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re: Are there that many people who are really buying cars/trucks/SUVs that cost $100K?

Posted on 3/27/22 at 9:21 am to
Posted by jrodLSUke
Premium
Member since Jan 2011
26351 posts
Posted on 3/27/22 at 9:21 am to
quote:

Spending 100k on slightly used Carrera

Agreed, but for different reasons. Fun to drive and a luxury cockpit to drive from. Badass for track days. And value will hold up nicely for resale.
Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
11631 posts
Posted on 3/27/22 at 9:25 am to
My old Honda Accord was the best vehicle I may ever own. Sold it with 225K miles and it still ran like a top. Think I paid around $25K for it.

And can guarantee it was a higher quality vehicle than a 22 model Jeep Grand at 4x the price.
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5669 posts
Posted on 3/27/22 at 9:32 am to
quote:

Where are they selling 2017 vehicles 50% off?


No kidding. I’ve been pricing vehicles recently and 2022 cars are actually cheaper or equal than slightly used 2019-2021
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
20127 posts
Posted on 3/27/22 at 9:33 am to
If I was going to drop $100k on a Wagoneer it would be to one of those 3rd parties that do a total overhaul and refurb on the classic models. Some guys are doing Gods work out there.
Posted by DomincDecoco
RIP Ronnie fights Thoth’s loafers
Member since Oct 2018
11941 posts
Posted on 3/27/22 at 9:36 am to
Saw a kid getting out of one at Leonardos in Mandeville last night

couldnt have been 30 years old...wantwd to stop and try and talk some sense into him
Posted by Dominate308
South Florida
Member since Jan 2013
2895 posts
Posted on 3/27/22 at 9:44 am to
Why do people constantly drive through wealthy neighborhoods to look at houses, they know they’ll never afford? The residents look at their Dodge Chargers and Challengers and laugh at them.
Posted by GeauxTigers0107
We Coming
Member since Oct 2009
11004 posts
Posted on 3/27/22 at 9:45 am to
I've been wanting a new truck for a few years now and can easily afford one but there is zero chance I give in to those prices if for no other reason than principle. We just upped our investment contributions as opposed to dumping that money into a $1000 a month note.
Posted by Dominate308
South Florida
Member since Jan 2013
2895 posts
Posted on 3/27/22 at 9:50 am to
People honestly think they can still go to a car dealership and buy a car? That’s not the way it works anymore. You go get on a list to be on another list. You are looking at at least 6-8 months before you drive off the lot in your new car that you just paid $2000 over MSRP.
Posted by Bulletproof Lover
Baton Rouge
Member since Sep 2008
1900 posts
Posted on 3/27/22 at 9:52 am to
If you are driving a 2022, you ordered it before Halloween in 2021.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
45988 posts
Posted on 3/27/22 at 9:54 am to
I bought a model s. Paid roughly $80k. It's worth it because I drive a ton so I save $200-400/month in gas and I write off the miles.
Posted by Dragula
Laguna Seca
Member since Jun 2020
6819 posts
Posted on 3/27/22 at 10:01 am to
Yes, those with the ability to spend $100k+ on a vehicle are still doing so...
Posted by Spasweezy
Unfortunately, Louisiana
Member since Jan 2014
7253 posts
Posted on 3/27/22 at 10:01 am to
I mean yes you can write them off, but even a 100k dollar vehicle is probably a dumb idea in most business settings with tax implications. Reinvestment in the business and its assets that generate revenue is the smarter play here.
Posted by Dominate308
South Florida
Member since Jan 2013
2895 posts
Posted on 3/27/22 at 10:22 am to
For every &50,000 of vehicle cost, they are increasing $800, every four months on average. If you order a vehicle, you are not locked in on price until it arrives. There is talk that the price increases will accelerate.
Posted by The Goon
Baton Rouge, LA
Member since Nov 2008
1340 posts
Posted on 3/27/22 at 10:30 am to
I’ve only seen one. It looked like the family rented for the weekend for a Gonzales parade.
Posted by davyjones
NELA
Member since Feb 2019
36756 posts
Posted on 3/27/22 at 10:39 am to
They hold it out there like they just dropping fat stacks on the salesperson’s desk, because that’s how they roll, pay cash up front like a boss. But really they leasing.
Posted by Yewkindewit
Near Birmingham, Alabama
Member since Apr 2012
21868 posts
Posted on 3/27/22 at 10:45 am to
Lots of new ones on the road, so I’d say people are buying them. They may have 8 -10 yr notes. I don’t know so I’m just babbling.
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 3/27/22 at 12:02 pm to
quote:

Well unless they start making them cheaper a lot more people will be paying 100k for vehicles in the next few years.


the smart ones wont

people are starting to wake up to the idea they can have a frame off fully restored car or truck built today with new 2022 suspension comfort and ride and new crate engine and tranny, with all new everything, and be out the door all in for $40k

hell if you want instant gratification then go to an auction where you can buy one ready to drive off for $30k-$40k
This post was edited on 3/27/22 at 12:03 pm
Posted by Rize
Spring Texas
Member since Sep 2011
19391 posts
Posted on 3/27/22 at 12:04 pm to
quote:

the smart ones wont people are starting to wake up to the idea they can have a frame off fully restored car or truck built today with new 2022 suspension comfort and ride and new crate engine and tranny, with all new everything, and be out the door all in for $40k hell if you want instant gratification then go to an auction where you can buy one ready to drive off for $30k-$40k


shite the one’s I see are 100k up to 250k.
Posted by LSUandAU
Key West, FL & Malibu (L.A.), CA
Member since Apr 2009
5164 posts
Posted on 3/27/22 at 12:06 pm to
Just one of my ex-wives.
Posted by bopper50
Sugarland Texas
Member since Mar 2009
10094 posts
Posted on 3/27/22 at 12:09 pm to
If they are paying a 100k they are car stupid.

But I guess it's all relative to their income.
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