“what’s best for everyone.”

I’ve never understood the perceived shame of the minivan. They’re typically comfortable to drive and roomy. I’m also a big fan of fold-down armrests. Don’t forget about that dope Nautica package from back in the day.

You’re seemingly suggesting that people who own F250's don’t have the foresight to calculate fuel costs (or glance at that section of the window sticker). Production is guided by consumption; not the other way around.

It does. If people stop buying high emissions vehicles, they will stop being made. As long as people still want them, they will continue to be made. I think you tried to be snarky about the free market while ignoring the fact that no one is forced to buy any particular vehicle.

People with Bugatti money don't typically live in neighborhoods.

That wouldn't solve anything. Look at StubHub for examples. 

COTD

There is a point where profits will decline with increased production. The manufacturers surely ran the numbers and have a target output.

That's not price gouging.

And as far down as your comment is buried, you, me and Peter Shiff are the only ones who seem to be expecting it. 

And as far down as your comment is buried, you, me and Peter Shiff are the only ones who seem to be expecting it. 

Or you can buy a top-of-the-line head unit for a few hundo and skip all the other stuff. I wanted Bluetooth in my truck but instead of buying a $45,000 2019, I bought a new stereo and spent a few minutes installing it. Saved about $44,800 altogether.

Or you can buy a top-of-the-line head unit for a few hundo and skip all the other stuff. I wanted Bluetooth in my truck but instead of buying a $45,000 2019, I bought a new stereo and spent a few minutes installing it. Saved about $44,800 altogether.

Tis reads like those clickbait articles I can't stay away from (ie - casinos hate this one trick and they can't do anything about it). The truth is, dealerships don't really hate that stuff unless the customer is being obnoxious about it. It cuts the transaction time significantly when the customer is informed. 

Tis reads like those clickbait articles I can't stay away from (ie - casinos hate this one trick and they can't do anything about it). The truth is, dealerships don't really hate that stuff unless the customer is being obnoxious about it. It cuts the transaction time significantly when the customer is informed. 

I agree in theory about fiduciary duty, and absolutely do not advocate lying but where does it end? The F&I guy is not selling financial advice the way an advisor would.

I agree in theory about fiduciary duty, and absolutely do not advocate lying but where does it end? The F&I guy is not selling financial advice the way an advisor would.

Very nice explanation! I feel like that final sentence could help close a lot of deals with car buyers who are on the fence between buying new versus used. I almost wish I skill worked at a dealership. Almost.

Employers won’t raise wages as long as the supply of cheap labor exists. The prices of everything else rise in direct relation to people’s willingness to pay those prices. These things are considered to be at equilibrium despite troves of low-skilled employees demanding higher pay (they're easily replaced)

I can't imagine a scenario where your mortgage would only be a difference of .25% between 15 and 30 years. Even if the 15-year had a slightly higher APR, you would still save money with the shorter mortgage length.