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re: Will new car prices max out?
Posted on 2/25/18 at 4:51 pm to Ostrich
Posted on 2/25/18 at 4:51 pm to Ostrich
quote:
Now it's hard to find a manual base model with no add-ons
That's everything these days. Nobody knows how to drive standard anymore.
fricking millennials.
You could always order one from the factory, though, if you're willing to wait a few weeks to get exactly what you want.
1
Posted on 2/25/18 at 4:52 pm to CatsGoneWild
none of those are out the door prices. take 5-8k off all of those
Posted on 2/25/18 at 4:56 pm to CatsGoneWild
There are tons of vehicles priced well below these numbers. Apparently these vehicles are out of your price range (mine, too). I wish I could afford a mansion in Orlando and play golf year round at Bay Hill and Isleworth, but the market and my income do not allow for that. There are plenty of very reasonsably priced vehicles that are very reliable (Hyundai makes some very good vehicles). Maybe they won't impress your friends when you pull up to drop your kids off at school, but they will last 180,000 miles and not break the bank.
Posted on 2/25/18 at 4:56 pm to CatsGoneWild
Same as college education with long term loans - con job of getting people to sign up for 7 to 8 year car loans with "lower" monthly payments
Posted on 2/25/18 at 5:12 pm to CatsGoneWild
quote:
Since when did basic cars become luxury car prices
I can bet you that Accord is fully loaded.
You can still get one in mid 20s.
Posted on 2/25/18 at 5:13 pm to PUB
quote:
Same as college education with long term loans - con job of getting people to sign up for 7 to 8 year car loans with "lower" monthly payments
Higher ed bubble is worse than the auto market bubble.
My question is what exactly will happen to these manufacturers (particularly Ford and GM) when the economy slows just a little and high priced trucks and SUV sales collapse? Neither company has a big lineup of affordable cars. They are both pushing "big and expensive" vehicles for obvious reasons.
Does Chrysler/Dodge even have a mid sized or compact sedan anymore?
This post was edited on 2/25/18 at 5:15 pm
Posted on 2/25/18 at 5:15 pm to member12
quote:
Higher ed bubble is worse than the auto market bubble.
It is worse, but when is it going to burst? You know they’ve been talking about this higher ed bubble for well over a decade now. At some point we may have to reconsider calling it a bubble.
Posted on 2/25/18 at 5:18 pm to Paul Allen
quote:
It is worse, but when is it going to burst?
I am hoping it will do so within the decade.
Wages are growing now and hiring is up under the new administration. That may have postponed things for a while.
It probably helps the automakers a lot too.
This post was edited on 2/25/18 at 5:20 pm
Posted on 2/25/18 at 5:18 pm to AbitaFan08
quote:
At one point a Toyota 4Runner was meant to be a cheap, reliable car. Now the base price is something like $35k.
4Runners have actually been one of the more stable priced vehicles out there. A new SR5 with leather in 1996 was around $31k. And a new one is around $35k. That's not bad for over 20 years worth of inflation.
All the new tech and features in cars costs money to develop. Not sure why process rising is shocking to anyone. Everything costs more than it did 20 years ago.
Posted on 2/25/18 at 5:19 pm to CatsGoneWild
I can't imagine buying a brand new car. New to me is much more affordable.
Posted on 2/25/18 at 5:36 pm to CatsGoneWild
We bought the loaded out 18 Outback 3.6R Touring. $36,500, with taxes and crap it was $40,040 out the door.
I feel the vehicle is worth the price I paid. It has all the features we wanted and will go 300K or until the wife manages to Tbone a minivan.
Now, I think that’s the max I am willing to pay. I want a loaded Tahoe but $60K for Chevys version of the Bronco ain’t worth it.
I feel the vehicle is worth the price I paid. It has all the features we wanted and will go 300K or until the wife manages to Tbone a minivan.
Now, I think that’s the max I am willing to pay. I want a loaded Tahoe but $60K for Chevys version of the Bronco ain’t worth it.
Posted on 2/25/18 at 5:46 pm to CatsGoneWild
As long as Baws will pay any amount for the next biggest truck then prices will keep climbing.
Posted on 2/25/18 at 5:46 pm to BigPerm30
quote:
I laugh at that shite. Buy a one year old used car for 30% off the price.
Some of the high end luxury imports depreciate like a falling stone, I think 2 years old with 20-25K miles is the sweet spot.
Posted on 2/25/18 at 5:47 pm to CatsGoneWild
quote:Those aren't "basic" prices. You can get an Accord for 25k.
Since when did basic cars become luxury car prices?
Posted on 2/25/18 at 5:48 pm to LNCHBOX
quote:
4Runners have actually been one of the more stable priced vehicles out there. A new SR5 with leather in 1996 was around $31k. And a new one is around $35k. That's not bad for over 20 years worth of inflation.
Let me just call bullshite. I went shop 4Runners three weeks ago for my wife. An equipped 4Runner with leather is 42-45K. That’s no joke.
Posted on 2/25/18 at 5:57 pm to CatsGoneWild
When people stop paying for them. No negotiating skills left.
Posted on 2/25/18 at 5:58 pm to PhiTiger1764
I know a bunch of people fricking this all up for us.
Older millenials that, like you said, prioritize having their dream vehicle (depreciating asset) over a house or kids or retirement. Know one who bought a new Crosstrek, got promoted and traded it a year later for a Rubicon, decided they couldn't afford that and traded it for a Civic, hated that and traded it for a Wrangler, decided that was a mistake and traded that for a VW - all in the span of 5 years. Pissed away thousands and thousands of dollars in equity keeping up with the Joneses. Know another that bought a fully loaded FJ, traded it after a year for a fully loaded 4Runner - dumbass just cycles all his bills through 0% apr CCs until the bubble inevitably burts...
Older millenials that, like you said, prioritize having their dream vehicle (depreciating asset) over a house or kids or retirement. Know one who bought a new Crosstrek, got promoted and traded it a year later for a Rubicon, decided they couldn't afford that and traded it for a Civic, hated that and traded it for a Wrangler, decided that was a mistake and traded that for a VW - all in the span of 5 years. Pissed away thousands and thousands of dollars in equity keeping up with the Joneses. Know another that bought a fully loaded FJ, traded it after a year for a fully loaded 4Runner - dumbass just cycles all his bills through 0% apr CCs until the bubble inevitably burts...
Posted on 2/25/18 at 6:07 pm to Bestbank Tiger
quote:
They can only extend the financing period so far before they get to where a jalopy is still under finance. 7 years is a stretch as it is.
The fact that you can finance a vehicle for more than 4 years is a joke.
I’m starting from nothing this week and bought a car, bedroom set, living room set, and dining room set and financed exactly $0 of it. Americans in general cannot live without credit.
Posted on 2/25/18 at 6:19 pm to redstick13
Don't forget financing a new iphone for $30/month for 24 months.
Posted on 2/25/18 at 6:20 pm to drunkenpunkin
quote:
I can't imagine buying a brand new car.
It's pretty awesome.
Imagine farting in a seat where you're the first person to ever fart there. I sit back in my new F950 and imagine that's how the first guy to discover America felt.
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