There are buyers who will pay almost $74,000 for a new car which may last somewhere between 150,000 and 225,000 miles if properly maintained. They won't keep it more than ten years. That's $7,400 (or more) a year just to own it. Add auto insurance, gas, repairs, maintenance, maybe repair for an accident.

No wonder used cars have increased their price so much.

My brother has a '93 Honda and I have a '94 Audi S4 He also has a Subaru. All these cars either have 300 or closing in on it. maintenance is the key. I'm not saying you are wrong that people will be getting rid of their cars but cars can really last a long time.

I suppose I'm addressing those who don't have Hondas and/or don't do their maintenance. I check my oil once a week as well as the fluids and hoses under the hood. Change the oil every 3,000 miles. Take it in when I see something, hear something, smell something, and/or feel weird vibrations.

IMO, a lot of people literally drive their vehicles into the ground.

This is an American Ford F150 the article is talking about. I'm not sure that will have the lifespan of the typical Toyota, or Honda, which have the highest percent of cars making it in the hundreds of thousands of miles. Maybe Ford's trucks are better than their cars, but many Fords have their catalytic converters fail soon after their warranty ends.

Here in the Bay Area I can name several dealers who will not mark up their cars over MSRP

Another way is just order directly from the factory.

I blame the consumer more than the car dealers

important vehicles

You want it? you pay for it if there are not many around...do your homework..YMMV
m

...don't buy a new car.

We have two cars. One is 21 years old. One is 15 years old. They both get over 45 miles a gallon. We bought them used over 10 years ago. We maintain or repair them when they need it. They both run just fine.

It's called supply AND DEMAND.

Stop buying what the price gougers are selling!

I don't know. I don't have access to the entire article without going through my library. Meanwhile, I'm doing some laundry, Vanguard came through with their 1099s, I have papers to recycle, I'm hungry ...

If I have the time ...

Subthread on cars (#10 and #14 below it) - Warning about "out the door" price quote -- The dealers have a habit of adding on "fees" they "forgot" to add in.. The last dealer I dealt with kept on adding fees for bogus shit. A $300."disposition fee" for the trade in car... I HAD NO TRADE IN.. Your best weapon is to walk out the door if anything looks fishy. Drives them nuts.