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As a car guy.

Posted on: May 24, 2020 at 22:39:56 CT
Zeaux MU
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It's a good time if you're a person to purchase a car and the value of the car you'd purchase is high enough that the normal incentive doesn't overcome the normal finance charge.

It's not a huge hurdle to climb, but you've got to finance enough to make it make sense versus a normal/good credit union rate.

Otherwise everything is the same and all the deals are window dressing.

The caveat to this whole thing is if the rental car companies start dumping even more than they already are. That will depress late model used car values and likely ripple through the industry to a while in the form of lowered trade values.
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MESSAGE THREAD

Has anyone been doing any car shopping lately? - Nebraska99 STL - 5/24 20:25:13
     Been keeping my eye out for a good project car - MIZ45 MU - 5/25 12:28:08
     Bought a new car in March - mu7176grad MU - 5/25 12:21:34
     RE: Has anyone been doing any car shopping lately? - alstl MU - 5/25 07:41:32
     If you have a trade-in, used car prices are way - Sarazen KC - 5/24 22:57:48
     As a car guy. - Zeaux MU - 5/24 22:39:56
          Pay cash. Screw financing. - HandBanana MU - 5/25 01:15:50
               RE: And yet the richest car family in St Louis leases cars - Legend MU - 5/26 11:07:06
               My car is my office. It has to be decent. I don’t need lan - TigerFan92 MU - 5/25 12:07:08
               If you’re doing it right, you don’t buy at all - Zeaux MU - 5/25 01:49:21
                    Isn't it just transportation? - BigDave MU - 5/25 08:22:31
                    They are a necessary evil, and you're right. Paying - Fred G. Sanford MSU - 5/25 07:48:06
          Interesting truth on the used car side(nm) - TigerFan92 MU - 5/24 23:10:43
          New cars are overpriced, over engineered pieces of - jonesin - 5/24 23:04:19
               Things are worth what people will pay for them - Zeaux MU - 5/24 23:36:39
     got 0% financing on OL's new car - ADelpiero10 MU - 5/24 22:26:59
          I think pickups are actually in short supply with no - Sarazen KC - 5/24 22:56:45
     I've been thinking about it. - Newcatbirdseat MU - 5/24 21:19:39
          When I was looking at pick ups all the ones I wanted were... - BandG MU - 5/24 22:02:12
               cool. What is the tow rating tho?(nm) - TigerFan92 MU - 5/24 23:11:49
               You and I think alike on this. That 3/4 truck will run you - jonesin - 5/24 22:08:46
                    lol no (nm) - TigerNuts KC - 5/25 09:56:08
          Nice. Car will actually appreciate in value. Most people - HandBanana MU - 5/24 21:40:14
               Yes. And don't get me started on taxes for used cars. - jonesin - 5/24 22:06:59
                    Most states give you a tax credit if you trade in. - Zeaux MU - 5/24 22:53:02
     If you didn't drink beer you could have a plane.... - Tigrrrr! MU - 5/24 20:35:19
     should be a great time to buy new(nm) - Erwin Fletcher STL - 5/24 20:32:16




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