Car prices are out of control!

[badboys11]

Who the fukk paying 1k for a car a month

My shyt brand new and I pay 400 with insurance. Get good credit and youll be fine

Quote from the article: Average monthly payment for a new car in 2020 was $576 a month.

Add full coverage insurance, which can be skyhigh depending on the city, marital status, and crime in your neighborhood. Back in 2000 at 18 yrs old full coverage for me was 500 a month. Some of us don't have good credit or parents who will let us use their insurance.

I'm working in finance at the moment, I've seen people paying close to 1500 for payments/insurance, its way more common than what u think. Most people u see driving new cars are either on the verge of being repoed, or they will be if they have to miss a month at work.

If u have a comfortable situation good for you, but don't think for a moment everyone is as financially smart as yourself. A lot of people would see a huge increase in their peace of mind and how they live if they stop tying all their money into bills.

 

[West Coast Avenger]

3rd time posting the pics....bought a new a car for the wife this past Sunday....payments arent no $500....$330 a month....and her insurance is cheap....this is where having excellent credit pays off.....

....

 

[Armchair Militant]

Sucks to be a buyer in the used car market now.

 

[NkrumahWasRight Is Wrong]

Of course that's an exaggeration but

"If you take good care of your ride, you just might be able to keep driving your Civic for 20 years to reach 300,000 miles. All these then make the estimated average lifespan of a Honda Civic between 15 and 20 years. Most Civic owners, however, tend to keep their ride for at least 10 years"


300k miles ain't no slouch.. Having a car 20 years ain't no joke. And then you can just drop a new engine in it. It's not like an 95 that might have lasted you to 2002

My 97 lasted to 2015 and I gave it to charity. It was still running

My 07 still going strong

 

[DLo]

My car and my wife's car are paid off. Gonna drive these bytches to the wheels fall off

 

[904]

Sold my truck for 4 grand over NADA retail

 

[Red11]

3rd time posting the pics....bought a new a car for the wife this past Sunday....payments arent no $500....$330 a month....and her insurance is cheap....this is where having excellent credit pays off.....

....

Why do people talk about payments... 330*72 months =~ 24k. Maybe people don't talk about downpayments/trade-in value idk.

 

[dtownreppin214]

There's a chip shortage right now as well as a foam(for seats) shortage.

SAAR (industry metric that measures sales) will be off about 1.5MM units this year. Low inventory, means less deals, which means used car values also go up.

 

[NoMorePie]

3rd time posting the pics....bought a new a car for the wife this past Sunday....payments arent no $500....$330 a month....and her insurance is cheap....this is where having excellent credit pays off.....

....

Polymetal Grey with the black rims


Yep

 

[PortCityProphet]

Well the car companies took things that used to be high luxury and are putting them in basic packages. All that technology, touch screen, etc cost. Then engines gotta meet stricter guidelines due to epa and stuff.
shyt adds up.

 

[JT-Money]

 

[maxamusa]

the biggest problem is the ticket is so high and none of these new cars are cool



breh I don't need my whip to give me a deep tissue massage and make me a cappachino and post on the coli; Im trying 2 Ryde

 

[KnickstapeCity]

the biggest problem is the ticket is so high and none of these new cars are cool



breh I don't need my whip to give me a deep tissue massage and make me a cappachino and post on the coli; Im trying 2 Ryde

Most people use their cars to commute to and from work, you want those bells and whistles. I do at least.

 

[maxamusa]

Most people use their cars to commute to and from work, you want those bells and whistles. I do at least.

they got corollas for that


I'm trying to turn heads and beep at fat asses on a budget smell me

 

[KnickstapeCity]

they got corollas for that


I'm trying to turn heads and beep at fat asses on a budget smell me

This breh got a huge dikk