Americans Cannot Afford the Average Price of New Vehicles
#41
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Statistically speaking you are not correct.
36,223/150,697,361 = 0.02% chance of death
32,367/313,914,040 = 0.01% chance of death
Your expected deaths from population change would be around
(313,914,040/150,697,361)*36,223 = 75,455
You are looking at a survival rate increase beyond 50%. Mostly attibutable, in my opinion, to vehicle construction.
36,223/150,697,361 = 0.02% chance of death
32,367/313,914,040 = 0.01% chance of death
Your expected deaths from population change would be around
(313,914,040/150,697,361)*36,223 = 75,455
You are looking at a survival rate increase beyond 50%. Mostly attibutable, in my opinion, to vehicle construction.
So herein again it goes back to my previous post stating that there are many variables... and truthfully I'm not sure how we can see the "survival" rate ever figured out to be completely dependent on vehicle construction/and or safety measures.
I believe a very good portion of serious accidents could have been avoided/and or lessened in severity if people actually knew how to drive.
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So herein again it goes back to my previous post stating that there are many variables... and truthfully I'm not sure how we can see the "survival" rate ever figured out to be completely dependent on vehicle construction/and or safety measures.
I believe a very good portion of serious accidents could have been avoided/and or lessened in severity if people actually knew how to drive.
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Nobody said CEO's were gonna take a pay cut for anything. I would never suggest that a CEO would ever put himself in a position to lose money. My point speaks to the exact opposite. I said if the goverment mandate went away and the company was no longer FORCED to put those features on the vehicle by way of a goverment mandate. I don't buy into the logic that the car is suddenly going to get cheaper. I believe said company would now in the name of profit strip those features out of the car and charge you the same price. The money now being saved by not having to put that stuff on the car is now going to go into the companys pocket. You ain't gonna see it on the sticker. We on the same page?
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No you can't fix stupid, thats my point. Putting all these "features" on new vehicles provides a false sense of security and people think they are invicible. When you actually handle accidents for a living and see and hear what people do, there is no system in the world that can prevent the STUPID that people just don't know how to drive and don't pay attention.
If people would just pay attention and actually figure out how to drive I guarantee accidents would drop by 50% easily.
I drove several vehicles for several years that had no airbags, no ABS or anything and never had one problem.
Edit: And researching on wiki, number of just "Fatal" accidents in 1959 was 36223, in 2011 32,367. Even though a great increase in population, not a very big reduction in fatality accidents. This also doesn't take into account how many actual licensed drivers there are compared to the population and lots of other variables.
If people would just pay attention and actually figure out how to drive I guarantee accidents would drop by 50% easily.
I drove several vehicles for several years that had no airbags, no ABS or anything and never had one problem.
Edit: And researching on wiki, number of just "Fatal" accidents in 1959 was 36223, in 2011 32,367. Even though a great increase in population, not a very big reduction in fatality accidents. This also doesn't take into account how many actual licensed drivers there are compared to the population and lots of other variables.
You drove a vehicle for years without abs or airbags and never had a problem? Thats great, glad to hear it but everybody ain't you. Now that we got that out of the way. The fact is that there are way more people on the road driving today. More people driving means more accidents. And since neither of us can wave a magic wand and make people drive safer and pay attention then we have to depend on the masses driving cars that are designed to be safer. I believe mandating a safer vehicle is a smart idea even if it costs a little more.
Last edited by Lethal Z; 03-17-2013 at 01:32 PM.
#45
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Nobody said CEO's were gonna take a pay cut for anything. I would never suggest that a CEO would ever put himself in a position to lose money. My point speaks to the exact opposite. I said if the goverment mandate went away and the company was no longer FORCED to put those features on the vehicle by way of a goverment mandate. I don't buy into the logic that the car is suddenly going to get cheaper. I believe said company would now in the name of profit strip those features out of the car and charge you the same price. The money now being saved by not having to put that stuff on the car is now going to go into the companys pocket. You ain't gonna see it on the sticker. We on the same page?
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I don't deny the fact that people do dumb things behind the wheel. I see it everyday when I drive to work. I see people reading the paper, I see women putting on make up, talking on the phone etc. And nothing gets under my skin more than seeing some moron texting while there driving. So we can agree that people do some not so smart things while driving. Do people have a false sense of security because of features on there vehicle? Perhaps, I wouldn't thow everyone in that catagory. People are human and even when they're paying attention people make mistakes. You can find yourself in a severe accident and you did nothing wrong. Everybody isn't going to wake up tomorrow and pay attention and figure out how to drive. Sounds great in theory but it ain't gonna happen.
You drove a vehicle for years without abs or airbags and never had a problem? Thats great, glad to hear it but everybody ain't you. Now that we got that out of the way. The fact is that there are way more people on the road driving today. More people driving means more accidents. And since neither of us can wave a magic wand and make people drive safer and pay attention then we have to depend on the masses driving cars that are designed to be safer. I believe mandating a safer vehicle is a smart idea even if it costs a little more.
You drove a vehicle for years without abs or airbags and never had a problem? Thats great, glad to hear it but everybody ain't you. Now that we got that out of the way. The fact is that there are way more people on the road driving today. More people driving means more accidents. And since neither of us can wave a magic wand and make people drive safer and pay attention then we have to depend on the masses driving cars that are designed to be safer. I believe mandating a safer vehicle is a smart idea even if it costs a little more.
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This is true. But of course dealers and banks don't turn people away like they should. If you are only putting 3K-5K down on a car then you can't afford it. 25% should be the min down payment.
We are partly to blame for the rising prices of new cars, though. If we don't buy what we can't afford then manufacturers will find a way to make the cars more economically or cut out overhead.
We as a society will have to learn to live with less all the global population increases and the pieces of the pie become smaller.
We are partly to blame for the rising prices of new cars, though. If we don't buy what we can't afford then manufacturers will find a way to make the cars more economically or cut out overhead.
We as a society will have to learn to live with less all the global population increases and the pieces of the pie become smaller.
25% downpayment on a car is a reckless waste of money IMO.
All cars depreciate heavily even though some fare better than others. My personal strategy is to put as little into them as possible, thus I'm a fan of leasing.
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Leasing is throwing your money out the window each month. BUT if you are just going to buy a new vehicle anyways and want something different every couple of years then it is a better option than buying. Less loss and you won't have to worry about selling it. For me leasing has never been an option due to the number of miles I need to drive each day. It isn't uncommon for me to clock in 80 to 100 miles on multiple days each week.
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Poor use of statistics. Manufacturers do not intend to have a single car appeal to everyone. They look at how much profit per intended market group. My company does CPG and we have good, better, best and all are marketed for specific groups and incomes.
Every organization is a revenue pyramid. Top tier have specific purchasing patterns and so it is with every level of pay. I recall being shocked at how much a 2001 Camaro SS SLP retailed for and just a few years later after promotions and substantial pay increases a more expensive GTO was easily in hand.
Every organization is a revenue pyramid. Top tier have specific purchasing patterns and so it is with every level of pay. I recall being shocked at how much a 2001 Camaro SS SLP retailed for and just a few years later after promotions and substantial pay increases a more expensive GTO was easily in hand.
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Bottom line, Options lists have once again inflated the cost of the average car and therefore put far too many models beyond the reach of younger buyers. However it needs to be said that employers have a responsibility to start paying their employees higher wages to keep up with increasing costs. Productivity has gone up through the years and CEOs and Execs now make 400X what their employees make as opposed to 80X 30yrs ago. That means one group is hoarding all the money and not reinvesting it back into population and therefore endangering domestic companies whos survivals based solely on a large amount of people able to afford their products
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What a CEO earns is minimal to the bottom line of a large MNC.
People hate on CEOs due to their own inability to earn similar income.
Older vehicles from the 70s/80s/90s were, with few exceptions, either unreliable or fuel inefficient. Higher long term operating costs compared to recent generation and the newest ones appear to be even more resilient and efficient.
The overall amortized price of a vehicle if owned long term will be lower than previous ones which needed replacement within a decade. You are paying for the added value in each vehicle.
People hate on CEOs due to their own inability to earn similar income.
Older vehicles from the 70s/80s/90s were, with few exceptions, either unreliable or fuel inefficient. Higher long term operating costs compared to recent generation and the newest ones appear to be even more resilient and efficient.
The overall amortized price of a vehicle if owned long term will be lower than previous ones which needed replacement within a decade. You are paying for the added value in each vehicle.
Last edited by Felix C; 04-17-2013 at 12:30 PM.
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Bottom line, Options lists have once again inflated the cost of the average car and therefore put far too many models beyond the reach of younger buyers. However it needs to be said that employers have a responsibility to start paying their employees higher wages to keep up with increasing costs. Productivity has gone up through the years and CEOs and Execs now make 400X what their employees make as opposed to 80X 30yrs ago. That means one group is hoarding all the money and not reinvesting it back into population and therefore endangering domestic companies whos survivals based solely on a large amount of people able to afford their products
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Back to the topic at hand, the fact that most Americans cannot afford the average new vehicle price is mostly a function of our current poor economic conditions.
Yes, the growing list of mandated "safety" features hurts. But the effect would probably go unnoticed if we were experiencing consistent 4%+ growth in GDP less the government spending portion of GDP, i.e. the private economy, and we were experiencing healthy income growth.
Basically, the problem will go away when we undergo an actual recovery that sees employment improvement, wage improvement, REAL income improvement, etc. and not just an inflated stock market.
WHEN we will finally get a real recovery and enjoy another economic expansion is anyone's guess. Hunker down and weather the storm.
Yes, the growing list of mandated "safety" features hurts. But the effect would probably go unnoticed if we were experiencing consistent 4%+ growth in GDP less the government spending portion of GDP, i.e. the private economy, and we were experiencing healthy income growth.
Basically, the problem will go away when we undergo an actual recovery that sees employment improvement, wage improvement, REAL income improvement, etc. and not just an inflated stock market.
WHEN we will finally get a real recovery and enjoy another economic expansion is anyone's guess. Hunker down and weather the storm.