[Bikkuri]

Are they trying to put the cars/trucks outside of the majority’s price range?

[SeekAndFind]

Dwindling sales are likely a function of two things, a worldwide shortage of microchips that have shuttered many automobile factors and possibly higher prices are creating demand destruction among buyers. Over the last year, dealership inventories have been tight due to supply chain difficulties and forced dealers to reduce incentives and discounts to prospective car buyers. Incentives were only 5.2% of the average transaction price last month, compared with 10% a year ago. Another issue for buyers is the staggering increase in used cars, which hit a record high last month.

Fewer cars were sold last month, but prices continue to hit record highs that may suggest consumers are becoming discouraged to buy because of affordability issues.

[MrLucky1966]

Maybe we need to bring back the Yugo. B-P

[Attention Surplus Disorder]

My nephew just bought a MBZ 300C lease turn-in with about 40K mi for $25K. I thought that was a screaming deal.

[dainbramaged]

My first new vehicle was a 1976 F150 Ford 4x4 pickup - sticker price was around $6600.

[dragnet2]

$45,000 for a car? With what is left of the economy, they won’t be selling too many much longer.

[Covenantor]

Well that explains the zero used cars on the lots of a very large multi marque local dealer this past month. Usually 30-40 trade-ins for sale. They’ve moved all the new cars to the street frontage. But their new car sales are brisk.

[Reno89519]

Okay, at 5% for 10 years still makes the payment $477. Ouch.

[Fresh Wind]

I was at a dealership yesterday for routine service.

The parking lot, which used to be full, was half empty but most surprisingly, EVERY car in the showroom was used.

Never saw that before.

[jughandle]

Any time I “built” a new pickup or Suburban online it was at least $65,000.

[ronnie raygun]

They want you on bicycles like china

[Sacajaweau]

I’m stuck with my 2003 Buick for a couple more years.

[Feckless]

Insane.

The most I ever paid for a vehicle was $16,000, a 4 year old Ford Explorer Sport Trac with 19k miles. It is now 16 years old with 112k. I will drive it until I die.

Full disclosure: I paid $16k for my 2016 Street Glide with 5k miles. I expect it to kill me. Almost did last March, 68 year old Meth Head knocked me off it, drug me 90 ft. Four broken ribs and punctured lung.

His insurance is making a big deal about the Cop's body cam where I am begging the EMT to "let me up for just 5 minutes, here hold my gun..."

[minnesota_bound]

My parents custom built 6,000sq/ft + home with a creek in the back in Minnesota cost $43,000 in 1962.