Jeep 4xE and Wagoneer release
- Thread starter jeeper
- Start date
The aforementioned sales person also told me that 96 month auto loans are gaining popularity. That makes me want to puke.Just to brake it down a bit:
$100k at 2.99% for 72 months = $1519 per month. I'd rather have a second house. But I have an expensive boat, so I shouldn't be talking.
Its crazy to me how expensive new cars in general are. A new XLT F150 seems to be 20k more than it was 10 years ago when I bought mine new. I think with this trend i'm going to continue to buy 10+ old cars for cash and hope that a market correction happens. But even then used cars are getting stupid expensive as well. But hey lets deflate the dollar even more...... I digress
RockChucker
Well-Known Member
- Location
- Highland
Blows my mind. It seems trucks in general have gone beserk on the used market lately too. I bought my 06 Duramax in 2015 for $23k and the gassers were about $8-10k less. I've been contemplating selling my truck and getting a newer 2014ish gasser because a newer 3/4 or 1 ton truck would be nice and I honestly don't need a diesel...looked at prices and decided it is better to just keep my truck. 130k mile GMs are $30k for a gasser. Mind boggling.
- Location
- Grantsville, Utah
It's not a real Jeep if the exhaust manifold doesn't leak.
This is what most people miss^^^^ Excellent summary.
I’ve been commuting in a Volt since 2015 because the cost per mile is low and my commute is 95 miles per day round trip. I’m able to charge at work most days, but if I can’t I just use gas that day to get home. Saves wear and tear on the truck.
Maintenance is much lower with oil changes every two years or so. My car is approaching 90k miles, but the gas motor only has about 16k miles on it. My previous Gen1 Volt I sold at 135k miles had only 23k on the gas motor. Because most of us operate within a fairly small circle the electric miles just add up faster. Electric regen works so well that my Gen1 brakes were still new at 135k miles.
The 4xe won’t be as efficient, but I’d love to daily something like the 4xe! I’m definitely not going to buy a first year model. It is high on my radar for a future replacement!
I was just reading an article the other day about how Nissan is pushing/incentivizing its dealers to get customers to do their longest financing terms (84+). Dealer gets an extra 1% holdback plus an additional $450.
How does that benefit Nissan? That makes no sense... unless they are trying to get consumers used to considering some kind of "subscription" model. Man, that would be stupid!
RockChucker
Well-Known Member
- Location
- Highland
The automotive subscription model has been around for a long time....I think they call it a lease?
That's just silly
I was thinking the same thing. My oldest sister had a Nissan when I was in high school and my dad would always pick me to steer it when we tow-strapped it to the shop. I have very vivid memories of him yelling at me because I was doing it wrong. In hindsight it's confusing that he always picked me to do it 🤔
Anyways, I vowed to never own one. Is it ridiculous to base my opinion of a manufacturer on experiences from 20 years ago? Maybe. Do I mind being ridiculous? Not at all
That's a good point, but I'm serious after watching that freaky world economics forum video where they say "in the future you will own nothing and you will be happy".The automotive subscription model has been around for a long time....I think they call it a lease?
RockChucker
Well-Known Member
- Location
- Highland
that's a fair point. pretty disconcerting stuff right there.
Here’s the article. They seem to infer that the reason it makes sense for Nissan is because people will buy more expensive vehicles when they do longer financing terms.
www.thedrive.com
Nissan Is Rewarding Dealers for Pushing People Into 84-Month Car Loans: Report
Dealer kickbacks could lead to you getting a worse deal on a new car.
www.thedrive.com