Used is really coming down now.
Base 2020 GT500s for 65k by this time next year.
13/14s sub 40k norm.
You’re higher than Hunter Biden if you think that’s happening.
Used is really coming down now.
Base 2020 GT500s for 65k by this time next year.
13/14s sub 40k norm.
You’re higher than Hunter Biden if you think that’s happening.
Where are all the guys who declared "New car prices will NEVER come down to what they were pre-COVID !!!"
Appears we are getting close to exactly that -- like some of us predicted.
You’re higher than Hunter Biden if you think that’s happening.
Yea page 3 of this thread didn't age well...Where are all the guys who declared "New car prices will NEVER come down to what they were pre-COVID !!!"
Appears we are getting close to exactly that -- like some of us predicted.
It depends on how bad the recession is.
I think with inflation going through the roof, we’re not gonna see prices fall too far if at all.
Damn that is kind of crazy.The soaring price of autos and specifically used autos have encouraged many consumers to extend the life of their autos. According to S&P Mobility, the average age of autos on the roads in the US has risen to 12.2 years as of 2022, a record. In 2002, the average age according to IHS Markit was 9.6 years.
Mine just hit 30 years old, hahaha. No more inspections for me!The soaring price of autos and specifically used autos have encouraged many consumers to extend the life of their autos. According to S&P Mobility, the average age of autos on the roads in the US has risen to 12.2 years as of 2022, a record. In 2002, the average age according to IHS Markit was 9.6 years.
The soaring price of autos and specifically used autos have encouraged many consumers to extend the life of their autos. According to S&P Mobility, the average age of autos on the roads in the US has risen to 12.2 years as of 2022, a record. In 2002, the average age according to IHS Markit was 9.6 years.
The soaring price of autos and specifically used autos have encouraged many consumers to extend the life of their autos. According to S&P Mobility, the average age of autos on the roads in the US has risen to 12.2 years as of 2022, a record. In 2002, the average age according to IHS Markit was 9.6 years.
Had no idea. Figured it was going down over time. Wonder when forced EV adoption may start affecting this trend.That's a garbage statement. LOL
1995: 8.4 years
1996: 8.5 years
1997: 8.7 years
1998: 8.9 years
1999: 9.1 years
2000: 9.1 years
2001: 9.3 years
2002: 9.8 years
2003: 9.9 years
2004: 10.0 years
2005: 10.1 years
2006: 10.2 years
2007: 10.3 years
2008: 10.4 years
2009: 10.5 years
2010: 10.8 years
2011: 11.1 years
2012: 11.3 years
2013: 11.4 years
2014: 11.4 years
2015: 11.5 years
2016: 11.6 years
2017: 11.7 years
2018: 11.7 years
2019: 11.8 years
2020: 11.9 years
2021: 12.1 years
2022: 12.2 years
I'll go ahead and throw it out that in 2023 it'll be 12.3 years, 2024 will be 12.4 years.
Analysis of Average Age of Cars and Trucks on the Road [2024]
Average age of all vehicles: 12.7 years (2024), light trucks 12.4 (2024) and passsenger cars 13.7 (2024). How many classic cars are left:hedgescompany.com
I don't see many of those on the roads anymoreI do not agree at all with that statement.
Cars manufactured 20+ years ago never had the reliability a car manufactured today.
I have a 2012 Escape with 130k miles. It runs as good today as it did 10 years ago. There is no reason to get rid of it.
I do not agree at all with that statement.
Cars manufactured 20+ years ago never had the reliability a car manufactured today.
I have a 2012 Escape with 130k miles. It runs as good today as it did 10 years ago. There is no reason to get rid of it.
I was just telling my wife the other day and it pains me to say this... but Fords lack of a Focus sedan/hatch that gets 40 miles to the gallon is gonna force me to go get a VW Jetta when my 1L Ecoboost explodes...Those puppies are bullet proof.
Those puppies are bullet proof.
Fusion active or whatever it is calledI was just telling my wife the other day and it pains me to say this... but Fords lack of a Focus sedan/hatch that gets 40 miles to the gallon is gonna force me to go get a VW Jetta when my 1L Ecoboost explodes...
Maybe they'll introduce something by the time it hits 200k.
Fusion active or whatever it is called