The Pandemic Supply Crisis Has Caught Up to the Used Car Market

The Pandemic Supply Crisis Has Caught Up to the Used Car Market

The semiconductor shortage led to fewer new cars in 2022 and beyond, which in turn translates to fewer used cars today.

Used car prices surge past $30K as supply shrinks, report says

Used cars are more expensive than they've been in years, according to a new report from Edmunds released May 22.