New Car Prices are Coming Down

I have frequented “Bob is the oil guy” site for years. I also send oil samples to Blackstone labs for oil analysis. I’ve never had to shorten oil change intervals and pretty much go by the Blackstone lab reports. Our 98 4runner has 240,000 on it, minor issues like belts and one wheel seal. Regular maintenance such as brakes, oil changes and timing belt change. Great vehicle. Sons 99 4Runner has over 350,000, same stuff as mine. We have always used Mobile 1 full synthetic.

 

Research Valvoline Restore and Protect. Excellent reviews and test results. I ordered some.

 

I watched his video about this when he first filmed it. Very interesting product that actually does what it claims to do. I plan on trying this on my brother-in-laws 2006 tacoma that has 270,000 miles and does have some gunk buildup in the valve cover.

 

Sign up on Valvoline's website. They run BOGOs fairly often. When they do, it's at the cheapest you'll find it.

 

Thanks, I ordered some for my Tesla.

 

Don't forget the muffler bearing grease. I'd spring for the synthetic.

 

Appreciate the info. Found an inverse fund for the automotive industry which appears to be very niche. Threw some of my fun "play the market" money into it. Will advise how it goes.

 

Good luck. You probably got help today with the job numbers which will slow rate cuts and further depress demand, but the question is how much of their distress was already priced in. Will be interesting to watch.

 

I can’t imagine it would make any kind of impact in the auto market outside of the region. If 12,000 houses burned and we assumed 2 vehicles per house were left behind then you’re talking about a 20th of 1 percent of the number of cars sold in one year.

 

We now have two 4Runners as our our daughter turned 16 so we were going to get a third vehicle and then we our 11 Yukon XL got totaled being rear ended and the 07 Tahoe finally got to the point of no more fixes. So the first 4 Runner is the one our daughter drives typically. Also got a Grand Highlander for family travel. Have to admit. I miss the space of the Yukon XL when traveling long distances. But sadly…in a year and a half our oldest will be in college.

 

Perhaps they should have considered cheaper, but used cars the last few years have been astronomically high.

I think this reflects a combination of two distinct issues: 1) car price bubble which has significantly collapsed, and 2) people with little financial sense that should have just stuck with their existing car instead of rolling negative equity into a vehicle that itself will go underwater in the loan.

 

Going to need some 30W ball bearings as well.