WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?

I just bought my daughter a Subaru Crosstrek 2021 Limted (top trim level) for 26500 plus tax and fee. A 2019 Subaru with 30 k miles they want 25990 !!! Makes no sense. Carmax was even higher for similar used subies

no Flag = STFU

The US dollar has been in sever decline. Look at a 3 or 6 month chart.
This is why cryptos have skyrocketed.

The world does not want to own USD

BUILD A HARLEY FROM SCRATCH USING EBAY PARTS ...

LIKE I DID...

FOR $1,500

AND YES I BUILT MY HARLEY FOR THAT LITTLE... ALL REBUILT MOTOR FROM NEW PARTS WITH USED CASES AND FLYWHEELS; NEW FRAME AND BUNCH OF BARN BUILT STUFF...

I BOUGHT A PIECE OF CRAP HARLEY FOR A BOAT LOAD OF MONEY YEARS AGO AND ALL OT DID WAS BREAK... I WATCHED EVERY YOUTUBE VIDEO...

THE BEST VIDEO IS THE AUSTRALIAN GUYS SPEAKING AS IF THEY ARE THE CHILTON MANUAL WRITERS ... THAT VIDEO WILL TEACH ANY NOVICE HOW TO BUILD AND MAINTAIN A HARLEY OR VTWIN TYPE LIKE S&S MOTORS...

THAT SAID...

FUCK THE CAR... GET A HARLEY

Really appreciate the info but mine was a 2000 year model.

Lots of urban dwellers buying used cars due to covid....they use to rely on 24/7 public transportation.....BUT now schedules are sporadic, crime is up, and they need to haul lots of groceries.....

I know many NYC friends that went this route.....a few of the liberal ones even confided that it also in case they had to bug out.....

There were several news articles out as far back as 6 months ago. They were talking about the lack of available used cars.
= The lack of inventory has sent used vehicle values and pricing up exponentially.

The huge increase in pricing was being mainly attributed to:

1. Many, many more people have been working from home (for months now) that used to carpool or take public transportation to work. They now are home, the spouse or partner may be using their 1 vehicle and they now need a second (used vehicle).

2. Many, many people and families have been moving out (fleeing) of the metropolitan and city areas to the rural country areas, because of the "peaceful protests" (actually = the violent riots) taking place. Those people also used to rely on public transportation, and now need primary and secondary personal (used) vehicles.


One of the articles also talked about how used car dealers were having a lot of difficulty getting inventory because of the lack of decent used vehicles. The auto-auction house bidding is just too high (the buyers purchasing for Others that they know that need a used vehicle are outbidding the dealers)

I have seen this myself when driving by used dealers (they used to have packed out and sometimes over-flowing with many many used cars on their lots). Now they only have a handful.

Last Edited by FireSteel on 12/06/2020 11:08 AM

I JUST NEED LIKE $1,000 CASH because I am poor

AND SINCE YOU'RE RICH LIKE THAT ...

CAN I HAVE A $1,000

This is correct. Its not hyperinflation or some grand conspiracy.

Prople are holding onto their cars. Think about it. People arent going anywhere so theres less wear and tear and fewer accidents. plus with the economy unpredictable, it is only logical people hold on to what they have for now.

We need a new vehicle as our +10 year old Camry with 200k miles is needing replacement. We have two other vehicles, so were in no rush. The quantity of cars and the quality is junk, unless you buy new.

No reason to panic, but prices are sticky and i dont theyll go down again now that they learned they can price like this and survive.

I was born in 1973 and had a gut feeling the old stupid farts and the middle age work slaves and the stupid ass kids would lose our good cars and trucks, and being even more stupid than I guessed, they elected a groh who literally murdered the old cars by govt order. 40 years of idiot populace results in idiots being upset, wondering why. FUCK THE DMV. I own classic chevy trucks and pay the thousands to jeep them rolling because it is the number one form factor. Go to shitnation and you will see lots of chevy truck from the past. Make American Trucks great again, yhis 40k richboi rolling ford plastic, is not a truck like yesteryear. I hate the common man and woman they are as stupid as fuck

CASH for CLUNKERS destroyed the used car market...Thank the Kenyan!

QUESTION ABOUT NEW YORK ???

SERIOUS ???

I "BUGGED OUT" 20 YEARS AGO AND LIVE DEEP IN THE WOODS OF THE PACIFIC NORTHWEST IN A CABIN WITH A HORSE FOR TRANSPORTATION (besides my harley) AND NOTHING ELSE REALLY (widower)...

THE CALIFORNIANS, TEXANS AND NEW YORKERS HAVE INVADED THE HILLS LIKE RATS RUNNING FROM THE PIED PIPER...

I WAS THINKING ABOUT MOVING TO NEW YORK CITY AFTER WATCHING THIS PAST YEAR ON YOUTUBE... ITS A GHOST TOWN NOW?

QUESTION IS... WOULD YOU RECOMMEND A MOVE TO NEW YORK CITY ???

I AM WHITE; UNDERGRADUATE DEGREE FROM BOISE STATE UNIVERSITY THAT JOE BIDEN THE COMMIE RAT IS GOING TO PAY FOR AFTER THE WALL GETS BUILT ??? AND I AM OBNOXIOUS, LOUD AND RUDE...

SHOULD A WHITE MAN, SINGLE, STRAIGHT, MATURE IN HIS 40'S MOVE TO NEW YORK?

AND RIDE THE HARLEY EVERDAY AS A MAIL COURIER FOOD DELIVERY MALE STRIPPER FOR SINGLE GIRL TYPE OF THING...

SHOULD I DO IT?

25k is still insane.

I sympathize with increasing used car values, but lets not be hyperbolic. Hyperinflation would be used cars (and everything else) raising in price by multiples of thousands, millions, billions, or higher. And no, thats not exaggeration; research hyperinflation.

Also, you can look at the current value of the dollar in the DXY on the stock market, and its value relative to other currencies in FOREX exchanges. You can also look at the current prices of inflation safe haven assets such as gold and silver. While the DXY is slowly declining in value relative to other currencies, its not the lowest its ever been, nor is gold/silver confirming any kind of uncontrolled acceleration in inflation, nor is any FOREX such as the EUR/USD (even though it is slowly rising due to a slow decline in dollar value in the past 2 months or so).

Yup. People leaving cities are looking for cars now.

Fuck off Lefty TDS sufferer.

Correct.

New cars now come with so many bells and whistles - some of them mandated by law - that basic maintenance is more expensive than ever before.

The olden times of do-it-yourself repair are now a quaint memory.

Still have my 90' honda, that shit will still be on the road in 100 years

Ya I just sold a junk mercury grand marquis for 300. Last year nobody wanted to give me more than 75 for it.

No doubt about it OP

I hadn't looked at cars for quite a few years, as mine was still running and had no problems. Until this year, when I decided after it hit 250,000 miles and I'd had it for 8 years I was getting something new. I tried to find trucks in my range, not going to happen. The prices were out of this world. I thought it was just because I hadn't been paying attention for many years, but apparently talking to some other people, this is a fairly recent thing. Prices have skyrocketed in the last 2 or 3 years

I bought a used Jeep instead, and it still set me back way more than I'd have liked, but I got a vehicle now that will last at least another 10 years like my last one.

Last Edited by Irredeemable on 12/06/2020 11:32 AM

Yup very large part of the problem indeed.

older vehicles that are still running are the definition of efficiency.

but they sold themselves the idea that strip mining entire hillsides to create batteries for a toyota pious means they care and are saving the planet.

Used Takomas have been bad for awhile. In November 2018 my transmission went out on my Outback and I wanted a Takoma because I live in the mountains and need 4 x 4 for my driveway, plus I haul gardening/landscaping supplies, and I also need to take my trash to the dumpsters and I don't want that smell in the car. Well, I thought I could get a used one reasonably priced. Turned out that the good used ones with low miles (15-30K) were actually higher than the couple of new 2018s they had sitting on the lot with less than ten miles. Go figure. I bought new (although technically a year old model).

Used car prices always go up during economic uncertainty. People are afraid to buy new so the demand for used goes up. People buy less new so lots try to make more money off used to compensate. This is all pretty standard. That’s why financing deals on new cars are so good right now. They’re essentially begging people to keep that part of the economy going

-Cash for clunkers.
-$30,000 + new car prices
-People don't trust the economy - would you want a $500 car payment?
-Insurance

I bought a mint condition sports car with less than 40k on it for $12 k last october. Deals are out there, just have to look for them.

AN AVERAGE NEW 4X4 PICKUP UP IS 40-50K BUCKS NOW. AND UPTA 90K SO USED PICKUPS ARE GOING TO BE HIGHER BECAUSE OF DEMAND. MOST CAN'T PAY THAT MUCH FOR A NEW TRUCK.

Cash for clunkers and Obama happened.

With 20 to 40 million unemployed and food line, one would think that Repo’s would be skyrocketing putting thousands of cars and trucks on the used car and truck market. Don’t loan companies want their money....

Its because new trucks are so expensive.. not rocket science. No one can afford new so demand for used goes up.