Thread: How do people afford new cars?
10-30-2023, 12:43 AM
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#61
10-30-2023, 12:50 AM
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#62
Originally Posted By digital022⏩
The crazy thing is that it wasn't even a Minivan, but a FULL SIZED VAN that has more interior room than New York Apartments.The old meme of having to live in a van down by the river isn't even achievable anymore. Feels batman.
Nowadays there are Minivans going to 100k and up because of a shortage of certain Minivans such as the Sienna.
10-30-2023, 01:00 AM
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#63
Originally Posted By ispy⏩
Most new vehicles in the US aren't Corollas or Civics, they're Ford F Series, Ram Full Sized Pickups, GM Full Sized Pickups, Toyota Rav4s, Honda CRVs, etc.what kind of a car are we talking? you don't need to earn millions to afford a $20k-30k car, especially if you're leasing.
Good luck finding ANY of them under 30k new. Even fully loaded Corollas and Civics are OVER 30K new nowadays. I'm not event talking about GR Corollas or Civic Type Rs, just normal ones.
10-30-2023, 01:03 AM
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#64
Step 1: Pay current one off before the interest can build up too much
Step 2: Save/invest excess money beyond your CoL, settling with your car for years
Step 3: Trade in your car, then pay the difference for something that is either new, or certified pre-owned ($2k+ discount)
Helps if you don't mind your current house, or you accept being a rentcel longer term.
Step 2: Save/invest excess money beyond your CoL, settling with your car for years
Step 3: Trade in your car, then pay the difference for something that is either new, or certified pre-owned ($2k+ discount)
Helps if you don't mind your current house, or you accept being a rentcel longer term.
10-30-2023, 01:07 AM
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#65
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Originally Posted By Getter_done⏩
With money maybe??? I'm befuddled rnHow do people afford anything lmao wut kinda question is this roflcopter.
Not in the AM
10-30-2023, 01:28 AM
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#66
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Originally Posted By theory816⏩
Lol whatWas this the KIA?
6k 30k for two years aint bad. So its 3k/ year/15k of reliable mileage as opposed to say a 5k beater paid off. You might get 50k out of the beater, which equates to $1k/10k miles.
This is why people need to learn how to rebuild engines.You can buy a new engine block and get 200k out of it for $3k,which equates to 66k miles per $1k. LOL. FKN LOL @ NON CAR MECHANICELS.
6k 30k for two years aint bad. So its 3k/ year/15k of reliable mileage as opposed to say a 5k beater paid off. You might get 50k out of the beater, which equates to $1k/10k miles.
This is why people need to learn how to rebuild engines.You can buy a new engine block and get 200k out of it for $3k,which equates to 66k miles per $1k. LOL. FKN LOL @ NON CAR MECHANICELS.
What car can you get a new engine block for $3k
Even if you bought the block then you need crank, rods and pistons
Then you need rings, big and little end bearings, and the full gasket set
If you assume an inline motor you need one cylinder head which at a minimum will need a facing plus valve regrind
Plus all the freeze plugs
Even if you found a low mileage second hand motor with bores still in round and tried to do a refresh with just honing the bores and re-ringing it, with new bearings and gaskets and reconditioning the head, you are looking at well over $3k
And this is of course valuing your own labour at zero
Doing an engine build is only worth it if
a)it’s a performance motor and you don’t have a shop that you trust to do it properly
b) the opportunity cost of your time is very low
10-30-2023, 01:40 AM
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#67
Originally Posted By r32gojirra⏩
3k for a small block isn't cheap(all it is is a small ass engine block). And that's for a 4 cylinder in a Toyota 2AR-FE. But that's cheap if you consider a new car is about 25k.Lol what
What car can you get a new engine block for $3k
Even if you bought the block then you need crank, rods and pistons
Then you need rings, big and little end bearings, and the full gasket set
If you assume an inline motor you need one cylinder head which at a minimum will need a facing plus valve regrind
Plus all the freeze plugs
Even if you found a low mileage second hand motor with bores still in round and tried to do a refresh with just honing the bores and re-ringing it, with new bearings and gaskets and reconditioning the head, you are looking at well over $3k
And this is of course valuing your own labour at zero
Doing an engine build is only worth it if
a)it’s a performance motor and you don’t have a shop that you trust to do it properly
b) the opportunity cost of your time is very low
What car can you get a new engine block for $3k
Even if you bought the block then you need crank, rods and pistons
Then you need rings, big and little end bearings, and the full gasket set
If you assume an inline motor you need one cylinder head which at a minimum will need a facing plus valve regrind
Plus all the freeze plugs
Even if you found a low mileage second hand motor with bores still in round and tried to do a refresh with just honing the bores and re-ringing it, with new bearings and gaskets and reconditioning the head, you are looking at well over $3k
And this is of course valuing your own labour at zero
Doing an engine build is only worth it if
a)it’s a performance motor and you don’t have a shop that you trust to do it properly
b) the opportunity cost of your time is very low
Almost everything metal is reusable if the engine never overheated.
Even if you rehaul everything, you're looking at 10k at the most if you rebuild the tranny and replace some emissions parts.
Performance engines are never worth touching for a regular daily driver. They make more sense for trucks.
4 cylinder builds is very much worth it. I would not go with anything smaller than a 4 cyln because you don't save that much MPG but sacraficing alot of power. 6 cylinders are too expensive and they use more gas. Power just isn't important with these DD.
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10-30-2023, 01:50 AM
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#68
Originally Posted By ParsleyTea⏩
Actually manufacturers are slowing down the production of EVs and Elon Musk has lost billions as well. The vast majority of people do not want EVs.Car prices will soon be getting worse. Biden's EV mandate, outlawing gas powered cars, will push new car prices much higher.
Car prices are actually going down, it's slow but they are going down.
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10-30-2023, 03:51 AM
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#69
10-30-2023, 06:29 AM
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#70
[QUOTE=Sal29 post_id=1692539173]The crazy thing is that it wasn't even a Minivan, but a FULL SIZED VAN that has more interior room than New York Apartments.
Nowadays there are Minivans going to 100k and up because of a shortage of certain Minivans such as the Sienna.
[img]https://i.ytimg.com/vi/X_K98JYd-UQ/maxresdefault.jpg[/mg]
[img]https://i.ibb.co/KVPqw9L/Sienna.png[/img][/QUOTE]LMAO. Wat in the actual fuk.
Nowadays there are Minivans going to 100k and up because of a shortage of certain Minivans such as the Sienna.
[img]https://i.ytimg.com/vi/X_K98JYd-UQ/maxresdefault.jpg[/mg]
[img]https://i.ibb.co/KVPqw9L/Sienna.png[/img][/QUOTE]LMAO. Wat in the actual fuk.
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10-30-2023, 06:36 AM
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#71
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10-30-2023, 06:38 AM
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#72
This is the new normal, car prices will drop a bit but there's a new floor now.
I went to look at a used Jetta the other day... 40k miles, the kind of car you could get pre-"covid" for around $10-$12k.... yeah, that's a $21k car now. pisses me off so much
I went to look at a used Jetta the other day... 40k miles, the kind of car you could get pre-"covid" for around $10-$12k.... yeah, that's a $21k car now. pisses me off so much
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10-30-2023, 06:41 AM
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#73
- Godfrd824
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Originally Posted By theory816⏩
Yeah, it was the Stinger. Up until then I had never had a new car, and wanted something fun for a while.Was this the KIA?
6k 30k for two years aint bad. So its 3k/ year/15k of reliable mileage as opposed to say a 5k beater paid off. You might get 50k out of the beater, which equates to $1k/10k miles.
This is why people need to learn how to rebuild engines. You can buy a new engine block and get 200k out of it for $3k, which equates to 66k miles per $1k. LOL. FKN LOL @ NON CAR MECHANICELS.
6k 30k for two years aint bad. So its 3k/ year/15k of reliable mileage as opposed to say a 5k beater paid off. You might get 50k out of the beater, which equates to $1k/10k miles.
This is why people need to learn how to rebuild engines. You can buy a new engine block and get 200k out of it for $3k, which equates to 66k miles per $1k. LOL. FKN LOL @ NON CAR MECHANICELS.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
10-30-2023, 06:44 AM
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#74
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They generally find a bank or credit union that isn’t pro Sandusky covid-19 war on poor people
Which is hard to come by id know because cuck mafia banks and creditors tried to and succeeded in punishing me for investigating big tech
And then you know? You go thru the process of applying and
I don’t know I haven’t got that far because you know of
1) the dotcom bubble
2) the housing market collapse
3) big bank bail outs
4) now covid-19
All of these are wars against poor people that have gone down over the last 20 years
And you know lots of those banks are really chummy with Sandusky he’s been in politics for longer
And I’m paraphrasing and making assumptions here
But I imagine the conversation went something like this
“Hey bank, it’s Sandusky. You remember that one time I bailed you out with the taxpayer slush fund? Well here now I need a favor. You see my campaign contribution from google/microsoft dictates that I make taxpayers pay to enrich these foreign billionaires that have claimed covid was real. So in order to apply pressure, I need you to engage in racketeering and defrauding taxpayers with me. So I can cover up covid crimes.”
“Come on man, remember that time I bailed you out and made taxpayers pay for your mismanaging money?”
Ol Sandusky is here to collect
Which is hard to come by id know because cuck mafia banks and creditors tried to and succeeded in punishing me for investigating big tech
And then you know? You go thru the process of applying and
I don’t know I haven’t got that far because you know of
1) the dotcom bubble
2) the housing market collapse
3) big bank bail outs
4) now covid-19
All of these are wars against poor people that have gone down over the last 20 years
And you know lots of those banks are really chummy with Sandusky he’s been in politics for longer
And I’m paraphrasing and making assumptions here
But I imagine the conversation went something like this
“Hey bank, it’s Sandusky. You remember that one time I bailed you out with the taxpayer slush fund? Well here now I need a favor. You see my campaign contribution from google/microsoft dictates that I make taxpayers pay to enrich these foreign billionaires that have claimed covid was real. So in order to apply pressure, I need you to engage in racketeering and defrauding taxpayers with me. So I can cover up covid crimes.”
“Come on man, remember that time I bailed you out and made taxpayers pay for your mismanaging money?”
Ol Sandusky is here to collect
10-30-2023, 06:45 AM
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#75
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Originally Posted By r32gojirra⏩
In the US you can buy a professionally rebuilt long block LS for about $4k. You can buy a used working long block for less $1000-$1500 depending on the variant. Honda i4 engines are $200-$600.Lol what
What car can you get a new engine block for $3k
Even if you bought the block then you need crank, rods and pistons
Then you need rings, big and little end bearings, and the full gasket set
If you assume an inline motor you need one cylinder head which at a minimum will need a facing plus valve regrind
Plus all the freeze plugs
Even if you found a low mileage second hand motor with bores still in round and tried to do a refresh with just honing the bores and re-ringing it, with new bearings and gaskets and reconditioning the head, you are looking at well over $3k
And this is of course valuing your own labour at zero
Doing an engine build is only worth it if
a)it’s a performance motor and you don’t have a shop that you trust to do it properly
b) the opportunity cost of your time is very low
What car can you get a new engine block for $3k
Even if you bought the block then you need crank, rods and pistons
Then you need rings, big and little end bearings, and the full gasket set
If you assume an inline motor you need one cylinder head which at a minimum will need a facing plus valve regrind
Plus all the freeze plugs
Even if you found a low mileage second hand motor with bores still in round and tried to do a refresh with just honing the bores and re-ringing it, with new bearings and gaskets and reconditioning the head, you are looking at well over $3k
And this is of course valuing your own labour at zero
Doing an engine build is only worth it if
a)it’s a performance motor and you don’t have a shop that you trust to do it properly
b) the opportunity cost of your time is very low
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
10-30-2023, 08:55 AM
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#76
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Originally Posted By Sal29⏩
Is this even real?The crazy thing is that it wasn't even a Minivan, but a FULL SIZED VAN that has more interior room than New York Apartments.
Nowadays there are Minivans going to 100k and up because of a shortage of certain Minivans such as the Sienna.
Nowadays there are Minivans going to 100k and up because of a shortage of certain Minivans such as the Sienna.
10-30-2023, 03:00 PM
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#77
Originally Posted By HMFIC_BROWSIN⏩
There's at least an years long waiting list so car dealers are able to do a market adjustment to 100k or more.Is this even real?
That's a top of the line fully loaded Platinum trim too so it's actually worth about $65k without the price gouging.
https://www.siennachat.com/threads/a...e.72588/page-2
10-30-2023, 03:09 PM
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#78
- SeymourGains
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isn't it funny, you work a normal job just like everyone else and yet nobody can afford to buy with their own money a normal regular car thats new. You need second hand or debt.
Who the fuk is cutting the profits to make the asymmetry
Who the fuk is cutting the profits to make the asymmetry
10-30-2023, 03:50 PM
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#79
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"With yearly repossession rates at 65% compared to yearly new car sales. This means that for every 2.4 cars sold, 1 existing vehicle on the road will be repossessed each year."
So for every 5 people who talk up how great their cars is, 2 of them will get repossessed.
https://www.titleloanser.com/stats/c...on-statistics/
So for every 5 people who talk up how great their cars is, 2 of them will get repossessed.
https://www.titleloanser.com/stats/c...on-statistics/
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10-30-2023, 03:59 PM
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#80
- Destor
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Originally Posted By SeymourGains⏩
New cars are typically sold at cost, seriously, and repairs are where car companies actually make their $$$ by selling high-margin parts and servicing to the existing fleet.isn't it funny, you work a normal job just like everyone else and yet nobody can afford to buy with their own money a normal regular car thats new. You need second hand or debt.
Who the fuk is cutting the profits to make the asymmetry
Who the fuk is cutting the profits to make the asymmetry
Living below your means is kinda key though, I was making over $100k and driving a 2008 Chrysler Sebring that my parents gave me up until just the other year. At least three alarm bells sounded every time you started it.
10-30-2023, 04:16 PM
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#81
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Originally Posted By Destor⏩
That doesn’t explain how people can afford new cars ya fookin pha gNew cars are typically sold at cost, seriously, and repairs are where car companies actually make their $$$ by selling high-margin parts and servicing to the existing fleet.
Living below your means is kinda key though, I was making over $100k and driving a 2008 Chrysler Sebring that my parents gave me up until just the other year. At least three alarm bells sounded every time you started it.
Living below your means is kinda key though, I was making over $100k and driving a 2008 Chrysler Sebring that my parents gave me up until just the other year. At least three alarm bells sounded every time you started it.
10-30-2023, 04:24 PM
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#82
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Originally Posted By Mrstealyogurl89⏩
I figured someone over the last three pages surely already said by making moneyThat doesn’t explain how people can afford new cars ya fookin pha g
Dunno I have a 2021 that is $1300/month
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