Hammer Time: Cash For Sandy

During the next several weeks you are going to be exposed to a lot of pointless hysteria about used cars prices in the Northeast.

Journalists will point out the extremes and the outliers to a media audience that is always easily attracted to the extremes and outliers of our society.

But it won’t be the truth. The real bump in traffic related to Hurricane Sandy won’t be with used cars at all.

It will be with new cars.

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  • MaintenanceCosts What is the actual out-the-door price? Is it lower or higher than that of a G580?
  • ToolGuy Supercharger > Turbocharger. (Who said this? Me, because it is the Truth.)I have been thinking of obtaining a newer truck to save on fuel expenses, so this one might be perfect.
  • Zerofoo Calling Fisker a "small automaker" is a stretch. Fisker designed the car - Magna actually builds the thing.It would be more accurate to call Fisker a design house.
  • ToolGuy Real estate, like cars: One of the keys (and fairly easy to do) is to know which purchase NOT to make. Let's see: 0.43 acre lot within shouting distance of $3-4 million homes. You paid $21.8M in 2021, but want me to pay $35M now? No, thank you. (The buyer who got it for $8.5M in 2020, different story, maybe possibly.) [Property taxes plus insurance equals $35K per month? I'm out right there lol.] Point being, you can do better for that money. (At least the schools are good? Nope lol.)If I bought a car company, I would want to buy Honda. Because other automakers have to get up and go to work to make things happen, but Honda can just nap away because they have the Power of Dreams working for them. They can just rest easy and coast to greatness. Shhhh don't wake them. Also don't alert their customers lol.
  • Kwik_Shift_Pro4X Much nicer vehicles to choose from for those coins.