Jul 06, 2021 · Now, dealers must pay almost $1,000 more for this vehicle in its used state – and the list price for consumers is more than $33,000. This bizarre situation has arisen due to the pandemic and a global shortage of computer chips. In April and May of 2020, U.S. automakers closed factories for eight weeks to minimize the spread of COVID-19.. "/>Used car shortage

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Oct 21, 2021 · Second-hand car sales soar amid shortage of new models. Chip shortage could last into 2023, says car boss. Analysis from the motoring group's website found the price of a three-year-old Mini Hatch ....

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Used-car prices have been soaring in recent months due to a global chip shortage, which has led to reduced availability of new cars. But there's at least one upside for car shoppers: Trade-in values for.

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