What did you pay for your FL5?

[ssheff55]

https://www.kbb.com/car-news/average-new-car-monthly-payment-hits-record-762/

Average new car payment is now 762dollars.... Wow. Definitely not sustainable.

Yeah this is far from new, and the FL5 is far from the problem. I’m constantly amazed at how many $60-$80k trucks and SUV’s I see on the daily.

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[Boostlag]

I guess cause average household income is 70k i'm shocked.

 

[CyberCTR]

I mean there have always been people buying 60k plus cars that can't afford to a own home. That isn't new. But, when you think of how inflation has taken a toll on the auto market it starts to make more sense why cars are getting so expensive. The real shock is that real wages haven't caught up with the rise in total inflation.

 

[UFO CTR]

I mean there have always been people buying 60k plus cars that can't afford to a own home. That isn't new. But, when you think of how inflation has taken a toll on the auto market it starts to make more sense why cars are getting so expensive. The real shock is that real wages haven't caught up with the rise in total inflation.

sorry for small side track:
but, if real wages does catch up, inflation won't die...cause everybody (or more people) can afford stuff again...and once that happens, people may start to hoard, and once hoarding begins again, shelves will go empty again.

so maybe double edge...YIKES!!! We're into the abyss now

times like this, we should watch more Family guy

edit: or seek advice from Homer Simpson

 

[CyberCTR]

sorry for small side track:
but, if real wages does catch up, inflation won't die...cause everybody (or more people) can afford stuff again...and once that happens, people may start to hoard, and once hoarding begins again, shelves will go empty again.

so maybe double edge...YIKES!!! We're into the abyss now

times like this, we should watch more Family guy

edit: or seek advice from Homer Simpson

Yeah the fed will just keep trying to print their way out and we’ll end up like 1920’s Germany.

 

[OldPirate]

My wife just retire from Chase and she would get so many calls from new auto/truck owners that can't make their first payments....the average she saw were in the 600's per month.

 

[Truu]

2023 Sonic Gray NYC Purchased.
44K + 10K Markup.
54k + Taxes and fees / Rim and tire 5 year warranty/$0 deductable.
$61,198.
Complementary
Key replacement (2 years)
Ding and paint (2 years)
Wheel locks
Maintenance (2 years)

 

[RickyJeezus]

There's a lot of idiots in the military there, but I would also take that with a grain of salt. I would say that too if I wanted to sell them in the future for 20k.

I know a military guy who paid 10k over for an SI....yes just an SI....

 

[CyberCTR]

I know a military guy who paid 10k over for an SI....yes just an SI....

Yeah I was stationed in that area at one point and know a lot of guys who took out dumb loans on cars they couldn’t afford.

 

[CivicR38]

https://www.kbb.com/car-news/average-new-car-monthly-payment-hits-record-762/

Average new car payment is now 762dollars.... Wow. Definitely not sustainable.

I can believe it. Every other vehicle I see on the road is a new truck or new SUV and those are going for 55-70k.

 

[Boostlag]

2023 Sonic Gray NYC Purchased.
44K + 10K Markup.
54k + Taxes and fees / Rim and tire 5 year warranty/$0 deductable.
$61,198.
Complementary
Key replacement (2 years)
Ding and paint (2 years)
Wheel locks
Maintenance (2 years)

that salesman got a nice xmas bonus.

 

[savagegeese]

Insurance cost FYI: State Farm

 

[UFO CTR]

Insurance cost FYI: State Farm

mine is with LimuEmu (Liberty Mutual ) and it's about the same.
I think the R comes out to $120 / month, with reported used of 7,500 miles per year.
to me, this ain't bad, consider my San Francisco Zip Code...
not sure why Zip Code comes into play for auto insurance, but it does and it sucks!

 

[Boostlag]

Wow that’s expensive. My m3 was less than a grand a year.

 

[savagegeese]

Sadly Civics carry one of the higher insurance costs because they are super cars. Well actually they have high levels of ownership by those damn kids!

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