Tractor lots are full

[Jchonline]

At least in the US, we will see market corrections. Late 2019-2022 was all in favor of the Seller (due to manufacturing challenges and buyer behavior) ....now we will eventually get back to a balance where Buyers have more advantages. It may be a few more years but it will correct itself. Simple supply and demand economics.

 

[bnold]

Read up on the tesla model...

Best car buying experience I’ve ever had…

 

[Snobdds]

Best car buying experience I’ve ever had…

and dealers are a dying model...

 

[deezler]

Michigan Kioti lots are empty.

Not Aeschilman's at US23 and 6-mile. They have around a dozen Kiotis on their lot (easily visible from highway).

And like 40+ LS tractors....

 

[2manyrocks]

The degree of risk shifts a lot when going from a situation where the lender's cost of funds is low, they can charge an affordable interest rate to their borrower because their cost of funds are low and expected to remain low, and the borrower can sell cars left and right at a profit so they should be able to repay their floor plan loan without a problem.

When the Fed rate doubled in a year, the interest charges had to go up meaning the borrower has to come up with more money to repay their loan, and the prospect of an economic decline where cars will be harder to sell all point to a more risky lending environment.

Amazing what happens when they actually start expecting a modest amount of interest to be repaid on a loan.

 

[5030]

Not Aeschilman's at US23 and 6-mile. They have around a dozen Kiotis on their lot (easily visible from highway).

And like 40+ LS tractors....

Just went by there myself. Never dealt with them. My dealer is much closer.

 

[5030]

I see the guy across the street isn't working (GM in Toledo), I wonder if they are shut down?

 

[scootr]

"They" call it "refund" to make people think the Fed Gov't is giving them money.

I remember when I had 9 kids (all mine) I was paying no federal income tax and getting money on my tax return. Wouldn't call that a refund.

Now I just wrote a check to the IRS for $8500. I believe all tax payers shouldn't be able to have their federal income taxes deducted from the paycheck but have to write a check to the IRS to see how much is being stolen from them.

If you think the Govt is trying to fool you by using big words you should use a dictionary.
By definition to refund is to give back or restore (applying to $). This clearly indicates $ was taken from the payee and returned. Re-funding the payee.
I'm old enough and smart enough to know all about taxes hidden, abused, funneled, and wasted.
Your check is not so big. Many people people pay much more. This is not the place for this discussion.

 

[5030]

Now I just wrote a check to the IRS for $8500. Which is almost exactly with our refund was... Thanks.

 

[2manyrocks]

Inflation was described as a "hidden" tax in economics class. It's at the highest since the 1980s, but harder for any individual to put an exact number to without having past spending records on hand to compare.