The pandemic has impacted multiple aspects of modern society, including the manufacturing and distribution of electronic components and automobiles. One major consequence has been widespread vehicle shortages in the auto industry. As a result, many driving enthusiasts are keeping their used foreign cars for the foreseeable future. If you're making a similar decision, it's more important than ever to maintain your vehicle in light of reduced inventories at dealerships. Here's a closer look at what has caused manufacturing difficulties and how you can keep your car going strong until production ramps back up.

Why Is There a Vehicle Shortage? 

Virtually all models of imported vehicles are built with advanced onboard computer systems. This feature connects all the components to identify issues and make drivers and their mechanics aware of problems sooner rather than later. The computer is also involved in operational elements, including the transmission, gas pedal, and navigation. Unfortunately, there's currently a worldwide shortage of the semiconductor computer chips required for these systems to operate.

There are only a few microchip manufacturers in the world, and the production process takes around three months. The pandemic caused many of the factories to close temporarily in 2020, putting them behind on orders. After getting back up and running, a fire at one factory pushed back production even further. 

Along with cars, semiconductor chips are vital to over 150 other industries, like manufacturers of electronics, industrial equipment and home appliances. Therefore, the auto industry is competing with everyone from smart phone companies to concrete equipment manufacturers for access to the incredibly limited supply of semiconductor chips. 

As a result, vehicle production is slow and has even halted for some brands. A surge in new car purchases in 2020 has also been a driving factor in vehicle shortages that have carried over into 2021 and may last well into next year. With new cars being in short supply, fewer people have been selling their old cars. This has created a shortage in the used car market as well, causing used car prices to escalate.

With no end in site of for the low availability of vehicles, more and more people are hanging onto their existing vehicles for the foreseeable future.

How Can You Make Your Vehicle Last As Long As Possible?

Since there's minimal access to new vehicles, it's important to keep your used foreign car in good shape. The key to sustaining a reliable vehicle is maintenance, as it helps the various systems run efficiently. Stick to a regular oil change schedule every 5,000 miles, and utilize an auto shop that offers multi-point inspections to catch issues before they become major problems. 

Like the engine, the transmission relies on lubrication to run optimally, so be sure to schedule a fluid replacement and transmission check every 30,000 miles or so. Additionally, check the manufacturer's recommendations for your particular model to identify other services needed and their frequency.  

Also, pay attention to the sounds your vehicle makes.  If you hear squeaking brakes, grinding or whining noises in the engine or other noises, get in and get them checked by a professional.  Typically, the longer you let things go, the more expensive the repairs become.  And don't ignore warning lights - you will save money (and your car) in the long run if you take care of repair needs as they happen.  

Following these tips will help you now and later.  Once the vehicle shortage is over, well-maintained vehicles will command a premium price, whether you trade it in or sell it on your own.

Keep your vehicle operating dependably through the rest of the vehicle shortage by relying on Foreign Exchange. The local business provides effective maintenance and luxury foreign auto repairs with high-end diagnostics performed by factory-trained, certified technicians at their Fairborn, West Chester, Clearcreek Township, Moraine, and Centerville, OH, locations. They also offer an impressive selection of used foreign cars for sale. Learn more about their service centers online, and call (937) 813-1231 to schedule an appointment in Centerville.