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New vehicle prices are about to get even worse
#8897084
08/07/23 07:56 PM
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Joined: Dec 2010
Posts: 536
MBTECH85
OP
Tracker
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OP
Tracker
Joined: Dec 2010
Posts: 536 |
So the UAW is demanding a 46% pay increase for it’s workers from GM, Ford and Stellantis (Dodge/Chrysler/Jeep/Ram) over the course of the next few years. Obviously this will dramatically increase new vehicle prices. I can’t imagine how this can keep up much longer before it all comes crashing down. What do you think will be the breaking point for inflation? UAW wage hike
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897095
08/07/23 08:17 PM
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Joined: Apr 2013
Posts: 2,265
maximus_flavius
Veteran Tracker
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Veteran Tracker
Joined: Apr 2013
Posts: 2,265 |
What do you mean “will be”? I don’t see how anyone is making it right now.
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897097
08/07/23 08:18 PM
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Joined: Mar 2010
Posts: 15,796
ntxtrapper
THF Celebrity
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THF Celebrity
Joined: Mar 2010
Posts: 15,796 |
Yep. Striking is the in thing right now.
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897101
08/07/23 08:23 PM
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Joined: Oct 2007
Posts: 8,586
BradyBuck
THF Trophy Hunter
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THF Trophy Hunter
Joined: Oct 2007
Posts: 8,586 |
They should have let the big car companies fail a long time ago.
HRCH Washita's Kimber Locked N Loaded GRHRCH Firefly's Rally The Troops MH
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897102
08/07/23 08:23 PM
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Joined: Jun 2015
Posts: 20,573
Roll-Tide
THF Celebrity
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THF Celebrity
Joined: Jun 2015
Posts: 20,573 |
Add it to the list. ![[Linked Image]](https://texashuntingforum.com/forum/pics/userpics/2023/08/full-56901-396654-img_8432.jpeg)
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897104
08/07/23 08:26 PM
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Joined: Oct 2012
Posts: 27,894
Creekrunner
THF Celebrity
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THF Celebrity
Joined: Oct 2012
Posts: 27,894 |
Joe is the last, sputtering hope of the true-blue union cult. 'Guess they're deciding to go for broke. They had a huge part to play in why we now have so much manufacturing in China. What a bunch of idiots.
...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897118
08/07/23 08:46 PM
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Joined: Aug 2005
Posts: 33,552
txtrophy85
THF Celebrity
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THF Celebrity
Joined: Aug 2005
Posts: 33,552 |
Toyota and Nissan looking pretty good
For it is not the quarry that we truly seek, but the adventure.
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897128
08/07/23 08:59 PM
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Joined: Nov 2009
Posts: 73,141
NORML as can be
^^Cut the Cord^^
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^^Cut the Cord^^
Joined: Nov 2009
Posts: 73,141 |
(R-TX) .-- " TCNN CURL CRLB AYR SNDL CGC TLRY MSOS "
_=====___=________==-
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897158
08/07/23 09:47 PM
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Joined: Jul 2005
Posts: 3,379
Stump_jumper
Veteran Tracker
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Veteran Tracker
Joined: Jul 2005
Posts: 3,379 |
So the UAW is demanding a 46% pay increase for it’s workers from GM, Ford and Stellantis (Dodge/Chrysler/Jeep/Ram) over the course of the next few years. Obviously this will dramatically increase new vehicle prices. I can’t imagine how this can keep up much longer before it all comes crashing down. What do you think will be the breaking point for inflation? UAW wage hike Recession will break the back of inflation. Sadly that is what it will take. I am looking at options to earn interest on my Merrill accounts.
2017 Tundra 5.7 CM 4x4 2006 Champion 2200 Bay Boat
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Re: New vehicle prices are about to get even worse
[Re: txtrophy85]
#8897162
08/07/23 09:53 PM
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Joined: Dec 2008
Posts: 5,516
LonestarCobra
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2008
Posts: 5,516 |
Toyota and Nissan looking pretty good Until you need a bigger pickup they are.
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Re: New vehicle prices are about to get even worse
[Re: LonestarCobra]
#8897173
08/07/23 10:17 PM
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Joined: Oct 2012
Posts: 27,894
Creekrunner
THF Celebrity
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THF Celebrity
Joined: Oct 2012
Posts: 27,894 |
Toyota and Nissan looking pretty good Until you need a bigger pickup they are. This is about unions, not the GVWR of a light-duty truck you need.
...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897175
08/07/23 10:19 PM
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Joined: Jan 2014
Posts: 13,303
Paluxy
THF Celebrity
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THF Celebrity
Joined: Jan 2014
Posts: 13,303 |
More will be built outside of the US. Good job unions
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Re: New vehicle prices are about to get even worse
[Re: Creekrunner]
#8897187
08/07/23 10:53 PM
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Joined: Dec 2008
Posts: 5,516
LonestarCobra
THF Trophy Hunter
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Joined: Dec 2008
Posts: 5,516 |
Toyota and Nissan looking pretty good Until you need a bigger pickup they are. This is about unions, not the GVWR of a light-duty truck you need. Yes, but if they made the bigger trucks, I can help but imagine what their market share would be. I think it would scare the crap out of the three that make them.
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897190
08/07/23 11:00 PM
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Joined: Oct 2012
Posts: 27,894
Creekrunner
THF Celebrity
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THF Celebrity
Joined: Oct 2012
Posts: 27,894 |
I don't know know about Nissan, but we're just a part of Toyota's world-wide market share. They're a monster.
...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897192
08/07/23 11:05 PM
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Joined: Aug 2012
Posts: 15,936
TexFlip
THF Celebrity
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THF Celebrity
Joined: Aug 2012
Posts: 15,936 |
They should tell the union to kick rocks. Moat union workers I know can't afford to miss a paycheck.
Just to make sure that it is done thoroughly, I go both ways.
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897197
08/07/23 11:13 PM
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Joined: Aug 2005
Posts: 33,552
txtrophy85
THF Celebrity
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THF Celebrity
Joined: Aug 2005
Posts: 33,552 |
Truck prices are ridiculously expensive now.
Was going to trade in next year so went thru the order bank. Same truck I paid $72k in 21' for is now $84k. the $72k truck I paid $54k for the exact same truck in 17'. So in 6 years time, the same exact truck has gone up $32k.
Something is going to have to give somewhere. Either "affordable" trucks like the Ford Maverick are going to become more common place as will Midsize trucks like the Ranger or Colorado, they will stretch vehicle payments out to 10 years or base model trims are going to become much more popular.
I've been around much of the world and the United States and Canada are the only two countries I know of that drive full size vehicles like we do. The rest of the world is rolling around in Land Cruisers, HiLux's and Ford Rangers.
Truck has 110k on it as of today and I'll run it another couple of years before I decide what to do with it...it will have over 200k miles on it at that point.
For it is not the quarry that we truly seek, but the adventure.
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Re: New vehicle prices are about to get even worse
[Re: Paluxy]
#8897259
08/08/23 12:42 AM
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Joined: Jan 2012
Posts: 29,253
TXHOGSLAYER
THF Celebrity
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THF Celebrity
Joined: Jan 2012
Posts: 29,253 |
More will be built outside of the US. Good job unions
LETS GO BRANDON
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897262
08/08/23 12:48 AM
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Joined: Feb 2013
Posts: 4,793
krmitchell
Extreme Tracker
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Extreme Tracker
Joined: Feb 2013
Posts: 4,793 |
I see more robots manufacturing cars in the near future.
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897268
08/08/23 12:54 AM
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Joined: Oct 2012
Posts: 27,894
Creekrunner
THF Celebrity
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THF Celebrity
Joined: Oct 2012
Posts: 27,894 |
And they won't get their attitude "adjusted" if they happen to work harder than another robot.
...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
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Re: New vehicle prices are about to get even worse
[Re: krmitchell]
#8897279
08/08/23 01:02 AM
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Joined: Jan 2007
Posts: 27,335
KRoyal
Texoma Legend
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Texoma Legend
Joined: Jan 2007
Posts: 27,335 |
I see more robots manufacturing cars in the near future. I’ve been watching how it’s made dream cars on discovery plus. It’s fascinating to me how much cars are built by robots now. I know a lot of the shows cover exotic cars that are built by hand, but a lot of them like the Camaro are built probably 90% with robots.
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8897610
08/08/23 04:19 PM
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Joined: Aug 2005
Posts: 7,026
psycho0819
THF Trophy Hunter
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THF Trophy Hunter
Joined: Aug 2005
Posts: 7,026 |
I think we're going to see a shift back to people working on their own stuff more than they have relatively recently. I was raised to not pay someone else to do something that I can do for myself, so I've always been a "DIY guy". But I'm now getting more calls from friends when they get stuck while working on their own stuff. People I would have never expected to even own a basic socket set.
Manufacturers sure aren't making it any easier to work on your own stuff, their goal is planned obsolescence to keep every one of us paying a perpetual payment. But if you do research and buy correctly then options still remain in that regard.
I recently purchased a Gen5 Camaro SS. While a few different makes/models would have met my wants for a "modern muscle car", the Gen5 Camaro won because it is a model that may not be built with the intent to suit DIY repairs, but it's not an overly complicated design like so many cars now days are and I can work on it myself.
If/when we go into a true recession/depression, so many people are going to be royally screwed by the soft lifestyle that's become so prevalent in the last few generations.
Tolerance is the virtue of a man without conviction.
The end of the world began the day it was created, and life is a sexually transmitted terminal disease.
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Re: New vehicle prices are about to get even worse
[Re: txtrophy85]
#8897654
08/08/23 05:16 PM
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Joined: Sep 2011
Posts: 973
DonPablo
Tracker
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Tracker
Joined: Sep 2011
Posts: 973 |
I've been around much of the world and the United States and Canada are the only two countries I know of that drive full size vehicles like we do. The rest of the world is rolling around in Land Cruisers, HiLux's and Ford Rangers. In S Africa I really enjoyed riding around in a Mahindra. Didn't even know they made trucks before the trip.
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Re: New vehicle prices are about to get even worse
[Re: txtrophy85]
#8897669
08/08/23 05:55 PM
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Joined: Aug 2005
Posts: 21,675
Sniper John
gumshoe
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gumshoe
Joined: Aug 2005
Posts: 21,675 |
Truck prices are ridiculously expensive now.
Was going to trade in next year so went thru the order bank. Same truck I paid $72k in 21' for is now $84k. the $72k truck I paid $54k for the exact same truck in 17'. So in 6 years time, the same exact truck has gone up $32k.
Something is going to have to give somewhere. Either "affordable" trucks like the Ford Maverick are going to become more common place as will Midsize trucks like the Ranger or Colorado, they will stretch vehicle payments out to 10 years or base model trims are going to become much more popular.
I've been around much of the world and the United States and Canada are the only two countries I know of that drive full size vehicles like we do. The rest of the world is rolling around in Land Cruisers, HiLux's and Ford Rangers.
Truck has 110k on it as of today and I'll run it another couple of years before I decide what to do with it...it will have over 200k miles on it at that point. The problem is people are still buying them. 2nd quarter of 2022 Ford sold 158,644 F series trucks. Recently, 2nd quarter of 2023 they sold 212,516. Almost a 34% increase in truck sales year over year.
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Re: New vehicle prices are about to get even worse
[Re: Sniper John]
#8897686
08/08/23 06:21 PM
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Joined: Aug 2005
Posts: 33,552
txtrophy85
THF Celebrity
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THF Celebrity
Joined: Aug 2005
Posts: 33,552 |
Truck prices are ridiculously expensive now.
Was going to trade in next year so went thru the order bank. Same truck I paid $72k in 21' for is now $84k. the $72k truck I paid $54k for the exact same truck in 17'. So in 6 years time, the same exact truck has gone up $32k.
Something is going to have to give somewhere. Either "affordable" trucks like the Ford Maverick are going to become more common place as will Midsize trucks like the Ranger or Colorado, they will stretch vehicle payments out to 10 years or base model trims are going to become much more popular.
I've been around much of the world and the United States and Canada are the only two countries I know of that drive full size vehicles like we do. The rest of the world is rolling around in Land Cruisers, HiLux's and Ford Rangers.
Truck has 110k on it as of today and I'll run it another couple of years before I decide what to do with it...it will have over 200k miles on it at that point. The problem is people are still buying them. 2nd quarter of 2022 Ford sold 158,644 F series trucks. Recently, 2nd quarter of 2023 they sold 212,516. Almost a 34% increase in truck sales year over year. People are still going to need new trucks. Companies still need fleet vehicles and write offs. Its not just consumers buying those trucks, a lot of it is commercial vehicles.
For it is not the quarry that we truly seek, but the adventure.
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Re: New vehicle prices are about to get even worse
[Re: MBTECH85]
#8898077
08/09/23 11:35 AM
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Joined: Nov 2013
Posts: 6,150
soooo
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2013
Posts: 6,150 |
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