Computer chips crucial for building new cars are in short supply because of the pandemic, and many dealers are running out of inventory.
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44 thoughts on “As car prices soar, some sell theirs back for a profit”
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Trump should have brought back cash for clunkers ✅
It will all come crashing down and I can't wait for it!ÂÂ
Meanwhile, Patience.
So glad the Democrats are in charge.
Welcome to bidens America
Pretty soon the average working Man won be able to have a Car!
How about New cars with less chips?
They sell at high prices because they can! Same with houses! All they have to do is convince the low IQ population (most people) that there is a shortage! It is ALL a scam and a lie!
It's all lies
This is a scam
The END of 2022??? Oh dear
If you’re ret-arded enough to pay $10k+ for a 10 year old car there is no hope for you.
We had cars without computer chips
Okay, so now you're paying more for the new vehicle and guess who makes out on that? It amazes me how folks trade or lease every 2 or 3 years, especially if they're getting the same type of vehicle. It must be awfully expensive with title and doc fees, taxes and Lord knows what the dealer stiffs you for, especially at turn in. I've heard some dealers charge $900+ to replace tires on cars with 22K miles and other off the wall charges not considered normal wear and tear. Vehicles are designed to last well over 250,000 miles and at least 15 years without major repair.
David David David, yeah you can yap all you want about car prices, how about gas prices?? I'm paying a dollar more than I did a year ago and it's because Biden is trying to kill the US as a producer of cheap energy, duh
My old truck doesn’t have a computer,and I can work on it.
So you sell your car back make a small profit but you still need to buy a car so it costs you more in the long term. Don't fall into a trap ..
A lot of people with high IQs are terrible investors because they’ve got terrible temperaments. You need to keep raw, irrational emotion under control
Sheez that Erielle is a firecracker
Definitely no bubbles in this market.. 🤣🤡
Hahaha nice spin. The question is, are the cars vaccinated?
I might just HODL until things get back to normal lol.
My truck I've has for over 25 years, doesn't have/need computer chips. It's not full of electronic crap.
I CALL BULLSHIT. I have seen the cars that didn't sell get moved to desert storage(by the thousands)to eliminate competition with newer models on dealer lots.
During the early days of 2020 it was hard to get stock from China, why are we relying on other countries, its stupidity
Calling all 🚗 car's
Not good! Lol but I'll just let you all pretend this is Normal
In the movie " I Am Legend" the vaccines turned people into zombies
B S… news and media are being used to create inflation. Try taking your used car and see how the dealer will tear you a new one.
It's true, I bought a 2020 Buick Encore in January and I now have an offer from Carvana that is $4,500 above what I paid out the door, Carmax offer is $4,200 above what I paid. It's crazy. I'm tempted to sell but have to realize I will not be able to get another good car deal for a long time. It's a second car and I paid cash, so it's not like I won't have a vehicle. I've always had two vehicles as I like having a spare. My other is a 2019 Kia and it's still under new car warranty. How often can one buy a brand new car 6 months and 3K miles later sell it for a good profit? Tough call.
People were boycotting Toyota.. they might have some cheaper cars to sell now 😂
Anyone buying this bs is a retard
Only 2 Toyota 4runners 2021 coming to the US in a vessel . And luckily one is mine . ðŸ¤Â🥺
ok ABC so now please run stories on Hunter Biden / the CCP & their bio attack on the free world /Joe Biden's Dementia / 2020 election disparity / Inflation what's Biden Harris doing about it? / immigration problems / Cuba and did I mention the CCP?
This is a scam. They make it seem as though there is a shortage followed by demand to pawn off these worthless cars because they will soon be too expensive to maintain and insure due to new “green/eco restrictions “. Why does everyone keep believing these liars? Car salesmen, news casters, politicians, doctors… 🤡come’on man
if they're all sold that lot would be empty lol. They should have moved some away for this segment!
I’ll buy your car from you! Top dollar. Certified salesman in Colorado
Hyperinflation is happening. The dollar is dead.
Take a look at the value of a used Toyota 4Runner and Tacoma. Thank me later.
Sell your car back to these dealerships for appreciation of 30% for the depreciation of 30% you lost driving it off the lot and maybe tack on an extra 10-20% for good measure!
I have a kia sportage – but i don't drive it-! I walk to save money –
Thanks Biden !!
Youre telling me I can make a profit off my car I've driven for extended periods, while it depreciates? Well hot damn
Aint no way,
You can't blame people if they're getting more money for cars! Take advantage of the situation!