Looked to replace our existing car with new or used.
New, the dealers were charging 20-35% over MSRP. And they flat out stated that is what they were doing.
In discussion, the salesman said they were selling so few cars, they needed to meet the profits required to keep the doors open.
And BTW, all but one dealer was doing it and all within the range.
As for used, they were charging the equivalent of new MSRP for used, non-certified, 50K mile cars. If you wanted to cert, pay $2000 (depending on extent of coverage bumper to bumper vs drive train)
We did not buy either. Our old 135K mile car is getting a $2500 transmission. So between the trans and the new tires, I will have invested appx $4000 in a $2800 SUV this year.
You do what you have to do.
I am happy we did not total the car, that would have been a problem and we would have had no choice. I suspect that is the only car buyers at this point. But who knows?