That's hillarious.
That's hillarious.
IT wages have been skyrocketing for 40 years. You get paid a lot for very little work. For low quality work as well.Who said wages are stagnant? My wife works as a Technical Recruiter. Salaries for anything IT technical are skyrocketing right now. Almost impossible to find qualified people in higher end positions like architects in cloud or cyber security.
Even at my own work, we are selling more X3M, X5M, M5 and M8 Competitions than low end X1 etc.
The new norm.....pretty sure they enjoy the profit.....
When they have to pay what was retail or above to get something to sell not sure how high the profit is. If these high prices continue after new supply comes back then yes it would be gouging. Hard to imagine car dealers being able to fix prices for long considering how competitive they are.
I had a friend in IT whose job was outsourced to India....Who said wages are stagnant? My wife works as a Technical Recruiter. Salaries for anything IT technical are skyrocketing right now. Almost impossible to find qualified people in higher end positions like architects in cloud or cyber security.
Even at my own work, we are selling more X3M, X5M, M5 and M8 Competitions than low end X1 etc.
You assume other nations are printing as much money as we are? or not having any shortage?Maybe we might stop exporting millions of used/junk cars overseas?
Sadly, it is amazing how many folks will try. Thinking they either “earned it” or “deserve it”. Most folks won’t by what would really get through the times. Proof is when most folks might need nothing more than a sedan, but choose to get a truck or SUV anyways. Short of the need to rent a truck for a big house project, my Equinox can do 95 percent of what I need it to do......I don't see how so many people can pay huge car loans, mortgages etc...on stagnant wages...
For the most part I would agree. My local Chevy Dealer actually lowered the prices of their used stock this week. And should drop lower as new product rolls in. But I am still seeing a few dealerships with their prices up there! This one particular dealership has a 19 Equinox for almost 4 grand more than my local dealership for the same car/miles. So hopefully folks catch on.....When they have to pay what was retail or above to get something to sell not sure how high the profit is. If these high prices continue after new supply comes back then yes it would be gouging. Hard to imagine car dealers being able to fix prices for long considering how competitive they are.
Just checked on Carvana for kicks and they offered $19,630 for our Jetta. Crazy times.
Link?Chip shortage reportedly easing.
Neither can I. What is interesting is that we have one of these, a 2000 RWD, with 60K miles and the 3.9 V6. It's not a very good truck and not one that we would have picked (it's inherited).I literally can't imagine a 2001 Dakota selling for 16K, I would almost need to see the bill of sale to believe it. I just checked and the most expensive early 00's Dakota I could find in Alberta (aka Canada's Texas) was going for under 6K Canadian and even that was overpriced.
Well the FED is signaling inflation in the near term sooo… maybe not.All of today's jacked up prices, I.E. gas, lumber, vehicles, meat, etc, are all temporary. When prices go up like they have people quit buying, then prices HAVE to come back down to normal...
Like I said, everything that's had insane price hikes will see lower sales. Happens every time. Prices go up, people quit buying, prices come back down...it's the ol' supply and demand thing...Well the FED is signaling inflation in the near term sooo… maybe not.
Like I said, everything that's had insane price hikes will see lower sales. Happens every time. Prices go up, people quit buying, prices come back down...it's the ol' supply and demand thing...
True, but people are still buying cars. Even people who don't need a car. They are using inflated values for their trade in as justification.All of today's jacked up prices, I.E. gas, lumber, vehicles, meat, etc, are all temporary. When prices go up like they have people quit buying, then prices HAVE to come back down to normal...