We have TWO groups here:Customers who delayed making a car purchase because of the pandemic are now shopping for a new car All the people who decided that public transportation is dangerous for health reasons and never thought to buy a car before the pandemic have now changed their mind
Again, we have 2 reasons here that are a consequence of prior reasons:
Rental companies are not turning over their inventory as predictable as they were before COVID.
The short supply of new cars reduces the number of trade-ins.
STIMULUS money and TAX refund money available to spend and put down a considerable amount of money. Low Interest Rates for Car Shoppers