We haven't had any real economic growth for decades

[Hoonose]

Originally Posted by psikeyhackr

84,000 and 135,000 both round to 100,000.

I gave rather specific numbers. I provided a link on 18-wheel trucks going far beyond 300,000. With the quantities cars are produced in and eliminating all of the stupid model changes why don't we have great cars at reasonable prices.

Instead we have nitwits buying status symbols and economists who won't even talk about consumer depreciation.

Recently auto resale values have skyrocketed. My 3 y/o Lexus is worth about what I paid, and up for sale as a result.

[ddeemo]

Originally Posted by Hoonose

Recently auto resale values have skyrocketed. My 3 y/o Lexus is worth about what I paid, and up for sale as a result.

No kidding, I have a 3 year old Tesla that is worth a little over $6K more than I paid for it according to KBB valuation.

[psikeyhackr]

Originally Posted by Hoonose

Recently auto resale values have skyrocketed. My 3 y/o Lexus is worth about what I paid, and up for sale as a result.

How would the chip shortage have affected new car prices, which would do what to used cars that are not too old?

Economic fluctuations resulting from COVID disruptions won't alter the effects of physics on machines.

[mojo101]

supply and demand do