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Old 11-13-2021, 12:11 PM   #1
ronn
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Default current phenomena ................

I bought a nice used 2013 f150 3 yrs ago. ran it 30k miles and am not using it much. so I put it up for sale and sold it yesterday for 2k more then I paid.




wondering when that happens in the model A world? seems the rarer cars are dropping in price and the As stay stable at best.


anyone else have this happen lately with any of the "newer" cars?


of course the brand new cars are out of sight................
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Old 11-13-2021, 12:40 PM   #2
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Default Re: current phenomena ................

We bought a Volvo XC60 two years ago for our daughter. It’s a 2017. The dealer we purchased it from is selling similar year and equipped cars for $4,000.00 more than we paid in 2019.

Drive by their car lots, empty.
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Old 11-13-2021, 12:44 PM   #3
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true dat............


cant replace it, but not using it either.


maybe one day things will go back to "normal"


of course, if gas hits 4.50 or better, all the large trucks and suvs might get traded in for pennies on the dollar. that happened around 10 yrs ago and nobody wtd gas guzzlers.
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Old 11-13-2021, 02:16 PM   #4
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In Ft. Lauderdale, Florida, the used-car lots are full. Now, I haven't priced one. The new cars aren't selling either, going by the stock parked.
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Old 11-13-2021, 02:46 PM   #5
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very interesting Fitz...........wonder whats up? everyone in the northeast says they cant get new or used cars in.
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Old 11-13-2021, 02:57 PM   #6
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Quote:
Originally Posted by ronn View Post
very interesting Fitz...........wonder whats up? everyone in the northeast says they cant get new or used cars in.
On December 31st, 2020 I bought a brand new '21 Camry. I've had it serviced by the dealer once. He's plenty cars. But I don't know what they're selling for.
I walked away three times, he followed me 4 times. That's the single most dreadful part I hate about car-shopping
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Old 11-13-2021, 03:07 PM   #7
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Hmmm, I just sold a Model A for more than I paid for it.
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Old 11-13-2021, 03:25 PM   #8
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I follow Model A ads on Craig's List nationwide every day and it seems that the asking prices are going up. I just stopped on my way back from Sparta, NC to talk to a gentleman who was selling a nice 1928 Model A Tudor for $15,000. He thinks he has it sold after a day on the side of the road with a for sale sign on it. The car has a Mitchell overdrive and a 12 volt alternator and turn signals, but otherwise stock. In 1969 I bought the same car except 1930, stock and completely original, for $150. It was also sitting on the side of the road with a for sale sign on it.

Houses and antique cars seem to be a good hedge against inflation. Has anyone noticed that the price of gasoline and food has been going up?
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Old 11-13-2021, 03:28 PM   #9
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I have a 2000 Jaguar that I can't give away, right at this moment everything is working. A guy told me the other day he would take it off my hands if I gave him $1000. Probably is a decent offer.

John
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Old 11-13-2021, 03:47 PM   #10
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There are very few new cars and very few used cars on the lots in North Dakota. I ordered a 2022 GMC 2500 Denali on May 25th and I was finally able to pick it up November 9th. The car salesmen here, have to be hurting for income.
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Old 11-13-2021, 03:53 PM   #11
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Hello, in northwestern Pennsylvania,car dealerships are running ads offering to buy cars.Not many on lots either.
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Old 11-13-2021, 04:24 PM   #12
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Default Re: current phenomena ................

The local Acura dealer called me and asked if I would sell them my 2017 RDX….. I said sure I have the sticker from when I bought it…
I’ll take sticker for it..the same deal they offered on a new MDX when I was thinking of trading this summer. Last time by, the dealer had about 5 new vehicles on the lot.
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Old 11-13-2021, 04:32 PM   #13
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Default Re: current phenomena ................

It's the same situation here. We hear and it seems believable that COVID related manufacturing and other supply chain delays mean that there is a long delay for new cars especially as we open up and people start moving about again. As a result, used cars are through the roof.
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Old 11-13-2021, 04:40 PM   #14
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Default Re: current phenomena ................

“Houses and antique cars seem to be a good hedge against inflation. Has anyone noticed that the price of gasoline and food has been going up?

Houses better than antique cars but a lot of folks will be greatly disappointed when real estate market turns to a buyers market and the market value is less than the mortgage!

I hadn’t noticed gas and food prices going up…I live under a rock here in Tennessee! Ha ha
Hate to fill up the shop propane heat anytime soon but inevitable.
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Old 11-13-2021, 04:53 PM   #15
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Houses better than antique cars but a lot of folks will be greatly disappointed when real estate market turns to a buyers market and the market value is less than the mortgage!




how many times have we seen that in the last 30 years!
on a side note, food prices havent gone up that much, just that they only now give you half as much as you used to get............lol


looking forward to 5.00 gallon gas, so I can buy a nice full size truck cheap.
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Old 11-13-2021, 05:31 PM   #16
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Default Re: current phenomena ................

Has anybody heard of the Weimar republic ? At a certain point in time a loaf of bread would cost 1 mln. Reichsmarks, really, the next day 2 mln. etc…..
There is too much money ! People spend it on things they know well, Porsche, Ferrari, Jaguar …
Only 4 years ago a decent E-type would do some 60.000, today it’s more likely to pass 100.000 ! There’s inflation for you !
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Old 11-13-2021, 05:51 PM   #17
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Default Re: current phenomena ................

Some old Jaguars are worth more than others. In 2000 they plated the aluminum block instead of putting sleeves in for the pistons to run in. The plating is used on race cars and is a hard silicone carbide. Problem is that race car engines only have to last a few races. The sulfur in the gasoline in the early part of this century was dissolving the plating and the engines in that vintage of Jaguar were scrap in a few years. The sulfur problem has been fixed but the market for 2000 and 2001 Jaguars is toast. They started putting sleeves in in about 2002. Mid 1970 Jaguars are also to be avoided. I bought one with a rebuilt engine that lasted $85,000 miles. I sold it for $75. Ford took over Jaguar in the early 1980's and by 1986 they were decent cars. I have no idea how the new ones will hold up but my brother-in-law says they are terrible to drive.
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A is for apple, green as the sky.
Step on the gas, for tomorrow I die.
Forget the brakes, they really don't work.
The clutch always sticks, and starts with a jerk.
My car grows red hair, and flies through the air.
Driving's a blast, a blast from the past.
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Old 11-13-2021, 07:30 PM   #18
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Default Re: current phenomena ................

There are also shortages of farm machinery. Dealers have a lot of back orders from manufacturers. Used iron is waay up in price. They won't dicker on price. Sellers market.
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Old 11-13-2021, 08:19 PM   #19
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You may need a subscription to read this: https://www.wsj.com/articles/manufac...6149507?page=1

Just-in-time manufacturing and globalization were fine until a monkey wrench gets thrown in the works.
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Old 11-14-2021, 07:25 AM   #20
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Used 4wds like Toyota's here have gone up about 50%. Due to the lock downs and no flights out of the country every man and his dog wants to see the outback. Normal cars have gone up about 35% as public transport is on the nose, the new car shortage, and the amount of cash the govt injected into the economy.
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