The Retail Automotive MELTDOWN has begun...Updated with links

Some slightly used ones can be had for free in Gaza.

They ran out of idiots. That is encouraging in this idiotic world.

I want some battery pants.

shhhhhsssh. you'll give away the ending where
people won't get free cars.

.

Any Canadians crossing the border to buys cars?

That could be why sales haven't dropped there.

As if Moshe is not going to steal them and put them on a lot in Haifa with insane sticker prices... c'mon...

Book values and auction prices have dropped a lot (I attend the auto auction’s)

There is normally a drop in November, and December, but this year’s drop off is more significant. Come January, and tax time, there will be a slight increase in prices. the real gauge to me, will be how long tax season prices are sustained, should prices start dropping again before March 15, that would be an indicator to me of a very weak market

Overall agree though, market is down

Not necessarily, I've lost 2K on selling my SUV to Carmax around Chicago, by waiting a month.
According to the rep, the new car inventory is improving, so less need for the used vehicles.

Used car prices need to go down.

It's greed pure and simple why all those new cars are just sitting in the reposition yards.

Like Jeep Grand Wagoneer...what fool would pay $100k for that pile of junk?

The manufacturers and dealers have it coming, can't wait.

The exceptions will be Toyota and Honda.

But a 100k Jeep makes your friends and neighbors jealous, and that proves you are better than them.

You can't put a price on self-imporant superiority.

People are learning that modern cars, with all their bells and whistles, complex electronics, safety systems, engine control, sensors, on and on are a terrible liability, even when under manufacturers warranty. After 7 years the car has little value.

The features (often mandated) on the very latest cars are going to make them impossible to repair outside the dealer network. Manufacturers have screwed themselves by going down the road of leasing car almost like a rental.

[link to aviationweek.com (secure)]

Zoxcell.com
Greenteche.com

The used vehicle market will continue to explode

No one who is awake would ever buy a car with a kill switch

I’ll drive antiques forever before I bow to the evil satanic globalist peodphiles

@GuyDealership on Twitter has a lot of dealers that report in on what is happening. A lot of the same of what you're stating.

Well, when people are asking $26,000 for 1996 F250s with 220,000 miles on them, and $16,500 for 1998 Tacomas with 300,000 miles, there's a problem.

And in general, everyone will to bend over, get reamed in the ass, and get ripped off, has already done it.

The rest of us said fuck this shit, I guess I won't be buying a car or truck

The taxes are nuts in La Frontera (away from the border). Close to the border other rules apply.

They have a bunch of different models down there and Toyota does have a no frills, kinda like a military truck, seat, steering wheel, heater and turn signals, thats about it for 10k ish.

YOU CANNOT REGISTER THEM IN THE UNITED STATES. Only good for after the SHTF

Well, when people are asking $26,000 for 1996 F250s with 220,000 miles on them, and $16,500 for 1998 Tacomas with 300,000 miles, there's a problem.

And in general, everyone willing to bend over, get reamed in the ass, and get massively ripped off, has already done it.

The rest of us said fuck this shit, I guess I won't be buying a car or truck.

We're in a perfect storm right now far bigger than 2008. I've watched numbers and trends closely now for 30 years+ and this one is extremely troublesome.

When the majority of people can't afford to eat or have a place to live anymore, they stop buying cars.

By 2035 entire North America and EU will ban fossil fuel vehicle from roads, this in 11 years ahead, maybe by 2030 will manufacture and sell EVs only and could be hard to find parts. I would not spend tens of thousands for a new traditional auto, by the time you finish paying it, will go to scrap metal.

I’d rather have a used than new vehicle. A much older one without all the bells and whistles. I’m keeping mine until it falls apart.

No idea. I think NY and Mich would see that effect. But it could be.

I wouldn't be surprised if Canadians winter down in Florida and pick up a car there.

believe I'll keep my 15k 01 7.3 that'll drag these new creampuff trucks around the parking lot...been paid for a long time now

Many are living in their cars.

Like your 91 Corisica?

Someone filled us in on your catfishing. It makes sense since no one has had those ridiculous glamor shots taken since the 80s. That was 40 years and a 100 lbs ago for you.

Except you can’t import it to the US until it’s 25 years old.

That's exactly what we said when we saw the data.

"Early Adopters" have run out.

If I lived somewhere that i needed an HOV lane tag, i might have one. Some are fun to drive, they haul ass.

As an expert in automotive, I have said for years, pre-hype, that EV's are not the answer.

There are many alternatives out there and combustion (localized power plants, i.e.; engines) cannot be replaced. A vehicle must GENERATE it's own power, NOT STORE IT!

Now, since nuclear fusion is a few years away, we must think of other stuff like:

Synthetic Gasoline
Natural Gas (methane)
and another shorter term solution:

HYDROGEN. Hydrogen will create other problems once it is widely used as a byproduct of it is water vapor. Once you put a bunch of water vapor in the atmosphere, I'm sure someone will find a way to bitch about they humidity being higher