Supply and demand. Supply of new cars is constrained due to chip shortage, this ... | Hacker News

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		iso1631 on July 25, 2022 \| parent \| context \| favorite \| on: Average new car transaction price hits a record $4... Supply and demand. Supply of new cars is constrained due to chip shortage, this increases the price, leading to inflation.

acdha on July 25, 2022 [–]

Especially because the chip shortage means the car companies are favoring making more of their highest margin vehicles - you can buy a $60k vanity truck easily because they get way more markup on those compared to their economical choices.

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