I just checked, not seeing those deals anymore. The base price went up quite a bit in the last couple of years.

These are the deals I used to see

 

I would 100% lease one at that price

 

I hear that!
$500 per month, hold me back, I might do another car payment after all. lol

 

Chip shortage was over a long time ago. Any current inventory shortage is on purpose by the manufacturer (to jack up pricing and profit) or a supply and demand issue (also a manufacture made problem to increase profit). There were no shortages of Camrys (the same exact model) before the chip shortage, so this is just greedy business decision making at this point, at the expense of the consumer. I doubt the scam will last longer, as the same tactic did not work before the chip shortage.

 

I don't think your argument holds water

 

Fizzboy has a point. Actually, it does hold at least some water. Toyota, for one, seems to be mum why they can supply their dealerships with most of their other models, but not with any significant number of Corolla Crosses. They blame the shortage on computer-chips, but that's B.S.......if there are enough chips to manufacture other Toyotas, then there is no reason they can't also be used for Corolla Crosses. Toyota dealers know this vehicle is a smash hit in the U.S, and if they can continue to force up prices by limiting the supply, they can make big profits on each one sold, and continue those profits in the future. So they just don't order many, to keep the supply artificlally low.

 

toyota seems to be having major issues supplying hybrids. i assume they have a battery supply issue.

 

I've seen a few videos of hybrid components being disassembled ... The inverter alone has 5-6 chips in it. I'm guessing a hybrid has double, or more, the chip count of a normal vehicle.

 

That's ludicrous. Do you know this for a fact? They have waiting lists for the popular models. Dealers do order them but they are not delivered for many reasons. I was told that Toyota will not produce a vehicle unless it has all the parts. They do not put partial builds in a field like Ford does. Also allotments to dealers effect a great deal of availability. My Lexus dealer had an allotment 2 hybrids a month when I bought my NX 6 months ago. How are the allotments determined? That is the question.

 

With GM dealers, allotments are allocated based on previous year sales. So dealers that have high sales get more allocations. If I'm not mistaken, most brands work the same way.

 

Yes, that's probably true in general, But Toyota has been only allocating RAV4 Primes to ZEV states. Hyundai is similar. GM doesn't sell any Hybrids.

 

That's a big assumption on them being mistaken, they wanted something different and Kia/Hyundai offered that. Some work remotely others drive a lot of miles none have come back to Toyota/Honda so far.

 

That's what I'm thinking too.
Hyundai's have no problem hitting 100k.

Not sure how long they go after that tho.

My Elentra I bought new went 70k miles in under 3 years with nothing but gas and oil.

My mom had over 100k miles on her Kia Sportage, flawless and reliable.

PS- I'm not a Hyundai fan and only bought the car for working outside sales when the company I worked for got cheap and took all of our company cars away.

And, the resale value was so bad after 3 years. I think I got less than 30% of what I paid for it when I trade it in- so I went back to buying used cars for cash after that.