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New and Used Car Prices Soar Due to Microchip Shortage
The Western Journal ^ | July 10, 2021 at 2:27pm | Jack Davis

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 ...


TOPICS: News/Current Events
KEYWORDS: automotive; bideneconomy; carprices; cars; chipshortage; economy; inflation; newcars; trucks; usedcars
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To: Fireone

LOL!

You remind me of my friend in 1980.

His dad had 6 police interceptors on a hill just sitting there.

NEVER would sell. Rural TN.


81 posted on 07/11/2021 7:24:34 PM PDT by eyedigress (Trump is my President!)
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To: E. Pluribus Unum

I bought a 5 year old used car for 5000 bucks in 2006. Today, that same used car is selling for 5000 bucks. I drive cars until they can’t drive no more.


82 posted on 07/11/2021 7:24:46 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: E. Pluribus Unum

I bought a new RAV4 hybrid in March for a great price. I am very tempted to sell it for a profit. Heard of people getting letters in the mail from dealers offering $2000-$3000 over what has been paid.


83 posted on 07/11/2021 7:32:52 PM PDT by mikelets456
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To: MHGinTN

3.8L engine ... darn little phony keys


84 posted on 07/11/2021 7:36:53 PM PDT by MHGinTN
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To: Organic Panic

You’re a smart person.

We bought our first new car in 30 years, in 2013. Before that, all of our cars had been used.

The ‘new’ one now has only 29K miles on it.

Different people have different needs.


85 posted on 07/11/2021 7:39:17 PM PDT by Jamestown1630 ("A Republic, if you can keep it.")
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To: Jamestown1630

Replacing Carburetors with electronic injection [of many flavors] was the best electronic vehicle step forward of all time.

Putting a Hot Spot in your dash? Questionable, as one can do that other ways without integrating it with one’s vehicle wiring and paying over and over to do it with multiple vehicles.


86 posted on 07/11/2021 7:47:34 PM PDT by Paladin2 (Critical Marx Theory is The SOLUTION....)
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To: Fireone
There’s 13 55-57 Chevies out in my field, the only chips in them are in the windshields.

Any Nomads?

87 posted on 07/11/2021 7:58:04 PM PDT by Charles Martel (Progressives are the crab grass in the lawn of life.)
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To: E. Pluribus Unum

I recently got a pretty good trade on my old truck.


88 posted on 07/11/2021 8:40:22 PM PDT by 2CAVTrooper (One Nation, Under Fraud Completely Visible, With Spying and Lying Too All.)
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To: dgbrown

To have Navigation like the Ford guy. you’d could pick up a used Sextant ...


89 posted on 07/12/2021 4:38:09 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: wally_bert

Had a ‘74 CB750K. Added straight 2>1 single pipes (nice throaty sound), carb kits, pulled back handlebar, stepped seat and Continental skins. Put a ton of fun miles on it in later 70’s.


90 posted on 07/12/2021 4:57:51 AM PDT by polymuser (A socialist is a communist without the power to take everything from their citizens...yet.)
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To: Savage Rider

My car was totaled in March and I had a horrible time trying to find a used car. Car lots had very few and private dealers were way overpriced and mostly in terrible condition for the price.

Car dealers were NOT willing to negotiate at all. They didn’t care if I walked - someone else would be in there buying it for their price within days.

I couldn’t even get a rental car for several days after my wreck.

At the time they were blaming the rental shortage on spring breaks, and the lack of used cars was being blamed on “stimulus checks and tax refunds”.

Sounds like the problem has gotten even worse since March.


91 posted on 07/12/2021 5:09:35 AM PDT by Ektelon
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To: Ektelon

I hit a deer and totaled my truck last fall but replaced it with a newer model. I guess I should be thankful it happened awhile ago before the prices went REAL crazy. Although I sure wish I had my old truck - I was hoping to have it until the end.

Last year I had 3 strangers come up to me asking me if I wanted to sell it!


92 posted on 07/12/2021 5:17:01 AM PDT by 21twelve (Ever Vigilant. Never Fearful!)
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To: E. Pluribus Unum

Yaris, with 1.9L, built in Japan is a tight motor with quality build. I had an ‘08 hatchback that I ran to ,95k miles with never a problem. Chirped third gear. Lowered it with torsion bars, short shift kit, cold air intake and exhaust. Handled like a cart.


93 posted on 07/12/2021 5:27:24 AM PDT by SheepWhisperer (My enemy saw me on my knees, head bowed and thought they had won until I rose up and said Amen!)
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To: wally_bert

I wish I had never let go of our 46 CJ2A, but it was sold to a family relation with about 300k and a rotted frame under the battery. Not sure how much longer he had though.


94 posted on 07/12/2021 5:34:23 AM PDT by Woodman
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To: boycott

Not true. My brother in law was in town and he works for Intel. He said their plants never shut down during COVID & that they’re building two new plants. Not their fault that car makers are outsourcing their chips overseas.


95 posted on 07/12/2021 5:36:32 AM PDT by Mean Daddy (Every time Hillary lies, a demon gets its wings. - Windflier)
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To: Woodman

I’m planning on making my Willys a backup ride, good enough for short hops.

That 3 speed and F 134 aren’t exactly meant for the interstate.

I got my old blazer off the stands with the ancient tires it came with yesterday and moved so the chassis can have a place to live.

My harbor freight folding lawn chair doubled as a drivers seat.


96 posted on 07/12/2021 5:48:01 AM PDT by wally_bert (I cannot be sure for certain, but in my personal opinion I am certain that I am not sure.)
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To: wally_bert

We bought ours as ranch vehicle in 66 for $150. It had been used for construction work in Oregon and had a couple hundred thousand miles at the time. Only thing not original was it had later model seats. What a beast off road, but wouldn’t do much over 50 in the highway. All of use kids learn to drive in it on the ranch. Those were the days.


97 posted on 07/12/2021 5:58:37 AM PDT by Woodman
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To: boycott
It should be considered a national security issue. We sent all our chipmaking overseas.

Couldn't agree more. And when China invades Taiwan they'll control a huge chunk of the world's high-end chip manufacturing. In addition to their bio-terror virus capabilities, they'll then be well-positioned to embed viruses in computer chips.

Anyone who thinks China won't invade Taiwan now that they have their puppet, Beijing Biden in office is a fool. They'll invade whenever they want to and Biden will do nothing about it.

98 posted on 07/12/2021 6:03:02 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Woodman

Dad, a backhoe, and a torch recently got the tub off for me.

I plan on letting the local powder coating crowd patch weld as best they can where it needs and then a shot of gray unless the estimate is absurdly high.

Then I might look at the overpriced but supposedly guaranteed to fit Willys Overland tubs. Those other kits are a roll of the dice in terms of fit and quality. Being an ace metal worker is a plus.

I went the powder and patch route on the CJ7 I hope to get assembled someday. The tub has a few small flaws I can live with but mostly it was a budget item. I’ve gotten compliments from the people who have seen it.

Eventually it will be farmed out for the big jobs. Same as my old K5.


99 posted on 07/12/2021 6:06:59 AM PDT by wally_bert (I cannot be sure for certain, but in my personal opinion I am certain that I am not sure.)
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To: SheepWhisperer

My ‘07 hatchback has 150,000 miles and runs like a top.


100 posted on 07/12/2021 8:11:01 AM PDT by E. Pluribus Unum ("Communism is not love. Communism is a hammer which we use to crush the enemy." ― Mao Zedong)
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