Dr. Doom-Utah based PhD states vehicle prices to collapse

In 1980 it was about 15 million units sold, same as today even though the population is growing. Probably why we are seeing the consumer being pushed away from repairing their vehicle. When I saw circuit boards in the tail lights being controlled by several other modules I knew we were at their mercy. From here on out all they have to do is keep the consumer from having the right to repair.
I fully believe they’re using planned obsolescence as a means to further private agendas controlling public policy.

Appliances like fridges or stoves used to last the life of the buyer in a good amount of instances; now major appliances are breaking down and being replaced faster than one can legally declare bankruptcy twice. Yet, when you look at inflation-adjusted pricing for top-tier appliances today, the adjusted price is almost perfectly in line with old-school pricing.

So the problem isn’t companies being forced to cut corners to compete on price and result in poor quality; it’s profit-driven and a form of control to design necessary items to fail, and repair costs match or exceed the pricing of the “new & improved” model.
 
Average age in the 90's was around 8 years, and now its over 12, accounting for the lower new car sales.

I can totally believe there trying to push it back to 8 - win for them.
At some point it will be two years then off to the scrap yard. I see ownership on everything going away at some point. I won't be around but I'm sure the grandkids will see it. Anyway, enough of my negative attitude, I think I'm going to take a 30 mile drive out to the boonies and enjoy this nice cold day way back away from all signs of modern day civilization. Just me and the coyotes and maybe a chainsaw because I could use another load of wood. 👍
 
I fully believe they’re using planned obsolescence as a means to further private agendas controlling public policy.

Appliances like fridges or stoves used to last the life of the buyer in a good amount of instances; now major appliances are breaking down and being replaced faster than one can legally declare bankruptcy twice. Yet, when you look at inflation-adjusted pricing for top-tier appliances today, the adjusted price is almost perfectly in line with old-school pricing.

So the problem isn’t companies being forced to cut corners to compete on price and result in poor quality; it’s profit-driven and a form of control to design necessary items to fail, and repair costs match or exceed the pricing of the “new & improved” model.
Agreed. After all the profit is pulled from material and labor the only thing left is to design products to fail so sales will increase.
 
I fully believe they’re using planned obsolescence as a means to further private agendas controlling public policy.

Appliances like fridges or stoves used to last the life of the buyer in a good amount of instances; now major appliances are breaking down and being replaced faster than one can legally declare bankruptcy twice. Yet, when you look at inflation-adjusted pricing for top-tier appliances today, the adjusted price is almost perfectly in line with old-school pricing.

So the problem isn’t companies being forced to cut corners to compete on price and result in poor quality; it’s profit-driven and a form of control to design necessary items to fail, and repair costs match or exceed the pricing of the “new & improved” model.
I am not saying your wrong but no one even tries to fix stuff anymore. I have a 12 year old Samsung dryer. Have replaced the heating element 3 times, the rollers once. Some safety switch once. It has survived two daughters, I think it runs nonstop. The washer lasted almost as long and eventually rusted out, replaced it with a Cheap Maytag from Costco. Cheap or high end there just bent sheet metal and some Chinese controls. More or less the same inside.
 
I am not saying your wrong but no one even tries to fix stuff anymore. I have a 12 year old Samsung dryer. Have replaced the heating element 3 times, the rollers once. Some safety switch once. It has survived two daughters, I think it runs nonstop. The washer lasted almost as long and eventually rusted out, replaced it with a Cheap Maytag from Costco. Cheap or high end there just bent sheet metal and some Chinese controls. More or less the same inside.
I do the same thing; Samsung has made me a qualified repair technician. On the washer,
I’ve replaced 3 drain pumps, the drive inverter board (I errantly also replaced the motor during this failure, but never put the original motor back on), and probably some other things. On the dryer I’ve done the heating element three times, the idler/tensioner at least 3 times (but not once since I went to the HD/double ball bearing version), and a couple other things.

In the initial failures of each part, I found many edges of the stampings that were, ahem, not OSHA compliant, and as a result I’ve probably donated almost a pint of blood to Samsung. Now I’m aware of the dangers. Anyhoo, if I add up the total of parts I’ve replaced I’m at about $330-350 thanks to detective work for part numbers and scouring Amazon for the cheapest OEM parts. Oddly enough, the parts from Amazon have lasted longer than the factory parts did! Anyways, $350 over 11 years ain’t terrible, it ain’t great, but that’s the cost of a single Samsung-solicited service call for parts & labor, and about 1/3 the cost of a new machine.

I agree, DIY repairs on these things may be inconvenient, but if you have 3-4 specific spares on hand you can have it back up and running for just about any failure in 45 minutes or less. And the only thing you normally need to fix these is the part, a Phillips screwdriver, and IIRC, a 10 & 12mm wrench or ratchet. Easy money savings!
 
eventually rusted out, replaced it with a Cheap Maytag from Costco. Cheap or high end there just bent sheet metal and some Chinese controls. More or less the same inside.
I think, potentially, that once these finally get more expensive or frequent failures, I may buy some SpeedQueens. Usually the “industrial” versions should last the rest of my lifetime if they live up to their reputation. I know they’re salty, but spare parts and personal time spent repairing appliances is a cost as well!
 
  • Like
Reactions: WDB
I think, potentially, that once these finally get more expensive or frequent failures, I may buy some SpeedQueens. Usually the “industrial” versions should last the rest of my lifetime if they live up to their reputation. I know they’re salty, but spare parts and personal time spent repairing appliances is a cost as well!
I think a true speed queen commercial is several thousand dollars - so pay me now or pay me later. I think they sell cheaper ones also now - but are those truly better than the traditional homeowner brands?

You used to be able to hire appliance repair. No more? But yes, just like a car, some trade in every few years so they don't have issues, some buy extended warranties or pay others, and some fix.
 
I think a true speed queen commercial is several thousand dollars - so pay me now or pay me later. I think they sell cheaper ones also now - but are those truly better than the traditional homeowner brands?

You used to be able to hire appliance repair. No more? But yes, just like a car, some trade in every few years so they don't have issues, some buy extended warranties or pay others, and some fix.
As they say with Trophy Wives, “it’s cheaper to keep her…” 🤭
 
As long as they keep making new cars i will keep buying them. I am 66 yoa and plan on at least 10 or 15 more new cars.
 
I think, potentially, that once these finally get more expensive or frequent failures, I may buy some SpeedQueens. Usually the “industrial” versions should last the rest of my lifetime if they live up to their reputation. I know they’re salty, but spare parts and personal time spent repairing appliances is a cost as well!
That is what I did, bought Speed Queen washer and dryer. I'm so happy with them, I will not even consider another brand. (if I needed to buy again).
 
That is what I did, bought Speed Queen washer and dryer. I'm so happy with them, I will not even consider another brand. (if I needed to buy again).

Speed Queen….great products

8 YO and running great

NG dryer. Believe they were $2200 then for the pair

IMG_0314.webp
 
I buy the cheapest new car that fulfills my requirements, pay cash for it, and avoid the dealership like the plague. Only go there for warranty and recall work. DIY and independent garages for maintenance and repairs. Drive it 5-6 years then repeat process. No worries.
 
I love the Subaru dealership model because I know how to exploit how that specific brand operates at the dealership level from having worked for the company at multiple dealerships in different regions.
Do tell! Any tips?
 
How is a Youtuber based in Cheyenne, Wyoming, 'Utah Based'?

I recall seeing one of his videos titled "No Ragrets", and knew he wasn't a rocket surgeon...
Assumption as the video was filmed at what I believe was a Utah based mega new car dealer.
 
I’ve bought my last 4 vehicles thru Carvana and sold 2 vehicles to them. Their descriptions and defects in each vehicle were spot on and 100% truthful, and the buying process is so streamlined it takes less than 20 minutes for everything to complete the purchase.

On the vehicles I sold to them, not only was their sight-unseen appraisal offer more than generous, I actually made money back on one of the vehicles I bought from them a year and a half before!

With how clean, simple, and efficient the Carvana process is, I’m never going back to another dealership for any vehicle purchases. There’s no slimy, pushy salesmen; no scummy finance manager; no shady “add-ons” or sneaky ways they’re stealing additional money from you.

Conventional car dealers can wither and die for all I care, but no offense to any members who work there. There are some good people at dealerships but unfortunately they are the microscopic minority.
Carvana unfortunately made a really poor bet used car prices would remain high and has had a $5.3B loss recently.
 
Where in the US are Toyota's sitting on the lot? Surely not around here, or anywhere anyone I have interacted with is from.
 
Back
Top Bottom