The price of everything is unsustainable.
Why Millennials are destroying the ____ industry, details at eleven.
Unregulated capitalism is why all this stuff isn’t sustainable, but it’s what capitalism ends up at on a long enough timeline.
The people willing to do anything for more wealth will keep accumulating more and more, and “lobbying” for legislation that lets them make even more.
Money is finite. All those billionaires don’t make money out of thin air, they take it out of the economy.
If they do too much of that, then no one else has money to buy anything. Without a large amount of consumers, every industry gets fucked. Because the rich don’t buy enough consumer goods to make up for the other 90% of people who can’t afford it
we should have way less children: less engineers to graduate, less companies compelled to hire new workforce then less car companies to exist. there are too many mechanics and mechanical engineers in this world. i think i am suggesting depopulation at this point so that represents another angle of the subject. if ur existence is fine, why would u go out of ur comfort zone and reproduce ? at this point not reproducing serves more one own kind than anything. but also the rich need to be taxed and taxes need to be used to ease people lived and make them retire early. nothing has changed if u reproduce and create free new labour force to serve ur local capitalist located next door. look up vw: agglomerating more than 30 car brands or so, salvaged from banktrupcy. they should in fact have stayed defunct and erased from existence, and yet…
Also taxes act as a filter so that gaining wealth is based at least somewhat on merit. The way we have it now anyone born into wealth of a certain level are guaranteed to retain and grow the wealth because taxes at the high levels are so low relatively. Unfortunately the adage “the first million is the hardest” is all to true. If your rich it should be your most recent million that is hardest. The higher you get the harder it should be. Just like anything else. Its like having our major leaguers playing T-ball.
When a car loan is longer than 5 years and you’re still paying $500-700 per month, yeah, it’s too expensive.
I paid for half of my car in cash and it’s still over $500 for 48-months. Pickups are damn expensive, but at least they’re versatile.
I’ve got a sailboat, and motorcycles. If I want to move things around I can do it easily. I’m comfortable and have plenty of room as well. Just because you’re traumatized doesn’t mean I don’t have the right to own something I can afford. I drive a tractor trailer around 6 days a week so it’s not like a pickup truck is anything more than a large car.
Versatile in the sense that they do everything in a subpar way. Except if you have something from 1990s, then you should be fine for carrying power and even horsepower. Modern trucks are an engineering joke meant to exploit loopholes.
Also why the hell did you say the N-word!?
@HuddaBudda @const_void @Tb0n3 I know not much about pickups, but “jack of all trades master of none, often-times better than master of one.”
however, I don’t see how a normal car is any worse 99% of the time. It’s already a jack of more trades because it has more room inside. Maybe someone who hauls a lot of big loads could use a pickup.
N-word? I’ve never posted that. And why are you posting irrelevant shit?
Modern pickups have grown in leaps and bounds as far as capacity. My F-150 has a carrying capacity of 1800 lb in the bed and an old F-150 would get snapped in half. It’s also a hybrid and I regularly get over 25 mpg versus pickup trucks with v8s or V6 is getting 16 or 18.
Geez. That’s crazy. My car was bought outright 15 years ago. I can’t imagine paying monthly on a car, to me a car is like a TV, you buy what you can afford. That meant I had a lot of junkers over the years, but I’ve never had a car payment and I’m very glad for that. I feel for the people these days, because even the junker cars are expensive enough that if I had to have a car now because mine died, I’d probably have to finance.
As long as it’s not taking more than you can afford financing can have many benefits. You can get a much better vehicle than you might be able to buy cash, and you don’t have to use money that could otherwise be used to invest or get other things all at once. The cost of a car loan and a reasonable rate isn’t all that high, and if you really wanted to you can pay it off sooner.
Cars are unsustainable for our planet. Even EV’s. It’s already too late to stop the damage they have caused already. The best time to transition to alternative modes of transportation was during the 70’s. The second best time is now.
What do you base that on? EVs are certainly not the solution, but way worse is arguably not accurate.
lithium is not a sustainable storage solution. comment back when sodium batteries are mass produced, not just a discovery in a lab
There is a big culture of shaming and questioning people who buy small vehicles in the US and Canada. From salesmen who use it to push bigger, more profitable vehicles to people, to marketers who prey on fear and toxic masculinity to sell , and to everyday people who perpetuate the myths and fear, teasing and mocking their fellows who might have chosen a smaller vehicle. So here we are, barely a small vehicle to be bought and all maxed out on credit to drive the biggest rig we can. Well interest rates are headed up, gas is only going to get more expensive and suddenly that big rig with the the big operating cost shouldn’t seem like such a good idea.
It’s the mortgage and other loan interest rates that I’m meaning to allude to here. People facing a 30% increase in mortgages or rent might find that shelling out for that expensive car, it’s maintenance and operation isn’t as tenible as it was a year ago. That’s the whole point of those rate hikes, to stop us buying everything else and push price growth back in line.
Even smaller vehicles are getting ridiculous. The Honda Civic is a $30,000 car now.
Why do I only buy used cars?
I’ve been priced out of new cars.
Edit: I of course also drive cars basically until I can’t fix them anymore (a high bar) though so it’s not like I buy cars often lol
Used cars are also getting to be insane. Try finding a ~5 year old Camry or Corolla in good shape for for less than 25K (CAD)these days, even the supply of $500 rusted out Crown Vic’s is drying up. I’ve even seen 10+ year old cars going for between 15-20K in my area.
Anecdata: this is also screwing with insurance. My sister got hit in a minor accident, we were sure the car was going to be written off since it’s 7 years old and more than three body panels would be replaced. But, the car had increased in value by $3,000 since she bought it five years ago, so they got to repair and keep it.
My cars are as old or older than my kiddos. ‘08 VW Rabbit (aka Golf) and a ‘13 Traverse. I want a slightly larger vehicle with a bit more room for the younger one’s car seat, but I can’t afford a payment for anything recent. Would like to jump ahead to at least 2018 models.
Personally I’d love to get a vehicle with more ground clearance than my current car (slightly modified Kia Rio Hatchback with ~ 7 inches) to something with like 10 inches to 12 inches.
I do a lot of hiking and backpacking so things can get a bit sketchy at times trying to get to a trailhead.
But damn prices are high on new vehicles so I’ll probably go with something 20 years old or older.
Wear and condition are more important than year in my book. Yes, age does cause some issues, but they are less common. I buy older low mileage cars that were well cared for. But they are hard to find. It sometimes takes months of watching.
