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Will new car prices max out?
Posted on 2/25/18 at 3:45 pm
Posted on 2/25/18 at 3:45 pm
How much higher can they go? Just went to the Cleveland auto show and I was shocked at the prices. I looked at alot of vehicles, but just glanced at some of the prices
Mustang Gt $50k
Jeep wrangler base 4 door $40k, Sahara 52k
Accord $36k
Kia cadenza $44k
Maxima is $40k+
Mini Cooper countryman s $40-50
Traverse high country $52
Since when did basic cars become luxury car prices? Or even full size truck prices?
How much higher can they go? In the last few years I believe a mustang Gt was $30-35 and a base jeep jku was 30-32 and Sahara 36-40. Why the huge increase?
Mustang Gt $50k
Jeep wrangler base 4 door $40k, Sahara 52k
Accord $36k
Kia cadenza $44k
Maxima is $40k+
Mini Cooper countryman s $40-50
Traverse high country $52
Since when did basic cars become luxury car prices? Or even full size truck prices?
How much higher can they go? In the last few years I believe a mustang Gt was $30-35 and a base jeep jku was 30-32 and Sahara 36-40. Why the huge increase?
44
Posted on 2/25/18 at 3:47 pm to CatsGoneWild
Sorry you're a poor
ETA damn that's a bunch of downvotes for a joke, and I'm probably the poorest poster here
I love this place
ETA damn that's a bunch of downvotes for a joke, and I'm probably the poorest poster here
I love this place
This post was edited on 2/25/18 at 7:14 pm
Posted on 2/25/18 at 3:48 pm to CatsGoneWild
I agree that car prices have gotten out of control.
At one point a Toyota 4Runner was meant to be a cheap, reliable car. Now the base price is something like $35k.
But if you don’t live in a place with reliable public transit, you don’t have a ton of options I guess.
At one point a Toyota 4Runner was meant to be a cheap, reliable car. Now the base price is something like $35k.
But if you don’t live in a place with reliable public transit, you don’t have a ton of options I guess.
This post was edited on 2/25/18 at 3:49 pm
Posted on 2/25/18 at 3:49 pm to CatsGoneWild
I laugh at that shite. Buy a one year old used car for 30% off the price.
This post was edited on 2/25/18 at 3:55 pm
Posted on 2/25/18 at 3:50 pm to CatsGoneWild
My Nissan Xterra just hit 200k miles so stopped by Nissan this week to browse. Surprised to see the a Frontier wasn’t much more than I paid for my X in 2004.
Posted on 2/25/18 at 3:50 pm to CatsGoneWild
When union workers are getting paid $30+/hr to sweep the floor at car plants somebody has to eat the cost.
Posted on 2/25/18 at 3:50 pm to AbitaFan08
Agreed. We’ve been watching car prices for the last year or two, and just having trouble making a decision because cars are just ridiculously priced. Especially for a full sized SUV. Those cars are as much as a house in many places. I just can’t wrap my mind around 75-85k cars that were maybe 38-40k brand new about 12 years ago.
This post was edited on 2/25/18 at 3:51 pm
Posted on 2/25/18 at 3:52 pm to RazorTiger30
Wont hit a max until the auto finance bubble pops.
In other words depends on the employment rate and how fast wages can increase. Right now people are still falling behind in terms of how much they spend monthly on their vehicle.
In other words depends on the employment rate and how fast wages can increase. Right now people are still falling behind in terms of how much they spend monthly on their vehicle.
Posted on 2/25/18 at 3:53 pm to BigPerm30
quote:
I laugh at that shite. Buy a one year old used car for 30% of the price.
I agree with you that buying CPO is the right call. But you do realize if the car is more expensive when it’s new, the price will also rise when it’s used...right?
Posted on 2/25/18 at 3:53 pm to CatsGoneWild
Those cars you are seeing at the car show look to me totally maxed out models. High Country? A $36k Accord has to be a touring with every camera, sensor, etc. Stuff that wasn't available a few years ago. Can still get a damn nice accord for under $30k
Posted on 2/25/18 at 3:54 pm to tigerbandpiccolo
A loaded grand Cherokee latitude was $42k. I would rather pay that than buy a $40k base jeep 4 door
Posted on 2/25/18 at 3:56 pm to RazorTiger30
quote:
When union workers are getting paid $30+/hr to sweep the floor at car plants somebody has to eat the cost.
it actually has less to do with this than it does the fact that they need continuous profit growth to keep the shareholders happy
when less people are buying cars they have to make more money on each one sold
Posted on 2/25/18 at 3:57 pm to CatsGoneWild
People are stupid and just say oh only $40 a month more
Prices won't stop
Prices won't stop
Posted on 2/25/18 at 3:58 pm to CatsGoneWild
Not even 8 years ago I bought a nicely equipped JKU for mid-upper 20s, could have gotten base in low 20s. They’ve about doubled. A Jeep is just not a 50k vehicle.
Posted on 2/25/18 at 3:58 pm to CatsGoneWild
I think the prices are a result of basically an arms race among the companies.
Same thing with sports cars. The horsepower race has to slow down sometime. If your car isnt running 12s straight out of the factory, its pretty much considered slow
Same thing with sports cars. The horsepower race has to slow down sometime. If your car isnt running 12s straight out of the factory, its pretty much considered slow
Posted on 2/25/18 at 3:59 pm to thelawnwranglers
I bought a new vehicle 4 years ago and until there is change in the obnoxious pricing, i will probably get used vehicles from now on.
The sticker prices for trucks is completely out of control.
The sticker prices for trucks is completely out of control.
Posted on 2/25/18 at 4:01 pm to CatsGoneWild
quote:
Jeep wrangler base 4 door $40k, Sahara 52k
That is insane. My 2014 Sahara JKU was 34K and that was with navigation, towing package, pretty much a lot of extras minus leather and heated seasts.
ETA: My husband's 2015 JKU Hardrock Rubicon was like 42K...and he specially ordered his with every feature he wanted.
This post was edited on 2/25/18 at 4:03 pm
Posted on 2/25/18 at 4:01 pm to CatsGoneWild
Blame easy financing.
Posted on 2/25/18 at 4:02 pm to CatsGoneWild
this all happened bc Big Brother got into the vehicle business (cash for clunkers)
Posted on 2/25/18 at 4:06 pm to CatsGoneWild
Full size trucks and big SUVs have been ridiculously high for a while now. Tons of people still buying. I bought my 2016 Silverado at the end of the year when all the 17s were on the lot and got 12000 off the sticker and still feel like I paid too much.
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