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re: The average car is now 12.5 years old and the interest
Posted on 5/14/24 at 8:34 am to bleedsgarnet
Posted on 5/14/24 at 8:34 am to bleedsgarnet
15 years here. 2009 GMC Sierra Z71 1500. 215,000 miles
Posted on 5/14/24 at 8:34 am to bleedsgarnet
I always buy used and never have paid more than $30K. For me it’s just a way to get from point A to point B.
Posted on 5/14/24 at 8:34 am to cgrand
quote:
every time I start to doubt my plan, I remember that I’m debt free and can retire before 60. Regardless of whether I am “rich”, I call that a win
Same… I often feel I’m behind the curve and haven’t done everything I could to be comfortable in retirement… then I realize most don’t have a pot to piss in and zero plan for the future, so maybe I’m not screwing up.
This post was edited on 5/14/24 at 8:35 am
Posted on 5/14/24 at 8:36 am to bleedsgarnet
There’s no need to own anything. Having a vehicle (let alone food and shelter) is a privilege, not a right. Privilege allotments will be distributed by the leader. Have you been loyal?
Posted on 5/14/24 at 8:38 am to Auburn80
quote:
I always buy used and never have paid more than $30K. For me it’s just a way to get from point A to point B.
I haven't always bought used, but I've never spent more than 35k on a vehicle. Looks like I'll only buy used moving forward though
Posted on 5/14/24 at 8:38 am to bleedsgarnet
I was thinking about buying a new vehicle in next year or so since mine is now over 150k miles.
Unless the market changes, I’ve changed my mind to just keep driving it & see if I can hit 250k. Def won’t be buying brand new whenever I do
Unless the market changes, I’ve changed my mind to just keep driving it & see if I can hit 250k. Def won’t be buying brand new whenever I do
Posted on 5/14/24 at 8:39 am to Tigeralum2008
quote:
Toyota’s quality has certainly helped as their products are still on wait lists
I drive a 2013 Tundra and have no plans to get rid of it anytime soon.
Posted on 5/14/24 at 8:43 am to Tigeralum2008
quote:
Toyota’s quality has certainly helped as their products are still on wait lists
Artificially. They just wait for people to come in and order one and then say well the demand is high so there's a $2k market adjustment. Dealer doesn't have to stock as many vehicles and gets more money, Pretty solid scam.
Posted on 5/14/24 at 8:50 am to bleedsgarnet
quote:
Rate is over 8%...also cars are 20% higher than just 4 years ago.
Hmmmm. I wonder who messed everything up?!
Posted on 5/14/24 at 8:52 am to bleedsgarnet
quote:
Dealerships aren't selling as many/prices are increasing.
Low rate incentives are starting to be a thing again though
Posted on 5/14/24 at 8:53 am to Geauxld Finger
quote:regular cab ford ranger?
I’m about to buy a 9 year old truck for 10k.
Posted on 5/14/24 at 8:53 am to bleedsgarnet
quote:
The average car is now 12.5 years old
But the OT seems to think everyone is driving brand new cars.
Posted on 5/14/24 at 8:56 am to Geauxld Finger
I drive a 2015 Tacoma with just over 143k miles on it. I’ve never had any significant issues with it, just normal stuff like replacing the battery, brakes and tires. I hope to get at least another 100k out of it. I like the idea of a new truck sometimes, but it’s just not worth it while mine still runs fine and meets my needs. Not having a truck payment is nice, too.
This post was edited on 5/14/24 at 8:58 am
Posted on 5/14/24 at 8:57 am to Tider13
quote:
quote:
buy a 9 year old truck for 10k
bullshite. No you aren't.
Also with 90k on it. That is a unicorn....
Posted on 5/14/24 at 8:59 am to Kingpenm3
quote:
Anyone shopped for a small truck lately? Chevrolet Colorado's are $40k!! And then they keep their value like crazy. No real deals on used ones unless they are packed with miles. If someone could go back and tell the teenager me that it would take $40k to buy an S10 I would never believe it.
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
Posted on 5/14/24 at 8:59 am to Revelator
quote:
Hmmmm. I wonder who messed everything up?!
Dude, this is a generational issue not just an administration problem
Posted on 5/14/24 at 9:02 am to bleedsgarnet
If you have a reliable car, keep it going. Invest in new tires, windshield, and getting it checked over by a mechanic. Even replacing major components like HVAC or transmissions might be worth the effort over buying a newer vehicle.
The new cars out there are, frankly, not as reliable and far more expensive to purchase and keep running. Manufacturers have switched to 8 and 10 speed transmissions, hybrid systems, and smaller displacement turbo motors to meet emissions and MPG targets enforced by our lovely federal government.
Even brands like Toyota have totally shite the bed on some of their newer products like the Tundra, Sequioa, and Lexus LX having shockingly common issues that require engine rebuilds and replacements. And this is with new products that costs substantially more than the more reliable designs they replaced.
The new cars out there are, frankly, not as reliable and far more expensive to purchase and keep running. Manufacturers have switched to 8 and 10 speed transmissions, hybrid systems, and smaller displacement turbo motors to meet emissions and MPG targets enforced by our lovely federal government.
Even brands like Toyota have totally shite the bed on some of their newer products like the Tundra, Sequioa, and Lexus LX having shockingly common issues that require engine rebuilds and replacements. And this is with new products that costs substantially more than the more reliable designs they replaced.
Posted on 5/14/24 at 9:04 am to bleedsgarnet
quote:
The average car is now 12.5 years old
Oh man, the OT told me everyone is keeping up with the jones and bought new cars every 3 years. Are you telling that was a bunch of made up bullshite???
Posted on 5/14/24 at 9:06 am to Kingpenm3
I found a W/T FOR $35k lol
Posted on 5/14/24 at 9:06 am to JohnnyKilroy
I think "Keeping Up with the Jones" is a real thing but has definitely also become a cope for people who are jealous that they can't have nice things (I drive a car worth maybe $10,000 and rent a townhouse before people get mad)
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