- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The coming automobile market collapse and what it means
Posted on 7/24/22 at 3:45 pm to SlowFlowPro
Posted on 7/24/22 at 3:45 pm to SlowFlowPro
quote:
There simply are not enough electric vehicles for this policy to ever even be floated.
Like that's ever stopped the govt from enacting a bad policy before.
1
Posted on 7/24/22 at 3:46 pm to Auburn1968
Sub prime auto should have been regulated to death just like sub prime home loans.
Posted on 7/24/22 at 3:53 pm to anc
Thanks dems for making our population stupid and give loans to idiots.
Posted on 7/24/22 at 3:54 pm to anc
quote:
The next 18-24 months are going to be painful for your car salesman friends
Meh frick em.
The good ones will stay in business and we will come out of this ahead.
Posted on 7/24/22 at 3:55 pm to anc
I'm waiting for the Mad Max style DIY jalopy scene. When they leave us with no choice. It's gonna be badass
Posted on 7/24/22 at 3:57 pm to anc
Wait, you're telling me a GMC Sierra isn't worth $65,000 and your average consumer can't afford it.
Naw. I don't believe you. Check your numbers.
Naw. I don't believe you. Check your numbers.
Posted on 7/24/22 at 3:58 pm to SlowFlowPro
quote:
There simply are not enough electric vehicles for this policy to ever even be floated.
There also aren’t enough repo men to get all the cars back.
Posted on 7/24/22 at 4:03 pm to hawkeye007
quote:
with no bail out.
I'll believe that when I see it.
Posted on 7/24/22 at 4:07 pm to SlowFlowPro
quote:
There simply are not enough electric vehicles for this policy to ever even be floated.
Nor do we have the production capacity. Current production is around 700k/yr.
quote:
NO matter how big the crash, this ain't the goal.
I disagree. Biden's goal is to force the US into more green energies. The fastest method (the one which provides the quickest increase in numbers they can use in visuals) is to push more EV purchases. It doesn't matter if people default on their ICE vehicles because it takes them off the road (another number for another visual) and, ideally (to the administration), it means when they are ready and able to buy another vehicle they're more likely to choose an EV.
The reality of production capacity and actual supply is every bit as irrelevant as is the lack of grid capacity and the true limits of the technology. Long-serving political leaders like him know what they want the world to be like and will push to make it so, regardless of how far from reality it truly is and their people will do their damnedest to push the believability of their lies so their "leaders" will never have to admit they were wrong.
Posted on 7/24/22 at 4:12 pm to Bard
quote:
It doesn't matter if people default on their ICE vehicles because it takes them off the road
The repossessed ICE cars would be sold at auction and be back on the road
Posted on 7/24/22 at 4:16 pm to DiamondDog
It's infuriating the don't make an affordable full size truck anymore. Just make a bare bones trim of the F-150 and Silverado, no added options. You can still have your 80k suburban luxury trim with leather and Bluetooth. Just make the affordable option also and tons of people will buy it. How much productivity is being lost on farms and work sites these days because you have no choice but to try to repair the old truck? It's just unreal. They're shitting all over the people who made these the best selling vehicles in the country and they're burning their own money chasing the suburban crowd.
Posted on 7/24/22 at 4:18 pm to anc
quote:Good. Maybe we can get all these shitboys in their paper-tag stimmie Challengers off the road and back on their sisters' bicycles where they belong.
Today that number has exploded. Its 10% in Texas and 23% in DC. Nationwide, its around 9%.
Posted on 7/24/22 at 4:19 pm to anc
No one is doing a bailout for auto loans. Where do you come up with this nonsense?
Posted on 7/24/22 at 4:20 pm to anc
Say bye bye to selling what is basically work trucks for $30,000. Prices have needed to be reset for a long time.
Posted on 7/24/22 at 4:23 pm to TigerAttorney
Combine that with sales prices spiking and those notes have to be insane.
I’m hoping my current beater can last several more years and keep me from having to exchange a kidney for my next one.
I’m hoping my current beater can last several more years and keep me from having to exchange a kidney for my next one.
Posted on 7/24/22 at 4:28 pm to anc
I always pay cash for new vehicles.
Shocked that 85 percent finance.
Shocked that 85 percent finance.
Posted on 7/24/22 at 4:30 pm to dstone12
quote:
There also aren’t enough repo men to get all the cars back.
So you become selective with what you repo. When choosing between a Chevy Equinox and a Nissan Rogue, which one fetches more at resale?
This post was edited on 7/24/22 at 4:31 pm
Posted on 7/24/22 at 4:35 pm to Quidam65
That resale market is going to reset the whole market. The banks need to get on the phones with consumers and start renegotiating those rates down.
Posted on 7/24/22 at 4:37 pm to Quidam65
So glad I converted my lease to a purchase this month. I got a purchase price based off the cost of the vehicle when I leased in 2019 and enter the financing with $3-4k in equity.
Posted on 7/24/22 at 4:38 pm to anc
quote:
Everything is by design.
Page 2 of 6
Back to top
Follow TigerDroppings for LSU Football News