From empty dealer lots to sky-high prices, here's why Canada's new car market is still a mess | CBC News

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New car prices are sky high, and buyers are facing lengthy wait time if they're lucky enough to find a dealer to sell them one.

, filtering down to a historic lack of finished vehicles for sale on dealer lots. And on the demand side, consumers were far less eager to buy what was available, as the economic uncertainty had them holding on to their existing cars far longer than usual.

Jennifer Nemeth, pictured in Edmonton on June 5, went to a different automaker when she was told there would be an eight-year wait for her preferred new car. She and her husband patiently waited for more than 11 months with next-to-no news from their dealer, before deciding last month to poke their head into their local Mitsubishi dealership and ask about a hybrid Outlander, another model that had initially caught their eye.

"There are auto makers who — for whatever reason, it's not even always clear to us — are doing a better job of managing their supply chain," he said. "But every dealer in the country wants more cars but can't get them."Shari Prymak, of Car Help Canada, offers tips for consumers looking to buy a car amid vehicle shortages and inflated prices.

 

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