Supply & Demand: Paying more than sticker price on a new car...

COVID knocked out car manufacturing worldwide. New cars, factory parts, after-market parts. Everything.
If you were lucky enough to 'get in line' for a new car, the wait (in the beginning) was months. Because of this, the value of used cars went up.

No secret here. It's supply & demand. Cars that are 3 years old selling for the same price as when they were new.

I don't 'need' a car, but I've been eyeing the market and shopping for a 'future car' as the one I currently own should easily last 10 years, I'm just considering something a little larger.

Visiting a dealer for a model I wanted to test drive, they only had one to demo. It's not for sale. They are taking orders on it that are approximately 6 to 8 weeks out depending on the color and options.

I asked the price and was told some 'strange code' like 6250. I asked what is a 6250 and the salesman mumbled something. Figuring where he was going, I clearly asked "Are you charging $6,250 over sticker price" his response was "It's negotiable"

An associate of mine sold cars and told me the hottest SUV right now is the KIA TELLURIDE at a sticker price of over $42,000.
Currently, there are bidding wars with people paying over $10,000 sticker just to get one!

I went to the KIA site to check availability, but I was unable to get information on this model. It's not found in inventory for all the local dealerships.

At some point, chips and cars will become available and the demand for new cars will diminish. Those inflated used-car prices will begin to level out too. That means (just like house buying) if you paid too much for a car now, in a few years your devalued used car price will be giving you sticker shock!