Supply-chain issues back then are causing supply issues now.

The gap between the average price of a new and used vehicle eclipsed $20,000, according to Edmunds — the widest gap since the site started tracking it in 2004.

$20,000 used to be the starting point for a new car. Now there’s only one remaining model on the market that sells for around that figure … the Mitsubishi Mirage.

The microchip shortage of recent years put the brakes on the production of new cars. That’s making for a low supply of used cars now.