New-car buyers are getting used to paying top dollar and wai

New-car buyers are getting used to paying top dollar and waiting months amid semiconductor shortage – report


top dollar and waiting weeks
or months to take delivery of their new vehicle due to
stock shortages and delays caused by the global semiconductor crisis.
A study by a US automotive industry analyst firm claims new-car buyers
struggled with the long lead times
at first, but are slowly getting used to paying full retail prices and dealing with limited vehicle supply.
Industry insiders believe current stock shortages will last for the remainder of this year, and we may not see
a return to sharp discounting until next year.
In Australia, some customers have
cancelled orders in frustration because they don’t want to wait months to take delivery of a new car, but the majority are now prepared to wait, say dealer sources.

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