- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The average car is now 12.5 years old and the interest
Posted on 5/14/24 at 9:26 am to Geauxld Finger
Posted on 5/14/24 at 9:26 am to Geauxld Finger
quote:That's actually a really good deal. I can't find a decent sized truck with less than 150k miles for that price.
I’m about to buy a 9 year old truck for 10k. It’s got 90k miles but it’s in great shape.
0
Posted on 5/14/24 at 9:26 am to LNCHBOX
quote:
Pretty amazing under W, Obama, and Trump I was able to secure much better financing rates for new vehicles while at the same time having worse credit than I do now.
So when rates hit 17% under Reagan, was it also a representation of the administration?
Posted on 5/14/24 at 9:27 am to Norbert
quote:
When I was younger, I always thought if I worked my way into a strong salary I would buy a nice vehicle for myself.
Now I have zero interest in doing that. I make a good living and drive a paid off POS.
My wife has a 3 year old nice SUV
same.
could i go out and buy a new vehicle to match my peers at the office, sure.
do i want to, nah.
I love my paid off '09 Tacoma with 151k miles. near perfect condition. we keep wifey and the kids in a nice SUV and we travel in said SUV. my truck takes me to work. 8 miles round trip. doesn't need to be flashy or new.
Posted on 5/14/24 at 9:28 am to LNCHBOX
quote:yea it’s a pretty common refrain in just about every thread on the state of the economy/inflation/prices.
Have "we?"
Posted on 5/14/24 at 9:29 am to LSU1SLU
quote:
but what do we do to change it? Seriously I need help as much as the next
Honestly learning more self-sustaining skills.
Learn how to do basic maintenance on a vehicle. DIY your house projects and don’t pursue designs that are more for social status than functionality. Separate the idea of entertainment from food and drinks. Discover new hobbies, vacations, and activities that don’t require significant payments.
These are generic ideas to start with, but the way we fix it is by avoiding debt. I think one of the biggest drivers of inflation is the perpetual use of credit. People are buying $75k vehicles on 84 month loans, and the quality of those vehicles seems to be dwindling. People opt for a $4000 refrigerator that can play YouTube on its door and then find that the mediocre warranty timeframe didn’t help at all in guaranteeing longevity of the appliance.
Remove yourself from the debt culture and you’ll find the problem seems to “fix” itself.
Posted on 5/14/24 at 9:31 am to bleedsgarnet
Can we now kill the narrative that vehicles don’t last as long as they used to?
Today’s vehicles last longer than ever
Today’s vehicles last longer than ever
Posted on 5/14/24 at 9:36 am to StringedInstruments
quote:
the quality of those vehicles seems to be dwindling
quote:
The average car is now 12.5 years old
Posted on 5/14/24 at 9:42 am to bleedsgarnet
I'd love to find a clean mid-90's F250 with a 460 in it. My 2000 2V 5.4L F150 only has 82k on the clock so I will probably never have an actual reason to buy another truck.
Posted on 5/14/24 at 9:45 am to AwgustaDawg
quote:
I have been shopping colorados / canyons for nearly 4 years. Ain't found one yet that I would pay 75% of asking price for. Crazy resell value
But the dealership will look you square in the eye and offer you 50% value on trade in
Posted on 5/14/24 at 9:46 am to jclem11
quote:
jclem11
That would speak to the quality of vehicles from 2011/2012 and earlier.
This post was edited on 5/14/24 at 9:47 am
Posted on 5/14/24 at 9:47 am to StringedInstruments
All good advice. I paid off my truck last year. My wifes will be this year. We are trying. But everything cost so darn much. 6 years ago I was a new cop making 41k a year and wife made 11.50 at harley. We lived comfortably.
Now she makes over 100k and we cant afford anything anymore.
Now she makes over 100k and we cant afford anything anymore.
Posted on 5/14/24 at 9:48 am to LSUfan4444
quote:
So when rates hit 17% under Reagan, was it also a representation of the administration?
That was done with a specific purpose and if you remember the rest of the 80s, it worked out pretty well.
Posted on 5/14/24 at 9:50 am to StringedInstruments
quote:
That would speak to the quality of vehicles from 2011/2012 and earlier.
What evidence do you have that your average 2024 vehicle is lower quality than years past?
Or is it just feelings?
Posted on 5/14/24 at 9:51 am to AUFANATL
quote:
That was done with a specific purpose
And the higher rates today aren’t?
Posted on 5/14/24 at 9:55 am to JohnnyKilroy
Vehicles definitely last longer now than 80s-90s models. I think the jury is still out on all of the crap we put in recent models (auto start/stop, turbos etc) to meet fuel requirements.
Posted on 5/14/24 at 10:02 am to bleedsgarnet
2009 Mazda 6 6 cylinder-255,000 mi on it, still shitting and getting
Posted on 5/14/24 at 10:03 am to fallguy_1978
quote:
Vehicles definitely last longer now than 80s-90s models.
They last longer than early 2000s, 70s and 60s models too.
Turbos have been in vehicles for like 50+ years now with a big jump coming well over a decade ago.
Auto stop/start has also been around in a large percentage of vehicles for well over a decade.
Not to say these things never create an issue in vehicles, but it’s pretty much indisputable that they don’t create the reliability problems that many falsely assume.
This post was edited on 5/14/24 at 10:04 am
Posted on 5/14/24 at 10:03 am to AUFANATL
quote:
That was done with a specific purpose
Yeah, to combat inflation.
You're right. That's nothing like today. Today it's just because Biden Bad.
quote:It's almost like things are cyclical.
it worked out pretty well.
This post was edited on 5/14/24 at 10:05 am
Posted on 5/14/24 at 10:07 am to JohnnyKilroy
I drive the ultimate in BAW LUXURY. Lifted, Tuned, Built, DENALI (2009 Yukon with 205k and climbing)
Everytime I think about upgrading, a quick fb market search reminds me I don't want a giant note on a newer vehicle- which would still be 5-10 years old at this point. So I take that savings, purchase some Busch Lights, and put some gas in my 25 year old boat, and live the Baw life.
Everytime I think about upgrading, a quick fb market search reminds me I don't want a giant note on a newer vehicle- which would still be 5-10 years old at this point. So I take that savings, purchase some Busch Lights, and put some gas in my 25 year old boat, and live the Baw life.
Posted on 5/14/24 at 10:11 am to TFLEX
My truck is a 1997 and runs great
Page 4 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News