Anybody in the market for a new (to them) car, either brand new or used, is going to experience some serious sticker shock over the next year. Auto company parts prices from suppliers are up 10% + on average over the past year and will keep rising if inflation does not drop rapidly. Increases on some parts like energy-intensive aluminum components are up even more and will be going higher, unless oil and gas prices drop dramatically from current levels. These increased parts prices, along with higher energy and people costs, pretty much ensure every auto manufacturer will raise prices by 8-10% + over the next year. This will pull used car prices up by a similar percentage.

Add in the losses many auto companies are making on their fledgling EV businesses and I will be surprised if the vehicle that is list priced at $50k now is not close to $60k in one year. Covid increased car prices substantially by disrupting the supply chain, now it is the turn of inflation to kick prices higher. Auto companies used to adjust (raise) prices every three months until about 5 or 6 years ago when low inflation made this unnecessary. I think we will be back to seeing quarterly price increases from most auto manufacturers for the forseeable future.