New Car Sales The Lowest in Seventeen Years

[Palumboism]

August new car sales for August were 608,895 vehicles.  The last time they were this low was in January 2009 when they hit 650,608 vehicles.

This isn't about the chip shortage.  New car sales haven't dropped below a million in the last three years. 

Are we plunging into a recession?  Is this Biden stag-flation?

https://www.goodcarbadcar.net/usa-auto-industry-total-sales-figures/

[Palumboism]

Annual new car sales over the last ten years.  2022 isn't over, but it's way lower than usual.

2012    15,376,264    
2013    15,490,245    
2014    16,424,017    
2015    17,404,970    
2016    17,500,719    
2017    17,212,565    
2018    17,323,849    
2019    17,023,894    
2020    14,697,837    
2021    14,954,805    
2022    7,992,837

https://www.goodcarbadcar.net/usa-auto-industry-total-sales-figures/

[Irongrip400]

You can’t find vehicles, and the ones you do find, are over priced. I tried to order a new superduty and the dealer told me they weren’t taking orders until October or November with the joke slots not producing those vehicles until January. The lots are bare. Shit, I tried to order a new road tractor and I’m being told a year out by Peterbuilt, with Mack/Volvo saying February.

Used is out of control too. I stopped in a Chevy dealer to look at a truck similar to mine that I thought was new. It was a 2020, with 68,000 miles on it and they wanted $72,000 for it. Pure madness.

[deadz]

Very few "new" cars available these days. Everything has to be ordered and then you wait. So far, it's been six months since I put down a deposit on an M5 Competition, likely won't arrive for another 2-3. My nephew wants a Kia model, no new cars on Kia's lot.

[chaos]

Annual new car sales over the last ten years.  2022 isn't over, but it's way lower than usual.

2012    15,376,264    
2013    15,490,245    
2014    16,424,017    
2015    17,404,970    
2016    17,500,719    
2017    17,212,565    
2018    17,323,849    
2019    17,023,894    
2020    14,697,837    
2021    14,954,805    
2022    7,992,837

https://www.goodcarbadcar.net/usa-auto-industry-total-sales-figures/

Prices have gone insane and new cars are plastic toys that fall apart easily.

[joswift]

most people do finance deals on cars there days

Only insane people buy a new car

[Hypertrophy]

Prices are retarded on new and used so why bother? The chip shortage still is ongoing (I am in the electronics biz) and yes, that is still a factor. Add in rising interest rates and demand drops. It ain't the end of the world.

[Palumboism]

Prices are retarded on new and used so why bother? The chip shortage still is ongoing (I am in the electronics biz) and yes, that is still a factor. Add in rising interest rates and demand drops. It ain't the end of the world.

The computer chips in cars are low end $10 chips.  This is a problem which shouldn't exist in the first place and it should already be over.  If only we had a president who would make America great again.

[Karpaasi]

Very few "new" cars available these days. Everything has to be ordered and then you wait. So far, it's been six months since I put down a deposit on an M5 Competition, likely won't arrive for another 2-3. My nephew wants a Kia model, no new cars on Kia's lot.

Hope you get your car soon. M5 sure is a badass car. I ordered Ferrari 296 gtb in august 2021. Dealer told me that it's a 2 year wait and should come in Q3 2023. But at the moment it seems that I can be even longer. I haven't seen anyone to get one.

[chaos]

Prices are retarded on new and used so why bother? The chip shortage still is ongoing (I am in the electronics biz) and yes, that is still a factor. Add in rising interest rates and demand drops. It ain't the end of the world.

We used to get a product from Germany in 2-4 weeks, now it's 12-14 because of this chip bullshit.

[joswift]

Very few "new" cars available these days. Everything has to be ordered and then you wait. So far, it's been six months since I put down a deposit on an M5 Competition, likely won't arrive for another 2-3. My nephew wants a Kia model, no new cars on Kia's lot.

New Kias have terrible interiors, they have gone all woke using recycled shit, they have no on board Sat nav, you need a Smart phone

My 3 year lease was up and I ended up getting another 3 year deal on last years model because I was going to walk simply because of the interior.

[Gym-Rat]

Ive always bought 3-yr old cars, drive 'em til they die.
Overpriced nonsense where I never wanted debt.
In 30+ yrs I've owned 3 cars... Dont like payments of any kind, never did.

But yes, just another record-breaking number under the biggest retard (and even bigger retards who voted for him) Pedo-Peter the Pant-Shitting Zombie...

The CCP Traitor Commie Puppet.

[Hypertrophy]

The computer chips in cars are low end $10 chips.  This is a problem which shouldn't exist in the first place and it should already be over.  If only we had a president who would make America great again.

Actually those $10 chips are now running upwards of $100 or more. I had one particular chip I used, called a triple line receiver, that used to be generic, costing $2-3. I ordered 500 pieces 1 1/2 years ago at $25 each and just got them last week. This is the same chip used in cars for feedback loops on sensors.


The government has caused all these problems.


Fuck Joe Biden

[ThisisOverload]

Anyone who is smart with money wouldn't buy a new car right now anyway.

My younger brother was looking at a new mid-level F150, it was $78k.

I told him he was an idiot if he spends that much on that truck.

Most of the people i know who are good with money aren't spending it on homes and cars right now. Granted some people have to due to moving for work or just needing a car, but if you are buying these things for personal gain, you are a moron.

I haven't spent money on hardly anything other than vacations since Covid.

[OneMoreRep]

Supply chain issues are showing their ugly head.

I wouldn't buy a car right now.

"1"

[Primemuscle]

Several issues are causing the shortage of new products, including autos. Shipping delays have returned due to China's lockdowns. Auto manufacturers built 1.7 million fewer vehicles in 2021 than in 2019. The war in Ukraine has disrupted the global supply of neon gas, which is used to make semiconductors. Car dealerships warn that the supply shortages may last through 2024. This not good news for someone needing a new car. 

[Gym-Rat]

Several issues are causing the shortage of new products, including autos. All are libtard, fake RONA, or CCP (or CCP puppet) related".

Globalist commie-retardz are ruining the world (on purpose of course).

[Humble Narcissist]

Prices have gone insane and new cars are plastic toys that fall apart easily.

Trucks are even worse than cars. I see trucks being sold at $80,000 to $90,000! You can buy a house in Appalachia for that much.

[ProudVirgin69]

Trucks are even worse than cars. I see trucks being sold at $80,000 to $90,000! You can buy a house in Appalachia for that much.

yup, financed w a 72 month loan no less

I work construction and drive an old shitty Honda Odyssey.  My coworkers all drive massive lifted pickup trucks and probably pay $1000/monthly for the privilege

"wow PV how do you own a home?"

"got lucky I guess"

[Mayday]

People will go kicking and screaming…….

I’m already in 2030. My wife and I work from home and basically never leave our estate. I want an Audi R8 in the garage. I have the means but I don’t drive anywhere.

Shit people think matters, won’t. This includes cars which will become pointless once people really begin to work from home or less days/hours.

I enjoy gaming and am already at the point where it makes more sense to buy a full motion simulator Than it does to buy a really nice car. just sheer time/effort/stress wise because owning an actual supercar I’d have to clean it and organise proper drive days or club days which is shit for me.

[joswift]

People will go kicking and screaming…….

I’m already in 2030. My wife and I work from home and basically never leave our estate. I want an Audi R8 in the garage. I have the means but I don’t drive anywhere.

Shit people think matters, won’t. This includes cars which will become pointless once people really begin to work from home or less days/hours.

I enjoy gaming and am already at the point where it makes more sense to buy a full motion simulator Than it does to buy a really nice car. just sheer time/effort/stress wise because owning an actual supercar I’d have to clean it and organise proper drive days or club days which is shit for me.

your future

[youandme]

yup, financed w a 72 month loan no less

I work construction and drive an old shitty Honda Odyssey.  My coworkers all drive massive lifted pickup trucks and probably pay $1000/monthly for the privilege

"wow PV how do you own a home?"

"got lucky I guess"

Yeah I don’t get that. Just because you work in oil and construction doesn’t mean you need a 100k jacked up truck. It’s a want not a need and it’s nuts how much they spend on the trucks now.

20 years ago it used to be get s truck and install a lift kit and tires, now it’s dealers doing it and tacking on an extra 40k and these morons or buying them.

[GymnJuice]

People will go kicking and screaming…….

I’m already in 2030. My wife and I work from home and basically never leave our estate. I want an Audi R8 in the garage. I have the means but I don’t drive anywhere.

Shit people think matters, won’t. This includes cars which will become pointless once people really begin to work from home or less days/hours.

I enjoy gaming and am already at the point where it makes more sense to buy a full motion simulator Than it does to buy a really nice car. just sheer time/effort/stress wise because owning an actual supercar I’d have to clean it and organise proper drive days or club days which is shit for me.

What do you think of the R8 as a DD?

[ElPolloSalmonello]

most people do finance deals on cars there days

Only insane people buy a new car

Depends where you live. I live in a developing country and you'd be nuts to buy a 2nd hand car here. Think would probably fall apart going out of the lot....

[joswift]

Depends where you live. I live in a developing country and you'd be nuts to buy a 2nd hand car here. Think would probably fall apart going out of the lot....

3 year finance deal, you dont own the car you just basically get a cheap rental
After 3 years just give it back or get another new one on another deal

If it has wheels or a rudder dont buy it.