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Started By
Message
re: Car Sales Are Slipping Into Recession-Level Decline
Posted on 6/13/19 at 2:56 pm to Obtuse1
Posted on 6/13/19 at 2:56 pm to Obtuse1
quote:
It ain't helping them that cars last 4-5 times longer than they did 30 years ago.
This is a small factor, but many car makers have been making long lasting cars since the 80's. It's just taken American manufacturers that long to catch up, but they've mostly been caught up since the early 00's. I've had 2 Fords go well over 200k miles, which would have been unheard of in the 80's.
1
Posted on 6/13/19 at 2:56 pm to Codythetiger
quote:
I'm about to drop 30 grand in cash on a car at the end of this year... I've been waiting for the 19 models to phase out so I can get a sweet deal
Why? Interest rates are already low and about to be lower. You can probably get 0% financing at the end of the year. .99% at worst.
Posted on 6/13/19 at 2:56 pm to 19
quote:
Auto market is like 20 yrs over due for a correction.
shite is retarded.
Auto or Higher Education. Which will correct first? I think Higher Education.
Posted on 6/13/19 at 2:56 pm to The Pirate King
quote:
Ford has gotten stupid with their truck prices.
Compared to who?
Posted on 6/13/19 at 2:57 pm to The Pirate King
I know it. Gave my 2007 f150 to my brother as a farm truck, cuz I would've lost my arse trading it in.
frick dem.
frick dem.
Posted on 6/13/19 at 2:57 pm to LNCHBOX
quote:
Compared to who?
To whom
Posted on 6/13/19 at 2:57 pm to 19
quote:
Gave my 2007 f150 to my brother as a farm truck, cuz I would've lost my arse trading it in.
You may want to check your math.
Posted on 6/13/19 at 2:58 pm to East Coast Band
quote:
Further, when more features have been required, like back up cameras, etc. the base costs will climb as well.
Instead of a rear view mirror, my dad's new Silverado has a video screen. It's cool and all, but an improvement? Nah.
Posted on 6/13/19 at 2:59 pm to CarolinaGamecock99
For me personally, this would be because of how long lasting vehicles are now. I bought a 4Runner new in January of '07 (watched Saban's press conference about going to Bama in the dealership) and drove it for 11 years and 250,000 miles. I bought another 4Runner new in December '17, and I joke to my wife that I plan on it being our 2 year old's first car in 14 years.
Posted on 6/13/19 at 3:00 pm to LNCHBOX
Well some of the higher end models were up there, i'm not saying all trucks are 55k but I couldn't find many decent ones under 33k (stick price of course, not a quoted rate) that I was interested in. I am looking for something newer though... I have an 06 impala now that i paid off probably 10 years ago. $37 a month in insurance is pretty nice 
Time for a new ride and I really like that forester sport I posted a pic of but damn man, that little 4 banger engine and it's not even leather on the inside... I'd pay 24k tops for it and they better through in a trailer hitch
Time for a new ride and I really like that forester sport I posted a pic of but damn man, that little 4 banger engine and it's not even leather on the inside... I'd pay 24k tops for it and they better through in a trailer hitch
Posted on 6/13/19 at 3:00 pm to Mingo Was His NameO
quote:
Why? Interest rates are already low and about to be lower. You can probably get 0% financing at the end of the year. .99% at worst.
There is nothing wrong with having no debt on a depreciating asset that also has regular expenses like maintenance.
We all know you can invest and get a better return and you are not wrong but consider that there are many ways to get ahead money-wise and everyone's psychology is different.
Posted on 6/13/19 at 3:00 pm to LNCHBOX
quote:
Compared to who?
Chevy. I just did a lot of research as I was considering buying one. Fords were generally 3-5k more expensive than a Chevy. I would never buy a Dodge, but higher than them as well.
Posted on 6/13/19 at 3:02 pm to The Pirate King
quote:
Fords were generally 3-5k more expensive than a Chevy
Which models specifically? I'd imagine you aren't comparing equal levels of equipment.
Posted on 6/13/19 at 3:03 pm to The Pirate King
That old Triton v-8 is a work horse. Just a great engine.
Had 340k when I handed him the keys.
Sucks they replaced it.
Ecoboost my cock, Henry.
Had 340k when I handed him the keys.
Sucks they replaced it.
Ecoboost my cock, Henry.
Posted on 6/13/19 at 3:04 pm to Mingo Was His NameO
quote:
Why? Interest rates are already low and about to be lower. You can probably get 0% financing at the end of the year. .99% at worst.
I've heard this explained out to me as well... but I don't understand the concept of it's "okay to have debt"
If I have the money and I'm currently in a place where I can afford a lump sum payment, why not just pay it off in full and be done with it?
This isn't meant as an insult question, I'm genuinely clueless why I shouldn't just pay off a vehicle i owe money on?
Posted on 6/13/19 at 3:04 pm to LNCHBOX
quote:
Which models specifically? I'd imagine you aren't comparing equal levels of equipment.
I just priced on KBB a Ford XLT SuperCrew with no additional options added and a Silverado LT Supercrew with none. The Chevy was $40,892 and the F150 was $37836
Posted on 6/13/19 at 3:04 pm to CarolinaGamecock99
That headline is pretty misleading. Sales are relatively flat in the US, but they are flat at historically record high levels.
Posted on 6/13/19 at 3:04 pm to LNCHBOX
quote:
Which models specifically? I'd imagine you aren't comparing equal levels of equipment.
They make it pretty hard to compare exactly. They come standard with different things and packages are different. But, I found the same thing. I found Ford to be more expensive so we went with GMC last time we bought.
Posted on 6/13/19 at 3:04 pm to CarolinaGamecock99
Im going to drive 08 until one of two things happens:
1) prices drop
or
2) wheels fall off
1) prices drop
or
2) wheels fall off
Posted on 6/13/19 at 3:05 pm to Areddishfish
quote:
people are hanging onto perfectly functioning cars for 10+ years
quote:
making cars much better than say the 80s and 90s
This coupled with advancements made in petroleum products.
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