- September 29, 2021
- Posted by: Stratford Team
- Category: Business
NORWOOD (CBS) – Pulling up to Norwood Gulf, itâs easy to see business is booming. Customersâ cars are parked all over, and this auto repair shop sees no break in sight.
âItâs crazy. The phone goes off nonstop. Itâs good for us! We like it. But for everyone else – itâs not good,â said William Ajjouri.
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Whatâs not good is that ongoing worldwide microchip shortage; trickle down impacts of the pandemic majorly driving up the cost of new and used cars.
According to recent Kelley Blue Book research, 80 percent of new car shoppers say they plan to wait it out – for at least three months, others for up to a year. That means a whole lot of drivers sticking with what they have.
And for Will, that means seeing his regulars – even more frequently.
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