Every day there are several major crashes where a car is totaled: cannot be fixed and so the person needs a new one now. There are also a lot of people who wait until their old car breaks completely before deciding to get a new one (the car may or may not be repairable, many people give up on a perfectly good car). Both of these cases are high profit margin I need a car now I'll take what I can get.
Someone who is willing to order a car and wait is more likely to look for a better deal if they can get it.
Re:Carmakers feel chip crisis easing
by kube-system on Tuesday June 07, 2022 @12:47PM
(#31657014)
"Several" is an understatement. I couldn't find any stats on salvage titles, but Copart alone says they move more than 100k vehicles per month.
I think this is mostly true, for a decent chunk of buyers. And I think this is part of the reason why we've seen used car prices skyrocket. People who have the cash to buy a new car but can't find what they want on the new lot are buying whatever they can.