Inventory of new cars is way down because factories were closed for months. Additionally, some companies don't want to make 2020 models for a month and then switch to 2021...so they are punting on building 2020 models. So used car prices are rising as folks turn to that option.
I expected this...was in the market for a new car and late march early april lots of inventory and great deals but had 4 months left on my lease...now it's tough...Toyota dealer refused to budge off sticker other than factory rebate of 1k.
