Used Car Prices Keep Getting More Shocking

[jimlloyd40]

You're missing the part where we've intentionally made immigration legally almost impossible countries with brown people, but are actively encouraging immigrants from white countries. That's what makes it racist.

Come on, we had a first Lady who illegally overstayed her visa, worked illegally in the US, her husband hired illegal workers repeatedly and knowingly, and she got a "genius" visa for her contributions to soft core porn modeling.

The issue isn't that people are here illegally. The issue is their color. That's just the reality.

To me it has nothing to do with color. I can understand why it does for others. I'm not responsible for our useless government or agree with much of anything it does.

 

[GTIfan99]

I admit, I exaggerated but in part there is a large demand for “the college experience” which comes at a premium.

You didn't exaggerate, you're just wrong. My daughter in law worked all through college, went in state to a state college, graduated in four years, came out with $70k in debt. She lived in a small one bedroom in a bad neighborhood and lived modestly.

It's a BS boomer argument that they're coming out of college with debt because of lattes.

 

[GTIfan99]

The US accepts more immigrants (from non European ethnic groups) than any other country on earth. How more oikophobic can a statement be?

Prove it.

 

[uberdot]

Prove it.

No. You can put your big boy thimbles on and Google it yourself.

 

[anotero]

Medicare for all - Socialized medicine, no thanks.
Universal pre-K - Do what it takes to provide for your family without government handouts.
Reigning in the higher education industry - I can't argue with that, but the education industry is very powerful and will fight to retain their control and influence.

These are three polarizing issues that are dividing this country. I don't see any middle ground. What do you think?

But all you said was no, without any real justification. What's wrong with diverting taxes used to fund our occupation of Iraq and Afghan toward making healthcare about the taxpayers and not the insurance company shareholders?

"Do what it takes" -- you can't really think that people don't work and only wait for handouts. I, for one, find it appalling that one of the main discussion topics at my work is how to better retire. And that's young guys talking. Living one's life just to retire is fucking pathetic. Says a lot about the life here.
The working population has earned healthcare and universal pre-k. You know why? Because every single non-vp out there is underpaid by definition (that's how capitalist profits work), and because we are taxed to fund wars and other non-sensical shit. I lose a third of my income because we absolutely need to have several thousand military bases around the globe to exert our power for the sake of... nope, not me or you, but for the military industrial complex, oil magnates, and other scum that feeds off of us. So yeah, I'll take back what I've worked for and what was taken from me. I'll take it in the form of affordable healthcare, universal pre-k, paid sick days, etc.

 

[jimlloyd40]

You didn't exaggerate, you're just wrong. My daughter in law worked all through college, went in state to a state college, graduated in four years, came out with $70k in debt. She lived in a small one bedroom in a bad neighborhood and lived modestly.

It's a BS boomer argument that they're coming out of college with debt because of lattes.

The ones who are coming out of college with no debt, excluding scholarships obviously, are the ones who lived at home and went to a JC and then transferred to a 4 year university while still staying at home and worked jobs also.

 

[anotero]

I admit, I exaggerated but in part there is a large demand for “the college experience” which comes at a premium.

Meh. Most of that experience can be had at far less than what colleges charge. Colleges rake in dough like motherfuckers, and it's not for the students.

 

[uberdot]

You didn't exaggerate, you're just wrong. My daughter in law worked all through college, went in state to a state college, graduated in four years, came out with $70k in debt. She lived in a small one bedroom in a bad neighborhood and lived modestly.

It's a BS boomer argument that they're coming out of college with debt because of lattes.

Nope. I ( a milennial, your tribes favorite generation, no sarcasm at all ) chose a bare bones school when I could have gotten the same education from a frat trap with all the trimmings. Did my cores at a good community college as well to save cash, and again, focus on education instead of socializing. Paid my debts off years ago.

 

[zrickety]

Worse than ever.

'What used to be a $5K car is now $8K. What used to be $8K is now $11K or $12K'

A couple of months ago, a woman paid a visit to Jeff Schrier's used car lot in Omaha, Nebraska. She was on a tight budget, she said, and was desperate for a vehicle to commute to work. She was shown three cars priced at her limit, roughly $7,500. Schrier said the woman was stunned. "'That's what I get for $7,500? ‘" he recalled her saying. The vehicles had far more age or mileage on them than she had expected for something to replace a car that had been totaled in a crash. The woman eventually settled on a 2013 Toyota Scion with a whopping 160,000 miles on it. Schrier isn’t sure he made any profit on the deal. "We just helped her out," he said. As prices for used vehicles blow past any seemingly rational level, it is the kind of scenario playing out at many auto dealerships across the country.

Prices have soared so high, so fast, that buyers are being increasingly priced out of the market. Consider that the average price of a used vehicle in the United States in November, according to Edmunds.com, was $29,011—a dizzying 39% more than just 12 months earlier. And for the first time that anyone can recall, more than half of America's households have less income than is considered necessary to buy the average-priced used vehicle. The days when just about anyone with a steady income could wander onto an auto lot and snag a reliable late-model car or buy their kid's first vehicle for a few thousand dollars have essentially vanished. “I’ve never seen anything remotely close to this—it’s craziness,” said Schrier, who has been selling autos for 35 years. “It’s quite frustrating for so many people right now.”

When the government reported that consumer inflation rocketed 6.8% in the 12 months that ended in November—the sharpest jump in nearly 40 years—the biggest factor, apart from energy, was used vehicles. And while the rate of increase is slowing, most experts say the inflated vehicle prices aren't likely to ease for the foreseeable future. The blame can be traced directly to the pandemic's eruption in March of last year. Auto plants suspended production to try to slow the virus’ spread. As sales of new vehicles sank, fewer people traded in used cars and trucks. At the same time, demand for laptops and monitors from people stuck at home led semiconductor makers to shift production from autos, which depend on such chips, to consumer electronics. And from there, the dominoes continued to fall.

So my MKV is worth more than a couple grand now??
I know the Jeep values are up. I could easily sell for more than I paid. The problem is replacing it...good luck finding another one. A new stripped down base model with minimum options is a stone's throw from the Rubicon I have now. And that's if the factory has the parts to build it.

 

[uberdot]

So my MKV is worth more than a couple grand now??
I know the Jeep values are up. I could easily sell for more than I paid. The problem is replacing it...good luck finding another one. A new stripped down base model with minimum options is a stone's throw from the Rubicon I have now. And that's if the factory has the parts to build it.

I saw the same MKIV I have for 7K. Back to where I bought it years ago

 

[jay745]

So my MKV is worth more than a couple grand now??
I know the Jeep values are up. I could easily sell for more than I paid. The problem is replacing it...good luck finding another one. A new stripped down base model with minimum options is a stone's throw from the Rubicon I have now. And that's if the factory has the parts to build it.

I'll give you 3k for it

 

[zrickety]

I'll give you 3k for it

Tempting, but it's too much fun. I was tearing up the streets earlier today.

 

[Corprin]

Pics or it didn't happen. I have yet to see a single sign or flag post election.

You lie.

Dude, you live in a Pensacola… you are literally the most southern you can get in FL.

 

[GTIfan99]

Dude, you live in a Pensacola… you are literally the most southern you can get in FL.

Nope, Jacksonville.

 

[GTIfan99]

Nope. I ( a milennial, your tribes favorite generation, no sarcasm at all ) chose a bare bones school when I could have gotten the same education from a frat trap with all the trimmings. Did my cores at a good community college as well to save cash, and again, focus on education instead of socializing. Paid my debts off years ago.

None of what you just said supports your earlier comments, so not sure what your point is? My DIL wasn't in a sorority, worked, lived modesty.

Not going to CC doesn't mean you drank too many lattes and did keg stands.

If you're saying CC is a great way for a lot of kids to get the first couple years of core studies out of the way less expensively, I 100% agree.

The rest of what you've said is just petty nonsense and you seem to have a chip on your shoulder about not starting at a 4 year university.