sxxzp00
Saved up the past few years for my first sports car and this shortage drove up the price :(

Dealers are definitely struggling to keep cars on the lots so the prices are bonkers.

Chip shortage will probably last for at least 6 months in my opinion.

The_Schwartz
I am all for going back to cars with no electronics other than the radio and a few indicator lights. We save very little MPG with computers over a mechanical engineered solution. Hopefully they begin releasing retro vehicles.

Why do we even need to turn our cars into computers more powerful than gaming pcs? When did listening to spotifiy on your phone become so outdated? :)

Harord

XrayMan
 
My lease is up in 30 days, and I want to get another Toyota Rav4 XLE. Go from 2018 to a 2021. I want to do payments to buy this time, but they haven't had the car in stock for a little while. I want to go to the same dealer. My family, and I have got cars from them more than a few times over the years. i wonder how much longer this chip shortage is going to last.    :/

New silicon factories are supposed to open in Q1 2022. So until then chip shortage still be a thing.

You're probably right about that. But there's also the fact that as the pandemic is dying down, factories are starting to operate at capacity again and also demand for electronics will also reduce a bit as people start to go out more.

XrayMan
 Update:
 
Went to my local Toyota dealer earlier today. I wanted the Rav4 XSE, dark blue. Was wayyyy over priced. They did take $3,000 off, but was still $40,000 after all the fees were added. Wife talked me into waiting until December or January, and try again. Maybe the 2021's will be discounted when the 2022's come in.

I hope so.
 
For information purposes, a couple of weeks ago I had my truck in for service at the dealer where I purchased it in 2015 and had an interesting conversation with the manager.  Here are some salient points:
 
1.  They are the largest GMC/Buick dealer in the region and their allocation per month is 10% of what they normally sold.
 
2.  They receive a listing of incoming allocated vehicles and within 24 hours they are all sold, weeks before they arrive.  I asked how many are financed and their response was only a couple per month.  There are no discounts except for a couple GM programs and the military discount program.
 
3.  Most do not have the upscale displays and systems.
 
4.  Used vehicles are not a deal, they are going for high prices.
 
5.  They do not know when things will improve and the only information they receive is "soon."  They are expecting shortages into next year even with the new model year.
 
So in some sectors, the situation is still very grim.

 
Thanks for the info Flint. That car I wanted would have arrived in November. I could have bought it today. Almost did, even with that price. Changed my mind last moment. I did hear next year will be worse. Hopefully I didn't pass this up, just to regret doing that later..   :/

Germany had to close some auto plants temporarily due to lack of automotive chips

Flint 1760

XrayMan
 Thanks for the info Flint. That car I wanted would have arrived in November. I could have bought it today. Almost did, even with that price. Changed my mind last moment. I did hear next year will be worse. Hopefully I didn't pass this up, just to regret doing that later..   :/

Hopefully it will improve in the next six months.  The auto industry is a major contributor in the economic engine of a lot of countries, including the US and I can see governments taking steps to direct resources to the industry.
 
The GMC dealer I use has only laid off their part time sales employees. The service and parts department are intact and, besides limited sales, their full time sales employees are doing other duties.  Apparently they promised their full time employees that no one would be laid off and thus far have kept that promise.

 

XrayMan
 
Update:
 
 
Went to my local Toyota dealer earlier today. I wanted the Rav4 XSE, dark blue. Was wayyyy over priced. They did take $3,000 off, but was still $40,000 after all the fees were added. Wife talked me into waiting until December or January, and try again. Maybe the 2021's will be discounted when the 2022's come in.

When I was looking at Rav4 PRIME's, there were online communities (Reddit for example) that had VIN trackers showing which dealers were getting what stock. That degree of information provides you significant leverage in the hunt. There's no reason to pay over stick for a 'stupid' Rav4, let alone any other vehicle. Look for a dealer will quote you for a factory order, and provide an invoice in writing with 'out the door' price inclusive of all dealer feels. Before the vehicle is built, they probably won't be able to give you a manroney sticker (federally mandated price sticker in every built vehicle) detailing line item for every feature and price, but you can get a good sense of what your option is with that dealer. Remember, MSRP still leaves profit for the dealer. An honest dealer will be happy for an easy sale on a factory order and will be less interest in playing games.
 
Don't be afraid of shop around and to give them a hard time. Dealers are making big money off of these vehicles, be as cutthroat to them as they are to you.

car price wont back to nornal for couple of years

Congratulations on your Rav4!  I know you have been waiting for some time.

XrayMan
 
The car arrived yesterday. Picked it up. That Rav4 is awesome. Loving driving it already. I'll try to post some pics of it later tonight in a new thread.  

Very nice!! Enjoy that car!!
 

Mazda here in Japan just cancelled my, already paid for, order for a new CX-5. Ended up just going with a new engine for my current CX-5 as I can't afford to wait 3 more months and $10K sticker increase for the newest model to be made. Guess I'll hang onto my current car until things get back to normal in a couple of years. 

Took me a month to get my new Subaru Outback Premium. The higher trims won't be in till Dec. I have to admit..it's a big change from my 2012 Corolla, it had just a basic interface phone media. The Outback? Onboard sensors, voice command, media galore, hotspot, wifi...that month of waiting was just for the chips..lol.

Luckily my old car exploded Jan'20 and I had a new CR-V by Feb, before all the supply chain problems started started.  Also, unknown supply chain parties are stock piling chips instead of passing them along as usual.