The US stock market has seen better returns in Joe Biden's first 100 days than under any president in the past 75 years

[Nature Boy 2.0 8,381]

12 minutes ago, TBoneTX said:

Where does one find one, then?

How long does a used one need to be in inventory before one can play hardball with the sales dept.?

There isnt any playing hard ball right now. If you find something you like and it's in book value go for it. 

 

If you dont have to have a vehicle right now, wait

[Neonred 3,647]

12 minutes ago, Nature Boy 2.0 said:

There isnt any playing hard ball right now. If you find something you like and it's in book value go for it. 

 

If you dont have to have a vehicle right now, wait

I see Ford is looking at a 50% drop in production for 2nd quarter due to the chip shortage.

 

Glad I got a new vehicle last year.

Edited April 29, 2021 by Neonred

[Ban Hammer 13,530]

1 hour ago, Nature Boy 2.0 said:

well speel check caught and I said whatevvers

this is why no one argues with NB - because no one knows what he is saying!  

[Crtcl Rice Theory 2,432]

5 hours ago, Nature Boy 2.0 said:

speaking of markets. Now is not the time to purchase a vehicle. Especially used cars. Market Values are stupid right now. My 2020 Tundra with 16K miles is worth more than I paid for it new, including taxes. I have never seen anything like it.

 

A 2014 4WD Tacoma with 103k MILES is priced under book at 27K. I have been in the biz 6 years and never seen anything like it.

We have a 2019 CX 5 coming off lease , I guess we can buy it and trade it in at a profit.

[Dashinka 24,786]

11 hours ago, Nature Boy 2.0 said:

speaking of markets. Now is not the time to purchase a vehicle. Especially used cars. Market Values are stupid right now. My 2020 Tundra with 16K miles is worth more than I paid for it new, including taxes. I have never seen anything like it.

 

A 2014 4WD Tacoma with 103k MILES is priced under book at 27K. I have been in the biz 6 years and never seen anything like it.

The Used Car Bubble?  I know what you mean, my wife's car will be coming off lease within the next 9 months or so, more than likely we will turn it in and get something new, but who knows what the market will be by then.

[Nature Boy 2.0 8,381]

4 hours ago, Dashinka said:

The Used Car Bubble?  I know what you mean, my wife's car will be coming off lease within the next 9 months or so, more than likely we will turn it in and get something new, but who knows what the market will be by then.

Just FYI you can purchase the vehicle directly from whoever financed it. That way you avoid dealer fees. Also if you purchase from the dealer you will pay estimated value not the residual. If the car is worth more than the residual it might make sense to buy it, and then trade it in

[Nature Boy 2.0 8,381]

11 hours ago, CanAm1980 said:

We have a 2019 CX 5 coming off lease , I guess we can buy it and trade it in at a profit.

Yes indeed as I told Dashinka your vehicle may be worth more than the residual.  Mazda does fairly well on retained values. Sounds like you got it figured out. 

[Crtcl Rice Theory 2,432]

1 hour ago, Nature Boy 2.0 said:

Yes indeed as I told Dashinka your vehicle may be worth more than the residual.  Mazda does fairly well on retained values. Sounds like you got it figured out. 

Thanks for the tip on dealing direct with the bank. 

[Steeleballz 7,550]

On 4/26/2021 at 10:59 PM, CanAm1980 said:

https://markets.businessinsider.com/news/stocks/stock-market-performance-president-biden-100-days-best-75-years-2021-4-1030346645

 

• The S&P 500 posted better returns in Biden's first 100 days than under any president since World War II.
• JPMorgan analysts said the rise was due to record fiscal and monetary stimulus.
• The analysts said they thought tax increases wouldn't hurt market returns as much as anticipated.

 

       As many economists predicted, the stock market needs stability more than it needs instable geniuses.

[Crtcl Rice Theory 2,432]

12 hours ago, Nature Boy 2.0 said:

Yes indeed as I told Dashinka your vehicle may be worth more than the residual.  Mazda does fairly well on retained values. Sounds like you got it figured out. 

We just checked with the bank. We are about even with residual value.

[igoyougoduke 1,675]

On 4/26/2021 at 9:59 PM, CanAm1980 said:

https://markets.businessinsider.com/news/stocks/stock-market-performance-president-biden-100-days-best-75-years-2021-4-1030346645

 

• The S&P 500 posted better returns in Biden's first 100 days than under any president since World War II.
• JPMorgan analysts said the rise was due to record fiscal and monetary stimulus.
• The analysts said they thought tax increases wouldn't hurt market returns as much as anticipated.

haha when s&P 5000 crashes from 5000 to 500 in q3-q4.. it will be epic under Billy Bob. Fed Printer crash . No more Brrrrrrrrrrrrr

[Nature Boy 2.0 8,381]

11 hours ago, CanAm1980 said:

We just checked with the bank. We are about even with residual value.

look on KBB and NADA at the book values. You may could buy it for residual and trade it in for a nice little $$$ 

[Crtcl Rice Theory 2,432]

23 hours ago, Nature Boy 2.0 said:

look on KBB and NADA at the book values. You may could buy it for residual and trade it in for a nice little $$$ 

Speaking of cars, Toyota is playing around with hydrogen internal combustion: none of the CO2 and all of the rumble and roar. No word on whether those roarmaker mufflers will be standard at the factory.

 

 

Toyota built an internal combustion engine that sips hydrogen, and it sounds awesome

By Alvin Reyes on Apr 30, 2021, 5:28am CDT

Japanese auto giant Toyota is working on a new-age hydrogen vehicle. When the words Toyota and Hydrogen are in the same sentence, the hydrogen-powered Toyota Mirai comes to mind. Still, the Mirai is a hydrogen-electric car or FCEV (fuel-cell electric vehicle). It uses hydrogen fuel to convert electricity and power an onboard electric motor. This time, Toyota came up with something different.

[Cyberfx1024 7,980]

On 4/29/2021 at 10:15 PM, CanAm1980 said:

We have a 2019 CX 5 coming off lease , I guess we can buy it and trade it in at a profit.

I am doing that tomorrow with my wife's 2018 Nissan Rogue.

[Cyberfx1024 7,980]

On 5/1/2021 at 9:52 AM, Nature Boy 2.0 said:

look on KBB and NADA at the book values. You may could buy it for residual and trade it in for a nice little $$$ 

When I went to get the loan for the car in order to buy it from the lease the residual is $17k and the KBB is $22k right now