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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There’s a lot to unpack here.[b] Car prices won’t change anytime soon[/b] and if they did, it won’t be a significant decrease. We are getting close to the end of the model year so availability for new cars should tick up slightly.

With a 2 mile commute, Uber may be cheaper for you.

And if you are short on cash, finance the car purchase. Rates are usually so low that it doesn’t really make sense to lay out that amount of cash. [/quote]
This. And applies to all items that went up with the pandemic e.g. cars, lumber, food, electronics, etc.[/quote]

I mean, lumber just plummeted. It's still more expensive than it was pre-pandemic, but it's a lot less expensive than it was 3 months ago. Not unreasonable to think that op could get the same car closer to the end of the year for a few thousand less.[/quote]

This isn’t lumber we are talking about. There is a chip shortage that is very real and isn’t getting better any time soon. Also, if demand is there, why would there be any incentive to lower prices?[/quote]

It's exactly like lumber, even though, yes, cars are not made of wood. When supply goes back up, there will be downward pressure on prices. Who knows when that will happen, but this is being driven by a short-term problem that will be resolved eventually. The same thing has happened with toilet paper, masks, and the gas shortage, and about a billion other things during this crazy time. I also think people freak out and rush to buy (see gas shortage that was made way worse by humans' tendency to panic buy).[/quote]

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