HOW THE CHIP SHORTAGE AFFECTS CAR SHOPPING

April 29th, 2021 by

As you may know, the average new car contains between 50 and 150 computer chips. They monitor your tire pressure, safety systems, navigation, and a host of other duties.

Due to the ongoing pandemic, at the time of this writing there is a worldwide chip shortage. New car production for many models – regardless of brand – has stopped as manufacturers wait on chips.

As a result, new cars are scarce and often sell at sticker price, and used cars sell for an average of 26% above comparable values last year.

This means that trade-ins are worth comparably more, as well, so now is an ideal time to sell your car. With fewer new cars in stock, we are also building more custom vehicles than ever before, with exactly the features you want and none of the ones you don’t.

In a nutshell, if there is a new car you like and you don’t put a deposit on it, someone else is probably going to buy it, and another may not be available for several months. Many Customers are buying our stock cars before they even arrive.