Future of Racing? EV Content
- Thread starter 13COBRA
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"I"m A RaCeCaR DrIvER"
I'm not disagreeing with you in the least actually, I'm just pointing out that in today's society there are more people that just want to be able to do something well, and not work hard to achieve it...than those who want to 'earn their stripes'.
30 day dieting plans, overnight penis enlargement, etc etc etc
I don't disagree at all. It wouldn't be as much fun.
But, would you pay $1,000-1,500 to ride in an automated Volkswagon ID R around the Nurburgring at a 6:05 pace? I would.
I remember crying when they started bracket racing...
With energy to weight, torque over running hp, I still don't think there will be a wide acceptance to EVs...yet.
battery power NASCAR?...LULZ
With energy to weight, torque over running hp, I still don't think there will be a wide acceptance to EVs...yet.
battery power NASCAR?...LULZ
Over 10 years ago I remember when people used to try to downplay Electric/Brushless RC Cars, mainly saying how they love the smell of burnt nitro fuel and that they love hearing their nitro powered RC's scream around the track. Oh and that you didn't have to wait on batteries to charge and whatnot.
Fast forward to today, if you ask someone about getting into RC cars, they'll likely tell ya that electric is the way to go. Grab a couple batteries, a charger and go have fun.
I figure in a couple years or so we'll see the same with passenger cars lol.
Fast forward to today, if you ask someone about getting into RC cars, they'll likely tell ya that electric is the way to go. Grab a couple batteries, a charger and go have fun.
I figure in a couple years or so we'll see the same with passenger cars lol.
This is by far the dumbest thread I’ve read on this forum.
OP, since you like to predict the future why not tell us how many model years the Mach Pee is going to last?
Over or under the Lincoln Continental?
OP, since you like to predict the future why not tell us how many model years the Mach Pee is going to last?
Over or under the Lincoln Continental?
The average Joe cannot buy a $70k Model 3 Tesla let alone a $100k Model S. And even if we are talking about that price bracket, there are faster ICE offerings.
I lol'd
The big difference is RC is a HOBBY, you don't need it going to work. Or maybe some might, on lunch break perhaps?
Over.
Have you driven a Continental? Incredibly nice vehicle, just not the direction Ford/Lincoln is going.
The average new vehicle purchase price is $36,718...no, it's not $70k. But in reality I sell more $60k+ vehicles than I sell sub $20k.
Last year the average purchase price at my store was $42,318. The average purchase price in my Dealer 20 Group was $40,913.
$70k on an 84 month note at 3-4% is only in the mid $900s.
Average car on the road is also 12 years old now...
"average" person isn't even stepping foot on a new car lot.
That's actually not true.
The average age of the car on the road has risen dramatically in the last couple of years because of the Cash for Clunkers program.
This is interesting. No doubt the average price of cars is going up.
The thought of a $900 car note is pretty crazy.
This begs the question... Why on earth is "Stangmode's" 2020 GT500 payment over $1100 for a $70k Shelby gt500? Ha!
It's a mess. Instead of manufacturers trying to fix it by keeping costs lower, they're extending terms and giving more rebates.
I've argued that instead of rebates, they should just average the sale price and lower the MSRP to that. For instance, if Ford averaged $5,500 in rebates all year on sold trucks, then they should lower the MSRP by $5,500. The reason they WONT'T do that though, is they like to control sales. If the end of the year is coming up and Ford is trying to hit a certain quota, they will pump up the rebates to move the vehicles to hit the quota. If they already have a lower price, it'll actually 'cost' them money to lower the price, instead of just taking it out of their fake account (rebates).
Eh, 72 month loan at 4% is like $1,060 or something.
I sell a lot of Super Duties and the people leave with a $1,200-1,500 payment for 72 months.
That's just nuts.
I try not to be all doom & gloom, but there has to be a day of reckoning heading our way if vehicle costs & loan terms keep heading in the direct they are. It can't be sustainable.
There will be a 3-4 month period where sales get slammed..manufacturers will combat that with rebates, special incentivized interest rates, etc...for a shot in the arm. It'll correct itself temporarily.
We'll have a pretty sizable recession in the next 6-9 years.
Wut!!
That doesn't make any sense. Cash for Clunkers took old ineffencient cars off the road for new ones. You'd have seen the average age of a car drop, not rise.
Your chart is also comparing number of new vs used, which doesn't take into account number of drivers, population or how old those used cars are.
11.8 years, a new record.
Average Age of Automobiles and Trucks in Operation in the United States | Bureau of Transportation Statistics
Average age of cars on the road sets a new record
Good points.
This whole debate has only further galvanized my belief that American's are completely drunk on credit. I completely get that this is very good for dealer's, but insanely stupid for consumer's.
What would happen to car sales if 36mo was the longest you could go? OEM's would have to slash prices to move product.
Instead of face value, look a little deeper. Back in 2008/09 when every car was worth at least $3,500 with the program...all of those cars got scrapped. In order to get the credit, the customers had to purchase a NEW vehicle with at least a 60 month note.
So, if you take a bunch of junk ass cars that aren't worth anything...typically owned by people who can't afford a nicer/newer car, and make them worth $3,500-5,000 which allowed those people, who normally wouldn't be able to, to trade their vehicles and get in to a new car.
So now, we have a lot of people who would not normally be in the market to buy a car, in the market to buy a car. What does that mean 12 years down the road? That those people, that in 2008/09 were able to take advantage of that program, STILL have their car; thus average age of vehicle on the road 11.8 years.
Or slash their employees and cut production to make ends meet.
You would think at some point the banks will stop extending the loans once they get burnt enough times which will limit how much people are able to pay which in turn would drive prices down. But apparently I don't know anything if people are driving off with payments that are more than a mortgage. Lol
Well there goes wanting this to happen after my time. I’ll hold on to my fossil fuel powered vehicles til the day I die.
Pick your poison.
Pick your poison.
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