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I think you're being sarcastic with this line of questioning, but at some price the answer is most certainly "yes." Also, the car market is insane. $40k for a
by invisible 5y ago
I think you're being sarcastic with this line of questioning, but at some price the answer is most certainly "yes."
Also, the car market is insane. $40k for a new vehicle isn't really that crazy _right now_ (especially for SUVs and trucks) and some folks are paying more for a used car than a new just to be able to get a vehicle immediately.
- asdff 5y agoThere is still a huge sector of car buyers who are buying these base model economy cars for $16000, or these rust bucket used cars for $4000. Those are the people most affected by their monthly gas bill going from $100 to $200. Not the people who can afford to buy or finance a 40k asset.
- invisible 5y agoFor sure, but I see a ton of SUVs and trucks on the road that cost a lot too. > The average new-vehicle retail transaction price in December was a record $38,077, according to J.D. Power. > That’s the price customers actually pay, after taking incentives into account. The average for trucks is above $40,000, analysts said. > Light trucks accounted for a record 75.9% share of U.S. auto sales in 2020, up from 71.7% in 2019. In 2012, just eight years ago, trucks were 53% of the total. https://www.forbes.com/wheels/news/2020-truck-suv-car-sales-winners-and-losers/ https://www.forbes.com/wheels/news/2020-truck-suv-car-sales-...