The pandemic isn’t just happening in California, so if that played a part, then you’d expect to see a net movement of 0. If your post had merit, then this article could have existed anytime, instead of just now.
I want to come to where you are. I’m looking for a solid front axle weekend toy, and anything that was $1,000 in January is $4,000 today.
I bet you that I got better deals than you on my last 3 cars, which were 2 purchased for myself and the one that I brokered for a family member, by paying the asking price on a good trim, good condition used car at the no-haggle dealership, than you did by grinding down the salesperson, wasting your time with email,… Read more
That professional, as I stated in my comment above, ALSO does not negotiate on used cars, in many cases: “If a dealer won’t budge and you have found the cheapest car in the area, that is the deal to take.” Read more
Yes, I’m comparing it to a loaf of bread. You look at a price, and you either buy it, or you move on. If someone is priced in the stratosphere, then you move on. If it’s a great price, you go buy it. The people priced fairly will have their cars purchased, and the ones priced unfairly will languish on lots until they… Read more
Rental cars aren’t abused, that’s such a tired old trope. Do some young idiots hammer on the cars a bit? Yeah, but that’s the vast minority of renters. The industry is largely propped up by companies that have employees that travel some percentage of their time at work. If a group of business people are flying to… Read more
Consumers DO want to see that. They don’t want to have to go fight the dealership, which is why Tom McParland is one of the remaining good authors on this site. The whole dealership experience is a nightmare for most people. It’s much easier to have clear, up-front pricing and know what you’re getting into before you… Read more
It does favor the buyer. Instead of creating a situation where you don’t know what you’re paying, and you have to then play the game, threaten the walkout, go back and forth, etc. You get to go buy a car like you would buy a loaf of bread. You look at it, the price is clear, and you either buy it or not. Plus, as Tom… Read more
They initially had relatively low prices, when they first announced bankruptcy. Right now, the market is hot. I just sold a car, because our commutes have disappeared, and even after this they won’t be coming back. So, if we need to commute 1-2 days a week to work at the same time, we will be taking one of the fun… Read more
I like keeping it digitally. I use Google sheets. That book will run out, and it's hard to keep notes. If you like to include photos of your receipts and stuff, then a diary kept in OneNote is much better, it's such a useful program that most people overlook.
They sold over 40,000 Blazers in 2020. That’s only 6 months in, and that’s during the middle of a pandemic, and that’s built on the existing Acadia/XT5 platform. They’re making MORE than enough money from the Blazer.
$300 per month buys you an $12,000 car with nothing down over 48 months, if you factor about $1,500 of taxes and registration. Why would you “not get paid” while your car is at the shop? Either work it out with a friend, schedule your service around your free time, or rent a car. Same thing with the brake job. Read more
You’re putting 25% income into retirement. You are not the target audience for the advice, and I’d venture that you are living well within your means even if you are splurging on cars, unless you are using credit to make up a shortfall at the end of the month and slowly going deeper and deeper into debt, paying 25%… Read more
No, it’s not that hard. Either pay off your current car, live within your means and buy a cheaper car, or if it’s that important to you, then use your discretionary income towards it. Having a paid off vehicle should not be this lofty unattainable goal.
Why do you equate used cars with beaters? Those 2 aren’t the same thing. I’m not going to go full “Why buy a fully loaded Civic for $28,000 when you can buy an M6 for $16,000?” like the old clickbait articles here, but you can take any car, and get a great deal on a used one. There are mid-2010's Mazda3 with the 2.5… Read more
It’s not about giving information that is blatantly false. It is talking in black and white, so that people that are financially irresponsible don’t take the whole hand when you give them a finger. It’s the same thing that you do in basic training for the military.
Telling people to put money into retirement instead of letting it sit in a bank and lose out to inflation is not “consumer economy” advice. Your 2nd paragraph’s behavior doesn’t invalidate the first, instead they go hand in hand. Investing in mutual funds is not at all “a scheme that has maintenance fees.”
If “spend less than you make” was basic advice, we wouldn’t have a majority of Americans that can’t come up with $1,000 in an emergency, or over 1/3 of trade-ins that are underwater. Or have half of doctors(!) with an average income of $300,000 per year that live at their means, which means that most doctors are not… Read more
The Mazda3 isn’t geared to be sporty. It’s more like a Jetta TFSI.