/biz/ - Business & Finance

>>13529627
internet has provided everyone with the ability to anchor to higher prices than shit is actually worth.

New cars are getting outrageously expensive.
(Safety, CAFE standards, etc. Are to blame)
As a result the used car market has increased in demand.

>>13529627

"cash for clunkers"

go read

>>13529627
apparently there's demand for them

>>13529627
wtf is this website ? go on craigslist
but yes, a toyota corolla and camry will hold a high residual value due to reputation, low maintenance cost, reliability and efficiency.

>>13529655
Based and redpilled. Obama is a fucking retard

>>13529660
cars.com

>>13529645
this

Precisely why I bought new. Cars with <100,000 miles on them are going for like $8,000+ anyway. Nigga it'd take me 13 years to put that many miles on my car.

>also I got a demo model ($-4000 because it had 2000 miles on it) and the dealership gave me 750 off for some reason, too.

Are cars really getting that much more expensive? I thought the model T debuted at around the equivalent of $11,000 back in its day. Doubling in price over a 100 years isn't all that bad relative to how hard inflation hit everything else.

New cars are shit tier
The internet educated normies that Japanese cockroach cars are not the unreliable horrors that the jews led them to believe and that buying on credit is essential to existence.

>>13529645
>New cars are getting outrageously expensive.

not really. Quality is getting outrageously bad though

>>13529707
only retards or people money to throw away buy new

>>13529869
Hyundai offers 10 year 100k warranty. If you want higher class just lease. If you want mid range and only want it for a few years, get a truck or v8 sports car to keep it's value. And just hope you don't need to do many repairs. Any decent v8 can shut off cylinders to get good mpg

Bump

inflation

>>13529913
Lol enjoy towing your ride two times per month

>>13529645
>>13529655
Based and redpilled.
everything else is wrong

>>13529655
>cash for clunkers
Yep, I remember turning in complete shitboxes with 4 donuts and getting thousands for them

>>13529655
This

>>13529627
scotty kilmer been shilling toyotas too much now all npc rush buy them

>>13529950
Not true. Let someone else gamble on the riskiest years of the car when things can a do go wrong, along with the initial depreciation. I'll gladly buy 2-3 year old cars with 20-30k miles even if I make it.

>>13529993
who

>>13530044
i literally cant keep up with all these ecelebs

>>13530023
>>13529707
Ford panther body cars are cheap as fuck. Or the equivalent old person luxury cars gm made. The reliability isn't that of Japanese brands but an grandma car with 70k miles for $3k is a steal.

That or police auctions

>>13529627

>>13529950
yeah because buying a junk 30 year old car is the same as buying a 10 year old one.
my current car is a vw touareg . 175k miles, driven 22k of those miles, no issues bought for $4500

>>13529655
Yep, President Halfnog took perfectly good vehicles and destroyed them as a "fuck you" to anyone turning 16.

>>13530202
How would one break free from such a fate?

>>13530246
revolution. we need a system reset. doesn't matter if it's communism or whatever. just a reset will do.

>>13529627
The used market is still recovering from the cash for clunkers program.

>>13530246
by going all in on LINK.

>>13530274
I'm not talking on a mass scale, more on the individual level...

>>13529903
Are you fucking retarded?
>(Yes, you are)
Reliability across all brands is fucking light-years ahead of 90s to early 2000s.
What car to you drive?

>>13530274
Communism is a gay slave mentality ideology stop trying to shoehorn it into every discussion Ivan

>>13529993
Goddamn Kilmer....dudes an idiot.

>>13529655
so did anyone make a lot of money by being fraudulent with the cash for clunkers program? were millionaires made out of this?

>>13529627
The Toyota Corolla is possibly the most reliable car around. 200k+ miles is no problem. These have another 100k left in them.

The fact that they are so new means most of the miles are likely highway miles.

>>13530332
based
>>13530246
see through the degradation, tell people the truth because they seem not to understand what's going on, even if they hate you afterwards at first and gossip about you, eventually they'll see that you were right and they were the clown NPCs and propagate the good meme

>>13529993
scotty kilmer is based

>>13530450
on an individual level theres not much you can do. get into crime or become homeless. thats pretty much your only option. it's inlikely a bank will give you a business loan with no collateral. and you sure as shit ain't gonna buy no $100k house working at a mcjob. so that kinda narrows it down.

>>13530661
forgive the typos I'm positng from my phone.

>>13530661
>
I was thinking more along the lines of working a decent job while not falling into the consumerism meme while investing as much as possible, then retire early...basically disregarding the rat race and trying to maintain the most autonomy as possible, is my line of thinking incorrect?

>>13530508
upcoming years will tell
corrosion resistance is surely better
otoh all the bullshit electronics and cheap components are expensive to maintain and technologically early stage therefore unreliable
boomer boxes could be fixed in backyard or any semi-decent car mechanic

>>13529627
Looks like in the gig economy these shit boxes have their parts priced in them now

>>13529950
Dude i bought a car brand new used, still had warranty and everything. Rich dude just trying to off his sons old car cause he was a dick head kid
Let someone else drive it off the lot and lose all that money and pick it up after.

>>13529627
American cars are so shit that people prefer a 10 yo nip car over them

>>13530966
Stay single and you got the right idea

These are Toyota’s that’s why

>>13529627
toyota tax

>>13529707
>Precisely why I bought new.
yike,
not just yikes, but double yikes

wait, better put in a triple yikes for that level of yikes friend

>>13529655
^
>THANKS OBAMA!

>>13529921
>Hyundai offers 10 year 100k warranty.
bwahhahahhahahh, try cashing in that fucking warranty.

My brother got a brand new Hyundai Elantra in 2005. The engine seized at 2000 miles. They wouldn't honor the warranty because there was a dent on passenger door (the size of someone opening a door into the side or grocery cart) and they said this was proof the car had been in collision and had bent the cars from and thus the car was void of all warranty

>>13529655
At least it keep niggers off the street.

>>13531560
jesus christ you sound like a fucking low iq monkey regurgitating the stale "yikes" meme. Go dip your head in hot boiling oil or stop saying that word.

>>13531601
What ended up happening?

>>13529707
Having a model T was like owning a bentley. And by the time ford ramped out car production it’s main purpose was to make a car everyone can afford. So cars should be the same price adjusted for inflation, if anything cheaper because how available they are and more effiicent production lines(cars arent handbuild assembly lines now)

>>13531601
That’s when you call a lawyer

>>13529655
This

>>13529627
those aren't bad prices for a toyota though, you realize the tires and brakes alone are worth like $500, the used engine is probably worth at least $1000

>>13529950
the argument is that if a car has lasted for 100,000 miles with no issues it will probably keep chugging along, brand new cars sometimes have manufacturer or design defects

>>13531054
You're not wrong.
There's a reason why I only buy NA cars, and refuse to buy any of these FI shit boxes.
Also, anytime a manufacturer calls something "lifelong" (like a coolant for example) they're full of shit. change it at 70k miles
(not directly to you as you seem to know the benefits of simple vehicles, but to anyone else who reads this).
Long live the carb.

>>13531982
We're both wrong (t. that poster posting from home now); I was wrong because the Model T was $18,000 you're wrong because the Model T was not the Bentley of its time, rather a car for the average consumer.

>should be cheaper

The original automobiles were like an engine block on wheels. Cars are incredibly complex machines these days not to mention the electronics woven throughout. The fact I just paid for my car (a 2018 Ford Focus with 2k miles) two thousand less than what a Model T would've cost is pretty crazy all things considered, even if the Focus is a shitty economy car in the end

>>13533036
This is a good point, the Focus from the years 2012-16 or so were notorious for transmission issues and I can literally only take it on faith that these have been addressed in this more recent model or else I've set myself up for an unparalleled justening.

>>13529627
Mexishits flooding our open borders, takin all the cheap cars

>>13529655
This.

>>13530246
Death. Only the void can break those chains.

>>13530044
>who
HE SAID: SCOTTY KILMER

>>13529655
This drove the price of used vans, SUVs and pickup trucks through the fucking roof. Companies took advantage of this and scrapped entire fleets of vans and pickups that could have easily been on the road for another 10 years.

FUCK OBAMA

>>13530546
Companies with fleet vehicles

>>13529627
>$4000 for a car
>expensive
holy shit imagine being this poor

>>13529627
they were never a few hundred dollars

>>13530522
>capitalism and materialisticism are not gay slave mentality ideologies
how about a sustainabilityism and progressivism you primitive gay ape

>>13529627
Same reason for the housing crisis in 2008, really. Cheap subprime auto lending allows anyone with a pulse to purchase clunkers in the 3-12k range. This flood of excess demand that would otherwise be priced out of the market and be forced to ride the bus is now able to buy these trash autos.

>>13529627
>Doesn't have 3k in cash for a used car
Are people this fucking poor these days?

>>13534553
Like 60% of americans dont even have $400 laying around

>>13530246
Going ted mode

>>13529993
Best Youtuber.

>>13534583
3rd world country.

>>13530546
IDK if millionaires were made, but yes there was a lot of fraud. Cars were taken that shouldn't have been, cars were deemed destroyed that weren't actually and then stripped for parts. A LOT of shady shit happened under the program.

>>13529707
Buying new is literally a scam unless money isn't an issue. Better to buy a like-new car that's less than 5 years old and save a good chunk of money.

>>13529993
Rightfully so. Toyota is the most American car company.

>>13533952
I looked into this. Can anyone expand how cash for clunkers is causing car prices to be higher.

>>13534985
Credit Cards my friend

Those cars are valued higher because of the export, they’re wearth more ion africa

>>13534998
I wanted a Toyota Tacoma and nobody gives used ones away, so I bought a new one. With most models buying new doesn't make sense, but only saving 1/3 and getting something a few years old with 100k miles didn't make much sense.

>>13529627
imagine being so absolutely poor that you think $2,500 for a car that runs and drives is a lot of $.

>>13529993
she had a nose job, hadn't she?

>>13535070
What happens when demand stays the same and supply is taken away anon?

>>13529913
Someone has to buy new for your poor ass to buy used.
I do drive used, but no way my ftype-r is going to have someone's ass print when I pick it up.

>>13533095
>the Model T was not the Bentley of its time, rather a car for the average consumer.
Lol
The average consumer did not own a car

>>13529993

>shilling the truth

>>13531504
>>13531483

you can get used camrys and corollas for $2k all day in florida. OP's problem is he is a northcuck and everything rusts to shit

cash for clunkers was ages ago and only affected giant american shitheaps

>>13535070

its not

>>13529645
you know what's up. are you in the car business?