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Haunting Photos of #Carmageddon: Hyundai Gets Crushed, as GM, Ford, Others Struggle
Wolf Street ^ | 02 June 2017 | Wolf Richter

Posted on 06/05/2017 10:44:07 AM PDT by Lorianne

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To: Mariner

I also would like a bare bone pickup for around 22k. Not going to happen. The people have become entitled to $50,000.00 cars whether they can afford them or not.
And the manufacturers have calculated the break even price for every unit. They have to pay union wages, remember?


61 posted on 06/05/2017 12:57:33 PM PDT by 9422WMR
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To: Lorianne

My 1995 Subaru wagon finally succumbed after 235k miles. I replaced it with a 1999 Subaru with only 109k miles for $2700. Looking at 100000 trouble free miles.

My 1998 k2500 finally wore out the engine after 200k miles. My solution? Brand new factory guaranteed engine installed for $5k total.

We’ve been doing this the 40 years we’ve been married. Instead of putting our wealth in the driveway we put it into real property. Works for us.


62 posted on 06/05/2017 1:15:27 PM PDT by Seruzawa (FABOL)
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To: Lorianne

If you buy a new car, it loses 15% of its value as soon as you drive it off the lot. I buy factory certified vehicles, save 30% off the sticker for a low mileage 1-2 year old car with original bumper to bumper warranty. I’ve purchased two this way and wind up getting a lot better car in terms of trim and options than I would have purchased new.


63 posted on 06/05/2017 1:26:23 PM PDT by jimmygrace
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To: Seruzawa

Excellent!


64 posted on 06/05/2017 1:53:46 PM PDT by TXBlair (We will not forget Benghazi.)
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To: Lorianne
Heavily focused on cars, it has run into the buzz saw of crashing car sales in the US. Its car sales plunged 19.1% in May to 39,567. Even its truck sales fell 7.5% to 20,444. Total sales sagged 15.5%, by far the worst among the major automakers.

Kia sales (which is part-owned by Hyundai) down 7%, to 58,507.

Hey Hyundai, do you think you may have alienated a lot of men with your commercial making a joke of kicking men in the nuts?

I can honestly tell you I was considering some of your US built models, but not now, and not until you apologize for this commercial.

65 posted on 06/05/2017 2:36:39 PM PDT by TwelveOfTwenty (Prayers for our country and President Trump)
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To: Lorianne

Just bought the missus a 2014 Caddy SRX. Paid just north of $24K, less than HALF the original sticker price. Two years & 70K miles left on the factory warranty. NICE! Just something about a Cadillac . . .


66 posted on 06/05/2017 3:18:47 PM PDT by BraveMan
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To: Lorianne

“As an aside, Fiat sales dropped 16% to just 2,670 units.

Clown cars are selling about as well as I’d predicted ever since the FIAT 500 was introduced in the U.S. with massive orgasmic enemedia slobber and palaver a few years ago.


67 posted on 06/05/2017 3:47:53 PM PDT by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: dp0622

“I hate to sound like the weasel of the group but does this mean I can get a better deal on a car in the next few months?”

I would think so. Also, this kind of new car inventory depresses used car prices as well, and you might find an even better deal there instead of buying new if you stick to high-quality brands from “good” years.


68 posted on 06/05/2017 3:49:16 PM PDT by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Lorianne

Picked up a new tundra - smaller - 4.6 liter v8 - over Memorial Day weekend. $31,500. It has the extended but not the max cab.
They gave me a good trade on my old 4 runner.


69 posted on 06/05/2017 4:07:32 PM PDT by Palio di Siena
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To: Palio di Siena

Bookmark


70 posted on 06/05/2017 4:16:36 PM PDT by publius911 (I SUPPORT MY PRESIDENT?)
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To: Red Badger

I’ll drive right down! :)


71 posted on 06/05/2017 5:20:25 PM PDT by dp0622 (The only thing an upper crust Conservative hates more than a liberal is a middle class conservative)
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To: Lorianne

My wife’s ‘04 Lexus GS still feels new despite the cassette radio that she refuses to change. My ‘05 Volvo XC70 cruises like new at 180K and my ‘07 F150 continues to be a reliable beast.
The Volvo looks the most dated, but even it doesn’t look “old.” The Lexus design has kept modern and the truck is... a truck. Looks great.
I would never have imagined keeping a car 5-7 years much less 10-12 yrs as we have with this batch. I don’t need anything new, don’t miss anything new, and am damned glad that these machines keep rolling so magnificently.
Good revenge here on my parents suffering through crap cars and planned obsolescence so many years. Well done, Motor City!


72 posted on 06/05/2017 6:16:09 PM PDT by nicollo (MAGA)
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To: onedoug

Bfl


73 posted on 06/05/2017 8:00:33 PM PDT by onedoug
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To: Mariner

“The first company to put a $22k pickup on the market(underpowered and without the fancies) will get very, very rich.”

They won’t in W. Texas and other places where people use their trucks.


74 posted on 06/05/2017 8:05:43 PM PDT by yetidog
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