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#191196 - 10/02/03 06:04 PM Cost of new cars sky rocking!
jvojr Offline
Member
Registered: 07/31/03
Posts: 583
Loc: Catskills, NY
Speeking of cars that are out of reach for the average buyer(just about everything that you would want), I think that the car companies are way out of control. Just about anything that anyone would want to own is now over(well over) $30k. Downpayments on these cars and SUV's are about the same as a downpayment for a house. Car loans are no longer 3,4,or 5 years, they are now 6,7, and 8 years. 30 years ago the cost of a Vette was about five or six thousand dollars. A fully loaded Caddy went for around 5 grand. It took 70 years for the price of a car to increase 6 grand and 30 years to go up another 40 thousand(in the case of the Vette and Caddy). That's less than 100 dollars per year versus over a thousand dollars per year. What is wrong here? If prices contiued to increase by 100 dollars per year, then you would be buying a $10,000.00 Vette or Caddy as opposed to $50,000.00. I think we the people are getting violently ripped off. Not to mention that nearly every American car is being made every but America and more and more foreign cars are being made in America. The prices of these foreign cars made here are becoming cheaper and the American cars made abroad(supossedly to cut costs) are getting more expensive. For example, the American made Honda Accord has a base price of $15,900.00. The Canadian made Impala has a base price of $21,240.00. Something to think about.
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Cost of new cars sky rocking! jvojr 10/02/03 06:04 PM
Re: Cost of new cars sky rocking! BryantGTP 10/02/03 07:10 PM