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Carvana's Algorithm Bought A 7-Year-Old Honda Fit For More Than It Was Worth New...The Verge dives into what is going on with exploding car prices
https://jalopnik.com ^ | February 11, 2022 | By Erin Marquis

Posted on 02/11/2022 11:52:19 AM PST by Red Badger

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To: V_TWIN
I hate buying a vehicle at a dealership like poison

If you can pay cash, negotiation takes on a whole new character.

21 posted on 02/11/2022 12:55:26 PM PST by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: V_TWIN

I actually had a little fun buying from a dealer last year, using “Lundegaard” as a verb, as in “I don’t have time to sit around waiting while you Lundegaard me.”


22 posted on 02/11/2022 12:58:22 PM PST by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: Red Badger

This article made me curious, so I just checked.

I have a 2017 F-250 Super Duty 4x4 with a flex fuel V8. It’s a stripped down commercial package. I only use if for farm related work, and it only has 11k miles on it.

Paid $35k for it brand new off the lot in 2018.

Bluebook for private sale is $50k.

Unbelievable.


23 posted on 02/11/2022 1:02:16 PM PST by Jotmo (Whoever said, "The pen is mightier than the sword." has clearly never been stabbed to death.)
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To: Red Badger

Hondas are really good cars and hold their value well. But anyone willing to pay $20K for a 7 year old Fit needs to seek psychiatric help.


24 posted on 02/11/2022 1:07:16 PM PST by throwthebumsout
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To: qaz123

One of our neighbors in NM had a 77 Bronco, and even 20 years ago people were always trying to buy it from them.

Now I have that happening to me when I go out in my 95 F350 CCLB with the fuel economy special: the 460 V8.


25 posted on 02/11/2022 1:08:30 PM PST by Disambiguator
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To: throwthebumsout

Go out and check the used car lots prices. They are CRAZY!............


26 posted on 02/11/2022 1:10:04 PM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Disambiguator

Brother, anything like that is a magnet. 5 miles to the gallon, be damned


27 posted on 02/11/2022 1:11:55 PM PST by qaz123
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To: Red Badger

It isn’t just cars. We bought a house in 2015 for $221,000. We sold it last month for $385,000. We bought a new house with land and still pocketed $60,000 after putting 20% down.


28 posted on 02/11/2022 1:16:33 PM PST by gop4lyf (Gay marriage is neither. Democrats are the party of sore losers and pedophiles.)
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To: Red Badger

Yeah, but where I’m at, for $4K more you can get a brand new Civic. And yes, they have them in stock.


29 posted on 02/11/2022 1:21:01 PM PST by throwthebumsout
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To: Disambiguator

My dad has a 98 or 99 Dodge longbed diesel and at least once he was offered a blank check for it.

He still has it.

I’d love it except it’s a longbed.


30 posted on 02/11/2022 1:33:47 PM PST by wally_bert (I cannot be sure for certain, but in my personal opinion I am certain that I am not sure.)
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To: qaz123

I guess so!

I picked it up last spring before the car market totally blew up.


31 posted on 02/11/2022 1:34:26 PM PST by Disambiguator
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To: Disambiguator

Put that on eBay motors and see what you’d get for it.

Add that seller has the right to refuse at any time.


32 posted on 02/11/2022 1:38:45 PM PST by qaz123
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To: qaz123

Tell your nephew not to feel too bad.....I feel that way every time I walk out of one of those clip joints after a purchase.


33 posted on 02/11/2022 1:41:34 PM PST by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: Jeff Chandler

“If you can pay cash, negotiation takes on a whole new character”

Yeah there was a time for that, not so much now I don’t think......especially right now. At least not where I’m at.


34 posted on 02/11/2022 1:43:23 PM PST by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: V_TWIN

Nope, we always bought our cars with cash, this time around, no negotiating.

I curse the day they came up with “No Haggle Pricing”.


35 posted on 02/11/2022 1:44:39 PM PST by dfwgator (Endut! Hoch Hech!)
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To: Jeff Chandler
Who wouldn't buy a car from Jerry? Lol!
36 posted on 02/11/2022 1:46:16 PM PST by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: V_TWIN

I think we bought at just the right time. Our car is valued on KBB at several thou more than we paid for it last July 2. And at our age, we may never have to buy another vehicle. So we’re done with car dealers.


37 posted on 02/11/2022 1:48:47 PM PST by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: dfwgator

“I curse the day they came up with “No Haggle Pricing”

Isn’t online car buying e.g. carvana and Zoom like that? The price is what it is?


38 posted on 02/11/2022 1:50:27 PM PST by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: Red Badger

smells like team spirit...


39 posted on 02/11/2022 1:57:47 PM PST by heavy metal (smiling improves your face value and makes people wonder what the hell you're up to... 😁)
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To: qaz123

I want to hang on to it for a bit. The 460 is a great performance platform, and I want to have a little fun (fun, as in stroker kits, cams, etc.).


40 posted on 02/11/2022 2:06:23 PM PST by Disambiguator
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