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It worked out well for me;I was due a new vehicle. Got the vehicle 1000 below invoice and 0.9% financing .I priced the same vehcile a year before and couldn't come to a deal.
It worked out well for me;I was due a new vehicle. Got the vehicle 1000 below invoice and 0.9% financing .I priced the same vehcile a year before and couldn't come to a deal.
An old maxim is that a deal that you're happy with is a "good deal".
That said, I'm finding that the discounts aren't nearly enough to keep GM and Chrysler out of bankruptcy. I'm even getting the "oh that's a hot item right now; can't keep any on the lot" crap from sales people. It's this kind of arrogant yet delusional behavior that will keep these businesses in the dumps.
In exchange for giving these losers a warehouse full of cash, the fed should have capped the price of vehicles at $20,000.
In exchange for giving these losers a warehouse full of cash, the fed should have capped the price of vehicles at $20,000.
While this point could be debated I sort of agree with you. The price of average cars in the last 15 years has exploded. I'm talking about cars with the most basic features are just completely out of line on price. Even after discounts and incentives the cars are just not worth the price. When you can buy a car for $30k after discounts and incentives (The sticker price may have been $35k) and drive it off the lot and it's now worth $25k there is seriously something wrong there.
While this point could be debated I sort of agree with you. The price of average cars in the last 15 years has exploded. I'm talking about cars with the most basic features are just completely out of line on price. Even after discounts and incentives the cars are just not worth the price. When you can buy a car for $30k after discounts and incentives (The sticker price may have been $35k) and drive it off the lot and it's now worth $25k there is seriously something wrong there.
I think its actually more indicative of the fact that wages have stagnated for all but the top 5% or so.
While this point could be debated I sort of agree with you. The price of average cars in the last 15 years has exploded. I'm talking about cars with the most basic features are just completely out of line on price. Even after discounts and incentives the cars are just not worth the price. When you can buy a car for $30k after discounts and incentives (The sticker price may have been $35k) and drive it off the lot and it's now worth $25k there is seriously something wrong there.
You hit the nail on the head. Prices are out of line with the public's ability to buy. Now, if that's the way the Big 3 do business, that's their choice. But if they want to do business like this on our dime, then that changes things; we should have the right to demand certain conditions.
I wonder how much the Government-mandated stuff - airbags, OBD-II, 3rd tail light, the current tire pressure monitoring system - add to the cost of acar, compared to something from the 1980s? IMHO by the mid 80's the cars were certainly safe enough and clean enough, and didn't cost so damn much...
I don't know if I'll ever buy a NEW car again...period. After doing it a couple of times I don't think I want anymore of that. I'd rather stick to 1-2 year old used and certified used cars. Basically just let some other sap take the 15-30% of first and/or second year depreciation.
Depends on the financing. If you can get a promotional rate at less than 5% and an extended warranty as part of the program, good deal. I prefer to buy new as I'm aware of the huge profit margins they get out of used inventory.
I had a nephew who worked for a large cadallic dealer. He said that a salesman can make alot more on used cars than new.But I agree that vehicles have gotten out of hand on price.I also liek to buy new unless I know the person and vehicle I am buying.
I wonder how much the Government-mandated stuff - airbags, OBD-II, 3rd tail light, the current tire pressure monitoring system - add to the cost of acar, compared to something from the 1980s? IMHO by the mid 80's the cars were certainly safe enough and clean enough, and didn't cost so damn much...
Certainly a decent amount. they certainly aren't throwing it in there for free. Such is life I suppose, from the government that values adding features over creating better drivers.
I don't really care of what's going to happen to the gasoline-based vehicles.
Everywhere you look, alternative-source cars are being invented.
Electric cars (one of them Zenn ZENN Motor Company ) (no, I don't want to plug it into the traditional power lines to charge it overnight. My own windmill would do).
Now, will our governements allow these vehicles travel on the road? That's the area we all should be lobbying our representatives.
These vehicles will be slower, (maybe), at 30-50 mph. Fewer road deaths, then, too. And it will still get you from point A to point B.
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