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re: Why are used cars so expensive?

Posted on 3/25/19 at 8:10 pm to
Posted by Winston Cup
Dallas Cowboys Fan
Member since May 2016
66985 posts
Posted on 3/25/19 at 8:10 pm to
quote:

She has my old car

Sounds like the solution to your problem is easier than you think. I will be waiting for the “why are new cars so expensive” follow up thread
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 3/25/19 at 8:12 pm to
quote:

You can still find lots of new trucks for under $40,000 that are great. Don’t be such a drama queen



Yup. 30k for a new super crew f150 last year. It doesnt have leather or a sunroof, but it works for me and I realized I can get by without that stuff. I make a decent living, but couldn't justify playing into the insane cost structure.
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 3/25/19 at 8:13 pm to
In 2016 i paid 8500 for a 2015 hyundai accent with 30k miles. It was a rental prior. Gets almost 37mpg.

Still runs great.
Posted by Cycledude
Member since Jul 2018
2394 posts
Posted on 3/25/19 at 8:13 pm to
I’ve had good luck with used ford focuses. I’ve bought 2 used ones for my kids and they have held up well. The prices on them is pretty decent.
Posted by Zap Rowsdower
MissLou, La
Member since Sep 2010
16503 posts
Posted on 3/25/19 at 8:15 pm to
It probably belonged to Jon Voight
Posted by chryso
Baton Rouge
Member since Jul 2008
13961 posts
Posted on 3/25/19 at 8:15 pm to
I just had a transmission repaired at CAPS on Florida in Baton Rouge.
Posted by TheAnvil
Member since Feb 2019
278 posts
Posted on 3/25/19 at 8:16 pm to
quote:

couldn't justify playing into the insane cost structure.


so you...
quote:

30k for a new super crew f150 last year


Posted by 777Tiger
Member since Mar 2011
93541 posts
Posted on 3/25/19 at 8:17 pm to
quote:

30k for a new super crew f150 last year


dirt cheap
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 3/25/19 at 8:20 pm to
When a lariat costs 50k, that's cheap. It's pretty much as cheap as you can go for a suoercrew without being a "work truck".

And in OT baller fashion , I definitely could swing the nicer truck. I was coming from a year old Lexus totalled in an accident. I just didnt see the value paying the same for a ford as I did a Lexus.
This post was edited on 3/25/19 at 8:22 pm
Posted by OWLFAN86
Erotic Novelist
Member since Jun 2004
197913 posts
Posted on 3/25/19 at 8:25 pm to
quote:

Why are used cars so expensive?
obama
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 3/25/19 at 8:25 pm to


You can get the transmission replaced. Then she has a car.
Fix any little stuff.
Get the AC charged.
Get it detailed.

Happy girl.

Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 3/25/19 at 8:26 pm to
quote:

2016 i paid 8500 for a 2015 hyundai accent with 30k miles. It was a rental prior. Gets almost 37mpg. 

Still runs great.


Enterprise website.
If you do not like it you can return within 7 days. Cost $200.
This post was edited on 3/25/19 at 8:28 pm
Posted by kingbob
Sorrento, LA
Member since Nov 2010
71131 posts
Posted on 3/25/19 at 8:36 pm to
2 events combined to really reduce supply, thus spiking prices on the used car markets:
Obama’s Cash for Clunkers program and the Houston Flood. Cash for Clunkers resulted in taking so many aging vehicles out of the U.S. market that it irreparably changed the supply and demand for used cars, causing prices to essentially go up (and stay up) for used cars indefinitely. It could be decades before there’s enough used car stock again for proces to be what they were relative to new cars again.

The flood damaged just an unheard of number of vehicles, so people looking to buy around the Gulf South face higher prices due to there being less supply.
Posted by SnoopALoop
Nashville
Member since Apr 2014
4542 posts
Posted on 3/25/19 at 8:37 pm to
Head over to Don Davis Nissan. Bro in law is a finance manager there and I bet he could get you hooked up easily.
Posted by FightinTigersDammit
Louisiana North
Member since Mar 2006
46425 posts
Posted on 3/25/19 at 8:39 pm to
quote:

People believe if they are buying from a reputable dealer, that such things won't happen to them. Now, that may or may not be actual, but it's the reason.


I'd rather deal with an amateur liar like myself, than with a professional liar like an automobile dealer.
Posted by deltaland
Member since Mar 2011
103799 posts
Posted on 3/25/19 at 8:55 pm to
quote:

expensive



quote:

$7k range



Posted by deltaland
Member since Mar 2011
103799 posts
Posted on 3/25/19 at 8:59 pm to
quote:

Was hoping to stay and the $5k price point.


Just get the transmission fixed for about 2k.

The CVTs are complete shite
Posted by udtiger
Over your left shoulder
Member since Nov 2006
117061 posts
Posted on 3/25/19 at 8:59 pm to
Cash for clunkers
Posted by deltaland
Member since Mar 2011
103799 posts
Posted on 3/25/19 at 9:02 pm to
quote:

Cash for Clunkers" Obama program gave 8000 bucks for any old car regardless of its actual value, drying up the affordable used car market.



Also destroyed a ton of classic cars that could have been restored.

I do wish I had the money then to buy old used cars up for 500 bucks and sell them for 8k but I was broke in college at the time
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79742 posts
Posted on 3/25/19 at 9:03 pm to
That shite was 10 years ago. Everyone needs to quit blaming cash for clunkers. It's called inflation, just what a car cost now.

I don't think you could trade in limitless cars either. Had to buy a new car as well I thought. And apparently had to own and have insured the car for the pervious 12 months.
This post was edited on 3/25/19 at 9:11 pm
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