The Alfa Romeo 33 Stradale - far and away the most achingly beautiful car ever made

Fuck yes, at the end of April.  Turned out to have been a smart move.

Ediotorial what now?

It’s almost like when you shut down global production during a pandemic, supply moves to a trickle for months, and the waves of impact are felt for years.

Yeah, I don’t know how people buy new cars, it just doesn’t make any sense. I could afford to buy a fancy, expensive new car, but I would VERY much prefer to save more money and be able to stop working at some point. Buying a $50K+ new car seems crazy. Especially since most new cars are pretty crappy these days. Used…

“has already “rose”? i mean i realize this is not Spinelli’s Jalopnik, but i occasionally still check in to see if any remnant of the intelligent and witty journalism. How does a grammatical error in a Headline like that even get by a minimum of editorial review?

Debt. Mountains of Debt. Until this past year my current boss was my peer and just bought a 600+k house and two Audi’s and combined with other debt is probably close to the -$1M mark. He gets justifiably annoyed when I have two paid off cheap cars, a paid off $200k, and no other debts. I just make different (better) de…

And even in the case of the Maverick, Ford is banking on most of the volume being the higher priced AWD ecoboost trim levels; which is part of the reason the base hybrid is going to be order only and not stocked on dealer lots.

As others have pointed out, average transaction price ignores what is actually being purchased. A local Mercedes dealer here could sell you a $40k A220 or a $183k G63 tomorrow. If the average transaction price goes up, it doesn’t automatically mean a Mercedes costs more, it could mean more people are buying S-classes…

I admittedly make more than the average person (but live by myself, so maybe that skews perception a bit), but find the thought of a normal person affording a $400k house and a $40k car on my salary is nauseating. That’s approximately $4000 per month which is…ugh.  There’s got to be some breaking point, I just don’t…

The XT4 starts at $35,800.

“It’s a defacto return to feudalism where a few people own all the property.”

Does Cadillac make anything else? 

This is obviously not good, but it’s not necessarily as bad as it seems.

I think it’s a bubble. In fact I REALLY hope it’s a bubble. Consider the alternative. If it’s not - the middle class are no longer a home owning class in America. And that really means there’s no middle class anyone. It’s a defacto return to feudalism where a few people own all the property.

Rory Ried had an explainer video for what we’re seeing

How do people afford these prices for new cars and find it acceptable!?

Cadillac, for example, saw ATPs jump up more than 32% last month, reaching $81,939

In LA, I would maim and kill for a $500k house that is habitable.

Other than the grammar in the headline, there are no surprises here.  Those who have more money are buying at higher prices while those without money aren’t buying.  See many entry level models being introduced?  Not even the Honda Civic should be considered an entry level model; remember the Fit.  The only entry…