New Vehicle Inventory Is On The Rise

New Car Inventory Is On The Rise

There’s finally some good news about the automotive industry! After months of suffering through production delays and broken supply chains, manufacturers are beginning to recover. New car inventory is on the rise, which means better selection, shorter wait times, and dropping prices! Visit Mike Anderson Chevrolet Chicago for your 2023 car shopping today! 

New Car Inventory 

You probably remember the difficult supply chain shortages that began in 2020. They were caused by the shortage of a specific chip needed to manufacture new vehicles. Without this vital piece, new vehicles weren’t able to be completed with the necessary safety technology.

As frustrating as that was, the good news is that the new car inventory levels are increasing at dealers across the country. Treat yourself to a new vehicle this summer! The lineup of 2023 Chevrolet models is full of new upgrades and redesigns to enhance the performance, safety, and technology of each new vehicle. With great prices for amazing vehicles, 2023 is a great time to buy a car. 

Vehicle Prices to Decrease in 2023 

Over the upcoming year, financial experts predict that both new and used car prices will fall. In November 2022, J.P. Morgan released a research report showing trends that indicate new car prices will probably fall roughly 5 percent, while used car prices could dramatically plummet by 10 to 20 percent. Supply of new vehicles for the upcoming year is returning to normal, which is expected to fuel the decrease in prices for 2023. 

New Vehicles Available Now 

At Mike Anderson Chevy, we have a great supply of new and used vehicles for your selection. Check out some of the vehicles we have available now.

Visit Mike Anderson Chicago!

Looking for a Chicago Chevy dealer? At Mike Anderson Chevrolet of Chicago, we are one of the area’s premier Chevrolet dealerships. We offer a huge selection of Chevy cars, trucks, and SUVs for you to choose from. Founded in 1969 by Bob Anderson, Mike Anderson Chevy Chicago is proud to continue to serve the community with a great selection of vehicles and top-notch customer service to everyone who walks through our doors. Chevy financing is also available for qualified purchasers. Stop by to check out our great selection of new vehicles, like the 2023 Silverado and 2023 Equinox, today!

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