The Virginia-based used car consignment community is planning to open its second Chicago location this summer time in Highland Park. The company noticed stock at its Downers Grove location drop from 600 to 200 automobiles over the previous few months. The semiconductor scarcity and plant shutdowns decreased new car inventory by 48% year-over-year in April, a situation that will doubtless worsen before it will get higher, Caldwell said. As new automobiles become scarce, the costs rise as properly, with a record 13% of buyers paying above sticker worth in April, Edmunds reported. Last yr, greater than 38 million used autos have been sold, in contrast with 14.5 million new automobiles, Caldwell mentioned. Potential customers walk the lot at CarLotz, a used car consignment dealer, May 3, 2021, in Downers Grove. Used car values are skyrocketing as new car production grinds to a halt and stock
https://cars.aboutbmw.net/