How to Buy a Car

The ongoing semiconductor chip shortage and consequent vehicle shortage have caused prices for both new and used cars to hit record highs.

“Shrunken inventory continues to wreak havoc on both the new and used vehicle markets,” said Jessica Caldwell, Edmunds’ executive director of insights “Shoppers who can actually get their hands on a vehicle are committing to never-before-seen average payments and loan terms.”

Read the full article