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2017 Ford Raptor Spotted @ Mint 400 Race

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j-ten-ner Senior Enthusiast

j-ten-ner

Posted
Posted

...And who wants to pay $50k for a vehicle for 8 years? It'll be shot by then, especially since they don't focus on making the exterior hold up to anything anymore...

 

IMO it's a clever game of the car makers.

1. long terms of financing make a car "affordable" for almost everyone. No one has to save up money to buy a car. That makes it harder to...

2. ...sell your car private for cash to someone, because the remaining amount of the loan is higher than what one would get. So you'd have to...

3. ...go to the dealer again to have the convenience to get a new car and get rid of the old one while the remaining loan owed will be cleared with the new loan.

 

Win win for the car maker. He'll make money on the new car AND on the old one.

 

so long

j-ten-ner

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Shawn5800 Enthusiast

Shawn5800

Posted
Posted

I'm not saying the luxury features are not nice. I drove older midsize GMs most my life up until my 07 Sierra now. I feel spoiled with the 5.3, power fold mirrors and blinkers along with the SLE-2 trim package, steering controls, etc. But, I also bought this truck with 140k on it knowing that it's seen some years of work and abuse. I paid $12k, around here... That's cheap even with the mileage.

 

Saying all that, would I give up those options above for a brand new silverado, roll windows, manual locks, 5.3 (with no AFM please), 4wd and extended cab for an extra $6k? ( assuming that GM could build and sell one for approx $18k out the door)

 

Hell yes I would, why?

 

-Piece of mind from a warranty.

-I could actually track maintenance from day one.

-The feeling of actually owning a brand new truck (which I'm imagining is quite nice)

 

Again, I think that there are a lot of guys with me on this. Not that I'm bagging on you folks who make the big bucks, but we don't all come to this forum and introduce a 2015-16 Silverado or Sierra.

 

I'm sure all of us wish we could. I believe if the big 3 made these poor man trucks marketable at under $20k...you would see a lot of guys saying screw the $15k used truck with 80k on it, I'll spend the extra $5k for a new one.

LaserBlueZ71 Enthusiast

LaserBlueZ71

Posted
Posted

 

IMO it's a clever game of the car makers.

1. long terms of financing make a car "affordable" for almost everyone. No one has to save up money to buy a car. That makes it harder to...

2. ...sell your car private for cash to someone, because the remaining amount of the loan is higher than what one would get. So you'd have to...

3. ...go to the dealer again to have the convenience to get a new car and get rid of the old one while the remaining loan owed will be cleared with the new loan.

 

Win win for the car maker. He'll make money on the new car AND on the old one.

 

so long

j-ten-ner

And the only way to get lower payments is to take a significant drop in what your driving.

 

If you owe 50K on a truck that is worth 35K, the only way your coming out with cheaper payments is if you buy a Chevy Spark or something. Trouble is, now you add the 15K difference onto the 12K for the spark, and now your driving around in a Spark that you owe 27K on, but is now worth about 7K since you drove it off the lot.

 

That is why I always say, once you sign on the line, your stuck paying no matter what, whether you pay now, or later, or get another vehicle and carry debt over, either way, you will keep paying.

Spurshot Senior Enthusiast

Spurshot

Posted
Posted

If people weren't buying them, they wouldn't make them.

 

But Bernie will fix this situation. He'll tax the crap out of everyone and "spread the wealth". Then maybe we can all get grey uniforms and 'feel the burn'.

newdude Senior Enthusiast

newdude

Posted
Posted

Saw one at the Toronto Auto Show. Looks sweet in white. The best looking F150 of all of the new ones, as in, its the only good looking one. Needs a V8 though (damn Ford and their egoboost crap...)

Spurshot Senior Enthusiast

Spurshot

Posted
Posted

At the LA Car Show in November

 

I'd probably buy one if they came with Crewcab & 6 1/2 ft beds and a V8.

 

DSC_3421%20Large_zpsmelljtsf.jpg

 

DSC_3423%20Large_zpsdyobvhf1.jpg

Spurshot Senior Enthusiast

Spurshot

Posted
Posted

Love that blue.

I wouldn't mind a Camaro in that color. Reminds me of the blue used on 60's camaros.

SnakeEyeSS Senior Enthusiast

SnakeEyeSS

Posted
Posted

 

 

It would be nice to have something offered for under $30K, but as long as everyone keeps shelling out $40k-$50k it'll never happen.

You mean, "as long as the average consumer keeps taking out 7+ year auto loans".

 

Don't worry, that bubble will burst sooner than later I expect.

Daryl LBZ Senior Enthusiast

Daryl LBZ

Posted
Posted

You mean, "as long as the average consumer keeps taking out 7+ year auto loans".

 

Don't worry, that bubble will burst sooner than later I expect.

Haha that too! I'm with you on that. Eventually something is going to crash.

BIGDOGx Senior Enthusiast

BIGDOGx

Posted
Posted

You mean, "as long as the average consumer keeps taking out 7+ year auto loans".

 

Don't worry, that bubble will burst sooner than later I expect.

 

Not really, someone who cant pay the note gets their car or truck taken back, it is not like a educational loan with 0 collateral for the bank to lean on or home loan which is nearly impossible to get squatters out even when they have not paid the bank for years!

 

Don't pay for 3 months on a auto note and the tow truck will take it back sooner rather then later and the bank will recoup most times the full amount owed when they sell it off. You will see either a housing again or educational loan bubble before we ever see issues regarding car loans.

MikeNH Senior Enthusiast

MikeNH

Posted
Posted

You mean, "as long as the average consumer keeps taking out 7+ year auto loans".

 

Don't worry, that bubble will burst sooner than later I expect.

That kind of car/truck doesn't sell. People don't want basic vehicles. It's like how people in the US moaned about the BMW M5/6 being SMG only so BMW made manuals JUST for America. Then no one bought them. So they're gone again.

 

You can get basic vehicles still but dealers don't bother stocking them.

  • 4 weeks later...
MRTMotorsports Enthusiast

MRTMotorsports

Posted
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Posted

I guess it depends on the car, people were livid when Porsche said no more manual so they made two new models with manual only options and they are already sold out before they have even hit the production line

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