New car prices are out of control

Discussion in 'Off Topic' started by OILFIELDTRASH, Feb 6, 2013.

  1. LegendKiller

    LegendKiller Lifer

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    Catspaw. It's funny to see them get into such a tizzy.

    I even got Pho to now resort to denigrating my intelligence through my profession. So much for his supposed high-end diagnosis and calling me a "sad little man" or whatever. He's the first to drop it to that level to justify his position.

    Despite him being so educated and being able to proscribe drugs he still went there.
     
  2. MagnusTheBrewer

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    Okaaaay. The point, one more time, was to give perspective on how much cars and the world have changed. It WAS possible for a kid in High School when I was to save enough money working part time jobs to buy a brand new car. That is no longer possible. Got it?
     
  3. waggy

    waggy No Lifer

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    did you read what he wrote? you are talking after college he is talking WHILE IN HIGH SCHOOL!
     
  4. child of wonder

    child of wonder Diamond Member

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    You're absolutely right. My dad saved up and bought himself a brand new 1974 Cougar XR7 for $3,000 shortly after he got out of high school.

    Cars today are astronomically expensive compared to years ago. That same Cougar should only cost $12,000 today after inflation. Instead it would probably go for $30,000 now.
     
  5. ponyo

    ponyo Lifer

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    Minimum wage in San Fran is $10.55 an hour. Even at 25 hours a week, that ~$264 every week, or ~$13,700 in a year. And during the summer and Christmas season, the kid can work full time to pull in more money. $8k a year is doable if that's the sole goal of the kid.
     
  6. waggy

    waggy No Lifer

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    cool san fran has no tax's on kids?
     
  7. lxskllr

    lxskllr Lifer

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    Most of the country is $7.25. Figure $8 per hour if the employer's generous. That gives you ~$10,000, and you haven't paid taxes yet, or bought your trip to/from work every day.
     
  8. ponyo

    ponyo Lifer

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    Even after taxes he's going to net far greater than $8k. What, San Fran is part of Europe now?
     
  9. ponyo

    ponyo Lifer

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    Magnus said, "That isn't even a remote possibility for the wealthiest areas today."
     
  10. MagnusTheBrewer

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    Let's not forget sales tax, insurance and, gas. All of which have also skyrocketed. I still say it's not a possibility. I won't even go into the differences between driving a Mustang and a Fit. :D
     
  11. Meghan54

    Meghan54 Diamond Member

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    Cougars in 1974 were a tad more expensive than $3K. That was the year the Cougar moved to a T-bird size. NADA has its orig. retail at $4700, and that seems about right. I was actively shopping new cars in 1974 and drove, among others, a '74 Cougar. Uninspired.
     
  12. BUTCH1

    BUTCH1 Lifer

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    Yea, it was basically a re-badged Torino..
     
  13. BoberFett

    BoberFett Lifer

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    Mark VIII
     
  14. Meractik

    Meractik Golden Member

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    I recently took part in helping someone purchase a brand new ford vehicle. and while I must say in the past I also was very skeptical and leary of purchasing new the new maintenance packages they offer with optional GAAP coverage for the entire life of the car as long as you finance with them (which depending on your credit you could get really good rates) might justify the purchase of a new car in my future rather than stick with used.

    I am not sure if other car manufactures hopped on this band wagon and offer full maintenance packages for their vehicles that you choose to finance through the dealer but if they do (which basically means all maintenance and care for your vehicle is completely free to you and all they do is tack on an extra $20 a month to your payments) The interest on the vehicle remains the same and the cost you agree upon for the vehicle is also not influenced by this option, its an option that is only discussed with buyers upon speaking with the dealership finance department. its COMPLETELY optional and it is not at all like a extended warantee, literally EVERYTHING for your vehicle is taken care for for the entire life of the loan through the dealership, oil changes, tranmission flushes, fluids top off, tires (to include new ones if required), etc... etc... etc.. pretty good deal if you ask me.... assuming you know how to play the game and get a good deal on a car to begin with.
     
  15. BoberFett

    BoberFett Lifer

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    Actually, a $9k motorcycle is cheap. And yes, I routinely make fun of people who ride Harleys because they want the image. Harleys are all about status. I ride a Suzuki and have every bit as much fun riding as people who spent twice as much on a bike.
     
    #440 BoberFett, Feb 10, 2013
    Last edited: Feb 10, 2013
  16. Meractik

    Meractik Golden Member

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    I am not a motorcycle rider of any kind but I think people do harley's b/c of the comradery among riders and the fact they're highly customizable.
     
  17. BoberFett

    BoberFett Lifer

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    Camaraderie based on brand loyalty = Poser
     
  18. Meractik

    Meractik Golden Member

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    I agree. but that doesn't make it any less true, look at Apple stores and their brand loyalty. People are not paying a premium for the technology in those devices by any means.... its for the 'brand' name.
     
  19. ponyo

    ponyo Lifer

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    You're paying premium for the technology in Apple devices. You can't get iOS on other devices other than Apple handhelds. Same with OS X on the computer. Well technically you can for computers with Hackintosh but it's hacked setup but you still need to buy OS X from Apple.
     
  20. eldorado99

    eldorado99 Lifer

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    This is acceptable. Does the air suspension still work?
     
  21. unokitty

    unokitty Diamond Member

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    I lived in Daytona Beach during the 50th anniversary of Bike Week.

    400,000 older men, all dressed in black, all trying to look vaguely dangerous, it wasn't pretty ...

    Never seen so many Harleys on trailers before in my life.

    And then, there's the fact that the old men can't seem to stop dying while riding... 20 killed in 2006, only six killed in 2011...

    While I've owned six of seven Japanese cycles myself. Rode in the Bike Week Parade, I've never had much respect for anyone that thought that a lifestyle was something that they could purchase at a motorcycle dealership...

    Uno
     
  22. Naeeldar

    Naeeldar Senior member

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    I have a 09 600gsxr. I know how bikes work but the fact of the matter is by the logic being used here you and i should not have one because we only need a basic car to get from point a to point B and thus the bike is as much a waste of money as a fun fast/good handling car.

    The point is people should enjoy whatevever hobbies they want and can afford.
     
  23. BUTCH1

    BUTCH1 Lifer

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    I live in S. Daytona, bike week traffic is so bad I usually take a week's vacation because I work near the Iron horse saloon and Smiley's and it takes an hour to go 12 miles, on the plus side the golf courses are empty as not many want to deal with said traffic so I usually end up getting in a few rounds during the week..
     
  24. OverVolt

    OverVolt Lifer

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    I'm not a BMW fan myself either. I legitimately don't understand why some people love them so much.

    I know people who saved, and saved, and saved, to buy some used BMW that was basically a lemon in reliability. He was so happy with it. I just didn't get it.
     
  25. BoberFett

    BoberFett Lifer

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    Yep, but this car is starting to be more trouble than it's worth. Love the car, but I might be getting something else soon.