Talk of The Villages Florida - View Single Post - New/used vehicle prices will spike
Thread: New/used vehicle prices will spike
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Old 09-30-2022, 09:38 AM
kkingston57 kkingston57 is offline
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Quote:
Originally Posted by Tvflguy View Post
Just pondering. With all the photos and videos of damaged and totaled vehicles in the wake of Ian. Plus the “chip” issues delaying manufacturing of new vehicles. And the sky-high prices of both new and used…

The result will no doubt become even Higher prices and limited availability. As expensive as they have become…hang on.

Personally we have a lo-miles nice vehicle with no plans to buy. But for those planning to buy- or forced to buy…OMG. And the car dealers smacking lips.
This will create a little more demand but on a world wide basis it is probably well under 1% more. Katrina probably caused more damages to cars than Ian.