MG
Moderator
* The pandemic has thrown the auto industry completely out of whack.
* The amount of new cars available to buy in the US has plummeted by 75% since March 2020.
* As a result, prices of new and used cars have soared.
Buying a new set of wheels used to be moderately stressful. Now it can be a nightmare. New cars are incredibly scarce. Used ones are absurdly expensive. Competition among buyers is fierce. And things seem to keep getting worse. But what exactly is going on here?
In a nutshell, the root of the chaos is...READ MORE HERE
* The amount of new cars available to buy in the US has plummeted by 75% since March 2020.
* As a result, prices of new and used cars have soared.
Buying a new set of wheels used to be moderately stressful. Now it can be a nightmare. New cars are incredibly scarce. Used ones are absurdly expensive. Competition among buyers is fierce. And things seem to keep getting worse. But what exactly is going on here?
In a nutshell, the root of the chaos is...READ MORE HERE