BY val bartolome

Used Car Market Trends 2022

Because of the pandemic's impact and a lack of vehicle parts,

PANDEMIC / CARMUDI

There is a shortage of new vehicle supply in 2022.

SUPPLIES IN 2022 / FORTUNE

And as a result, the price of new vehicles increased

VEHICLES INCREASED / CNBC

And the demand for second-hand vehicles has risen

VEHICLES HAS RISEN / ABC NEWS

According to the Yahoo Finance report, used car prices rose 39.8%.

USED CAR PRICE / KEN RESEARCH

And the price of new cars rose 8.9%

NEW CARS / THE MERCURY NEWS

As long as the supply of vehicle parts is not fixed and vehicle production does not return to normal, their prices will remain high.

PRICES REMAIN HIGH/ YAA

The automobile parts supply crisis is not easy to fix, especially as the U.S. is dependent on large chip and semiconductor production in Asia.

PRODUCTION / FORTUNE

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According to the Financial Times report, the shortage of vehicle parts will last until 2023.

SHORTAGE VEHIVLE / CNBC

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