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#31
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Mitch 1970 Chevelle SS 1966 Chevelle SS 1967 Camaro ss/rs 1938 Business coupe, street rod 2000 FXSTS, original owner, 13k miles |
#32
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I don't think that daily drivers will be affected; but I predict that 2025 will see some really silly collector car purchases in the 500k to $1m range.
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Don't believe everything you read on the internet ... Ben Franklin |
#33
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Kurt |
The Following User Says Thank You to 69 Post Sedan For This Useful Post: | ||
dustinm (01-16-2023) |
#34
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New or used, we only buy 1x Payment plan cars, no monthlies also helps keep total spent in check. ![]() Owning outright lets you choose Insurance too, no personal vehicle damage coverage if your fault etc. Higher Interest not only affects car payment itself but also amount available for it w/ mortgage/other monthlies included so whether new mortgages or current renewals at twice or whatever rate of borrower’s existing = car payments don’t fit total ratio for mortgage approval etc. ![]() ![]() ~ Pete .
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I like real cars best...especially the REAL real ones! |
#35
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my dad always drilled it in my head that if you cant afford to pay cash for your cars you cant afford them. i know that certainly isnt the norm nowdays for most people
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The Following 4 Users Say Thank You to muscle_collector For This Useful Post: | ||
#36
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The average price paid for a new vehicle in the United States in October 2022 was $48,281. That's a lot of cash to sink into a reverse ROI asset.
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The Following User Says Thank You to Lee Stewart For This Useful Post: | ||
PeteLeathersac (01-17-2023) |
#37
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Quick side note, my daughter was in the market for a new daily driver about a year ago. After shopping for a few weeks, she found a 2020, or 2021 with about 10K miles was MORE than ordering a brand new 2022, but would have to wait 4-months for the build. She bought the new one. Crazy times that finally seem to be changing. |
The Following 3 Users Say Thank You to COPO For This Useful Post: | ||
#38
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Apparently, mice got into many of them and ate the soy based wire coatings that have been in use for the past 20 years, so many were beyond repair and crushed. |
#39
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Well at least someone got some use out of them.
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Joe 1969 Camaro |
#40
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