#overpricing
As supply shortages persist, a resurgence in car overpricing looms, potentially triggering further price increases if the crisis continues. There are a total of 39,000 vehicles currently held at customs, including commercial and personal imports, including those intended for individuals with special needs. “There will be a slight rise in car prices, a typical outcome due to the many cars held at customs,” stated Osama Abul-Magd, president of the Automobile Dealers Association. “It wouldn’t be in the interest of consumers…
