Comments by "Bo McGillacutty" (@Mrbfgray) on "Car Questions Answered" channel.

  1. Sitting in the sun and weather for 3 yrs is used to me.
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  2. May sound trivial but I appreciate the 'more honest' round number prices, $4000 instead of 3995.
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  3. I'll offer $35k for what they are asking $75k for.
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  4.  @sprinkleddonuts6094  IDK this market well enough, but that's not a lot given new truck prices.
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  5. Let's write our congressmen to fight the bailouts when they come.
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  6. Same here. No reason to rant however, if you need/want a truck, just buy an old one. I have nice cars two and NEVER bought new or made payments.
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  7. No single data point indicates such. This is an indicator of gross consumer reckless irresponsibility.
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  8. Who got one that cheap in a decade?
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  9. IDK about that but 3 yrs in the sun IS USED to me.
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  10. I'd add that anyone buying more than bare minimum econobox, anytime, is a fool if they can't pay for it twice in cash.
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  11. F dealers and employees may as well milk it for all it's worth, don't think Ford will last to 2030.
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  12. For every time that happens there is an irresponsible individual involved purchasing a car they can't afford. Have major student debt problem? Then you can't afford a car, or maybe a $800 car.
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  13. What happened to "EVs on ICE"? We need an update. 😉
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  14. It's on those who live hand to mouth and make consistently bad financial choices. "If you can't pay for it twice in cash, U can't afford it." The rule to live by for ALL discretionary purchases, a new car is always discretionary, buy a cheap used that U can afford, making payments is usually a bad idea.
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  15.  @wb1340  I like the cancelled degree concept. I worked my way thru engineering degree, took longer than most would find acceptable and tuition was lower then but I never even thought about loans.
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  16.  @EldePHX  Gotta fight bailouts, best hope is they are so diminished as to not be "too big to fail"...and we all raise hell. Tad sad to see Big Three go down, but the only way markets can operate efficiently, fast and effective. F has a chance in some diminished form or colab. Rural America few decades ago, we relied on Sears. Now forgotten and not missed, Sears was American Icon since 1900...fell behind new tech and got replaced.
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  17. Which means bankruptcy, I'm fine with that. Tesla sells direct to consumer, no shenanigans, no haggling no hassle no wasted time no extra markup.
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  18.  @captmorgan2063  Curious calling them horrendous, mortgage rates in early 1980's were 15 to 18%. We've been spoiled in recent yrs to 'free money'.
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  19. For a car--If you can't pay for it twice in cash you can't afford it. Simple. If you have student loan problems maybe you can't afford a car at all, get over it.
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  20.  @truthisforever1000  Sure, let it all burn, Big 3 are on borrowed time anyway and apparently burger flipping is a better deal. Good riddance to the 3 and the UAW.
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  21. They are largely obsolete and won't be missed. What value do they add? Not much.
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  22. A strike will be a good excuse for their stockholders when they can't sell near production capacity anyway.
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  23.  @SC-ts3wd  Good, if you can't pay for it twice in cash you can't afford it. Now hopefully you are good and DYI maintenance and repairs.
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  24.  @toxicblackman  Exactly, it works, especially on undisciplined small minds like those that frequent Wallfart. :D
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  25. Regardless of what you can "see" the inevitability is big price cuts.
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  26.  @Bangkok-ik1fp  Big 3 already received some $8B in "loans" (they'll never be able to pay back) just this yr. I'm beyond sick of paying for their largess and failure. If customers want to pay for their products that's their choice not my concern.
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  27. Vast majority shouldn't be buying new, making payments means you can't properly afford it.
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  28. If I'm going to pay $80k for a PU it's def going to be a Tesla monster truck. HA! (tho I must wait 3 or 4 yrs to take delivery)
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  29. Adoption of EVs is going faster than "they" predicted, just not certain brands which aren't good value. Tesla is not having problems selling all they can make. Cutting prices along with mfg costs is in Tesla's mission statement from 15 yrs ago, it's inevitable. Good GRIEF.
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  30. Good friend a contractor ran Fords for many yrs until (forget exact version) 200X lemon, in the shop as much as out until Ford told him "'their obligations were done with him'" only half way thru warranty period. He swore off F ever since.
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  31. Any recession is cleaning up excess risk taking and spending, a generally healthy if painful reset, allowing for future growth and prosperity. This is nothing like the double digit, up to around 15% interest rates and inflation, 7% unemployment, when I launched my shoestring itty bitty contracting biz. We were stuck in "Stagflation" for a long time it seemed. The cure was those excruciating high interest rates and cutting taxes.
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  32. Been a subscriber all along, but do a standing backflip and I'll double sub.
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  33.  @Pleasiotic1  Sure you could say net worth, and make the case that interest payments is more than offset by investment gains. But that's not the reality of most ppl buying new cars and when it is--the wealthy person could easily pay up front multiple times over.
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  34.  @lacrosse1314  ONE indicator, yes, out of thousands.
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  35.  @Shadow_Banned_Conservative  Are you 12?
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  36.  @Shadow_Banned_Conservative  Not interested in a pointless pissing match Sport. Good Day!
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  37. An interesting old sales strategy: Start at price X and subtract Y dollars every day until sold, sort of an automatic auction in reverse.
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  38.  @mitchhedberg4415  Not really but that's plenty cheap enough for anyone who as any biz thinking about driving regularly. And learn how to maintain and repair it on your own. Or I'd suggest a bicycle.
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  39. @JimAllen-Persona Expensing it and tax right off doesn't make it free, still don't make money by losing it.
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  40. If you can't pay for it twice in cash you can't afford it.
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  41. 30 thousand of that 167 thousand miles were racked up running it thru auctions. 😉
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  42.  @sprinkleddonuts6094  I'm not shopping, last time I researched the hell out of BMW E92 M3, spent 6 wks shopping the West Coast for one, bought one and done. That was 6 yrs ago. Hope to run it indefinitely. Market for XYZ vehicle is what it is, I wouldn't know or much care.
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  43. It's a depreciating "asset" (really a liability), if you can't pay for it twice in cash you can't afford it.
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  44.  @joephysics5469  I'm not informed on newer rigs but I'd be very skeptical of hybrids in particular, complexity suggests they are going to be a problem, at least early yrs.
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  45. It's a liability but still has equity short of being totaled.
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  46.  @carquestionsanswered  Only if you can hold it in the middle, inverted for 10 seconds.
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  47. Mr. Chrysle's great grandson--better keep that vintage car and walk away from the disastrous company.
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  48. Buy some TSLA, skip the truck. 😉
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  49.  @tylerreece1167  They only get away with what damned fools allow.
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  50. We all need to raise hell with our representatives next time the big 3 go bankrupt (Ford only one who hasn't so far), to not bail them out, shouldn't take many yrs.
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  51.  @jonathonhancock575  For what?
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  52. Some of these rigs (Toy 4:42, 5:01) are too hideous to consider. 😄 Yeah they are good but Good GRIEF.
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  53. National new truck destruction derbies would be the way to go here, charge $15 per spectator.
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  54.  @michaeln4018  I bought a new '96 Chevy in late '97 that had been on the lot 18 months or so. Got a very good price.
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  55. Buy used.
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  56. So now we are down to the Big Two, soon enough we'll be down to the Big One--Tesla.
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  57.  @unclemonster48  In a way. I liken it to Amazon vs Sears, Montgomery Wards plus a few others. Creative destruction. But Tesla was started to just kick the legacies into gear (actually beyond gears), T wasn't expected to exist by now but instead show the way before it failed. But then Elon never gives up no matter how terrible the odds.
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  58.  @unclemonster48  Disruption almost always comes from outside established big business, Xerox invented the computer mouse but it took little upstart Apple to capitalize on it. Kodak was early into digital photography but didn't want to disrupt it's lucrative film biz. GM had a well loved short range EV back in the 1990's but didn't pursue it, then they all laughed at tiny Tesla and the rest is mostly history. Misaligned corporate reward structure a big part of problem, Wall St. focus on short range profits and C-suite rewarded whether they run biz into the ground or not. Elon was paid ZERO unless a series of impossible targets were achieved.
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  59. Have you penciled out the price of horse maintenance? 😉
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  60. 5:15 damn those grills are ridiculous and hideous. Big carp with mouth open.
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  61. Shelby way to hideous to consider for FREE.
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  62.  @zarroth  Next revolution huh, to NeoMarxism, NeoCons?? What's the constitution look like, not likely as good as the one we have which exists no where else. NOT too big to fail comes from being small and weak, and quit dodging personal responsibility, before a politician can be bought he must be elected, so get active and let 'em know what basis you vote on. Pols always follow their constituencies, or the noisiest among them.
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  63.  @zarroth  I think it's likely the Big 3 will be reduced to relative insignificance in a matter of yrs, probaly consolidate, stealership model, also influential, also obsolete and dying. On the other hand the Big 3 already been given some $8B in loans they won't be able to pay back, just this yr.
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  64.  @Pleasiotic1  Yes as I already said. But you and I COULD pay far more in cash, my point stands.
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  65.  @Pleasiotic1  Agreed, I was attempting to reach the "common Joe" with minimal words. I actually have a potent personal example that makes your point very well.
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  66.  @Pleasiotic1  I bought a moderately expensive used car that set me back on the order of $500k in opportunity cost simply due to pulling cash out of the stock market right before having 10X gains. It was a smaller amount of my holdings, still did very well, but there u have it. (not saying I regret it, gotta live in the moment some too, just be honest with ourselves) These are choices we make ALL the time without quantifying them but it's worth thinking about sometimes.
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  67.  @ozzierabbit587  Yes of course, good point, you apparently are not one of these folks at risk of repo tho, which is the subtext here.
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  68.  @bogey19018  Adjusting for inflation, 70 today is 55 in 18. But why the hell would U buy NEW??
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  69.  @duancoviero9759  Of course. But they can't be purchased if they aren't elected 1st. Don't dodge personal responsibility, graft is a given but noisy constituency comes before corruption is possible, democracy still works to that extent just as it always has.
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  70. Meanwhile Elon Musk who busts his ass constantly, made exactly ZERO for the last 6 yrs, thanks to corrupt Delaware Judge.
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  71.  @silverback8183  Are you stupid?
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  72.  @aaron-az  Indeed, it's not only the Establishment Media Mafia that profits from hyperbolic headlines, temptation to clickbait seems irresistible and is often OK, we understand overstatement.
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  73. "Take THAT Elon Musk." Said Farley when launching the lightening, lol.
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  74. Shop used, simple.
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  75.  @ThatGuy-qg4ww  Never quite understood the reckless use of salt on roads, destroys so much stuff not just cars. We use tons of course sand and it does the job well.
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  76. I'm tiny minority apparently but want updates on your Tesla experience.
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  77. Not that unions ever care about what happens two yrs forward, but they'll be looking at zero income later this decade as Big 3 go belly up.
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  78.  @mitchthornton1820  Yeah somethings wrong with that picture.
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  79. The greedy workers voted for this result, can't believe they didn't expect it when it was obvious to everyone else.
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  80. We've had around 20% total inflation over last few yrs, that's not likely to reverse....dollar is simply worth less.
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  81.  @hkfan4596  I've long believed it to be inevitable, but also the unfortunate demise of legacy auto MFGs, they are simply too poorly managed to survive what's coming to the market. Ultimately it's all healthy, in rural America we used to rely on the likes of Sears, no one even remembers them now let alone misses them.
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  82.  @redhed9776  If it's more than the bare minimum you can get by with then you should have enough to pay cash for it twice over. The primary cost of a new car is generally depreciation. I've never bought a new car in 45 yrs of owning cars. (exception for a 1-ton service truck for my business) One can by an old Civic for very little and get by just fine. Live poor to become rich. Having driven econoboxes for decades, I can now drive what I WANT. The reason folks are living hand to mouth is poor or nonexistent monetary discipline.
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