The chip shortage that's driving up the prices for new cars could also help you get more for your trade-in.
Carfax says used car prices are about 20% higher than they were this time last year with used trucks currently about 30% higher.
The higher trade-in values are nice but if you want to use that money to buy a new vehicle you could still end up paying more than you thought because of supply problems, according to Carfax
