Why are used cars are so expensive right now?

A domino effect
The owner of Auto Warehouse Inc., John Lindberg, said overall business has been good, despite the pandemic. However, he acknowledged that they have fewer cars in their lots than usual, and it's been difficult to fill the lots. 
"It's not impossible, but it's challenging," he said. "We've unfortunately, we pay more for cars and thus the consumer has to pay more for a car nowadays. I mean... COVID kind of put us in that situation and a situation that we can't avoid."
It's a situation initially sparked by the pandemic, which led to supply chain issues due to a microchip shortage. 

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