[MrFlorida]

I'm surprised nobody is getting hysterical about golf carts yet .

[DAVES]

Originally Posted by Joe C.

Seeing posts on car dealers, prompted me to do this post.

My opinion is that if you can afford to buy a new vehicle, now is the time to do it.

Reason #1
Computer chips that are needed for automobiles are in extremely short supply, and may cause manufacturers to shut some of their plants down,

Reason #2
And probably the most important one is that the U.S. dollar is going to inflate more than it's ever done before, and is going to be worth a lot less in the next year or two. Uncle Sam printed more money last year than all the years they've been printing since the U.S. Mint was established. If you wait a year or two, the car you would like to have will most likely be priced out of reach for you because the sticker prices are going to go sky high. So if you can afford a new vehicle, do it now. Because no matter how high the inflation goes, your monthly loan payment will be at today's dollar amount and won't be affected by the dollar devaluation.

Just my two cents, because next year it'll be just my five cents.

We are all in a state of panic. Perhaps, another side effect of covid 19. At least for me it is. We have too much time to find things to worry about.

As far as buying a car thinking you will pay it off with devalued dollars, the point is far more valid about buying a home with a mortgage.

I was perhaps a bit surprised to find that a former business associate and his brother bought 140 wild acres in North Carolina. A surprise because I know this guy and he is well normal. He has laid in a few thousand rounds of ammo etc.

As bad as things are or seem, we have never seen truly bad such as the depression of the 1930's. I hope we never will.

[DAVES]

Originally Posted by shut the front door

I don't understand why retired people would buy a brand new car and finance it. Why not buy something that doesn't have to be financed? Or at least don't flush 10-15K down the drain by buying new.

A quote I remember from talk radio. If, you think your neighbor is normal it is because you don't know him well enough.

I too am guilty. Since I am always right anyone who doesn't think as I do is wrong. Different things are important to different people. They have every right to whatever they please until it intrudes on my rights.

[bobdeb]

Originally Posted by Daddymac

As of today 4/19
Your Dollar is Worth 91.09 cent.
1 Year ago it was worth over $1.01

We definitely need more free stuff...

[bpascani]

If the 'itch' just won't go away, take a ride up to @Southeast Car Agency in Gainesville, Fl (about an hr up north). They are an awesome company to deal with.

[Decadeofdave]

Originally Posted by Mortal1

steam powered car worth now? All the rubber and cork gaskets will need replacing as well as many hoses will be also. Nah...bad investment.

Buy, if affordable, use for 10 years....trade for crap and start again. Eventually you won't be allowed to drive...problem solved.

A brutally honest assessment!!!

[Ecuadog]

[DeanFL]

Originally Posted by bpascani

If the 'itch' just won't go away, take a ride up to @Southeast Car Agency in Gainesville, Fl (about an hr up north). They are an awesome company to deal with.

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I checked out the provided link to their site. Appears that their stock is 2-4 year old vehicles with 15-30K miles. That said - they probably focus on the out-of-lease vehicles that dealers may auction. Their inventory looks great with lots of varied choices and models. Prices are probably on the high side, but if they are solid to negotiate with, may be a good resource for low- mileage newer vehicles...
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[inda50]

I agree with you on point # 2, but I think the chip shortage is short term problem.