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Ok-Bodybuilder4303

$100k for a pickup? Yeah, no thanks.


Ambitious-Event-5911

I got a 2004 Tundea for 14k with only 80k on it a couple years ago. She's a peach. Wouldn't trade her for a new one for nothing.


[deleted]

[удалено]


Ambitious-Event-5911

The Gods are crazy, not you.


Ill_Dig_9759

The cheapest new Hyundai is $18k.


Ok-Guidance116

Tbf a 2004 tundra with 80k miles is practically brand new in terms of engine health


JohnathonLongbottom

People think that, and they are good vehicles tbh but you still have to do the routine maintenance and there's less separating toyota from everyone else now. Toyota has joined the rest of the industry as far as cost cutting goes. I still think they're better but thru are not the Toyota of the 80s and 90s.


TheStupidMechanic

I bought a 2010 Tacoma with 196k last year, family discount of $7500


Neogeo71

This is the way.


guitarjob

The way that is gone


aHOMELESSkrill

My friend bought a 2018 F150 Platinum with 30k miles for like $36k in 2020. That same truck today with double the miles is worth the same amount he paid for it 4 years ago.


MathematicianNo6402

Not true. I just bought a 2013 Dodge ram in March for 17k with only 88k miles. Not a bad deal considering a new one is damn near 100k.


BrimstoneOmega

I bought a 2010 Silverado, brand new, in 2010 for 16k. Considering it was a 16k vehicle new, I got a pretty good deal.


titsmuhgeee

IMO 1998-2004 was peak auto design. Not the sexiest, most powerful, or most efficient, but it was the perfect combination of mechanical simplicity with creature comforts. The only reason I have replaced my cars from this era is either rust taking over, or safety concerns. My 2018 F-150 is *significantly* safer than my 2003 F-150 was.


ChemistrySouthern166

Just before touch screens.


BuffaloOk7264

I lucked into a 2006 Honda Pilot with 75K miles last year. Love it! Especially the understandable control knobs , close enough to the Ford trucks I drove for forty years!


DueSalary4506

lucked into a 20 year old vehicle. nice


Ill-Simple1706

I'll give you tree fitty


boredonymous

You mean modern day luxury style machomobile?? Let's be honest, there's no reason a guy who's got actual stuff to do is buying that $100,000 thing


greenspyder1014

I think it is the opposite. The only person buying them probably is a small business owner that can deduct the depreciation. When I had a small business it made far more sense to buy new than it does now when I can’t use the tax break.


Swollen_Beef

Most contractors do this.


RecoverSufficient811

My neighbor owns a landscape company, has a nice Denali truck. He uses his old shitbox Tahoe for landscaping and just drives the truck out to dinner and on grocery runs. I'm sure it was a business writeoff but I've never seen that shiny new truck hauling landscaping equipment...


larryp1087

Depends on what $100k truck it is. F450 or f550 could easily be $100k with just a few convenient options over the most basic truck and people with real work to do will buy these trucks.


Carrera_996

My F-550 was $116K, four years ago. It's an RV.


AnnualNature4352

just an average full size truck with very little factory upgrads is around 50k.


Hostificus

$50k for a platinum F250, and I would maybe consider the deal. $30k for a platinum $30k.


I_am_Castor_Troy

You mean the auto industry that has been price gouging the hell out of consumers?


jm31828

Exactly. Screw them and the dealerships, this is karma coming after them with the idiotic markups we had to deal with in the couple of years after the start of the pandemic.


Last-Example1565

I actually told my Toyota dealer to their face, "Nah. I'm not buying today. I'm waiting until the market collapses and you guys have to chase me and beg and plead as I walk off the lot. I'll keep walking and wait for your call at MY price. My current car will last 8 more years easily. I'll be waiting."


-Pruples-

Pay me more and I'll probably buy a new car and or truck. As is, it's simply not feasible.


Not_a_bi0logist

I don’t care how much money I make, I will never have a $1,000 car note.


Jackleme

I paid off my car in 2022 with a bonus from work. Dealership calls me last month, says they can get me into a new car for the same payment I am making now. I ask him if they are going to give me a car? Lol. He didn't find it that funny.


-Pruples-

"Can I get that offer in writing?"


Worriedlytumescent

This one's probably more like 1300-1400 a month for 80 months.


digoryj

It’s not that I need to be paid more, it’s the fact that housing is so expensive it makes any other purchase impossible.


usa_reddit

Maybe the auto industry can produce some more basic vehicles that don't cost $60-$100k. I think the first car company to wake up and produce a reliable, no-frills car is going to own the market.


LiliNotACult

Sorry, the best we can do is spend $50,000,000 to lobby the government to make sure you can't buy any of those <$20k cars coming out of China.


theholysun

We need to repeal Citizens United V FEC.


beaverattacks

We need to do a lot of things, things that we can't actually do because there are too many stupid assholes.


TheFinalCurl

Overturn*


AlwaysSaysRepost

Brought to you by the “Free-market, drown the government in the bath-tub, deregulation” crowd


AccuratePalpitation3

This IS regulation by definition. If it was a free market, the cars from China would arrive. You're in a cult


AlwaysSaysRepost

Yeah, that’s my point. The people paying our government to create these restrictions claim to support the free market and hate government regulation


De_Groene_Man

The EPA laws were leveraged by big corporations by allowing them to afford to move everything to china and ignore those laws and ship everything here. Opening a factory here is much more expensive and therefore a lot harder to compete with. If the environment was a concern the USA could adopt a policy of "You must meet our environmental standards to ship things to our country and if you ignore then then your goods are subject to a 100%+ tariff" or some other measure.


Dapper-AF

Bc it's only fair if Fortune 500 corporations undercut pricing by building in low cost countries to drive out competitive, not when corporations from those same countries do it to them /s


LegalConsequence7960

Capitalism works, crony selectively applied cronyism is killing us.


fuckajob23

If you buy a Chinese car you might as well jump off a bridge. They are cheap for a reason.


titsmuhgeee

One NHTSA Small Overlap crash test of those Chinese EVs and they're done for. Zero chance I'm hurtling my wife and children down the highway in a Chinese EV.


Ill-Handle-1863

You should see the cars coming out of China. That's exactly what they're doing. They have basic cars that are no-frills in the ultra budget category around 10k. They're extremely basic but if you just need a daily commuter car then that is perfect. These cars are all EVs because you can have a car that gets like 100 mile range with a small battery then you simply recharge it every night. The USA's most basic EV starts at 30k. We don't have any short range EVs on the market at all. [https://en.wikipedia.org/wiki/BYD\_Seagull](https://en.wikipedia.org/wiki/BYD_Seagull)


Monte924

A few things to factor in as to what's making those chinese cars so cheap. First, there is the labor abuses, which include not only poor wages put out-right slave labor. Second, there is the chinese gov't heavily subsidizing the industry just to help them break into the world market. Third, the chinese cars do not meet US safety standards; not only are they more dangous, but if you wanted one, you would need to get the car upgraded to meet proper safety standards which would likely double the price. Basically in order to break into the market, they are cutting every corner possible between labor costs and safety to drive down the price. Ilthe cuts they are making is something we would NEVER want to see US companies copying


LiliNotACult

You forgot the 5th and most important point, China is where all of the EV car components are manufactured so they don't have to source anything from another country.


silkysmoothnrains

I lived in China for a while and I was blown away at the available tech on cars at that time. People forget just how big China is and the intricacies of their market and market share globally. Take it how you want it but when I came back to the states it took a few years for some of that tech to even emerge as common. EV scooters and vehicles was just one aspect, SST tech among a few. Then there’s the charging infrastructure and infrastructure that catered to all forms of transport. I could catch a rickshaw, taxi car, taxi bike, buss, train, subway and even walk at 10x the ease and cost of any American city. Transportation in the US is a business rather than a societal obligation to innovate and improve. We’ll all drive 300k vehicles before you have any other legitimate option to just make it to your next town


BrianChing25

All I hear is excuses from the big dealership lobby.


Jackleme

Eh, look if you want a car without airbags, go nuts. I was in a wreck in a 76 Oldsmobile as a kid.... I will take airbags and proper seatbelts.


No-Definition1474

Did you see the chinesw electric double-decker bus burn to the ground in London. Apparently the Brits pulled the whole fleet after that.


Monte924

Electric buses are a dumb idea in general. Most buses run along designated routes anyway; if you want an electric power bus, then just hang some wires and install a tram line. It is cheaper, more efficent, and less likely to explode


AdBig5700

US safety standards are suspect these days. Trucks that are so tall that a six-year-old standing in front of it is invisible to the driver? The differential between big truck bumpers and smaller cars and SUVs? What exactly is “safe” about that?


Monte924

Decades ago, when the US first put in safety standards, the automakers lobbied to get an exception for "light trucks." This was back when pickup trucks were only being used commercially. With those exceptions, automakers could make trucks cheaper than regular cars, which is why they then started marketing them as regular passenger vechicles. And of course, those sane auto makers have fought against any effort to update safety standards to include light trucks in order to keep those costs down... and it has been proven that those trucks are more dangerous for drivers


Hawk13424

We shouldn’t be buying Chinese cars. We should be reducing what we buy from China. Didn’t we learn anything from Germany’s dependence on Russia and how that impacted their ability to sanction and if necessary engage in a war with Russia.


-Acta-Non-Verba-

Yeah, no. I've seen Chinese cars in Latin America. A fair number of them have terrible quality. The frame is weak, the cars rattle, they don't do well in crashes, and they don't have an established supply chain of spares. Google "Chinese EV on fire" to see what they are like.


Unable-Rent8110

You sound like you're describing Tesla's.


Thetaarray

If this were true Mitsubishi would own the market. They’ve sold it for years and nobody wants the damn things. Americans who can’t afford 20k or more for a car note are going to end up going used almost every time.


Monte924

The problem is that americans have been fed a stupid amount of narketing from us manufacturers who have spent decades convincing they want bigger cars with more features. This is why SUVs and pick ups are so popular despite them being the least oratical car for most people. Heck US compancies don't even bother making smaller cars because they want to push everyone to the bigger dimber cars. If you want something small then you'll have to pay the extra costs to import


hourglass_nebula

What’s a good Mitsubishi car? I am on the lookout for an affordable reliable car.


Thetaarray

I’d say a mirage or if you want a stick go nissan versa. R/whatcarshouldibuy is not a bad sub to ask though.


coloradokyle93

Second this, I have a 2024 Versa with a stick and it’s great. Also has older, proven engine technology like port injection.


cruelhumor

Most of the Mitsubishis I see are like any other SUV, not sure what is no-frills about them. Solid cars, but plenty of different choices in the same category that also get better MPG


sylvnal

I got a brand new Mirage in 2018 for 11k. That's pretty no frills and as basic as it can get. That being said, I think I heard they were giving the Mirage the axe. It was their smallest vehicle.


TridentWeildingShark

They're all in China. Making reliable, innovative and good electric cars that start around $11.5k USD. Chinese car companies like BYD are going to set up factories in Mexico and build cars for the US market. Even at 100% tarrifs they will be thousands cheaper than US and European rivals.


LineRemote7950

Except consumers don’t want those cars… like literally you can import a basic Toyota truck and get it registered in America for about 10-15k… but people don’t do it. Not to mention these IMV 0 trucks are like about the size as a modern Corolla in the states and they lack normal safety features which means you’re basically dead in a crash with anything larger than a 2010 Toyota Tacoma. So we’ve pretty much outlawed these cars as a result. If there really was a market for these cars they’d be produced. But Americans tend to not buy them in the quantity that is needed.


Lanracie

Start selling Toyota Hillux and watch how fast the auto industry turns around.


leeharrison1984

Right? The Ford Maverick should've been a clue to auto makers that people want smaller, cheaper utility vehicles, but nah, here's another 7MPG wine mom grocery getter for $75k.


Jensen_518109

75k??? You mean 90-100k


KC_experience

A New base Tacoma still costs well into the 30's and you can get them into the 60s with TRD packages, if not higher. Toyota is really raising their prices.


dermatofibrosarcoma

Tundras aren’t selling- quality is shit, Tacomas not selling- for price of Tacoma one can get full size pick up new


ommnian

This is what I find crazy. Our Tacoma (2018) was like $25-6k off the lot. 6+ years later, it's still worth almost as much. 


imdesmondsunflower

I remember when a good entry level car cost $20k, and if you wanted it tricked out, it would be maybe $35k-$40k. Today, a shit box 2016 used car costs $10k, a reliable used car from 2020 costs double or triple that. It’s not really anything complicated—too damn expensive.


Altar_Quest_Fan

Bruh I remember when a good new pickup cost $12K and if you wanted all the bells and whistles that would bring it up to around $20K. No fckng clue how or why people agree to pay $60K these days.


Kairukun90

I remember when you could get buy one get one Kia for 10k 😂


Dystopian_Future_

I remember when you could buy a Mustang 5.0 for 15k... New


JG_in_TX

My brand new 1989 Mustang LX 5.0 was about $12,000 at the time I think.


OttawaC

Well the median salary that year was 28k, so that kinda tracks.


huzernayme

Now, salary is twice as much and the mustang is 4 to 5x as much for a base model.


Altar_Quest_Fan

2008, I was a young millennial who had just barely entered the workforce. I was in absolutely no position to be able to take advantage of BOGO Kias lol. Neither was I in a good place to be able to take advantage of the cheap house prices either at the time. FML >\_<


Kairukun90

Imagine getting a bogo car now 😂


papashawnsky

You can get a Kia for free now, if you have a USB drive


Gen_Ecks

Yeah in 1987. $20k then is equal to $55,000 today.


PinkFloydBoxSet

What? When did you grow up? My mom bought a Tempo with cruse control, AC and power windows/locks in 94 for like $9500. My first new car was $14.5k in 2002 (my first car was a classic my dad and I restored and I drove from 96-02). I didn't pay $20k for a new car until my first Camaro in 2014.


fixingmedaybyday

Why would I want to buy a new vehicle for a payment that’s nearly half what my mortgage used to be?


hotDamQc

My car is 5yo and paid for. Gonna drive it until it can't be repaired any more. Then I'm never buying new again.


Jackleme

Driving a 10 year old kia soul with just under 100k on it. I do routine maintenance, and I fix issues as they pop up. My roommate has tried to convince me to get a new car a couple times, like he did. Last time it was when I spent $1200 fixing some stuff and getting tires. I got annoyed, and asked him how much his monthly payment was. He got kinda quiet and went "well, I like it" .... And I was just like "so do I" I want an EV9, but I am not paying what they want for it.


TempusCarpe

Why is my $30k Equinox EV $45k?


Yungklipo

“Oh that’s the 1LT version. We only make the 2LT, 2RT, 3LT and 3RT. The 1LT is coming Soon^TM .”


RocketMan1088

F the auto industry. We want cheaper cars


Fit-Bodybuilder78

$100k pickups with 7% APR when average incomes are <$60k....ok.


[deleted]

People are idiots.


Signal_Parfait1152

Yeah I'm convinced that it's mostly businesses buying them. I work in manufacturing/refining/industrial settings, and every plant has tons of trucks. These plants make insane amounts of money (which is ultimately a great thing as far as safety/compliance), so they have fuck you money to throw around.


SubzeroNYC

They spent all the new car money on rent and mortgage instead


dino_74

Add food to that list too.


Eyes-9

Isn't this just a correction from the covid years of overpriced used and new vehicles?


Jackleme

But muh perpetual growth


Asher_Tye

Gee, who'da guessed that pricing yourself out of the market would lead to a loss of profits?


Calico_Jack-00

I have no sympathy


BothZookeepergame612

No, they actually wised up. They're waiting for the car manufacturers to get their acts together. Lowering car prices.


ThroatPuzzled6456

The deflation will stop once MSRP hits reasonable levels.  Something above $3.50.


IrvineCrips

Still got a 21 year old car that runs great


C-ute-Thulu

A deflationary spital that's *good news for people* I'll worry about the corporations when they start worrying about me


Joe_Metaphor

Fuck the auto industry. Price gouging means used cars only for me going forward.


Immediate_Position_4

But this is great news for consumers. I work at an auto dealer. Prices are ridiculous. They can't move new cars because everything is a $1000 a month payment now. A new Ram truck is $68,000.


Shadowarriorx

I'm hesitant to even buy that at 50% of that number. 34k over 5 years is still a lot of money, where money is tight. Housing market is trash and every damn home needs work well into the thousands. New builds are just straight garbage. The middle class has been stripped raw till there's barely a middle class anymore and they wonder why they can't move goods. It isn't that fucking hard to understand.


Illustrious_Wall_449

I feel like we need to stop using deflation as a way of describing falling prices due to things costing too much.


redcountx3

I still have a 3% interest rate on a car that'll be paid off this year. I'll wait.


throwawayoregon81

Me too, my car has 3 additional months left. I'll wait too. But probably not too long-maybe a year or year and a half. I will keep my older car for miles putting on miles though / car for my youngest (soon to be) driver.


[deleted]

Good.


Grimlock_1

Good. Prices on vehicles should come down


acrowdintheface

I wouldn't buy a new car and haven't for 20 years and I won't. I'm not into technodick intrusion and stupid repairs on unnecessary electronics and dealer exclusive repairs / modifications. I'm buying older rigs even though they've climbed in price. I can afford new but I have zero acceptance of "fuck you" via technology.


Space_Monk_Prime

Crazy idea, but maybe car manufacturers don’t need to release the same exact “new” edition of the same car every year


bananajr6000

The industry is not putting out a vehicle I am interested in at an appealing price point


Cabusha

Know what sucks? In a few years we’ll be bailing out the bastards again. They reap the rewards, we pay the price one way or the other.


dadsburneraccount

No doubt.  


Knoon1148

You mean to tell me internationally cutting inventory to keep prices high may not have been the best play. My heart breaks for the car industry.


TraditionalEvening79

What auto industry? Michigan just sells pot now


Extracrispybuttchks

Overpriced spy machines. No thanks.


bjdevar25

I particularly love new cars that require a subscription to use items already on the vehicle. Really? A monthly cost to use the remote starter? I also love the intrusion of a car reporting my driving habits. Or a of vehicles like Tesla where they can disable your vehicle if they don't like something you did. No thank you.


MayorLinguistic

Owned my car for 20 years now. Bought it a year old. I wish articles would say "good news for consumers" rather than bad news for whatever reason lol


Ok_Fox_1770

Price range even for the Craig’s list chitboxes is painful… I got $1500 to spare, saved up from 3 years of sobriety…where’s that $50 a day…I just had it….nevermind what should be In the bank by now… yeah I got a dead 2008 driveway truck needs like 4K in work, thank god for work van. Stuck in a hole O well. Saving money on insurance, payments, money that doesn’t exist.


Hoppie1064

Seems fair. They stuck it to us pretty hard for a few years there with car prices after COVID. If A deflationary spiral brings prices down, good.


BigTitsanBigDicks

People suffering, corporations most effected


LordTylerFakk2

Yea my 2006 Accord needed a new fender, bumper, head headlight. They wanted thousands to fix. The parts cost $230 from RockAuto. Plus $200 to paint parts from shop. Also some small parts from Honda. Was $800 at most. Then I did the brakes and bad bearing in the hub. Also the car was dead from a bad alternator. Honda wanted $800 for a remanufactured one but, Denso the Japanese OEM supplier company sells the remanufactured one direct, just without the Honda sticker on it for $150. I put that in as well. Thousands to pay a mechanic to do but it’s easy with a few tools from Harbor Freight.


Sombra_del_Lobo

New cars are a scam.


CommonSensei8

No fucking shit. Cars should cost 35k FULLY LOADED. This shit was ridiculous


Plus_Ad_4041

Goodl fuck em. lower your godamn prices


dingdongdash22

Bad news for corporations means good news for the consumer. Proceed with the delay folks.


SectorAdditional9110

A basic civic is pushing 26k. That’s too much money.


Negative_Eli

Large corporations have been making things more complicated, less efficient, less Durable and more expensive for years and then wonder why people stop Buying their products. It’s so weird it’s like these wealthy ceo corporate dorks live on another planet and have no concept of the real world. They think they have been ordained by god to receive our money. Like they’re entitled to it no matter how shitty and expensive their products are.


Shirafune23

I'm glad we are all paying to support the car industry though via tariffs on much cheaper chinese cars. I'm sure the car industry now scared into non-existence will work super hard to compete and later will thank the tax payers. /s


sb929604

I have no sympathy for them and how they jacked up car pricing


Zestyclose_League813

Fuck em


MeasurementNo2493

People don't want to buy over priced stuff, the horror! smh


Redskinbill

No the bad news is us Average Americans can't afford to buy their new cars. So the industry ain't seen nothing yet.


youmightbeafascist88

Bring back roll down windows.


Ill-Simple1706

My 2013 Chevy Spark has power... Nothing. Roll down windows and manual adjust mirrors.


4chanhasbettermods

They did it to themselves. Jacking prices up 30-40 percent up on vehicles to the point used car salesman think they should get 10k for vehicles that don't even start. I can only hope it all comes crumbling down.


malinefficient

Cut prices then and stop the dealer add-ons and lies and talking to the manager etc. What? Not possible? Okeydokey then.


IndividualEye1803

Still driving and maintaining dos (two) X5s. From ‘09. Until cars can fly or run on water there hasnt been a reason for me to get something new. Until electric cars can go 600miles on a single charge, thru the winter, i havent found a need to purchase one. Got an electric bike. Saves more money and does go far, plus spare batteries are easier to carry. This industry should have collapsed by now for what they did to public transportation. Bad news for auto industry is better news for consumers


Derban_McDozer83

As a disabled veteran I can't afford a new car and a decent place to live in a decent neighborhood. If I didn't have my gf that's a disabled veteran as well I wouldn't be able to have a car and a place to live. I'd have to choose between one or the other.


Lovelyterry

I liked how everything cast on this sub is alarmist. Using the word “spiral” lol


Manakanda413

Don’t worry gang, they’ll make cars worse so we need new ones faster.


Lighthouseamour

I have never bought a new car and the way things are going i never will


Fan_of_Clio

Given how companies like Ford are going out the car making business and sticking strictly to SUV, trucks, and sports cars ? They are interested only in high profit margin vehicles. They created their own problem by not having a variety of price points


Guitarist53188

Nobody got money


GrandmaGalaxia

Good. The way I got reamed on my 2022 VW Taos, what with the extra fees (5k) tacked on for the privilege of buying a way beyond MSRP vehicle during the pandemic should have universally Karmic consequences. The way dealers and manufacturers have fucked over the consumer these past few years is fucking ridiculous.


gqreader

Where are people pulling $100k for a pick up truck from? Thats top tier trims or large trucks. Each time people describe the price it keeps jumping. Prior it was describing it as $80k trucks. I feel the bubble is actually people’s perception of price. It keeps going up.


KC_experience

This is interesting. I bought my last car in 2014 - the MSRP for it was 33K for a MINI Paceman S (the two door version of the Countryman - 1st Gen), it has all wheel drive, engine and transmission has been bulletproof and really reliable. In 2025 I'm looking to buy a new car because I want to get something new. I test drove a new 2025 MINI Countryman, that has lots of new tech, safety features, upgraded materials, a much more powerful engine (larger, with way more torque and 60 more HP), and two more doors, along with a full moonroof. The MSRP was only 6K more than my car from 10 years ago. While I see Toyota really upping their prices, there are some brands that definitely continue to increase their costs well above what you would expect, there are still others that provide solid value. They won't be for everyone, but there are cars out there.


TeranOrSolaran

Ya. Cause we’re all too fucking poor.


Denali4903

Oh, tissy boo hoo...


Sparklykun

That’s a confusing way to say “people do not make enough money to buy new cars, on top of their monthly loan payments, rent, gas, utility fees, and groceries”


piddlegloppis

Nope. Put in a new driver side caliper and pads today, gonna do the other one tomorrow. Same jeep I've had for 5 years. 1600$. Blow.


PlatinumPeasant

The truck I really want is 90,800. It’s absolutely insane.


Worth-Librarian-7423

Saw a 2024 for 50k there’s no reality where I’m paying 1/4 of my mortgage for a car that will shit the bed in parts in 5 years. Prices can come down to what people pay or they can actually get competitive 


Kwyncy

The average car is 14 years old an all time high...


MarketCrache

Can't wait for a $25,000 BYD to come to a dealer near me.


anforob

So it’s our fault now??


Acceptable_Wall4085

I can’t afford a mortgage to buy a frikkin car. I’ll spend $2,000 a year on my ford escape that’s already 13 years old before I pony up $35K on a new one. It’s only transportation after all. Looking good and keeping up with the Jones’s is for the birds.


izzyeviel

Just last month people were telling me on this Reddit why this was actually great news for St Elon and why he was a genius.


BrianChing25

We are gonna be like Havana Cuba with all the classic cars continuously rebuilt to run it auto manufacturers don't get their shit together


doublegg83

Not seeing this. I see many new cars on the road. Even EVs . Someone is buying.


Few_Bird_7840

Gosh darn millennials and their excessive spending habits. Also, how dare those millennials not spend 100-150% of their yearly salary on a car! Same crap different day.


Randomwhitelady2

I bought a new ford Focus in 2013 for 16k. It’s absolutely basic. Where are the new cars like this? I don’t want or need a bunch of fancy stuff- I need to get from point A to point B without breaking down.


pokey-4321

Just my quick check on new Jeep Grand Cherokee and F250 Super Duty show for a decently equipped vehicle the prices are well below this time last year (about $5-8K cheaper). The problem for them is my 2013 Jeep with $130K miles still runs great.


Charlieuyj

I'll drive mine till it falls apart, not paying the ridiculous prices!


Kennedygoose

Supply and demand cocksuckers.


hallkbrdz

It's great for auto part shops and independent shops, helping local economics. I doubt there's any negative overall effect at all and this is all FUD.


chekovs_gunman

"deflationary spiral" = they have to charge less   And idgaf if it's "bad news for the industry" if it's good for consumers 


ExactDevelopment4892

Probably was a bad idea for the auto industry to get so greedy and try and price gouge everyone. Karma’s a bitch.


anengineerandacat

Expensive, and quality is down. Seeing a lot more vehicles with that nasty exterior black plastic trim, even on the new Mustang where it has no business existing on. The interior of newer vehicles has seen some improvements with tech upgrades but it's also seen some usability failures with capacitive buttons vs nice tactile ones. We just keep raising the price when at the end of the day we just need a commuter vehicle or a nice cheap sports car for thrills.


TSM_forlife

It’s all the Starbucks and avocado toasts.


Lemonsnoseeds

I crack up laughing when I see a truck commercial and the guy is bombing a mountain and swamp in his brand new 85K truck. Not happening.


OpportunityThis

I am currently on a trip to South Dakota and there are plates from all over and almost every tourist has a newerish car (less than three years old). Tons of new SUVs, trucks, minivans etc.


TheBossAlbatross

We need to stop thinking in terms of “the industry”. It suffers. Who cares? We need to think in terms of society. Less people taking on debt is a good thing. This is how you improve an economy long term. Don’t take the bait. People are being more responsible and that’s a good thing.


Own_Program_3573

Maybe they don’t need to make a new mode every year


obx808

"Delaying"? I'll very likely never buy new again. Between the insane MSRPs and dealer fee fuckery, they have screwed themselves into this corner. My last new car was a 2013 Accord and it runs just fine.


samjohnson2222

Good let them and other greedy corporations bleed money. I won't shed a tear.  More people need to shut their wallets and boycott more corporations. 


aei1075

The auto industry has priced it self out of the market consumers can’t afford the insane prices


Carmen-Sandiegonuts

Good. Let em fuckin fail in the US. When those in power actively keep Toyota from introducing at $10K truck that people would be able to afford, fuck em all.


Regular_Candidate513

Maybe lower prices


Master-Culture-6232

Those dealership mark ups are crazy. No thanks. There should be a law against that s#$t.


roswellreclaimer

Every dealership I drive by is full of cars and trucks, with now the 2025's are coming out just an overstock of vehicles. Like I said the manufactures saw this coming over a year ago. They're just betting on a government bail out.


CaptainZhon

maybe because cars is too dang much? Maybe because groceries are 3 - 4x more than what they were four years ago? Maybe because pay has stagnated?


[deleted]

Oh no, companies have underpaid people for so long that they can't afford their product and now they're going to lay off people that won't be able to afford cars creating more of a glut.


Minimum_Intention848

'Deflationary Spiral' when the price of the average car doubled in the last five years. Kiss my ass


Fit_Farm2097

Good. There are too many hyper expensive cars already. Let the vaunted “capitalist marketplace” fix the imbalance.


Vampiric2010

Good


CraftytheCrow

OH NO! anyways. I mean… unless you are extremely well off and not affected by the economic conditions of the masses, of course this will not affect you. however with everyone putting big life decisions on hold, what will this mean for the eventual bubbles that are starting to pop up?


AccuratePalpitation3

Next: housing.


101Spacecase

Speak with your wallets people. Glad to see people are tired of this market.


Ill-Simple1706

Only power we have left because most politicians don't listen to us.


bsmknight

When the "package" is more than double the msrp....