[quote=limkotir]A lot of money and demand chasing too few goods. Going through the car buying process myself right now – different product but same story, but unlike cars and many consumer goods, you can just pump up the supply side of the equation to counter balance the demand.
$7M is quite out of reach for 99% of the public, but I wonder what is that sweet spot price that balances size, condition and the general area of the home to what you’re paying, if you guys know what I’m asking here — feels like $2.5M to $3M for these NCC homes tracked in this thread?[/quote]
Now is an awful time to buy a car. I would strongly advise against it unless it’s absolutely necessary….You are going to bend over totally, unless you have a way to get employee discounting.
Even the used market is crazy.. I gauge inflation and craziness by the outlook of miatas.
Um… These use to be cheap autocross/rally/HPDE beater cars around $2k.
Granted these two examples appear to have been rebuilt and one has some nice engine upgrades…But still…..That isn’t even a built motor. It’s probably just a normal motor with a blower attached to it. That S3 turbo kit on the second car doesnt add like $10k to the car’s price.
Also honda just announced they are starting to offer certified preowned cars for cars 10 years old. lol.
Good thing I kept my old one after the new one. One day it will be worth more than all my POS german cars combined… Just need a few more kids to crash and total some more.
