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-   -   ...So when IS the automobile market going to recover? (https://www.revscene.net/forums/717464-so-when-automobile-market-going-recover.html)

Acura604 02-02-2022 12:10 PM

...So when IS the automobile market going to recover?
 

its crazy..affecting pretty much all brands.

320icar 02-02-2022 12:51 PM

It isn’t. I hope y’all’r rich or already got cars you want to keep for a long while

Spectre_Cdn 02-02-2022 01:04 PM

It’s ok, it’ll be at least a couple years until the next RDX Kappa

bcrdukes 02-02-2022 01:40 PM

I'm more disappointed Acura604 hasn't purchased new wheels and asked us which set to go with.

Great68 02-02-2022 01:56 PM

Man. I feel like I lucked out in timing when I bought my last two cars. The MS3 on the heels of the great recession, heavily discounted from the dealership.
My F150, 2019 just before these massive price jumps on trucks in the last couple years.

forcedot 02-02-2022 02:59 PM

My guess is the chips will start to catch up by mid summer. By end of year, the supply will hopefully catch up to the demand of everyone waiting to buy.

Computer graphic cards on the other hand, will likely be next year.

Eff-1 02-02-2022 03:24 PM

13 minutes long?? :fuckthatshit:

JDMDreams 02-02-2022 06:08 PM

I thought ppl where saying basically there is no shortage cuz inventory is all in people's driveways already and there might be a over supply. And there's gonna be a cliff when supply comes in and everyone dumps their used cars.

I guess also when rates go up. I mean isn't Toyota at like 4.99% right now?

And yea I dumped most of my car collection too and at least broke even if not made money on the last 6 cars I sold since the pandemic. :notbad: considering I've been losing money on cars all these years

forcedot 02-02-2022 06:32 PM

Quote:

Originally Posted by JDMDreams (Post 9053075)
I thought ppl where saying basically there is no shortage cuz inventory is all in people's driveways already and there might be a over supply. And there's gonna be a cliff when supply comes in and everyone dumps their used cars.

I guess also when rates go up. I mean isn't Toyota at like 4.99% right now?

And yea I dumped most of my car collection too and at least broke even if not made money on the last 6 cars I sold since the pandemic. :notbad: considering I've been losing money on cars all these years


They can do higher rates when there's no supply and they sell cars no problem, I was told open road Toyota basically shut down because they had no new inventory.

I ended up selling 3 cars during the pandemic, made money on 2 and broke even on the other. I'll be waiting until supply returns to normal before buying again.

Hondaracer 02-03-2022 06:41 AM

Quote:

Originally Posted by Great68 (Post 9053043)
Man. I feel like I lucked out in timing when I bought my last two cars. The MS3 on the heels of the great recession, heavily discounted from the dealership.
My F150, 2019 just before these massive price jumps on trucks in the last couple years.

My uncle just paid 100k for a 2022 Lariat..

!Aznboi128 02-03-2022 06:59 AM

Quote:

Originally Posted by Hondaracer (Post 9053110)
My uncle just paid 100k for a 2022 Lariat..

I hope that had all the options.

trollface 02-03-2022 07:04 AM

Quote:

Originally Posted by bcrdukes (Post 9053041)
I'm more disappointed Acura604 hasn't purchased new wheels and asked us which set to go with.

Wheel shortage.

Hondaracer 02-03-2022 07:59 AM

Quote:

Originally Posted by !Aznboi128 (Post 9053113)
I hope that had all the options.

Yea.. basically every option from the factory and then every option the dealer could sell him.. dat divorce stress :pokerface: lol

donk. 02-03-2022 08:03 AM

When is the housing market going to recover

Spoiler!

twitchyzero 02-03-2022 08:30 AM

Quote:

Price is $18,000 and the seller states he won't take a penny less than asking. This seems like the norm from what I've gathered. What happened to negotiating. These owners are overvaluing the car like it's a collectible. I would be happy to buy one in the 9-12k range but $18k is absurd. Why can't owners be more realistic with pricing? 18K is S2K territory
2015 page 1 of type r thread

EvoFire 02-03-2022 10:23 AM

Industry experts say the earliest is Q1 of 2023. Perhaps even longer. Production supply for chips takes time to catch up.
Problem is the manufacturers and dealers have had such a good run not having to give discounts, selling everything they make, and reaping in huge profits on just making more expensive vehicles, I'm not sure it would go back to where the world was a few years ago.

trollface 02-03-2022 10:44 AM

So experts say it could be next year or maybe not.

Thanks, experts.

MarkyMark 02-03-2022 11:08 AM

Quote:

Originally Posted by Hondaracer (Post 9053110)
My uncle just paid 100k for a 2022 Lariat..

So he paid for a fully loaded Limited and left with a Lariat lol, I'm going to hang onto my truck as long as I can.

Acura604 02-03-2022 12:21 PM

Quote:

Originally Posted by bcrdukes (Post 9053041)
I'm more disappointed Acura604 hasn't purchased new wheels and asked us which set to go with.

well...here's the thing... back in the day...my acuras were all really sitting on 17s or 18s. and there's such a variety of those sizes...i went insane wanting the perfect wheel...

so insane..that...on the 2017 RDX ELITE... i was so grossed out by stock wheels i went to desperate measures with plastidip to make them look 'sharper'...

...look at these...wtf ... (stock)
https://i.imgur.com/ZuOUD7e.jpg

so...with a bit of creativity and DIP..
https://i.imgur.com/WwWJ8Nu.jpg
https://i.imgur.com/p2ZHlbl.jpg


but alas...here I am with a 2021 RDX A-Spec...this thing has massive 20" wheels that actually look great! not to mention my 18" winter wheels look fabulous also - soooo...i'm at a point where there's simply no reason to shop for a different look....call me 'content'.

https://i.imgur.com/nE7cySG.jpg

JDMDreams 02-03-2022 12:29 PM

Look at that line of wheel weights, you need some 25mm spacers at least :lawl:

Hondaracer 02-03-2022 02:37 PM

Quote:

Originally Posted by MarkyMark (Post 9053162)
So he paid for a fully loaded Limited and left with a Lariat lol, I'm going to hang onto my truck as long as I can.

That’s what I said, why did you not buy the limited. No availability apparently.

I mentioned this before but a family friend bought a pair of brand new top of the line snowmobiles from Ski-doo, they have a blank insert where the gauges are suppose to be because of the chip shortage..

68style 02-03-2022 03:19 PM

Uhm... the stock elite wheels look a lot better than the painted ones... it's like an old 90's black and white tuxedo now

bcrdukes 02-03-2022 05:15 PM

Quote:

Originally Posted by Acura604 (Post 9053180)
well...here's the thing... back in the day...my acuras were all really sitting on 17s or 18s. and there's such a variety of those sizes...i went insane wanting the perfect wheel...

so insane..that...on the 2017 RDX ELITE... i was so grossed out by stock wheels i went to desperate measures with plastidip to make them look 'sharper'...
...Edited

but alas...here I am with a 2021 RDX A-Spec...this thing has massive 20" wheels that actually look great! not to mention my 18" winter wheels look fabulous also - soooo...i'm at a point where there's simply no reason to shop for a different look....call me 'content'.

Thank goodness you've brought back some sanity to the forums. :sweetjesus:

white rocket 02-04-2022 09:59 AM

Third or fourth quarter of 2023 is what most are saying at the dealership fleet department level. We are in the thick of it now so it'll be a slow trickle for another year and a bit with steady improvement as we move forward. All hearsay I suppose but that's what people are saying.

Another factor is manufacturers building lower trim levels so they can concentrate on volume. This might speak to Hondaracer's uncle. The more options it has, the more chips needed. I tried to order a new Escalade 3.0 diesel top trim and they said a 2 year wait minimum; but ordering a base model with the gas motor and it's a 6 month wait. Same with Ford trucks. I have a couple 2022 F150 Lightnings are order and they had to be XLT trims to qualify for fleet. The Lariat and Platinum trims are reserve for those blowing Ford Corp higher ups.

EvoFire is bang on too. Zero discounts, refusing to sell for cash and forcing people to finance, asking 20% over MSRP for 1 to 2 year old vehicles; it's all so crazy. It makes more sense to buy new at sticker price then to entertain a 2021 or 2020 pre-owned in this market. But then you have to wait months since there is no stock and everything sitting is for someone who has been waiting.

So this begs the big question; when is the ball going to drop? More gradual as supply increases perhaps? I'm wonder what the 2008 financial crisis will be this time around. Something is coming, but what? And when? A bit more of a broad topic than just the auto industry but worth a discussion in here I feel.

trollface 02-04-2022 10:08 AM

Lol @ the suckers paying 20% over MSRP lol


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