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Looking for a new vehicle? Don’t expect any year-end or holiday deals

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Dealer inventory levels across the country remain extremely low due to a semiconductor chip shortage that has led to sporadic plant shutdowns and depleted vehicle inventories in 2021.

Michael Wayland / CNBC

DETROIT – The Christmas wreaths and lights are hung at a General Motors dealership in metro Detroit, but there’s not too much else festive happening at this lot and others like it across the nation this holiday season.

Instead of new car buyers flocking to dealer lots to take advantage of holiday and year-end deals, many dealerships are nearly empty of both vehicles and customers. And if consumers do find a vehicle, they should expect to pay near sticker price, if not more, on some new…



Source cnbc.com

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