New Car Prices Are Getting A Bit Ridiculous

[BillyDean7173]

For a while, I was thinking about getting a new Camaro or even a Challenger but I'm slowly realizing they are just too much money. Plus, I just can't buy a car for MSRP or more. Never have, never will. Hell, for $60K maybe I could finally buy a nice 1967 Goat. Might as well. I'd have to finance it just like a new car. Maybe even build a detached garage or buy a cheaper classic or two and a good used truck. Insurance would probably be a whole lot lower, gas prices wouldn't kill me and just too many distracted drivers out there. Traffic is getting really congested around the Austin area and just way too risky for a nice ride (I drive the 73Z in the country mostly). If my DDD (disposable daily driver) gets wrecked, no big deal. It's just transportation. But having your new Camaro wrecked would just suck.

 

[carhead22000]

I never buy new but used prices are a bit insane as well. Was looking at used trucks about a month ago and decided to just keep mine. Wasn't worth it to me.

used vehicles are way over priced ,and unless your paying cash your getting raped at the bank.

 

[Smokin'Joe]

for $60K maybe I could finally buy a nice 1967 Goat

And hopefully each year the GTO would be increasing in value, while the new car would certainly be decreasing.

 

[xten]

With me it's more value and justification than affordability. Pay more for an A to B vehicle than I paid for my home in 1992? Doubtful. Collectable? Maybe different story. If I don't run across a deal that's too good to pass up, I won't buy.

 

[tom3]

Some places in California selling new Teslas for under $25k with all incentives. Just sayin'. If those cars were just not so darn ugly.....

 

[1980RS]

New cars and trucks expensive? Hell I'd need to take out a 30 year mortgage on one these days.

 

[gramps]

New cars and trucks expensive? Hell I'd need to take out a 30 year mortgage on one these days.

You and me both! Doesn’t look like a 10 year old truck is getting close to affordable either!

 

['70 Z/28 RS]

And hopefully each year the GTO would be increasing in value, while the new car would certainly be decreasing.

That was exactly the reason I 'invested' in my recent Camaro purchase 2 years ago. If I'm spending $60k, I want some appreciation, not depreciation.

 

[Javelin3o4]

I ordered a Maverick Hybrid last year just so I could try and get something to save me in gas $$ for commuting, as well as my kids need a car now so going to give them my Dart. I ordered it Oct last year at MSRP so like $24K. Its supposed to be built next month. My Co-Worker has had one since Nov. I think of last year and has kept track of how much he has spent in gas since then. $258 bucks so far thats like almost of month of driving in my '22 Charger.

 

[danbrennan]

And no waiting an hour for charging. Hybrids seem to me to be a good way to significantly reduce gas consumption; I'm still a bit puzzled by the mad rush to go all electric, especially given the supply chain constraints.