How to buy a new car amid low inventory and high prices


Any shopper who has stepped onto a vehicle sales lot during the coronavirus pandemic has likely noticed at least two things: There are very few cars and they have very high sticker prices.

Amid inflation and fear of a recession, buying a car in this climate is certainly not for the faint of heart.

“If you go by a car dealership these days, you either see a lot of asphalt or you see a lot of used cars in spaces where normally there would be new cars,” said Tyson Jominy, vice president of data and analytics at J.D. Power.

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