Maybe, but with new cars being sold for above MSRP, that natural price cap is rising.

The price of a new car is whatever the dealer is willing to let it go for. MSRP is a starting point, not the final price, which can be literally anything.

Not everywhere though. I recall Venezuela had unusual car prices about a decade ago.

Car dealership inventory was very low due to currency controls and wait times at car dealerships increased to months.

A slightly used car, inmediately available for sale, was more expensive one than a new one with months wait.

Yeah, I normally buy used, and this time I just bought new (technically I leased new, but it's the first time I'm leasing a car in my entire life), because it just didn't make any sense to me to buy a used car for almost the same price as a new car.

If you can get a new car. In theory, a used, available car could be worth more than an unobtainium.