The Truth About Why New Car Prices Are So High

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Over the past few years, the price of new cars has skyrocketed. The average price of a new car in the US is over $48,000. Covid has caused supply chain issue which is believed to lead to higher new car prices but that is not the full picture. Car makers are building more expensive vehicles, the car rental industry was hit hard by covid, billions were lost in covid benefits which were used to acquire cars and inflation hasn't helped but is it greed by the dealers or is it consumers to blame for this rapid increase in cars selling so high and over MSRP? What is going on and what is causing this large increase in new car prices?

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Gully Dreams - Hanu Dixit (YouTube Library)