The average monthly payment for a new car was $733 in the second quarter of 2023. That could rise if auto workers strike long enough

[Captain Caveman]

$733.00, and just think if these workers get their ridiculous demands met, you can bet the new car price is going to skyrocket further.
$733.00!!! Henry Ford has got to be rolling in his grave.

• The United Auto Workers went on strike on Friday after the union's four-year contract expired.
• The strike could impact car prices and the US economy.
• The cost of a new car has increased since the pandemic slowed production.

The average monthly payment for a new car was $733 in the second quarter of 2023. That could rise if auto workers strike long enough.

The auto workers strike could hit consumers' wallets if the work stoppage lasts long enough.

www.businessinsider.com

If people think that's high, wait until they have no choice but buy electric, then it will double

 

[August West]

I'm not a union thug. Their time has passed.

I was a union thug for 35 years and in that time 9 men and 1 woman thugs were killed on the job. Industrial work is nothing like cubicle work.
Drug crazed Rush Limbaugh called striking nurses thugs. Some deaths are good.

 

[The Sage of Main Street]

Those union crybabies can't have it too bad if this pathetic clown show is considered a strike. Little more than another liberal whinefest. The auto makers should just fire them and be done with it.

Pretending to Be a Traitor to His Class

The answer to that would for the union to get people to volunteer to be scabs so they could sabotage the production line.

 

[Woodznutz]

It is not as easy to buy a used car as it was. Paying $20,000 to 50,000 cash for a car? Really? Some people refinance their home to get the money to get a car with a cash payment.

I meant pay cash for a used car.

 

[Flash]

I was a union thug for 35 years and in that time 9 men and 1 woman thugs were killed on the job. Industrial work is nothing like cubicle work.
Drug crazed Rush Limbaugh called striking nurses thugs. Some deaths are good.

Auto line workers skill level is about one half notch above McDonald's Hamburgers line workers.

Henry Ford hired unskilled workers for his assembly line and paid them more than unskilled workers were earning at the time and gave them the weekends off.

The workers were damn glad to get the job.

Unlike the greedy UAW assholes of today.

 

[EvilCat Breath]

I meant pay cash for a used car.

Still around $20,000 and up.

 

[Lisa558]

Still around $20,000 and up.

Depends on how old. Someone I knew just bought a used car for $13,000. It was what she could afford. Times are tough.

 

[EvilCat Breath]

Depends on how old. Someone I knew just bought a used car for $13,000. It was what she could afford. Times are tough.

Saving up $13,000 to buy a car cash is a big bite.

 

[Missourian]

I paid $1650.00 for my last one and it drives well. it is a 2003 Buich LeSabre.

 

[initforme]

Auto line workers skill level is about one half notch above McDonald's Hamburgers line workers.

Henry Ford hired unskilled workers for his assembly line and paid them more than unskilled workers were earning at the time and gave them the weekends off.

The workers were damn glad to get the job.

Unlike the greedy UAW assholes of today.

Those times are over. Thankfully. Any worker that just accepts what is offered and never complains is a very ignorant and a very poor worker.

 

[Lisa558]

Saving up $13,000 to buy a car cash is a big bite.

So what would you suggest instead?

 

[EvilCat Breath]

So what would you suggest instead?

Did your friend save up $13,000 and pay cash?

 

[Lisa558]

Did your friend save up $13,000 and pay cash?

I didn’t ask her. She showed up with a new-to-her car and she told me she got a good deal: $13,000. My guess would be she borrowed for it.

 

[EvilCat Breath]

I didn’t ask her. She showed up with a new-to-her car and she told me she got a good deal: $13,000. My guess would be she borrowed for it.

That's what we were talking about. Woodznutz said that people should save up and buy used cars cash. Even used is too expensive.

 

[Independent thinker]

$733.00, and just think if these workers get their ridiculous demands met, you can bet the new car price is going to skyrocket further.
$733.00!!! Henry Ford has got to be rolling in his grave.

• The United Auto Workers went on strike on Friday after the union's four-year contract expired.
• The strike could impact car prices and the US economy.
• The cost of a new car has increased since the pandemic slowed production.

The average monthly payment for a new car was $733 in the second quarter of 2023. That could rise if auto workers strike long enough.

The auto workers strike could hit consumers' wallets if the work stoppage lasts long enough.

www.businessinsider.com

Every policy the left has is social injustice because it hurts the poor and minorities more than it does the rich.

 

[Lisa558]

That's what we were talking about. Woodznutz said that people should save up and buy used cars cash. Even used is too expensive.

Yes, I’d agree. For the average middle class person, saving up cash for even a used car would be a challenge - especially given how high prices have gotten elsewhere. Still, buying a used car makes for a much more manageable monthly payment.

 

[task0778]

What happens when the cost of labor rises? Answer: the price of the product or service goes up too. Is anyone in any doubt of this? So, for the Big Three carmakers, whatever new contract they eventually agree to, the price of an American car or truck is going to go up, although there are some other factors. Like can they shift operations to a RTW state or even out of the country? What processes can they automate to save labor costs? Some models will be scrapped altogether and those plants will get shut down. There are market consequences if your price point exceeds that of your competitors. Like all those foreign carmakers, nothing will make them happier to see a higher-priced American product that doesn't have an appropriate increase in value.

 

[EvilCat Breath]

What happens when the cost of labor rises? Answer: the price of the product or service goes up too. Is anyone in any doubt of this? So, for the Big Three carmakers, whatever new contract they eventually agree to, the price of an American car or truck is going to go up, although there are some other factors. Like can they shift operations to a RTW state or even out of the country? What processes can they automate to save labor costs? Some models will be scrapped altogether and those plants will get shut down. There are market consequences if your price point exceeds that of your competitors. Like all those foreign carmakers, nothing will make them happier to see a higher-priced American product that doesn't have an appropriate increase in value.

They will just increase the term of the loan. Instead of 60 months, it will be 120 months.

 

[whitehall]

The socialist left hates smart people who create products and become rich but they never criticize selfish factory workers who strike during hard times and cause hardships for the rest of us.

 

[Flash]

Those times are over. Thankfully. Any worker that just accepts what is offered and never complains is a very ignorant and a very poor worker.

Those men that Ford hired knew their worth.

These greedy little UAW workers have no idea they are next to worthless.

Without Queer Barry's bailout there would be no GM or Chrysler. Without the massive government subsidies for these stupid EVs and government fleet sales the American car companies would have no future.