If You Were Waiting Until Now To Get A Hybrid Or Electric Car, The Market Has Some Bad News For You

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Gas prices in L.A. are spiking to record highs. So maybe you’re considering replacing your gas-guzzler with an electric or hybrid vehicle? Well, good luck finding the one you want.

. So maybe you’re considering replacing your gas-guzzler with an electric or hybrid vehicle. But good luck finding the one you want.

In the past, when gas prices have risen, car buyers have gotten a lot choosier about fuel efficiency. But Brian Maas of the California New Car Dealers Association says this is a bad time for choosy buyers: athat power all cars’ increasingly complex computer systems has choked the flow of new vehicles from assembly lines to dealership lots.

“In the current environment, dealers don’t have enough inventory regardless," Maas said."What it means is there’s probably going to be more demand for highly-efficient vehicles, electric vehicles, etc. — but dealers don’t have many of those anyway.”. Last year, it soared to 23 percent.High gas prices won’t turn buyers off of gas-only vehicles all at once — but Maas says if prices stay high demand for hybrid and electric cars could rise even more.

 

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