Used Car Caution

When new car inventories slowed due to chip shortages, used car sales and prices soared. As people that needed a more reliable or efficient used car traded their old less capable vehicles in on newer, better cars, car dealers got in inventory those older higher mile vehicles, which then went on the lot to be sold. So as a result, the overall quality of available used cars is dropping fast as demand stays high and prices continue to soar.

As new car shortages continue, you may see cars on lots that in the passed 2-3 years have had more owners as this situation creates more turn over as drivers search for reliable efficient cars.

And with gas way up, this whole cycle will get more costly as if you buy a used car that then needs repairs the parts required will be more expensive due to demand, supply, and transport costs.

So if in anyway you can wait, may be best to stay out of the car market all together.🚴🏻*♀️🚴🏻*♀️🚴🏻*♀️🚴🏻*♀️