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CatsGoneWild
LSU Fan
Pigeon forge, Tennessee
Member since Jan 2008
10907 posts

Will new car prices max out?
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?



bayourougebengal
LSU Fan
Member since Mar 2008
6546 posts

re: Will new car prices max out?
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
This post was edited on 2/25 at 7:14 pm


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9324
AbitaFan08
LSU Fan
Boston, MA
Member since Apr 2008
22082 posts

re: Will new car prices max out?
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.
This post was edited on 2/25 at 3:49 pm


BigPerm30
Chicago Cubs Fan
Member since Aug 2011
17849 posts

re: Will new car prices max out?
I laugh at that shite. Buy a one year old used car for 30% off the price.
This post was edited on 2/25 at 3:55 pm


TimeOutdoors
Mississippi St. Fan
AK
Member since Sep 2014
7733 posts

re: Will new car prices max out?
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.


RazorTiger30
LSU Fan
Central Ark
Member since Sep 2013
422 posts

re: Will new car prices max out?
When union workers are getting paid $30+/hr to sweep the floor at car plants somebody has to eat the cost.


tigerbandpiccolo
LSU Fan
Member since Oct 2005
48721 posts

re: Will new car prices max out?
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 at 3:51 pm


tide06
Alabama Fan
Member since Oct 2011
4764 posts
 Online 

re: Will new car prices max out?
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.


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320
AbitaFan08
LSU Fan
Boston, MA
Member since Apr 2008
22082 posts

re: Will new car prices max out?
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?


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231
achenator
Member since Oct 2014
2239 posts

re: Will new car prices max out?
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


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141
CatsGoneWild
LSU Fan
Pigeon forge, Tennessee
Member since Jan 2008
10907 posts

re: Will new car prices max out?
A loaded grand Cherokee latitude was $42k. I would rather pay that than buy a $40k base jeep 4 door


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70
sgallo3
USA Fan
Dorne
Member since Sep 2008
22960 posts

re: Will new car prices max out?
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


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214
thelawnwranglers
LSU Fan
Member since Sep 2007
31795 posts
 Online 

re: Will new car prices max out?
People are stupid and just say oh only $40 a month more

Prices won't stop


3deadtrolls
LSU Fan
Lafayette baw
Member since Jan 2014
3799 posts

re: Will new car prices max out?
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.


Jones
Member since Oct 2005
80293 posts

re: Will new car prices max out?
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


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52
Fat and Happy
LSU Fan
Baton Rouge
Member since Jan 2013
11295 posts

re: Will new car prices max out?
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.


lsunurse
LSU Fan
Member since Dec 2005
125252 posts

re: Will new car prices max out?
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 at 4:03 pm


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411
lsu xman
Member since Oct 2006
14034 posts
 Online 

re: Will new car prices max out?
Blame easy financing.


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171
airfernando
USA Fan
Member since Oct 2015
15248 posts

re: Will new car prices max out?
this all happened bc Big Brother got into the vehicle business (cash for clunkers)


SelaTiger
USA Fan
Member since Aug 2016
9989 posts

re: Will new car prices max out?
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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