Perhaps no market has felt the effect of supply chain disruption more than the automotive sector.
Chip shortages have led to lower dealership inventories and work stoppages across the country – driving up prices for new and used vehicles.
In response, BestBrokers.com recently offered a look at the prices of the top 10 selling vehicles in the U.S. – comparing their current and 2019 base model prices.
The 2nd highest selling vehicle, according to data from Edmunds, leads the way in MSRP increase. The Chevy Silverado has seen a 22.2% increase in price since 2019.
Second in price increase and 9th on the sales list is the GMC Sierra 1500, with a 19.5% uptick in price.
The Honda Civic, which is 7th in sales, comes in next with a 15% price increase, followed by the number-one selling Ford F-150, which posted an 11.9% price increase.
The Ram 1500 (3rd in sales), Honda CR-V (5th in sales), as well as Toyota’s RAV 4 (4th), Camry (6th), Highlander (8th) and Tacoma (10th) all saw increases from 5.15% to 9.6%.