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Is the bubble bursting in the US auto market? 2016 was a rec

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Is the bubble bursting in the US auto market? 2016 was a record year for sales, with 17.5 million vehicles sold. It was one of the biggest "bright spots" in the economy. But sales have been sinking in 2017, and the average age of buyers has soared to 50 - the highest in history. Why are younger people opting out of the car market, and what are the implications for the economy as a whole?

http://www.bbc.com/news/business-40523171
>>
seems like it all the new cars are in the ghetto
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>>133552229
What the fuck am I looking at? Car got rear ended by a van filled with sea cucumbers?
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>>133552229
3 year leases they'll be back up in 2018
>>
New cars are plastic boxes. The "classic car" remakes that are also shit designs are only driven by ghetto niggers. Cars are shit nowadays

/thread
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>>133552229
yes goyim,autoloan,automarket,housing market, and stock market are all taking a blow give me a you and ill give you an answer
>>
>why don't millennials X
because we're poor and indebted to the wall streets kikes
>>
>>133552229
>>133552749
They're the same as last year's model, buy an old car an YouTube how to fix it when it breaks.
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>>133552229
What the fuck is this image
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>>133552627
A truck carrying live hagfish overturned on a highway in Oregon and slimed a bunch of cars:

http://katu.com/news/local/oregon-state-police-eel-truck-overturns-on-hwy-101-apparently-covering-road-in-slime
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>>133552229
What's up with all these crossover pieces of shit? They don't even have tow hitches to pull my cuck shed.
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>>133552229
Fuck the business news I want to read about being rear-ended by an eel tanker
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>>133552925
tfw no you
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>>133553550
Oh shit, thanks >>133553299
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>>133552749
I was thinking. Why don't car companies do limited run releases of classic cars? Like a niche market. I think people would buy them. Is the biggest problem getting around EPA faggotry?
>>
>>133553412
The whole "small house" thing seems like such a pretentious way of pretending that you're not living in a mobile home trailer.
>>
Reminder that if you are not driving a Mercedes-Benz (or equivalent/higher) you are inferior.
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>>133553726
Ya but have you seen the interior of some of those luxury RVs? Beats the shit out of most typical apartments.
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>>133552229
Young people are no longer falling for the new car meme and would rather get an older car that actually works.
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>>133553724
They could emulate the style, but car manufacturers nowadays don't make many of their own components; they source them from third-party suppliers.

The suppliers who fabricated the components for a lot of older vehicles have long-since gone out of business or merged with other companies, and the machine tool plans to make those components are often lost.
>>
The price inflation in vehicles has been outrageous over the last decade. And the financing has also been way too easy. I dont think its going to be a full on economic crisis but something has to give here.
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>>133552342

Large influx of repos incoming
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>>133552749

The automotive equivalent of a fudd

MUH STEEL CAR
>>
Obama gutted the used car market with cash for clunkers. The cars people brought in had sodium silicate (liquid glass) ran in the engine.

Im pretty sure they crushed the cars too. Thats why you never find anything cool at the junkyard.

Anyways yeah the bubble is bursting cause now the used car maket has built back up
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>>133553881
>Mercedes-Benz
As privileged as I felt to own four AMGs, The Tesla S P85D is my favorite fucking car ever.

That being said if Tesla really does make self driving cars work, car ownership might very well fall by the wayside. Why buy when you can use an app to bring a ride to you.
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>>133552229
New cars/trucks are not worth the money. I usually buy my wife a new vehicle every 3 years or so since 2000. Not happening this year. I also need a new truck but I'm looking at a mortgage payment for a stupid truck.

I'm better off keeping her in the vehicle she is in (2014), keeping my old worn out truck and just hope prices eventually make sense. 80+g for a 1 ton is insane.
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>>133552229
Car sales skyrocket ever 10 to 15 years.. for a year period. Because cars get old and break down.
>>
Because I'm okay with driving a 20 year old Honda that is good on gas if it means I have more money to spend on traveling, cameras and computers
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>tfw I have to get a new lease or buy the current one out in six weeks
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>>133552229
you don't really need a car and house when you live in the city
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>>133553038
the solution is depopulation.
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>>133552229
Owner-driven cars won't even be a thing except as a hobby in 10 years.

Millennials know this and are opting out of the whole car buying/car license/car loan game, while older folks are buying cars faster than ever as their disposable income increases before retirement.

The whole auto industry will be nuked by self-driving cars. Well need 1/10 the fleet we have now, and not only will it unemploy people in the auto industry, but even more devastatingly those who drive for a living.

This will make universal basic income inevitable and faster than most think.
>>
>>133557009
This
Hondas last 200k+ miles. As long as you maintain it well and don't crash.
>>
>>133557880

Universal basic income will become a necessity when they automate the trucking industry. It's the countries largest employee sector and when that goes we're fucked
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>>133557880
the end goal is to ween off cars altogether. the rush hour traffic jam doesn't help anybody
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>>133553724
Replica kit cars are a thing.
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>>133558110
they will try to make the truckers do other type of crap jobs for cheap
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>>133552229
I have never, will never buy a new car. Craigslist all the way for me. Fuck dealerships
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>>133552229
I buy used cars mate. Only older people with money can afford to buy those cars.
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>>133558052
A particular brand of manufacture has been less of an issue since the mid 80's. I've got a '91 chevy nearing .5 million miles. Maintenance is the key issue.
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>>133556458
>Why buy when you can use an app to bring a ride to you.

because if the power goes out, the internet goes down, tesla has a problem, i can't use my bank account for whatever reason, or there's a major event going on, i can't go anywhere.

>>133558110
>Universal basic income will become a necessity when they automate the trucking industry.
you're buying into zuckerberg's communist bullshit. he's going to promise UBI in 2020. just wait.
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>>133552229
Younger people are opting out of cars because they don't have any fucking money you dipshit.
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>>133553724
See:
Superformance MkIII (Shelby Cobra)
Superformance GT40
Superformance Grand Sport (Corvette Grand Sport)
Superformance Shelby Cobra Daytona Coupe CSX9000

Jaguar E-Type Lightweight (They are making six new ones, costs $4m though)
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>>133552229
Don't know for certain but I work for one of the largest private financial companies in the world who have a significantly good record when it comes to predicting problems in the market and has been seriously preparing for something in 2018. They won't really let us know what exactly what we are preparing for but many internally are speculating it is related to the auto market. Our budgets are cut, people have been laid off, significant reorgs have occurred all in preparation for something big and preparations for 2018 started in late 2015.
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>>133552229
As others have said, buying a new car is just stupid anyway. The ultimate answer, though, is the fact that we just don't have the fucking money!
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>>133552749
>/threading your own posts
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>>133558821
Who's fault is that?

>muh the boomers

I'm not a boomer and I can afford a new one, the point is having enough sense to know when to buy new and when to not.
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>>133552749
I bought an old Silverado from the 90's. Had it sandblasted and repainted. Put a new engine in it, replaced the coolant system. Saved a ton of money. No fancy gadgets or electronic overrides. Nothing to spy on me. I feel good about my purchase and I didn't have to drop $30k for a newer model.
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>>133552229
>Why are younger people opting out of the car market,
their cars suck shit.

> and what are the implications for the economy as a whole?
reduced car industry in america.

they might just move to other countries instead but that comes with a new set of problems.
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>>133552229

Bought a new Wrangler (JK) a few years ago, I know it's not as good as the GOAT 4.0 TJ but my wife wanted something with airbags for the kids and I had a $500/mo car stipend to blow. Really capable vehicle though, no big issues.
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>>133559109
You sir, made a fine investment.
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>>133553299
>wondering to myself how the fuck do they clean that up?
>notice it's a video
>click
>bulldozing live hagfish down the 101
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>>133552229
>Why are younger people opting out of the car market
No fucking money! Why do you retards make these same damn threads every day?

>why don't millenials buy cars
>why don't millenials buy houses
>why don't millenials have children

Because we don't have any fucking money!

t. 24 year old making $60K with no debt who loses 25% of his income to fucking taxes
>>
>>133552229
>Is the bubble bursting in the US auto market?

Yes, but the auto parts market will be hit even worse.
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>>133552229
Whoah. Only people above the age of 50 can afford new cars. Who would've fucking guessed??
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>>133559599
It was obvious early this year. Auto market is going through a huge point of turmoil and new tech isn't impressive in conventional cars.

Having any money in auto market is stupid right now investment wise and buying a new car is a big mistake.

Cars are going to becoming higher tech/software in terms of autonomous/assisted driving which will save you on insurance. It would be dumb as fuck to pay max price for a new car in this market unless it is a recreational purchase (jeep/offroading/towing something etc)
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>>133552229

They're like 5 years in to some of the coolest shit they have ever made. All 3.
Its like doing hookers and blow in Vegas for half a decade but now its time to settle down and make a fat girl out of some broad you knew in high school.
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>>133558750
Either UBI or some sort of post-scarcity meritocracy has to start or automation and AI need to be banned. Capitalism can't survive if you get rid of the proletariat.
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>>133553299
Is there a market for hagfish I didn't know about? Any Ching Chongs on this thread?
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>>133553724
chevy camaro and ford mustang just did this! dodge charger and challenger are doing this now!
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Because driving is dead. No one drives anymore. Car companies can't make rolling entertainment bubbles and include the responsibility of observing where it goes.

That is why automated driving will be meme'd into existence. Youngins will gladly give up what they don't cherish. Why stare at the road when you can tweet? Why maintain a piece of metal that depreciates faster than your degree? Why be responsible for running over pedestrians while you fight big pharma?

That's why I'm taking to the skies. Flight is the last great frontier.
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>>133555359
yes about the cash for clunkers, there is a missing generation of used affordable cars now (also VW buyback cars, they still cannot use)

I got a zero down 7 year loan on a brand new charger last year. I have the ways and means to pay i just didnt have alot of liquid cash on hand so it made sense for me to get this loan then refinance when I had more cash in hand. Whats scary is the new default loan on a car is 7 YEARS!
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>>133559244
no big issue? its a jeep, just wait...
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>>133560563
financial expert

Cars are dying, automation is the future of driving.

It's like buying a flip phone the year before smart phones come out and paying $3000 for it. everyone getting 7 year loans on cars are going to feel like complete shitheads soon. Especially if the car is not equipped for assisted driving.
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Cars can't be cheap anymore because they're too complex.
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>>133552229
Opting out of the *new* car market. Younger people are wising up to the new-car Jew.
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>>133558110
What will be REALLY destabilizing is that driving is an even bigger share of employment outside of the first world. It'll certainly take longer for self-driving cars to catch on in development economies, and there will likely be legislation against them there, but I'd guesstimate that half of men in most developing countries who aren't farmers drive for a living. Those countries don't have the wherewithal to implement universal basic income, plus it'd be extra socially corrosive there.
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>>133560061
you need to be engaged in the automation, otherwise you are shut out off the future
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>>133559662
Why?

If car sales go down then the fleet will age = more parts and work for mechanjca.
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>>133560179
the article I read said they were going to be smuggled to north korea
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>>133561028
yes! alot of these new cars are level 1 and 2 of autonomous, and possess the hardware to be one over the air update away from level 3-5. I think alot has to do with how stupid people are going to be with this new technology! but its coming and cant be here fast enough
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>>133552229
Cost makes it better to get a used car from the 90s or early 2000s than to buy a new car.

Younger people also live in the inner city more than the suburbs. Wife and I didn't own a car while living in the Inner West of Sydney, why? Public transport links here pretty good and traffic congestion made driving anywhere shit. We only bought a new car once we moved into our own home, out of the City area.

Is this a burger phenomenon too?
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>>133552749
Do you really want to be in a steel deathtrap? Not all cars are shit only American cars are.
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>>133560179
Pretty sure it's been good eating in the minds of Japs for quite a while.
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>>133552229

Think of how many new cars are being churned out per day

Think of how many cars are "shredded" or destroyed per day

There is a massive imbalance here and it isn't sustainable in any way. The cheaper new car get, the cheaper perfectly good older cars get. Plus the older cars just keep piling up
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>>133561852
Millennials LOVE living in cities just as much as their parents LOVE the suburbs. This seems to be a first-world-wide phenomenon.
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>>133559058
it's not really anybodys fault desu, millenials have different priorities - if they had such a problem being poor they would work harder
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>>133561786
>and cant be here fast enough

Get out of my gene pool
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>Why does a generation where the average income is less than 30,000 not want to buy cars, houses and other expensive shit

Hmmmm
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>>133552229
If 2016 was a record year in sales, maybe 2017 sales are down because a lot of fucking people just bought cars
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>>133561961
New cars don't succumb to rust like old cars did, but new cars also have a lot of expensive electronics that aren't worth replacing as the car gets old, leading to mechanically good cars being scrapped.
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>>133560447
Driving is a huge waste of time, there is no point in spending years of your life behind a wheel if the option to not do so is available.
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>>133562045
How could anybody love living in the city? How the fuck?
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>>133562233
Toyota would be out of business then according to your logic since people hang on to their Toyotas for a very long long time.
>>
I'm about to switch cars

I usually drive luxury models w options but this time around I really want something cheap especially without touch screens or wheels in the console to control that screen. I just want buttons and a radio.

I think society will
Soon get tired of the bells and whistles and flip to utilitarian over luxury
>>
Boomers know dam right they aren't going to be able to pay a car off before they die so they will fuck us one last time
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>>133562202
2017 sales are down because everybody knows 2018 had some automobile manufacturers completely redesigning some of their cars like Toyota with their Camry.
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>>133562390
it's easy
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>>133552229
2016 was a record sales year so why would 2017 not be lower if everyone just bought new fucking cars last year?
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>>133552229

>Younger people have shit credit
>Younger people have no savings

Therefore, younger people can't afford to buy cars the way older people can because, Millennials in particular are the fucking WORST with how they manage their finances.

If you're 30 and don't have at least $25k in savings and small investments, you fucked up in life.
>>
>>133562202
yes
>>133562233
what the actual fuck are you talking about! electronics? like electronic windows? yeah its a bitch and costs a little bit of money but you can replace them in an afternoon with the help of google. Or are you actually talking about a new car's computer system going bad, which I have never ever heard of and I frequent alot of auto blogs and message boards. but seriously tell me about these new cars
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>>133552229
>Why are younger people opting out of the car market

I make $11/hour and a new car costs $30,000.
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>>133558750
>because if the power goes out, the internet goes down, tesla has a problem, i can't use my bank account for whatever reason, or there's a major event going on, i can't go anywhere.

This is already true if there's a snowstorm or an earthquake. If you seriously can't handle being holed up for a couple of days your problem is not having too few vehicles laying around your driveway.
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>>133562520
redesigns aren't worth waiting for IMO
it takes a few years for them to work bugs out, even in the most reputable companies late model designs a best
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>>133560179
Chingchongs don't eat that shit but Koreans love em and it's also found in some Portuguese dishes.
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>>133562701
if the power goes out then how will gas pumps work?
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>>133562390
and they like to "be in touch with everyone" stuff like that
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>>133562450
A mid-range car today is nicer in every way than a luxury car from 10 years ago.

Look at the latest crop of Mazda interiors for example: you'd swear you were in a BMW only the car costs half as much.
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>>133553881
>M*rcedes
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>>133557880
The amount of millenials thinking that will happen is small, and in 20 years not even 50% of cars will be automated, i dont know where you get your numbers.
It is a danger for all truckers tho, i agree on that
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>>133563088
>It is a danger for all truckers tho, i agree on that

simpsons already memed about this about 20 years back, where the truckers had this "secret" a little black box actually does all their driving
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>>133552229
car prices have inflated way beyond anything reasonable the last two decades. People are poor and tapped out financially and can't go and get a fucking mortgage to get a new car. Then came the advent of new super extended 'car loans' in order to lower the payments and thus put everyone into an overpriced vehicle. People should not be paying for a new car for 6-10 years it's fucking ridiculous. Even once cheap cars have absolutely jacked up the prices and companies no longer offer basic stripped down models without power everything that make them more economical. Car manufacturers have made there own bed let them suffocate in it
>>
>>133563237
https://www.youtube.com/watch?v=xq7CnsZzEEM
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>>133563088
Even if they cost 100k each self driving cars will CREAM the car market, since fleet providers will supply them as a service and they'll work out far cheaper than owning a car since they'll be driving all the time (vs a self-owned car which sits depreciating uselessly 95% of the time).

Even if it wasn't cheaper (it will be) most people, certainly most millenials, prefer being driving to driving: they can play on their phones, sleep, be drunk...
>>
>>133563088
i dont understand how trains dont fill the role of long distance trucking and how robotic trucks will be more efficient
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>>133562390
Le city culture (degenerates, vagrants, homeless people, muggings, nigs, etc)
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>>133555359
CFC was many years ago in 2009. Most vehicles affected would be crushed by now anyway and it didn't take out a uniform "generation" of vehicles.

I worked salvage auctions during CFC and it was wonderful for spare parts. Noobs don't realise used car prices rise with inflation and new car prices.

Kinda like Gramps bitching about gas prices being two dollars a gallon when it was sixty cents in his youth and not factoring for inflation.

Junkyards routinely crush everything over ten years old except trucks and a few highly desirable cars. Old shit takes up space and is usually thrashed. Standard is anything over 100 hulks is worth calling in a mobile crusher after the cats and cores are removed. "Anything cool" gets sold. Salvage yards are nearly all online and some are on Ebay. Vehicles taking up space make no profit.
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>>133562695

Fact: the used car market is drying up this summer as well, my bro-in-law works on a lot selling used vehicles, said it's the worst year in the decade he's been doing it.

Even the $2k clunkers aren't selling now. And everyone can afford that shit if they don't spend their money like literal retards.
>>
>>133563411
It's regulation. All those electronic gizmos are required for safety and emissions rules.

There are still stripped-out cars sold in non-western markets for cheap: you can get a new Dacia for like 8k or whatever.
>>
>>133563573
it's much less efficient if we're looking at resources consumed. The only reason truck driving on routes that could be done by train is the easy entry to market.
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>>133562390
It's the only place you can find work in burgerland

>>133563411
Spot on
Wolfstreet has been covering this for a while now

http://wolfstreet.com/2017/07/13/houston-recovery-auto-sales-crash/
>>
>>133559109
Great fucking trucks! Keep the sheet metal from rusting and the rest is fucking gravy. You can swap in heavier suspension and brakes from the C-20 and C-30 if you ever need to haul heavy shit. Those years are a bolt-on wet dream.
>>
>>133563836
so you're saying its a short term inefficient solution that relies on economic infrastructure over physical long term infrastructure
>>
>>133562782

suck the gas out like they did in the oil crisis?
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>>133563696
hey bro there used to be junkyards everywhere! i remember 18-19 years my father and I would head down to the local one and pull off a part and fix our cars, now you cant find one anywhere...
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>>133552229
modern cars are gay af. i wouldn't even be interested in a modern ferrari if you gave it to me. no manual transmissions, tcs everywhere, lane control and general iphone generation gayness. give me mechanical or give me death. REEEEEEEE
>>
>>133559662
>Yes, but the auto parts market will be hit even worse.

It doesn't work that way. (I've lived through more than one recession and I'm a mechanic.) When people hang onto vehicles that sells parts aplenty. It's good for the service sector too.
>>
>>133553038
Nah,y'all are just a bunch a "life's not fair" pissbabies who don't try.
>>
>>133564004
yes
there's always a ton of beggers and people looking for a job so if there's a way to make them do something at very low efficiency, it's often still what people end up doing, especially if nobody is responsible for a project building the long term infrastructure
>>
>>133552229
I'm sure VW sales factor into that equation a lot. VW had to buy back all their recently made diesel cars in the US because of their emission scam. I think a lot of younger opt to lease instead of buy because they see it as cheaper in the long run.
>>
>>133563559

>pay 10k for a good car that can last decades
>pay 15 bucks to get around every day for the rest of my life

Even if it wasn't cheaper (it wont* be)
>>
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>>133557880
You can take the internal combustion engine from my cold dead hands commies.

Also ancient Honda master race. Has literally never let me down.
>>
>>133564120
eBay.

Don't own a car, but I'm always buying used motorcycle parts on eBay it's a buyers market you can find anything and 99% of the time it's people who scrap full time selling.
>>
>>133563730
>New vehicle sales plummeted 26% in June from a year ago, with car sales getting totally crushed and even trucks sales plunging.
>For the 12-month period through June, auto dealers sold 284,085 new vehicles, down 16.8% from the same period last year, and down 25% from the levels in late 2015 and early 2016
>the Houston Purchasing Managers Index, at 51.8 in June, has been in growth mode (above 50) for months
>new vehicle sales declined 3% in June, the sixth month in a row of year-over-year declines. They’re down 2.1% year-to-date despite record incentives that desperate automakers threw at the market.

tdlr, Auto market is completely fucked. I wouldn't be surprised if one of the Auto makers goes under and needs a new bailout

>>133564273
This has been year after year decline in auto sales, it's not just VW buying back
>>
>>133564181
old term analogy would be runners, you can start right now, many people can do it, and it's not really efficient, but there will be many runners if there are many people looking for a job
>>
>>133564366
Which other manufacturer is buying back their own shitty/illegal cars?
>>
>>133564181
its a shame things like property tax and income tax are obligatory and we have a system that glorifies consumerism over independence otherwise maybe these beggars might be able to just live off the land like real human beings
>>
>>133564273
>I think a lot of younger opt to lease instead of buy because they see it as cheaper in the long run.

Nobody believes this. You would have to do math to even make the comparison, and the claim that a bulk of millenials are all voluntarily doing calculations and then getting them wrong in the same way is absurd. Leasing is ludicrously more expensive in almost all cases.
>>
>>133563573
>i dont understand how trains dont fill the role of long distance trucking and how robotic trucks will be more efficient

You know nothing about transport or the rail network. Rail doesn't do last mile and cannot be easily rerouted by a dispatcher.

Of course robotruckfanbois think the only thing a trucker does is drive so the subject isn't worth discussing with them.
>>
>>133553726
This.
>>
Cars today are %85 1984 tier government controlled computers and %15 car
>>
>>133562520
Post yfw the new camry will have 300hp
>>
The real issue can simply be boiled down to stagnant wages, massive inflation of car prices, and the average American consumer, regardless of generation, has a shit load of debt already
>>
>>133564622
you know that last mile isnt going to be done by robotics either right? particularly since many destination addresses can be on square miles worth of acres?
>>
>>133564120
Scrap got high and that wiped out the old salvage yards. China was banging before the Recession and they buy a lot of our scrap metal.

After the demand slumped some scrapyards actually closed. I got less than 65 bucks and an apology from my local yard a year ago for a Lumina I dragged in. It was free so no problem.

The market is cyclic. The whole used vehicle food chain is interesting. Copart and other dealer auctions move used product to where it will sell and sell organ donors to salvage yards. They salvage parts then send hulls to the shredder thence overseas or locally to a steel mill and the process repeats.
>>
>>133564982
They can switch to more specific coordinates and will have to. The tricky part will be fucked up loading docks at the end of convoluted back roads.
>>
>>133564281
A 10k car is old and requires upkeep most people don't want to deal with, plus it's a big financial unknown (maybe it lasts a decade with regular maintenance, maybe it blows up tomorrow).

And I think people will be shocked by how little car-as-a-service plans cost.

With the cars driving all the time the upfront cost of them will amount to nearly nothing in the long run (look at commercial airplanes: even costing tens of millions over their lifetimes the cost of the vehicle is a rounding error on your ticket). Maintenance and cleaning will be done on a fleet level which means big economies of scale (fraction of what it costs a consumer at a car wash and mechanic at full retail). And the services will be intelligent enough to plan routes to automatically 'carpool' people and keep cars full as much as possible.

Basically, you'll just be paying for gas and a profit margin for the company providing the ride. Much the same as the modern airline industry you're mostly just paying for gas with an economy ticket on a cheap airline.
>>
>>133562390
It's where all the jobs are and things to do if you're not a hick.
>>
>>133564622
>Of course robotruckfanbois think the only thing a trucker does is drive so the subject isn't worth discussing with them.

Between cities this is absolutely all that truckers do. You can have depots a couple miles out of every city where drivers swap out for robodrivers. Inspections can be done by people at the waypoints, loading can be done same as it always is, mileage tracking is easy to automate, etc.
>>
Is it even an economically sound option to buy a new car? Some drop 50% of their value in just a couple of years. Not like they are worn out by then. Seems like a waste of money to me.
>>
>>133565210
well honestly i can only understand robotic trucks being used for shit that swift trucks are used for; which is basic enough for a railroad branch. swift is probably used more to train drivers for more specialized jobs where truck experience is necessary than its used to transport shit
>>
>>133564334
Do you buy the motorcycle parts to resell locally?

There is a scrap yard here in town. The prices sucked so I just go on ebay now too for stuff.
>>
>>133561852
Most big US cities aside Frisco and NY you still need a car for, most notably LA.
>>
>>133565536
No I buy parts to fix up old bikes I own or for friends. But there's no point going to a local junker since every part they have / bike they're tearing down is on eBay so there's no real local discount. They know just what the market will bear since they can look at eBay postings.
>>
>>133565210
trucks are heavy and the last mile has a high density of people, often there would be road maintenance or occurences that aren't expected, so you would want to have a trucker present for this critical section a very long time, at least if the city is more dense
>>
If the auto bubble bursts how can someone profit off of it?
>>
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>>133552749
I want to see what the new Z is going to be, otherwise I might get a type R
>>
>>133565761
Really not sure there's any value in truckers picking their own route.

UPS I believe it is *insists* drivers follow their computed routes, which often seem counter-intuitive but are proven to be the most efficient.
>>
>>133564991
kinda like that south park episode crap for gold or whatever...
so thats what china used to build their ghost cities and keep the economy humming, remember when copper prices were out of control, now its back to normal but that was crazy the junkies were having a field day!
>>
>>133565919
im a local driver and the fleet relies on drivers exploring options independently to find the best route due to circumstances that might change over time (this is called traffic)
>>
>>133552229
What is my incentive to buy a new car that will immediately depreciate in value, can't be worked on without dealership computers and comes equipped with tons of electronic nanny bullshit?
It's far easier and more fun to buy a cheap funcar for around 4k, rebuild engine and replace suspension wear parts and have a reliable car for cheap that will last a very long time.
>>
>>133565833
This makes no sense vs. the RS (if you can get the RS for MSRP).
>>
>>133565402
Yes, if you don't plan to sell it in a couple of years. You just have to compare its expected value and cost of ownership with your loan rate and determine if A) you can pay it off before it gets expensive to own or B) you can own it long enough to cover the cost of the alternative.

Most cars don't do either well.
>>
so heres the big question

HOW DO WE MAKE MONEY WHEN THE BUBBLE BURSTS?
>>
>>133564328
89 wago? love these things
>>
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>>133565833
>he doesnt know honda is dead
>>
>>133565753
Ok cool. Makes sense
>>
>>133552229
>In b4 UK Car finance sub-prime crash.

Major recession, house price crash and car price debt crash on the way.
Too much cheap money, ultra low interest rates via QE to private baker wankers to lend to twats and create asset bubbles.

The fucking horrednousness
>>
>>133552229
God I would love to see the parasitic American car companies die.
All cars do the same shit now a days anyway, the difference between a hyundai and a bmw is lessening. Seriously I can't tell the difference between these new sedans, they all look the same.
>>
>>133559109
>didn't have to drop $30k
New full 1 ton 4x4 around 70 thousand. Are auto makers really gotten this retarded? Hell in the mid 70's a new pickup was like 4 to 5 grand. Brand new. Don't give me that inflation shit. More to it than that.
>>
>>133566069
time to buy classic cars is now-end of winter. People need the money and are willing to take a bath on their classic car. Once values get too low, no one will sell. Get on craigslist and see for yourself. Protouring, custom built, rotisserie, frame off restorations can be had for $15-20 grand for desirable models and years. Wish I had the money
>>
>>133566069
I will take a stab:
short auto stocks
shit... I don't know what else. Car prices would drop at first as they flood the market and offer incentives?
>>
>>133566339
muh safety
muh emissions
muh luxury
muh foreign factories
>>
>>133565829
Short auto manufacturing stocks
>>
>>133565402
I consider it unsound and never wanted a new car. I paid off my houses instead, and the tools I bought made caring for my trucks, motorcycles and houses easy. I did buy one new bike, which I still ride, in 1988 when that was the easiest way to get a Harley with an Evo engine.

Want pleasure? Owning the deed to your house is pleasure. The second you buy a "new" car and that MSO turns into a title, that bitch is used.

I've worked as a mechanic so I lost all sense of excitement regarding new vehicles. I prefer them several years old when all bugs are known and the aftermarket has plenty of replacement and upgrade parts.

The way to retire debt-free is plan way the fuck ahead. Get a government job if possible since like all third world countries that's the only stable retirement.
>>
>>133566069
Short automakers.
>>
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>>133566069
Buy when it bursts
>>
>>133565753
This. Ebay is wonderful and I don't have to pull the parts. I get my motorcycle and truck parts from private sellers cheaper even than my salvage connections sell them for.
>>
>>133561028
>automation is the future of driving.
So if a driverless car hits me who's at fault? Be a cold day in hell before I trust a driverless car. What's next? Driverless sex?
>>
>>133565919
even if they're following the route the computers tells them, there might be a tree falling onto the streets, or some maintenance work where you can swerve around but it's hard to register to the sensors, for stuff like that you would benefit from a second set of eyes
>>
>>133552229
It's the auto industry's fault for cranking out new models every year when they produce a product where individual units can last for years, or even decades if cared for well enough.
>>
>>133552749
Those are jellied eels
>>
>>133566032
>what is google traffic data.
It's a objective fact google map routes are faster.
I know a guy that runs a heavy commercial construction firm in Seattle. a lot of his guys thought they knew Seattle very well, but google maps gets them thier faster
>>
I work as a software developer in the automotive industry. Companies are scaling back hard. My company (the largest of its kind in the US) is offering "voluntary early retirement" for older employees and has introduced a hiring freeze in order to downsize the number of corporate employees without layoffs. They see the writing on the wall. The automotive industry is in decline for many reasons:
1) whites are moving back into cities, which require less travel
2) rideshare programs like uber, lyft, etc. replace the need for cars in some people's life
and the BIGGIE 3) the dawn of self-driving cars. with self-driving cars comes the age of no longer needing to own cars. random cars come pick you up, take you where you need to go, and leave again, all within minutes. if this becomes a reality, car ownership plummets.

my company is certainly scaling back in preparation.
>>
>>133566582
You are asking questions at the cutting edge of law and insurance. I think the answer is, the driverless car company should have a bulk deal with a major insurance underwriter. If a self driving car bugs out and injures someone the manufacturer is going to get hit HARD, especially the first times it happens and the public flips out. I assume Tesla, GM, etc are already working on this
>>
>>133553724
If you're talking pre-1973, emissions regulations will kill you for trying. It already killed the big V8 according to some back when it came into effect.
After that, I guess it depends. Lambourghini will never reissue the Countach, the team that made the Lancia Stratos is gone, so on.

When a car company nods to the past, they do so in a completely new car. Ford GT for example, twice.
My guess is they don't wanna look oldfashioned.
Personally I'd love a 4-seat Mercedes convertible.
>>
>>133552229

Soon. I used to work for an auto supplier of a major automaker. We were working 6-7 days a week, sometimes 10-12+ hours a day.

Talked to a former co-worker of mine. Right now they're working five days weeks and rarely getting OT. They even had a two weeks shutdown during the 4th instead of the usual one week.

Right now I'm investing in guns and ammo. Land and car market will bust in the future, then I'll start buying some of that shit. Guns and ammo should be hot again come late 2018 (election) and 2020 (big election).

>>133561028

I will never own a driverless car. Don't give a shit if I'm 80 goddamn years old. I have 20+ acres of land, many shipping containers, I already have shit mothballed that I'm planning on using 10-20-30 years down the road, including three US Military Surplus Humvees I've reconditioned.
>>
>>133566740
yeah we use google maps but it doesnt show where truck routes are or which neighborhoods are irritable about loud ass trucks or what city ordinances are etc. trucks navigate traffic differently
>>
>>133552749
lol you can't afford a new car, that sucks. they're p nice. i tried the "muh old car" thing for a while and really they drive like shit, will kill you, get terrible gas mileage, and aren't comfy. glad i stopped being a little faggot bitch and got a new car. "but muh simple engine!!" oh and steel doesn't help you from getting killed when the frame crumples and the engine gets pushed into your legs.
>>
>>133553724
Combination of EPA regulations and crash test/requirements. The reason new cars all look like bars of soap and have high belt lines with window slits is because pedestrian safety.
>>
>>133566748
DESU, I like driving but would consider just keeping by truck to haul my dogs, rocks, lumber etc and when my car shits out just using an automated service.

Realistically I drive to the gym, to the grocery store, then back home for 80% of my driving. For most people who sit in a car to go to work every day I bet they wouldn't buy a car is they had the choice. My buddy got a job at GM a few years ago, he's older, I will see if he voluntarily retires soon.
>>
>>133566911

No emissions where I live. Besides, emissions is really a scam industry. Very easy to find a emissions person who will give you the green light on a car that isn't eligible.

Back when I was a kid South Carolina had an emissions program (no longer exists). On weekends I'd go to a family friend's auto shop. For $5 they'd slap an emissions sticker on the car and send you off. They would get these stickers in a huge roll/box/whatever from the DMV. No emissions testing needed, no nothing.

Free market will find a way to solve things.
>>
>>133553299
that doesnt look very appeeling
>>
>>133566639
Self-driving cars will be well aware of road obstacles, in fact they'll know about them without being anywhere near since the cars will all be sharing information.

Plus nothing will overcome +$15 an hour for a driver vs. nothing per hour automated.

If you're in the driving industry GET THE FUCK OUT NOW. Don't wait until it starts to collapse because then everyone else will be looking for a new job too.
>>
>>133566748
4) koreans entering the market in addition to the japs. lower cost development making it more difficult in first world nations to pay employees.
>>
>>133567347
do you even have roads in peru
>>
>>133552229
> Why are younger people opting out of the car market
Because avocado toast
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>>133553724
>the government would never allow it
>the companies no longer have any of the old tooling
>companies no longer have workers skilled in assembling older style vehicles
>ALL car manufacturers now get their parts from six worldwide suppliers
>
>>
>>133566968
a driverless car is more public transportation than car. Maybe the thing wont even start driving unless it can catch a signal. In any case you're using a service, not owning a machine.
>>
>>133566748
I think it's even worse than that for auto makers: whatever value added there is left will be with the companies who provide the self driving systems (many automakers, but my bet will be on the Googles and Ubers), which can be grafted onto any car body.

Also nobody will give a fuck what cars look like, so they'll no longer be value added in nice and new styling. It'll be pure function probably big boxes. People won't care at all what badge is on the hood; much more of concern is who makes the seat since it's all they'll be interfacing with.
>>
>>133567713
what happens when all the services are automated and no one has a service job to pay for services
>>
>>133565275

trucker here

what happens when a tire blows and no one is in the cab to safely stop the vehicle

what happens when the computer fails to stop the vehicle in time and can't tell the difference between a ditch and a school bus full of children

what happens when hackers take control of the tractor and steal millions of dollars worth of cargo

what happens when the automated tractor is going down the road and a severe thunderstorm hits and blows it over on top of another vehicle

what happens when that truck goes through Wyoming and 35mph winds become 65 past Rawlins

you can't just automate our jobs, we aren't going anywhere.
>>
>>133568140
Oh my God thanks for the laugh this has been great.

>th-they can't automate me a tire might blow!
>>
>>133566639

those routes are shit they only account for the shortest distance, good example is leaving Hershey in Palmyra. GPS will take you down this bullshit switchback road through the country barely big enough for a pick up because it's .3 miles shorter than CR743 which doesn't have all that crap and takes you straight to I-81
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>>133552342
I've noticed the same. Shouldn't always judge a book by its cover but most of the people in new cars around here don't really look like they can afford it either.
>>
>>133568140
>you can't just automate our jobs, we aren't going anywhere.
Don't worry. Silicon Valley will make billions.
You'll lose your job but will get UBI thanks to rich peoples generosity towards the little man.
You're just being paranoid, hackers aren't real. It was a movie.
>>
>>133567457
Literally the best in the world for motorcycles. It's why I'm here.

But also the most dangerous (any tiny mistake, or someone else's mistake, and you're dead, likely form a 1000 foot fall). I've driven all over north and South America, asia, Africa... nothing comes close to being as dangerous as here (most dangerous roads combined with the worst drivers)
>>
>>133568140
A lot of those are very solvable, but I agree with you, you guys are not going anywhere.
>what happens when hackers take control of the tractor and steal millions of dollars worth of cargo
You might find this interesting
https://www.wired.com/2015/07/hackers-remotely-kill-jeep-highway/
There is very little security on modern cars.
>>
>>133569469

https://archive.is/pxnib
>>
>>133553881
I know you're a fucking Albanian you filthy fucking towel head.
>>
>>133553881
>not BMW
Wew
>>
>>133568140
Also, a driver blowing out on the highway is scary as fuck, especially bobtailing it. Gone on a few trips with a trucker friend of mine.
>>
>>133569469
>There is very little security on modern cars.

Yep, it's mostly the way computers were in the 80s: Since they're not connected most of the time and most people don't notice them, nobody cares about security.
>>
>>133568140
>what happens when a tire blows and no one is in the cab to safely stop the vehicle

safety algorithms I'm sure have run this scenario hundreds of times. As more self driving trucks run, and get tested, they can machine learn the most optimal way to break given all raw sensor data.

>what happens when the computer fails to stop the vehicle in time and can't tell the difference between a ditch and a school bus full of children

See above. Computer vision would never make such an extreme miscase, but the more likely case of hitting someone will be handled through insurance and machine learning algorithms to data mine every crash that happens in the last decade, accounting for all raw sensor data and weather and road conditions.

>what happens when hackers take control of the tractor and steal millions of dollars worth of cargo

Spend more money on security on the cargo and comms networks. And write off theft through the existing means.


>what happens when the automated tractor is going down the road and a severe thunderstorm hits and blows it over on top of another vehicle

See above re: machine learning and learning better local weather predictions. A human would make such a mistake and die and never learn that shit I should have done x, y, z instead. Machine learning uplink will realize a, b, c is better


>what happens when that truck goes through Wyoming and 35mph winds become 65 past Rawlins

Local weather sensors could determine dangerous gusts and learn how to safely brake and pull over.

>you can't just automate our jobs, we aren't going anywhere.

Unfortunately, they will, and you will be gone. Sorry.
>>
>>133568140
The computer will be able to react to any situation better than a human (they already are, see: abs, traction control).

Re: hackers, its vastly more likely a human driver will simply steal goods than some super hackers.

Plus insurance rates will go way down since self-driving cars are already far less likely to get into a crash than driven cars, and the margin will only widen as they get better.

I feel for you dude. My brother was a taxi driver and obviously that industry has been nuked already. Truckers are next.
>>
I have a Camry over 10 years old and its still going strong. I'm planning on getting at least 200k miles
>>
>>133569762
>My brother was a taxi driver and obviously that industry has been nuked already.

yeah, because of uber - not due to self driving cars. Let's stick to reality here.
>>
>>133568374
The self-driving cars will be able to compare real-world routes driven by others cars to determine any anomalies the algorithms don't account for.

You're secret optimal route will be discovered automatically and shared with all.
>>
>>133568140
Is this bait? Every single one of your scenarios will be programmed in the vehicle before it goes commercial, idiot.
>>
>>133552229
it's weird i noticed a bunch of people buying new cars in 2016.. it's like a fucking hive mind.
>>
>>133569912
And what do you think Uber's plan is in the next 15 years?
>>
>>133569945

not happening.

let's just look at the tire problem. what will be the robotic solution?

>inb4 humanoid robot steps out to change the tire
>>
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>>133569726
>most optimal way to break
>miscase

do coders make mistakes like this
>>
>>133568140
>no one is in the cab
they will just hire illegals to sleep in them and fix problem when they come up for $100 a week.
>>
>>133569762
ABS is a good example, so is traction control. Our learning through trial and error to correct out of oversteer, traction issues is great and all, but it's better when the car doesn't even get into the situation in the first place by managing itself out of most lead up situations.

I really think the massive amount of data you will get from a self driving network of cars in 6 months will reduce car crashes by an order of magnitude. The knowledge that would have helped a driver in a fatal crash will already be installed. Any edge case scenarios will be datamind like crazy given the financial incentive to sue any automated algorithm value add company.
>>
>>133570058
>15 years

too long to say if they will still be a thing then. For the next years, the plan is to continue using people's capital to generate profits
>>
>>133560324
>chevy camaro and ford mustang just did this!
No.
>>
>>133570109
Yeah. Test cases fix it if you code correctly. I don't give a shit about typing tonight.
>>
>>133570156
>ABS is a good
ABS sucks ass. If you really have to hit the pedal hard all they do is cause a violent shake in the pedal. On snow and ice is even worse. Just prevent wheel lock doesn't slow you down any quicker or safer.
>>
>>133570545
This comment was written by someone who doesn't deal with snow very often. There are times where I can't go above 10 mph without abs going off.
>>
>>133569726
>>133570280
Edge cases will be an issue, but like you say, avoiding them in the first place will be much easier. I just don't like it though.
I'm not a religious person, but the best way I can describe it is that it removes the soul from the act of driving.
>>133570545
Older ABS is trash, but the purpose isn't to stop faster (You don't stop any faster, if anything slower). The purpose is to pulse the brakes to give the driver steering control when they're panicking and mashing on the brake (Inexperienced drivers), you can't steer while sliding.
>>
>>133570156
Self-driving cars will be so enormously safer that driving yourself might become prohibitively expensive due to insurance costs, if not outright outlawed.

And even if you can buy a new car that you can drive yourself, it'll have overrides that will take control away from you if you do anything the computer disapproves of (this already exists see: Volvo, and as with all safety features it'll eventually become a mandated standard)
>>
>>133552229
Decent thread anon. I've been watching the auto market more closely and understanding some of what's going on(mostly since I'm looking for a decent used car).

New cars have EXTREMELY generous incentives right now including 0% interest for 6 years(and no payments for 3 months) from toyota. Honda and nissan are keeping tabs on sales and incentives but trying to avoid cutting prices through incentives but even they're doing it. The auto industry knows they're in trouble for the simple fact that they've had record auto sales for several years straight. Using car sales figures from the past 15 years(a modern car's lifespan) they can calculate the number of cars available and it's more than 1 for each adult. That's unsustainable for new sales, then add in the fact that 30% of young adults don't even have their license and the auto industry is in deep shit. You can see this implosion happening in the used car market which is insanely overvalued. Used cars as places like carmax with 10-15k miles are more expensive than new ones due to all the incentives available right now.

Car sales are also dependent on car loans. After going to a dealer, one of the salesman was totally honest and said "most of our customers use loans". I was a cash customer so they weren't even that interested in me because I won't overpay. Go to any dealer or visit any website like craigslist and you'll see how they push the "everyone qualifies" meme. It's not much different than homes were in 2005, they've even securitized $1 trillion worth of auto loans in the bond market and are now seeing delinquencies rise as people can't afford their payments. So the whole thing will come crashing upon itself. The used car market is going to have wild adjustments, it's already starting, cars are available below KBB and aren't selling well.
>>
>>133570761
>I'm not a religious person, but the best way I can describe it is that it removes the soul from the act of driving.
yeah, you're out of the equation. the machines will have the fun of driving, despite not feeling anything.

If this happens it's one more of the basic things we like to do but wont do any longer. others being stuff like crafting, hunting, keeping in touch with your environment.
>>
tfw wealthy
tfw buy a damaged write off for 3k
tfw spend 5k fixing it with mechanic friends
tfw car worth 39k

whats the point of buying new?
>>
>>133566299
Poorfag detected
>>
>>133571052
>tfw car worth 39k
Rebuilt cars aren't worth shit even if they're fixed properly.
>>
>>133570953
I get that a lot of people don't like driving, that it's a meaningless waste of time for them and self driving cars will be "better" in a lot of ways. It's just one of the few things I enjoy, and I hope to continue enjoying it.
>>
>>133552229

really hope so. cars are fucking expensive
>>
What could you possibly need 7,500 lbs of slime eels for, besides the world's greatest japanese porno?
>>
>>133570545
>>133570680

If you were a machine learning network of cars driving through snow for 10,000 hours a day and could manipulate the raw sensors and computer controlling ABS you would be able to turn it on/off better as needed. Your snow driving routine would be different than your sunny day highway routine. My point is it a basic tool right now that can't learn as needed but does have applications.

>>133570761
Yes, it does remove the soul of driving as the human element of pleasure and uncertainty and oneness.

>>133570817
That might happen, if insurance companies can get 80% of their business and revenue from a handful of algorithm designers, why would they want to do business with millions of meat sacks who run over people and into things and call them and complain and won't learn to stop running into things, costing them money? Sure you can drive. Human insurance is $1,000 a month now...
>>
>>133570761
Holy fuck do I wish I had ABS here in Peru: it's super easy to lock a wheel when it's all crazy grades on dirt roads. Unfortunately ABS (let alone traction) is a newish thing on motorbikes.

Which reminds me: self-driving cars will be a godsend for motorcyclists, since it'll remove the danger of oblivious drivers not seeing you. This goes even more so for truckers.

In the brave new self-driving world people who love to drive will ride motorbikes. Plus self-driving motorbikes will be a much bigger technical challenge.
>>
>>133552627
raped by a cloned wooly mammoth.
>>
>>133571094
Niggah I'm talking about a BMW ain't exactly the fanciest car in the world. I was just trying to say how similar the bodies look now.
>>
>>133571182
You certainly should continue, you might have to switch to boutique insurance for human driving in a few decades though, like you have to now if you have a rare or classic care.
>>
>>133571340
>it's super easy to lock a wheel when it's all crazy grades on dirt roads.
Sounds like a fun time, but I understand getting sick of it when you have to deal with it all the time.
>self-driving cars will be a godsend for motorcyclists
I hope so, the only reason I don't have one is because I don't trust the idiots on the road. I stick to off road trials and rock climbing.
>>
>>133570930
The financing schemes involving new cars seem unsustainable. Stretching out payment plans to 6 or 7 years, big up-front incentives followed by balloon payments later on, etc. - it feels like a replay of the mortgage bubble.
>>
>>133571340
I would ride a motorcycle for sure if I knew some texting soccer mom or idiot illegal won't plow through a light and hit me. I don't trust other people on the road at all.
>>
>>133571172
Many states will reevaluate the title if the work has been done. About 100 bucks. New clean title. The title will reflect that it was damaged at one point but fixed though.
>>
>>133571689
>I don't trust other people on the road at all.

that's a good position to start off with. would really suck to be partially disabled in the hospital to learn the idiocy of some mindless faggot left you with this condition.
>>
>>133571819
Yup. I used to ride before I could drive a car, lots of fun, but the thought of being paralyzed or hospitalized totally removes any joy. I try and drive as safe as possible but it's so tiring.

>>133571596
Unfortunately, unlike houses you could swoop for cheap and rent, a defaulted car will just rot away.
>>
>>133571689
This. I'm literally too much of a pussy/ slash a fucking retarded old man hit me.
I got clipped while trying to take a left he was trying to pass me on a one lane on the right (not wrong per say you can go into the shoulder for a sec) but he didn't give himself enough room and just crashed into me.
I was thinking about how if I was on a motorcycle I would probably be dead or seriously injured. Literally goes from a a busted fender and tail lights to severe injury.
>>
>>133572051
>I used to ride before I could drive a car, lots of fun, but the thought of being paralyzed or hospitalized totally removes any joy. I try and drive as safe as possible but it's so tiring.
Go offroad m80. Trails and trials riding is a lot of fun, it's surprising what you can climb with decent balance and popping the clutch at the right time.
>>
>>133559599
U wot m8

60k is more than enough for all those things. I'm making 40k and can quite easily pay off my mortgage and car (and everything else) while still stashing 10k in the bank
>>
1. Americans love cars


there is no 2 or 3. demand will never go away. technology will improve, self-driving technologies will develop, engines will change, shapes will change, brand names will change, etc.

but the fundamental concept of personal ownership of motorized transport vehicle just won't ever die. cars are the lovechild of technology and personal freedom, and they'll be here forever.
>>
>>133552749
Old cars are deathtraps that maintain like shit and have terrible fuel economy. The only "old" car worth anything more than sentimental value is a reputable 4x4 from the pre-soccer mum era and that's only if you're looking for an offroad vehicle that can be repaired in the field.
>>
>>133562782
Keep some on hand?
>>
>>133572554
People said this about other industries that are now dead. Stores thought people were never going to buy clothes online.
>>
>>133571334
What might remove all human drivers sooner than anyone thinks are intersections: with self-driving cars there's no need for traffic lights except to allow for pedestrians. Otherwise they'll be able to coordinate their driving with each other such that they all drive straight though from different directions never hitting each other.

Not having to build and maintain traffic control infrastructure (except where needed for pedestrians, mostly in cities) will be a big incentive for governments to outlaw human drivers entirely.
>>
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>>133552229

Cars are a scam. You pay too much and you get too little. The only reason people buy so many of the damn things at all is because we're all so spread out we have to have one just to have any sort of livelihood.
>>
>>133572726
everything you said is true, but that doesn't mean it's true about cars
>>
>>133572574
>Old cars are deathtraps that maintain like shit and have terrible fuel economy.
Really depends on the car. My mom still drives her 1979 Volvo 240, original engine and transmission at 800k miles. I had a 1986 Saab 900 turbo that had 600k miles on it, sold it to a friend and bought a meme car.
>>
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>year 2002
>dad buys brand new Silverado 1500 LT Z71 (leather seats, 4x4)
>$24,000
>fast forward just 15 years
>Silverado 1500 LTZ Z71 (LT doesn't have leather) cost $55,000

http://jalopnik.com/the-97-month-car-loan-is-the-craziest-new-car-buying-tr-472876323

>people can't afford them literally doubling the price of their cars
>"it's ok goyim, we offer 100 month loans!"

Late stage capitalism is real
>>
>>133556458
>As privileged as I felt to own four AMGs, The Tesla S P85D is my favorite fucking car ever.

i can't get over how heavy the tesla is. you must feel its weight when you drive, right? most sport cars weigh at least 1000 pounds less.
>>
>>133571706
Never heard of this. Any title that was salvaged and rebuilt is stamped as such. I'm not sure about other states, but in florida, not revealing a car was rebuilt is a crime.

>>133571596
There's definitely some parallels with the mortgage bubble 10 years ago, the difference is that people can just default on these new cars and grab old ones relatively easily. Home sales can take months and cost thousands in fees.
>>
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>>133552229
It looks like this car just farted a huge cum bubble.
>>
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I'm sure these pieces of shit are already collecting data on your conversations inside your vehicle and selling it to advertisers, Jewgle and Amazon.

I'm going to go old school and buy an old F250 and an flip phone. Technology was fun for a while until it became tools used to spy on everyone and invade our privacy.

I think we're going to see a lot of people start to abandon tech within the next coming decades.
>>
>>133573871


most normies do not give two shits, and many aren't even aware of this basic fact
>>
>>133572762
When all cars are self driving this will be possible: https://i1.wp.com/www.zmescience.com/wp-content/uploads/2015/03/1gG63Os.gif

The time savings will be insane.
>>
>>133573445
I think the vast majority of people are wise to this. I have no statistical evidence, but at least that's how it goes for my anecdotal evidence.

The people who are buying those $55,000 things are much older people who have significant disposable income after the kids have moved out and before retirement. I suspect there's some significant demographic in the construction/contractor business, and I bet you that they've got some kind of outlet valve managing the price hike.

Everyone else is learning how to recycle and maintain the older trucks. The new trucks just aren't worth their price tags.

>>133573871
they'll just be a market to mod the tech to disable it.
>>
>>133574040

this is depressing desu
>>
the auto market is one big monopoly and everyone knows it, that's why no one is willing to buy a car at a dealer's shop and opt for trading or buying cars from other people.
>>
>>133552229

the entire bubble is bursting
>>
>>133574040
I look forward to it.

I also look forward to the hilarity of fun, hip new activities such as "pedestrian bombing" as individuals know that all the cars are programmed to emergency stop for them and decide to sprint circles in the middle of intersections just to screw with everybody
>>
>>133552229
Why is that car covered in eels?
>>
>>133562390
establishments are open past 9pm, there are restaurants that aren't strictly chains / pubs / both, airports nearby, more and significantly better paying employment, accessible nearby hospitals and better health care facilities and professionals in general, better arts entertainment in the form of live acts that would never tour in a rural area, better recreation in general in the form of zoos, sports teams/arenas, many more various vendors for greater consumer choice, more anonymity, better internet service, i could keep going for a while
>>
>>133574385

your photo and biometric information will be captured by the car and automatically sent to the nearest PD.
>>
>>133574200
Why? It'll probably cut most trips in urban areas in half if not more. Plus it'll be pretty wild being in one of these self driving cars as it barrels into intersections just barely missing other vehicles (of course before long everyone will take it for granted).
>>
>>133552229
HOL UP
SO YOU BE SAYING
YOU BE SAYING THAT
...if people just bought a bunch of cars last year, we wouldn't need to buy them again in 2017?
>>
>>133552229
>Why are younger people opting out of the car market

Bubble bursting or bullshit industry correcting? I'm 27. Make a ton of money. I have a 2002 Jeep. I pay 1-2k each year on repairs. Car payment is easily more than that.

Also, the people who can command good salaries are starting to work remote. I don't even drive anymore besides to get food everyday. Roads are total shit (Baltimore). Think I'm going to buy a 2017 Genesis coup and smash fucking potholes everyday?

Basically, I have one that works, why would I buy a new one? They lose value, they're super fragile, have to maintain it and keep it clean. What a dumb shit industry.
>>
>>133574385
>hip new activities such as "pedestrian bombing"
I've thought about this before, and you know it will happen. Imagine how easy it will be for niggers to carjack people now.
>>
>>133552229
Obama shoved money into the market with stim packages. Obviously it was going to do well. He practically nationalized the market, and now they nobody is spoon feeding it, it is suffering. Let it suffer.
>>
>>133574602

that will get old fast. driving is fun. joyless efficiency isn't.
>>
>>133574385
This may become the normal way of crossing streets.
>>
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>>133553881
BMW*
;>)
i have about the most nigger bmw though, ever pic related
i kinda want an older car that i can put tons of miles on, what should i get on the side???
>>
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>>133574129
I think most American corporations are just government fronts and they are funded by tax payers, that's why they can come out with retarded advertising campaigns involving trannies and fags kissing each other and not worry about the hit to their profit margins. It's just the illusion that keeps things running.

I also think since companies like GM and Ford are no longer private but rather publicly traded, the people who are running things have little to no vested interest in the preservation of the industry. They will happily move towards automation and take away everyone's freedom of movement if they are paid to do so. The board directors and major shareholders have already secured themselves among the financial elite, what do they care if you have freedom of movement.

Much of freedom of movement has already disappeared with highways and traffic lights, it's mostly an illusion. Driving on the road and hitting traffic light after traffic light, you start to see we are really nothing more than a bunch of mice in a maze with gates that open and close on set intervals to control when and where we can go. Even if you go 20 over you will not hit the green, you would have to go some 40mph over the speed limit. The state troopers and traffic police are akin to dogs herding the (((ranchers'))) sheep.

But things will get much, much worse in the future. Absolutely zero freedom of movement and complete monitoring of our every move. Literal cattle.

Don't even get me started on the new spy tech that's coming out (pic related)
>>
>>133558750
It's true, though. When everything is automated, the small amount of jobs will be in the arts, IT/comp sci/engineering, and management. There won't be any jobs. It may not happen for a long time, but what happens when everything is automated?
>>
>>133552229
lots of semen
>>
>>133574736
Cars will have 360 3D/HD/IR/LIDAR cameras, there'd be no easier way to guarantee getting caught than to mess with one of these self driving cars. Another reason insurance companies will love them.
>>
>>133575129
True, but we both know American pavement apes are not known for their intelligence. And imagine what leftist protesters could do.
>>
>>133574993
For a while the government will probably try to get everyone to become massage therapists and yoga instructors with huge earned income top-ups, but after a while it'll become obvious there's simply nothing anyone wants that will employ everyone for +30 hours a week and people will be paid to consume.
>>
Cars last longer than ever. I bought my Honda new in 1999 and it is still going strong. The paint is starting to look like shit but I still haven't had a single mechanical failure, just scheduled maintenance like belts, hoses, oil changes, new water pump etc. Ac still blows cold and I've upgraded the stereo a couple times.

I still have no reason to buy another car. This one works fine and is still 100% reliable. Why would I want to pay several hundred a month in car payments when I don't need to?
>>
>>133574993
The only jobs that will hold value are those which can provide a service to people within your immediate community. Think about it.
>>
>>133575129
A halloween mask would easily deceive these cameras.
>>
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>>133575365
That's a cute dream. You're not going to get to be fat and happy. We have more tech than ever and our lives and standard of living is objectively worse than 50-60 years ago. We're all being pushed into renting little cuckshed shoe box apartments despite the fact that we could all easily be living in 3-4 bedroom houses. You really think a bunch of rich greedy kikes are going to be ok with you lounging around like some sort of lazy fat cat?

No, we're all going to end up in plywood and tin foil shanty houses wandering around the streets all day because we don't have shit to do.
>>
>>133575410
Once someone is cooking every meal for me and keeping the lawn cut what other new services are going to employ all the new unemployable? Given every option I suspect most people really just want to lay around and watch Netflix, vs. go to pottery classes or whatever the new economy is supposed to be.
>>
>>133575720
>because we don't have shit to do.

this is why UBI and near-total automation is worrisome. people will make trouble.
>>
>>133574993
This is stupid. The only way for jobs to disappear is if automation accelerates as fast as technology. If the comps can't keep up then a human becomes necessary again. As we went from horse to car, jobs related to the horse disappeared but so many new ones came from the automobile industry. The people believing in automation are linear thinkers who believe we're peak civilization and technology already and that new wants won't exist with new technology. Creativity would have to die in order for them to be right. When has this ever been the case?
>>
>>133575375
>This one works fine and is still 100% reliable. Why would I want to pay several hundred a month in car payments when I don't need to?
I think this is the biggest reason. Aside from wanting something more sporty for fun, why change? It's usually a very large unnecessary expense for very little gain.
>>
>>133575720
Politically and economically untenable when there are machines do everything at minimal cost.

SOME wealthy western country (in Scandinavia likely) will be the first to transition to a universal income leisure society. When it works for them everyone else who can afford it will follow.

The danger imo is of it happening too quickly, before automation has reached the point that it's feasible, when the single innovation of self driving cars quadruple the unemployment rate overnight and the politicians panic.
>>
>>133570066
it wont be a robotic solution, it will be a materials and engineering problem
>>
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Old cars are cheap, and stylish. Easy to fix. Paid less than a shitty new car, and have resurrected a 50 year old boat for a fraction of the price. Gas hurts, but it's worth it.
>>
>>133575798
The future is going to be more like the 3rd world for everyone.

>those who can provide an immediate service to people in their community
Such as doctors, repair people, mechanics, builders, farmers, etc. It's not feasible to mail your 300lb object to Amazon to get repaired, people will still need mechanics. Prices of food will be high, so farmers will be useful. Perhaps you need someone to stitch you up ASAP or make a house call to your sick relative, so a doctor will be necessary. Things of this nature will be the future of employment.
>>
>>133576230
>Gas hurts, but it's worth it.
Add in EFI and megasquirt and it won't hurt nearly as much. Large power gains as well.
>>
>>133576106
It could have been an attainable goal at one point. But they don't want birth rates to stagnate, they want MORE MORE MORE people. MORE immigrants. MORE children. They want to save MORE lives. There won't be enough to go around for everyone. Even if you yourself are successful, a good 50-70% the population will be living in shit and bring down your standard of living. I don't think you have much to worry about in Peru, I doubt much will change.

America and Europe are a different story.
>>
>>133576106
...before we go full ubi Star Trek utopia a good and probably necessary first step will be to start limiting work hours. Eg start with a hard 30 hour cap on working hours, which will distribute the work left more evenly, then 27 hours, 25... at some level you'll have an acceptable level of unemployment, and you can start slowly ratcheting up government income supplements.

The alternative, the alternative that might happen in some places but which would be a far worse outcome, is to simply outlaw these new technologies. It'd be VERY easy and popular for politicians to simply outlaw self-driving cars as too disruptive. But of course that's just putting off the inevitable, and why should humans waste their lives doing what machines can do cheaper and better for them?
>>
>>133576343
EFI sounds great, but the 750 with electric choke works on a budget.
>>
>>133576276
Demand for food, doctors, etc won't rise by nearly enough to make up for technological unemployment elsewhere, and of course the march of technology will mean they'll be a need for FEWER farmers and doctors since those industries will automate too.
>>
UBI is retarded

>property managers find out everyone has an extra $1000 a month
>they raise the rent of everything by $1000 a month

Seriously man, it's not rocket science. They do the same thing in the oil fields - they know guys get housing allowances so they jack up the prices of rent by about $800+ a month. All it will do is make people more dependent on government - a slippery slope.
>>
>>133576791
Nice, carbs can be a hell of a lot of fun as well. My brother had a 1974 Camaro and taught me a bit about the black magic involved, pretty interesting stuff.
>>
>>133576877
Of course it won't. I'm just saying if you want to be even remotely gainfully employed in the future, those are the jobs to get into. I don't know when exactly it will happen, it will definitely be within our grandchildren's lifetime. Shit will get pretty ugly within our lifetime as well, but not for at least another 20 years.
>>
>>133576968
Flathead screwdrivers are my best friend. Jets tend to get dirty, and without an electric choke, cold weather is death.
I feel like this is an /o thread, now, but it's part of the conversation.
>>
>>133576955
That's a problem, but of course these ubi payments will be funded from taxes on the rich that are making out in the new economy, so the landlords will have to hand over much of their their higher profits to the government, which will hand out more ubi... At some point it reaches an equilibrium.
>>
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>>133559570
>>
>>133575022
ya what the fuck is coming out that car?
>>
Meh, I still drive an old 94 Escort.

It's reliable and gets me where I need to go.

I CAN afford a new car... But why? I spend less than a half hour per day in my daily driven car. I'd rather spend my money on something I'll enjoy more often, or in investments.
>>
>>133577632
buy hyundais mfs
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