Oddly, the Bureau of Labor Statistic's CPI report that just came out today showed that used car prices dropped by 0.8% for the month of August and 10.4% for the year through August which bears no resemblance to the actual market that the rest of us are watching. There's lies, damned lies, and then there are government statistics.
@@Username_CC_ I agree, but you need to explain why the CPI numbers vary so much from all the numbers produced by the private sources that she mentions in the video.
I have a 2016 Jeep Patriot. I know this may seem impossible, but we need sub 20,000 cars. I do not see BEV being voluntarily adopted due to lack of charging infrastructure and price. Shaq made a fortune with basketball shoes, but he went for a lower price and volume. I have seen videos for the Avadi engine. It will not replace an ICE engine, but it can be used to turn a generator in a series hybrid car. Also, use a battery chemistry that doesn't burn or explode. I am waiting for car makers to use safer battery packs. Until that happens I will stick with what I have and wait.
Thanks for another excellent video measuring the pulse of the car market. The craziness of a person signing up to pay $50,000 for a car is insane. Carry On Madame.
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Oddly, the Bureau of Labor Statistic's CPI report that just came out today showed that used car prices dropped by 0.8% for the month of August and 10.4% for the year through August which bears no resemblance to the actual market that the rest of us are watching. There's lies, damned lies, and then there are government statistics.
Facts are facts kid
@@Username_CC_ I agree, but you need to explain why the CPI numbers vary so much from all the numbers produced by the private sources that she mentions in the video.
I have a 2016 Jeep Patriot. I know this may seem impossible, but we need sub 20,000 cars. I do not see BEV being voluntarily adopted due to lack of charging infrastructure and price. Shaq made a fortune with basketball shoes, but he went for a lower price and volume. I have seen videos for the Avadi engine. It will not replace an ICE engine, but it can be used to turn a generator in a series hybrid car. Also, use a battery chemistry that doesn't burn or explode. I am waiting for car makers to use safer battery packs. Until that happens I will stick with what I have and wait.
Thanks for another excellent video measuring the pulse of the car market. The craziness of a person signing up to pay $50,000 for a car is insane. Carry On Madame.
Maybe people are beginning to accept the idea of a $50,000 used car. 😹
Wow! That would be sad, People just starting out in life accepting a gouging of $50,0000 bucks is a horrible burden to have on their shoulders!
@@davidshettlesworth1442 I’m with you. My first new vehicle cost $3000 out the door. So imagine how overwhelmed by today’s prices I am.
Because inflation has not stopped. Hence why JPowell needs to keep raising rates.
Uhh.. do you want to guarantee a recession?
@@chrissumner5745uhh you want to keep going deeper into debt and continue to pay higher prices as N America economy imports more than we export?
Lol yeah right
Don’t say that…
Ok