Last post on Feb 14, 2013 at 7:24 PM
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#31297 of 32000 Re: Mustang vs. Camaro [uplanderguy]
Feb 01, 2013 (8:10 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 (9:11 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 (9:23 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 (11:32 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 (11:37 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 (12:09 pm)
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 (12:14 pm)
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.
#31304 of 32000 Re: SIGTARP recalls [dieselone]
Feb 01, 2013 (12:34 pm)
The first thing I wanted to do was buy a new car, also.
I graduated college with no debt and was working within 3 1/2 mos. at a 'real' job. My folks had given me their bright-red three-year old '77 Impala coupe (with the wraparound back window), but I still wanted a new car. I told them their graduation gift enabled me to buy a new car as I couldn't have afforded one without the trade-in. I had my dealer search around and I bought a new, V8 (unusual for '81) Monte Carlo, factory two-tone light jade hood and roof over dark jade everything else, positraction, FM radio, intermittent wipers, and no air. I thought I had arrived!
#31305 of 32000 Re: Malibu recall [uplanderguy]
Feb 01, 2013 (12:37 pm)
I can't dispute sample error issues, but I also can't rule out variation. Things happen. Bad fuel pumps can be sent from a supplier, a tool can get out of spec leading to bolts not correctly fastened.
Example. We purchased a new boat last summer. At the end of the season when I was having it serviced and winterize the mechanic called me and told me water had entered the bellow which covers the u-joints and gimbal bearing. Well Mercruiser replaced the whole assembly and bearing.
The drive design hasn't changed it's in several years, but in 2012 my dealer had seen the same problem on several boats with the same drive which they had rarely seen in the past on the same drive. For some reason the clamps were faulty and didn't create a good seal. This is a problem that popped up in 2012 that wasn't a problem previously and likely isn't a problem for 2013.
Look at this particular recall for GM
JAN 02, 2013
2013 Chevrolet Silverado
General Motors (GM) is recalling certain model year 2013 Cadillac Escalade, Escalade ESV, and Escalade EXT; Chevrolet Avalanche, Express, Silverado HD, Silverado LD, Suburban, and Tahoe; and GMC Savana, Sierra HD, Sierra LD, Yukon, and Yukon XL vehicles, manufactured between November 7, 2012, through December 18, 2012, for failing to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) No. 102, "Transmission Shift Lever Sequence, Starter Interlock, and Transmission Braking Effect", and FMVSS No. 114, "Theft Protection and Rollaway Prevention." The vehicles may have been built with a fractured park lock cable or a malformed steering column lock actuator gear in the lock module assembly.
These vehicles have essentially gone unchanged since 07, how is it possible this problem came up and only affects those built between Nov. 7th and Dec. 18th.
We only see things like this that affect safety. You're trying convince me that the same type of issues can't happen to the quality/reliability of thousands of various parts and components that make up an automobile.
#31306 of 32000 Re: SIGTARP recalls [uplanderguy]
Feb 01, 2013 (12:45 pm)
Kids and new grads are different than in the past for a variety of reasons.
It hasn't been uncommon for my wife to have new grads work for her that continue to live at home for a few years and/or drive cheap or fairly old cars. Were not talking minimum wage as her new hires start at over $135k/yr plus bonus and overtime. I think it has a lot to do with different priorities.
OTOH one of her other young employees just bought a new Audi A8. Neat car.