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re: WTF is wrong with people trying to buy cars now???
Posted on 7/14/21 at 8:15 am to tadman
Posted on 7/14/21 at 8:15 am to tadman
Special ordering and being able to use something like X plan is the way right now. Getting a total of 8-10k off msrp depending on incentives (also incentive protection) when truck gets delivered plus a high trade in via “pre trade affidavit” in Louisiana.
0
Posted on 7/14/21 at 8:15 am to tadman
quote:
Last month my car got totaled (in a parking lot no less) and I'm holding off until this BS cools off.
So you are obviously butt hurt that you don’t have the inflated asset to trade in.
Otherwise, get a good deal on trade in, bad deal on new purchase, about the same as it used to be.
Posted on 7/14/21 at 8:16 am to Cosmo
quote:
With hyperinflation thats not happening
Lol. The supply chains are trashed. Hundreds of thousands of new vehicles built, ready to flood the market, if only a chip were available. This, too, shall pass.
Posted on 7/14/21 at 8:19 am to tadman
quote:
until this BS cools off.
I work in the car business, it will be years before this happens, if it doesn’t become the new normal.
New car production is going to have to, like, quadruple, and stay that way for long enough to exceed demand and allow for lots to fill back up with standing inventory. At that point, the crazy run on new will stop, and the crazy run on used will follow it down.
Posted on 7/14/21 at 8:21 am to tadman
Yeah it's gonna be 4500 to fix my car but I don't want to buy a new or used car. I can get another 100k out of this one if my catalytic converters don't get stolen again.
Posted on 7/14/21 at 8:21 am to Them
Everyone is flush with cash right now and credit is cheap. Throw that on top of a broken supply chain and scarcity is bred overnight. These conditions cannot and will not continue unless the United States descends into full blown, third world economic conditions.
Posted on 7/14/21 at 8:23 am to Them
quote:
I work in the car business, it will be years before this happens, if it doesn’t become the new normal.
How long do you think used car value will stay up? I'm trying to determine if I should just keep my truck until my vehicle is delivered or go ahead with a trade in now. Ford dealers say the chips are in for the f150 and production should be up and running pretty good soon.
Posted on 7/14/21 at 8:23 am to tadman
Go spend that child tax credit check baw.
Posted on 7/14/21 at 8:23 am to tadman
quote:
until this BS cools off
Gonna be hard to buy a car in the midst of a civil war
Posted on 7/14/21 at 8:24 am to tadman
I got 17000 for my truck which is only worth 6000. and 4 thousand off my new. so i came out in the good.
This post was edited on 7/14/21 at 8:26 am
Posted on 7/14/21 at 8:27 am to tadman
People is generally stupid and must consoooooom.
Me, I drive my vehicles into the ground.
Me, I drive my vehicles into the ground.
Posted on 7/14/21 at 8:28 am to tadman
I need a 10-15K used car for a new teen driver, he's squaking and I'm balking.
He doesn't want to hear all this "a bad time to buy a car" bull Sheet
He doesn't want to hear all this "a bad time to buy a car" bull Sheet
Posted on 7/14/21 at 8:28 am to tadman
what do you care what people buy, Karen?
Posted on 7/14/21 at 8:31 am to tadman
Not everyone here is broke.
Posted on 7/14/21 at 8:32 am to Prominentwon
quote:
You can try to convince yourself that car prices are going to decrease all you want, but it’s never going to happen.
Yeah, I don't think I've ever seen vehicle prices, in general, go down since I started paying attention to that kind of thing 15-20 years ago.
Posted on 7/14/21 at 8:34 am to tadman
I briefly shopped for a truck last year. When I saw ridiculous shite like a 2012 Toyota Tacoma with 300k miles for 15k, I stopped looking. I wouldn’t pay 1500 for a vehicle with that many miles much less 15k.
Posted on 7/14/21 at 8:35 am to tadman
Co-worker showed up with a brand new King Ranch on Monday. I am afraid to ask.
Neighbor also came home with 2021 4Runner limited last night.
Neighbor also came home with 2021 4Runner limited last night.
Posted on 7/14/21 at 8:36 am to The Third Leg
quote:
Hundreds of thousands of new vehicles built, ready to flood the market, if only a chip were available. This, too, shall pass.
I’m no so sure this is correct. Most car companies practice the just in time manufacturing approach developed by the Japanese car companies to save space. I don’t believe car companies are sitting on some massive stock of built cars just waiting for chips to drop.
And once volume does return, you will have pent up demand and people who have deferred buying cars coming to the lot. This will take some time to work through, and by then people will be conditioned to accept car prices at this higher level.
Posted on 7/14/21 at 8:39 am to Lonnie Utah
quote:I was just giving simple numbers
$7,000 * 20% = $1,400
$35,000 * 20% = $7,000.
Used car transactions are up 27%, or an average increase of $5,500
New car transactions are up 5% on average, or an average increase of $2,500
You are actually coming out ahead trading in and buying new from a pure dollar standpoint
If you have a car to trade in, it makes no sense to hold off buying new right now
This post was edited on 7/14/21 at 8:43 am
Posted on 7/14/21 at 8:41 am to goofball
quote:
You might be holding off for a while.
...or forever.
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