Car buying is never going back to normal

[BLACKLS5]

There are a ton of newer Silverado's stashed around the Ft. Wayne area. I don't know the numbers, but it is in the many thousands.

[70 copo]

Originally Posted by BLACKLS5

There are a ton of newer Silverado's stashed around the Ft. Wayne area. I don't know the numbers, but it is in the many thousands.

Ready for the mice to eat the wiring harnesses no doubt.

[70 copo]

Originally Posted by Dusk Blue Z

What happened to all the 2020 and 2021 cars and trucks seen on the internet, parked in storage lots that were built and waiting for chips?

I am sure you have noticed that along with semiconductor production facilities, food production and chemical plants that happen to make fertilizer for planting crops keep catching fire all of the sudden. The result is skyrocketing prices for fertilizer. Simultaneously, the EU farm to fork regulations place draconian limits of fertilizer use on farms there which will have the effect of reducing crop yields.

I am sure it's all just confidential because despite the raw data that shows that these fires, and an overall constraint on key goods and services is REALLY happening-- any search engine result immediately tells you with link after link-- that it is not --and all this talk is just some wild conspiracy theory.

Its a transition. Relax I am sure its nothing.

[Dusk Blue Z]

Originally Posted by BLACKLS5

There are a ton of newer Silverado's stashed around the Ft. Wayne area. I don't know the numbers, but it is in the many thousands.

Just checked "The Googles Map" at the truck plant. My local dealer only has 4 "new" trucks on the lot, guess I'll keep my 2014 for a while.

[dustinm]

Originally Posted by Dusk Blue Z

Just checked "The Googles Map" at the truck plant. My local dealer only has 4 "new" trucks on the lot, guess I'll keep my 2014 for a while.

Stay far away from the covid supply chain trucks as possible - suggestion from a friend of mine who is a GM service manager. He stated that his dealership is seeing failures on parts they never had problems with before.

[JRSully]

Used car prices are dropping, slowly, but dropping. Wait it out if you can, find a "Church Lady creampuff" IMO, "fair" deals on used cars are on the horizon

[70 copo]

Yes. The current goal is to make as much money as possible off of less new vehicle sales.

This of course has the end effect of pricing the working poor and the lower middle class out of a new vehicle.

[markinnaples]

I read just yesterday that the current average new car payment is ~$720/mo., which is astonishing to frugal ol' me. I could never imagine paying that much a month, let alone the ones on the high side that have pushed the average up that high. But, I have friends and acquaintances who have payments for well over $1,000 a month and it almost makes me physically ill to think about having that kind of payment. Today's world is insane to me.

[70 copo]

Understand. The WEF believes that you should not be allowed to even own a car.

Agenda 2030!

Relax it’s a transition.

[Lynn]

Originally Posted by markinnaples

I read just yesterday that the current average new car payment is ~$720/mo., which is astonishing to frugal ol' me. I could never imagine paying that much a month, let alone the ones on the high side that have pushed the average up that high. But, I have friends and acquaintances who have payments for well over $1,000 a month and it almost makes me physically ill to think about having that kind of payment. Today's world is insane to me.

Talked with one of the lawyers I office with. A client had just left his office. Just just bought a new car, about $42k (which doesn't buy much these days). Financed it for 84 months at 7.9% for a payment of over $650 per month.