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WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !

 
Loup Garou

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05/07/2019 08:19 PM

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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
Have you priced a new car??!?! Fucking insanity
 Quoting: Brown Chicken Brown Cow


TRUTH.. Fucking insanity
Just because YOU don’t believe
in the Rougarou; or the Loup Garou, don’t make you safe; No !

The Constitution is a blend of 'moral certitude' -- which is one of the reasons that criminals are determined to be rid of it and We the People must be even more determined to defend it.

"If there must be trouble, let it be in my day, that my child may have peace." - Thomas Paine

The only thing the Illuminati fears is an independent person who can live, eat, sleep, stay warm and defend themselves separate from Federal help. Pray that the Lord gives us more time! The End is near and time is short!

A fool takes no pleasure in understanding, but only in expressing his opinion. ~Proverbs 18:2


For those who understand, no explanation is needed. For those who do not understand, no explanation is possible

"A candle loses nothing by lighting another candle" - James Keller

Checkd, Keked, and Rekt!
Anonymous Coward
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05/07/2019 08:21 PM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
400,000 miles on my friend's Grand Prix with that GREAT 3800 Series 2 motor.
 Quoting: Anonymous Coward 75394950


2003 Silverado 1500 Z71 with 670,000 miles still running the original engine never cracked open. Still runs great and original a/c works.
 Quoting: Anonymous Coward 76983000


That's a lot of miles.
Anonymous Coward
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05/07/2019 08:24 PM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
Nah this is total bullshit .Auto Industry very healthy used car prices at auction high as fuck why ? Because big box stores are selling these sleds at a frantic rate ..nice propaganda .
 Quoting: Anonymous Coward 75486160


[link to www.autonews.com (secure)]

Cox Automotive had projected a slight increase last month but said the factors it based that on — a generally buoyant economy and pent-up demand after frigid weather and a government shutdown in January — did not boost demand as much as anticipated. And two consecutive declines to start 2019 doesn't bode well for the rest of the year, said Cox senior economist Charlie Chesbrough. "There are two data points now to suggest this market is weakening at a significant pace," Chesbrough said.

Year to date, sales are down 2.6 percent, the biggest decline for the first two months of a year since 2009
 Quoting: TIO JUAN


That makes sense. The federal reserve increased interest rates. Not only does it make sense I would be surprised if it hadn't dropped.
Anonymous Coward
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05/07/2019 08:25 PM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
Yup the prices are retarded currently. Just got a new Nissan rogue after my past two jeeps shit at 80,000 fucking miles. My first jeep circa 1999 lasted 200,000 before finally cracking. The Nissan was affordable for me at my current level of income but at the end of the day its just another rape to seperate me from my ability to really save. I have had a beater or two but with my line of work if shit breaks I am fucked so I tend to buy brand new.
Tickyul

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05/07/2019 08:34 PM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
New cars and new houses, for the rich or stupid.
Jussstisss 4 Lil-TrayTray, dats all we axein....izzz dat so rong????
Anonymous Coward
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Australia
05/08/2019 06:33 AM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !

 Quoting: TIO JUAN


You took resources out of the ground for this ... ?
Anonymous Coward
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05/08/2019 06:49 AM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
All thanks to globalism.
You cannot have high housing prices, high food cost and low wages and high healthcare costs and a consumer economy at the same time, the math does not work.
Anonymous Coward
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05/08/2019 06:58 AM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
with all the inventory, prices should decline.
 Quoting: red pilled


They can only offer smaller payments for a longer term !

Car loans were 18 months term years ago , now is 48 months
Leasing with $150/ month , no down-payment
Car loan Subprime is the new normal.
 Quoting: TIO JUAN


Smaller payments over a longer period of time only worsens the situation, making life time debt slaves out of people.

They did the same thing with housing.

The solution should be to get rid of the rentier class economy and prices would come down.

You do not have 100,000 to pay for that education you do not get it. You do not have 30,000 for that new car, you do not get it.

Get rid of usury and theft.
Anonymous Coward
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05/08/2019 07:01 AM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
with all the inventory, prices should decline.
 Quoting: red pilled



doesn't work that way. The only decline in car prices is the one you're driving. Too many cars make yours worth cents on the dollar.
 Quoting: brighteyes


so the basis of free markets and essence of capitalism is wrong? interesting.. perhaps Xi and Putin have realized the crude true way earlier and thats why governmets might drive economy not the "markets" onky..
 Quoting: sunwatcher


We have centralized economies, not capitalism.
The fed raising or lowering interest rates, bailing out the banks, welfare for corporations is central control.
Anonymous Coward
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05/08/2019 07:03 AM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
An econobox like the old ford festiva or geo metro could be built and sold today profitably for $5000. I prefer small cars, always have. The trouble is for some reason everyone wants a house on wheels, or a micopenis mega pickup.
 Quoting: Anonymous Coward 58840360


It has more to with what the suppliers are willing to build.
There is a lot more profit in building a fully loaded truck over a geo metro or a mansion over a tiny home.
anonymous coward
User ID: 76076258
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05/08/2019 07:20 AM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
UNSOLD cars get thousands of miles per gallon meh
Anonymous Coward
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05/08/2019 07:22 AM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
Have you priced a new car??!?! Fucking insanity
 Quoting: Brown Chicken Brown Cow


and most of them are junk
darkwolf007

User ID: 77447940
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05/08/2019 04:57 PM

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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
with all the inventory, prices should decline.
 Quoting: red pilled


They can only offer smaller payments for a longer term !

Car loans were 18 months term years ago , now is 48 months
Leasing with $150/ month , no down-payment
Car loan Subprime is the new normal.
 Quoting: TIO JUAN


Smaller payments over a longer period of time only worsens the situation, making life time debt slaves out of people.

They did the same thing with housing.

The solution should be to get rid of the rentier class economy and prices would come down.

You do not have 100,000 to pay for that education you do not get it. You do not have 30,000 for that new car, you do not get it.

Get rid of usury and theft.
 Quoting: Anonymous Coward 77534636


When my parents got their 2008 Ford Fusion back in 2010 they got royally screwed for being poor people. The lending company gave them the money for the car of course, but at slightly more a month than the actual car payments were. So they were paying a crap load of money a month and what's worse is their credit scores never really improved whatsoever. It took them till two or three years ago before they managed to fully pay off their car, and even then getting the title for their car was difficult to the point they almost had to hire a lawyer.
The number one and two participants in the Oppression Olympics? The SJWs and Feminists.

"Today, America would be outraged if U.N. troops entered Los Angeles to restore order [referring to the 1991 LA Riot]. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond [i.e., an "extraterrestrial" invasion], whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.

- Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991

"Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as internationalists and of conspiring with others around the world to build a more integrated global political and economic structure; one world, if you will. If that's the charge, I stand guilty, and I am proud of it." - David Rockefeller

"The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries... We are on the verge of a global transformation. All we need is the right major crisis, and the nations will accept the New World Order." - David Rockefeller

Pepperspray: The new Liberal cologne.

Least PC Native American name? Struggles Through Life
TIO JUAN  (OP)

User ID: 77592408
Mexico
05/08/2019 05:12 PM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
with all the inventory, prices should decline.
 Quoting: red pilled


They can only offer smaller payments for a longer term !

Car loans were 18 months term years ago , now is 48 months
Leasing with $150/ month , no down-payment
Car loan Subprime is the new normal.
 Quoting: TIO JUAN


Smaller payments over a longer period of time only worsens the situation, making life time debt slaves out of people.

They did the same thing with housing.

The solution should be to get rid of the rentier class economy and prices would come down.

You do not have 100,000 to pay for that education you do not get it. You do not have 30,000 for that new car, you do not get it.

Get rid of usury and theft.
 Quoting: Anonymous Coward 77534636


Dad used to say: If you can't pay it cash ...you still don't deserve it.
UNCLE JOHN
Carnac

User ID: 76010295
United States
05/08/2019 05:16 PM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
I was talking to a Hyundai salesman the other day. His dealership did well in March. so it depends on location
 Quoting: Anonymous Coward 10485453


I believe they over produce cars through June-August before shutting down most plants for retooling and maintenance. So some excess inventory is to be expected and will burn off by the end of the year.

Would suck to have an unpredicted slow-down in sales about the same time though.
darkwolf007

User ID: 77447940
United States
05/08/2019 05:16 PM

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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
with all the inventory, prices should decline.
 Quoting: red pilled


They can only offer smaller payments for a longer term !

Car loans were 18 months term years ago , now is 48 months
Leasing with $150/ month , no down-payment
Car loan Subprime is the new normal.
 Quoting: TIO JUAN


Smaller payments over a longer period of time only worsens the situation, making life time debt slaves out of people.

They did the same thing with housing.

The solution should be to get rid of the rentier class economy and prices would come down.

You do not have 100,000 to pay for that education you do not get it. You do not have 30,000 for that new car, you do not get it.

Get rid of usury and theft.
 Quoting: Anonymous Coward 77534636


Dad used to say: If you can't pay it cash ...you still don't deserve it.
 Quoting: TIO JUAN


Not a bad saying. I bought my 2003 Ford Expedition with cash.
The number one and two participants in the Oppression Olympics? The SJWs and Feminists.

"Today, America would be outraged if U.N. troops entered Los Angeles to restore order [referring to the 1991 LA Riot]. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond [i.e., an "extraterrestrial" invasion], whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.

- Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991

"Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as internationalists and of conspiring with others around the world to build a more integrated global political and economic structure; one world, if you will. If that's the charge, I stand guilty, and I am proud of it." - David Rockefeller

"The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries... We are on the verge of a global transformation. All we need is the right major crisis, and the nations will accept the New World Order." - David Rockefeller

Pepperspray: The new Liberal cologne.

Least PC Native American name? Struggles Through Life
TIO JUAN  (OP)

User ID: 77592408
Mexico
05/08/2019 05:22 PM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
...


They can only offer smaller payments for a longer term !

Car loans were 18 months term years ago , now is 48 months
Leasing with $150/ month , no down-payment
Car loan Subprime is the new normal.
 Quoting: TIO JUAN


Smaller payments over a longer period of time only worsens the situation, making life time debt slaves out of people.

They did the same thing with housing.

The solution should be to get rid of the rentier class economy and prices would come down.

You do not have 100,000 to pay for that education you do not get it. You do not have 30,000 for that new car, you do not get it.

Get rid of usury and theft.
 Quoting: Anonymous Coward 77534636



Dad used to say: If you can't pay it cash ...you still don't deserve it.
 Quoting: TIO JUAN


Not a bad saying. I bought my 2003 Ford Expedition with cash.
 Quoting: darkwolf007


I remember he received many credit cards by mail, I never saw him using one.
UNCLE JOHN
darkwolf007

User ID: 77447940
United States
05/08/2019 05:58 PM

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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
...


Smaller payments over a longer period of time only worsens the situation, making life time debt slaves out of people.

They did the same thing with housing.

The solution should be to get rid of the rentier class economy and prices would come down.

You do not have 100,000 to pay for that education you do not get it. You do not have 30,000 for that new car, you do not get it.

Get rid of usury and theft.
 Quoting: Anonymous Coward 77534636



Dad used to say: If you can't pay it cash ...you still don't deserve it.
 Quoting: TIO JUAN


Not a bad saying. I bought my 2003 Ford Expedition with cash.
 Quoting: darkwolf007


I remember he received many credit cards by mail, I never saw him using one.
 Quoting: TIO JUAN


Back in the day when credit cards came flooding to people? I think there's a major credit crunch ongoing. I tried to get a credit card sometime last year. I failed because of my outstanding student loan debt.
The number one and two participants in the Oppression Olympics? The SJWs and Feminists.

"Today, America would be outraged if U.N. troops entered Los Angeles to restore order [referring to the 1991 LA Riot]. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond [i.e., an "extraterrestrial" invasion], whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.

- Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991

"Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as internationalists and of conspiring with others around the world to build a more integrated global political and economic structure; one world, if you will. If that's the charge, I stand guilty, and I am proud of it." - David Rockefeller

"The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries... We are on the verge of a global transformation. All we need is the right major crisis, and the nations will accept the New World Order." - David Rockefeller

Pepperspray: The new Liberal cologne.

Least PC Native American name? Struggles Through Life
Anonymous Coward
User ID: 51586761
United States
05/09/2019 01:35 AM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
nope, its Christmas for all the illegals. You know, free shit & stuff just waiting to be distributed.
 Quoting: brighteyes


This is an unfortunate possibility.
 Quoting: darkwolf007


If they wanted to stir up the masses that would surely do the trick
 Quoting: Malu nli


"Free vehicles for illegal immigrants!", and once the public found out that was a legitimate free vehicle giveaway I wonder how long it would take before someone snaps and begins killing any illegal alien and even their entire families.
 Quoting: darkwolf007


It would not take very long for this happen. People are already pissed about illegal immigration.
ROSICRUCIAN1
User ID: 77608270
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05/09/2019 01:40 AM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !

 Quoting: TIO JUAN


America is living beyond its means and our Government is also robbing the Middle Class blind in order to keep the MIC scam running as well as keep the billions in tribute payments to Israel and Saudi Arabia flowing, rather than using those monies to pay down the debt and give the Middle Class a much needed break. The College Industrial Complex - which has also milked the Middle Class - is also to blame. Most Americans who went to college cannot get high paying jobs to pay back the usurious debt and therefore are not investing in the housing and stock markets and instead are living at home, living paycheck to paycheck and saving rather than spending. It's a recipe for disaster, could be rectified with the right leadership. Trump ain't going to fix it. Ron Paul and likeminded genuine fiscal conservatives could fix it but America's elites have rejected that course. So, expect a great economic Chastisement permitted by God to correct the situation. TPTB have been giving decades to repent but refuse to do so.
 Quoting: Anonymous Coward 77623821


spot on bro... immigration used as economic policy is suicide.
darkwolf007

User ID: 77447940
United States
05/09/2019 03:21 PM

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...


This is an unfortunate possibility.
 Quoting: darkwolf007


If they wanted to stir up the masses that would surely do the trick
 Quoting: Malu nli


"Free vehicles for illegal immigrants!", and once the public found out that was a legitimate free vehicle giveaway I wonder how long it would take before someone snaps and begins killing any illegal alien and even their entire families.
 Quoting: darkwolf007


It would not take very long for this happen. People are already pissed about illegal immigration.
 Quoting: Anonymous Coward 51586761


Yes.
The number one and two participants in the Oppression Olympics? The SJWs and Feminists.

"Today, America would be outraged if U.N. troops entered Los Angeles to restore order [referring to the 1991 LA Riot]. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond [i.e., an "extraterrestrial" invasion], whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.

- Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991

"Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as internationalists and of conspiring with others around the world to build a more integrated global political and economic structure; one world, if you will. If that's the charge, I stand guilty, and I am proud of it." - David Rockefeller

"The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries... We are on the verge of a global transformation. All we need is the right major crisis, and the nations will accept the New World Order." - David Rockefeller

Pepperspray: The new Liberal cologne.

Least PC Native American name? Struggles Through Life
ROSICRUCIAN1
User ID: 77608270
Canada
05/09/2019 03:22 PM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
So when are they going on sale anyone?
Anonymous Coward
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05/09/2019 03:26 PM
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TIO JUAN  (OP)

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05/19/2019 06:25 PM
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[link to www.zerohedge.com (secure)]



"Parking Lots Full Of Mercedes SUVs" - All Eyes Now On The U.S. Truck Market

Mercedes released a statement about it to CBS 42 Thursday, saying it stems from the production of the new Mercedes GLE, which began in late 2018, "it is a challenge we are working to jointly master with both our existing and new suppliers... As a result, we are using a number of locations in the plant and off-site locations nearby for the storage of those vehicles as temporary storage for our vehicles."
UNCLE JOHN
Anonymous Coward
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05/19/2019 06:36 PM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
So when are they going on sale anyone?
 Quoting: ROSICRUCIAN1 77608270


Now that you mention it I haven't seen any car commercials lately
Anonymous Coward
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05/19/2019 06:37 PM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
I mean sales at local car dealerships. When there's a sale they're on all the time.
Anonymous Coward
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05/19/2019 06:42 PM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
An econobox like the old ford festiva or geo metro could be built and sold today profitably for $5000.
 Quoting: Anonymous Coward 58840360


Nope. You also have to pay for 30 retired union workers who retired 15 years ago to sit on their fat asses.
norespect
 Quoting: Anonymous Coward 77441624




They are dead, average age after retirement is 71.5, and now for full SS benefits is 67, that fund far is much more than those that are collecting it now for retirement, Freemasons slush fund is all it is now.
 Quoting: Anonymous Coward 63555311


I'm talking about union pensions, dumbass. If the worker dies, the spouse still gets it.
norespect
upsidedowner

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05/19/2019 06:46 PM
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Re: WTF ! 4.2 Million UNSOLD Cars Pile Up ! 6000+ Stores Are Closing In 2019 !
a millenial i know just graduated from college(health science degree...wtf?) and thinks he is all that. His mom BOUGHT him a car for like 12k used-2014 nissan altima and he never takes care of it. So it seems he has bought a 2019 camaro(basic model) for like 30k. he tells me his payments a month are 5-600.00!!!!!!!!!!!! insurance is like 150 a month. his rent for a studio apt is about 1500 total.
Says he is working as a personal trainer somewhere but i know trainers that have been working for years that dont make much $$ in this economy. I ask him where his mome car is she bought him and he says he uses it for day to day driving and uses the camero for his dates and to look cool times. 21 yrs old and strapped with that much payment out of college?? how and why are what i ask and he just acts like he is all cool and rich.Its so wierd.I mean why not return the moms car so she can maybe sell to recoup some $$$-i mean she is paying registaration and insurance on it so i find it pretty rude of the kid and he is a tool.
insideout





GLP