Car prices going back down

[TallMan_J]

I'm gonna wait about another year. I'm about to sell my G8 GT for a Kia Stinger Gt2. I wanted the CTS V but they are still commanding top dollar. Low mileage 2018 still going for 80k.

I love G8’s. I’m a huge Pontiac fan. I still have a 2004 Impulse Blue GTO. Only 45k miles. I barely drive it, but I’ll never sell it. It’s a “Weekend Car”. Will be getting some long tubes soon.

What I like about G8’s and GTO’s is that you rarely see them. I don’t want a common vehicle that you see on the road all of the time. I see Camaros, Charger, Mustangs, Challengers, and even Vettes on the road all day everyday.

I might cop a Buick Grand National that my Father-In-Law has. He owns a shop and restores vehicles, and he’s thinking about giving that Buick up.

Anyway, those Kia Stingers are dope as fukk. Sleek and royal looking. I don’t know much about the specs. Saw a nice Black one on I-8 this past Sunday, but you don’t see them often. I could definitely imagine myself driving one though.

Pontiac is done. With that G8, you’ve got a piece of history. They’re technically Holdens too though.

 

[powmia]

I love G8’s. I’m a huge Pontiac fan. I still have a 2004 Impulse Blue GTO. Only 45k miles. I barely drive it, but I’ll never sell it. It’s a “Weekend Car”. Will be getting some long tubes soon.

What I like about G8’s and GTO’s is that you rarely see them. I don’t want a common vehicle that you see on the road all of the time. I see Camaros, Charger, Mustangs, Challengers, and even Vettes on the road all day everyday.

I might cop a Buick Grand National that my Father-In-Law has. He owns a shop and restores vehicles, and he’s thinking about giving that Buick up.

Anyway, those Kia Stingers are dope as fukk. Sleek and royal looking. I don’t know much about the specs. Saw a nice Black one on I-8 this past Sunday, but you don’t see them often. I could definitely imagine myself driving one though.

Pontiac is done. With that G8, you’ve got a piece of history. They’re technically Holdens too though.

The rarity of it is the only thing keeping me in the G8. Those GTOs are rare and nice too. I still want one of those 04 purple goats.

 

[Big Mountain Hélà]

@OfTheCross posted this in another thread

Those Hellcats ain't gonna pay for themselves


The map below depicts the current share of auto loan balances 30+ days past due, by state. There is considerable variation in the delinquency rates by state, mostly reflecting differences in borrower composition and in local economic conditions. Notably, a map of the delinquency transition rates from the fourth quarter of 2019 would yield a nearly identical picture: the rankings of the states in this map are hardly changed from their ranks before the pandemic.


Auto Loan Delinquency Concentrated in the South

Historically Low Delinquency Rates Coming to an End - Liberty Street Economics

Total household debt increased by $312 billion during the second quarter of 2022, and balances are now more than $2 trillion higher than they were in the fourth quarter of 2019, just before the COVID-19 pandemic recession, according to the Quarterly Report on Household Debt and Credit from the...

libertystreeteconomics.newyorkfed.org

An overall wonderful article, though. Poor people are going delinquent a bit, but not any more than usual.

The rise in mortgages and car prices really drove up household debt, though.

 

[desjardins]

I looked up M440 AWD convertible prices yesterday and they still $60k+

 

[RaspberryFitted]

All I simply want is a Camry, Civic, or Accord

preferably 2013 - 2019 models.. y’all can keep those fancy spaceships with wheels

 

[KnickstapeCity]

Thinking about getting that new Kia Sportage, brehs

 

[⠀X ⠀]

All I simply want is a Camry, Civic, or Accord

preferably 2013 - 2019 models.. y’all can keep those fancy spaceships with wheels

The latest accords are really nice. If I get a Honda tho, I’m getting another Civic Si. I regret selling mine

 

[904]

I really like my truck and don't want to sell this one but it may be time

 

[Unfiltered]

Hoping to get a car soon maybe a tlx type s

 

[PewPew]

Trying to pick up a 2018-2020 M550i or M5 Comp and they still higher than Snoop Dog in Colorado

 

[KingBeez]

All I simply want is a Camry, Civic, or Accord

preferably 2013 - 2019 models.. y’all can keep those fancy spaceships with wheels

This, but everything is so damn expensive

 

[Street Messiah]

My Audi A5 sportback has been going down… been creeping

I could never buy an A knowing the S and RS exist

 

[Motife43]

Trying to pick up a 2018-2020 M550i or M5 Comp and they still higher than Snoop Dog in Colorado

It's someone at my gym with the M550i in the Wolf Grey. I lust over it everytime I see it

 

[Teal.]

I could never buy an A knowing the S and RS exist

Only here for comfortably and the A series provides that.

 

[AlwaysLurkin]

2015 hellcat challenger 23k miles for $57k buy and just hold it ? What yall think ?