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Message
re: Car Sales Are Slipping Into Recession-Level Decline
Posted on 6/13/19 at 2:47 pm to CarolinaGamecock99
Posted on 6/13/19 at 2:47 pm to CarolinaGamecock99
quote:
Car Sales Are Slipping Into Recession-Level Decline
They semi screwed up by making cars much better than say the 80s and 90s. With the rising costs of vehicles and their guaranteed fast depreciation, people are hanging onto perfectly functioning cars for 10+ years.
4
Posted on 6/13/19 at 2:55 pm to Areddishfish
quote:
With the rising costs of vehicles and their guaranteed fast depreciation, people are hanging onto perfectly functioning cars for 10+ years.
This is us. I own two vehicles. One is nearly 20 years old and the other is over ten years old. Nothing wrong with either. Until repair cost and reliability become an issue I am not getting a new vehicle.
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.
Posted on 6/13/19 at 3:27 pm to Areddishfish
quote:
They semi screwed up by making cars much better than say the 80s and 90s. With the rising costs of vehicles and their guaranteed fast depreciation, people are hanging onto perfectly functioning cars for
bought a 2010 model at the end of jan 2010 and finally thinking i might get a new one end of this year first of next.
Posted on 6/13/19 at 8:24 pm to Areddishfish
quote:this. It is easy to get 150k on a vehicle with minimal maint.
They semi screwed up by making cars much better than say the 80s and 90s
100k used to be a fluke.
A truck or car has a very long life now
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