Me too. bought my car brand new in 2006 for ~28k. Same make and model (just a 2009) costs $44k today. Must be the deflation the "experts" are all so worried about.
buy off lease, 2 years old car for half price with factory warranty. Nissan for example cover transmission,engine,suspension for 4 years or 70K miles! Mercedes-bumper to bumper up to 50K miles or 4 years. if you have friend,who is used car dealer-you can go to action and buy it from there even cheaper, but you have to pay cash on spot
why aren't prices coming down then? In fact, 2010 range rovers are the most expensive ever. I would like to see prices of luxury cars drop. however, they are not dropping at all. wonder why??
Maybe autos are already being sold below cost of production. In real terms autos are actually cheap. How many of your ET parents ever bought a new car? I've had three......now plan to drive them into the ground.
Is there a website out there where I can sell a put at $15K for a brand new car? I don't want to deal with ebay, so does stuff like autotrader or cars.com allow you to put a bid up of lets say 15K for a certain car. And then dealers all over the US can see if they can match that price based on my specs (new/used, features, etc). Sorry if its a dumb question but haven't done serious car shopping in over 6 years!
Last month I bought a new '08 Acura TL for within a couple of hundred dollars of what I paid for a new '02 TL. If you want to know what other buyers are paying for a car you are interested in, here is good site. http://townhall-talk.edmunds.com/WebX/.ef17997/
Funny how information spreads, in this day and age. I originally sent this to a friend who was looking at buying a 2008 model car at what he thought was a great price on January 19th. I told him to turn the screws on the dealer a little more. So far the dealer has dropped another 5k off the price and has been calling him repeatedly to try to close him. I said ask for more off still but I think he has decided against buying altogether now. http://globaleconomicanalysis.blogspot.com/2009/01/unsold-car-images-from-around-world.html and the original from the Guardian. http://www.guardian.co.uk/business/gallery/2009/jan/16/unsold-cars?picture=341883555