Posted on 06/05/2017 10:44:07 AM PDT by Lorianne
I hate to sound like the weasel of the group but does this mean I can get a better deal on a car in the next few months? Been procrastinating.
I traded in a Hyundai Accent for a new Kia Rio. I like it. My understanding is that there’s a terrific inventory of low-mileage relatively new cars, a lot from leases that elapsed. Perhaps younger people are taking advantage of the good deals on that inventory.
Hey, weasels need cheap rides too!
The leftover Obamanomics are still with as long as the RINO controlled Congress sits on it’s crony campaign financed, enriched and fat butt.
Current long depressed car sales trend closely tracks Great Depression precursor.
Asset bubbles abound, debt = money wealth, Massive unemployment - what could go wrong?
GD2 on the way.
Buddy can you spare a dollar?
R leases counted as sales?
They want too much money for new cars and trucks...It’s become a rip off to buy new...Then throw in all the taxes.....Ferrget it.
They simply cost too much...they are producing TOO MUCH VEHICLE.
Make them simple and cheaper.
There’s NO WAY $50k for a pickup is reasonable.
The first company to put a $22k pickup on the market (underpowered and without the fancies) will get very, very rich.
5sp transmission, 6 cylinder, PS, PB. Radio, heater and AC. 4WD as a $1,500 option.
You’re done. You’re rich.
Yes. Auto leases are generally counted as auto sales.
The inexpensive, small, light pickup would be great. Ford used to have the F-100, and the Ranger (early Rangers, they got fat after a while), GM the S-10. Keep the towing and payload down a bit and they'll be able to make them cheap. They'll sell like hotcakes. We don't all tow 6000 pound boats around.
I suspect that the crash standards are one of the reasons that they can't make a truck like the old F-100 or the original Ranger any more.
From an old “Ode to my pickup truck” cowboy poem I heard many years ago...
“...and there’s something about a pickup truck with electric windows that’s like blue jeans that zip up the siiide!”
< said with heavy drawl >
Agreed. No way I’m going to buy a new car. Paid $24k for a new Toyota Highlander in 2008 and it’s running perfect with 145,000 miles on it. My neighbor just bought a new Highlander for $52k!
Bottom line...Ya look at the prices of new trucks, and it's laughable. From my perspective, one would have to be a fool to put out that kind of money for a freaking truck.
It’s not just that. There’s first off a glut of cars out there.
Secondly, the cars made have better warranties and quality, so people are keeping them.
Third, price of gas is down so people are buying the SUVs.
4th, economy may be picking up, but it’s not just cars, I think people are still holding off on big purchases.
I’m leasing a Lexus. It due in September. First time I’ve done this, and it’s great, but what do I do come September? Any one have some advice?
Every time I look at the prices... I say FORGET IT! i’ll keep the great car I already own, rather than buy basically the same car at TWICE the price as 7 years ago
They count as the sale of a lease, but not a vehicle.
Depends on your local dealer and what shape his business is in...................
Hey! Let’s do the Kash for Klunkers 2.0!.......................
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