Dealership inventories hit bottom; prices soar for both new, used vehicles
As vehicle inventory decreases due to supply chain disruptions, prices for new and used vehicles continue their upward trend. STOCK PHOTO | MIKE MOZARTL
The nation is experiencing a low inventory of new and used vehicles at dealerships as a result of supply chain disruptions. The price of gas also has skyrocketed over the past year, affecting travel patterns.
U.S. car inventory levels are at their lowest since the global financial crisis of the late 2000s, according to cars. com.
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