You may or may not have heard about the current chip shortage going on around the world and how it's currently affecting the automotive industry. Everything from your vehicle to your smartphone uses semiconductor chips. Currently, there's a shortage in the material to make these chips, and it's left the auto industry scrambling in production of vehicles. But what does this mean for you? If you're a prospective new or used car buyer, you won't have to worry, as we have a great selection of new Honda models and used vehicles for sale at Perfection Honda. It also benefits those that want to trade-in their vehicle, as trade-in values are higher than ever.

What is the Chip Shortage?

Where before, semiconductor chips were primarily used in electronics such as computers, phones, and vehicles, they're now used in more things than ever before, including your washer, dryer, and even toothbrush. Because of the demand for chips continues to rise, the supply is getting lower, which affects many different industries, and the automotive industry is no different. However, this doesn't mean that you won't be able to buy new cars, trucks, and SUVs. In fact, it could end up being beneficial for those that are interested in selling their vehicles here in Rio Rancho.

Are New Honda Models Affected?

No. While chips are becoming scarce for many industries, Honda vehicles are continuing production and available for purchase and lease near Albuquerque. We offer competitive prices and great deals on all our new Honda models and are happy to work with anyone around Rio Rancho, NM to drive the Honda model of their dreams. Shop a wide selection of new Honda cars, trucks, and SUVs every day, including popular models like the Civic, Accord, Accord Hybrid, CR-V, Odyssey, Pilot, Passport, Ridgeline, and others in our vast selection of new Honda vehicles. With trade-in values higher than ever, it's never been easier to trade-in your vehicle and use that value to purchase or lease a new Honda vehicle with us.

Get the Highest Trade-In Value for Your Vehicle Today

Whether you want to sell your vehicle or you want to trade it in and use its value towards buying or leasing your next vehicle, right now, you can get the highest trade-in value possible for any vehicle. We buy all vehicles, regardless of make and model, and make it easier than ever to find out what your vehicle is worth.

Use the Kelley Blue Book Instant Cash Offer Tool to Appraise Your Vehicle Today

If you want to find out how much your vehicle is worth at the dealership, we invite you to use our Kelley Blue Book Instant Cash Offer tool to value your trade-in today. The value your trade tool is quick and easy to use. Simply input your vehicle's VIN number or select which vehicle it is from a series of drop down menus. Once you fill out all the information, you'll receive an instant cash offer from Kelley Blue Book, using the most accurate and up to date information to appraise your vehicle.

Take the Cash or Use it to Purchase or Lease a Vehicle with Us

We honor all Kelley Blue Book Instant Cash Offers at the dealership, allowing you to either take the cash and be on your way, or use it to purchase or lease a new Honda vehicle or used vehicle. If you want to trade your vehicle in instead of sell it, you can use our payment calculator to input the value of your vehicle, select a financing term, and find out how much your dream vehicle will cost you each month in no time.

Contact Us with Any Questions Today

If you have any questions about trading in your vehicle or buying and leasing your next vehicle, we invite you to contact us online, over the phone, or visit us near Albuquerque today.