Car prices are scary high

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Maybe the solution is not buy an Audi. I bought a new Hyundai SUV last year for about $27k. Probably not the car OP wants, but it has a ton of safety features that you have to pay extra for in some other cars and I’m happy.

Hyundai costs 50% more too.

It’s nuts. I was looking at Chevys the other day and was floored. The same thing.

Costco usually has a good special stackable incentive on GM cars late in the year. I hear they also have some pricing you can get any time...but don't know how it works. You might review Certified Pre-Owned Vehicles. If you are in a lease-heavy market, those can be good deals with very low miles.

[Anonymous]

Anonymous wrote:The world has gone mad. I don't understand where everyone is conjuring up all this money from. We do alright, but OMG.

This. I think there are a lot of people living on credit.

[Anonymous]

Anonymous wrote:The swamp has destroyed the value of the dollar. Actual inflation using the traditional pre 2000s formula before they changed it to the manipulated bs formula is twice the cpi. When they release cpi figures double it to understand reality. When they say 3.5 percent it is really 7 percent. This underlying reality is why the country is miserable. The consequences will be dire in that the best case scenario is decades of stagflation politically. The only other roads are way worse.

Please discuss.

[Anonymous]

One of my cars is close to qualifying for historic tags. 😂

The “new” car is 16 or so.

I agree car prices are crazy high. We held onto these relics party because the pandemic car prices were too high for our taste.

We will probably get a $30k car and pay cash.

[Anonymous]

Anonymous wrote:Maybe the solution is not buy an Audi. I bought a new Hyundai SUV last year for about $27k. Probably not the car OP wants, but it has a ton of safety features that you have to pay extra for in some other cars and I’m happy.

Op paid $28K in 2017. Obviously not an Audi.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The world has gone mad. I don't understand where everyone is conjuring up all this money from. We do alright, but OMG.

This. I think there are a lot of people living on credit.

Nope. It’s stocks.

[Anonymous]

Inflation, parts are difficult to find if you can even find them, and the government legislature requiring auto manufacturers to build the green cars (which citizens are not buying).

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The world has gone mad. I don't understand where everyone is conjuring up all this money from. We do alright, but OMG.

This. I think there are a lot of people living on credit.

Nope. It’s stocks.

It’s both. Drive by crappy apartment complexes and many cars parked there are worth $40-50k or more. People are terrible with money.

[Anonymous]

A small Chevy or Hyundai SUV with very little options is what people buy.

Chevy Trax or Hyundai Kona are pretty cheap like 22k

[Anonymous]

I work in a bank shocking how many people take out auto loans.

Unless it is a deal in interest rate who in right mind borrows at 8 percent to buy a used car.

They do it all the time

[Anonymous]

I'm in a few facebook groups for owners/potential owners of certain cars that we might buy for our next family car. It is shocking to me how many of the posters will post photos of them with their brand new, top trim $50-60k car parked in front of their $hit $hack. Its been eye opening for sure.

[Anonymous]

You guys know that term “return my car” had a hit an all time high on Google? These searches are often used to get a snapshot of the economy and consumer. The craziness, whoever signed up for it, will come to roost. It’s crazy to borrow close to 8% on a car that is loosing value so fast. A lot of broke people took out loans that they shouldn’t have.

[Anonymous]

We just got a used Escape for 4 grand to be a second run-around car.

Just buy used and not these luxury cars.

They are charging those prices because the rich can pay for them easily.

Opt out of that game.

[Anonymous]

So what do you think of my Audi Q7, 40k miles, 2019, for $20k? (I want to downsize to Audi Q5 or A6)

[Anonymous]

I want to get a new car but my 10 year old sedan hasn't given me trouble and has most of the safety features cars today have. I'm looking for a bit more comfort but I totally agree that it feels like you're getting way less bang for the buck and that my income hasn't caught up and I even job-hopped during the pandemic!