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re: Why are used cars so expensive?
Posted on 3/25/19 at 9:13 pm to fightin tigers
Posted on 3/25/19 at 9:13 pm to fightin tigers
C4C took a shitton of older vehicles out of commerce.
It caused immediate inflation in the used car market, and that market has never returned to where it would have been otherwise.
The inflated values became the baseline.
It caused immediate inflation in the used car market, and that market has never returned to where it would have been otherwise.
The inflated values became the baseline.
1
Posted on 3/25/19 at 9:22 pm to LSUSUPERSTAR
If you have time. Go to AAMCO. Tell them you are looking and can wait. You will spend $500 on a car that someone doesnt want to change the trans in. Pay them to replace the trans. You will probably be out 3Gs.
ETA:
I also stroll FB pages of will to do communities. You can find a good deal there. I refuse to have car payments.
ETA:
I also stroll FB pages of will to do communities. You can find a good deal there. I refuse to have car payments.
This post was edited on 3/25/19 at 9:24 pm
Posted on 3/25/19 at 9:31 pm to udtiger
In 2007 the average for a used car was $15,714.
Adjusted for inflation that should put you around $19,500.
The average used car price in 2018 was 20,000.
Cash for clunkers was in 2009.
Yep, astronomical false inflation.
Adjusted for inflation that should put you around $19,500.
The average used car price in 2018 was 20,000.
Cash for clunkers was in 2009.
Yep, astronomical false inflation.
Posted on 3/25/19 at 9:36 pm to LSUSUPERSTAR
Enterprise.com has lots of 2-3 yr olds used with some warranty, but $3-5000 doesn’t buy much these days.
Posted on 3/25/19 at 9:43 pm to LSUSUPERSTAR
Has anyone cited Obama’s cash for clunkers program?
Posted on 3/25/19 at 11:03 pm to LSUSUPERSTAR
Those transmissions are horrible. Just bite the bullet and get a used Toyota
Posted on 3/25/19 at 11:03 pm to fightin tigers
quote:
That shite was 10 years ago. Everyone needs to quit blaming cash for clunkers
People have been blaming the clunker program since its inception. I took advantage of the program and the truck I took in was a ragged out f250 that barely made it to the dealership. It was put with the others clunkers that had been brought in. That lot of vehicles was a poor sight. From what I saw, no one was bringing a car worth more than $2k. The max you could get out of a clunker was $4,500. It was only that high if you bought a car that got an average of 22+ mpg. Oh and the car you brought in had to have an average of less than 18mpg.
I asked a used car dealer about 5 years after the program was over if he had noticed any difficulty with finding used cars. He dismissed it without a second thought.
Posted on 3/25/19 at 11:05 pm to Chuker
For those claiming inflation as a culprit, I wonder what the used car average went from 1995 to 2005 dollars?
Posted on 3/25/19 at 11:10 pm to Paul Allen
The price of used cars is probably outpacing inflation, mainly because new new cars are outpacing inflation.
There is plenty of info on this particulat subject online. Well studied and well documented.
There is plenty of info on this particulat subject online. Well studied and well documented.
This post was edited on 3/25/19 at 11:11 pm
Posted on 3/25/19 at 11:39 pm to fightin tigers
Didn't see it posted but cash for clunkers is a big reason why
Posted on 3/26/19 at 12:01 am to LSUSUPERSTAR
They sure aren't expensive when you try to get trade in value.
Posted on 3/26/19 at 12:08 am to LSUSUPERSTAR
Mileage doesn't mean as much as it used to
200k is the new 100k
200k is the new 100k
Posted on 3/26/19 at 12:29 am to keakar
Yep everything increases but wages
Posted on 3/26/19 at 4:12 am to LSUSUPERSTAR
If you cared about your daughter you would let her buy her own car.
Posted on 3/26/19 at 6:33 am to LSUSUPERSTAR
Bigger question is:
Why do we have to pay taxes on a used vehicle? Haven't the taxes already been paid when purchased new?
Why do we have to pay taxes on a used vehicle? Haven't the taxes already been paid when purchased new?
Posted on 3/26/19 at 7:04 am to LSUSUPERSTAR
I think I read somewhere about it being caused by Cash for Clunkers. That said, if youre in Arlington, check out Division street. Those dealers are basically restoring car auction cars. Get them to show you the work done and you can defintely find something in budget. And the Kia/ Hydunai option should be just fine. We did that for our daughter and it gets her to classes with no issues.
This post was edited on 3/26/19 at 7:06 am
Posted on 3/26/19 at 7:11 am to LSUSUPERSTAR
quote:
But my daughter is 20 yrs old (no pics) with a shitty job and no money. So she gets a used vehicle that hopefully she won't tear up too quickly.
Sounds like your seed is a real winner there baw
Posted on 3/26/19 at 7:15 am to LSUSUPERSTAR
I’m convinced that the auto companies are the ones driving the prices on their used cars up to make you buy a new one instead.
Posted on 3/26/19 at 8:17 am to Paul Allen
quote:
Cash for clunkers
Thanks Obama
Posted on 3/26/19 at 8:21 am to LSUSUPERSTAR
quote:
an official report on the issue and costs.
Definitely weigh the options. Even if it takes $3k to get it running again that's way cheaper than getting something else.
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