/biz/ - Business & Finance

Who are they? Everyone knows when shit hits the fan you need to start flipping used cars. Well shit hit the fan, now used cars are getting flipped, hence their price going up

You'll own nothing and be happy.
Too many people had freedom of movement the last 70 years, time for the pod and public transportation.

>>50175694
not many cars are being made anymore. old cars die down, more people need cars every day. supply low, demand higher and higher. just wait and see how bad it gets in the next years without any public transportation

>>50175754
What does flipping cars mean?

the worst part of this is then the poors get scooters and are an even worse problem

>>50175694
can you retards ever just copy and paste the link to the article youre trying to have a (fake, gay) discussion about?

some people are humans, not zoomers, and therefore need more than a screenshot to passionately fake argue about a topic online

>>50175789
people run around flipping cars on their backs out of anger/resentment. they don't do that in your country? be glad

>>50175818
>google used cars
>click first article with matching headline
>gets mad at zoomers for not being able to google

>>50175789
You take a car and put a fan on the pavement next to it. Then you crouch over it and start to shit. When the shit hits the fan, you flip the car. It's just what you do. After that the price of the car goes up

>>50175694
Unironically its not entirely their fault this time, new car production across the board got hammered because of all the memevid shit, and while the west may finally be relenting a bit China is a different story. Until China also relents (lol) or Western auto makers learn how to do something that isn’t just offshoring overseas this is only gonna get worse as more backorders for new cars get made. Now demand for even the rustiest of shitboxes has skyrocketed on top of the clownconomy of todays times. Its just a symptom of a much larger problem.

>>50175694
>buying an internal combustion vehicle in 2022 instead of a personal electric vehicle that costs 10 cents to charge

shiggy

>but..but I need a bigger vehicle to haul my fat wife and shitty kids around

if you're married and have kids to transport you're already ngmi

>>50175796
>>50175896
Some people live further away from than job than a few inner city blocks, 20-40 miles is normal for a ONE way commute. also have fun getting robbed and shot, And enjoying the inclement weather

>>50175859
go ahead and google 'used cars' and tell me how many pages you click through to find this article, zoomer husk. ill wait

the irony is that i, as a non smartphone addled retard, would google 'average car payment 712' to find this article in seconds, but im still not going to do that

>>50175896
When you want to live as long as a biker but also need to look retarded this is what you get

>>50175991
>>50175947
this is what my city looks like right now

>>50175975
Yeah, I already posted the article and deleted it from my open tabs in my iPhone 13, so I’m not going to go back through my history for you lazy neckbeards

>>50175694
> why are they pricing out poors from house, car and fuel?
To bring down population. It was decided back in 1967

>>50175784
>Demand higher and higher
From fucking what? Birthrates are hard negative everywhere, labor participation tanked and dropping, the only explanation is boomers hoarding them for some incomprehensible reason.

>>50176044
Infact there are whole ass countries like libya, lebanon, srilanka, pakistan, yemen, haiti, peru etc that are on brink of civil war/starvation. This shit just isn't on news.

>>50175947
PEVs in 2022 all have ranges of 30 miles minimum, with some going as far as 100 miles on a single charge, and easily charged during working hours, taking only 3-4 hours to get full battery. Update your info gramps.

>robbed and shot
lol you live around niggers

>>50176022
looks fun

You will learn soon.
You can't know yet for you are weak minded.
You are not prepared for what is to come in the end times soon.

>>50175694
>lower-middle class.
No such thing. What was once middle class is poverty class now.
With rare exceptions that jumped into upper class.

>>50176044
>>50176138
I think we should ban nitrogen fertilizer created using the haber-bosch method. that would reduce our fossil fuel consumption by 20%, raise food prices considerably, and also kill off half the world population.

>>50175796
I FUCKING HATE EBIKES.

>>50175789
Hulk smash

>>50176277
You must love your neighbor as if they were your family, child. Hate is wrong Yahweh may guide you.

>>50176317
I hate 2/3 of my neighbors. I do not believe they own ebikes, however.

>>50176277
get used to them. as people become poorer and poorer, it's going to be like an electric taipei in american cities.

>>50176338
Hate is still wrong, child. Buy FTM to divert your hate towards that and away from thine neighbor.

>>50176277
no one cares about your opinion thankfully.

>>50175694
>be typical idiot
>buy $70000 truck
>take out 8 year loan to pay for it
>drive it 30 miles to and from work each day by yourself
>price of gas goes up
>WHY DON'T I HAVE ANY MONEY, THIS IS (((THEIR))) FAULT

>>50176399
well yea, it's (((their))) fault the economy got fucked up over the decades and he had to pay that much for a truck and actually have to get a loan for it

>>50176022
Why are all the low t snowflakes concentrated in cities?

>>50176040
but we can still pointlessly discuss it without even knowing the contents of the article, right?

>>50175818
based. fuck these dopamine depleted, negative attention span zoomer retards.

>>50176514
>low t
>snowflake
>cities bad

You've probably never had an original thought in your life, back to >>>/pol/ retard

I have a Tundra but also want an ebike, It'll be fun to park in the Tampa Bay area and the cruise around on the ebike.

>>50176514
you can also rent an actual bike without an electric motor if you dont want to be a pussy.

>trying to sell reliable (but awful) 30yo GM shitbox in alright condition
>reasonable price
>nobody contacts me, not even low baller offers

>try to sell rusty deathtrap
>don't even hide the rust
>couldn't get people to stop messaging me

selling cars is confusing.

>>50176514
it's where all the tech and service jobs are (low test jobs)

>>50176277
almost hit some fucker going the wrong way up the bike lane while I was making a left turn and he started chimping out and tried to smack my car

>>50176609
>I LOVE THE HUSTLE AND BUSSLE OF THE CITY
>I LIKE TO PAY 3K FOR A STUDIO APARTMENT
>DIVERSITY EVERYWHERE!!!!!

>>50176149
>duuuude just ride 100 miles on a magic skateboard
Nah

>>50176692
>le ebin 2016 "hustle and bustle, cities r BAD" /pol/ meme

It's like they mass produce you retards on that fucking cancerous board, let the men here discuss economics, try to stay quiet and learn something

>>50176692
>CITIES IS FER FAGGITS

>>50176731
>I wanna sit in my metal box that I took a big boy loan out to buy and go vroom vroom beep beep in rush hour traffic while paying for gasoline

K

>>50176149
ngl that nigga on the right looks pretty cool and futuristic

>>50176048
you couldn't even get a car license the last 2 years here due to corona. all that pent up shit from lock downs and restrictions are just flooding the markets that started adjusting for corona measures.

I'm guessing that people are doing something retarded like flipping cars. "Buy now, sell in a month and make a profit lolzers". And then in a year they'll be underwater on a loan for some 20 year old rustbucket they mistakenly thought would be a good investment.

>>50176048
Boomers are always ready to fuck things up, whenever possible.

>>50176852
Yes I'd like to be safe during commute and I'd like to go fast

>>50176933
take a look at the car price graphs on bringatrailer.com if you want a laugh

>>50175895
Ironically many western companies are sourcing out of mexico now, which means mexicans are more likely to stay in mexico/move back, which makes it harder for boomers running slavewage businesses to get cheap labor. Everything just keeps circling around to fuck the boomers in the ass that wouldn't have been a problem if they didn't sell society out 30 years ago in the first place kek.

>>50176957
It's weird that when not talking about le heckin trains they're talking about muh electric bikes. It's almost like it was never about public transportation and always about bots programming red ditors to hate cars.

>>50176767
>>50176824

>>50176767
>let the men here discuss economics
lol you actual child

>>50176873
if I saw that guy out somewhere I wouldn't hate, that thing he's got looks pretty cool and looks like it could really go.

>>50176824
it's mindblowing to think citycucks believe literally everything that isn't a globohomo skyscraper is the boonies
most normal people live in suburban areas. hicks and citycucks are two sides of the same extreme coin, much like actual neonazis and lgbtq++
you unironically need to touch grass

Btw, car loan industry is about to do a 2008. Banks have been giving out wildly irresponsible loans for cars, only 4% of borrowers have their ability to pay confirmed. This was fine for banks, because at worst they repossess the car, which, over the last couple years, was actually an appreciating asset. Now it's flipping, though, half of borrowers are behind on payments, and banks are going to get fucked.

>>50177121
>muh horseshoe theory
You're so close to being a human.

>>50177164
Can't say I'm shocked, but flipping cars sounds so degenerate.

>>50177121
i grew up in a rural area, worked in center city philadelphia for a while, and i now live and work in the suburbs. couldn't care less beyond ragging on mentally retarded ruraloids who think their mogadishu-tier economically underdeveloped zones of fentanyl epidemic commerce are superior in any way to any thing.

>>50176609
yikes. The left really can't meme.

>>50177009
I’ve been saying this shit for years, things would be so much fucking simpler and better if Mexico got all that outsourcing instead of the fucking Chinese. Either way fuck those boomer cocksuckers, bastards ruined everything, sold out everyone, ran up the bill and expect everyone else to pay for it. Way I see it, those fucks should be more thankful than a Yemeni kid getting a hoagie if they don’t end up in the most ghetto nursing home in their state.

>>50177164
Proof of this?

A lot of people I’m close with work in the exact industry your are describing , huge banks involved in that as well.

>>50175789
Basically you rape the car and jizz on the engine.

>>50177664
This thread is where I'm getting it from.
https://mobile.twitter.com/GrahamStephan/status/1542860418611564544

>>50177664
>>50177737
I'm re-reading it and realizing I misremembered a piece. 5% are behind on payments, half are "underwater"

Dude the dollar is crashing against all commodities and assets over time. People just don't notice because other fiats are rugging even faster.

Basically, BUY GOLD. Yes it fell 2% today but gold is falling more slowly than almost any other asset even when we get sparks of deflationary activity

>>50176048
new status truck/SUV. Americans are conditioned to get a new car the second their old one passes 100k miles, or their car loan is done, whichever comes first.

>>50177737
It won't be "another 2008" scenario because there's not nearly as much money in the auto market as the housing and cars are a lot easier to repo than a house. The only people getting fucked from this are going to be the poor who shouldn't have gotten the loan in the first place and used car dealerships since thejr entire industry is about to be flooded when they already have lots full of used cars they overpaid for. The current state of affairs was very obvious when caravana and other used car companies were getting a ton of traction and giving people more for their used cars than when they were new.

>>50175694
(((The environment)))

>>50175896
You truly are a piece of shit. If I heard some smug faggot say this IRL I'd beat them.

>>50175975
You google the headline retard.

>>50177926
Sure, I don't think anyone's expecting it to be on the same level. It's just a very similar cause and effect, which will have locally identical results. Nothing making waves the size of Lehmann though

>>50178004
Yes it's very similar in the way of irresponsible lending. I honestly feel bad for those who had to replace their car in the past 2 years because if they didn't pay cash they are going to be severely underwater. Tried to get my friend to sell his car to get out of his loan and buy a clunker with cash but when he went to the stealership our mutual friend who was a car salesroach talked him into buying a brand new truck.

>>50176277
They are amazing. Just got one last weekend.
Have fun spending thousands and thousands of dollars on some shitbox car lol

>>50175818
Humans don't click on the links giving der juden clicks
Post a screenshot of the article or link to an archive

>>50175896
>if you're married
>*Jerks off to porn*
>and have kids to transport
>*cries about how all women are whores and about being lonely in the same sentence*
>you're already ngmi
>*dies alone with slightly more money than his peers*
My kid and I shot off fireworks yesterday and my wife took it like a real American woman last night.

>>50175789
Here's a real explanation. It's like flipping a house, but for a car, and much harder. Essentially, you take a used car, fix it up internally or externally, and put it back on the market for a much higher price.

>>50176149
10/10 you pissed off obese driver kek

They are so lucky I was horni

>every citysoifaggot gets an EV
>when shit finally hits the fan they literally cannot get out of cities because their vehicles' batteries don't last long enough
it's gonna be a massacre for the ages

>>50178140
i can afford both :^)

>>50179163
Seriously didn’t these people watch the walking dead ?!

>>50179731
you making fun of me, frenchfaggot?

>>50175694
Gee anon idk maybe that great reset thing and the whole covid 2 year meme wasn't a figment of my imagination?

>>50175782
this, most people have been enjoying a lifestyle that they are not worth. there is an infinite supply of people and a finite supply of oil. its amazing that most people have been able to own a car for so long, but things are returning to normal.

>>50175694
There are hundreds of thousands of cars sitting on lots waiting for computer chips because of shortages. Maybe they should have used the chip fabs for these vehicles instead of chips for vidya game consoles. Every manufacturer has lots that look like this.

>>50176048
Demand isn't increasing. The total money supply is increasing.

>>50179853
they canceled their order, it's their own fault.

>>50175789
Step 1) Hulk out
Step 2) Flip car
Step 3) ???
Step 4) PROFIT

https://www.youtube.com/watch?v=WPOlLH8p8u8&t=215

>>50179972
This is the story, but desu it's sounding pretty bs
>oh sorry lol can't fit you back in, to the back of the line!
>2 year waiting period!
Why isn't any other industry impacted like this?

>>50180013
Because other industries aren’t reliant on ONE (1) crucial company.
It took until covid for them to think that hmm maybe we shouldn’t source all high-end chips from a single fabricator located in a politically contentious country, but it’s still going to be like five more years before the planned plant in the US even begins operations.

You vill drive an EV (charged by electricity generated from ze ruhr's finest coal) and you vill like it

>>50180093
And what does every other industry do? There's only a handful of plants.

>>50176022
I used to work for one of the scooter companies but when they fired me they didn't disable my employee app. I can unlock and ride any of their scooter for free lol

>>50180013
fabs allocate a percentage of their time out WAY in advance (months/years), if someone cancels they have companies willing to purchase the fab time. they do not want their machines idle, EVER.

t. waged in a semiconductor fab

>>50180365
So why are chips fucking car companies more than any other? They're losing millions so surely someone would pay the premium?

>>50178192
bait

>>50180410
fabs don't want to ruin their relations to give them allocation after cancellation, it breaks the trust and pushes back the schedule for everyone else. it's simply business.

>>50180178
They have normal product shortagesand increased product pricing, instead of having complete products made and sitting around without the chip. TLDR: They're not fucking retarded like car companies.

>>50177857
Nobody wants to know this. When you tell someone the dollar is -99% in the last 90 years you get a vacant stare.

>>50177926
>caravana
These guys gave me 2k for a literal fucking 20 year old rust bucket with a broke frame, not road worthy...

>>50175694
They want to destroy fertility rates. Not having a car in this day and age means you're priced out of the pussy market and therefore the breeding market

>>50175782
LMAO to anyone who thinks the hundreds of billions of dollars wasted or lost because of cars and their infrastructure has ANYTHING to do with "freedom". cars are just another shackle that the slaves will kill each other for today. you are literally forced to give money for this ton of steel to do even the simplest fucking tasks that could be done on foot or through superior means of transport

>>50180498
But you said if someone cancels others will pay for that time. No one's cancelled and no car company has paid?
>>50180518
So it's a car production issue?

I don't buy it.

>>50176824
all i see in this picture is white trash freedom which is infinitely better compared to being holed up in a tiny apartment you pay 2.5k for like a little rat bitch, meanwhile im shooting guns blasting music and smoking meth and doing whatever the fuck I want. Meanwhile u gotta look down when u see a black person in the city cause you get nervous, pussy nigga

>>50180785
they canceled, other companies bought that slot. now they have to wait their turn.
how is this hard to understand?

>>50176189
ID checks out

>>50176307
Thought the same thing for some reason

>>50176022
Gib cutie scooter asian gf

>>50179853
The chips used in even new automobiles are primitive compared to the ones used for game consols. Its entirely because they canceled their orders, for every one machine that produces the automobile chips, 50 others are dedicated to more up to date technology because that is where most of the demand usually is.

>>50175947
Average is 20-40 MILES HOLY SHIT, you'd catch me dead before I drive more than 10 Miles just to get to work. Do Rural Fags really think it's worth driving a F-150 40 Miles to and from work? I drive a Corolla 1 Mile to work, and I don't even live near a city, you need a closer job god damn.

>>50176662
high tech + low test

>>50175694
Told them to pump eet, sorry
Actually though, the answer is inflation especially in raw materials, especially lumber and steel, also more taxes.
>>50179835
>>50180775
I just don't get what it is with kikes and hating the cultures that take them in

>>50180775
ok so don't buy a car dumbass

>>50175694
You’re a retard if you buy a car brand new
>>50175896
Cope
I love my 4Runner because I go camping and actually have friends I want to ride with

>>50175694
First steps towards "you'll own nothing". You'll be only allowed to use public transport if you provide a valid vaxxpass.

>>50182273
20+ miles is pretty normal. Not everyone lives in a pod down the road from a wagie job. Suburban sprawl in the United States makes avoiding long commutes impossible.

>>50175789
Filipino cars

>>50178169
based.

>>50175694
You will own nothing and you will be happy.

>>50182273
>he doesn’t work from home
Get a load of this fag

>>50175789
something i watched antifa try to do and fail at the 2016 asheville nc trump rally. whole gang of them tried to flip cars and couldn't even get it to flip over

>>50181104
>they canceled, other companies bought that slot. now they have to wait their turn.

this, car companies cancelled in 2020 because pandemic, now they're playing catchup

>>50183811
should've filmed them

>>50177121
Lmao suburbs are worse than cities and small towns. You live in a niggercattle spawncamp. Only 1 of 10 suburbs is worth a shit, the rest are horrible gay places for fucking losers like you.

>>50176235
>What was once middle class is poverty class now
Me

>>50183817
Are you stupid? I said I know that's the story but it doesn't add up and some faggot larping as a semi conductor warehouse worker isn't going to convince me other.

>>50181954
Low t