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Old 05-16-2021, 10:17 AM   #1
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Do you think new car prices will normalize in a year or so?
Every decent new car is at premium right now.
Some dealers will not even negotiate.
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Old 05-16-2021, 10:30 AM   #2
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After a lifetime of always buying a new car, we have now been buying CPO.
We drive our cars almost forever. The first Mercedes had 330,000 miles on it when we gave it to the National Kidney Foundation. There was nothing wrong with the car, but we purchased an SL500 at the time. That car now belongs to our son. Bought a CPO SL550 with sticker price of $114,000, 2 years old for $63,000. Beautiful car, great riding and really fast. My wife says to me "we really didn't need that gas" when I downshift. Getting 28 miles/gallon. The E350 along side it gets 600 miles/tank on the highway which means driving all day without stopping for fuel. Prices will respond to consumer demand in my mind.

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Old 05-16-2021, 02:23 PM   #3
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Quote:
Originally Posted by MotorHead View Post
Do you think new car prices will normalize in a year or so?
Every decent new car is at premium right now.
Some dealers will not even negotiate.
I've been looking for a truck but I refuse to pay new price for a 2 or 3 year old truck. New ones aren't available, just like everything else, supply chains are strained. It may take a year or so but things will get back to normal. If you can wait you will be rewarded, I know I can.
I was in a Jet Ski store the other day to register my 4 wheeler and the guy was telling people on the phone not to expect their new skis until sometime in June at the earliest. ATV's and boats are the same, nothing available anywhere.
If you've been thinking of selling now's the time!
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Old 05-16-2021, 03:12 PM   #4
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I've been looking for a truck but I refuse to pay new price for a 2 or 3 year old truck. New ones aren't available, just like everything else, supply chains are strained. It may take a year or so but things will get back to normal. If you can wait you will be rewarded, I know I can.
I was in a Jet Ski store the other day to register my 4 wheeler and the guy was telling people on the phone not to expect their new skis until sometime in June at the earliest. ATV's and boats are the same, nothing available anywhere.
If you've been thinking of selling now's the time!
I will wait, as long as prices come down a bit.
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Old 05-16-2021, 03:19 PM   #5
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I have a friend who just bought a gently used, (under 10K miles), Audi Q7 SUV this past week. He needed to buy a car, as his previous ride had been totaled by a drunk who hit him, (luckily no injuries), and he was a cash buyer with the insurance $. Even paying cash, the dealer wouldn't budge on price, and since he needed a car, he had to cough up the dough.

I also believe that there is a lot of pent up demand, from people basically having done nothing or bought nothing over the past year. There is a school of thought that with people being vaccinated and things opening up, the pent-up demand will have the economy taking off in the 2nd half of this year. Which translates into: if you want something, you're gonna have to pay up!
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Old 05-16-2021, 06:56 PM   #6
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I don't need a car but have been thinking about selling my Outback and getting an Ascent (late model used) as the extra space would be nice. I started casually looking in February, almost bought in April but the p[rice wasn't quite right. Since then, prices have climbed steadily upward and inventory has dropped. I am glad I don't need a car as prices are high and there is little reason to negotiate.
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Old 05-16-2021, 07:01 PM   #7
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Quote:
Originally Posted by Woody38 View Post
After a lifetime of always buying a new car, we have now been buying CPO.
We drive our cars almost forever. The first Mercedes had 330,000 miles on it when we gave it to the National Kidney Foundation. There was nothing wrong with the car, but we purchased an SL500 at the time. That car now belongs to our son. Bought a CPO SL550 with sticker price of $114,000, 2 years old for $63,000. Beautiful car, great riding and really fast. My wife says to me "we really didn't need that gas" when I downshift. Getting 28 miles/gallon. The E350 along side it gets 600 miles/tank on the highway which means driving all day without stopping for fuel. Prices will respond to consumer demand in my mind.

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Never driven one, but I LOVE the SL. A steal at $63K!
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Old 05-16-2021, 08:40 PM   #8
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Priced right possibly since I bought it straight from Mercedes sice they owned the dealership at the time.

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Old 05-16-2021, 09:05 PM   #9
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I bought my wife a new car this time last year. There was plenty of inventory then and we got a great deal on a left over 2019.

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Old 05-16-2021, 10:17 PM   #10
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I was in the Audi dealership for service and they had a RS6 Avant in the showroom, sticker $123k, plus a market adjustment of $25k...$150 station wagon!?!?! It looked great, but Id rather grab it for $65k in 2 years.


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Old 05-17-2021, 06:30 AM   #11
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I was in the Audi dealership for service and they had a RS6 Avant in the showroom, sticker $123k, plus a market adjustment of $25k...$150 station wagon!?!?! It looked great, but Id rather grab it for $65k in 2 years.


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"Market adjustments" are criminal.

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Old 05-17-2021, 07:11 AM   #12
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Default The Market

I'm always looking for a used wagon. Being an accountant I learn never to buy new. I buy low mileage used cars. They are out there, you just have to find them. You need patience and spend a little time searching each week.
The 2005 e350 wagon I bought in 2013 had only 60K on the clock, a steal at $1100. It took me 8 years to find the 2014 allroad from CA. with only 34K. Because of today's market, this is the most expensive car I ever bought at $19K.
I really hesitated to spend that kind of money, just how often you find a pristine low mileage vehicle?
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Old 05-17-2021, 08:07 AM   #13
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I was in the Audi dealership for service and they had a RS6 Avant in the showroom, sticker $123k, plus a market adjustment of $25k...$150 station wagon!?!?! It looked great, but I’d rather grab it for $65k in 2 years.

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market adjustment of $25k ?

I sincerely hope you told them to Go **** Yourself. I would have.
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Old 05-17-2021, 08:10 AM   #14
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I'm always looking for a used wagon. Being an accountant I learn never to buy new. I buy low mileage used cars. They are out there, you just have to find them. You need patient and spend a little time searching each week.
The 2005 e350 wagon I bought in 2003 had only 60K on the clock, a steal at $1100. It took me 11 years to find the 2014 allroad from CA. with only 34K. Because of today's market, this is the most expensive car I ever bought at $19K.
I really hesitated to spend that kind of money, just how often you find a pristine low mileage vehicle?
I have had very bad luck with used cars, never again.
One was a Buick LeSabre, New transmission, then a cracked engine block.
The other Datsun 310, one problem after another.

Never again. Have been very happy with Toyota and Honda. Now I am considering Kia. I would never buy a Chevy, Ford or Chrysler.
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Old 05-17-2021, 09:10 AM   #15
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Last time I owned an American car was in the early 80's. Had excessive issues with rust, dependability, and overall expenses to keep it running. With that said, that was the last time I owned an American car.

Since that time I have only owned Toyotas, Hondas or Subaru. Nothing but driving and oil changes. Thank goodness for competition. It's too bad it has to be from an overseas Company but many of these Japanese Companies now build their vehicles in the USA.

What are they doing right, or better yet, what was Ford, Chrysler and GM doing wrong to let all their business slip away? Why couldn't they get the quality issue nailed down tight 40 years ago?
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Old 05-17-2021, 10:18 AM   #16
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market adjustment of $25k ?

I sincerely hope you told them to Go **** Yourself. I would have.
I was just killing time. $100k car is not my idea of a good way to spend money.

The RS line from Audi are impressive vehicles and in high demand with those who have money to burn.


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Old 05-17-2021, 12:09 PM   #17
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Was watching Mecum auctions & a like 1970 lime green Dodge Challenger 426 hemi convertible w/an automatic trans went for $1,650,000. (1 of only 9 built). Now thats an expensive toy/ride!


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Old 05-17-2021, 03:04 PM   #18
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I don't need a car but have been thinking about selling my Outback and getting an Ascent
All will get a good deal on the Ascent as the reviews are less than upbeat.

"Why Subaru Ascent Just Made The 10 Least Reliable Cars List And What You Should Know"

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Old 05-18-2021, 07:37 AM   #19
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Been having extremely good luck with German cars in the recent decade.
Skip King in Gilford is highly knowledgeable on the market. German Motorsport next door is competent in German and Norwegian cars.

still have my 2005 wagon at 165K miles. So reliable the significant other won't part with it. Photo of my new ride.
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Old 05-18-2021, 08:40 AM   #20
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Been having extremely good luck with German cars in the recent decade.

Skip King in Gilford is highly knowledgeable on the market. German Motorsport next door is competent in German and Norwegian cars.

still have my 2005 wagon at 165K miles. So reliable the significant other won't part with it. Photo of my new ride.
My favorite car that I owned was my 2000 Passat. Would have kept it forever, but at 15 years and 238,000 miles, the clutch finally needed to be replaced, and there was rust in the frame. Would have bought an Atlas, but it was the first model year and the mileage was horrible. Went with a Highlander Hybrid instead. Love getting 28-32 mpg for a 3-row SUV.


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Old 05-18-2021, 08:58 AM   #21
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My favorite car that I owned was my 2000 Passat. Would have kept it forever, but at 15 years and 238,000 miles, the clutch finally needed to be replaced, and there was rust in the frame. Would have bought an Atlas, but it was the first model year and the mileage was horrible. Went with a Highlander Hybrid instead. Love getting 28-32 mpg for a 3-row SUV.
15 years for a VDUB is fantastic! Clutch is a regular maintenance item. Love a girl who can drive a stick!

The miss just got rid of her 2011 Highlander for the 2005 MB. It was a major headache from day 1. My experience is the lousy mechanics at the dealer. The Highlander needs new brake lines and major front-end work to pass inspection so we lost money selling to a wholesaler. Only 98K on the clock. No more Toyota for us!
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Old 05-18-2021, 10:24 AM   #22
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15 years for a VDUB is fantastic! Clutch is a regular maintenance item. Love a girl who can drive a stick!

The miss just got rid of her 2011 Highlander for the 2005 MB. It was a major headache from day 1. My experience is the lousy mechanics at the dealer. The Highlander needs new brake lines and major front-end work to pass inspection so we lost money selling to a wholesaler. Only 98K on the clock. No more Toyota for us!
I miss my stick, but not in Floriduh with all the traffic lights, which also drops my fuel mileage from 32 here to 28 there. I’ve had no issues with the Highlander, and the dealerships both here and in FL have been fine to work with. Both VW dealerships I dealt with for the Passat were horrible. They’d break something and expect me to pay for it.


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Old 05-18-2021, 01:21 PM   #23
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and there was rust in the frame.]
Mentioned multiple times here on this wonderful Winnipesaukee Forum.

Get the vehicle oil undercoated and there would be no rust on the frame.

Here are two places :

Carrara's in Vermont:
LINK
and in Concord/Chichester
LINK

Yet there are still some that state that cars do not rust anymore.
Your post is proof positive that yes - cars do rust today.
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Old 05-18-2021, 01:27 PM   #24
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Stick 6; pandemic relief

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Old 05-18-2021, 02:03 PM   #25
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Years ago when my daughter was learning to drive, I insisted that she master a manual transmission and she did. When time came for her senior high school prom, her date arrived in a borrowed sports car with a stick shift. How the owner of the sports car let the kid borrow the car was beyond me. We were hosting a pre-prom party and the date somehow managed to drive the car from his house to ours. However, he could not back the car up without stalling it; in fact he had a very hard time finding reverse gear. So my daughter switched places with him in front of the assembled group of prom attendees, put the car in reverse and drove off flawlessly. It was priceless.
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Old 05-18-2021, 02:13 PM   #26
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Quote:
Originally Posted by TheProfessor View Post
Mentioned multiple times here on this wonderful Winnipesaukee Forum.

Get the vehicle oil undercoated and there would be no rust on the frame.

Here are two places :

Carrara's in Vermont:
LINK
and in Concord/Chichester
LINK

Yet there are still some that state that cars do not rust anymore.
Your post is proof positive that yes - cars do rust today.
Well, it was 15 years old, and traveled 238k miles, all in snowy/salty New England, so I think I got my money's worth without the treatment.

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Old 05-18-2021, 03:12 PM   #27
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No one wanted my 99 F250 7.3 with a 6 speed when I bought it with 6K miles 2 years old in 2001. Now I get offers monthly!

I sold my Ram 1500 ecodiesel in SC last year when down there working. After looking at the prices and availability of new, I picked a 2011 E350 4Matic up from WeirsBeachBoater (Denis) last fall and will drive the wheels off it. Amazing in the snow, especially with 4 Blizzaks!
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Old 05-19-2021, 08:37 PM   #28
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No one wanted my 99 F250 7.3 with a 6 speed when I bought it with 6K miles 2 years old in 2001. Now I get offers monthly!

I sold my Ram 1500 ecodiesel in SC last year when down there working. After looking at the prices and availability of new, I picked a 2011 E350 4Matic up from WeirsBeachBoater (Denis) last fall and will drive the wheels off it. Amazing in the snow, especially with 4 Blizzaks!
Thanks for the business, Happy to assist any forum members. Also I have decided to sell my own 11 E350 Sport if someone wants to be like VitaBene!
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Old 05-21-2021, 10:49 AM   #29
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Quote:
Originally Posted by TheProfessor View Post
Mentioned multiple times here on this wonderful Winnipesaukee Forum.

Get the vehicle oil undercoated and there would be no rust on the frame.

Here are two places :

Carrara's in Vermont:
LINK
and in Concord/Chichester
LINK

Yet there are still some that state that cars do not rust anymore.
Your post is proof positive that yes - cars do rust today.
Must have been luck! My 2005 MB wagon at 165K has no rust! Mechanics are amazed!
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Old 08-06-2021, 06:44 PM   #30
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The good news is that the car I bought used in 2019 is still worth exactly what I paid for it even with 20,000 more miles on it. The bad news is that the car I really want---a Kia Soul---has gone up proportionately in price and there are very few good ones for sale. Same as the real estate market.
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