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Started By
Message
re: New cars, once part of the American dream, now out of reach for many
Posted on 5/8/23 at 7:32 pm to TrueTiger
Posted on 5/8/23 at 7:32 pm to TrueTiger
Exactly 100%!
I think Mexico manufactured them into the mid 1990’s.
Europe and VW made some great diesel small cars also until that was sabotaged.
I own what I can afford to drive and after 40 years of work it’s pretty much anything I want.
I’m open to adding a Tesla this year just to check it out and give feedback but it should have never been made to be the only option for sale.
I think Mexico manufactured them into the mid 1990’s.
Europe and VW made some great diesel small cars also until that was sabotaged.
I own what I can afford to drive and after 40 years of work it’s pretty much anything I want.
I’m open to adding a Tesla this year just to check it out and give feedback but it should have never been made to be the only option for sale.
1
Posted on 5/8/23 at 9:58 pm to Tiger in Texas
It’s more of a generic cheap car that poor people drive so that’s why I said it.
According to message boards every vehicle is a POS.
According to message boards every vehicle is a POS.
Posted on 5/8/23 at 10:04 pm to boogiewoogie1978
I would like to know why Jeeps and trucks have escalated in price so much. Someone once told me it was because women started driving them - poof you ended up with fancier Jeeps, 'platinum' trucks etc, with insane prices, and those high prices just brought up the price of the bottom models.
Posted on 5/8/23 at 10:06 pm to Helo
quote:
I wonder if the expectation is that this imbalance will improve or get worse with the push to more EVs.
EVs seem like they will kill the resale market eventually.
Sure, you can sell a 2-year old car, but who is buying a 6-10 year old EV, knowing they face a $20k or higher battery replacement?
Posted on 5/8/23 at 10:11 pm to SeeeeK
quote:
prices are laughable
I mean are they though….
Correct me if I’m wrong but weren’t we paying less than 2 dollars for a dozen eggs not too long ago
Inflation is a percentage thing and as long as people keep paying the price then there you go
Posted on 5/8/23 at 10:23 pm to boogiewoogie1978
Karen needed that new full sized SUV at $800 a month before the $250 to 300 a month in insurance costs and Todd is willing to go into serious debt for it as she takes Jaden to travel baseball or soccer practice that costs $500 a month and MacKenzie to dance that costs $300 a month before the competition fees.
Posted on 5/9/23 at 4:33 am to Diamondawg
quote:
This shite didn't even go upside down by 2018
quote:yw
Circumstances have changed since obviously
Posted on 5/9/23 at 4:35 am to Tiger in Texas
quote:Honda uses it as well. I haven't heard of any issues but I wasnt crazy about the idea when they switched
That CVT transmission has been a nightmare for years
This post was edited on 5/9/23 at 4:47 am
Posted on 5/9/23 at 4:42 am to Bengalbio
quote:
Supposedly my house, 4-2 slab, is worth double what I bought it for six years ago.
It’s only worth double, if you can sell it for double.
Posted on 5/9/23 at 4:44 am to POTUS2024
quote:jeeps have been like this for decades. A 20 year old jeep holds its value better than 90% of other vehicles. I never understood it but they have always been in high demand. Trucks outsold cars for the first time in 2020. Americans want trucks over passenger cars for various reasons that I don't really understand. I drive a truck because its comfortable and occasionally I need to haul a big sheet of plywood or a bunch if trash. But most suburban people should be in a camry or accord imo.
Jeeps and trucks have escalated in price so much.
My local chevy dealer has finally started having more than 3 or 4 new vehicles in stock. They have around 100 now. All trucks except a few camaros and corvettes
Posted on 5/9/23 at 4:45 am to KiwiHead
quote:plus about 12 to 1500 a year in property tax depending on where you live
Karen needed that new full sized SUV at $800 a month before the $250 to 300 a month in insurance
Posted on 5/9/23 at 5:28 am to Kracka
quote:
I am in a place where I'd almost rather put a new engine/transmission in it than buy a new one. Not sure if that is cost effective.
The problem is finding a mechanic that will do it in a reasonable amount of time. If you have a backup vehicle it's doable.
I'd guess it would cost about $8-10k for an engine and transmission swap.
With prices on vehicles being absurd nowadays. You'd probably be better off shelling out $10k on an old one. Especially, if you've taken reasonable care of it.
Posted on 5/9/23 at 5:38 am to Ricardo
I’ve ended up driving older cars for years. I drive a 1988 Bronco and my wife has a 2003 Expedition with 408,000 miles on it. Both run and look like new. We try to keep a spare vehicle in case something breaks. With a good set of tools, YouTube and a little patience you would be surprised how much you can fix on your own. I have not had a car payment in 15 years. I also only have liability insurance which saves a lot of money as well. I know this way is not for everyone, but it’s saved me a small fortune over the years.
Posted on 5/9/23 at 5:48 am to LSUAlum2001
quote:
Between my last post and now, I pulled up Autotrader in the immediate area and found plenty of options under $30K for vehicles 2 years old with low miles that meet their criteria.
Just be careful with Autotrader and the other online used car sites, I've noticed they have a lot of vehicles with salvage titles. Not all of them of course but there are quite a many
Posted on 5/9/23 at 5:48 am to boogiewoogie1978
One of the smartest purchases I ever made. Bought an xc 90 in 2020 it was certified by Volvo. So I had certified warranty till Aug 22 but for 2700 i could get that to Aug '27 with unlimited miles. I'm not even considering a newer car till that warranty runs out ( the back seat seat latches have snapped twice now..and Volvo fixed it )
Posted on 5/9/23 at 6:04 am to ncdawg
quote:
With a good set of tools, YouTube and a little patience you would be surprised how much you can fix on your own.
This is another reason the current trend has been toward electric vehicles. The people in power have created a disposable economy. Keeping money circulating has been the goal. If everyone was responsible with their money and things were built to last (or at least relatively easily repaired) then the economy would slow down.
Tangent: That's why I find it ironic with all of these new "high efficiency" standards on appliances. These things break - a lot. Dumps are filling with plenty of "high efficiency" appliances. Disposal of electric components is worse for the environment too.
If the goal was to make a cleaner environment, these standards are failing the world. Not that any politician gives a shite. They choose what standards to measure and report on.
Sorry for the digression.
--
But yeah, if you are mechanically inclined, you probably should fix as many things as you can. It will serve you well in the future. When, things like batteries will become harder to get a hold of. (When, China owns pretty much all of the rare earth materials.)
Posted on 5/9/23 at 6:28 am to JackieTreehorn
quote:
I sure see a lot of those wagoneers and grand wagoneers on the roads though. People are either shitting money or in debt up to their eyeballs.
People are certainly carrying more debt. I heard on War Room the other day from Steve Cortes that total credit card debt for Americans is now over $1 trillion.
Posted on 5/9/23 at 6:34 am to boogiewoogie1978
Anybody who though a $100k base model jeep was a good idea is as stupid if not more so than anyone would pay $100k for a jeep.
The problem with insane new car prices and dealers marking up MSRP by 30-70% is that it will impact used car prices for the foreseeable future.
The problem with insane new car prices and dealers marking up MSRP by 30-70% is that it will impact used car prices for the foreseeable future.
Posted on 5/9/23 at 6:34 am to boogiewoogie1978
I traded my basic 2017 RT challenger in about 1.5 years ago, it had 86k on it.
Bought a used 2011 SRT8 IE Challenger (6.4L 6 speed manual) shaker hood, fully optioned, that had 3,000 miles on it.
$10k difference for a car with less electronics, more options
I will keep this one forever, repairing what it needs forever.
500HP, banging gears, makes the commute fun, always improves my mood...lol
Bought a used 2011 SRT8 IE Challenger (6.4L 6 speed manual) shaker hood, fully optioned, that had 3,000 miles on it.
$10k difference for a car with less electronics, more options
I will keep this one forever, repairing what it needs forever.
500HP, banging gears, makes the commute fun, always improves my mood...lol
Posted on 5/9/23 at 6:36 am to Diamondawg
quote:
Go to CarMax and buy a low mileage similar vehicle where someone else has paid the insane first year depreciation.
Do some research and you will find that car costs more than MSRP for the same car brand new. Of course the caveat is that the dealer will mark the brand new one up by several thousand dollars above MSRP. Low mileage late model used vehicles have been selling above MSRP for untitled new vehicles, on average, for about 4 years now.
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