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

 
Copperhead

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12/06/2020 12:04 PM

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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Also people just cannot afford the new ones. They are forced to buy used.
 Quoting: Anonymous Coward 79113477


It's the BS of the Trump economy. Bootlickers in the Trump Administration have been fudging the numbers.

Bread lines tell the truth, even in Texas.
 Quoting: Big Duke6


In Biden's America you will be forced into an overpriced electric vehicle, while they crush the old internal combustion "polluters". It will be cash for clunkers on steroids.
Kiska

User ID: 79374341
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12/06/2020 12:11 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
It’s been this way in CA for probably
10 years. The cash for clunkers used car government buyback program took almost all affordable cars off the mkt.
I used to flip like 3 cars a year and go on vacation or buy extra things we wanted.
You really can’t buy much for under 3k, and that’s for a major piece of crap. Super high milelage, no smog, etc.
My sis was looking for something in the 6k range a few years back and that was my eye opener.
Dented, over 200k miles, just ugly cars were available.
She gave up the search and wound up financing and way overpaying for a used car from a lot.
 Quoting: Anonymous Coward 79335938


This!! ^^^

I totally agree. And not only that, but did they just scrap or destroy all those vintage cars (that they couldn’t track so easily)?! I love(d) older cars...

When people ask what I have against Obama, “Cash for Clunkers” is one of the first things of which I make note!
Anonymous Coward
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12/06/2020 12:13 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
In 2006 I bought a 6 year old Tacoma for $7k. This year her underframe finally rusted out bad enough that I needed a replacement (thank you MaineDOT for all the salt).

I have been used car hunting for the past week (usually buy from Florida or the Midwest to avoid rust) and MAN OH MAN...

Ladies and gentleman, hyperinflation is here, we've just not paying attention.

[link to publish.manheim.com (secure)]

[link to publish.manheim.com (secure)]

Used truck prices are going up 30% YEAR OVER YEAR!??!?

Before I retired I would buy and sell used cars yearly with my sons for fun. Finding a car or truck for under $1000 was easy, they seemed to be everywhere. In fact I've bought several cars under $500 that ran and drove fine. Don't know what happened but seems like you can't find anything now for less than $2k, and even then it's a gamble.
 Quoting: russianbot2020


On CarGurus I got a Sebring 04 Convertible with 67k miles for 3k (out the door).

They wanted 3.5k but I threatened to walk out.
Pres-Elect Centurionx

User ID: 79278691
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12/06/2020 12:15 PM

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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Buying new is crazy, especially if you know how to fix em

Loses value the minute you drive the fucker off the lot

Do yourselves a favor and start a new hobby fixing up junkers

Last Edited by Centurionx on 12/06/2020 12:17 PM
Hmmmm...
Anonymous Coward
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12/06/2020 12:19 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
It's what happens when you have to spend 40 to 50 thou for a new piece of junk.
Anonymous Coward
User ID: 8716610
United States
12/06/2020 12:20 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
In 2006 I bought a 6 year old Tacoma for $7k. This year her underframe finally rusted out bad enough that I needed a replacement (thank you MaineDOT for all the salt).

I have been used car hunting for the past week (usually buy from Florida or the Midwest to avoid rust) and MAN OH MAN...

Ladies and gentleman, hyperinflation is here, we've just not paying attention.

[link to publish.manheim.com (secure)]

[link to publish.manheim.com (secure)]

Used truck prices are going up 30% YEAR OVER YEAR!??!?

Before I retired I would buy and sell used cars yearly with my sons for fun. Finding a car or truck for under $1000 was easy, they seemed to be everywhere. In fact I've bought several cars under $500 that ran and drove fine. Don't know what happened but seems like you can't find anything now for less than $2k, and even then it's a gamble.
 Quoting: russianbot2020


It's not hyperinflation.... people are not buying new cars and/or because of the pandemic, car production is at 1/3 from pre-covid levels. Also, truck/suv sales are through the roof because people are moving out of "certain States" and people are working from home long term so they turned in their gas sipping Prius cheese slices since they no longer need a gas efficient car...
Anonymous Coward
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12/06/2020 12:20 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
In 2006 I bought a 6 year old Tacoma for $7k. This year her underframe finally rusted out bad enough that I needed a replacement (thank you MaineDOT for all the salt).

I have been used car hunting for the past week (usually buy from Florida or the Midwest to avoid rust) and MAN OH MAN...

Ladies and gentleman, hyperinflation is here, we've just not paying attention.

[link to publish.manheim.com (secure)]

[link to publish.manheim.com (secure)]

Used truck prices are going up 30% YEAR OVER YEAR!??!?

Before I retired I would buy and sell used cars yearly with my sons for fun. Finding a car or truck for under $1000 was easy, they seemed to be everywhere. In fact I've bought several cars under $500 that ran and drove fine. Don't know what happened but seems like you can't find anything now for less than $2k, and even then it's a gamble.
 Quoting: russianbot2020


Not 100% sure of this but I think the 2006 Tacoma was covered under the bad frame recall where the metal used was poor and led to rust problems. They replaced the frames in the recall.
 Quoting: Michael.


It wasn't bad steel, any steel will rust when exposed to salt. What it was was the use of box frames with a lot of holes in them that allowed water and salt to get inside the frame, and the fact that with a full box frame the steel could be and was a lot thinner that with a "C" channel type frame. Now all of the manufacturers use the the full boxed frame for rigidity, but they also seal it up better and paint the INSIDE of the channel with corrosion resistant paint. I believe Toyota went to full galvanizing of their frames and passed the slavings on to us, because of the hit they took replacing millions of faulty frames when the US government forced them to.
Anonymous Coward
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12/06/2020 12:21 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
new car production is depressed so people having to buy used

also people forced to buy used due to money crunch

supply and demand is all

I noticed it months ago buying a truck.
 Quoting: Anonymous Coward 78526257


Seconded.
 Quoting: TXP


Thirded. We'd gone days without someone screaming hyper-inflation. Much easier to do that than think about other factors.
Kiska

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12/06/2020 12:21 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Buying new is crazy, especially if you know how to fix em

Loses value the minute you drive the fucker off the lot

Do yourselves a favor and start a new hobby fixing up junkers
 Quoting: Pres-Elect Centurionx


You’re so right. I’ve only bought one brand new car ever. And that was due to financing rates @ that moment.

Really wish I had the “fixing” skills! Would love to restore some of the older “muscle” cars.

My fave!!
Anonymous Coward
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12/06/2020 12:21 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
In 2006 I bought a 6 year old Tacoma for $7k. This year her underframe finally rusted out bad enough that I needed a replacement (thank you MaineDOT for all the salt).

I have been used car hunting for the past week (usually buy from Florida or the Midwest to avoid rust) and MAN OH MAN...

Ladies and gentleman, hyperinflation is here, we've just not paying attention.

[link to publish.manheim.com (secure)]

[link to publish.manheim.com (secure)]

Used truck prices are going up 30% YEAR OVER YEAR!??!?

Before I retired I would buy and sell used cars yearly with my sons for fun. Finding a car or truck for under $1000 was easy, they seemed to be everywhere. In fact I've bought several cars under $500 that ran and drove fine. Don't know what happened but seems like you can't find anything now for less than $2k, and even then it's a gamble.
 Quoting: russianbot2020


On CarGurus I got a Sebring 04 Convertible with 67k miles for 3k (out the door).

They wanted 3.5k but I threatened to walk out.
 Quoting: Anonymous Coward 69884735


You'll have problems, lol.
Anonymous Coward
User ID: 79729786
United States
12/06/2020 12:25 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
In 2006 I bought a 6 year old Tacoma for $7k. This year her underframe finally rusted out bad enough that I needed a replacement (thank you MaineDOT for all the salt).

I have been used car hunting for the past week (usually buy from Florida or the Midwest to avoid rust) and MAN OH MAN...

Ladies and gentleman, hyperinflation is here, we've just not paying attention.

[link to publish.manheim.com (secure)]

[link to publish.manheim.com (secure)]

Used truck prices are going up 30% YEAR OVER YEAR!??!?

Before I retired I would buy and sell used cars yearly with my sons for fun. Finding a car or truck for under $1000 was easy, they seemed to be everywhere. In fact I've bought several cars under $500 that ran and drove fine. Don't know what happened but seems like you can't find anything now for less than $2k, and even then it's a gamble.
 Quoting: russianbot2020


On CarGurus I got a Sebring 04 Convertible with 67k miles for 3k (out the door).

They wanted 3.5k but I threatened to walk out.
 Quoting: Anonymous Coward 69884735


You'll have problems, lol.
 Quoting: Anonymous Coward 8716610

Yep, whoever unloaded it was having problems with the transmission and or engine. He spent 3000 on the car but the transmission will cost 4 grand to replace, the engine around 6
Anonymous Coward
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United States
12/06/2020 12:31 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Also people just cannot afford the new ones. They are forced to buy used.
 Quoting: Anonymous Coward 79113477


It's the BS of the Trump economy. Bootlickers in the Trump Administration have been fudging the numbers.

Bread lines tell the truth, even in Texas.
 Quoting: Big Duke6


In Biden's America you will be forced into an overpriced electric vehicle, while they crush the old internal combustion "polluters". It will be cash for clunkers on steroids.
 Quoting: Copperhead


the metal will all be sent to china, india & pakistan for the belt & road, just like the WTC and now the cruise ships
Anonymous Coward
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United States
12/06/2020 12:32 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
In 2006 I bought a 6 year old Tacoma for $7k. This year her underframe finally rusted out bad enough that I needed a replacement (thank you MaineDOT for all the salt).

I have been used car hunting for the past week (usually buy from Florida or the Midwest to avoid rust) and MAN OH MAN...

Ladies and gentleman, hyperinflation is here, we've just not paying attention.

[link to publish.manheim.com (secure)]

[link to publish.manheim.com (secure)]

Used truck prices are going up 30% YEAR OVER YEAR!??!?

Before I retired I would buy and sell used cars yearly with my sons for fun. Finding a car or truck for under $1000 was easy, they seemed to be everywhere. In fact I've bought several cars under $500 that ran and drove fine. Don't know what happened but seems like you can't find anything now for less than $2k, and even then it's a gamble.
 Quoting: russianbot2020


On CarGurus I got a Sebring 04 Convertible with 67k miles for 3k (out the door).

They wanted 3.5k but I threatened to walk out.
 Quoting: Anonymous Coward 69884735


You'll have problems, lol.
 Quoting: Anonymous Coward 8716610

Yep, whoever unloaded it was having problems with the transmission and or engine. He spent 3000 on the car but the transmission will cost 4 grand to replace, the engine around 6
 Quoting: Anonymous Coward 79729786


I have a friend who bought a 2005 Ford taurus with 87k. He thought he got a great price, 2k, but I told him that those cars had very weak transmissions...sure enough, within 6 months, the transmission went out. Apparently, Ford skimped on the diameter of the drive shaft splines that went into the torque converter. The fix was simple but the transmission needed to come out which is a PITA on a front-wheel drive car. $1800 fix. He could have avoided the car by googling the taurus.
Anonymous Coward
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12/06/2020 12:32 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Its because the Canadian border has been closed.

That's where the used car guys get/import all their used cars.

They get them from Canada for cheap since the US dollar is stronger and then sell them for a profit.

But the borders have been closed.
Anonymous Coward
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12/06/2020 12:34 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Do you know how many older cars were removed from market during cash for clunker govt' program?

Supply and demand....they removed the supply, demand was the same and higher.....higher prices were a given.

There is no such thing as receiving something for nothing.
 Quoting: Anonymous Coward 78129331


I did that
ohappy
Anonymous Coward
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12/06/2020 12:40 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Toyota trucks, any year, and any Camry from 1992 to present are almost impossible to buy... they're essentially bullet-proof and because of this covid crap, people have abandoned the image-conscious attitude.
Victor KrugerModerator
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12/06/2020 12:59 PM

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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
It's because public transportation is not available. Its due to covid.
NasTraDooMis

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12/06/2020 01:25 PM

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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Don't know what happened but seems like you can't find anything now for less than $2k, and even then it's a gamble.
 Quoting: russianbot2020


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
 Quoting: Anonymous Coward 79264046

PROBABLY A CRAPPY 883 SPORTSTER , LOL !

capsrage2
Just passing thru.
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NasTraDooMis
Square peg

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12/06/2020 01:27 PM

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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
In 2006 I bought a 6 year old Tacoma for $7k. This year her underframe finally rusted out bad enough that I needed a replacement (thank you MaineDOT for all the salt).

I have been used car hunting for the past week (usually buy from Florida or the Midwest to avoid rust) and MAN OH MAN...

Ladies and gentleman, hyperinflation is here, we've just not paying attention.

[link to publish.manheim.com (secure)]

[link to publish.manheim.com (secure)]

Used truck prices are going up 30% YEAR OVER YEAR!??!?

Before I retired I would buy and sell used cars yearly with my sons for fun. Finding a car or truck for under $1000 was easy, they seemed to be everywhere. In fact I've bought several cars under $500 that ran and drove fine. Don't know what happened but seems like you can't find anything now for less than $2k, and even then it's a gamble.
 Quoting: russianbot2020


Remember Cash for Clunkers?
If it is done with courage, it leads a heart home.~Sheila Moon

And by and by Christopher Robin came to the end of things, and he was silent, and he sat there, looking out over the world, just wishing it wouldn't stop.

A.A. Milne
NasTraDooMis

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12/06/2020 01:28 PM

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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Cash for clunkers and Obama happened.
 Quoting: Anonymous Coward 74858174

I believe that was George Bush's responsibility.
Just passing thru.
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NasTraDooMis
sandyman

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12/06/2020 01:33 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
new car production is depressed so people having to buy used

also people forced to buy used due to money crunch

supply and demand is all

I noticed it months ago buying a truck.
 Quoting: Anonymous Coward 78526257


/endthread
Anonymous Coward
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12/06/2020 01:40 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
In 2006 I bought a 6 year old Tacoma for $7k. This year her underframe finally rusted out bad enough that I needed a replacement (thank you MaineDOT for all the salt).

I have been used car hunting for the past week (usually buy from Florida or the Midwest to avoid rust) and MAN OH MAN...

Ladies and gentleman, hyperinflation is here, we've just not paying attention.

[link to publish.manheim.com (secure)]

[link to publish.manheim.com (secure)]

Used truck prices are going up 30% YEAR OVER YEAR!??!?

Before I retired I would buy and sell used cars yearly with my sons for fun. Finding a car or truck for under $1000 was easy, they seemed to be everywhere. In fact I've bought several cars under $500 that ran and drove fine. Don't know what happened but seems like you can't find anything now for less than $2k, and even then it's a gamble.
 Quoting: russianbot2020


2k is a steal. Nothing under 4k in my area and it's been that way for several years! Even the state adjusted their bottom $ upwards for sales tax because cars under 2k just didn't exist anymore.
Rorschach Watchmen

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12/06/2020 01:48 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
There is some deals to be had, just gotta search.

I picked up a 99 Tacoma extended cab, rebuilt engine and new clutch, 12 miles on the new rebuild. 220k on the frame, but here in the PNW no rust to worry over. I’ve been driving her to work the last couple days now, I like it more than my 2019 wrx. Loving this truck
“When you’re dead you’re dead, but you’re not quite so dead if you contribute something”

-John Dunsworth
Anonymous Coward
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12/06/2020 01:49 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
1. Almost all the cars made during the GFC fell apart
2. Pre GFC designed cars, are old enough now to need expensive repairs like whole exhaust worth more than the vehicle.
3. Car Auctions and Dealers to make money have created the 3k floor for piles of parts
 Quoting: Anonymous Coward 42021967


My car is almost 20 years old. I bought it used just a couple of years old. I spent 2k on it last year getting it back up in tip top running condition. Considering this is a well made car to start with, still in good condition inside and out, it was well worth the money spent. Even the service guy asked if I wanted to sell it. No thanks I like it. No car payment for me and I trust that car enough to take it across several state lines.

When buying used cars, it pays to do your research and don't base your choice on looks alone.
Anonymous Coward
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12/06/2020 01:53 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Cash for clunkers and Obama happened.
 Quoting: Anonymous Coward 74858174

I believe that was George Bush's responsibility.
 Quoting: NasTraDooMis


You would be wrong. That was signed by Obama in June of 2009.
Anonymous Coward
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12/06/2020 01:55 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Toyota trucks, any year, and any Camry from 1992 to present are almost impossible to buy... they're essentially bullet-proof and because of this covid crap, people have abandoned the image-conscious attitude.
 Quoting: Anonymous Coward 8716610


I can attest to the Camry being bullet proof! Figuratively of course.
Anonymous Coward
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12/06/2020 02:02 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
...


On CarGurus I got a Sebring 04 Convertible with 67k miles for 3k (out the door).

They wanted 3.5k but I threatened to walk out.
 Quoting: Anonymous Coward 69884735


You'll have problems, lol.
 Quoting: Anonymous Coward 8716610

Yep, whoever unloaded it was having problems with the transmission and or engine. He spent 3000 on the car but the transmission will cost 4 grand to replace, the engine around 6
 Quoting: Anonymous Coward 79729786


I have a friend who bought a 2005 Ford taurus with 87k. He thought he got a great price, 2k, but I told him that those cars had very weak transmissions...sure enough, within 6 months, the transmission went out. Apparently, Ford skimped on the diameter of the drive shaft splines that went into the torque converter. The fix was simple but the transmission needed to come out which is a PITA on a front-wheel drive car. $1800 fix. He could have avoided the car by googling the taurus.
 Quoting: Anonymous Coward 8716610


Ever since China was allowed in the WTO, which was in the early 2000's I believe, our markets were flooded with cheap (in both respects) parts. No surprise quality went down everywhere even in the car industry where companies were trying to save a buck and increase profits.
If you want quality, you are going to have to pay for it. Another reason I'm keeping my car til it freaking dies.
BRIEF

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12/06/2020 02:12 PM

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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Buying new is crazy, especially if you know how to fix em

Loses value the minute you drive the fucker off the lot

Do yourselves a favor and start a new hobby fixing up junkers
 Quoting: Pres-Elect Centurionx


Not everyone views a car as an investment...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
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12/06/2020 02:14 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
Also people just cannot afford the new ones. They are forced to buy used.
 Quoting: Anonymous Coward 79113477


It's the BS of the Trump economy. Bootlickers in the Trump Administration have been fudging the numbers.

Bread lines tell the truth, even in Texas.
 Quoting: Big Duke6


^^Retard.
Trump helped the economy by boosting business, lowest unemployment in history and low taxes.
It is the Leftist reaction to the orchestrated covid "crisis" that is destroying the economy.
Just wait and see what Biden does.
Their plan is to destroy the economy in order to "reset" it with government takeovers.
Unclefungus

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12/06/2020 02:17 PM
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Re: WHAT THE H-E-DOUBLE-HOCKEY-STICKS IS GOING ON WITH USED CAR PRICES??!?
I wonder how my people being hurt financially by the Scamdemic, have sold their newer vehicles and paid cash for a older model?

Has anyone noticed the lack of Christmas lighting on single family homes?
I’m a long haul truck driver and nationwide I’ve noticed this phenomenon.
I wear shoes





GLP