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I'm surprised. I know the average age and accumulated miles of the US auto population is at an all time high, but I'm surprised people have the resources to buy.
1 posted on 02/01/2013 4:56:20 PM PST by nascarnation
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To: nascarnation

You do if you’re receiving government benefits and have someone else living with you in the same household footing bills whose income you didn’t report when you applied for them...


2 posted on 02/01/2013 4:59:24 PM PST by jsanders2001
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To: nascarnation

Yeah, huh. I just put a new fuel pump in my 1999 Ranger last Friday. Not the whole works—just the pump. It was all I could afford.


3 posted on 02/01/2013 5:03:27 PM PST by bigheadfred
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4 posted on 02/01/2013 5:06:19 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: nascarnation
but I'm surprised people have the resources to buy.

..people want to take advantage of tax laws for 2012...2013 brings OBAMAWORLD taxes...they pulled their money out in 2012

5 posted on 02/01/2013 5:13:31 PM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: nascarnation
The last thing I did last year was replace my 11 year old van with a new AWD Outback that's more capable and gets much better gas mileage. It's also supposed to be as reliable or better than the van, which is good since I don't think I'll be able to replace or fix it again any time soon.

I might not have made the trade if Romney would have won instead of obama. As it is, I'm preparing for the worst and this was spend money to save money while I still find the money to replace an old 18 mpg van.

Fortunately, this OB has been awesome and came with no buyer's remorse whatsoever. I wish I had traded sooner.

6 posted on 02/01/2013 5:21:46 PM PST by GBA (Here in the Matrix, life is but a dream.)
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To: nascarnation

Let’s see how many are buying next year after paying $20,000+ for health insurance.


8 posted on 02/01/2013 5:27:18 PM PST by steve86 (Acerbic by Nature, not Nurture™)
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To: nascarnation

Betcha more than half of the sales were within that 50 miles radius of D.C. !!

Can we learn the where?


11 posted on 02/01/2013 5:35:02 PM PST by George from New England (escaped CT in 2006, now living north of Tampa)
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To: nascarnation

Those who can afford it will find new cars unbelievably good all around, very enticing.

The top-selling vehicles in most categories are ‘can’t go wrong’ choices.

http://www.goodcarbadcar.net/2013/01/2012-usa-auto-sales-rankings-by-model7.html


12 posted on 02/01/2013 5:43:01 PM PST by jjotto ("Ya could look it up!")
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To: nascarnation
Auto sales can also defensive. Kind of like an AR-15...gotta be able to shoot, gotta be able to move your people.

Not surprised at all.

Brass and full metal jacket lead are the rarest of metals.

Saddle up boyz...Obama is coming for us soon!

13 posted on 02/01/2013 5:47:20 PM PST by RoosterRedux (Get armed, practice in the use of your weapons, get physically fit, stay alert!)
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To: nascarnation

Did Uncle just purchase a new fleet?


14 posted on 02/01/2013 5:57:13 PM PST by SampleMan (Feral Humans are the refuse of socialism.)
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To: nascarnation

Just bought yesterday. Needed a better option.


15 posted on 02/01/2013 5:57:30 PM PST by Chickensoup (200 million unarmed people killed in the 20th century by Leftist Totalitarian Fascists)
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To: nascarnation

Isn’t there a phenomenon, a hallowed tradition in the auto industry, something called stuffing the pipe?


20 posted on 02/01/2013 6:24:02 PM PST by Bill W was a conservative (Profile, detain, interrogate, deport.)
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To: nascarnation

Trading in vehicles soaked by hurricane Sandy?


21 posted on 02/01/2013 6:24:02 PM PST by Domestic Church (AMDG ...)
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To: nascarnation

Trading in vehicles soaked by hurricane Sandy?


22 posted on 02/01/2013 6:24:22 PM PST by Domestic Church (AMDG ...)
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To: nascarnation

I don’t believe it in the least. About a month ago or so, I wrote an observation about the number of cars and trucks on the dealers lots. The number of cars and trucks on the lots have not gone down, they have increased. They are over flowing the dealer lots and are being parked on adjacent lots and fields. What Government Motors has done is shipped the vehicles to the dealers and counted them as sold. Gigantic management and employee bonuses are in the offing because of the double digit “sales”. Watch the next 6 months and wait for the “unexpected” drop in Government Motors sales.


34 posted on 02/01/2013 7:00:43 PM PST by RetiredTexasVet
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To: nascarnation

A lot of people in the US think happy days are here again and have started to spend money and credit again.

http://www.zerohedge.com/news/2013-02-01/spot-odd-one-out

As for cars, the Volt apparently lost quite a bit of volume in January.


41 posted on 02/01/2013 7:23:41 PM PST by ltc8k6
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To: nascarnation
but I'm surprised people have the resources to buy.

Many really don't. If I read my search engine queries correctly, 25% of all new car loans are subprime. 40% of the used car market is subprime.

44 posted on 02/02/2013 8:24:56 AM PST by EVO X
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To: nascarnation
Buy now, get rid of dollars. Owebama inflation is going to make dollars and debt worthless. By the time this communist has to stand for reelection (if ever), the dollar will depreciate by 50%.
46 posted on 02/07/2013 1:04:05 AM PST by tdscpa
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