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Posted by
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Average car costs $31K, depreciates 15% every year, sits idle 95% of the time
Posted by euphemus on 5/12/15 at 2:21 pm195
Talk about an industry that is ripe for disruption. I think driver-less cars and companies such as Uber and Lyft will change the face of the automotive industry for ever, especially in the urban areas, in the next decade.
re: Average car costs $31K, depreciates 15% every year, sits idle 95% of the timePosted by LSUTigerBait07 on 5/12/15 at 2:23 pm to VetteGuy
Someone just finished watching hottub time machine 2
re: Average car costs $31K, depreciates 15% every year, sits idle 95% of the timePosted by Hermit Crab on 5/12/15 at 2:26 pm to euphemus
quote:
companies such as Uber and Lyft will change the face of the automotive industry for ever,
other than an easy to use app, these companies do nothing that taxi companies haven't done for the last 60 years. what are they going to do to change the world?
re: Average car costs $31K, depreciates 15% every year, sits idle 95% of the timePosted by LNCHBOX on 5/12/15 at 2:26 pm to Hermit Crab
quote:
other than an easy to use app, these companies do nothing that taxi companies haven't done for the last 60 years. what are they going to do to change the world?
Obvious troll is obvious.
re: Average car costs $31K, depreciates 15% every year, sits idle 95% of the timePosted by TheCaterpillar on 5/12/15 at 2:28 pm to Hermit Crab
quote:
other than an easy to use app, these companies do nothing that taxi companies haven't done for the last 60 years. what are they going to do to change the world?
Personal cars is a pretty big difference.
And its cheaper, more reliable, and easier to use.
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re: Average car costs $31K, depreciates 15% every year, sits idle 95% of the timePosted by blue_morrison on 5/12/15 at 2:31 pm to euphemus
I paid 195k for my baller ride and u wanna fite me irl bro? I'll even drive to your trailer bro
re: Average car costs $31K, depreciates 15% every year, sits idle 95% of the timePosted by TigerBait1127 on 5/12/15 at 2:32 pm to Hermit Crab
quote:
other than an easy to use app, these companies do nothing that taxi companies haven't done for the last 60 years. what are they going to do to change the world?
We decided to get rid of our 2nd car in Houston because of Uber. My wife would not be okay with taking taxis instead. Uber is a good experience and she feels safe
re: Average car costs $31K, depreciates 15% every year, sits idle 95% of the timePosted by goldennugget on 5/12/15 at 2:33 pm to euphemus
It's why I only buy used cars and write checks for them.
re: Average car costs $31K, depreciates 15% every year, sits idle 95% of the timePosted by goatman1419 on 5/12/15 at 2:35 pm to TigerBait1127
quote:
. Uber is a good experience and she feels safe
Guess she overlooks the raping and kidnappings then huh???
re: Average car costs $31K, depreciates 15% every year, sits idle 95% of the timePosted by gatorrocks on 5/12/15 at 2:35 pm to euphemus
Easy to solve.
Don't buy new. Save car payment in savings. Pay cash for new car every five years.
Heck the car I have now (2008 Maxima) will be driven into the ground.
I'll have quite a bit saved for another when it dies.
Don't buy new. Save car payment in savings. Pay cash for new car every five years.
Heck the car I have now (2008 Maxima) will be driven into the ground.
I'll have quite a bit saved for another when it dies.
re: Average car costs $31K, depreciates 15% every year, sits idle 95% of the timePosted by TigerBait1127 on 5/12/15 at 2:36 pm to goatman1419
quote:
Guess she overlooks the raping and kidnappings then huh???
No, she just understands statistics and risk management
quote:
goatman1419
Ahhh
This post was edited on 5/12 at 2:36 pm
in the future people will most likely not need to own a car. once driverless cars are the norm you will be able to schedule cars to come pick you up for everything from your commute to work to long road trips.
This is going to happen in the next 20years. Bank on it.
This is going to happen in the next 20years. Bank on it.
This post was edited on 5/12 at 2:39 pm
re: Average car costs $31K, depreciates 15% every year, sits idle 95% of the timePosted by TigerBait1127 on 5/12/15 at 2:38 pm to gatorrocks
quote:
Easy to solve.
Don't buy new. Save car payment in savings. Pay cash for new car every five years.
Heck the car I have now (2008 Maxima) will be driven into the ground.
I'll have quite a bit saved for another when it dies.
Not necessarily better than financing depending on the rate. That money isn't doing much for you
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