While the pandemic chip shortage resolved around 2024, a new chip shortage started in 2025 when the Dutch government took control of Nexperia (who are owned by China's Wingtech) and China retaliated by creating export restrictions. Honda, Nissan, Mercedes-Benz and others cut production. With less inventory, manufacturers and dealers are raising prices to compensate.
Also the cost of shipping never came down and lots of cars and/or their components need to cross oceans. Plus we have a new energy crisis...
Cars come to mind instantly. Prices exploded in 2020/1, due to legitimate shortages, most of which have been plus or minus resolved, but the prices for new (and used!) cars never came back down.