Anecdata - We had to buy a car last year to replace our old, but failing car. This matches the experience we had. We were ok with used, so that’s what we ended up with. If you’re on a tight budget, that’s where you’ll end up. From what we read and from what dealers said at the time, car manufacturers hadn’t recovered from COVID supply chain issues. And that is why there were so few small cars. We just accepted that as reality, but parent comment’s explanation would also make sense.