Chicago Tribune Used News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Used car values skyrocket nearly 21% as new car inventory dries up. Is it time to cash in your old clunker? Robert Channick, Chicago Tribune © Erin Hooley/Chicago Tribune Used cars are displayed for sale May 3, 2021, at the CarLotz used car consignment dealer in Downers Grove. With new car production grinding to a halt during the ongoing computer chip shortage, that old clunker at the end of the driveway is starting to shine again. Popular Searches As the country emerges from pandemic stasis ready to hit the road, there’s a dearth of new cars on dealer lots, and a growing number of buyers turning to the used market, making it potentially a great time to sell your old car especially if you don’t plan to replace it.

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