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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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