Used Car Prices climb

Discussion in 'News / Current Events' started by Salty, Oct 10, 2009.

  1. Salty

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  2. targus

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    This was predicted when they were doing the cash for clunkers program.

    Now we need the report that says that used car donations to charitable programs are also down. Meaning that those who truly need a car - even a rusty rattle trap - won't be getting one.
     
  3. tinytim

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    When you destroy the supply... by the cash for clunkers destruction of used cars program...

    And the demand goes up.. unemployed and low income on the rise... therefore, can't afford New car prices.. so they look for used cars...

    Let's see.. whose idea was it for the cash for clunkers... the democrats.. the same ones that have built a reputation over the last 50 yrs of helping the poor man...

    These same ones have now hurt poor people..
    Who buys used cars?
    People who can't afford new ones.. poor people.

    Geniuses!!!!
     
  4. carpro

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    And many of the cars that low income people would be able to buy have been destroyed by the idiotic cash for clunkers program.

    Because they didn't get good enough mileage.

    Insanity.
     
  5. just-want-peace

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    But hey, just like the Peace Prize--good intentions are the key.

    Makes no matter the outcome as long as the "thought" is good.

    Just hit me - this is why the left wants "HATE CRIME LAWS". You're guilty if you think evil thoughts, just like you're wonderful if you think good thoughts.

    Now let's all have a great big group hug and sing Cum By Ya!!:1_grouphug:
     
  6. billwald

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    Far as I can tell, the concept of "thought crime" was invented by Christian theologians, the person who contemplates rape is guilty of rape, that sprt of thing.
     
  7. tinytim

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    Well, I THINK the cash for clunkers was an awful program, so therefore it WAS an awful program!!!
     
  8. sag38

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    No, it wasn't invented by Chrisitan theologians. You need to read your Bible and you might just learn where it came from. But, juding from your statement you don't believe the Bible.
     
  9. twpaige

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    They answered part of the 'why?' in the article but you're all overlooking it.
    We cannot lay it ALL at the CFC program by any means, though I'm sure it had a bit of impact.

    BTW, there are rumors circulating around here in the construction industry that very soon all houses for sale must meet minimum 'green' standards, else they'll be forced to upgrade the home prior to the sale. I've not seen anything 'official' on this yet, but it just has the feel that it may be something that might come down the road. Perhaps we'll have a 'cents for shacks' program in the future where the gov't pays us to knock down an old house and build a new one.

    Oi.
     
  10. tinytim

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    Nah.. just make the shingles out of tinfoil....
     
  11. sag38

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    If the current "cap and trade" bill passes the senate it want be rumor anymore. Your house must be brought up to standard to keep us from burning up, I mean freezing to death, I mean to stop climate change.
     
  12. donnA

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    no, that would be Jesus
     
  13. donnA

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    used car prices are going up as foretold, and now there will be poor people who can not buy a car to go to work. Like us, we can't buy a car over $2,000. now fewer of those will exsit because the prices have gone up.
     
  14. BigBossman

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    I bought my car (a 2003 Pontiac Grand Am) almost two years ago. It still runs like a top. I have no plans on getting rid of it. If it breaks down, I will get it fixed. I'm keeping what I have.

    I also thought it was amazing how much prices on new cars have jumped. My dad got me a "time capsule" book from 1977 which is the year I was born. In that book it had an ad for a new car (I think it was a Ford) for right around $2,000. I only wish I could go back in time buy one of those cars & bring it into the future with me (in it's new condition). That would be awesome.
     
    #14 BigBossman, Oct 13, 2009
    Last edited by a moderator: Oct 13, 2009
  15. Johnv

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    The cash for clunkers program was a lousy program, but it's not the primary reason for for the price of used cars increasing (the typical used car buyer isn't looking for a car that gets 18mg or less). It's a supply-demand issue. Because of the economy, the percentage of new car sales has dropped by nearly 25%. People will instead buy a used car over a new car. Instead of buying a 2010 vehicle, they will look to getting a 2008 vehicle instead. That makes the demand for slightly used cars higher.
     
  16. billwald

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    >I also thought it was amazing how much prices on new cars have jumped.

    Since the end of WW2 the cost of a low end family car has been about a half year's pay for a working family. Median family pay around $40K and there are lots of new cars for under $20K.

    In the bad old days tires and battery lasted 3 or 3 years if you were lucky. Tune up - every 3000 miles?
     
  17. Johnv

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    I remember reading an article in MotorWeek some time ago. Batteries and tires actually have a longer life today. In those days, people put fewer miles on their cars per year, so batteries and tires would appear to last longer. But in reality, your got fewer miles out of them back then as you do now.

    And you're right about the price of a new car. According to Car Buyer's Notebook, the current average price for a vehicle is about $28k. When you exclude luxury and specialty models, the average drops to the low $20k range.

    I bought my wife a new Saturn Vue last year for just over $22k. My own SUV I got 2 years used and with less than 19k miles, for $15k. So we got two SUV's for less than 40k, and they're not economy stripped down models, either. Not too shabby.
     
    #17 Johnv, Oct 13, 2009
    Last edited by a moderator: Oct 13, 2009
  18. Nonsequitur

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    That's nothing. I'm still looking for a toilet that can do the job in one flush. Water saving idea my behind!
    [Satire: (Time: Back When) Oh, no. As your elected officials we would never tell you what you need in the bathroom. What you do in the privacy of your own bathroom is up to you. We just want to ensure that you comply with all the gaia worshippers and only use a couple of cups of water to get rid of your waste. You know, like the people in the Dark Ages used to do. That's why they had such wonderful sanitation systems with no problems of pestilence.
    (Time: Now) Oh, no. As your elected officials we would never tell you what to drive as it pertains to your ability to pay. We just want you to drive what we tell you so you will not have a 'carbon footprint' that endangers us all according to our made-up science. Now get on that bus that takes you nowhere close that you want to go and get used to it. Remember, mother gaia loves you!
     
  19. Johnv

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    I have one. It cost more, though. Never had an issue with unflushed, uh, products. When I bought my house, it needed a bit of work even though it was only 10 years old (it was a former rental). I replaced all three toilets with high tech low qpf models (which had a "one flush" guarantee) and also replaced the hot water heater with a tankless. I saw my utility bills drop by 30%. Not too shabby.
     

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