Trasportation news: The Poor will have a real hard time in the near future.

Ernst

Ernst

Well-Known Member
Who can deny that the quality of our lives depends directly on our economic survivability?
On the horizon is a perfecta of degradation for our working poor.

We can assume that jobs are hard to come by for most of us. If not we can at least agree that the price of gas has moved higher and for some this is a serious tax on income.

Now on top of the stress of surviving the great recession we are now faced with the price of used cars.

Used Car Market

(CBS) The tough economy has turned some tried-and-true used-car buying tips upside down. Kelli Grant, Senior Consumer Reporter for SmartMoney.com, shares what shoppers need to know before hitting the lots.

Prices have jumped for used cars. Demand for used cars has increased during the recession, both because people are less willing to pay premium prices for a new car, and because the credit crunch has made many less able to get financing. But higher demand for used has also led to higher prices. A 2005 Ford Edge that might have gone for $5,000 two years ago now costs closer to $7,000.

Used cars aren't necessarily cheaper than new cars. In the past, drivers could count on a vehicle's value depreciating 20% to 30% during the first year, making relatively new used cars a great bargain. Now, cash incentives and low financing offers can make new cars nearly as affordable as - if not cheaper than - used cars of the same model that are a year or two old. Buying a 2010 Audi Premium Plus is roughly $4,000 less expensive than purchasing a used 2009.


Please follow link for the complete article.http://www.cbsnews.com/stories/2010/10/04/uttm/main6924591.shtml
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beardo

beardo

Well-Known Member
This is why everyone should walk or ride a bike. I hate all these people who drive and complain. I think part of the bail out money should have gone to building bicycle factories in the U.S. and all the factories to supply them with parts and they should have given people on unemployment and welfare or homeless jobs building bikes and instead of a tax rebate every U.S. citizen should have gotten a bike as a one time deal and after that we could sell and export the bikes. It would help unemployment gas price problems health would be improved with less pollution and more excercise.
 
beardo

beardo

Well-Known Member
beardo said:
This is why everyone should walk or ride a bike. I hate all these people who drive and complain. I think part of the bail out money should have gone to building bicycle factories in the U.S. and all the factories to supply them with parts and they should have given people on unemployment and welfare or homeless jobs building bikes and instead of a tax rebate every U.S. citizen should have gotten a bike as a one time deal and after that we could sell and export the bikes. It would help unemployment gas price problems health would be improved with less pollution and more excercise.
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Ernst said:
I am having a custom built Bike with a motor made. 150 mpg.

We shall see how this turns out.

Local industry gets my business first.
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I think if we walked and biked and had more self sufficient comunites and lived and did buisness within our communities life would be improved.
 
Ernst

Ernst

Well-Known Member
Trust me the number of people on Bikes has increased and the used car lots have hiked the prices on even junkers.
 
Timmahh

Timmahh

Well-Known Member
they are full of shit, right up to their brown eyeballs.

i ll tell you why used cars are so damn expensive, and it has nothing to do with what the are telling you. I ll even do it in 3 words or less

CASH FOR CLUNKERS
 
Carne Seca

Carne Seca

Well-Known Member
beardo said:
This is why everyone should walk or ride a bike. I hate all these people who drive and complain. I think part of the bail out money should have gone to building bicycle factories in the U.S. and all the factories to supply them with parts and they should have given people on unemployment and welfare or homeless jobs building bikes and instead of a tax rebate every U.S. citizen should have gotten a bike as a one time deal and after that we could sell and export the bikes. It would help unemployment gas price problems health would be improved with less pollution and more excercise.
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I live 20 miles from the nearest town and people out here live even farther.
 
Ernst

Ernst

Well-Known Member
Timmahh said:
they are full of shit, right up to their brown eyeballs.

i ll tell you why used cars are so damn expensive, and it has nothing to do with what the are telling you. I ll even do it in 3 words or less

CASH FOR CLUNKERS
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Who is T? 01234567 < has to be more than 10 characters.
 
Ernst

Ernst

Well-Known Member
Carne Seca said:
Right around 3.86
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Man, we are over $4 here at the cheapest place.

How is the used car market? We have a shortage here and combined with a lower dollar value cars that sold for $1500 now start at $3500 locally.
Craigslist-ers are hawking old clunkers at 120%+ over kelly bluebook for excellent condition which those vehicles are not excellent.
 
Ernst

Ernst

Well-Known Member
Prices for fuel are spiking as I type.. It's going to be a $5 summer from what I understand.

Reference NPR news 5-5-11 @ 1600 hrs local.
 
sso

sso

Well-Known Member
used car numbers are that much down?

figures, guess cars have become as "disposable" as the rest, nothing made to last cause there aint no profit in it..

but people just become more selfsufficient if the system fails. but yeah, probably gonna get more difficult for people to live in the next 10 years.

probably have another big crash then (oh quite alot bigger)
 
Timmahh

Timmahh

Well-Known Member
used car prices are on the rise, even for gas guzzlers here.

i bought an 03 GMC Sierra SLT 1500 last yr. i ave 15 Hwy 13 city with it. bought private from a CL ad.
i now see 2002 GMC Sierra LT 1500s here going for 4,000.00 more than i paid for mine last year.

gas is 4.00 a gallon here currently. was 3.68 in Toledo Ohio last Tuesday Night. hit the Mi border 1/2 hr later and right to 4.00
 
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