Is the vehicle pricing ever going back to “normal”?

Honestly, I don’t think we’ll ever see prices go back to the way they were before COVID.

Between the chip shortage in ‘21 and ‘22 and the overall lack of inventory, prices have stayed pretty high across the board. Unless there’s a major market crash or a huge surge of used cars suddenly hitting the market, I don’t see them dropping much. Plus, since new cars are so expensive, people are just hanging onto their current rides longer, which keeps the demand—and the prices—for used cars pretty strong. I think what we’re seeing right now is just the new normal.

This content was provided by Josh Lewis at Top Gear Auto Sales located in LeRoy, MN. For more information, contact 507-324-1800 or visit www.topgearautosalesllc.com.