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

I have a pristine 2002 F-250 with the 7.3 turbo diesel, no emissions, no need for DEF and they run forever. Pre-2007 Ford diesels are the hot ticket because the lack of emission controls.

My mom has a 2000 Mercury Marquis with a 4.6 overhead cam v-8. In my opinion this is probably the best car EVER made, and I know my cars.

This was the second one she had, the first one had 480,000 miles on it when I sold it for her to get the "new" one, which had less than 70 k on it and was 2 years "newer". She paid three grand.

. That old Ford with 480 k on it was still purring like a kitten, literally, the only thing really wrong with it was the heater core finally rusted out and it shifted into second kind of rough. The most remarkable thing about it was even the exhaust and the paint on it looked virtually new.
No major repairs of any kind were ever made on it.

Well, you cant go wrong with an old ford diesel. The new ones I'd stay away from.

A big part of the reason so many people are willing to pay high dollar for older cars these days is simple really, most people realize the modern cars are money pits.

If you have a pre-2000 vehicle the parts are cheap and there isnt any big electronic clusterfucks on them, and for the most part the average jackwagon shade tree mechanic can repair it himself..
This is what killed Mercedes Benz and BMW resale values BTW, you cant give them away. You can get one for pennies on the dollar, but it will end up costing you as much as you paid for it to get another thousand miles out of it too, generally speaking, because the reason the person unloaded it in the first place is because it needs expensive repairs. These cars WILL NOT START unless the windshield wipers are in working order, for christs sake.

Another thing worth mentioning about used cars is in some cases the designs of cars 20 years old look more "modern" or at least AS modern as brand new ones. For instance, IMO the older version of the Nissan Titan I have looks more modern than the brand new ones, which look more like a 2000 era dodge. Same thing with the Tundra, the new ones look no more modern than the 2007.

If someone asks me what year model my truck is I can say it's 2 years old and NO ONE knows the difference, but it is more like ten.

Interesting, I didn't know about that method of shopping on AutoTrader.

To buy at the dealer auction I believe you have to have some sort of dealer ID or pay a dealer to work with you on it.

Better get something that will survive an emp.

If it comes to that, there will be so few on the road you wont want to be driving one, youll just be target practice

The boxer style is only in the WRX now, used to be in the foresters as well.

And you clearly have no clue what you’re talking about since Subaru and Tacoma are about the best vehicles as far as holding value goes. The WRX is stock 325hp. For a small car that’s quite powerful.

No, the "loan companies" are banks and they print money out of thin air. They send the repo'd cars to the crusher if there isnt a market for it.

If you havent realized yet the banks are here to enslave us more than make money, they certainly wont sell you a cheap repo when they can get you to finance a 15- $30k used/new car.

Wrong. Bush introduced it first.

New cars now cost too much money. A major piece of evidence that proves this is the fact that loan terms are getting longer and longer, even on low-end base models.

If the cars were cheaper, people wouldn’t need to stretch out the loan term so long just to be able to get the payments to fit in their budget. There was a time when people would finance for no more than 36 or 48 months as the payments were affordable.

What dealers want is people trading when they are underwater on their car loans, but the existing car needs repairs or maintenance that is going to cost the equivalent of three or four car payments or more.

The dealer will be only to happy to roll over the old car loan into the new one. The bank or lender makes more money, as the principal balance will be higher, the interest rate will also be higher. The F&I guy in the dealership makes money too, by funneling buyers into specific banks that want to write car loan paper, and there is usually a small commission for doing this.

The dealer wins again because they will be getting a used car that can be fixed cheaply and put out on the lot to expand their inventory of used cars. Because used cars are now in great demand, the dealer can jack up the price to make even more profit. The banks and lenders win too because the loans will be bigger.

The auto industry wins too, because it sells more cars.

The hapless consumer is left with a never-ending cycle of debt, and finding themselves on a treadmill of having to pay more for progressively less.

There is no money in seeing people buy relatively cheap used cars that they can fix and keep on the road. This is why used cars are getting so expensive now, and cheap but functional junker cars are hard to find.

Basically what you’re left with is a situation where you can pay through the nose for a new car for the next six, seven or eight years and suffer 30 - 50% depreciation in the first year of the car’s life. And then repairs after about the fourth or fifth year.

Or you can buy a used car at inflated prices and then pay through the nose for repairs and maintenance, because the mechanical and electronic complexity of cars even five years old makes them expensive to fix.

An associated problem, and this will become more apparent over the next five years, is that globalists want to get people completely out of the business of owning cars and into autonomous taxis, busses and trams to get around. All in the name of non-existent climate change, of course.