New Car Buying Tips
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The new car market right now is insane! Are you thinking about buying a new car in 2021? If so, you need to hear what I'm sharing! Don't buy a car from a dealer without know what's happening right now!
You understand supply and demand, and right now demand far exceeds the supply, here’s why.
It’s all because of a world-wide shortage of microchips. This shortage is related to manufacturer slow downs during the epidemic.
Today, new cars are rolling computers and these microchips control almost all aspects of a vehicle’s operation, so this is a BIG deal!
Here’s how this effects you!
Without these microchips the flow of new cars to dealer lots has been slowed, in fact, this last June, compared to June 2019 there were 54% fewer new cars on dealer lots!
With more shoppers than cars, dealerships are marking up their vehicles and they have people waiting in line to buy them! So the volume’s down, but the profit margins are sky high!
There are signs the shortage is coming to an end. But, the foreseeable future looks to be unprecedented and unpredictable. I’m going to be helping people navigate these choppy waters, so be sure to give me a follow now!