Posted on 12/03/2016 8:15:15 AM PST by Lorianne
“Price” is a function of supply and demand with an understanding of currency devaluation.
CURRENCY:
Easy credit certainly contributes to prices as the government continues to “print” money through credit instruments at the Federal Reserve. This will continue until the ultimate collapse of the dollar. (Insert economics discussion here.)
DEMAND:
Too many Millenials think an enviable car is THE most important thing. They put a lot of peer pressure on each other about it. They care not for house or home, but ohhhh what a ride! (Insert sociology discussion here.)
SUPPLY:
Government regulations and labor unions prevent the market from adapting in the way suggested. It will not happen. The socialist mindset is so deeply entrenched in the minds of the people that they could never imagine a free market, the kind of free market that might allow the manufacture and sale of such simple and affordable cars. (Insert political philosophy discussion here.)
Thanks Lorianne for posting this.
Rent a car.
Its cheaper than owning it outright. If you need one for vacations or out of town trips, even if you rent by the week, you still come out ahead.
Insurance and maintenance costs are the rental car company’s problem not yours.
'94 F-150..Cherry also.
One of the more irritating thing to me about new cars is that bad leather has chased out good fabric. Cheap, embossed leather “seating surfaces” with matching vinyl predominating. You can’t find anything cloth but that stupid velour mouse fur. I’ve owned cars with factory tweed upholstery, factory corduroy upholstery, even a VW with plaid. They had warmth and character. The new ones don’t, whether “leather” or fabric.
You almost need to a electrical/mechanical engineer with a PHD to work on anything built after 2010.
I have always been a diesel truck guy, but I will never buy another new diesel ... WAAAAAAAY to much junk on the engines and exhaust.
The other big problem I see with all the optional stuff they stick inside the cars/trucks is the major distraction these things cause, increasing potential for accidents, especially with young drivers.
Throw in a ton of factory/dealer training too.
The days of working of stuff for yourself are mostly over.
My 2016 Tacoma is plenty for me. It’s one of the few manuals in the SE and not too loaded on gadgets.
Maybe tomorrow or Monday I will see about putting a starter on my 79 K5 blazer.
“Low cost cars are impossible to find and even the used car market is suffering.”
Thank “cash for clunkers” in part, for this situation.
We pay cash for our cars and keep them until their last dying breath...
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