Anyone buy a new car lately during the chip shortage? I did. Update 1/27/22 - Now no limit on prices

[NutBucket]

My friend just bought a Santa Fe hybrid. Ended up paying a $4k markup but he was in a bit of a bind since his old Pathfinder blew a head gasket and wasn't worth repairing. But he's in a good spot financially and needs a larger vehicle for camping trips and such.

 

[AdamK47]

Sold three of my cars this year, including two Corvettes. Made good money on them and put it in tech funds. Placed an order for a 2022 R8 in July. Still waiting for allocation. The positions I intend to sell before purchase have continued to rise.

 

[vi edit]

You should post a seperate thread describing your experiences with the Mach E, I find that vehicle to be interesting, but I wanted a gasoline engine for now.

I was going to go hybrid but I was reading they actually raise your insurance prices because they are more expensive to repair after an accident

I've got a thread here:

Well this just happened...I now own a Mustang Mach-E

Achievement Unlocked - Midlife crisis car purchased. :p Real long story short, a contract I'm on got renewed for another 4 years. I have to drive a several hundred miles a month that I get a per diem for. The used car market is batshit insanity and Carvana is giving me a crazy amount of...

forums.anandtech.com

I can't really explain how nice it is to be able to come home late at night and just plug your car in and no go looking for a gas station when it's pouring down rain and sketchy out. Our use case works great for an EV so it's pretty...well...empowering to be able to fuel your car in your driveway.

Insurance wise, the Mach-E was oddly less to ensure than my Pacifica Minivan. Pacifica was $450/6 months. Mach-E is $400. Of course it jumped almost $100 a month when I went from 2 cars to 1. Didn't really get much of a savings there. Booo.

 

[JulesMaximus]

I've got a thread here:

Well this just happened...I now own a Mustang Mach-E

Achievement Unlocked - Midlife crisis car purchased. :p Real long story short, a contract I'm on got renewed for another 4 years. I have to drive a several hundred miles a month that I get a per diem for. The used car market is batshit insanity and Carvana is giving me a crazy amount of...

forums.anandtech.com

I can't really explain how nice it is to be able to come home late at night and just plug your car in and no go looking for a gas station when it's pouring down rain and sketchy out. Our use case works great for an EV so it's pretty...well...empowering to be able to fuel your car in your driveway.

Insurance wise, the Mach-E was oddly less to ensure than my Pacifica Minivan. Pacifica was $450/6 months. Mach-E is $400. Of course it jumped almost $100 a month when I went from 2 cars to 1. Didn't really get much of a savings there. Booo.

My boss has one and he loves it. I have ridden in it a couple times and I am impressed with it. It’s a really nice car with plenty of power. Quiet, comfortable, roomy and well put together.

 

[vi edit]

My boss has one and he loves it. I have ridden in it a couple times and I am impressed with it. It’s a really nice car with plenty of power. Quiet, comfortable, roomy and well put together.

Yeah it's a weird niche for sure. I'd like to know what Ford's internal demographics studies said the typical buyer looked like.

I had a reservation in for a Lightning. I sort of knew about the Mach-E vaguely. Then when I started hitting up some of the Ford forums the Mach-E was coming up and I started looking at it a bit more. Then I looked at it a lot more. Then I started seeing what used car trade in prices were like and was watching the numbers on Ford's federal EV credit. I had concerns by the time I got delivery of a Lightning I'd get a reduced amount. So we started calling around at dealers and found the demo car. Were more just intrigued to see what it was like. Got it for a three day weekend and were like "WE WANT THIS". And that was that. Got 10k between state and feds and a massive trade in for our used cars.

It's kind of a crossover in a lot of ways. It just hits someone that wants a fast car, someone that wants fast car looks, someone that wants comfort, someone that wants an EV, someone that actually has a family, and someone that wants a bit of a dealer network that isn't Tesla. It's more aggressively styled than a Tesla or VW. More car like than a Tesla. Has the Ford/Mustang name badge that VW doesn't. And just draws an insane amount of looks.

 

[IGBT]

I bought a 2021 Toyota 4wd TRD Tacoma 4 door cab. The voodoo math the dealer spins isn't worth expanding on. They are in short supply. I bought it off the Auto Transport before it touched the asphalt.

 

[FelixDeCat]

I bought a 2021 Toyota 4wd TRD Tacoma 4 door cab. The voodoo math the dealer spins isn't worth expanding on. They are in short supply. I bought it off the Auto Transport before it touched the asphalt.

Congrats! The Toyota lots are usually empty so getting exactly what you want takes patience if you are picky. I wanted the color red with the exact number of features and it cost an extra $5,000.

Did you have to pay over MSRP to get it?

 

[IGBT]

Congrats! The Toyota lots are usually empty so getting exactly what you want takes patience if you are picky. I wanted the color red with the exact number of features and it cost an extra $5,000.

Did you have to pay over MSRP to get it?

No dealer markup. It was shipped with a roof rack / side step body bars / 4 door / upgraded TRD wheels / tires / lights / interior / Bilstein off road suspension. It's ultra white with TRD / Off Road badging.

 

[evident]

I bought a 2017 MDX Hybrid for 32K last month. It had 77K miles on it but in great condition. I think i overpaid about $4K for it but those hybrids are hard to come by and it was really the car we wanted.

 

[MadScientist]

I was browsing the Hyundai dealers here in TN, again, for prices on the 2022 Hyundai Tuscon. They are now adding a market adjustment charge to MSRP, $2975., plus $2500. if you pay cash, and a $700. stealership doc fee.

 

[FelixDeCat]

^yup

There is a word for this...the euphemism is "Inflation".

 

[killster1]

I sold a 2013 Ford C-max with a couple grand in body damage, balding tires and 55,000 miles on it in July to Carvana for $7500. Dealer was going to give me $5000 and we don't charge sales tax on cars in Oregon.

We then bought an AWD Extended Range Premium Mach-E that was a dealer demo with 2100 miles on it for MRSP. That was the only extended range premium on the west coast over the summer. Most dealers were charging $5,000-$10,000+ markups on even the base models. We bought from a rural Ford dealer that basically sold trucks and they just wanted to move it. So was ok giving sticker for the exact car I wanted.

I then turned around and sold a 2016 Pacifica van with 45,000 miles on it to Carvana for $25k. I paid about 31k for it. So I used it for 5 years for about $6,000. Not bad.

I'm now a gas free household. I use an e-bike for a lot of my kid hauling around town. Then the Mach-E for everything else. Happy so far.

how do you use a ebike for your kid hauling? or they haul themselves with it?

 

[vi edit]

how do you use a ebike for your kid hauling? or they haul themselves with it?

I've got around a mile trip to my 10 year old's school. Toss him on the back of this and haul ass. It takes me 10 minutes round trip on a bike, 20 by car.

 

[vi edit]

I had one of these, but consolidated down to the smaller bike.

 

[killster1]

I've got around a mile trip to my 10 year old's school. Toss him on the back of this and haul ass. It takes me 10 minutes round trip on a bike, 20 by car.

View attachment 54488

oh two seats, super cool,

 

[vi edit]

They really are. You can get a basic one for about $1400 (passenger seats and fenders) and it's just a great little urban run about. I've put over 1500 miles on that thing since January 2020. I can get 20-30 miles on a $.07 charge. I do about 20 miles a week getting my son and back to school. Earlier this year I was taking him to practices which were around 4 miles each way. And I bike to a lot of game nights at the board game shop that's a 12 mile round trip. It's just a lot faster in most situations than driving.

 

[killster1]

They really are. You can get a basic one for about $1400 (passenger seats and fenders) and it's just a great little urban run about. I've put over 1500 miles on that thing since January 2020. I can get 20-30 miles on a $.07 charge. I do about 20 miles a week getting my son and back to school. Earlier this year I was taking him to practices which were around 4 miles each way. And I bike to a lot of game nights at the board game shop that's a 12 mile round trip. It's just a lot faster in most situations than driving.

best part is you dont have to register it and insure i guess, 1400 is a lot, i dont understand exactly how it is faster unless its a traffic situation then it seems dangerous to be in heavy traffic on a bike.

 

[vi edit]

For a bike it's...whatever. It's not a $200 walmart bike but it's not some $8000 carbon road bike either. Factor in how much 1400 miles of urban driving costs you in gas and it's not terrible. Time wise I live in Portland which is one of the most bike progressive cities in the country. I can take neighborhood greenways that prioritize bikes instead of cars and not deal with stop signs or stop lights. I can also do a u-turn on a dime on a narrow street instead going around multiple blocks of one way traffic to get where I need to. It's just significantly more convenient for a lot of trips.

When it comes to my longer trips, I can avoid the I-5 gridlocked dumpster fire at rush hour that can take 45 minutes to go 6 miles instead of doing it in 25 on a bike that doesn't have to deal with bumper to bumper traffic on a protected bike path.

 

[BarkingGhostar]

Also factor in how much additional medical and life insurtance you will need for biking on a road with cars driven by motorists that don't give a F about bikers and there is the catchall.

 

[BoomerD]

I was browsing the Hyundai dealers here in TN, again, for prices on the 2022 Hyundai Tuscon. They are now adding a market adjustment charge to MSRP, $2975., plus $2500. if you pay cash, and a $700. stealership doc fee.
View attachment 54478

I looked at a Hyundai Santa Fe hybrid last night on one of the "local" dealers' website...they are asking $7995 in "market adjustment." Fckn crazy stuff.

 

[NutBucket]

My friend was "forced" to purchase a vehicle recently and paid something like a $5k markup on a Santa Fe Hybrid. The local Honda dealer had an $8k markup on every 2022 Civic. Not sure if they are getting it but it was on the window.

 

[vi edit]

I've been following Mach-E purchases and it looks like 5k market adjustment is standard with some dealers going to 20k. Ouch.

 

[Ajay]

^yup

There is a word for this...the euphemism is "Inflation".

And a supply shortage due to the lack of critical digital electronics components, including microcontrollers.

 

[Ajay]

I've got around a mile trip to my 10 year old's school. Toss him on the back of this and haul ass. It takes me 10 minutes round trip on a bike, 20 by car.

View attachment 54488

Wow! Those are some FAT tires. Looks like you can handle some snow with that!

 

[vi edit]

Wow! Those are some FAT tires. Looks like you can handle some snow with that!

Heh. It's hard to tell in the picture but we got about 8" in Portland earlier this year. That's a decent amount for us. The roads got rutted pretty good because it got a layer of ice on it after it snowed. So I just used the throttle and used my feet like toboggan sleds and cruised in the car tire ruts. Beat walking