How am I supposed to get a decent car in today's market?Will it ever get better?
Just finance it all if you have reliable income. There's not much to lose in this clown world.The fed could hyperinflate and make your loan pennies, or the market gets even worse and flushes away all the negative equity.If the money deflates, it's basically already the collapse of society.It's not going to get better, that's a fact.
>>25044228I'm trying to get used not a new car
>>25044595Look at different segments of vehicles, you can get a nice Town Car for $5k, parts will be cheap and the times will be good. You can certainly find something in a segment that you won’t mind driving that doesn’t have the premium cost
>>25044595Craigslist, Facebook, and Offerup still have running/driving cars for less than $1k. You can also buy cheap cars from pick n pull.
Imagine being sad over not being able to afford a decent car. If you only chase decent car you'll never be rich.
>>25044193Embrace the shitbox life, it’s only way to survive as a poorfag in this used car market. Pick up a wrench and learn a few things about fixing cars.
Go out and get a better job poorfag. It's really not that hard.
I envy you Americans so much. Where I live a V6 Mustang from the 90s costs 25.000 dollars and one from the 2000s costs like 30.000.
>>25044193Stop being autistic. I bought a 24 year old car that didnt start and didnt have any breaks for $400 about 3 months ago. I put in a total of $300-400 in parts and did everything myself. I paid a total of ~$800(including euro inspection) for a perfectly working car. Learn how to hold a wrench and you too can have super cheap cars even right now.
>>25044625Why does a 20 year old car cost as much as a new one?
>>25044692in Europe, a new Stang is upwards of 3 digits. Somehow, people are still buying them. Don't ask me why.
>>25044702If you’re willing to put up with a 4 cylinder (I’m not) then picrel can be yours brand new.
>>25044692They consider Mustangs to be super exotic cars for mega rich people even if they are old as fuck. The current Mustang costs around 100.000 in Argentina. Bronco Sport costs over 50.000 as far as I know.
>>25044708Where I live you can only get the GT or Mach 1 new.
>>25044228Yeah with hyperinflation, it's not a bad idea. Finance a 30k car now, that 30k will be worth like 15k at the end of the loan
>>25044719Same here in Argentina. I guess they are the only ones they sell outside the US?
>>25044708>>25044764Ecoboost starts at high 60s, Mach 1 starts over 100, and a GT is around 90 if memory serves
>>25044193poor people will never have nice things ever again. try to get your credit score high enough to take out a ton of loans and use it all to buy crypto. give that crypto to one of your family members and then declare bankruptcy. you wont be able to rent a house or anything for a good 10 years, but your family member or whoever ends up with the money can invest it and possibly get you into the upper class. aside from that, you have no chance of ever having nice things working a regular 9-5 and being smart with saving.
>>25044794>ever againNOOOOOO dont say that! Things need to go back to normal some day, in terms of economics (idc about the quarantine, I like working at home).
>>25044797Things are never going back to "normal." Check out lectures by Peter Zeihan and other geopolitical experts. Globalization isnt completely disappearing but the world is de-globalizing largely from what we know it to be today. Also collapsing populations in most parts of the world, especially developed nations, is sending us into unknown territory with economics. Capitalism, communism, socialism, etc. they are all growth based models. The ability for those to function will disappear in the next 30 years and it will be interesting to see what happens.
>>25044810>it will be interesting to see what happens"Interesting"? You mean terrifying, friend.
Come pick up my rolling WRX shell with no interior, no driveline, no ECU, no heads, blown motor, and no title
>>25044810Got a good starter one for me? Or just pick anything?
Realistically what kind of car can I look for on a 40k/year income?
>>25044823People really don't want to face the horrors that deep down they know are possible.Anyway, If it weren't for the phone home bullshit, electric cars will be easier to keep going in a mad-max scenario, gas will get harder to keep around, much less make, but squat in any random house with solar panels and there you go, fuel for your nissan leaf or whatever.
>>25045043idk a fully loaded 2022 brzit really depends on how much you actually get, after bills n expenses are accounted, and how much you want to save. i make about the same but have cheap bills and am not a big spender so im gonna get a second weekend car for under 2k without it really affecting me financially
>>25045077How many friends do you have that have solar panels that make enough power to actually charge a car? Also do you trust them enough in a mad max scenario that you would go there to charge without being worried that youre just delivering them free transportation for themselves?Also also biodiesel is a thing.
>>25044193It probably won't.If you have the gumption, pick around farmers for their clapped out farm trucks. I got a 70's beast for free (plus ~1500 in wrenching) just by asking. Yeah, you're gonna end up with a 70's-90's shitbox, but it'll move when you tell it to.
>>25044794Dude, I know we’re heading to the dark times, but I don’t think it’s going to be that crazy. How much of a price increase do you expect for the shit to blow up?t. third worlder who hasn’t even noticed 2008 crisis until being told about that recently
>>25045195>t. third worlder who hasn’t even noticed 2008 crisis until being told about that recentlykek I know what you mean
>>25045195It's not so much about prices going up as it's about the middle class getting liquidated. Be careful when interest rates double
>>25044944He is doing one at the end of the month which should be updated. The older ones are interesting because of how much he predicted which actually came true. Mexico signing NAFTA, which then forced Canada to capitulate, which then led to Japan caving to all American demands in trade talks. HR McMasters resignation, I couldl go one.But here is a more recent onehttps://www.youtube.com/watch?v=x_fpY63fcd8
>>25045771I love how he starts out with the Brettonwoods System. The world seems to have forgot the global order was a\ security pact to help us fight the cold war we saw coming against the soviets, not to make the world a better place.
>>25044193Lease something and use that to build credit. You can piss $7k away on a lease or you can pay $7k+ in dealer markups. The choice is yours.
>>25045785I don't like either of those choices anon
>>25044193No its never going to get better because of the vax idiots locking the world down over coooooof and destroying the economy, thus inflation.You have to save up more.Also there is a micro chip shortage effecting the production of brand new cars that has increased the price of used cars.
>>25044193Why do you want a car? They're expensive. Unless the numbers check out for the car opening up enough financial opportunities to offset the cost of proper maintenance and prompt resolution of emergencies you should put off buying a car for as long as you can.
I feel like shit too. I needed a beater so I got a A/T Volvo for $2k. Within a year most of the electronics failed, and then I see a clean/running M/T Golf for $1,5. I'm seriously thinking about it but someone probably already sniped me, deals that good don't last long.
>>25044723yeah, but would your wages keep up with inflation? if not, wouldn't you be chipping away at the loan at the same rate?
>>25048574Will it keep up? No chance.Will it be somewhere between stagnation and keeping up? Almost certainly.Even if you wage only increases at half the rate of inflation, you're still paying a loan that was specified in 2022 dollars in 2026 dollars or whatever. If the fiscal system collapses, you have a usable object instead of useless money. Even if your wage doesn't change, if everything else goes up, you will still end up having a car bought in 2022 dollars who you can no longer afford in 2026 dollars.
>>25048594Nice, thanks for the info. and here I was thinking of just paying cash for something new. are you in the rent, finance or own your house camp?
>>25044717Nope.We think they are pos and over priced because of import taxes/shipping costs and that's with a 5.0 Mustang GT costing 50k.
>>25045195i was mostly speaking for Americans because the US will never see a post WWII economic boom again since we can't get away with starting any wars with real countries nowadays
>>25049476Populations are shrinking, the world doesnt have people to consume and push growth anymore. The world just has a bunch of geriatrics throwing money into retirement funds or who didn't save anything and are living off the government.
>>25049665That’s why most western nations are just wholesale importing millions of young third worlders. Bolster the tax base to keep the financial ponzi scheme from collapsing
>>25049669It is also why China is royally FUCKED. They were trying to transition to a domestic consumption based model, like America, but realized they couldn't with the collapsing population demographic. They are bolted to this export led economy they have been using but the problem is they cant really rely on that long term because soon there will be no one to export to either. Yes France, New Zealand, and the USA dont have collapsing demographics, yet, but those three countries do not consume enough to prop up the current world economic model.
>>25044193>>25044595Dealership about 60 miles from me has a '91 Mercury Capri with 35k miles from $3500. Red, pop up headlights, convertible, no rust, top is in good condition, 1.6L automatic, fwd. It's basically a wrong wheel drive miata.It'll get good mileage and it's got at least 120k in it before you have to do any major maintenance.
>>25044193There's still a lot of options anon you just have to be smart and patient. Go on Craigslist every day and see what's out there, research common issues so you know what to look out for. My first car was a 10 year old grand marquis, I'm still driving it 6 years later.
>>25044823May we live in interesting times, friend
finance up to 75 months, but not longerrefi every year or two
>>25044228This.>have dream car>can't finance because JDM>personal loan on good credit at 5.99%, 6 years>finance it that way>inflation is running at 7% (a very conservative estimate, if you believe the government) probably more like 10% or more>basically I'm getting paid like 20% over time to take out a loan instead of paying cashI mean, why the fuck not?
>>25050111>good creditI'm 30 and have never done anything to build credit. No loans, no credit cards, any vehicle I've owned has been bought outright with cash, any place I've rented has been with a verbal agreement, cash, and no signed papers. Is there a reasonable way to quickly build a credit score?
>>25052095Yours is not negative, and the fact that you have always bought stuff cash and own stuff, this, the bank will take into consideration, if you are black and own nothing, then yeah you need to start building that credit score so you can feed the jews.
>>25052095open a credit account, 6 years of history is considered "alright"minimize usage and never fail to pay off completelyyou fucked yourself over by not having your rentals reported to credit bureaus
I have 75k€ on my account and Iam thinking about spending atleast 40k of it. Kinda scared of inflation. At this point I rather have some qol than risking of losing everything, its not like I can reliably invest my money (I dont like risks). Fuck boomers btw.
>>25049450>we think they are pos and overpricedObviously not, the market speaks otherwise
>>25054344depending on where you live, you can get a small 25-40m2 apartment for that money and rent it outreal estate is only appreciating, eu average was 9% just in the third quarter if I remember correctlyI dont think its ever getting better, people are just getting priced out of everything
>>25044193I just use my imagination. Sometimes I make turbo noises in my sleep :(
>>2505447325-40m2 aparments are 200-300k here in germany lol
>>25044193its only going to get worse and the poor Will be priced out of electric when petrol and diesel are banned
>>25054595jesus fucking christhow do you people even buy real estateI mean even with a wife having a second paycheck, 70-80sqm is what, half a mil?come to us in croatia, we love germans anyway