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   alt.home.repair      Home repairs and renovations      32,593 messages   

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   Message 31,643 of 32,593   
   Frank to Jose Garcia   
   Re: K-shaped cars: New vehicle prices to   
   16 Oct 25 09:46:53   
   
   From: address@is.invalid   
      
   On 10/16/2025 6:34 AM, Jose Garcia wrote:   
   > On 10/15/25 13:46, adolph wrote:   
   >> DETROIT - Look no further than the automotive industry for the latest   
   >> indication that U.S. consumers could be facing a "K-shaped" economy,   
   >> where the wealthy keep seeing gains while those who have lower incomes   
   >> struggle.   
   >>   
   >> The average price paid for a new vehicle last month topped $50,000 for   
   >> the first time ever, Cox Automotive's Kelley Blue Book reported Monday.   
   >> Meanwhile, auto loan delinquency rates remain near all-time highs for   
   >> those with low credit ratings.   
   >   
   >   
   > Ross Perot warned us about the giant sucking sound. Well, here we are.   
   > It's deafening!   
   >   
   > I expect China Harbor Freight to be selling cars soon.   
   >   
      
   What I heard and what Google says: "U.S. EV sales surged a record 40% in   
   Q3, driven by a rush to buy before the $7,500 federal tax credit expired   
   at the end of September."   
      
   EV's are expensive and may be responsible for cost increase.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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