You would think at some point the banks will stop extending the loans once they get burnt enough times which will limit how much people are able to pay which in turn would drive prices down. But apparently I don't know anything if people are driving off with payments that are more than a mortgage. Lol
I mean, I'd drive it.
I'd LS swap it..
Back to the topic at hand,
LMS series is going Hybrid as well next year as well. I think something like 7 manufacturers were on board, though I just saw today that Aston Martin bailed.
instead of hearing cars you'll hear thousands of drunk idiots yelling at each other if they make the car electric
Yeah Aston backing out kind of bums me out. I really wanted to see it race.Back to the topic at hand,
LMS series is going Hybrid as well next year as well. I think something like 7 manufacturers were on board, though I just saw today that Aston Martin bailed.
It's a mess. Instead of manufacturers trying to fix it by keeping costs lower, they're extending terms and giving more rebates.
I've argued that instead of rebates, they should just average the sale price and lower the MSRP to that. For instance, if Ford averaged $5,500 in rebates all year on sold trucks, then they should lower the MSRP by $5,500. The reason they WONT'T do that though, is they like to control sales. If the end of the year is coming up and Ford is trying to hit a certain quota, they will pump up the rebates to move the vehicles to hit the quota. If they already have a lower price, it'll actually 'cost' them money to lower the price, instead of just taking it out of their fake account (rebates).
Eh, 72 month loan at 4% is like $1,060 or something.
I sell a lot of Super Duties and the people leave with a $1,200-1,500 payment for 72 months.
I sell a lot of Super Duties and the people leave with a $1,200-1,500 payment for 72 months.
$900+ for a car note, I can't even begin to imagine paying that for a car or a loan for more than 60 months at anything other than 0%. Even a very manageable $500 a month is almost ridiculous to me. Guess I'm going to end up in the 3-5 year old used car purchase to be where I'm willing to spend on a vehicle. I'm just not on board with the sky rocketing prices and loan terms.
My real issue with these long term loans is aside from the koreans makes, at a 72+ month loan you're out of warranty in the first 3 years and still have 3+ on your own. OEMs should be offering minimum 5 year bumper to bumper 75k warranties these days.
RENT and drive it! LOL. This car is nowhere near what 99.9% of us could afford. Treynor is the only exception. LOL.I mean, I'd drive it.