Posted on 07/11/2021 5:18:59 PM PDT by E. Pluribus Unum
A microchip shortage is translating to higher car prices across America.
CBS reported that the average price of a new car has topped $40,000 and that used car prices have risen nearly 30 percent due to the shortage.
Lansing, Michigan, resident Heather Lyons knows that firsthand.
In looking to buy a replacement for a totaled car, she said she will end up paying more to get less, according to WILX-TV.
“It really is bad. My car payment last time for a decent vehicle was something I could afford and this time it’s going to be a worse vehicle for more than I was paying before,” Lyons said.
She said she is paying $4,000 more than she did for a similar car a year ago.
Dealers admit prices are high.
(Excerpt) Read more at westernjournal.com ...
“Typo 1.5”
OK. I had a 1985 CRX. Similar specs. So light it would smoke the tires off the line. Was a no-go in snow so when transferred traded for Jeep.
But no way it would chirp 3rd gear.
On the radio this morning a Honda dealer was bragging about their technical support for new vehicle owners to teach them how to operate all the gizmos on their vehicles.
I don’t know about that stuff. But I would like it if they still made a car with mechanical doors, windows, and not all of the fancy gizmos that we pay for now.
Some people want and perhaps need all of the ‘new stuff’. But some of us just want to drive to the nearby grocery or pharmacy a few times per week. All of the electronics just add to the chances of something going wrong - and big $$$ to repair.
My first new car was the cheapest car made in America at the time, a little Chevrolet hatchback, perfect for all of my purposes. It lasted me 10 years with only about $1K in repairs over that time. When it ‘died’, I gave it to my Bolivian immigrant neighbor who figured out how to fix it, and his wife drove it for a couple more years.
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