Ford should be glad the Mach E is saving their asses right now. Not being able to actually move Broncos is gonna suck for their quarter.

You can tell your wife that she’s categorically wrong on the purse thing. Beyond having a few friends that worked in that side of the fashion industry - I think her statement would be true, but only of the hiiiiighest end of the purse spectrum. Meaning the most expensive purses in the most expensive brands.

Where does the value come from for gold?

I bought my 99 4Runner for 5k with 140k miles, and sold it three years later with 190k miles for 8500 - I probably invested around 2k in maintenance and upgrades.

Fair. I think though that people buy the Miata for an entirely different reason. It’s a FUN car, not a sports car. But the chassis is really well balanced and cheap. Shove a bigger engine in it and better suspension and it’s fast as hell. BRZ though is much closer to 30, and at that price point there are other…

I’m not saying that the BRZ isn’t a good car. What I’m saying is that any time anyone says the car needs more horsepower to really stand out there’s a chorus of voices listing the reasons why not and why it’s totally OK. But I think the reality is that chassis could easily handle 50-100 more horses and matching…

Beg to differ. Lol. No. You can get an SE trim for the same price as the Toyota. Mainly because VW will come down in price and Toyota won’t.

“I know you wanted that hamburger with beef in it but this is a vegan mushroom patty. Not many people get to go out to eat you should just be grateful for what you got”

1. Average transaction prices going up means nothing - all it means is that the people buying cars are are buying more expensive cars. Unit sales have been reasonably flat in the US. As a matter of fact, it may be more indicative that only wealthier people are buying cars, hence higher transaction prices. This may be…

I don’t know about you guys, but I heard endlessly increasing car complexity is good for keeping costs down, and it always goes well. I haven’t been less excited about new car news for years. Aside from the EV companies, no one seems to realize that what buyers really want is to keep horsepower where it is, while…

And?

You don’t really need a feeling. There’s decades of quantitative easing into the stock market to back that feeling up. It’s all vapor money. The moment any of it hits the street we are all fucked. 

What would you call paying for and passing off letters of intent from at best, barely legitimate businesses as sales?

Letters of intent are standard business. Paying for letters of intent and receive them from businesses that seem at best, barely legitimate and then passing them off as demand is... not standard business or ethical. Not sure what you’re trying to excuse here. 

Lemme get this straight. This research company shows that a whackjob CEO is essentially pumping up the stock price by running a PR campaign full of lies - and your takeaway is to be indignant at the research company for running a PR campaign that looks to be backed by some pretty standard due diligence that exposes…

The problems barring people from participating is wealth inequality. If you’re living paycheck to paycheck you don’t have money for a 401k. So yeah. Eliminate that barrier and I’m with you. The bottom line is there are three economies. One is for the people with most of the money and they are making money hand over…

The best and most safe update you can give a modern car is a reverse camera. As a dyed in the wool oldcarophile it’s the one modern update that my 20+ year old cars MUST have. 

The best and most safe update you can give a modern car is a reverse camera. As a dyed in the wool oldcarophile it’s…

I think I used median because that’s what I wanted to use. I didn’t want to size the market. I wanted to show that the majority of Americans are small players. But uhh, thanks for writing a book.

I’m not sure of your point. Median is a better indicator than average here.

Pretty dumb take. A ton of people don’t have the additional income to participate meaningfully.