A Message From Lucianne  







S-G1




























ST-GC



        
 

 
Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google


  Topic: Superstorm Sandy will raise
used-car prices nationwide
Change your user profile.
If you are having trouble posting, please take the time to register.
Your User Name :
Your Password
  I forgot my password
Your Reply  :
Preview Reply     Post Reply
Superstorm Sandy will raise
used-car prices nationwide

Los Angeles Times, by Jerry Hirsch

Original Article

Posted By:JoniTx, 11/9/2012 10:51:16 AM

The estimated 250,000 cars flooded by Superstorm Sandy on the East Coast will drive up used-car prices, even as far away as California.The supply shortage comes on the heels of an already tightened used-car market in the wake of the recession, when new car sales dried up. Some experts say prices could rise $700 to $1,000 on the typical used car in the short term. Although those effects will be felt most acutely near the flood zone, the increasingly digital and national market for used cars will spread the price shocks widely. The flood of Sandy-damaged cars further

      


Post Reply  

Reply 1 - Posted by: cartcart, 11/9/2012 10:54:13 AM     (No. 9002400)

It sounds like a good way to get rid of all those unsold GM cars stacked up with no buyers.

  Click Here if you Like this Comment

    3 persons like this.


Reply 2 - Posted by: Hairy Eyeball, 11/9/2012 10:55:41 AM     (No. 9002410)

Used boats, too. The ones that we were looking at were snapped up right after the storm by people who lost theirs. It has been quite the buyers market. We'll see just how much demand affects the pricing as inventory of quality larger boats dries up.

  Click Here if you Like this Comment

    2 persons like this.


   

 

R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: Mass Minority, 11/9/2012 11:00:51 AM     (No. 9002438)

A drop in the bucket compared to the shock to the used car market from the Cash for Clunkers fiasco.

I tried to buy a used car for my son last summer. I was looking at 5 to 7 year old econoboxes with 80K to 100K miles on them. The selling prices were all greater than $10K.

In order to buy a used car for less than $10K you were looking at 8 to 10 year old vehicles with well over 125,000 miles on them.

We were shown 2004 Toyota Camrys with 90,000 miles for $13,500. 10 year old Chevy minivans with 150,000 miles for $8000. It was insane. We ended up buying a new car for mom and giving junior the old car.

I was gobsmacked. You could not find a used car for less than $6000 unless you wanted some decrepit piece of junk with 180,000 to 200,000 miles on it. Insane.

  Click Here if you Like this Comment

    3 persons like this.


Reply 4 - Posted by: skedaddle, 11/9/2012 11:48:25 AM     (No. 9002602)

We did exactly what #3 did. Used car prices are just too high to justify buying. We bought a new Civic with 5,000 miles for less than used Civics with up to 30,000 miles on them. The other brands weren't any better, either. Thank goodness we had created our own used car and we're in the process of doing the same thing for our next child. We also keep a old but serviceable 4-wheel-drive pickup - just in case.

  Click Here if you Like this Comment

    3 persons like this.


Reply 5 - Posted by: dadofboys, 11/9/2012 11:57:20 AM     (No. 9002633)

Im tired of hearing about this Superstorm and its 80 mile per hour winds. It was storm surge and a wet basement. The reason the monetary damages are so great is because the property is so much more "valuable". A shack that got blown away in a "real" hurricane like Hugo was worth 50,000 dollars, but same property in Jersey is 500K. After Hugo, I was building a house in Virginia and I could not 2x4s, shingles, or framers. everyone was in the carolinas rebuilding. If this was a real hurricane with big damage, there would be a shortage of lumber. I may be wrong, but I think we are a victim of Navel Gazing northeasterners who think that anything that happens to them is important.

  Click Here if you Like this Comment

    3 persons like this.


Reply 6 - Posted by: Rumblehog, 11/9/2012 12:00:42 PM     (No. 9002652)

"Cash for Clunkers" did that 3 years ago.

  Click Here if you Like this Comment

    2 persons like this.


Reply 7 - Posted by: coldoc, 11/9/2012 12:00:59 PM     (No. 9002655)

Judging by prices on craigslist and dealers,my old cherokee rock crawler has almost doubled in value the past 2 years. Now its almost worth fixing!

  Click Here if you Like this Comment

    3 persons like this.


   

 

  


 
Reply 8 - Posted by: jalo1951, 11/9/2012 12:01:47 PM     (No. 9002658)

Cash for clunkers destroyed a lot of good used cars causing a bigger shortage. obama might have saved "gm" but a lot of us can't afford the price tag.

  Click Here if you Like this Comment

    2 persons like this.


Reply 9 - Posted by: Rubinski, 11/9/2012 12:01:53 PM     (No. 9002660)

Maybe people should give up the thinking that they need a private care and use public transportation like they do in Europe. /s



  Click Here if you Like this Comment

    3 persons like this.


Reply 10 - Posted by: civilservant, 11/9/2012 12:02:22 PM     (No. 9002663)

In honor of Christie's efforts in getting the Presidebt re-elected, I say we call the program.........Kars for Kremes.
Yeah, not my best but I am not thinking straight since oh around Tuesday night.

  Click Here if you Like this Comment

    3 persons like this.


Reply 11 - Posted by: veritas, 11/9/2012 12:15:25 PM     (No. 9002717)

What I want to know is whether they found the person who coined the term "Superstorm Sandy"?

And... "dealt with" him?

  Click Here if you Like this Comment

    3 persons like this.


Reply 12 - Posted by: Conservativegirl, 11/9/2012 12:55:32 PM     (No. 9002820)

Anyone interested in buying a used car in the next 6 months should disabuse themselves of that notion. This happens after every storm catastrophe. I recall people as far away as PA buying like new vehicles at a great price back in 69-70 following Hurricane Camille, who ended up sorely disappointed. A little sawdust in the oil makes a flooded car run great - - for a couple of days anyway.


Girl's Hubby

  Click Here if you Like this Comment

    3 persons like this.


   

 

B-G1


 
Reply 13 - Posted by: spit the bit, 11/9/2012 1:56:11 PM     (No. 9003008)

After big storms and flooding, avoid used cars from auctions or lots that get their cars from auctions. Many of these cars have been damaged by water in ways not easily seen. Deal locally in cars that have a proper paper trail.

  Click Here if you Like this Comment

    3 persons like this.


Reply 14 - Posted by: Hermit_Crab, 11/9/2012 3:38:34 PM     (No. 9003304)

Not to worry.

Surely 0bama will come up with a "Cash For Sunkers" plan to help.

  Click Here if you Like this Comment

    3 persons like this.


Reply 15 - Posted by: LanieLou, 11/9/2012 8:40:54 PM     (No. 9003946)

Another brain fart by the LA Times... I'll drive my current 10 yr old car until it falls apart.

  Click Here if you Like this Comment

    3 persons like this.


Reply 16 - Posted by: Hamrman, 11/9/2012 9:04:05 PM     (No. 9003999)

And so will Barak Obama...

  Click Here if you Like this Comment

    3 persons like this.



Post Reply   Close thread 711377




Below, you will find ...

Most Recent Articles posted by "JoniTx"

and

Most Active Articles (last 48 hours)




Most Recent Articles posted by "JoniTx"



What the hell is this American
plane owned by the Bank of
Utah doing in IRAN?
Daily Caller, by Eric Owens    Original Article
Posted By: JoniTx- 4/18/2014 11:33:02 PM     Post Reply
On Tuesday morning, a plane owned in trust by the Bank of Utah showed up in a very visible area of the Mehrabad Airport in Tehran, the capital of the Islamic Republic of Iran. What was it doing there exactly? Nobody knows, reports The New York Times. Under President Barack Obama, the United States has eased some of the long-standing punitive economic sanctions against Iran. Still, very little American — or European — economic activity is allowed inside the religious theocracy. The Bank of Utah is certainly no Wells Fargo. The Ogden-based community bank has all of 13 branches including

Welcome to ´Katesland´: The
Duchess wears an L.K. Bennett dress
as she and Wills arrive in Brisbane
for day four of ten Down Under
Daily Mail (UK), by Rebecca English & Nathan Klein    Original Article
Posted By: JoniTx- 4/18/2014 11:05:34 PM     Post Reply
´Do you fancy jumping in the back?´ These were Prince William´s smooth words to Kate as the pair inspected the Super Hornets at Amberley Air Base shortly after touching down in Brisbane this morning. The pair is touring No 1 Squadron at the base - which is the first Super Hornet squadron outside the US. It´s a plane William won´t have flown himself in the UK - but he wasted no time stepping into the flight seat, while Kate watched on. He then stepped into the back seat - where the weapons are controlled, allowing Kate to take the pilot´s

Korea ferry accident: Bodies found
trapped inside sunken ferry
Reuters, by Staff    Original Article
Posted By: JoniTx- 4/18/2014 10:39:56 PM     Post Reply
MOKPO/JINDO, South Korea — Divers searching for survivors of a capsized South Korean ferry saw three bodies floating through a window of a passenger cabin on Saturday but were unable to retrieve them, the coastguard said, hours after the ship´s captain was arrested. The ferry, carrying 476 passengers, many of them schoolchildren, and crew, capsized on Wednesday on a journey from the port of Incheon to the southern holiday island of Jeju. Some 174 people have been rescued and hopes were fading for those still missing. The divers saw the bodies in a submerged cabin where many of the children

U.S. barbecues grow pricier as
beef, pork reach record highs
Reuters, by Lisa Baertlein and P.J. Huffstutter    Original Article
Posted By: JoniTx- 4/18/2014 10:30:31 PM     Post Reply
With the Chicago weather finally getting a little nicer, Chris Anderssen wanted to grill some burgers outside for a group of family and friends. When she got to the meat aisle at her local Jewel-Osco supermarket, a case of sticker shock made her change the menu: extra lean ground beef was $4.99 a pound. "Five adults, four teenagers, that´s a lot of hamburger to buy," said Anderssen, a 42-year-old mother of two who works as an office manager. She bought chicken instead for $2.99 a pound. Retail beef and pork prices reached all-time highs last month, according to Bill Hahn, agricultural

Parents and kids don’t want
Michelle Obama at HS graduation
Associated Press, by Staff    Original Article
Posted By: JoniTx- 4/18/2014 10:24:53 PM     Post Reply
TOPEKA, Kan. — If expanding the guest list to include Michelle Obama at graduation for high school students in the Kansas capital city means fewer seats for friends and family, some students and their parents would prefer the first lady not attend. A furor over what the Topeka school district considers an honor has erupted after plans were announced for Obama to address a combined graduation ceremony for five area high schools next month an 8,000-seat arena. For some, it was the prospect of a tight limit on the number of seats allotted to each graduate. For others, it was

   

 



 
GOP candidate ties his
opponent to Harry Reid
American Thinker, by Thomas Lifson    Original Article
Posted By: JoniTx- 4/18/2014 10:16:17 PM     Post Reply
Is Harry Reid unpopular enough to become an election issue for races nationally? A GOP incumbent in North Carolina is trying to find out. Stuart Rothenberg reports in his Roll Call blog: The 30-second spot, titled “Meddling,” accuses Senate Majority Leader Harry Reid, D-Nev., of “trying to fool Republican voters, meddling in our primary to get a weak opponent for Kay Hagan.” (Video) The North Carolina Senate race is rated Toss-up/Tilt Democrat by Rothenberg Political Report/Roll Call, in part, because of uncertainty in the GOP primary.

Dem consultants telling candidates
not to use the word ´recovery´
American Thinker, by Rick Moran    Original Article
Posted By: JoniTx- 4/18/2014 10:09:28 PM     Post Reply
Some advice for Democratic candidates from consultants: Don´t use the word "recovery" in your speeches. Associated Press: Election-year memo to Democratic candidates: Don´t talk about the economic recovery. It´s a political loser. So say Democratic strategists in a blunt declaration that such talk skips over "how much trouble people are in, and doesn´t convince them that policymakers really understand or are even focusing on the problems they continue to face." In addition, Stan Greenberg, James Carville and others wrote that in head-to-head polling tests the mere mention of the word "recovery" is trumped by a Republican assertion



Most Active Articles (last 48 hours)



Kim Novak responds to post-
Oscars ridicule: ‘I was bullied.’

50 replie(s)
Washington Post, by Soroya Nadia McDonald    Original Article
Posted By: MissMolly- 4/18/2014 5:02:40 AM     Post Reply
After presenting at the Academy Awards this year, Kim Novak didn’t want to leave her house. The Hitchcock screen siren, 81, was too humiliated to venture from her home near the Rogue River in Oregon. She read the cruel posts and Internet snark about her appearance, and it was just too much. “It got to me like it gets kids and teenagers,” she told the Associated Press. The “Vertigo” actress, considered one of the great beauties in her day, posted a note on her Facebook wall Thursday, acknowledging that she’d gotten fat injections in her face and addressing her halted

Analysis: Obama Celebrates
Eight Million ´Enrollments,´
Again Declares Debate ´Over´

43 replie(s)
Townhall, by Guy Benson    Original Article
Posted By: KarenJ1- 4/17/2014 8:56:28 PM     Post Reply
President Obama addressed the White House press corps today, announcing that with the final numbers in, Obamacare´s exchanges have attracted eight million sign-ups -- 35 percent of whom are "under the age of 35," he said. Several elements of his comments were misleading: (1) At first blush, the 35 percent stat is both significant and impressive. As recently as last month, the share of "young invincibles" signing up for plans was struggling in the 25 percent range, far short of the actuarial target of nearly 40 percent. A leap into the mid-30´s, while still shy of the goal, would constitute a major step, and would bode well for the risk pools'

Students Demand Acknowledgement of
Robert E. Lee´s ´Racist and Dishonorable Conduct´

42 replie(s)
Breitbart´s Big Government, by AWR Hawkins    Original Article
Posted By: Desert Fox- 4/18/2014 12:35:28 PM     Post Reply
A group of seven multiracial Washington and Lee University (W&L) students are demanding the school remove all Confederate flags from campus and "acknowledge" General Robert E. Lee´s "dishonorable side." According to the Roanoke Times, "seven multiracial students, calling themselves ´The Committee,´" have also demanded the school "acknowledge and apologize for participating in chattel slavery." They want recognition of "Martin Luther King Jr. Day on the undergraduate campus" and an end to "neo-Confederates" marching across campus "to the Lee Chapel on Lee-Jackson Day." The students say they will "engage in civil disobedience" if their demands are not met by September 1st. They added: "The

The Folly Of The Bundy Ranch Rebellion
41 replie(s)
The Federalist, by Grace Olmstead    Original Article
Posted By: Pluperfect- 4/18/2014 4:21:46 AM     Post Reply
It’s the stuff of Westerns: a showdown on the desert plains, the big bad government against an underdog farmer. Though the story has only grabbed national headlines in the past several days, rancher Cliven Bundy has illegally grazed cattle on the Nevada land surrounding his farm for over 20 years. He hasn’t paid grazing fees since 1993, and refuses to renew the necessary grazing permit.(Snip)Rather than using the avenues and pathways presented to him, Bundy has staunchly declared his own law and allegiances. Unfortunately, reality doesn’t work this way. If only it did—we could rebel for paying stupid taxes, refuse to

Michelle Obama Riverdances
Through Dublin to the Tune
of $7,921,638

40 replie(s)
Breitbart Big Peace, by Tom Fitton    Original Article
Posted By: JoniTx- 4/17/2014 6:45:16 AM     Post Reply
When it comes to tracking the cost of Obama family vacations, there are two primary challenges. First, the Obamas are prolific jet-setters, so there are many details to track. Second, the Obama administration, clearly embarrassed by these lavish and frequent family vacations, stonewalls the release of records at every turn. But we have been relentless in pursuit of this information. Our attorneys file the lawsuits and make our case, and our investigators pour through pages of records and crunch the numbers. And the information we’ve uncovered – information that would otherwise remain under lock and key – shows that the

Pelosi assists in Holy Week
foot-washing ritual

28 replie(s)
San Francisco Chronicle, by Staff    Original Article
Posted By: Harlowe- 4/18/2014 11:46:54 AM     Post Reply
To "honor the dignity and work of immigrants," Democratic House Minority Leader Nancy Pelosi helps Bishop Marc Andrus wash the feet of two children Thursday at Saint John the Evangelist Episcopal Church in San Francisco. Pelosi also used the occasion to talk about passing HR15 - bipartisan immigration legislation that her office says would "reduce the deficit by nearly $1 trillion, secure our borders, unite our families, protect our workers and provide an earned pathway to citizenship." The Democratic leader´s ceremony coincides with Pope Francis´ similar ceremony in Rome to mark Holy Week.

Deadbeat on the Range
27 replie(s)
New York Times, by Timothy Eagan    Original Article
Posted By: Pluperfect- 4/18/2014 3:52:52 PM     Post Reply
Imagine a vendor on the National Mall, selling burgers and dogs, who hasn’t paid his rent in 20 years. He refuses to recognize his landlord, the National Park Service, as a legitimate authority. Every court has ruled against him, and fines have piled up. What’s more, the effluents from his food cart are having a detrimental effect on the spring grass in the capital. Would an armed posse come to his defense, aiming their guns at the park police? Would the lawbreaker get prime airtime on Fox News, breathless updates in the Drudge Report, a sympathetic ear from Tea Party Republicans?

   

Post Reply   Close thread 711377





Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google


© 2014 Lucianne.com Media Inc.

~~~c~~~