Last post on Feb 14, 2013 at 6:24 PM
You are in the Automotive News & Views-Archives
What is this discussion about?
#31294 of 32000 Re: SIGTARP recalls [steve_]
Feb 01, 2013 (3:44 am)
I'm sure a lot of those ages are thrown off by parents buying cars for their teenage and early 20-something kids.
Also, if something is bought as part of a fleet, how is its buyer age factored in, I wonder? There's some Zipcar-like company in DC that bought a whole bunch of Smarts for their customers to use.
Also, I'm surprised to see how close together all those average ages really are. 47 to 60 isn't really that big of a spread. Basically, that means your average buyer, regardless of make, is a Baby Boomer. It would be interesting to see the breakouts for individual models, though.
And, Buick has done an incredible job of bringing down their average buyer age. I remember back in 2003, when MSN autos used to show average age in their listings, the Regal was something like 57, but I think the LeSabre was 67, while the Park Ave and Century were 70! I think the Rendezvous was around 45-48 though.
#31295 of 32000 Re: Mustang vs. Camaro [uplanderguy]
Feb 01, 2013 (4:21 am)
This is now, that was then.
This is now!
In other GM recall news, NHTSA is expanding a previous 2012 Buick Verano, 2012 Chevrolet Cruze and 2012 Chevrolet Sonic airbag recall to include the 2012 Chevrolet Camaro.
Feb 01, 2013 (5:02 am)
General Motors is recalling 8,519 2013 Chevrolet Malibus because one or more rear suspension bolts may not have been tightened properly.
The affected vehicles were built from December 6, 2011 through January 15, 2013.
Somebody must have been attending to many holiday parties;)
Uplander, IMO, this is how a vehicle can have varying reliability ratings from year to year. A recall like this is only due to a safety issue. What else could have been missed from the factory which simply was passed on to the dealer to fix under warranty. I'm not pointing this directly at GM as I think it applies to any manufacturer.
#31297 of 32000 Re: Mustang vs. Camaro [uplanderguy]
Feb 01, 2013 (7:10 am)
This is now, that was then.
That's what they call "heritage."
#31298 of 32000 Re: SIGTARP recalls [andre1969]
by Stever@Edmunds HOST
Feb 01, 2013 (8:11 am)
Also, I'm surprised to see how close together all those average ages really are.
That surprised me too.
They talk about how kids aren't buying cars, but part of it is that kids often can only afford used cars.
My in-laws sold their Bimmer when they moved up here to the boonies and started buying Buicks. They had a friend who traded every 3 years, so they would buy his old one and then sell their car to someone else. All those folks in that hand-me-down chain were over 70, otherwise the average would have popped up, lol.
#31299 of 32000 Re: SIGTARP recalls [steve_]
Feb 01, 2013 (8:23 am)
I wonder if the economy accounted for some of that "regression toward a mean", or whatever they call it? It's getting harder for younger people to find a good job these days, and they're often more saddled with student loan debt than in the past. So, today they're probably more likely to buy used, get help from a parent, or even go car-less than in days gone by?
Similarly, older people usually buy less often anyway, at least in my experience. Many of them have probably seen nest eggs drop, pensions get reduced, health care costs go up, etc. So, they're probably buying less often, too. And, since the cars usually don't wear out like they used to, there's often no need to.
#31300 of 32000 Re: SIGTARP recalls [andre1969]
Feb 01, 2013 (10:32 am)
Looks like January was a good sales month.
Toyota up 26%
Honda up 13%
GM up 16%
Ford up 22%
Chrysler up 16%
Sales rate over 15 million.
Doesn't look like Toyota is being hurt by the recall mess.
For Ford, both the Fusion and Escape had great months. Over 22k Fusions sold and 19k Escapes.
Malibu sales are improving a bit to over 15k sold in January.
#31301 of 32000 Re: SIGTARP recalls [andre1969]
Feb 01, 2013 (10:37 am)
I remember the first thing I wanted to do upon graduating was buy a new car. I bought a new black 1987 Chevrolet Caprice Classic within a week of graduating as I was already working and any student loan debt I had was very modest. I doubt very many of today's graduates are as lucky as I was. Many have hard time time finding jobs that pay modestly and have student loan debt the equivalent to a mortgage.
#31302 of 32000 Re: Malibu recall [dieselone]
Feb 01, 2013 (11:09 am)
dieselone, still, no one can tell me that one year, not the next, the next year, not the next--is the year to buy, not to buy--when the assembly location, engine, trans, most everything...has remained unchanged. Little blips, yes, but I still believe it's sample error and how the car compares to everything else that year. Do we even believe auto workers move in and out of those jobs that much? I don't. Frankly, I don't believe the Juke in 2011 is much-worse-than-average and the 2012 is much-better-than-average. I know about first-year stuff, but that kind of change? Even CR seemed embarrassed by it, as all they said was 'reliability average'.
A recall is never a positive thing (despite what bpizzuti has said! LOL), but GM's numbers are certainly waaaayyyyy smaller than Toyota's and Honda's of recent time.
#31303 of 32000 Re: SIGTARP recalls [lemko]
Feb 01, 2013 (11:14 am)
I remember the first thing I wanted to do upon graduating was buy a new car.
Me too, and I was stupid to do so. The last thing anyone should do with a low to negative net worth (I was negative as I had school loans and a little bit of credit card debt) is buy a new car.
Honestly, as my net worth has increased my desire to spend money on a new car has decreased. I haven't purchased a brand new vehicle since 2001 and I may never buy another new vehicle.
I went shopping for new Suburbans and Expeditions the other day. What I found on the lots were near $60k. Why in the world would I spend $50-55k+ when I can buy an 1-2 year old used model for $30-35k?
Though it does depend. With 4wd pickups and certain cars, the spread between new and used isn't so great.