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11-21-2019, 10:45 PM | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Tesla Cybertruck
Well, he said it was going to be different.
Starts at $40k, though. That's impressive. |
Posts: 52,457
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11-22-2019, 08:11 PM | #151 |
Psycho Bag Of Squanch
Join Date: Sep 2001
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Posts: 69,591
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11-22-2019, 08:15 PM | #152 |
Veteran
Join Date: Jan 2019
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Posts: 1,525
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11-22-2019, 08:28 PM | #153 |
MVP
Join Date: Feb 2013
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$3300 in 1970 adjusted for inflation is about $23,000 in 2019. A base level Dodge Challenger in 2019 costs around $23,000.
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Posts: 18,420
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11-22-2019, 08:46 PM | #154 |
Admitted Planet Junky
Join Date: Oct 2000
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Posts: 19,409
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11-22-2019, 08:54 PM | #155 |
best in the biz
Join Date: Aug 2000
Location: Under Pressure
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Posts: 72,726
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11-22-2019, 09:10 PM | #156 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Biggest reason cars have crazy price tags is that everyone is ok taking out a huge loan to buy a new vehicle. These 6 and 7 year loans have increased base prices of new cars because many Americans just think these loans are normal now.
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Posts: 46,112
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11-22-2019, 09:11 PM | #157 |
Admitted Planet Junky
Join Date: Oct 2000
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No, it is because they got the huge bail out and then once they had paid back the loans they never brought the prices back down to the normal range.
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Posts: 19,409
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11-22-2019, 09:23 PM | #158 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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But mostly because many Americans are ok with having car payments that are as much as their mortgage. Why have lower prices if people are ok just taking loans for the price you're asking? The consumer has let car prices get crazy in the last decade.
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Posts: 46,112
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11-22-2019, 09:35 PM | #159 | |
Beyond the Rapids
Join Date: May 2003
Location: Langley, VA
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Quote:
Yeah, that's definitely true. You wouldn't have been able to sell a lot of $50,000 trucks before these extended loan terms came about. But now that people are stretching them out to 72 or 84 (!) months, they think "Well $800-900 a month isn't so bad..." Dude, you're going to buy a $50,000 truck and end up paying like $75,000 |
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11-22-2019, 10:07 PM | #160 | |
best in the biz
Join Date: Aug 2000
Location: Under Pressure
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Quote:
I haven't had a car payment since 2006. Good friend of mine leased a sweet GMC truck..time to return the truck, wanted to give him a lesser model on the new lease for what you quoted. Eight bones. Bought a 2015 Mercedes from an older gentleman with 27k. It's obscene. Houses used to be these prices. |
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Posts: 72,726
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11-22-2019, 10:17 PM | #161 |
MVP
Join Date: Mar 2019
Location: KC
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That's true, and 500-800 dollars on up are normal payments a month.
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11-22-2019, 10:22 PM | #162 |
best in the biz
Join Date: Aug 2000
Location: Under Pressure
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11-22-2019, 10:29 PM | #163 |
(Sir/Yes Sir/Aye Aye Sir)
Join Date: Oct 2009
Location: Diving
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Posts: 119,074
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11-22-2019, 10:40 PM | #164 |
MVP
Join Date: Mar 2019
Location: KC
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I hate to ask anyone what they are paying a month for those vehicles, its not my money they can look all nice and pretty driving down the road for all i care,
I suppose someone in the industry can give more input on the money side of that. |
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11-22-2019, 10:47 PM | #165 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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