What is Digg?Sponsored by HowLifeWorks
How to Make Your PC as Fast as the Day You Bought It view!
howlifeworks.com - What's the fastest way to restore a computer to its original blazing glory
130 Comments
- GeyserShitdick, on 02/22/2009, -2/+75NO ***** *****
- DarkStar3333, on 02/22/2009, -3/+67Why does this suprise anyone? Cars are not meant to be used as disposable items and for the last 5+ years the average length of ownership was around 2 years.
Buying a new car is a poor investment as 50% of its "value" disapears as soon as you drive it off the lot. Usually you can find the exact same model and feature package you wanted in the showroom in the used car lot. Why pay the premiem when you dont have to? - lostinseganet, on 02/22/2009, -1/+64MPH? so the tradeoff was speed (^_^)?
- ez12a, on 02/22/2009, -1/+37My integra cost me 2.2k off the classifiedes. Just with a little fixing its been a great car. Who needs a new one?
and it gets 36 mph highway. - ez12a, on 02/22/2009, -0/+36lol my bad, i meant MPG.
- freebird09, on 02/23/2009, -2/+36I think it's closer to 10% but the validity of your argument remains.
/someone with nothing better to do - redrabbit, on 02/23/2009, -0/+26It's more environmentally friendly to buy a used car than it is to buy a new hybrid.
- inactive, on 02/23/2009, -1/+25I got a friend who is an auto mechanic, he said that they actually do better business during a recession because everybody fixes their old cars rather than buying new ones. This is a good thing, Americans need to stop spending, pay off their debt and start saving if this economy is ever going to recover.
- bromac, on 02/23/2009, -1/+21Another sign that Detroit has known for YEARS that they have been putting way too many cars on the road, and that people just couldn't afford to finance, maintain and operate them. Yet, they have to move their product, no matter what. 0% financing OAC, gas cards, 6+ year leases, and all sorts of other BS.
But they just couldn't take their foot off the ***** gas pedal and kept pumping out new cars like octomom pops out babies. Same thing with the housing industry. Everyone KNEW that the entirety of America couldn't realistically live in 3000+ sq. ft. half-million dollar houses. There just isn't enough income out there to pay for them all. But you can't take your foot off the gas, can you?
I'm looking at you realtors, flippers, developers of those ***** houses that aren't even built with 2 by 4's anymore, lenders who allowed people to purchase said *****, and the populace for being so naive, feeling entitled to huge credit limits and gigantic houses no matter their income.
It's a sign of a economic CORRECTION, because America has been in fantasy land far, far too long. - afruff23, on 02/23/2009, -0/+19Best typo ever.
BTW, what year and how many miles? - inactive, on 02/22/2009, -3/+19Another sign of economic recession.
- shortsellit, on 02/23/2009, -1/+15You're damn right it is.
The Prius' batteries are amongst the most harmful things to produce in the industry. - bigteebo, on 02/23/2009, -1/+15Where can I buy a 2009 Honda CRX?
- GirlsCallMeMatt, on 02/23/2009, -0/+13man, i want to digg you up a million times
- virtorio, on 02/23/2009, -1/+14People buy new cars?
- kevlar21, on 02/23/2009, -0/+11Personally I can never imagine buying a new car, unless somebody just had too much money. With the rate at which they depreciate, it seems stupid to pay such a premium.
- Roulette, on 02/22/2009, -0/+11And in other news: Used car salesmen throughout America rejoice.
- GregFD3S, on 02/23/2009, -1/+10Less new cars bought == Less used cars in the future
- danio, on 02/23/2009, -0/+9huzzah for integras, the b18 engine is bullet proof
- mbraynard, on 02/23/2009, -0/+9It's 30%. The correct answer is 30%.
- ez12a, on 02/23/2009, -0/+7mine is a '93 Integra RS w/ 179k w/ working a/c and p/s (but no power locks/mirrors). my last car an 89 civic was donated to SA with 267k, still running.
- psykiv, on 02/23/2009, -0/+7I am absolutely terrified of buying a used car. I've done contractual work for smaller car dealers and you would not believe the kind of stuff they do to cars just to sell them. I've seen cars go from totaled to "looking" brand new while still maintaining clean titles, odometer rollback, engines "fixed" to last another 20 miles at best, etc. WAY too many times to ever trust a used car. Take it from someone whose worked with the inside, carfax and the like of the vehicle history places are pretty worthless. I'd rather stick to a new car with a nice long warranty period. At least that way if anything breaks, I'm covered under warranty for the next 4-5 years, and not stuck paying a mechanic $80/hr plus labor to fix something.
I've also seen WAY too many friends spend 100's of dollars every month fixing up their old pos, just to drive around an old pos.
Want to see an example of cars? headover to copart.com and tell me how many vehicles you find with a CT (clean title). Now tell me if they should be clean title.
Here's an example: http://www.copart.com/c2/homeSearch.html?_eventId= ... - inactive, on 02/23/2009, -1/+8My 88 Honda CRX = 40MPG
Bought for about 2k, with about 3k of work into it, I could probably drive this thing forever. - phybere, on 02/23/2009, -0/+7Often, dealers do better with used cars. With a new car, everyone knows invoice price and the profit margins are slim for dealers. With a used car, it's much more difficult to know what the dealer paid, and they often make a good bit more money.
- CoD4, on 02/23/2009, -1/+8the one with the double round lights, about 137,000 miles
- jaredls, on 02/23/2009, -1/+7I don't think you understood the article...according to the article the price of used cars is going up. And the $ benefits of buying used are not actually that high (saving 50%), becuase everyone wants to buy a used car and *save*. Perhaps this a good time to buy a new car.
There was a thread on slickdeals were you could buy a new ford fusion for around 13K. If you look at the prices for one year old and two year old of the same car on ebay they were going for 14-15K.
Interesting times. - bromac, on 02/23/2009, -2/+8If you buy a new car and intend to use it for its entire lifespan, it can be worth it to know that you purchased it in mint condition and know that you've maintained it right (such as breaking it in correctly, you only get that if it's fresh off the lot).
Just like buying or building a brand new house. Yes, it's expensive. But if you can afford it, and you intend to get every ounce of use out of it during its lifespan, it can be worth it.
Of course, there are very few people that can justify putting another car on the road given the amount that's already out there. - mbraynard, on 02/23/2009, -1/+6What does a dumb black girl sound like?
? "Oh no u di'in!" ? - blackpen2008, on 02/23/2009, -1/+6NEVER buy new. the first year depreciation is too much even in Hondas and Toyotas (american cars are even worse)
Always buy a one to two year old used car with 10k-20k miles. - inactive, on 02/23/2009, -0/+5well, I hope they're looking at you from the kitchen window...
- cadmiumpaint, on 02/23/2009, -0/+5i totally agree. I was looking at a year old Honda with 50k miles on it. It was only 1k less than a brand new one. Why even bother with used at that point? Because it was used it has less of a warranty as well.
- bdbr, on 02/23/2009, -1/+6Japanese cars depreciate so slowly that the used cars never were all that much cheaper, and if this article is correct, the prices of those used cars have gone up to the point that the price should be only slightly less...and interest rates will often be higher.
We've bought new cars (near the end of the model year) for the past couple of decades, all under dealer invoice. It was three years before the blue book used value of my car was less than what I paid.
At least two or three groups of people usually profit when a used car is turned over by dealers. If you want to save money, buy a good car, keep it a long time, and pay cash for the next one. Or at the very least don't buy from a dealer (but there's a bit of risk in that). - inactive, on 02/23/2009, -0/+5wtf are you talking about? I have a car in better shape than some cars fresh off the line for only 5k, and it gets 40MPG. It doesn't get much better than that.
- schoate09, on 02/23/2009, -0/+4One of my cars is a 98 civic. And even with a conservative body kit, it looks like a 15 year old girl's car. So lame in the parking lot, I really hate driving it just because. (It's some crappy teal blue, with its share of dings and scratches). It's not bad to drive, but embarrassing.
- Ledfndr, on 02/23/2009, -0/+4i hate to sound like a dumb white girl but...DUH!
- deadasdisco, on 02/23/2009, -1/+5"dumb black girl". redundant.
/s - Wildthing, on 02/23/2009, -0/+4Now the real question is "do strippers do better during a recession?" On one hand everyone is sad and needs an outlet, which strippers can provide. On the other, stripper fees can add up. Any discounts on dances? Please?
- scitechic, on 02/23/2009, -0/+4There's nothing wrong with buying a new car as long as you realize that it's a luxury item. New cars are nice, and if you have the money, then more power to you. However, there certainly is a problem with people thinking they "need" a new car and not spending their money wisely.
- iloveobama, on 02/23/2009, -0/+4Virgin special?
- deadasdisco, on 02/23/2009, -0/+3i don't laugh a lot at comments, but that one is right on man.
- karan1003, on 02/23/2009, -0/+3people are buying fewer new cars because they can't afford to pay as much. Manufacturers will catch on by then and the price will drop accordingly. Hopefully.
- umbriago, on 02/23/2009, -1/+4Finally, those flying cars they've been promising us.
- cheez124, on 02/23/2009, -0/+3in other news, top scientific surveys reveal grape drink is cheaper than wine.
- desertDenizen, on 02/23/2009, -1/+4People get so much more efficient with their resources during lean times. Used cars are generally a smarter buy in good times or bad. I sometimes wonder if the long term effect of this economic turmoil will be a society of slightly stronger, leaner, tougher people, not despite the hardship, but because of it. This is not to discount the pain and suffering, rather, I think Nietzsche was probably right. Everyone who survives will be a little bit more of a badass because they had to learn to adapt.
- cam0man, on 02/23/2009, -0/+3are you really surprised? New car prices are based on the dealer costs...used cars can be dictated by market value only. Which is why tons of new cars are selling for 50% of the KBB....it's a no brainer.
- zeebo, on 02/23/2009, -0/+3I had my own stimulus package planned out this year. I was going to take some of the cash that I had been saving working to buy a new small car (spending 15-18k). and move somewhere a bit nicer and closer to work. Well, wouldn't you know it I no longer have to worry about moving closer to work, and don't need a new car either. I'm sure it really stimulates the economy to have hundreds executives laying people off so they can continue to hoard their enormous salaries into their offshore tax havens while millions of their former employees cut back to just groceries and rent.
This idea at the top that they deserve hundreds of times what a normal person makes just because they're in management needs to stop. Companies need to be investing in their infrastructure and in their employees at times like this, not looking to make a quick buck at the cost of future earnings as they destroy their own ability to compete. Corporations exist to be tax havens for the people running them. More executives need to think about what they can do for their companies, rather than thinking about how much their company can pay them.
You make your company billions I won't complain if you get millions. Your company crashes, and you still expect that same level of compensation and it'll be time for torches and pitchforks. - inactive, on 02/23/2009, -0/+3But more available credit will help right? Quick, cut Bank of America a $40 billion dollar check to help this guy out.
- dimizzz, on 02/23/2009, -0/+3> The moral? I enjoy bragging about my cars.
didn't you just mention "Civic" up there? - rawnzilla, on 02/23/2009, -1/+4"used vehicles are flying off dealers' lots."
Cars are flying?! -
Show 51 - 100 of 137 discussions
© Digg Inc. 2009
— Content created and posted by Digg users is