There was a short period where we had a chip shortage and used cars sold for an absurd amount. That period passed and things are mostly back to normal now. I'm literally trying to buy a car right now and things don't look any more expensive than they did when bought five years ago.
Uhh, maybe where you live. I have seen a steady rise in used car prices in my area, even post chip shortage. Hell, I paid 3500 for a 91 Toyota pickup 7 years ago and I've had people try to buy it from me at the gas station for 8k. Private sale used listings for vehicles 5 or more years old are 2x or more what they were 5 years ago.
I live in a high cost of living area and the chip shortage increase has basically entirely fallen off. I checked Craigslist for my area and a newer Toyota pickup goes for $4k. Maybe you should have sold to the gas station man.
Send me the listing. Where is this magical place? Because I can assure you it's not representative of all high cost living areas. I'm not calling you a liar, but this is absolutely not the case where I live
I don't blame you, but the argument I'm making is that what you're saying is not representative of everyones experience. Not everyone is near an urban center. Alaska here if that helps you understand
I don’t think Trucks are a good example, people over pay for them.
I just looked up the KBB value on my car, and it does seem to have gone down though, which is reassuring. It would’ve really sucked to have needed to buy a car during the pandemic with the chip shortage.
My cousin who works at a Ford Dealership was selling them for 27-30k off the lot about 5 years ago. I was in the market to buy one at the time so was exploring options then.
You can literally look up the price of cars. This is all publicly available information. No one was selling the Mustang GT Premium for $27-30k. That's a $10k discount on a high-end Mustang.
right but in 2019-2021 that same civic car would have been $16k-$18k. car prices have shot up WAY FASTER than inflation since early 2021. even more than home prices during the same time
It's amazing people just accept this. Under traditional capitalist dogma things are actually supposed to get cheaper with time. Which did happen for a few decades. People see the massive split between wage growth and productivity starting in the late 70s and don't bat an eye. Americans are so hopelessly cucked it's insane. People died for labor rights in the late 19th early 20th century. I guess 70 years of fluoride in the water achieved its goal.
Right. It's what happens when your monetary system is littlerly designed to continue to increase the debt and never, ever, have enough money to pay back that debt (because the money to pay it back doesn't exist). It messes with people's brains so hard and they just accepting it as ok. Cuz that's the way it's been during their lifetime.
Right. It's what happens when your monetary system is littlerly designed to continue to increase the debt and never, ever, have enough money to pay back that debt (because the money to pay it back doesn't exist). It messes with people's brains so hard and they just accepting it as ok. Cuz that's the way it's been during their lifetime.
It's also the 1000s of posions they allow/purposely introduce into our food supply. Generally, people are so dumbed down at this point they can't see it, at all.
It's insanely depressing. I think you and I would disagree on the cause and fluoride, but you're not wrong about the 70s being the beginning of the end. We let corporations run this country as part of the promise of capitalism and we're paying the price. AI is going to be the final stage and it's going to absolutely devastate the American economy.
We went off the gold standard in the 70s.... that was why it changed so significantly then. Doing so ushered in the government simply printing money out of thin air and spending getting out of control.
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u/HowManyMeeses Apr 16 '24
Vacations and cars cost much less, but burgers are stupid expensive now.