Started By
Message

re: Car pricing when is it going to end

Posted on 12/19/22 at 10:10 am to
Posted by jcaz
Laffy
Member since Aug 2014
15769 posts
Posted on 12/19/22 at 10:10 am to
Ok boomer.
Have you looked at dealers or online lately?
A new Nissan Sentra or Kia K5 will run you at least 30k. Need something bigger or a truck? Good luck getting it under 50k.
Posted by FredBear
Georgia
Member since Aug 2017
15053 posts
Posted on 12/19/22 at 10:12 am to
quote:

when people stop paying them



/thread
Posted by White Bear
Yonnygo
Member since Jul 2014
14073 posts
Posted on 12/19/22 at 10:23 am to
shite man, that $5k is only going to add $10/month. Surely you can swing that??? Or are you a broke dick????
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13936 posts
Posted on 12/19/22 at 10:27 am to
quote:

Have you looked at dealers or online lately? A new Nissan Sentra or Kia K5 will run you at least 30k. Need something bigger or a truck? Good luck getting it under 50k.

These prices have been run up so high because people are paying it. The simple solution is to stop paying these prices. Buy used.

Oh used vehicles are high too? Buy older used.
Posted by Sterling Archer
Austin
Member since Aug 2012
7343 posts
Posted on 12/19/22 at 10:28 am to
Bought a 2023 NX350 Hybrid for the wife over the weekend in Austin. No markup at all. We just had to wait 2 months for it
This post was edited on 12/19/22 at 10:29 am
Posted by notiger1997
Metairie
Member since May 2009
58292 posts
Posted on 12/19/22 at 10:29 am to
quote:

That's fine if the kid only drives it back in forth to the local high school.


Exactly. $5k isn’t getting anything I would feel safe sending my daughter back and forth to college in. This isn’t 1992 and they drive further than to McDonalds and the school three miles away these days
Posted by bird35
Georgia
Member since Sep 2012
12286 posts
Posted on 12/19/22 at 10:32 am to
I have had the drive it until the wheels fall off mentality for the last 25 years. When I sell my cars it is to a scrap yard for between 400 - 600 dollars.

I judge when it is time to get another car by the amount I’m paying to keep my old car running. But eventually, you get to the point where you are paying more on a yearly basis to repair a car then you would pay for a new car.

I have 3 kids with driver's licenses and I am looking to buy my 5th car. I have a old beater for the kids to drive in high school (started with a 18 year old Civic that got totaled and now have a 13 year old Altima).

When a kid graduates high school I need to give them something reliable for college. My daughters have to drive through Atlanta in route to college and I’m not giving them something I can’t trust.

I’m now in position of looking for my second daughter’s college car. I’m looking for a car about 3-5 years old with less than 50k miles and since this is going to be the last car I buy them and it has to last at least 5 years and stay reliable I’m looking for a Corolla.

I’m having a hard time finding a 3 to 4 year old Corolla with less than 50k miles for less than $20,000. Three years ago when I gave my oldest her car it was 12,000 dollars.

Many people buy cars out of vanity but more buy cars out of necessity.

Posted by sidewalkside
rent free in yo head
Member since Sep 2021
1730 posts
Posted on 12/19/22 at 10:36 am to
You are correct.
Posted by bird35
Georgia
Member since Sep 2012
12286 posts
Posted on 12/19/22 at 10:41 am to
I just looked at what 13,000 dollars will buy (without at least 2,000 in taxes and fees so really 15,000 total)

This will get you a 7-9 year old Ford, Hyundai, or Mazda with between 100k-130k miles.

How long do you think this 15 thousand dollar used car with 110k miles is going to last?????

Here is a link to my search from Car Max in Atlanta.

LINK
Posted by AlumneyeJ93
Member since Apr 2022
654 posts
Posted on 12/19/22 at 11:24 am to
quote:

quote:
The worst thing you can do for your son ,or daughter, is to buy them a new vehicle. You should buy them a used car/pickup that barely runs.


Great idea. Buy them something that could leave them stranded and put them in a dangerous, potentially life-threating, situation.


My dad bought my brother and I a used pickup truck in high school and that was my original mindset to buy my daughters a beater. After you think about the horrible scenarios of their car breaking, I sure as heck didn't want a 16 year girl stranded anywhere in this world because of a vehicle.

Their grandparents chipped in and we were able to buy new basic starter vehicles for each of them to get themselves to sports and jobs. And the job was a requirement.
This post was edited on 12/19/22 at 11:28 am
Posted by redstick13
Lower Saxony
Member since Feb 2007
38625 posts
Posted on 12/19/22 at 12:00 pm to
quote:

I just looked at what 13,000 dollars will buy (without at least 2,000 in taxes and fees so really 15,000 total)


That’s crazy. I bought a 4 year old Toyota Corolla with 30k miles in 2018 for $12,000. This was the S model with leather package.
Posted by Reubaltaich
A nation under duress
Member since Jun 2006
4974 posts
Posted on 12/19/22 at 7:03 pm to
quote:

IMO you should not be paying $40k for a vehicle unless you are pulling $160k+


The best rule for buying an automobile is the 20/4/10 principle:

*20% down payment
*4 year financed
*10% of monthly income

But as we all know, most don't follow this anywhere close.



Posted by jcaz
Laffy
Member since Aug 2014
15769 posts
Posted on 12/19/22 at 7:28 pm to
People need reliable cars and most need them now. Your argument is stupid.
Posted by notiger1997
Metairie
Member since May 2009
58292 posts
Posted on 12/19/22 at 7:35 pm to
quote:

or a truck? Good luck getting it under 50k.


Don’t be a drama queen
Posted by Revorising
Member since Jan 2013
497 posts
Posted on 12/19/22 at 8:25 pm to
And that is the correct answer….
first pageprev pagePage 5 of 5Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram