Car Market going forward (2 Viewers)

[matttyl]

the newsletter noted that monthly new car payments now average $915 - in part due to consumers rolling the debt over into the new purchase

Good god people are dumb.

I’d read that the average car payment t is now $750 or so, but that may include all car purchases (both new and used). $915 for new sounds right, but also crazy!

 

[DA RAIDERS]

I chose a 36 month loan @.99% my payments are over a G. But I’m only paying $562 in interest. I did not roll any existing debt into my loan.

 

[fatness]

If I recall the last car I bought for my daughter was listed at 38,000. I told the dealer that the most I would pay was 31,000. They countered with 33,000.

It stayed like that for a week and only because I was going out of town for a trip I the manager to explain to him that we were $1000 apart.

“Let’s just meet in the middle and I’ll pay the 500 and you pay 500 and get the deal done.”

This math makes my head hurt.

 

[STEADYMOBBIN 22]

If I recall the last car I bought for my daughter was listed at 38,000. I told the dealer that the most I would pay was 31,000. They countered with 33,000.

It stayed like that for a week and only because I was going out of town for a trip I the manager to explain to him that we were $1000 apart.

“Let’s just meet in the middle and I’ll pay the 500 and you pay 500 and get the deal done.”

This math makes my head hurt.

ETA - I think it’s time for me to officially start wearing cheaters. I just can’t see.


lol. Sorry. I’ll fix it. Point was sticker price is. Negotiable and we were a grand apart. I was going out of town and this was the last 2024 in white and was a sport touring.

Had I not cared about white and it wasn’t for my daughter I would have just sat on it and likely gotten my price

 

[Cowboysfan8]

ETA - I think it’s time for me to officially start wearing cheaters. I just can’t see.

Welcome to being old gb. I started a year or so ago. Cannot see my phone without them

 

[fatness]

ETA - I think it’s time for me to officially start wearing cheaters. I just can’t see.

I liked your negotiating method, just couldn't resist the joke.

 

[culdeus]

Is this the point where I mention my first house payment was less than $1000?

 

[DA RAIDERS]

Is this the point where I mention my first house payment was less than $1000?

My mortgage payment now is only a few hundred dollars more than my car current car payment.

 

[FarFromHome]

If I recall the last car I bought for my daughter was listed at 38,000. I told the dealer that the most I would pay was 31,000. They countered with 33,000.

It stayed like that for a week and only because I was going out of town for a trip I the manager to explain to him that we were $1000 apart.

“Let’s just meet in the middle and I’ll pay the 500 and you pay 500 and get the deal done.”

This math makes my head hurt.

ETA - I think it’s time for me to officially start wearing cheaters. I just can’t see.


lol. Sorry. I’ll fix it. Point was sticker price is. Negotiable and we were a grand apart. I was going out of town and this was the last 2024 in white and was a sport touring.

Had I not cared about white and it wasn’t for my daughter I would have just sat on it and likely gotten my price

Not even close to my experience. Been 3 or 4 months since we bought our brand new 2025 Rav4 fully loaded. I took my time. I knew what I wanted. We went to 6 different dealships. Walked out of 3 leaving a lower then sticker price offer. Not even a call back on any. All 6 dealerships were within 100 bucks of each other on price. Zero wiggle. Before I walked away from one dealership , I was informed, not in a sleeezy way, but in a matter of fact way, that this car will be sold by sundown either way. Multiple dealerships and none of them were to concerned about selling them. They knew they would sell. Was your daughters car brand new?

 

[STEADYMOBBIN 22]

If I recall the last car I bought for my daughter was listed at 38,000. I told the dealer that the most I would pay was 31,000. They countered with 33,000.

It stayed like that for a week and only because I was going out of town for a trip I the manager to explain to him that we were $1000 apart.

“Let’s just meet in the middle and I’ll pay the 500 and you pay 500 and get the deal done.”

This math makes my head hurt.

ETA - I think it’s time for me to officially start wearing cheaters. I just can’t see.


lol. Sorry. I’ll fix it. Point was sticker price is. Negotiable and we were a grand apart. I was going out of town and this was the last 2024 in white and was a sport touring.

Had I not cared about white and it wasn’t for my daughter I would have just sat on it and likely gotten my price

Not even close to my experience. Been 3 or 4 months since we bought our brand new 2025 Rav4 fully loaded. I took my time. I knew what I wanted. We went to 6 different dealships. Walked out of 3 leaving a lower then sticker price offer. Not even a call back on any. All 6 dealerships were within 100 bucks of each other on price. Zero wiggle. Before I walked away from one dealership , I was informed, not in a sleeezy way, but in a matter of fact way, that this car will be sold by sundown either way. Multiple dealerships and none of them were to concerned about selling them. They knew they would sell. Was your daughters car brand new?

I tend to chase the year prior models that are still sitting on lots so yes/no. 2025s were out but hers was a 2024.

Could be regional too. I’m in the Washington DC area.

I also imagine this doesn’t work on cars that are in super high demand.

I find that Toyota doesn’t play ball. About 10 years ago I told them what I wanted and they came back with a bunch of used trucks and never called me back..

On the flipside, I’m still getting texts from Honda dealers almost a year later.

 

[Terminalxylem]

If I recall the last car I bought for my daughter was listed at 38,000. I told the dealer that the most I would pay was 31,000. They countered with 33,000.

It stayed like that for a week and only because I was going out of town for a trip I the manager to explain to him that we were $1000 apart.

“Let’s just meet in the middle and I’ll pay the 500 and you pay 500 and get the deal done.”

This math makes my head hurt.

ETA - I think it’s time for me to officially start wearing cheaters. I just can’t see.


lol. Sorry. I’ll fix it. Point was sticker price is. Negotiable and we were a grand apart. I was going out of town and this was the last 2024 in white and was a sport touring.

Had I not cared about white and it wasn’t for my daughter I would have just sat on it and likely gotten my price

Not even close to my experience. Been 3 or 4 months since we bought our brand new 2025 Rav4 fully loaded. I took my time. I knew what I wanted. We went to 6 different dealships. Walked out of 3 leaving a lower then sticker price offer. Not even a call back on any. All 6 dealerships were within 100 bucks of each other on price. Zero wiggle. Before I walked away from one dealership , I was informed, not in a sleeezy way, but in a matter of fact way, that this car will be sold by sundown either way. Multiple dealerships and none of them were to concerned about selling them. They knew they would sell. Was your daughters car brand new?

I tend to chase the year prior models that are still sitting on lots so yes/no. 2025s were out but hers was a 2024.

Could be regional too. I’m in the Washington DC area.

I also imagine this doesn’t work on cars that are in super high demand.

I find that Toyota doesn’t play ball. About 10 years ago I told them what I wanted and they came back with a bunch of used trucks and never called me back..

On the flipside, I’m still getting texts from Honda dealers almost a year later.

Also doesn’t work in geographically isolated places, particularly those in the middle of the Pacific. Less competition, and inventory put the buyer at a disadvantage.

On top of that, multi thousand dollar “market adjustment” fees are tacked on arbitrarily, such that negotiations start high. Good luck getting back to, let alone below MSRP.

Oh well, add it to the “price of paradise” tab.

 

[STEADYMOBBIN 22]

If I recall the last car I bought for my daughter was listed at 38,000. I told the dealer that the most I would pay was 31,000. They countered with 33,000.

It stayed like that for a week and only because I was going out of town for a trip I the manager to explain to him that we were $1000 apart.

“Let’s just meet in the middle and I’ll pay the 500 and you pay 500 and get the deal done.”

This math makes my head hurt.

ETA - I think it’s time for me to officially start wearing cheaters. I just can’t see.


lol. Sorry. I’ll fix it. Point was sticker price is. Negotiable and we were a grand apart. I was going out of town and this was the last 2024 in white and was a sport touring.

Had I not cared about white and it wasn’t for my daughter I would have just sat on it and likely gotten my price

Not even close to my experience. Been 3 or 4 months since we bought our brand new 2025 Rav4 fully loaded. I took my time. I knew what I wanted. We went to 6 different dealships. Walked out of 3 leaving a lower then sticker price offer. Not even a call back on any. All 6 dealerships were within 100 bucks of each other on price. Zero wiggle. Before I walked away from one dealership , I was informed, not in a sleeezy way, but in a matter of fact way, that this car will be sold by sundown either way. Multiple dealerships and none of them were to concerned about selling them. They knew they would sell. Was your daughters car brand new?

I tend to chase the year prior models that are still sitting on lots so yes/no. 2025s were out but hers was a 2024.

Could be regional too. I’m in the Washington DC area.

I also imagine this doesn’t work on cars that are in super high demand.

I find that Toyota doesn’t play ball. About 10 years ago I told them what I wanted and they came back with a bunch of used trucks and never called me back..

On the flipside, I’m still getting texts from Honda dealers almost a year later.

Also doesn’t work in geographically isolated places, particularly those in the middle of the Pacific. Less competition, and inventory put the buyer at a disadvantage.

On top of that, multi thousand dollar “market adjustment” fees are tacked on arbitrarily, such that negotiations start high. Good luck getting back to, let alone below MSRP.

Oh well, add it to the “price of paradise” tab.

I imagine buying on the mainland and having it sent over on a boat is cost prohibitive?

 

[Terminalxylem]

If I recall the last car I bought for my daughter was listed at 38,000. I told the dealer that the most I would pay was 31,000. They countered with 33,000.

It stayed like that for a week and only because I was going out of town for a trip I the manager to explain to him that we were $1000 apart.

“Let’s just meet in the middle and I’ll pay the 500 and you pay 500 and get the deal done.”

This math makes my head hurt.

ETA - I think it’s time for me to officially start wearing cheaters. I just can’t see.


lol. Sorry. I’ll fix it. Point was sticker price is. Negotiable and we were a grand apart. I was going out of town and this was the last 2024 in white and was a sport touring.

Had I not cared about white and it wasn’t for my daughter I would have just sat on it and likely gotten my price

Not even close to my experience. Been 3 or 4 months since we bought our brand new 2025 Rav4 fully loaded. I took my time. I knew what I wanted. We went to 6 different dealships. Walked out of 3 leaving a lower then sticker price offer. Not even a call back on any. All 6 dealerships were within 100 bucks of each other on price. Zero wiggle. Before I walked away from one dealership , I was informed, not in a sleeezy way, but in a matter of fact way, that this car will be sold by sundown either way. Multiple dealerships and none of them were to concerned about selling them. They knew they would sell. Was your daughters car brand new?

I tend to chase the year prior models that are still sitting on lots so yes/no. 2025s were out but hers was a 2024.

Could be regional too. I’m in the Washington DC area.

I also imagine this doesn’t work on cars that are in super high demand.

I find that Toyota doesn’t play ball. About 10 years ago I told them what I wanted and they came back with a bunch of used trucks and never called me back..

On the flipside, I’m still getting texts from Honda dealers almost a year later.

Also doesn’t work in geographically isolated places, particularly those in the middle of the Pacific. Less competition, and inventory put the buyer at a disadvantage.

On top of that, multi thousand dollar “market adjustment” fees are tacked on arbitrarily, such that negotiations start high. Good luck getting back to, let alone below MSRP.

Oh well, add it to the “price of paradise” tab.

I imagine buying on the mainland and having it sent over on a boat is cost prohibitive?

I haven’t checked prices in years, but it was a couple grand to ship a car in the early 2000s, IIRC. AI says $1500-3500 now, but there may be other “fees”.

Compounding the problem, Matson, the island’s main shipping company, just announced a moratorium on transporting EVs, due to fire risk.

Assuming someone will ship it, I’ll definitely consider that route with our next vehicle - I’m hoping is the last car I ever purchase. Contemplating Rivian R3, though I’d like to see some better reliability reports before taking that plunge.

 

[MAC_32]

Is this the point where I mention my first house payment was less than $1000?

Ours still is

 

[dkp993]

Is this the point where I mention my first house payment was less than $1000?

Ours still is

JEALOUS. My second (HELOC) is over a 1000.

 

[Major]

You can get a 1967 Blazer for $300k. What a steal!!!

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Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

www.youtube.com

 

[MTskibum]

Is this the point where I mention my first house payment was less than $1000?

My current house payment is under 1000 dollars, lol.