Alaska Journal | Used car prices soar 47% amid national shortage
Tue, 07/27/2021 - 7:07pm A nearly empty lot for staging new cars is seen outside Kendall Toyota of Anchorage July 23. A microship shortage reducing new car inventory has sent used vehicle prices soaring by 47 percent in Alaska. (Photo/Emily Mesner/Anchorage Daily News) The global slowdown in auto manufacturing has left many showroom floors and car lots in Alaska nearly empty. Auto dealers say the situation follows a national trend that has boosted demand for used cars and trucks, causing prices of those vehicles to skyrocket. They say the problem is unprecedented, and rooted in pandemic-rel...
Source: alaskajournal.com