Building off the used car thread, I’ll be in the market for a new car next year. I’ve always bought used and would like to try new this time, but is that a mistake with the car market like it is? I don’t urgently need a new car, is it better to wait till later in the year or possibly 2024?

like
Posting as :
works at
You are currently posting as works at

Just wait. Inventory is already increasing for most models. By March of next year, I'd guess nearly all non-premium models will have surplus inventory on the lots.

like

I think it depends what you want. I wanted a new Yukon or Tahoe and started looking in October. I was looking for the nicest finishes, and there were none just on hand. The recommendation was that I order a car (which costs $500-$1000) and the dealership agreed if I found a car I liked before my came in, I could walk away from the car I ordered and they’d reimburse me. They also said the only way I’d get one before then was if someone else had ordered something and walked away. We ended up finding a used 22 with less than 5k miles so we bought that. I’d recommend going to talk to a few dealerships because if it’s still a 9 month wait, you may want to get the process started and from my understanding, you couldn’t lock in price or int rate.

like

Look up YAA on YouTube. They analyze the car market and post a lot of helpful videos

like

Do you want to be my car-mate? Contribute based off of the percentage of miles driven. Any long trips require at-least a week’s notice. Since we both don’t need a car urgently then its more of a want than a need.
JK but I guess that would a good concept! Good luck for your search.

I have little kids and car seats so probably not a good candidate for this, but it’s such a good idea.

I do have a 2014 Subaru with 56k miles I’ll be looking to sell sometime in the next 6 months, but no idea if you’d be interested or if that timing would work for you.

Wait across the board unless you’re going straight cash (and even then, maybe wait unless there’s a clear and obvs deal). New and used are still pretty inflated and cost of debt is climbing… all the while the prior years’ inventory response is finally catching up. Dealers should be more flush with inventory in 2024 both because factories and supply chains have loosened and people are buying fewer cars because interest rates are 🚀

Related Posts

Don’t mix Investment and Insurance.
Buy term insurance in your early age.
Invest mix mode equity and debt .
Ping me for invest and insurance help.
Also get discount price for insurance

like

Is it a good idea to invest in your UK pension fund over the max your employer will contribute/match? This may potentially lower income tax but then one can't really access the pension pot till retirement. Or is it better to invest post-tax income into a stocks and shares ISA to avoid capital gains tax? TIA!

like

Hi guys! Looking to learn about real estate investing! I am a senior in college graduating with a degree in finance so I understand certain aspects, but am looking to learn more on my own about real estate specifically!

What books would you recommend I read?

like

Making a lot of money relative to the average but feeling poor? Median after-tax income was ~$55,000 in 1981 and was ~$73,000 in 2020. Using a Bank of Canada inflation calculator $55,000 in 1981 is equivalent to ~$165,000 today, which would put someone in the top 10% of earners today. But in 1981 the median family had that extra money. Who can I blame?

Post Photo
like

Why so red? Any stocks good to buy now?

like

Anyone interested in property (land ) purchase in Group..

Contact me if interested:
9604060922

like

To take advantage of the next big economic downturn, should I set up a Robinhood or Charles Schwab account?

likehelpful

Who does your taxes? Need a recommend. Thanks.

like

I don't want to ask the Mck recruiter more questions. Can someone explain the differences in the Profit Sharing Retirement Plan and the Money Purchase Pension Plan? Does Mck contribute to both?

Up to what salary did you contribute to Roth retirement accounts before switching to traditional?

likehelpful

What’s a reasonable amount to coinvest in a PEs fund? ~$300k nw

like

Noogler question: are approved Amex expenses from concur directly paid by google to Amex? Or I gotta to pay? My expense was approved but has not yet been fully received in my account..

like

What's up with risk declaration?

I'm working as an Assoc Consultant at KGS Advisory (tech). Are employees allowed to invest in all mutual funds (except those on REL)?
What are the restrictions for people who are not auditing?

like

Have 20k, what’s a good small business to start with this fund? Serious question here

like

Right now sitting at 40% cash in brokerage account. Want to decrease the cash reserve to 15% to 20% but not sure if I should just buy more stocks now or wait for the next market correction. I know never time the market but still.....

like

What motivates you to start or keep up a side gig? Is it just having more income or a specific financial goal?

like

Hi fishes, need urgent advice. How is the HDFC Index Sensex Plan? I have invested 75K but it's in loss as all others. Should I continue to average it out or stop investing in it? The loss is higher in this compared to other funds.

Don’t mind me here as an international student just sitting here with my bucket of popcorn watching you all bicker about student loan forgiveness

Post Photo
funnylike

What are your plans for your tax return? Looking for some ideas that are reasonable, Thx.

More Posts

To ZSers who got onsite: How to get onsite opportunities as BTSA?

like

I'm SVP/strategy for a PR agency. I moved into PR, Healthcare, and Strategic Planning only 3 years ago. An agency recruiter is trying to convince me to move into a GSVP account role, assuring me "at that level it's all strategy." (I dont think she understands the words she's using. Or that I'm qualified). But long-term, knowing account roles are so much more plentiful than brand planning in PR, I'm wondering if I should start thinking about account. Anyone here moved from strategy to account?

like

Reports are that the average tenure of people in top consulting firms is 2.4 years. Interesting how the industry is even shorter. Thoughts?

Post Photo
like

I cleared the interview of Tech Mahindra and got mail to submit the documents.

I have 6.7 years of experience in a niche technology. Current package is 14.5lpa.
My interview went good.

How much should i ask for ?
And, will i get the offer after i submit the documents?Tech Mahindra

Hello
Can I pl get help in SQL
Thank you

like

Why is this group so dead??
Something wrong with our Desi mentality ?
I am sure most of the people are single here, still it’s too empty and dull, what’s wrong with us 😂😂

like

Has anyone seen Omega’s new Seamaster? Thoughts? I mean the only thing that’s stopped me from going 20,000 ft underwater is the right watch…unfortunately at 45.5mm in diameter and 56mm lug to lug, it’s too big for my small wrists. Oh well, guess I won’t be going underwater. Just kidding haha - I think it’s cool and I do like that they ditched the HEV

Post Photo
like

I put a deposit down on a Rolex for my wife last November with my local dealer. Nice guy and no reason to doubt it as I underwent here were a lot of delays with Rolex. He initially said they’d expect it in 3-4 months and has since said they’re working to fulfill all orders by end of June. Is this ridiculous or sound about right?

like

Anyone have advice on how to approach a re-applicant essay asking what you’ve done since you last applied? My only update is a promotion…

like

🤙 When interviewer asking - “Where do you see yourself in 5 years? “
What is the most relevant answer? 🤥

like

Probable in hand salary for given fixed salary

Dobara mat puchna😁

A step towards Atma-nirbhar Bharat!! 😁

Post Photo
likefunny

Anybody using P100 masks instead of N95?

like

For Plaintiff's attorneys, how big is your caseload? What kind of cases are the majority of them and are they in suit? I am currently handling 150+ mostly MVAs and premise liability cases, just about all in suit, (on top of about 10 DUIs and other small traffic matters) and I feel like I'm drowning and looking to jump ship. What is normal/to be expected? In NYC area if that matters

like

Anyone got a six figure base as an AE? Hunting around for companies with 6-fig base and similar commission. Seems to be mostly field / enterprise pay.

like

Does Bank of America have a car lease policy ? If yes, which band are eligible for the same ?

like

Minnal Murali dazzles. What I really liked was how they created a very ‘Mallu’ context for a super hero movie 🎥

like

Who’s working on the twitter acquisition? The dataroom has to be nuts.

likefunny

Can you get fired for having low utilization as a senior? My billable hours this busy season have been much lower than my peers.

like

Hello, I have an interview scheduled for the position of Product Manager for Mumbai location. Could anyone please help me with details like culture/benefits and pay at ICICI?

Additional Posts in Houston, TX

Moment of desperation - this sweet girl we’ve named Lucy is in need of a forever home. Eado stray we took in - SO sweet. Just needs more attention than we can give her. Any help is appreciated!

Post Photo
like

Best ways to sell used furniture?

like

How is everyone doing? And are you currently working while everything is going on?

like

Any associates or seniors wanna watch the Astros game somewhere?

like

Recently moved to Houston! Opened to meeting people 🙂. F32. Currently living in downtown.

like

Apartment gym and pool have opened back up ! Finally!!!

like

Which beach to visit?

like

**HAPPY HOUR**

I'm in the back of Kirbys Ice House (River Oaks location) at a table with 2 couches.

You'll see the Fishbowl balloons.

like

Looking like I'm moving to Houston early next year from DC for work. Any favorite neighborhoods for someone in their late 20s? Priorities are really just good food/bars. Would love to be in the $2-2.5k range.

like

F fishes, which one do you prefer Ariat or Lucchese?

like

Should I expect an income drop moving from CT to Houston?
Currently Tax Associate 1 (2 busy seasons) making 72k at a midsized firm.

like

Great day to be on the bay

Post Photo
like

Any warehouse mangers in this bowl?

like

Anyone knowledgeable of any car lease deals/incentives in houston for year end?

like

New things went in on 11th Street in the Heights and Boomers on Nextdoor are upset

Post Photo
likefunny

Anyone from Deloitte in Houston have issues with their cell phone in the office? The place is like a giant intermittent faraday cage…

like

Looking to relocate from VA to Houston, any recommendations on apartments?

like

Getting a bit stir crazy. Any recommendations for a 4-5 day relaxing trip within driving distance?

like

Anyone have tips for finding out about social events/does anyone want to hang? Moved here late last year and it's hard to meet people

like

Anyone know of affordable dentists in the Houston area? I’m paying out of pocket for this and I more/less know what work I’ll be needing. I’m eager for recommendations!

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal