Naperville will reap a windfall in taxes from car and truck sales in 2021 despite fewer vehicles being purchased.
A line of used cars is available for purchase at the Mazda dealership in Naperville. Consumers can expect to pay higher prices for both new and used cars because the new vehicle stock is limited and fewer people are trading in their old cars.
Higher prices may be tough for buyers but they’re are good news for municipalities around the state, Sloan said. Car dealership lots around Naperville, like this one at Toyota, have plenty of parking because of vehicle shortages caused by supply chain issues. The lack of vehicles means dealers can charge more for those they do have in stock.
Even before stepping foot into the dealership, Naperville resident Sue McGuire said she knew she’d have to pay MSRP.
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