Thread: Used Car Bubble
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Mike Andrew Mike Andrew is online now
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Join Date: Feb 2003
Location: Chitown Burbs
Posts: 1,885
Yep, Kung Flu and the chip shortage are great for the used car market. Noticed the used car inflation when I bought my new Forester in August year. Certified used prices were within $2K of new and few on the lot. To me it became a no brainer. Things have worsened since; both with used car prices and the chip issue. Maybe if cars had less Nanny systems, the chip shortage might mitigate slightly.
Local Chrysler plant has had to shutdown due to chip issues. Pano had an article this month about the number of cars affected and production shortcomings. Probably here for a while as increasing capacity is so costly.
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Mike Andrew
1980 SCWDP
2024 Suby Forester
2018 BMW X1- Wife's
2000 Boxter - Sold
Old 06-27-2021, 05:35 AM
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