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Retail spending UNEXPECTEDLY drops as vehicle sales plummet
Axios ^ | June 15, 2022 | Courtenay Brown

Posted on 06/15/2022 2:47:01 PM PDT by American Number 181269513

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To: atc23
People realize that it’s because of Putin that a Ford pick up costs 100 thousand dollars.

If gas goes to $10.00/gal my plan is to pick one of those behemoths up for 10 cents on the dollar.

81 posted on 06/15/2022 5:18:22 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Mr. K

Good for you. I would have laughed in their face as I grabbed a handful of candy on my way out.


82 posted on 06/15/2022 5:18:39 PM PDT by atc23 (The Matriarchal Society we embrace has led to masks and mandates and the cult of "safety")
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To: Texan5

” I’ll get a new set of all-terrain tires for it-all at a fraction of what I’d pay in the city “

That part I don’t understand. Often more competition and volume drives prices down. But I order tires from TireRack and other online sources anyway.


83 posted on 06/15/2022 5:20:57 PM PDT by steve86 (Prophecies of Maelmhaedhoc O'Morgair (Latin form: Malachy))
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To: central_va
"If fuel gets to 8 or 9 bucks I will be able to get a slightly used F-350 for around $10,000 or less."

Looks like a good plan, if you have local work to do with it. I'm going to build a little ultralight trailer to haul a few tools at times with a luxury car. :)

84 posted on 06/15/2022 5:28:53 PM PDT by familyop ("For they that sleep with dogs, shall rise with fleas" (John Webster, "The White Devil" 1612).)
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To: EnderWiggin1970

We are in a Recession now if you use the standard of two quarters of declining GDP and don’t cook the books to not show it. First quarter was down and this quarter ending now is down unless you alter standards to make it appear otherwise.


85 posted on 06/15/2022 5:29:35 PM PDT by KC Burke (If all the world is a stage, I would like to request my lighting be adjusted.)
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To: Mount Athos; JonPreston
You have that backwards. I have a paid off 2017 Ford Focus ST with 31,000 miles on it. 33 average MPG. New tires and new brake pads. Clean. Not a scratch.

I get cash offers almost every day for it. I might keep it another year. At this rate, I may sell it for more than I paid for it - of course, with Bidenflation, what I paid for it is 2017 dollars - but still .

The new car market is going to crash too. Good used cars will be King. No one can afford a 100 thousand dollar F150.EV’s are a pipe dream since there’s no infrastructure for them. Only a liberal thinks producing electricity can be done with unicorn farts and just wait till EV buyers figure out when you hit your limit on charge cycles, you basically just throw the car away. You don’t just pop the hood and throw in a new battery and drive away.

86 posted on 06/15/2022 5:33:06 PM PDT by atc23 (The Matriarchal Society we embrace has led to masks and mandates and the cult of "safety")
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To: oldasrocks
302 Maverick Grabber.

Sweet ride. Ford should bring that back but they won’t because they’re committed now to only EV starting in 2030 or something

87 posted on 06/15/2022 5:37:28 PM PDT by atc23 (The Matriarchal Society we embrace has led to masks and mandates and the cult of "safety")
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To: central_va

Me too


88 posted on 06/15/2022 5:38:40 PM PDT by atc23 (The Matriarchal Society we embrace has led to masks and mandates and the cult of "safety")
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To: steve86

The mechanic’s son manages a discount tire shop in the next county-that is where the tires will come from-I would order from TireRack-I priced them there before I looked anywhere else-but tires are something I like to see before I pay-I guess I’m just weird that way...


89 posted on 06/15/2022 5:40:38 PM PDT by Texan5 ("You've got to saddle up your boys, you've got to draw a hard line"...)
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To: American Number 181269513
What?

You mean all those people conned into living in those swarms of multi-level, multi-unit apartment buildings with limited parking spaces and no individual charging facilities aren't running out buying electric cars?

They heard gas lines were bad. Just wait.

90 posted on 06/15/2022 5:43:50 PM PDT by lewislynn (The Murdochs might be citizens but they aren't true blue Americans.)
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To: American Number 181269513

I’m glad I sold my older vehicles when I did. Lost very little on a Jeep (almost seven years old) and truck (almost six years old). Total depreciation between the two was about $8600. I did pay MSRP for a new Subaru, but even during a buyers’ market, the best I could expect was a little over $1000 off MSRP. There’s only one dealer within hundreds of miles, so playing one against another is not an option.


91 posted on 06/15/2022 5:58:58 PM PDT by AlaskaErik (In time of peace, prepare for war.)
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To: Brown Bag Special
Wouldn’t that alone make used vehicles more valuable

I have a 2016 Mazda CX5. In December, KBB said it was worth $17,000.00 give or take. I recalculated today and it came out to $21,800.00. It cost me $26,000.00 new, six years ago.

92 posted on 06/15/2022 5:59:37 PM PDT by cll (Serviam!)
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To: American Number 181269513

The word does not mean what they think it means.


93 posted on 06/15/2022 6:23:26 PM PDT by Eagles6 (Welcome to the Matrix . Orwell's "1984" was a warning, not an instruction manual.)
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To: cll

I have a 2016 Ram 3500, worth 15k more than I paid for it new. Not giving it up though, couldn’t replace it... cheaper to keeper.


94 posted on 06/15/2022 8:19:31 PM PDT by Brown Bag Special (Trust but VERIFY)
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