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Average car costs $31K, depreciates 15% every year, sits idle 95% of the time
Posted on 5/12/15 at 2:21 pm
Posted on 5/12/15 at 2:21 pm
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.
15
Posted on 5/12/15 at 2:22 pm to euphemus
You must be a bot.
Posted on 5/12/15 at 2:23 pm to euphemus
quote:
depreciates 15% every year,
Depreciation drops to near 0% if you maintain a speed of 150mph.
Posted 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?
Posted 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
Posted on 5/12/15 at 2:33 pm to euphemus
It's why I only buy used cars and write checks for them.
Posted 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.
Posted on 5/12/15 at 2:38 pm to euphemus
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 5/12/15 at 2:39 pm
Posted on 5/12/15 at 2:40 pm to euphemus
Well, capitalism was about to do its thing in '08 but the democrats had to pay back their lobbyist so now car prices will not adjust to the economy. Thanks dems.
This post was edited on 5/12/15 at 2:46 pm
Posted on 5/12/15 at 2:51 pm to euphemus
This is why I buy expensive cars and drive it all day. I make 15%.
This post was edited on 5/12/15 at 2:56 pm
Posted on 5/12/15 at 2:59 pm to euphemus
I will always have my own car. No way would I want to be reliant on others to get around. I will also always live in a neighborhood in a house.
Self-driving cars will eventually be a thing, but it will be over 100 years before it is anything like Minority Report.
Self-driving cars will eventually be a thing, but it will be over 100 years before it is anything like Minority Report.
Posted on 5/12/15 at 3:06 pm to euphemus
They may sit idle 95% of the time, but if I had to walk the 20k miles I drive every year I would be an unemployed guy with bad knees.
Posted on 5/12/15 at 4:07 pm to euphemus
When you are at the bar hoping to score with Sally Jane Rottencrotch and her friends and then inform them you don't even own a car and rely on services like uber--enjoy the fap.
...hotties like success and security, not some pinhead who needs to use an app every time he needs to be mobile.
...hotties like success and security, not some pinhead who needs to use an app every time he needs to be mobile.
Posted on 5/12/15 at 4:19 pm to euphemus
quote:
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.
Cars have mileage and use limitations on them and drive their value. There isn't much difference in value between a 2014 with 75k miles on it right now and a 2014 with 75k miles on it in 2017.
This post was edited on 5/12/15 at 4:20 pm
Posted on 5/12/15 at 4:22 pm to euphemus
quote:
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.
Auto driving cars are the future. People will not own them, they'll use an app to schedule their arrivals.
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