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People are keeping cars longer and buying used

I would love to buy a new f150 but not at their price point
Posted: 12/31/2024 at 09:00 AM ET
(In response to this post by MrBayAreaHokie)

Thread Replies (39)

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Car industry feels like it is about to tank
MrBayAreaHokie 12/31/24 07:10 AM ET
Car industry is awful. What I don't get is dealerships....
ModerateHokie 12/31/24 10:16 AM ET
The # of ICE OEM's will drop by 50%. China wisely pivoted to EV, dominate
Fatman 12/31/24 10:03 AM ET
I saw a Chinese version of something like a Rivian on youtube
MrBayAreaHokie 12/31/24 10:41 AM ET
I've done business in China for over 20 years. If you're judging a Chinese
MCL3 Hokie 12/31/24 10:33 AM ET
The China economy has problems of their own- the 50 year plan?
turkeywinghokie 12/31/24 04:55 PM ET
They drove my old employer out of China, by subsidizing state competition
WestyHokie 12/31/24 02:03 PM ET
Agree 100%. Outcome will still be the same.
Fatman 12/31/24 11:27 AM ET
Lol. Governments have always been lousy venture capitalists. **
RoswellGAHokie 12/31/24 10:32 AM ET
Simple question: what type of energy does the US have in abundance?
EDGEMAN 12/31/24 10:07 AM ET
Disagree. US invented the very solar tech that China produces
Fatman 12/31/24 10:31 AM ET
What we lack is
RTFC 12/31/24 12:45 PM ET
There is little to no natural demand for solar panels or EVs without
RoswellGAHokie 12/31/24 10:50 AM ET
That’s not a true statement. Not at all.
Fatman 12/31/24 11:31 AM ET
Please enlighten us on the percentage of solar panels made in America?
EDGEMAN 12/31/24 10:49 AM ET
China is producing the solar panels invented in the US bc we choose not to
Fatman 12/31/24 11:46 AM ET
Mandated labor cost. No judgement. Just fact.**
RTFC 12/31/24 12:47 PM ET
They've priced a large % of the middle class out of the new car market
HokieNoVA 12/31/24 09:52 AM ET
I was at Tysons Galleria the other day and a 2 door Bently was on display
TheNuke 12/31/24 09:36 AM ET
That's a price only a politician can afford...lol**
EDGEMAN 12/31/24 09:40 AM ET
I'll be buying a car this year. Daughter is getting her license next month
HokieGator 12/31/24 09:25 AM ET
Truck prices are insane, mine had
HortHokie 12/31/24 11:06 AM ET
Ugh. I know. There was a used RAM I found in 2020 ( I think) that was
HokieGator 12/31/24 11:23 AM ET
The free money reckoning is already here. **
RoswellGAHokie 12/31/24 09:17 AM ET
People are keeping cars longer and buying used
HokieJamie 12/31/24 09:00 AM ET
What’s the play? STLA has a PE of 2.87. GM has a PE of 5.73. Are you still
dolph 12/31/24 08:39 AM ET
Those PEs might be listed as “NA” soon 🤣🤪😂
MrBayAreaHokie 12/31/24 09:18 AM ET
They need money to fund their switchover to EVs...
EDGEMAN 12/31/24 07:13 AM ET
Tesla dealer near me has no more room for inventory. I was driving by
Tuckahokie 12/31/24 08:50 AM ET
Tesla is a special case
Hokie Chris 12/31/24 10:59 AM ET
There have also been 7-8 Tesla trucks parked in a lot on Mayland Dr. for...
MP4VT2004 12/31/24 09:03 AM ET
People who bought the truck also bought Laser Discs in the 1980s.
Spud 12/31/24 09:39 AM ET
Agreed, it really feels like manufacturers are subsidizing EV production...
MP4VT2004 12/31/24 08:39 AM ET
I remember the prices Jeep was charging for their new pickup (Gladiator)
EDGEMAN 12/31/24 09:39 AM ET
Calling that thing a pickup is being awfully generous.**
HokieNoVA 12/31/24 09:56 AM ET
think about a new grad- an average new car may = salary **
bigbadbird 12/31/24 08:59 AM ET
Yep. Tack on massive college debt and a mortgage for an overpriced home...
MP4VT2004 12/31/24 09:05 AM ET
one of mine asked if they could have a new car when they graduate- yeah
bigbadbird 12/31/24 09:39 AM ET
Make sure they know they have to insure it too.
EDGEMAN 12/31/24 09:44 AM ET
i have tried to explain it- that an older car is much easier
bigbadbird 12/31/24 10:29 AM ET