Why used cars are suddenly costing more than when they were new


When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that to buy the same vehicle, even though it’s used.

Then they’re selling it to consumers for more than $33,000.

Welcome to the wacky world of United States car and truck sales, where the pandemic and a global shortage of computer chips have pushed prices to record levels.