Anyone else agree, current Pcar prices
#31
04-08-2022, 09:19 PM
Year: 2024
Make: Porsche
Model: 911
Price: $100
Mileage: 12345
Color: blue
Private or Dealer Listing: Private Listing
Location (State): AL
#32
04-12-2022, 08:12 PM
We are def in a bubble. EVERYTHING is expensive now. No one can predict the future but I have to wonder about people who are gleefully rubbing their hands together waiting for the POP so they can get a deal on a car. Like they will be exempt from a major correction, recession or depression . Thinking saving $100,000 on a luxury car while losing $500,000 on the value of their house, $2,000,000 on their investments, loss of income from their job or business etc is a good thing.
We’ve been HERE before. For a different example when I graduated high school in 1982 real inflation was about 15%, unemployment was about 15%, home mortgages were 18-20%, car loans were 25% and we were just coming out of stagflation. That sucked all around. Sucked. But cars were super cheap….
We’ve been HERE before. For a different example when I graduated high school in 1982 real inflation was about 15%, unemployment was about 15%, home mortgages were 18-20%, car loans were 25% and we were just coming out of stagflation. That sucked all around. Sucked. But cars were super cheap….
I don't have any loans or mortgages, so I don't really care what happens to the value of my house (which I bought for a fair price).
Money printing and the government spending more than what they get from their citizens always leads to a recession.
Last edited by GT3 Chuck; 04-13-2022 at 12:59 PM.
#33
04-13-2022, 01:01 PM
Please refrain from making this political so the thread can continue…I know that any discussion about car prices or gas prices can tend to go that way but please resist so that the discussion can continue…thanks
#34
04-14-2022, 12:36 PM
I think prices are going to continue going up, at least until the end of the year.
#35
04-14-2022, 12:49 PM
Sure, We all know Politics has Nothing to do with This Current Recession.....
#36
04-14-2022, 10:39 PM
Thread
Thread Starter
Forum
Replies
Last Post