Good morning, OF.
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The price increase has more to do with the chip shortage. New cars are in short supply so many are purchasing used cars, which raises the cost.Is the price of used vehicles going up since the shut down a good or bad thing? Depends if you are the seller or buyer. Our astro went bad because we didn't use it for so long during the shut down (wasn't great to begin with) so got a small used 10 foot E350 box truck in hopes we could do flea markets. 10 months and several hospital stays later plus exacerbated arthritis DH realized it's not for him. We traded it in for a new Ford ranger today and were pleasantly surprised to find it was worth several grand more then we paid for it