# 'Discounted Cars Benefit Buyers, but May Spell Trouble for Industry' **URL:** \ **Category:** General Discussion\ **Created:** [May 12, 2017, 8:45pm UTC](https://community.cartalk.com/t/discounted-cars-benefit-buyers-but-may-spell-trouble-for-industry/103854 "2017-05-12T20:45:42Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![RandomTroll](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/randomtroll/32/12184_2.png) [@RandomTroll](https://community.cartalk.com/u/RandomTroll)\ **Post date:** [May 12, 2017, 8:45pm UTC](https://community.cartalk.com/t/discounted-cars-benefit-buyers-but-may-spell-trouble-for-industry/103854/1 "2017-05-12T20:45:42Z")
> **[Discounted Cars Benefit Buyers, but May Spell Trouble for Industry](https://www.nytimes.com/2017/05/11/automobiles/wheels/car-dealers-discounts-price-cuts.html)** > > Hefty price cuts are the latest signs of difficulty in the auto industry, which faces declining sales. boo hoo ---
**Author:** ![jtsanders](https://avatars.discourse-cdn.com/v4/letter/j/c2a13f/32.png) [@jtsanders](https://community.cartalk.com/u/jtsanders)\ **Post date:** [May 12, 2017, 9:17pm UTC](https://community.cartalk.com/t/discounted-cars-benefit-buyers-but-may-spell-trouble-for-industry/103854/2 "2017-05-12T21:17:24Z")
As long as you buy cars, you can get a great discount. Trucks are still the cas cow for the auto companies. I also agree with you. I’m interested in saving money, not providing the Ford family with enough money to buy Wisconsin. ---
**Author:** ![Propane\_Car](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/propane_car/32/6561_2.png) [@Propane\_Car](https://community.cartalk.com/u/Propane_Car)\ **Post date:** [May 12, 2017, 9:29pm UTC](https://community.cartalk.com/t/discounted-cars-benefit-buyers-but-may-spell-trouble-for-industry/103854/3 "2017-05-12T21:29:33Z")
Banks are also tightening up credit for the sub prime borrowers due to higher default rates. If you want to buy a car and can wait another 6 months to a year, you could be in for a real bargain! The population is aging. Younger people don’t want to drive at the same frequency as prior generations. Cars are lasting much longer. This could yield a huge glut of good cars on the market. ---
**Author:** ![jtsanders](https://avatars.discourse-cdn.com/v4/letter/j/c2a13f/32.png) [@jtsanders](https://community.cartalk.com/u/jtsanders)\ **Post date:** [May 12, 2017, 11:18pm UTC](https://community.cartalk.com/t/discounted-cars-benefit-buyers-but-may-spell-trouble-for-industry/103854/4 "2017-05-12T23:18:34Z")
I’m pleased to hear that banks are tightening credit for poor credit risks. How long will that last? The job market is becoming a seekers market, and that should mean poor credit risks are more likely to get and keep a job. And how do we know that they will remain poor credit risks? ---
**Author:** ![George\_San\_Jose1](https://avatars.discourse-cdn.com/v4/letter/g/e5b9ba/32.png) [@George\_San\_Jose1](https://community.cartalk.com/u/George_San_Jose1)\ **Post date:** [May 13, 2017, 12:43am UTC](https://community.cartalk.com/t/discounted-cars-benefit-buyers-but-may-spell-trouble-for-industry/103854/5 "2017-05-13T00:43:33Z")
Just last week on the radio I heard one Toyota dealership offering a substantial rebate if you by a new Corolla. $1500, something like that. It’s pretty unusual to hear of a rebate on a Corolla, so maybe there’s something to that NY Times story. I’d guess the reported reduced car sales is caused by - new car prices increasing - cars are more reliable, so last longer, less need to buy a new one - new car complexity turns some potential buyers away - some new cars are plenty ugly - demographics, folks in the typical new car buying age — 25 through 45 maybe – have less disposable income than that age group used to have access to in years past. Salaries not keeping pace these days, health care costs, etc. ---
**Author:** ![Barkydog](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/barkydog/32/2470_2.png) [@Barkydog](https://community.cartalk.com/u/Barkydog)\ **Post date:** [May 13, 2017, 1:03am UTC](https://community.cartalk.com/t/discounted-cars-benefit-buyers-but-may-spell-trouble-for-industry/103854/6 "2017-05-13T01:03:35Z")
I doubt big trouble for a slump in sales, what major car maker has died in recent history? ---
**Author:** ![bing](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/bing/32/4619_2.png) [@bing](https://community.cartalk.com/u/bing)\ **Post date:** [May 13, 2017, 9:04pm UTC](https://community.cartalk.com/t/discounted-cars-benefit-buyers-but-may-spell-trouble-for-industry/103854/7 "2017-05-13T21:04:33Z")
Yeah I’m sure it’s got nothing to do with all you can get is a turbo charged four cylinder engine and the fact they all look the same.