Banjo Hangout Logo
Banjo Hangout Logo

Premier Sponsors

857
Banjo Lovers Online


Page: 1  2   Last Page (2) 

Nov 19, 2021 - 6:35:44 AM
75309 posts since 5/9/2007

I wasn't able to get a sticker this time on the old Ram.Runs fine,but frame is beyond all help.
paid 1000 for this '99 4wd Ram 10 years ago and got a parts truck in the deal.I'm now going to sell both trucks to the scrapper for 500/each and get all my purchase money back.

I may get another truck if the bank will re-finance my mortgage.

Nov 19, 2021 - 7:20:55 AM

4096 posts since 4/22/2018

in addition to the family car, I have an old 2008 Ford Ranger. It has just been through its annual MOT and all it cost me was a side light bulb. It's a real shame when they get to the point where they are still good vehicles but it isn't worth the repair costs.

Edited by - Wet Spaniel on 11/19/2021 07:21:33

Nov 19, 2021 - 1:03:20 PM

75309 posts since 5/9/2007

I'm tempted to buy in the 12-16k range this time.Something that'll go 2-3 years with no major issues.

Nov 19, 2021 - 11:04:39 PM
like this

dat

USA

31735 posts since 7/26/2006

Just think of all that money you wasted on a battery

Nov 20, 2021 - 12:59:11 PM

597 posts since 3/9/2013

The way used car prices have shot up is absolutely crazy. I’ll be running my 08 Ram until things return to normalish. I hope it does at least.

Nov 21, 2021 - 6:41:21 AM

58607 posts since 12/14/2005

Some guy was selling his VERY nice GMC van for only $3,700, because he moved into a community where the HOA wouldn't allow that big a van to be parked in THEIR community.

Someone else bought it before I could make up my mind that I really NEED a van to haul my banjos & booth gear to the Art & Crapft fairs next summer.

Nov 21, 2021 - 7:39:52 AM

75309 posts since 5/9/2007

quote:
Originally posted by dat

Just think of all that money you wasted on a battery


The battery doesn't go with the truck and neither do the freshly tagged plates.

I've got to rearrange them so as not to waste the time of the trucker this afternoon..Good that one runs.I'll use the tractor on the parts truck.Get a nice angle off the driveway.He's going to winch them onto his rig.

Edited by - steve davis on 11/21/2021 07:43:24

Nov 21, 2021 - 7:47:23 AM

75309 posts since 5/9/2007

quote:
Originally posted by mike gregory

Some guy was selling his VERY nice GMC van for only $3,700, because he moved into a community where the HOA wouldn't allow that big a van to be parked in THEIR community.

Someone else bought it before I could make up my mind that I really NEED a van to haul my banjos & booth gear to the Art & Crapft fairs next summer.


A van would be perfect for you,Mike.Little sink and stove underneath a hardwood workbench and a bed on top.

Nov 21, 2021 - 7:48:34 AM

75309 posts since 5/9/2007

Friends of mine got great car and van deals in Florida.

Nov 22, 2021 - 5:57:47 AM

75309 posts since 5/9/2007

Got $500 for the trucks that I purchased for 1k 10 years ago.
He would have paid 500 each if they were a bit newer.His biggest get were the 2 catalytic converters.

Nov 22, 2021 - 5:59:12 AM
likes this

7361 posts since 9/5/2006

went 2 weeks ago to get the oil changed in sweetys CX5,, a salesman came over to me while i was waiting and ask  was i interested in trading?,,,i says, well not really... he says and i will give you a 125% value for you used CX5 on a trade... i said thats great,,but if i do won't i be in worse shape after i go to buy another car from you ?

Edited by - 1935tb-11 on 11/22/2021 06:00:42

Nov 22, 2021 - 7:02:36 AM

1483 posts since 9/6/2019
Online Now

quote:
Originally posted by 1935tb-11

went 2 weeks ago to get the oil changed in sweetys CX5,, a salesman came over to me while i was waiting and ask  was i interested in trading?,,,i says, well not really... he says and i will give you a 125% value for you used CX5 on a trade... i said thats great,,but if i do won't i be in worse shape after i go to buy another car from you ?


That's what a lot of people seem to be overlooking right now, both in the car and housing markets. Sure, what you already have is worth a blue fortune, but to replace it you have to buy in the same market. The only way to come out ahead is if you have a spare house or car to sell and make a profit, and then wait until things cool down to buy the replacement.

Nov 22, 2021 - 7:14:47 PM

75309 posts since 5/9/2007

Another way to get ahead is to pay 1k for a truck,use it for 10 years and then sell it for 500.

Nov 23, 2021 - 4:58:33 AM
like this

1175 posts since 11/17/2005
Online Now

quote:
Originally posted by Banjonewguy
quote:
Originally posted by 1935tb-11

went 2 weeks ago to get the oil changed in sweetys CX5,, a salesman came over to me while i was waiting and ask  was i interested in trading?,,,i says, well not really... he says and i will give you a 125% value for you used CX5 on a trade... i said thats great,,but if i do won't i be in worse shape after i go to buy another car from you ?


That's what a lot of people seem to be overlooking right now, both in the car and housing markets. Sure, what you already have is worth a blue fortune, but to replace it you have to buy in the same market. The only way to come out ahead is if you have a spare house or car to sell and make a profit, and then wait until things cool down to buy the replacement.


Cars are worth more dollars because the value of our dollars have dropped. 

I heard a woman bragging on MSNBC the people's houses were worth more than ever. Why does that matter to working people? They need their house to live in!

She didn't mention that decent housing is quickly becoming unaffordable for the working class.

Inflation is out of control. 

Edited by - jason999 on 11/23/2021 04:59:59

Nov 23, 2021 - 5:20:50 AM
likes this

1483 posts since 9/6/2019
Online Now

quote:
Originally posted by jason999
quote:
Originally posted by Banjonewguy
quote:
Originally posted by 1935tb-11

went 2 weeks ago to get the oil changed in sweetys CX5,, a salesman came over to me while i was waiting and ask  was i interested in trading?,,,i says, well not really... he says and i will give you a 125% value for you used CX5 on a trade... i said thats great,,but if i do won't i be in worse shape after i go to buy another car from you ?


That's what a lot of people seem to be overlooking right now, both in the car and housing markets. Sure, what you already have is worth a blue fortune, but to replace it you have to buy in the same market. The only way to come out ahead is if you have a spare house or car to sell and make a profit, and then wait until things cool down to buy the replacement.


Cars are worth more dollars because the value of our dollars have dropped. 

I heard a woman bragging on MSNBC the people's houses were worth more than ever. Why does that matter to working people? They need their house to live in!

She didn't mention that decent housing is quickly becoming unaffordable for the working class.

Inflation is out of control. 


Used cars are valuing high because there is a massive shortage of new cars because of the microchip shortage. When I was buying my Jeep a guy came in looking for a new Subaru Crosstrek. The dealership had three used ones on the lot and they were all $2000 more than a brand new one. When the guy pointed that price difference out the dealer told him good luck finding one. They looked on-line and there was only one new Crosstrek available within 200 miles and the shipping to get it to the buyer would have cost almost the price difference. They said they could order him a new one but had no idea when he might get it.

The manufacturers are starting to get a bit of relief from the chip shortage but they are having to send out cars without all of the features. It's going to be a while yet before the car market settles down.

Nov 23, 2021 - 5:42:55 AM
Players Union Member

DC5

USA

21951 posts since 6/30/2015
Online Now

quote:
Originally posted by mike gregory

Some guy was selling his VERY nice GMC van for only $3,700, because he moved into a community where the HOA wouldn't allow that big a van to be parked in THEIR community.

Someone else bought it before I could make up my mind that I really NEED a van to haul my banjos & booth gear to the Art & Crapft fairs next summer.


A community up in Massachusetts had a HOA ban on pickup trucks parked outside.  If you had a closed garage it was OK, but no parking in your driveway or the street.  With the typical short sightedness of HOA's, a few months after the ban went into effect, no one could get contractors to work on their houses.  Funny how many carpenters, painters, plumbers and electricians as well as landscapers all use pickup trucks. 

My towns P&Z is getting almost as unreasonable as most of these HOA communities, but we're nearly 100 sq miles of town.  In less than 1 month before the election 4 write in candidates ran for positions on the P&Z and 2 were elected, and the other two are contesting the counts, because they received more votes, but somehow aren't being seated.  The villager's are all bringing pitchforks and torches to the P&Z meetings.

Nov 23, 2021 - 5:45:31 AM
likes this
Players Union Member

DC5

USA

21951 posts since 6/30/2015
Online Now

quote:
Originally posted by steve davis

Friends of mine got great car and van deals in Florida.


If you need someone to drive one up for you I might be able to help out.  If I leave now I could be back by mid spring. cheeky

Nov 23, 2021 - 5:49:01 AM
likes this
Players Union Member

DC5

USA

21951 posts since 6/30/2015
Online Now

quote:
Originally posted by Banjonewguy

The manufacturers are starting to get a bit of relief from the chip shortage but they are having to send out cars without all of the features. It's going to be a while yet before the car market settles down.


That's exactly what I'm looking for.

Nov 23, 2021 - 6:06:14 AM

12835 posts since 1/15/2005

quote:
Originally posted by Banjonewguy
quote:
Originally posted by jason999
quote:
Originally posted by Banjonewguy
quote:
Originally posted by 1935tb-11

went 2 weeks ago to get the oil changed in sweetys CX5,, a salesman came over to me while i was waiting and ask  was i interested in trading?,,,i says, well not really... he says and i will give you a 125% value for you used CX5 on a trade... i said thats great,,but if i do won't i be in worse shape after i go to buy another car from you ?


That's what a lot of people seem to be overlooking right now, both in the car and housing markets. Sure, what you already have is worth a blue fortune, but to replace it you have to buy in the same market. The only way to come out ahead is if you have a spare house or car to sell and make a profit, and then wait until things cool down to buy the replacement.


Cars are worth more dollars because the value of our dollars have dropped. 

I heard a woman bragging on MSNBC the people's houses were worth more than ever. Why does that matter to working people? They need their house to live in!

She didn't mention that decent housing is quickly becoming unaffordable for the working class.

Inflation is out of control. 


Used cars are valuing high because there is a massive shortage of new cars because of the microchip shortage. When I was buying my Jeep a guy came in looking for a new Subaru Crosstrek. The dealership had three used ones on the lot and they were all $2000 more than a brand new one. When the guy pointed that price difference out the dealer told him good luck finding one. They looked on-line and there was only one new Crosstrek available within 200 miles and the shipping to get it to the buyer would have cost almost the price difference. They said they could order him a new one but had no idea when he might get it.

The manufacturers are starting to get a bit of relief from the chip shortage but they are having to send out cars without all of the features. It's going to be a while yet before the car market settles down.


A couple of weeks ago I stopped by the Mercedes dealership here in town where one of my friends is a salesman.  He said the previous week that he had one new car on the lot that he could sell.  The day I was there he said he had just gotten in ten new ones so he could sell eleven.  He said their dealership had a hundred something new cars waiting on the docks in Germany to be shipped.  Many of the car dealers here have literally empty lots!

Nov 23, 2021 - 6:17:15 AM
likes this

1175 posts since 11/17/2005
Online Now

quote:
Originally posted by Banjonewguy
quote:
Originally posted by jason999
quote:
Originally posted by Banjonewguy
quote:
Originally posted by 1935tb-11

went 2 weeks ago to get the oil changed in sweetys CX5,, a salesman came over to me while i was waiting and ask  was i interested in trading?,,,i says, well not really... he says and i will give you a 125% value for you used CX5 on a trade... i said thats great,,but if i do won't i be in worse shape after i go to buy another car from you ?


That's what a lot of people seem to be overlooking right now, both in the car and housing markets. Sure, what you already have is worth a blue fortune, but to replace it you have to buy in the same market. The only way to come out ahead is if you have a spare house or car to sell and make a profit, and then wait until things cool down to buy the replacement.


Cars are worth more dollars because the value of our dollars have dropped. 

I heard a woman bragging on MSNBC the people's houses were worth more than ever. Why does that matter to working people? They need their house to live in!

She didn't mention that decent housing is quickly becoming unaffordable for the working class.

Inflation is out of control. 


Used cars are valuing high because there is a massive shortage of new cars because of the microchip shortage. When I was buying my Jeep a guy came in looking for a new Subaru Crosstrek. The dealership had three used ones on the lot and they were all $2000 more than a brand new one. When the guy pointed that price difference out the dealer told him good luck finding one. They looked on-line and there was only one new Crosstrek available within 200 miles and the shipping to get it to the buyer would have cost almost the price difference. They said they could order him a new one but had no idea when he might get it.

The manufacturers are starting to get a bit of relief from the chip shortage but they are having to send out cars without all of the features. It's going to be a while yet before the car market settles down.


Well, if that's truly the main reason, then why is food more expensive? Why is housing more expensive? Why is gas more expensive? Why are Social Security recipients getting a 5.9% raise? Vacation rentals are more expensive. Consumer products are more expensive. 

It's not just the car market. Everything is valuing higher. Is that a coincidence? 

I have friends that own a restaurant in a vacation town. They can't get enough people to work and they are serving more people than ever. Over 1,000 per day! They have raised prices. 

This creates more demand and competition. 

When money is given out freely,  it is obvious that it will lose value and it has.  

If you had $100,000 in the bank, in 2020, it will buy less now. 

They have recently announced the intentions to loan more housing money,  more freely to "ease" housing concerns. 

This is the same thing that drove the housing bubble and crash last time. 

It's all just on a much grander scale now. 

You are right,  supply is down,  but don't disregard the fact that demand is way up, because of (poorly) engineered economic stimulation.

Nov 23, 2021 - 6:32:35 AM

Owen

Canada

10048 posts since 6/5/2011
Online Now

I'm not the most astute bugger in town, but I too occasionally wonder about the much balleyhooed chip shortage.  Are the Mercedes/Mercedeses/Mercedii/??  sitting on the dock in Germany waiting for chips or transport?    And multiply that dealer's situation by dealers similarly affected.... 

Nov 23, 2021 - 6:40:16 AM

7361 posts since 9/5/2006

all the fancy car dealerships around here have nearly empty lots,,,a dozen new ones and quite a few used,,but mostly the lots are 5 times too big right now.

Nov 23, 2021 - 6:47:32 AM

1483 posts since 9/6/2019
Online Now

quote:
Originally posted by BanjoLink
quote:
Originally posted by Banjonewguy
quote:
Originally posted by jason999
quote:
Originally posted by Banjonewguy
quote:
Originally posted by 1935tb-11

went 2 weeks ago to get the oil changed in sweetys CX5,, a salesman came over to me while i was waiting and ask  was i interested in trading?,,,i says, well not really... he says and i will give you a 125% value for you used CX5 on a trade... i said thats great,,but if i do won't i be in worse shape after i go to buy another car from you ?


That's what a lot of people seem to be overlooking right now, both in the car and housing markets. Sure, what you already have is worth a blue fortune, but to replace it you have to buy in the same market. The only way to come out ahead is if you have a spare house or car to sell and make a profit, and then wait until things cool down to buy the replacement.


Cars are worth more dollars because the value of our dollars have dropped. 

I heard a woman bragging on MSNBC the people's houses were worth more than ever. Why does that matter to working people? They need their house to live in!

She didn't mention that decent housing is quickly becoming unaffordable for the working class.

Inflation is out of control. 


Used cars are valuing high because there is a massive shortage of new cars because of the microchip shortage. When I was buying my Jeep a guy came in looking for a new Subaru Crosstrek. The dealership had three used ones on the lot and they were all $2000 more than a brand new one. When the guy pointed that price difference out the dealer told him good luck finding one. They looked on-line and there was only one new Crosstrek available within 200 miles and the shipping to get it to the buyer would have cost almost the price difference. They said they could order him a new one but had no idea when he might get it.

The manufacturers are starting to get a bit of relief from the chip shortage but they are having to send out cars without all of the features. It's going to be a while yet before the car market settles down.


A couple of weeks ago I stopped by the Mercedes dealership here in town where one of my friends is a salesman.  He said the previous week that he had one new car on the lot that he could sell.  The day I was there he said he had just gotten in ten new ones so he could sell eleven.  He said their dealership had a hundred something new cars waiting on the docks in Germany to be shipped.  Many of the car dealers here have literally empty lots!


That's the way they're getting here. Even their used car stock is dropping because prices at the auctions are keeping many of the smaller dealerships away. I have a friend who owns a small local lot and he hasn't had more than 3 or 4 cars on it for over a year. Mot of his business has been from people telling him what they want and him finding it.

Nov 23, 2021 - 6:49:11 AM

697 posts since 8/14/2018

quote:
Originally posted by Wet Spaniel

in addition to the family car, I have an old 2008 Ford Ranger. It has just been through its annual MOT and all it cost me was a side light bulb. It's a real shame when they get to the point where they are still good vehicles but it isn't worth the repair costs.


I have a '99 Honda CRV that I continue to maintain, even though the car itself isn't really worth much. I don't look at it as the repair being worth more than the car, but as much less than replacement. We have a budget of about $100/month for the car, and that's just a lot cheaper than any newer car we could replace it with (though consider how much we drive (a 22-yr-old car with 67K miles on it), if the car died, we probably wouldn't actually replace it).

Edited by - MacCruiskeen on 11/23/2021 06:50:05

Nov 23, 2021 - 6:53:41 AM

1483 posts since 9/6/2019
Online Now

quote:
Originally posted by jason999
quote:
Originally posted by Banjonewguy
quote:
Originally posted by jason999
quote:
Originally posted by Banjonewguy
quote:
Originally posted by 1935tb-11

went 2 weeks ago to get the oil changed in sweetys CX5,, a salesman came over to me while i was waiting and ask  was i interested in trading?,,,i says, well not really... he says and i will give you a 125% value for you used CX5 on a trade... i said thats great,,but if i do won't i be in worse shape after i go to buy another car from you ?


That's what a lot of people seem to be overlooking right now, both in the car and housing markets. Sure, what you already have is worth a blue fortune, but to replace it you have to buy in the same market. The only way to come out ahead is if you have a spare house or car to sell and make a profit, and then wait until things cool down to buy the replacement.


Cars are worth more dollars because the value of our dollars have dropped. 

I heard a woman bragging on MSNBC the people's houses were worth more than ever. Why does that matter to working people? They need their house to live in!

She didn't mention that decent housing is quickly becoming unaffordable for the working class.

Inflation is out of control. 


Used cars are valuing high because there is a massive shortage of new cars because of the microchip shortage. When I was buying my Jeep a guy came in looking for a new Subaru Crosstrek. The dealership had three used ones on the lot and they were all $2000 more than a brand new one. When the guy pointed that price difference out the dealer told him good luck finding one. They looked on-line and there was only one new Crosstrek available within 200 miles and the shipping to get it to the buyer would have cost almost the price difference. They said they could order him a new one but had no idea when he might get it.

The manufacturers are starting to get a bit of relief from the chip shortage but they are having to send out cars without all of the features. It's going to be a while yet before the car market settles down.


Well, if that's truly the main reason, then why is food more expensive? Why is housing more expensive? Why is gas more expensive? Why are Social Security recipients getting a 5.9% raise? Vacation rentals are more expensive. Consumer products are more expensive. 

It's not just the car market. Everything is valuing higher. Is that a coincidence? 

I have friends that own a restaurant in a vacation town. They can't get enough people to work and they are serving more people than ever. Over 1,000 per day! They have raised prices. 

This creates more demand and competition. 

When money is given out freely,  it is obvious that it will lose value and it has.  

If you had $100,000 in the bank, in 2020, it will buy less now. 

They have recently announced the intentions to loan more housing money,  more freely to "ease" housing concerns. 

This is the same thing that drove the housing bubble and crash last time. 

It's all just on a much grander scale now. 

You are right,  supply is down,  but don't disregard the fact that demand is way up, because of (poorly) engineered economic stimulation.


I'm not saying that inflation isn't happening, but in the case of the car market there is a very specific reason it has ballooned up so much. The supply of microchip controllers. Manufacturers had tens of thousands of cars waiting in assembly lots for the chips. I just read the other day that GM was sending cars out without heated seats and such because while they got many of the chips, they didn't get the ones to control those features. Also, the cars they are sending out are 2021 models and we are already well into the 2022 model year. Once these cars start rolling out in significant numbers, the used car market will most likely tank because they are going to have to offer new cars at seriously reduced prices to get rid of their overflow of one model year old "brand new" cars. That's what my friend who owns a lot said anyway.

Nov 23, 2021 - 6:57:57 AM

Owen

Canada

10048 posts since 6/5/2011
Online Now

....Mac,  at the rate ^^ you're piling up the miles that CRV shouldn't die until about 2080.  wink   

I had a neighbour who figured the consumer really started to see the $$ benefit after the vehicle was about 20 years old.

Edited by - Owen on 11/23/2021 06:59:18

Page: 1  2   Last Page (2) 

Hangout Network Help

View All Topics  |  View Categories

0.3125