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re: Car Sales Are Slipping Into Recession-Level Decline

Posted on 6/13/19 at 2:50 pm to
Posted by East Coast Band
Member since Nov 2010
62867 posts
Posted on 6/13/19 at 2:50 pm to
quote:

It ain't helping them that cars last 4-5 times longer than they did 30 years ago.

I think you mean the loans, instead of the cars. Everyone
likes a new car, especially when you finsih paying off one. I think a lot of folks just don't feel right, unless they have a car payment. But when you now stretch out these car loans to 5, 6, 7 years, instead of the old standard 4 year car loans, you get what you get now.
Further, when more features have been required, like back up cameras, etc. the base costs will climb as well.
Posted by Jim Rockford
Member since May 2011
98305 posts
Posted on 6/13/19 at 2:58 pm to
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.
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