Why Are Cars Becoming So Expensive?! Gas OR Electric You WILL PAY MORE

This video was first publish on Car Coach Youtube Chanel

In this video, we will explain why cars are becoming so expensive. Whether you are buying a gas or electric vehicle, prices are getting too expensive! You WILL PAY MORE. Specifically, we're talking about how cars are too expensive. There has been a sharp rise in new and used car prices since the pandemic has left many buyers concerned if they can afford a vehicle. Now, some dealers are worried along with them.
 
Some dealers have been saying that the elevated prices and a lack of affordable models already are keeping some prospective buyers away. Now, higher interest rates and limited supply of cars are making it even more difficult for customers to make the math work on a monthly payment. 

In some cases, buyers are canceling orders they placed before interest rates edged higher, dealers say. Some auto retailers are trying to increase their used-car inventories to make it more affordable for buyers. Thanks for watching and subscribing.

00:00 Why Are #cars Becoming So #Expensive?! #gas OR #electric You WILL PAY MORE
00:22 car prices
00:43 interest rates raising
01:05 why cars so expensive?
01:42 cars sales decline
02:28 Tesla lowers prices
02:44 average car prices
03:01 inventories are small
03:22 Auto dealers concerned
03:51 demand has lessened
04:05 delivery times  @autodealersofamerica5597 
04:40 trade-in's today
05:00 used car prices falling

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Why Are Cars Becoming So Expensive
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