Quote:
Originally Posted by ben dover
The whole industry was scamming folks the last 2 years, claiming they didn't have cars because of a "Chip" shortage and running the prices to the moon. These days they are all advertising like crazy trying to get rid of excess inventory.
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Totally agree. Automakers learned they coukd make more money by producing less cars. That is nit biting them as interest rates have risen and used car values have started to come down.
Toyota and Honda are already beating the drum saying the chip shortage may persist into 2023, but other manufacturers are already offering financing incentives to get customers in the door.
25 years ago you could still purchase at Dodge Dakota for9K, today that same truck costs 60K. A wee but more than inflation...