Average New Car Price Hits $50K

[ElPolloSalmonello]

This strategy may work in third world countries.....

100%!

I live in Thailand - wouldn't really call it 3rd world any more - maybe 'developing' - but it's a better place to live than UK.

There are consumer protection bureaus and the like - but that's government - and who wants to rely on government?

[Humble Narcissist]

100%!

I live in Thailand - wouldn't really call it 3rd world any more - maybe 'developing' - but it's a better place to live than UK.

There are consumer protection bureaus and the like - but that's government - and who wants to rely on government?

The women are definitely better.

[ElPolloSalmonello]

The women are definitely better.

Well, the cars aren't - and that's the important thing

[Dave D]

Well, the cars aren't - and that's the important thing

Do they have electric women? Or are they using they fossil fuel options?

[ElPolloSalmonello]

Do they have electric women? Or are they using they fossil fuel options?

Powered by Chilli.

[Humble Narcissist]

Do they have electric women? Or are they using they fossil fuel options?

They are being made in China right now.

[Palumboism]

The 2024 used car market grew to 16.8 million units.

Average used car price is $25,721.



https://www.carscoops.com/2025/01/used-car-sales-in-2004-jump-4-3-to-16-8-million/

[ThisisOverload]

I just got back from a Mecum auction and one thing I can say is, that eventually whatever you’re driving now will be worth more than what you paid for it.

Only certain niche cars that are in perfect condition and low milage.

I have a very rare Z06 Vette and it's not appreciating at all. $98k sticker and resale is about $35-40k.

And there were only about 300 made with my exact specs.

May when I'm 90.

[ElPolloSalmonello]

I got a Z4 M40i here in Thailand.

Appreciates in price - but for some reason - only in the hairdresser community.

[ThisisOverload]

I got a Z4 M40i here in Thailand.

Appreciates in price - but for some reason - only in the hairdresser community.

Car appreciation is strange.

A friend of mine has a DeLorean that is mint condition with about 4k miles.

It's a complete piece of shit car but is only famous due to Back ot the Future movies.

He's had people offer him over $100k for it at car shows.

[King Shizzo]

Car appreciation is strange.

A friend of mine has a DeLorean that is mint condition with about 4k miles.

It's a complete piece of shit car but is only famous due to Back ot the Future movies.

He's had people offer him over $100k for it at car shows.

It's a collector's item. Just like how absolutely insane the trading card industry is right now. It's become basically another form of gambling. Something is only worth what the market dictates and what someone else is willing to pay for it.

[Irongrip400]

It's a collector's item. Just like how absolutely insane the trading card industry is right now. It's become basically another form of gambling. Something is only worth what the market dictates and what someone else is willing to pay for it.

Our generation is getting older and more financially set. We therefore have the money to buy the things from our youth. Nostalgia drives the prices. It’s why old furniture isn’t worth shit anymore. Young generation doesn’t want it.

[ThisisOverload]

It's a collector's item. Just like how absolutely insane the trading card industry is right now. It's become basically another form of gambling. Something is only worth what the market dictates and what someone else is willing to pay for it.

Yeah, I'm just saying you won't know how much a new car will appreciate when you buy it.

The people who have these rare cars either got insanely lucky or paid overpriced rates for them as a collector.

Buying a new car will never be considered an investment, 99.999999999% of the time. It's a big waste of money.

[joswift]

Yeah, I'm just saying you won't know how much a new car will appreciate when you buy it.

The people who have these rare cars either got insanely lucky or paid overpriced rates for them as a collector.

Buying a new car will never be considered an investment, 99.999999999% of the time. It's a big waste of money.

Ford Sierra Cosworth was around 10k new back in the 80s, if you still have one today it can go for £100k
https://www.autotrader.co.uk/car-details/202408193034928?sort=relevance&searchId=33646f18-685b-4641-b230-d85b94e21b7e&advertising-location=at_cars&make=Ford&model=Sierra&page=1&postcode=m29%207hf&fromsra

[Brenda Steunbeer]

Ford Sierra Cosworth was around 10k new back in the 80s, if you still have one today it can go for £100k
https://www.autotrader.co.uk/car-details/202408193034928?sort=relevance&searchId=33646f18-685b-4641-b230-d85b94e21b7e&advertising-location=at_cars&make=Ford&model=Sierra&page=1&postcode=m29%207hf&fromsra

Could be a fantasy price, hoping some idiot shows up and overpays for that pos car.
Mobile gives lower asking prices, but with higher mileage:

https://suchen.mobile.de/fahrzeuge/search.html?dam=false&door=TWO_OR_THREE&isSearchRequest=true&ms=9000%3B36%3B%3Bcosworth&od=up&ref=dsp&s=Car&sb=p&vc=Car

[illuminati]

Yeah, I'm just saying you won't know how much a new car will appreciate when you buy it.

The people who have these rare cars either got insanely lucky or paid overpriced rates for them as a collector.

Buying a new car will never be considered an investment, 99.999999999% of the time. It's a big waste of money.

There's a lot out there that would disagree with you & have made
plenty of money out of buying the right cars.

[joswift]

Could be a fantasy price, hoping some idiot shows up and overpays for that pos car.
Mobile gives lower asking prices, but with higher mileage:

https://suchen.mobile.de/fahrzeuge/search.html?dam=false&door=TWO_OR_THREE&isSearchRequest=true&ms=9000%3B36%3B%3Bcosworth&od=up&ref=dsp&s=Car&sb=p&vc=Car

different models are rarer 2 door escpecially rare

I could have bought one for £1k in 1996 but it was a "ringer" and I couldnt take the chance because of my job

If I still had it it would be up at £75k today

[_bruce_]

New cars are pretty ugly and the interior kinda looks like an abortion from star trek - who's paying money for such retarded mobilo-trons... are people really that much into Judge Dredd aesthetics... 

[King Shizzo]

New cars are pretty ugly and the interior kinda looks like an abortion from star trek - who's paying money for such retarded mobilo-trons... are people really that much into Judge Dredd aesthetics... 

Yeah like the Ford Bronco. They made a big deal about the relaunch, but the lines are too smooth and it looks like it's meant for soccer moms. Don't even get me started on the new Dodge Daytona electric 

I miss the days of Ronnie Coleman collecting gas guzzling, Hummers, after winning the Arnold Classic.

[ElPolloSalmonello]

Ford Sierra Cosworth was around 10k new back in the 80s, if you still have one today it can go for £100k
https://www.autotrader.co.uk/car-details/202408193034928?sort=relevance&searchId=33646f18-685b-4641-b230-d85b94e21b7e&advertising-location=at_cars&make=Ford&model=Sierra&page=1&postcode=m29%207hf&fromsra

With a WHOPPING 204hp and a 0-60 time of 6.5 seconds.

Great if you want to impress your woman at the lights by pulling away from an ice cream van.

That is not a sports car.

[joswift]

With a WHOPPING 204hp and a 0-60 time of 6.5 seconds.

Great if you want to impress your woman at the lights by pulling away from an ice cream van.

That is not a sports car.

it was in the 80s when it came out, plus you could get them chiped to increase the BHP
[ Invalid YouTube link ]

[ElPolloSalmonello]

New cars are pretty ugly and the interior kinda looks like an abortion from star trek - who's paying money for such retarded mobilo-trons... are people really that much into Judge Dredd aesthetics... 

Some cars still have good interiors

Mine's in the shop at the moment having a touch-up as it's 4 years old - a few scratches removed, alloy wheel repair - just did the same for the wife's - this pic of the interior doesn't doto it justice - but it's close enough.

I really love this interior. I think it's modern, yet classy - literally the complete opposite of myself?

[ElPolloSalmonello]

it was in the 80s when it came out, plus you could get them chiped to increase the BHP
[ Invalid YouTube link ]

To what? 300? lol

My wife's car is a simple twin-turbo 3.0 V6 with close to 400hp and does 0-60 in 3.7s - and it's a fucking hairdresser's car.

The ride is better, it's more reliable, it handles better, it's got an amazing sound system (not a cassette player), it's got 100s more features. It sounds like a rocket and it was CHEAPER than that piece of shit Cosworth.

You get what you pay for - unless it's a UK working-class "sporty" Ford from the 90s. So I would include
- Sierra
- Escort (yes - even that convertible junk) Mk1 onwards, and that XR3i was shite
- Fiesta - might as well have been called Siesta for the performance
- Capri
- Cortina

I mean - just look at the fucking junk on here: https://www.ebay.co.uk/b/bn_2316284

Now - when it comes to classic American Fords (and I am from UK) - like old Mustangs and the like - they may not have the performance, they may only go in straight lines -  but they made some beautiful cars. Europe just got the shite.

[joswift]

To what? 300? lol

My wife's car is a simple twin-turbo 3.0 V6 with close to 400hp and does 0-60 in 3.7s - and it's a fucking hairdresser's car.

The ride is better, it's more reliable, it handles better, it's got an amazing sound system (not a cassette player), it's got 100s more features. It sounds like a rocket and it was CHEAPER than that piece of shit Cosworth.

You get what you pay for - unless it's a UK working-class "sporty" Ford from the 90s. So I would include
- Sierra
- Escort (yes - even that convertible junk) Mk1 onwards, and that XR3i was shite
- Fiesta - might as well have been called Siesta for the performance
- Capri
- Cortina

I mean - just look at the fucking junk on here: https://www.ebay.co.uk/b/bn_2316284

Now - when it comes to classic American Fords (and I am from UK) - like old Mustangs and the like - they may not have the performance, they may only go in straight lines -  but they made some beautiful cars. Europe just got the shite.

730bhp...

Of course they are not as good as a new car, they are old collectors items and people pay big money for them, that was the point of my original post

[Skeletor]

Ford Sierra Cosworth was around 10k new back in the 80s, if you still have one today it can go for £100k
https://www.autotrader.co.uk/car-details/202408193034928?sort=relevance&searchId=33646f18-685b-4641-b230-d85b94e21b7e&advertising-location=at_cars&make=Ford&model=Sierra&page=1&postcode=m29%207hf&fromsra

Some of the homologation special cars can fetch good money if they are very low miles, unmodified and and in excellent condition. For example a Lancia Delta S4 Stradale fetched 1 million euros in 2019. This Sierra Cosworth while not a very limited production car appears to be unmodified, low miles and very clean so it might sell for that, if offered at some international auction.