Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Bidenflation: New Cars and Trucks See Biggest Price Hikes Since 1975, Used Car Prices Up 31%
Breitbart ^ | 12/10/2021 | John Carney

Posted on 12/10/2021 10:24:27 AM PST by ChicagoConservative27

The cost of driving in America is accelerating–and not just because gas prices are up 60 percent from last year.

The prices of new cars and trucks jumped a seasonally adjusted 1.4 percent in October and another 1.2 percent in November, data from the Department of Labor’s Consumer Price Index showed Friday. Compared with a year ago, prices are up 11.1 percent. That’s the fastest annual pace of inflation for vehicles since 1975.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: automotive; bidenflation; cars; economy; inflation; newcars; price; trucks; usedcars
Navigation: use the links below to view more comments.
first 1-2021-34 next last
Great job pudding brain!
1 posted on 12/10/2021 10:24:27 AM PST by ChicagoConservative27
[ Post Reply | Private Reply | View Replies]

To: ChicagoConservative27

Somebody supported these stupid Democrat sons of bitches.

Probably the same idiots who come here and write that the Republicans are in charge.


2 posted on 12/10/2021 10:26:28 AM PST by blueunicorn6 ("A crack shot and a good dancer”)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

I have a three year old truck with 30k miles on it. I was offered more money for it by a dealer than I paid for it new. I guess this is how build back broken Bidenomics works, huh?


3 posted on 12/10/2021 10:28:23 AM PST by Obadiah (Fauci is the golden calf of science.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Just wait till Brandon really gets going.


4 posted on 12/10/2021 10:30:00 AM PST by rdl6989 ( )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Obadiah

Limited supply of vehicles and soaring home prices. Everybody wants a new truck.


5 posted on 12/10/2021 10:30:56 AM PST by lodi90
[ Post Reply | Private Reply | To 3 | View Replies]

To: rdl6989

Not even a year in. The next 3 are going to be disastrous even if the Republican’s get control of Congress.

Hell, even if Republican’s have a veto proof majority it’ll still be a disaster. Most of them are the definition of RINO and Chamber of Commerce scum. They won’t be much different. They’ll just slow down how fast the water boils, as useless as they are.


6 posted on 12/10/2021 10:34:20 AM PST by qaz123
[ Post Reply | Private Reply | To 4 | View Replies]

To: ChicagoConservative27

I have some interest in buying a Ford Maverick, so I’ve been window-shopping online. The best deals I’ve found so far are at the MSRP. A good half of the dealers say “call for price”. I guess that means their trucks are above MSRP.

It’s just another Brandon effect: Building Back Badly.


7 posted on 12/10/2021 10:35:28 AM PST by Leaning Right (The steal is real.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27
I have a 9 month old car I purchased new. A few weeks ago the dealership contacted me and offered me more than I paid for it.

Sounds like a good deal, right? Yeah, but then what would I drive? The reason they want it back is to re-sell it 'cause they are so low on inventory. Far from coming out money ahead, I'd lose money on the deal. No thanks. I'm very happy with the vehicle. But it is telling. This same thing happened to a friend of mine too - different make/model/dealership, same kind of offer though.

8 posted on 12/10/2021 10:39:43 AM PST by ThunderSleeps (Biden/Harris - illegitimate and everyone knows it.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Obadiah
I get the same offers all the time. It sounded bizarre until I read the fine print. The dealer isn’t offering me cash to buy the truck back. They’re offering me $50,000 for a truck that cost me $45,000 … but only as part of a trade for a new truck that costs $65,000.

Oh — and if I take that deal, the new truck probably won’t even be delivered to the dealer for another six months.

9 posted on 12/10/2021 10:39:48 AM PST by Alberta's Child ("All lies and jest; still, a man hears what he wants to hear and disregards the rest.")
[ Post Reply | Private Reply | To 3 | View Replies]

To: qaz123

> Hell, even if Republican’s have a veto proof majority it’ll still be a disaster. <

Right. Biden (his handlers, actually) will rule by decree if necessary. Oops, sorry. I picked the wrong wording there. I meant to say that Biden will rule by executive order - but there’s really no difference.


10 posted on 12/10/2021 10:39:50 AM PST by Leaning Right (The steal is real.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Obadiah

Saturday morning radio Give Me The VIN... Guy buys used cars. He too says prices are crazy expensive. Been that way since covid.


11 posted on 12/10/2021 10:42:36 AM PST by redshawk ( I want my red balloon. ( https://youtu.be/zNLpfEDliV0)
[ Post Reply | Private Reply | To 3 | View Replies]

To: ChicagoConservative27

But since used cars cost less than new cars, the choice to purchase a used car instead of a new car is deflationary - through the genius of horizontal substitution.


12 posted on 12/10/2021 10:45:02 AM PST by AndyJackson
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Bring on the MALAISE !!


13 posted on 12/10/2021 10:47:27 AM PST by Delta 21 (Quarantine the sick. Protect the vulnerable. Hang the guilty. Free everyone else.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: qaz123

“Most of them are the definition of RINO “

Let’s be optimistic. In the upcoming primaries maybe the RINOs will be exposed and a MAGA alternativea will be elected.

To be pessimistic, most politicians are indebted to their big donors and will lie for them.


14 posted on 12/10/2021 10:53:10 AM PST by cymbeline
[ Post Reply | Private Reply | To 6 | View Replies]

To: Leaning Right

A lot of dealers are charging well above MSRP. If they aren’t, demand that they list all the dealer add-on’s they require you to purchase if want the vehicle. Simonize - $1,200, Lo-Jack or similar - $800, Interior anti-bacterial coating - $400, and on and on.

And if you say you don’t want any of that junk they will claim, “It’s already ‘installed’ on the vehicle and we can’t take it off.” or, “Sorry. Next.”


15 posted on 12/10/2021 10:54:24 AM PST by Obadiah (Fauci is the golden calf of science.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: ThunderSleeps

The same here.
I have a 2021 toyota Corolla and a 2003 low mileage Chevy Silvarado. I could sell the Toy for more than what I paid for her, and get a disgusting amount for the Chevy.


16 posted on 12/10/2021 10:58:35 AM PST by Republican in occupied CA (I will not give up on my native State! Here I was born, here I fight and die!!)
[ Post Reply | Private Reply | To 8 | View Replies]

To: cymbeline

There seems to be some, not enough in my opinion, MAGA-types doing quite well in polling. We’ll find out in the spring what’s going on. It’ll make my day to see the likes of Mace and those like her, sent packing.

100% on where their allegiance is. Shameful as it is.

Any and every meeting with donors, special interest, trade groups, lobbyists, anything, video and audio recording of every word. Found to be in violation, automatically out of the seat and a replacement elected.


17 posted on 12/10/2021 10:59:47 AM PST by qaz123
[ Post Reply | Private Reply | To 14 | View Replies]

To: ChicagoConservative27

The late 70’s was a very very bad time to be unemployed.
This could be worse


18 posted on 12/10/2021 11:15:54 AM PST by Zathras
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

bought my first used car in ages three years ago, it’s now worth more than i paid for it...

i guess Joek really did do that


19 posted on 12/10/2021 11:16:50 AM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

I heard this from someone trying to purchase a car the other day. Super sad.


20 posted on 12/10/2021 11:19:45 AM PST by GOP Poet (Super cool you can change your tag line EVERYTIME you post!! :D. (Small things make me happy))
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-34 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson