What are gas prices going to do to car prices?

New car prices have shot up because of shortages and supply line problems during the pandemic. Used car prices have increased because fewer people could afford new cars.

Now gas prices are rising because of Russia’s war on Ukraine.

Will people back off buying cars because of that, or will they be more inclined to go for new cars with good fuel efficiency?

Or something else?

 
It really bugs me when my topic tags get changed automatically from correct to incorrect. Capital G on gas, and no cap on Ukraine? That’s not how I wrote them.