Finding a new vehicle is still proving to be challenging and used vehicle prices are insanely high.
I will offer up one piece of personal opinion, and NO this isn't a sales pitch, Inver Grove Ford seems to have more inventory than anyone. Not sure how, but I think it has to do with being around for a long time and being well connected.
Anyway, aside from that, what do you do? Here's some info from Axios Twin Cities
Minnesotans tryingto buy a vehicle before winter are finding bare dealer lots and long delays.
- Nick learned that first-hand, and fast, while shopping for a car to accommodate his third child on the way.
Why it matters: There's a national vehicle shortage tied to a scarcity of semiconductor chips, so people are having to wait for their preferred vehicle and pay more when they get it.
- "Everybody's paying sticker price or above sticker to get something they want," said Scott Lambert, president of the Minnesota Auto Dealers Association. "In my 30 years doing this, I've never seen anything like this."
Nick was interested in buying a used vehicle, but the prices were so high that it didn't make a lot of sense.
- Used car prices are up 34%compared to last year. Why spend a few thousand dollars less on a four-year-old vehicle with 50,000 miles and no warranty?