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I have to ask everybody, WTH is going on? How and why is this happening at such an incredible pace? Today must of been new car day or something, because it seemed like everywhere I turned my head on the road, there were new cars left and right!
And 69% of them are mid sized sedans.
And despite the manufacturer, they look, feel, drive, and perform almost exactly the same.
Almost every automaker or brand has had a very good 2013 to date. There are signs of softening demand right now, but I am not surprised there are so many new cars on the road. They have been predicting for some time that as the recession eased people would start buying cars again.
People's cars get wrecked, stolen, worn out or are trading gas guzzlers in. For all you know 80% of those cars are leases and there are people who want new every 3 years
Yup. Good friends of mine just bought a new Passat, because their '01 Volvo was starting to cost more per month to keep running than the payments on a new car. Last straw was when, this past weekend, the car broke down on the interstate and had to be towed home. Turns out the parking brake on the driver's side ate itself inside the rear drum and the entire rear hub assembly and brakes had to be replaced. I pulled off the rotor/drum assembly and the parking brake parts all fell out, mangled and broken:
As I tell people, "I owned a Volvo--ONCE!".
(Translation=Never again)
Location: God's Gift to Mankind for flying anything
5,921 posts, read 13,855,132 times
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Quote:
Originally Posted by Merc63
I pulled off the rotor/drum assembly and the parking brake parts all fell out, mangled and broken:
From what it *looks* like, the last person, to look at the brake parts, before *you*, was probably the one who put it all together when it was being built ...
OP, you realize that country, in its entirety, was well trained to buy new, and buy and buy?
Also, some get hit by depression, some get rich off it.
Also, young generation, one that was brainwashed enough to lose any sense of reality and frugality, kicks in and buys and buys.
What's new? Isn't it "good for economy"? Here, China is swapping housing market like it's a nice candy to lick. China and India. Pakistan. They got money. Next time you see a new car, check the driver. Asian or Hindu, right?
Interest rates are still way low. Between that and the 2014s just arriving, it's an ideal time to buy new and get a smoking deal, if you know what you're doing.
Americans doing what they do best, spending money that isn't theirs.
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