New Car Sales The Lowest in Seventeen Years

[Primemuscle]

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.

By three-year finance deal, do you mean leasing a car? In some situations, leasing is the way to go. Like with every choice we make there is pros and cons to leasing a vehicle.

Leasing isn't right for me because I don't trade them in on a new one for around 10 to 12 years or longer depending on the milage I have put on it.

[Mayday]

your future

LoL not quite. I have chooks and a big vegetable garden setup. My wife is an awesome cook. We don’t eat takeaways. You’d be surprised how your preferences changes when suddenly you have lots of free time and aren’t in traffic commuting.

What do you think of the R8 as a DD?

The s-tronic gearbox models are fine. The early r-tronic melt clutch packs. My neighbour 2 doors up has a current model R8 V10 and an RS6. I’m in the country so no traffic problems really, roads are reasonable and parking spots are wide and safe.

I’d happily daily drive it up here but I don’t have anywhere to go. My wife isnt exactly keen to sell her Merc SUV to get one despite it being this blonde bird who drives the R8 which I thought would spark her competitive nature lol. My wife wants a Bentley Continental but I’d buy an older model for 100k or so but I don’t know anything about that brand unlike Audi (we have had a stack of Audis) and Mercedes.

[Flexacon]

By three-year finance deal, do you mean leasing a car? In some situations, leasing is the way to go. Like with every choice we make there is pros and cons to leasing a vehicle.

Leasing isn't right for me because I don't trade them in on a new one for around 10 to 12 years or longer depending on the milage I have put on it.

Leasing is perfect for you as you will be lucky to see another 3 years let alone 10 to 12.

[deadz]

Leasing is perfect for you as you will be lucky to see another 3 years let alone 10 to 12.

[joswift]

By three-year finance deal, do you mean leasing a car? In some situations, leasing is the way to go. Like with every choice we make there is pros and cons to leasing a vehicle.

Leasing isn't right for me because I don't trade them in on a new one for around 10 to 12 years or longer depending on the milage I have put on it.

similar, but this gives you the option to buy the car after 3 years at a reduced price of course as your payments are taken from the cars overall value

[Freemason]

There is no chip shortage.

Ask yourself-why are the big 3 carmakers not going bankrupt?

I know the answer, spoke to one of the top engineers for GM. Biden admin has paid a multi-billion subsidy to the carmakers to slow down ICE vehicle manufacturing and they have pulled all engineers to electric vehicle development.

Funny thing is it is not going well, they have burned (literally, they are catching on fire) through a shitload of prototypes and have a long way to go. Corporate doesn’t care, like the vax makers they were paid up front.

This is why Musk was not invited to the electric car summit, he already makes them and got no handout.

[Hypertrophy]

There is no chip shortage.

Ask yourself-why are the big 3 carmakers not going bankrupt?

I know the answer, spoke to one of the top engineers for GM. Biden admin has paid a multi-billion subsidy to the carmakers to slow down ICE vehicle manufacturing and they have pulled all engineers to electric vehicle development.

Funny thing is it is not going well, they have burned (literally, they are catching on fire) through a shitload of prototypes and have a long way to go. Corporate doesn’t care, like the vax makers they were paid up front.

This is why Musk was not invited to the electric car summit, he already makes them and got no handout.

lol - you are fucking clueless. Onsemi has quoted me 26 weeks minimum for parts. Clock oscillators from Japan are 1 year.

[Hendrixian]

So, I live in Brazil and cars here are a joke and unbelievably expensive, roads are shitty, traffic is constant, gas is expensive and fucks up cars. Is it possible to buy a old but functional car in the US for let's say, 2000 dollars? Like an old Honda or something.

[Humble Narcissist]

Leasing is perfect for you as you will be lucky to see another 3 years let alone 10 to 12.

Brutal!

[deadz]

So, I live in Brazil and cars here are a joke and unbelievably expensive, roads are shitty, traffic is constant, gas is expensive and fucks up cars. Is it possible to buy a old but functional car in the US for let's say, 2000 dollars? Like an old Honda or something.

Yes

[ThisisOverload]

So, I live in Brazil and cars here are a joke and unbelievably expensive, roads are shitty, traffic is constant, gas is expensive and fucks up cars. Is it possible to buy a old but functional car in the US for let's say, 2000 dollars? Like an old Honda or something.

Yes, the hard part would be getting it to Brazil.

There are a lot of Toyota's and Honda's that run a very long time.

[ThisisOverload]

lol - you are fucking clueless. Onsemi has quoted me 26 weeks minimum for parts. Clock oscillators from Japan are 1 year.

Intel is modifying their facility in NM to help make up for the chip shortage.

I read an article about it a few months ago.

It's definitely a real situation.

[Hypertrophy]

Intel is modifying their facility in NM to help make up for the chip shortage.

I read an article about it a few months ago.

It's definitely a real situation.

True, but unfortunately it won't have an impact roughly another year. I worked in a class 100 CMOS fab and to qualify any expansions or new operations is 1-3 years.  The industry was slammed by a confluence of factors, including the sudden drop in demand by automotive at the start of the Fauxvid pandemic. They shifted lines to other products and when autos kicked back on they were at the end of the line.


Politicians, being the retards that they are, think you can just turn this industry on and off with the flick of a switch.

[Freemason]

lol - you are fucking clueless. Onsemi has quoted me 26 weeks minimum for parts. Clock oscillators from Japan are 1 year.

I’m not clueless, but always like to admit when I am wrong.

Why is there no shortage of smart TVs, phones, laptops, or desktop PCs? I have shopped all 4 items in the last month and deals everywhere? Fuck, even DJI drones are plentiful.

Open to a reason why if there truly is a chip shortage. And still no one questions why the carmakers are still doing just fine, in 2008 with just a 17% drop in sales they all almost went bankrupt.

[Palumboism]

I’m not clueless, but always like to admit when I am wrong.

Why is there no shortage of smart TVs, phones, laptops, or desktop PCs? I have shopped all 4 items in the last month and deals everywhere? Fuck, even DJI drones are plentiful.

Open to a reason why if there truly is a chip shortage. And still no one questions why the carmakers are still doing just fine, in 2008 with just a 17% drop in sales they all almost went bankrupt.

I believe you might be onto something.  Why is the chip shortage disproportionately affecting the auto industry?

Back in 2008-2009 two of the three Detroit auto companies went bankrupt when sale didn't drop as much as they are now, yet none of them are complaining they might go broke. 

All three jumping into electric cars with both feet. 

[Irongrip400]

I believe you might be onto something.  Why is the chip shortage disproportionately affecting the auto industry?

Back in 2008-2009 two of the three Detroit auto companies went bankrupt when sale didn't drop as much as they are now, yet none of them are complaining they might go broke. 

All three jumping into electric cars with both feet.

Maybe the dip in sales has been offset by the gouging in prices on new cars the past few years? Not arguing with you, just trying to throw it out there. Although you and Freemason make good points.

[youandme]

I believe you might be onto something.  Why is the chip shortage disproportionately affecting the auto industry?

Back in 2008-2009 two of the three Detroit auto companies went bankrupt when sale didn't drop as much as they are now, yet none of them are complaining they might go broke. 

All three jumping into electric cars with both feet.

They have no choice. Government is forcing the green initiative. They’ll miss out on tax credits along with customer tax credits that are meant to lure people to purchase EV over gas. Then they’ll pay the price with subsidies if they don’t toe the line.

It’s now a race to destroy the east through the milling of minerals. Dummies cry over oil production but wait till they see the destruction caused by mining for minerals for the insane amount of batteries.

[Mayday]

True, but unfortunately it won't have an impact roughly another year. I worked in a class 100 CMOS fab and to qualify any expansions or new operations is 1-3 years.  The industry was slammed by a confluence of factors, including the sudden drop in demand by automotive at the start of the Fauxvid pandemic. They shifted lines to other products and when autos kicked back on they were at the end of the line.


Politicians, being the retards that they are, think you can just turn this industry on and off with the flick of a switch.

I read something the other day that chips for automotive are being diverted to electric vehicles which is why combustion vehicles can’t be supplied.

Do you think that’s sounds right?

[Mayday]

They have no choice. Government is forcing the green initiative. They’ll miss out on tax credits along with customer tax credits that are meant to lure people to purchase EV over gas. Then they’ll pay the price with subsidies if they don’t toe the line.

It’s now a race to destroy the east through the milling of minerals. Dummies cry over oil production but wait till they see the destruction caused by mining for minerals for the insane amount of batteries.

I doubt it.

The drive to electric vehicles is to achieve an outcome of a reduction of the number of vehicles overall.

Minerals are only a problem if you assume we all own 3 cars each like Americans. The global strategy is to end car ownership which would mean we:
a) have no need to own a car because we never go anywhere
b) the cost to own/run a car vs your usage is cost prohibitive

It’s highly likely we end up with something like 5% of the number of cars we have today. No problem for battery requirements in that case.

I don’t believe construction/agriculture vehicles have the same urgent move to electric. Something which might happen after we move away from combustion cars I assume.

[youandme]

I doubt it.

The drive to electric vehicles is to achieve an outcome of a reduction of the number of vehicles overall.

Minerals are only a problem if you assume we all own 3 cars each like Americans. The global strategy is to end car ownership which would mean we:
a) have no need to own a car because we never go anywhere
b) the cost to own/run a car vs your usage is cost prohibitive

It’s highly likely we end up with something like 5% of the number of cars we have today. No problem for battery requirements in that case.

I don’t believe construction/agriculture vehicles have the same urgent move to electric. Something which might happen after we move away from combustion cars I assume.

Later on yes, for both choices a and b. Still years away from that. For now the government incentivized manufacturing and purchasers with tax credits.

I think down the line with heavy machinery the deductions will change and favor electric over gas forcing industries to switch to EV heavy machinery not because the technology and production capabilities are there but because the tax system will force them.

The lithium mining is going to be a shit show.

[Humble Narcissist]

I doubt it.

The drive to electric vehicles is to achieve an outcome of a reduction of the number of vehicles overall.

Minerals are only a problem if you assume we all own 3 cars each like Americans. The global strategy is to end car ownership which would mean we:
a) have no need to own a car because we never go anywhere
b) the cost to own/run a car vs your usage is cost prohibitive

It’s highly likely we end up with something like 5% of the number of cars we have today. No problem for battery requirements in that case.

I don’t believe construction/agriculture vehicles have the same urgent move to electric. Something which might happen after we move away from combustion cars I assume.

Not a problem in cities or densely populated countries but America is too big with millions living outside the cities. I doubt thos people want to go back to horse and buggy.

[ThisisOverload]

Not a problem in cities or densely populated countries but America is too big with millions living outside the cities. I doubt thos people want to go back to horse and buggy.

Our entire infrastructure system isn't setup for it.

Apart from New York City, there are very few opportunities to remove personal travel vehicles from the system.

Even dense cities like Chicago and Dallas, they have done studies for decades and it's been shown to not be practical.

I worked on the light rail project in downtown Houston like 20 years ago. The feasibility even showed that it was a financial disaster and wouldn't make a positive impact. In fact, it has had a negative impact on traffic patterns. But the Mayor was hell bent on getting it done and pulled the trigger. It has been a massive failure and is only utilized at about a 30% level of what was planned. And it's been around for 18 years.

[Humble Narcissist]

Our entire infrastructure system isn't setup for it.

Apart from New York City, there are very few opportunities to remove personal travel vehicles from the system.

Even dense cities like Chicago and Dallas, they have done studies for decades and it's been shown to not be practical.

I worked on the light rail project in downtown Houston like 20 years ago. The feasibility even showed that it was a financial disaster and wouldn't make a positive impact. In fact, it has had a negative impact on traffic patterns. But the Mayor was hell bent on getting it done and pulled the trigger. It has been a massive failure and is only utilized at about a 30% level of what was planned. And it's been around for 18 years.

California ditched their rail system before it ever got started because of the cost. How far are we going to go down this path before they realize it won't work? Are libs this stupid or are they just pandering to their green base?

[ThisisOverload]

California ditched their rail system before it ever got started because of the cost. How far are we going to go down this path before they realize it won't work? Are libs this stupid or are they just pandering to their green base?

It's to get votes from people who are uneducated and do not understand economics or city planning.

The Libs love to spend money on things that don't work. Or at least don't work as well as they planned.

But it gives a lot of money to businesses and can keep employment rates inflated.

They know what they are doing, it's just most people don't understand the end result is a failure.

The cycle just repeats over and over. Since they aren't held accountable for finances and don't plan on paying back any debt, it's just the way things will continue to be.

[The Scott]

California ditched their rail system before it ever got started because of the cost. How far are we going to go down this path before they realize it won't work? Are libs this stupid or are they just pandering to their green base?

Yeah and those twats kept the money they claimed to spend on the high speed rail to nowhere.  Fuck the governor and the legislature here.  It would be grand to hear they all died  in an F5 tornado.  Call it the Middle Finger of God.