Real Wheels: Tough 2 years for car buyers


2021 Allen County car sales see improvement

By Jim Krumel - [email protected]



“Supply and demand obviously has played a part in car prices.”  – Mindi Mitchell

“Supply and demand obviously has played a part in car prices.” – Mindi Mitchell


The year 2021 saw 56,694 vehicles sold in Allen County, which was 2,741 more than 2020.

The year 2021 saw 56,694 vehicles sold in Allen County, which was 2,741 more than 2020.


GET YOUR CAR FEATURED

The Lima News publishes photographs of vintage cars, 20 years or older, free of charge in Real Wheels. It is easy to get your car featured:

Mail: Real Wheels, Newsroom, The Lima News, 3515 Elida Road, Lima, OH 45807.

Email: [email protected]

Include: Photograph of your car; year of car, make and model; how many years you have owned the vehicle; car’s history; best memory of car; your name, address and telephone number (the phone number will not be published).

If you have further questions, contact The Lima News newsroom at 419-222-6397 between 9 a.m. and 5 p.m. weekdays.

ONLY ON LIMAOHIO.COM

Check out cars we’ve featured and discuss your memories on the Real Wheels page at LimaOhio.com/tag/realwheels.

LIMA — Robert Bender used Wednesday’s warm weather to search the car lots in Lima.

He said he’ll continue to look.

“I’ll find something, I just don’t know what,” the Lima man said. “I was offered a fair amount for a trade at a couple of places, but the price for something new – if you can find what you like – is jacked up.”

It’s been a tough two years for car buyers and sellers alike. The pandemic punched a hole in the auto manufacturing supply chain. Unable to get the needed amount of tiny microchips that control everything in a car from its window motors to its navigation systems, almost every vehicle supplier experienced production delays. Many had temporary layoffs, including the Lima Ford Engine Plant, which idled 1,300 workers for a week in September 2021.

The market started to improve by the end of 2021 with auto sales lurching forward in Allen County. But for the most part, they remained stuck in first gear.

The total number of new and used vehicles sold in Allen County during 2021 was 56,694, less than a 1 percent increase from the 53,953 sold in 2020, according to the Allen County Title Department.

Auto dealerships did see a 17 percent increase in sales of new vehicles, with 4,008 new vehicles sold in 2021 compared to 3,439 in 2020.

“In 2021, we saw a shortage of cars and heard stories from dealerships about how much vehicles were going for at auctions. They had to adjust to a different market and try to find new ways to find cars for resale. For some, that meant finding auction houses on-line and for others, it meant closing their doors,” said Mindi Mitchell, manager of the Allen County Title Department.

Cox Automotive, a research firm, reported Monday that the pool of people likely to buy a new vehicle is shrinking. It said the average income for a new vehicle buyer is now $124,000.

“Supply and demand obviously has played a part in car prices,” Mitchell said. “There is a definite shortage of cars to be sold, so consumers are paying more for what is available.”

Recent months have once again ignited supply-chain bottlenecks with fresh COVID lockdowns in China, and Russia’s invasion of Ukraine. In order to get new cars to consumers, automakers are getting creative. Some are temporarily suspending certain option features with the promise to add them later.

As for Bender, he said he’s not rushing into buying anything.

“I’d like a different vehicle,” he said as he hopped into his truck, “but my pockets aren’t filled with money. You know, I have a budget, too.”

“Supply and demand obviously has played a part in car prices.” – Mindi Mitchell
https://www.limaohio.com/wp-content/uploads/sites/54/2022/04/web1_Mindi-Mitchell.jpg“Supply and demand obviously has played a part in car prices.” – Mindi Mitchell
The year 2021 saw 56,694 vehicles sold in Allen County, which was 2,741 more than 2020.
https://www.limaohio.com/wp-content/uploads/sites/54/2022/04/web1_For-Sale.jpgThe year 2021 saw 56,694 vehicles sold in Allen County, which was 2,741 more than 2020.
2021 Allen County car sales see improvement

By Jim Krumel

[email protected]

GET YOUR CAR FEATURED

The Lima News publishes photographs of vintage cars, 20 years or older, free of charge in Real Wheels. It is easy to get your car featured:

Mail: Real Wheels, Newsroom, The Lima News, 3515 Elida Road, Lima, OH 45807.

Email: [email protected]

Include: Photograph of your car; year of car, make and model; how many years you have owned the vehicle; car’s history; best memory of car; your name, address and telephone number (the phone number will not be published).

If you have further questions, contact The Lima News newsroom at 419-222-6397 between 9 a.m. and 5 p.m. weekdays.

ONLY ON LIMAOHIO.COM

Check out cars we’ve featured and discuss your memories on the Real Wheels page at LimaOhio.com/tag/realwheels.

Post navigation