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I feel like consumers writ large are forgetting they can protest. If everyone collectively rejects higher prices, the price will come down. Everyone is manipul
by fny 4y ago
I feel like consumers writ large are forgetting they can protest. If everyone collectively rejects higher prices, the price will come down.
Everyone is manipulating this inflation sentiment to wring consumers out of every penny until they're broke.
Stop paying for things where the price has exploded higher and force businesses to deal with tighter margins. Prices will normalize.
- massysett 4y agoThis doesn’t work when your car is totaled, body shops are backed up for weeks, and you need a car to get to work.
- atestu 4y agoJust buy a used car?
- dagw 4y agoThe used car market is experiencing exactly same markups and 'price gouging' as the new car market.
- atestu 4y agoI recently bought a used car, and while the prices are up, I didn't see any 10K markups or price gouging. It's still a much more sensible choice to buy a used car.
- thowren87 4y agoYeah, sadly the used car market is suffering as well! Read more: https://www.autoweek.com/news/industry-news/a40690607/average-used-car-price-is-now-33000-dollars/ https://www.autoweek.com/news/industry-news/a40690607/averag...
- SamuelAdams 4y agoUnfortunately many people do not care about the total cost of the vehicle. They care about the monthly payment. As long as they pay less than 700 USD a month it’s affordable. Even if it’s stretched over a 7-8 year loan at 5% interest. So if you want people to stop paying high prices, you need to get them to look at the total cost of the vehicle. And you need to get lenders to stop handing out loans longer than 4 years. Unfortunately they don’t have an incentive to do this because long, high interest loans are profitable.