Low car inventory, microchip crunch, flood-damaged lemons explained
COLUMBUS (WCMH) — Car shoppers are frustrated by new models held up in cargo ship delays off the California coast while second-hand scammers in the used-car market create nightmares for bargain hunters.
But the market is set to right itself soon, says Rick Ricart, president of Ricart Automotive who gave tips to NBC4 on what to look for in a used or new car — and avoid scammers.
Low inventory and delays for new cars
“Luckily, I think we’re finally on the uphill climb back to supplies normalizing at some point in the future.” Vehicles are stuck off the coast, says Ricart. “We are having a very difficult time getting some of our imported vehicles to the lot. We know that there were a lot of vehicles that were built in Korea, Japan, and the like that are on container ships,