Scarcity In New Vehicles Driving Up Used Automobile Sale Prices

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Chip Shortage Is Now Affecting Actual New Automotive Sales Numbers

Your precise mileage will range with options, driving situations and habits, automobile and battery’s condition and other components. 29-mile All-Electric Range based on a completely charged battery pack and 119 mixed MPGe. MPGe is the EPA-equivalent measure of gasoline fuel efficiency for electric-mode operation.

Dealers

With new-car inventory slipping and demand excessive, the ensuing bounce in prices for brand new autos despatched many consumers into the used market. Their demand lowered supply and drove up used-vehicle prices, too. Alex Yurchenko, senior vice president of knowledge for Black Book, which monitors car costs, expects costs to say no a bit extra however to remain nicely above 2019 levels for a couple more years.