[Consultant32452]

Cash for clunkers destroyed mountains of cars which increased pollution and forced a bunch of people up the food chain with regard to competition for used cars.

[bombcar]

A big part of it began there, and Covid just made it even worse by constraining new car supply for a while.

[supportengineer]

Not to mention, all the excess dollars means that almost any older car has increased value for nostalgia seekers and enthusiasts.

[cameron_b]

The higher cost of financing making people hold the cars they have has further reduced the supply.