Current Events > We're paying too much for cars.

(+) Yeah! (+)

way too much

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I'm not

Used Corollas ftw

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What do you mean? New cars? Luxury cars? Used cars?

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As EVs become mainstream, they'll be cheaper in comparison to petrol vehicles by far.

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Pitlord_Special posted...

As EVs become mainstream, they'll be cheaper in comparison to petrol vehicles by far.

Until you need to replace the batteries

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Pitlord_Special posted...

As EVs become mainstream, they'll be cheaper in comparison to petrol vehicles by far.

Doesn't seem likely

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My truck costed 55k :(

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Orlando_Jordan posted...

What do you mean? New cars? Luxury cars? Used cars?

everything really

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BlingBling22947 posted...

everything really

You have to think about the baseline level of quality that even economy cars have these days.

Look back to lets say an entry level civic in the 90's. Cheap plastics and cloth used in the cabin, low rent gauges/levers/sound systems/roll up windows/cheap feeling handles, knobs,buttons/sparse safety features/ect..

Yeah that made the cars cheap, but if you compare one side by side with a modern car of the same make/model, the new ones are infinitely more luxurious and a much more pleasant place to be. This comes at a cost. Technology gets cheaper for stuff like radios/speakers/ect.. but stuff like seats, materials that are used in the dash/door cards/ect... are fairly consistent over the years, so the nicer you need to make them to keep up with the ever raising baseline of quality, the cost goes up.

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Smackems posted...

I'm not

Used Corollas ftw

(if theyre old) dat lack of safety features though

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we need to go back to using horses yo.

dolomedes posted...

fuck that

give me a junker, make it affordable

I mean, I personally drive old manual jeeps, so I agree, however we are not representative of the the average person on the market. The average consumer is demanding a certain level of quality these days that did not exist in the past, and the gov't is demanding a certain level of engineering go into each car to comply with various safety standards, as a result the prices have gone up.

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EV will NEVER be mainstream in Canada because 6 months of the year their battery efficiency drops to 40-60% (on a good battery, let alone an older one). 120v literally will not even charge batteries in the weather i have outside right now. You need 220v.

Rich mans car but papa elon cant even fathom what its like to earn a middle class wage without a 10 figure bank of M+D behind him.

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Smackems posted...

I'm not

Used Corollas ftw

This

also, most people arent as good as negotiating as I am, I saved almost 20% on my Corolla otd and a touch below 25% on my Focus ST otd.

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SamsungGearS2 posted...

This

also, most people arent as good as negotiating as I am, I saved almost 20% on my Corolla otd and a touch below 25% on my Focus ST otd.

what do you doe, negotiate with multiple dealerships at once online? I think that's what I'd do.

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https://www.forbes.com/sites/jimhenry/2021/12/28/if-you-guessed-the-average-new-car-or-truck-cost-40000-youd-be-close/

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In the past 20 years a 4x4 truck that cost 31k now costs $55k and up.

Meanwhile wages stay the same.

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berlyman101 posted...

what do you doe, negotiate with multiple dealerships at once online? I think that's what I'd do.

Never buy new and bite at cars that have been on the market for 90+ days, also bait and switch with pre-approved financing or cash.

Also deny all protections and add-ons

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In the 80s a new camaro could be had for around $8000 I know because I bought one for that brand new in Norfolk Virginia, now days all new car prices have gone way to high and its not primarily inflation

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What about those personal hire perchase shit they try to shove down your throat. Is it worth it to pay those hundreds per month to basically rent the car for 3-4 years and then keeping the cycle going with another new car?

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SamsungGearS2 posted...

also bait and switch with pre-approved financing or cash.

what's that mean?


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I want a good 'affordable' EV, ~22-30k. Tesla is a little too expensive still for my liking, ~40k-60k, and read that they have serious service issues if you have problems or an accident.

The used market seems more expensive this past year as well. I'll just hold on to my old reliable 2007 Camry for a little longer.

An 07 camry still has a lot of life in it. You can get those things up 250k+ miles easy. No sense in wasting money. The money you'll save from gas will in no way offset the cost for spending $30k on a new vehicle + electric costs.

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I buy 15-20 year old luxury. All I want is comfy and rolls

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I made a topic a few weeks ago about the avg car payment being over $500 lol

Unsugarized_Foo posted...

I buy 15-20 year old luxury. All I want is comfy and rolls

I did that. While it is nice to drive, I am looking at a major expense: tires and new ignition coils. At least I didn't pay too much for the car itself.

pogo_rabid posted...

An 07 camry still has a lot of life in it. You can get those things up 250k+ miles easy. No sense in wasting money. The money you'll save from gas will in no way offset the cost for spending $30k on a new vehicle + electric costs.

Yep,I've had my used '01 Camry XLE paid off for over 12 years.It has 187k miles atm and it still runs great.I do need a seat cover since it's all leather. Besides changing the oil/brakes myself,it has been super cheap and effortless.

Also my insurance is only $23 per month.In the next 5 years I will be eyeing a used Camry or similar to start the cycle over.Only paid like $6500 for it in '08.

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berlyman101 posted...

what's that mean?

Dont reveal your intentions too early; in other words, if you show up saying Ill pay cash or have pre approved financing too early, theres less wiggle room.

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Pitlord_Special posted...

As EVs become mainstream, they'll be cheaper in comparison to petrol vehicles by far.

Can't wait to charge my EV with coal power.

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Ill never spend more than $25,000

and thatd be on like a 3-5 year old Lexus

I could do a Camry but I want luxury damn it

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Luxury has actually gone down in a way. While the top of the line models for each brand are more ridiculous than ever, it's a lot easier for the every man to get into an entry level luxury car at this point. Even my Mom is heavily considering a Q3, and she's a notorious cheapskate by her own admission.

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cars, even used, seem to be increasing in price at the rate rent and mortgages are

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project_night posted...

I want a good 'affordable' EV, ~22-30k. Tesla is a little too expensive still for my liking, ~40k-60k, and read that they have serious service issues if you have problems or an accident.

The used market seems more expensive this past year as well. I'll just hold on to my old reliable 2007 Camry for a little longer.

agreed. Until theres an EV with a range of 300+ miles, costs around the same as a Corolla (and similar size), theyre never going to replace ICE cars.

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rookieplayer03 posted...

agreed. Until theres an EV with a range of 300+ miles, costs around the same as a Corolla (and similar size), theyre never going to replace ICE cars.

I just saw today that Toyota announced 2 new EVs for next year and wants 70% of their cars to be EVs by 2030. I'm guessing the ones coming out next year will probably still be over 35k though but might qualify for the federal tax credit of $7,500. Hopefully the increasing competition and decreasing battery cost we'll see a good EV under 25K in a few years. I think Elon Musk said Tesla is also hoping for a new model to cost around 25k in 3 years or so.

skermac posted...

now days all new car prices have gone way to high and its not primarily inflation

Cheap "deathtrap" cars have been legislated out of the market.
Mandatory airbags, antilock brakes, tire pressure sensors, OBD computers, and crumplezones and stuff, aren't exactly free.

Here is a good video I watched on this the other day:
https://youtu.be/f50TjnSyK7I

Chief reason was all the technology in cars I gathered, that and financial tricks from dealerships.

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So stop and the dealers will be forced to lower the prices.

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545x39 posted...

Can't wait to charge my EV with coal power.

Many states in the US (the good ones) power much of their grid using renewables.

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545x39 posted...

Can't wait to charge my EV with coal power.

coal is less than a quarter of the us energy grid, and the mpge of EVs is about 100.

https://www.eia.gov/tools/faqs/faq.php?id=427&t=3

but gasoline produces CO2 at the same rate by mass as coal, despite combustion engines being only a third as efficient as electric motors in converting chemical to kinetic energy.

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