Automotive bubble....has it burst?

No,not yet.
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I know a guy that had (what he called) the lowest mileage Feiro on the planet (something ridiculous like 15k miles).....he had that thing listed for YEARS! I think he started at $30k and probably barely broke $10k when he finally sold it.

One day they will be collectable.....but valuable? On a long enough timeline, I guess anything is possible.
 
What he's selling (88 Formula) is honestly the best and most desirable Fiero except for the color (It's rare because it's ugly and no one wanted it!), In typical GM Fashion they got it right only in the year they killed it...

He's still asking more than double it's value though...
 
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In HS I worked at a chicken place called "Mrs winners" and the gen manager had four of em,Two black and two red.One of each color in auto and man.
 
83oldyoda4x4 said:
The company just bought a couple new leftover 22 model f250's for 6 to 7k off msrp, I haven't seen anything below msrp since 2019.
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Meh ram 1500 are 15-18k off list right now
 
Ron said:
Meh ram 1500 are 15-18k off list right now
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What dealer? I need a 1500 Longhorn Ecodiesel with Ramboxes and a barn door tailgate...
 
jeepinmatt said:
What dealer? I need a 1500 Longhorn Ecodiesel with Ramboxes and a barn door tailgate...
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Mark dodge
The eco diesel is gone though…because it was a major turd
 
Ron said:
Mark dodge
The eco diesel is gone though…because it was a major turd
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Meh, you didn't like ramboxes either, so whatever man...
 
Ron said:
No I Iike ram boxes. But I don’t like the smaller bed width
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Rambox bed is actually wider between the fenders than the standard bed, but I know we've had that discussion ;)
 
LBarr2002 said:
I think I posted about this before. I sold this truck private party for $32k right after the initial carvana offer, but keep getting these emails. Where's the bottom?

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Its lowballing BS for whoever will fall for it. I sold my 2014 Passat TDI to my cousin in early 2022 for $9000, and that was a buddy-buddy deal. Carvana sent me a "value" earlier this month of $1350... :laughing:
 
drkelly said:
www.newsweek.com

Americans can no longer afford their cars

Just 10% of new car listings are currently priced below the $30,000 mark, after years of price increases have made vehicles unaffordable to millions.
www.newsweek.com www.newsweek.com
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Car quality off of the assembly line these days seem so questionable as well. Certain jeep models seem like a total disaster. My next car purchase will likely be a 5-8 year old Toyota Sequoia
 
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