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Old 11-22-2019, 08:54 PM   #1
stevieray stevieray is offline
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Yeah the V6 model. That is not apples to apples comparison.
Doesn't even count wages not keeping up with prices.
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Old 11-22-2019, 09:10 PM   #2
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Doesn't even count wages not keeping up with prices.
Biggest reason cars have crazy price tags is that everyone is ok taking out a huge loan to buy a new vehicle. These 6 and 7 year loans have increased base prices of new cars because many Americans just think these loans are normal now.
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Old 11-22-2019, 09:11 PM   #3
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Biggest reason cars have crazy price tags is that everyone is ok taking out a huge loan to buy a new vehicle. These 6 and 7 year loans have increased base prices as cars because many Americans just think that's normal now.
No, it is because they got the huge bail out and then once they had paid back the loans they never brought the prices back down to the normal range.
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Old 11-22-2019, 09:23 PM   #4
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No, it is because they got the huge bail out and then once they had paid back the loans they never brought the prices back down to the normal range.
But mostly because many Americans are ok with having car payments that are as much as their mortgage. Why have lower prices if people are ok just taking loans for the price you're asking? The consumer has let car prices get crazy in the last decade.
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Old 11-22-2019, 09:35 PM   #5
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But mostly because many Americans are ok with having car payments that are as much as their mortgage. Why have lower prices if people are ok just taking loans for the price you're asking? The consumer has let car prices get crazy in the last decade.

Yeah, that's definitely true. You wouldn't have been able to sell a lot of $50,000 trucks before these extended loan terms came about. But now that people are stretching them out to 72 or 84 (!) months, they think "Well $800-900 a month isn't so bad..."

Dude, you're going to buy a $50,000 truck and end up paying like $75,000
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Old 11-22-2019, 10:07 PM   #6
stevieray stevieray is offline
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Yeah, that's definitely true. You wouldn't have been able to sell a lot of $50,000 trucks before these extended loan terms came about. But now that people are stretching them out to 72 or 84 (!) months, they think "Well $800-900 a month isn't so bad..."

Dude, you're going to buy a $50,000 truck and end up paying like $75,000
let alone the insurance....


I haven't had a car payment since 2006.

Good friend of mine leased a sweet GMC truck..time to return the truck, wanted to give him a lesser model on the new lease for what you quoted. Eight bones. Bought a 2015 Mercedes from an older gentleman with 27k.

It's obscene. Houses used to be these prices.
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Old 11-23-2019, 01:01 PM   #7
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let alone the insurance....


I haven't had a car payment since 2006.

Good friend of mine leased a sweet GMC truck..time to return the truck, wanted to give him a lesser model on the new lease for what you quoted. Eight bones. Bought a 2015 Mercedes from an older gentleman with 27k.

It's obscene. Houses used to be these prices.

Indeed... we also practice 'if we can't pay today then we can't afford it', including with cars. We've still got nice cars.
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Old 11-23-2019, 03:46 PM   #8
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But mostly because many Americans are ok with having car payments that are as much as their mortgage. Why have lower prices if people are ok just taking loans for the price you're asking? The consumer has let car prices get crazy in the last decade.
Saw a commercial the other day for a Lincoln Navigator.

They emphasized the price as $72,000 or $849 a month as if it was some sort of bargain.

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Old 11-23-2019, 08:17 PM   #9
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No, it is because they got the huge bail out and then once they had paid back the loans they never brought the prices back down to the normal range.
No it's because unions along with bad Managment created the stupid cost and the crisis.

They paid back the bail out money with interest ahead of schedule so no idea why people still bitch about it.
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Old 11-22-2019, 10:17 PM   #10
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Biggest reason cars have crazy price tags is that everyone is ok taking out a huge loan to buy a new vehicle. These 6 and 7 year loans have increased base prices of new cars because many Americans just think these loans are normal now.
That's true, and 500-800 dollars on up are normal payments a month.
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Old 11-22-2019, 10:22 PM   #11
stevieray stevieray is offline
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That's true, and 500-800 dollars on up are normal payments a month.
Most people can't afford that.

Or can they?
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Old 11-22-2019, 10:40 PM   #12
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Most people can't afford that.

Or can they?
I hate to ask anyone what they are paying a month for those vehicles, its not my money they can look all nice and pretty driving down the road for all i care,
I suppose someone in the industry can give more input on the money side of that.
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Old 11-22-2019, 10:47 PM   #13
lewdog lewdog is offline
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Most people can't afford that.

Or can they?
If by affording you mean having a shit ton of credit card debt for your monthly other purchases and little to no savings, than yes.
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Old 11-22-2019, 11:04 PM   #14
stevieray stevieray is offline
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If by affording you mean having a shit ton of credit card debt for your monthly other purchases and little to no savings, than yes.
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Old 11-23-2019, 12:40 PM   #15
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Biggest reason cars have crazy price tags is that everyone is ok taking out a huge loan to buy a new vehicle. These 6 and 7 year loans have increased base prices of new cars because many Americans just think these loans are normal now.
Yeah it's ****ing weird how people are ok with 6 years or more of car payments. But people treat car payments as basically just another bill like an electric or gas bill. It's crazy.
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