Anecdotal data points here, but four different people I know wanted to buy a new car the past year.
Nobody found cars on lots.
One guy bought a Tesla literally because he could buy a car and felt waiting a few months for delivery was his only real option.
Another couple had a minivan shipped all the way from Nebraska.
The remaining two haven’t purchased a car. They would rather wait till cars they like come back to lots.
These played out over Q2/Q3 2022. Not sure if the situation is different now.
The automobile industry did this to themselves. I’m not a Tesla fan, but I see them winning by literally being the only manufacturer who is able to deliver cars to customers these past years.
(Yes, there are a ton of caveats and my sample size is small and doesn’t reflect *reality (TM)* etc etc)