Are ATVs/UTVs overpriced?

[Torvy]

Or a Jeep. I've got a WHOLE lot less money in my CJ7.

How does that dump bed work on your jeep?

 

[BleedingOrange]

Torvy, I respectfully disagree. What it means to me, when I see this overpriced stuff still selling is, a lot of people do not understand how financing works, and what the total cost of financing will be. They decide they have to have it right now, it has to be bigger and or faster than their friends have, and they jump in with the lowest down payment possible, and the lowest monthly payment, stretched out to forever.

 

[DarkBlack]

a 20", small wheel, 3.5 hp machine. As basic as it gets, and they used to be $99-$125, all day long. This one can be yours- not mine- for $319.00.

Hey, it only increased 200%

 

[CloverKnollFarms]

I paid $3500 for a like new Polaris Sportsman (6) years ago. Today it's worth more than that used, and a new one is about $10k

Prices are stupid... But people keep borrowing. They will stop someday.

We use it for work around the property, and it does a fair bit of small acreage field work. For $3500 it was a steal. I wont replace it until it's dead...

 

[Torvy]

Torvy, I respectfully disagree. What it means to me, when I see this overpriced stuff still selling is, a lot of people do not understand how financing works, and what the total cost of financing will be. They decide they have to have it right now, it has to be bigger and or faster than their friends have, and they jump in with the lowest down payment possible, and the lowest monthly payment, stretched out to forever.

You can disagree on opinions. Pricing is a fact of Economics. Literally nothing can be overpriced unless it is not selling.

 

[DK35vince]

A lie? I pay off my credit card every month and avoid all interest charges.
Is that so hard to believe people can do it?

So do we.
Credit card is paid off every month.

 

[Snobdds]

Torvy, I respectfully disagree. What it means to me, when I see this overpriced stuff still selling is, a lot of people do not understand how financing works, and what the total cost of financing will be. They decide they have to have it right now, it has to be bigger and or faster than their friends have, and they jump in with the lowest down payment possible, and the lowest monthly payment, stretched out to forever.

The top 20% have no concerns over money. The Covid era produced over 7 trillion dollars that needed to find new homes.

There is still a lot of money that needs to find an asset.

 

[Snobdds]

So do we.
Credit card is paid off every month.

I have my accountant pay everything off after 32 days. Then you get the CC rewards and build some credit. The interest on 2 days is minimal.