Chip shortage fuelling demand for used cars, say industry experts

Angie Tan

While waiting lists grow for new vehicles, used car dealers are seeing both an uptick in business and missed opportunities to close sales. – pic, June 25, 2022.

SHORTAGES of semiconductors and other components hampering carmakers worldwide have been a boon for used car traders. 

The long wait for new cars has driven the demand for readily available cars, according to industry experts.

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