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Man. I feel like I lucked out in timing when I bought my last two cars. The MS3 on the heels of the great recession, heavily discounted from the dealership.
My F150, 2019 just before these massive price jumps on trucks in the last couple years.
My guess is the chips will start to catch up by mid summer. By end of year, the supply will hopefully catch up to the demand of everyone waiting to buy.
Computer graphic cards on the other hand, will likely be next year.
I thought ppl where saying basically there is no shortage cuz inventory is all in people's driveways already and there might be a over supply. And there's gonna be a cliff when supply comes in and everyone dumps their used cars.
I guess also when rates go up. I mean isn't Toyota at like 4.99% right now?
And yea I dumped most of my car collection too and at least broke even if not made money on the last 6 cars I sold since the pandemic. considering I've been losing money on cars all these years
I thought ppl where saying basically there is no shortage cuz inventory is all in people's driveways already and there might be a over supply. And there's gonna be a cliff when supply comes in and everyone dumps their used cars.
I guess also when rates go up. I mean isn't Toyota at like 4.99% right now?
And yea I dumped most of my car collection too and at least broke even if not made money on the last 6 cars I sold since the pandemic. considering I've been losing money on cars all these years
They can do higher rates when there's no supply and they sell cars no problem, I was told open road Toyota basically shut down because they had no new inventory.
I ended up selling 3 cars during the pandemic, made money on 2 and broke even on the other. I'll be waiting until supply returns to normal before buying again.
Man. I feel like I lucked out in timing when I bought my last two cars. The MS3 on the heels of the great recession, heavily discounted from the dealership.
My F150, 2019 just before these massive price jumps on trucks in the last couple years.
My uncle just paid 100k for a 2022 Lariat..
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Dank memes cant melt steel beams
Price is $18,000 and the seller states he won't take a penny less than asking. This seems like the norm from what I've gathered. What happened to negotiating. These owners are overvaluing the car like it's a collectible. I would be happy to buy one in the 9-12k range but $18k is absurd. Why can't owners be more realistic with pricing? 18K is S2K territory
Industry experts say the earliest is Q1 of 2023. Perhaps even longer. Production supply for chips takes time to catch up.
Problem is the manufacturers and dealers have had such a good run not having to give discounts, selling everything they make, and reaping in huge profits on just making more expensive vehicles, I'm not sure it would go back to where the world was a few years ago.
I'm more disappointed Acura604 hasn't purchased new wheels and asked us which set to go with.
well...here's the thing... back in the day...my acuras were all really sitting on 17s or 18s. and there's such a variety of those sizes...i went insane wanting the perfect wheel...
so insane..that...on the 2017 RDX ELITE... i was so grossed out by stock wheels i went to desperate measures with plastidip to make them look 'sharper'...
...look at these...wtf ... (stock)
so...with a bit of creativity and DIP..
but alas...here I am with a 2021 RDX A-Spec...this thing has massive 20" wheels that actually look great! not to mention my 18" winter wheels look fabulous also - soooo...i'm at a point where there's simply no reason to shop for a different look....call me 'content'.
So he paid for a fully loaded Limited and left with a Lariat lol, I'm going to hang onto my truck as long as I can.
That’s what I said, why did you not buy the limited. No availability apparently.
I mentioned this before but a family friend bought a pair of brand new top of the line snowmobiles from Ski-doo, they have a blank insert where the gauges are suppose to be because of the chip shortage..
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Dank memes cant melt steel beams
well...here's the thing... back in the day...my acuras were all really sitting on 17s or 18s. and there's such a variety of those sizes...i went insane wanting the perfect wheel...
so insane..that...on the 2017 RDX ELITE... i was so grossed out by stock wheels i went to desperate measures with plastidip to make them look 'sharper'...
...Edited
but alas...here I am with a 2021 RDX A-Spec...this thing has massive 20" wheels that actually look great! not to mention my 18" winter wheels look fabulous also - soooo...i'm at a point where there's simply no reason to shop for a different look....call me 'content'.
Thank goodness you've brought back some sanity to the forums.
Third or fourth quarter of 2023 is what most are saying at the dealership fleet department level. We are in the thick of it now so it'll be a slow trickle for another year and a bit with steady improvement as we move forward. All hearsay I suppose but that's what people are saying.
Another factor is manufacturers building lower trim levels so they can concentrate on volume. This might speak to Hondaracer's uncle. The more options it has, the more chips needed. I tried to order a new Escalade 3.0 diesel top trim and they said a 2 year wait minimum; but ordering a base model with the gas motor and it's a 6 month wait. Same with Ford trucks. I have a couple 2022 F150 Lightnings are order and they had to be XLT trims to qualify for fleet. The Lariat and Platinum trims are reserve for those blowing Ford Corp higher ups.
EvoFire is bang on too. Zero discounts, refusing to sell for cash and forcing people to finance, asking 20% over MSRP for 1 to 2 year old vehicles; it's all so crazy. It makes more sense to buy new at sticker price then to entertain a 2021 or 2020 pre-owned in this market. But then you have to wait months since there is no stock and everything sitting is for someone who has been waiting.
So this begs the big question; when is the ball going to drop? More gradual as supply increases perhaps? I'm wonder what the 2008 financial crisis will be this time around. Something is coming, but what? And when? A bit more of a broad topic than just the auto industry but worth a discussion in here I feel.
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considering I've been losing money on cars all these years
lol
