No New Cars

[BayGBM]

Have you been to an auto dealership lately?  We have seen news reports about the chip shortage but seeing it in person is something else:  there is almost no inventory.  I took my truck in for service this morning and there was one car in the show room.  One! Normally it would be filled with 7-12 gleaming new models.  Out front there are typically rows and rows of trucks, cars, and SUVs of all colors and pennants blowing in the wind.  There were literally zero vehicles in front of this Toyota dealer. It looked like something out of a zombie movie.

The used car lot wasn’t much better and used car prices are sky high.  They told me I could sell my 2019 truck back to the dealership for $3-5k more than my purchase price.  They also mentioned this has happened at all dealers of all makes and models.  Not a good time to be buying a new car. 

[SOMEPARTS]

3-5 year old Toyota trucks are selling at original sticker.

20% real inflation in one year under Biden.

[Freemason]

I have a friend that owns a GM dealership.

It’s not just the chips. No shortage of TVs or iPhones in case you didn’t notice. It’s a shortage of LOTS of parts.

Call your local Chevy dealer today and ask for a set of brake pads for an HD Silverado. None available NATIONWIDE. Fuggin brake pads.

Welcome to the “Great Reset”. They are building back better.

[BayGBM]

I have a friend that owns a GM dealership.

It’s not just the chips. No shortage of TVs or iPhones in case you didn’t notice. It’s a shortage of LOTS of parts.

Call your local Chevy dealer today and ask for a set of brake pads for an HD Silverado. None available NATIONWIDE. Fuggin brake pads.

Welcome to the “Great Reset”. They are building back better.

Agreed.  The global supply chain is in serious trouble… but it’s not real until it happens to YOU…or until YOU see it with your own eyes.

The workers who keep global supply chains moving are warning of a 'system collapse'
https://www.cnn.com/2021/09/29/business/supply-chain-workers/index.html

[Mayday]

Aug-Sep was a logistics squeeze as Consumer bought up available containers for a Christmas goods and bulky low value items got bumped from ships as a result.

You will still be able to buy the latest iPhone, AirPods, laptop at the drop of a hat but the shit you need like furniture, bedding, cars etc will have inventory problems and resulting price increases.

2022 will see shortages get worse. Expect product range rationalisation. Things like your kitchen alliances that have 20 colours will have 3 colours. Cars that have 10 colours will have 2 colours. Shit like that.

The global supply chain is not fixed and is broken. I work in this field at a senior level and I hate to tell you but the stuff happening now all points to Globalisation being wound back. There is a decarbonisation program underway, you’ll hear all about energy shortages next impacting production.

[IroNat]

Stock up on toilet paper...or corncobs for you green-types.

[tommywishbone]

Something is wrong.  Very wrong. Last week Lexus sent me an email offering to buy back my 2018 RX350. They offered $8,000 under sticker... for a three year old SUV. Something is wrong.

[Hypertrophy]

Aug-Sep was a logistics squeeze as Consumer bought up available containers for a Christmas goods and bulky low value items got bumped from ships as a result.

You will still be able to buy the latest iPhone, AirPods, laptop at the drop of a hat but the shit you need like furniture, bedding, cars etc will have inventory problems and resulting price increases.

2022 will see shortages get worse. Expect product range rationalisation. Things like your kitchen alliances that have 20 colours will have 3 colours. Cars that have 10 colours will have 2 colours. Shit like that.

The global supply chain is not fixed and is broken. I work in this field at a senior level and I hate to tell you but the stuff happening now all points to Globalisation being wound back. There is a decarbonisation program underway, you’ll hear all about energy shortages next impacting production.

Good. We'll live. The backup from China is good- screw them. Just go back to the 1970's when we made most of our shit in the USA. I'm good with that.

[bigkid]

My friend has a couple car dealership.  He had 9 cars on the lot and the end of last month.  Totally crazy.  I paid 5k over sticker for my wife's escalade but it the grand scheme of things it doesn't seem that bad.  I would never do it under normal circumstances.

[Mayday]

IMO It’s a fair assumption to expect 20% price increases in vehicles in 2022.

We bought one of those ‘63 Mercedes SUVs for my wife this year ahead of the price increases. price went up 30k after.

I have a tastefully modded ute and I could sell that for what it cost me even now after 2yrs. Utes here are the best value holding vehicle and prices are ripping up.

Good. We'll live. The backup from China is good- screw them. Just go back to the 1970's when we made most of our shit in the USA. I'm good with that.

Agree.

My friends and family are always shocked when I tell them if given today vs 1960s I’d choose the 1960s. The wastage we have is pure insanity and I have disposed tonnes of shit all over Asia pacific. No joke 85% of ‘broken’ consumer product returned from customers works but it’s too expensive to repair it so we bin it.

At one point I warned a business we had crossed a cost threshold where if a customer calls and says it’s broken, it’s best we simply send a new one to then and ask the customer to bin it at their house. Now, you can’t do that obviously but that’s how cheap products are vs labour-freight etc.  Total insanity.

Make shit crazy expensive again. Make items valuable to use because of how much we paid. Reduce consumption. Reduce wastage. Brings jobs and manufacturing back home. Much better.

[Hypertrophy]

IMO It’s a fair assumption to expect 20% price increases in vehicles in 2022.

We bought one of those ‘63 Mercedes SUVs for my wife this year ahead of the price increases. price went up 30k after.

I have a tastefully modded ute and I could sell that for what it cost me even now after 2yrs. Utes here are the best value holding vehicle and prices are ripping up.

Agree.

My friends and family are always shocked when I tell them if given today vs 1960s I’d choose the 1960s. The wastage we have is pure insanity and I have disposed tonnes of shit all over Asia pacific. No joke 85% of ‘broken’ consumer product returned from customers works but it’s too expensive to repair it so we bin it.

At one point I warned a business we had crossed a cost threshold where if a customer calls and says it’s broken, it’s best we simply send a new one to then and ask the customer to bin it at their house. Now, you can’t do that obviously but that’s how cheap products are vs labour-freight etc.  Total insanity.

Make shit crazy expensive again. Make items valuable to use because of how much we paid. Reduce consumption. Reduce wastage. Brings jobs and manufacturing back home. Much better.

I grew up in Syracuse, NY. I watched it slowly die as factories closed, one after the other, for cheap stuff from Asia. I think the pendulum is now swinging back. It's about time!


By the way, refrigerators, washers, dryers, etc made in the 60's last 40 years or more- my grandmother had one that was still going strong when she died in the 2000's. Now you are lucky to get 5 years out of them before something breaks. Time to bring back quality. Not everything needs to be disposable.

[The Scott]

One of my brothers recently retired and then sold his Jeep after driving it for 2.5 years for (I think) $2,500 t0 $3,500 more than he paid for it.

I was recently offered (sight unseen) by a couple of dealers $40,000 to $45,000 for my 2018 Ram (it is an EcoDiesel model).   I told them politely no, thank you.  To replace it would cost me over $70,000 right now.  Admittedly it is very low mileage but there is no way I would sell right now as I like my truck just fine.  The same is true of my other two vehicles.  They are currently worth a lot more due to this BS, but I am not going to sell either of them as they work great and I don't want to have to replace them with something costing me 40 to 60 grand.

I am grateful and  happy for what we have. 

[The Scott]

I grew up in Syracuse, NY. I watched it slowly die as factories closed, one after the other, for cheap stuff from Asia. I think the pendulum is now swinging back. It's about time!


By the way, refrigerators, washers, dryers, etc made in the 60's last 40 years or more- my grandmother had one that was still going strong when she died in the 2000's. Now you are lucky to get 5 years out of them before something breaks. Time to bring back quality. Not everything needs to be disposable.

Hopefully we will experience the 2nd coming of Trump and the ultimate cRapture of the Democucks.  My brother in law worked decades for Whirlpool and that stuff lasted forever!

[ThisisOverload]

My friend has a couple car dealership.  He had 9 cars on the lot and the end of last month.  Totally crazy.  I paid 5k over sticker for my wife's escalade but it the grand scheme of things it doesn't seem that bad.  I would never do it under normal circumstances.

Why would you do that?

Not overpay, but

Why on earth would you buy an Escalade?

You friend owns dealerships and wouldn't cut you a deal bro?

Not a good friend.

[Marty Champions]

Homosexuals want new cars new shoes etc

[GymnJuice]

Yes.  New furniture is taking several months.  They blamed the ship in the Suez but I'm sure that wasn't the issue.  Cars and parts are scarce.  Hopefully we don't end up like Cuba with wooden dashboards and duct tape!

[bigkid]

Why would you do that?

Not overpay, but

Why on earth would you buy an Escalade?

You friend owns dealerships and wouldn't cut you a deal bro?

Not a good friend.

My friend owns a Subaru and a Chrysler/jeep dealer.  The new escalade is nice.  I need the room and it drives smooth and looks great.  White with black rims and a black grille.   

[Rusty Trombone]

My buddy bought a new Mercedes S-class for 110 grand I think, and just by driving it off the lot he lost like 10-15 off it's value.

[Bevo]

My buddy bought a new Mercedes S-class for 110 grand I think, and just by driving it off the lot he lost like 10-15 off it's value.

He should have leased it, a piece of junk that will be worth maybe 15-20k in 5 years time

[Doug_Steele]

I had to preorder a new car but took 12 weeks to get the car to me and they gave me 23k for the old car. I got hit in a wreck and they still gave me that and didn't even run the Vin number.  I was shocked they didint even run the Vin and the car sold two days after I traded it in. 

[oldtimer1]

Thanks Biden. We haven't seen the worst of the inflation yet. Wait till they pass the so called infrastructure bill raising the debt ceiling and starts printing money.  If the federal government  start defaulting we are toast. The new nominee Biden wants appointed is Saule Omarova as Comptroller of the Currency. She wants no private banks and only government banks. She is also wants cyrptocurrency heavily regulated to have any ties to banks for pay out.  In the new infrastructure bill they want banks to notify the Federal government of all bank  transactions over $600. This economy is about to take a severe nose dive.

[Hypertrophy]

Hopefully we will experience the 2nd coming of Trump and the ultimate cRapture of the Democucks.  My brother in law worked decades for Whirlpool and that stuff lasted forever!

I'm with you on that bro!

[IRON CROSS]

More new cars than ever in Australia, dealerships a stocked to the max !.

You can buy Toyota,Volvo,Audi,Mercedes,BMW,..........on the spot !!!.

Bright yellow Merc ,WTF !.

Jeep Gladiator is more & more visible,...........................

[IRON CROSS]

Yes.  New furniture is taking several months.  They blamed the ship in the Suez but I'm sure that wasn't the issue.  Cars and parts are scarce.  Hopefully we don't end up like Cuba with wooden dashboards and duct tape!

don't U live in Newcastle/Australia ................

[IRON CROSS]

American BOING is opening a new plant for building drones/millitary aircrafts in Toowoomba, Australia !?.