Just to show how bad the chip shortage is:
Earlier this year, I went in to a Ford dealership in a busy part of Phoenix Arizona (Bell Road for those who know the area). After I parked my car and got out, there wasn’t a hoard of hungry sales people on me (as there usually would be) before I could get inside. In fact, no one greeted me. I went inside: Me: “hello, is anyone here?”. Voice from behind a cubicle/office wall: “can I help you?” (he didn’t bother to even stand up). Me: “Yes, I want to buy a Ford Ranger today”. Voice: “I couldn’t sell you a Ford Ranger now even if you paid cash”. Me: walked out without ever even seeing anyone. The lot was nearly empty. I had never seen a dealership empty car lot on a busy highway before.
So I went a few doors down to a used vehicle lot. No f-ing way was I going to do business there when I saw their prices. They tried to sell me a two-year-old used Ranger for the price of an off-the-lot new one. And they wanted cash or 24% interest. They didn’t care how good my credit is.
I ended up waiting three months for a top of the line remanufactured engine to arrive from Jasper and had it put in to my old 2000 Ranger. It cost me $7,400.00 installed (including lots of other under-hood parts replaced in the process also). It runs like a fine piece of machinery now and maintains ice cold air conditioning. If your current vehicle isn’t likely to outlast this pandemic, now might be a good time to start planning ahead.