Recession-resistant stocks? Check AZO. CAGR >12% for last 10yr, +43% yoy, +125% last 2yr, +315% last 5yrPopular-Pollution-29 t1_iuh2mil wrote
Reply to comment by Illustrious-Lock9458 in Recession-resistant stocks? Check AZO. CAGR >12% for last 10yr, +43% yoy, +125% last 2yr, +315% last 5yr by miataowner
If they sell the ev bolt for 28k I find it hard for them to sell an ev suv for 23k. Most people don't even know the difference between a crossover and a suv.
The electric car rebate isn't a refundable tax credit, and a good portion of people won't get anything for the rebate.
Illustrious-Lock9458 t1_iuh6i64 wrote
ok still 30k with no rebate lol
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https://www.cnn.com/2022/09/08/business/chevrolet-equinox-ev
Popular-Pollution-29 t1_iuh6oww wrote
Don't give a news story. Give a sticker price at the dealership.
Illustrious-Lock9458 t1_iuh81uz wrote
Ok will do when its released lmao, sounds like you got finessed by a cars salesman dude
Popular-Pollution-29 t1_iuh88o4 wrote
Once before by a few thousand more than what I should have paid. Which might be a little better than you because I doubt you have ever bought a new car.
Illustrious-Lock9458 t1_iuh8yka wrote
You're right I don't like wasting 30-50% value just driving out of a lot.
Popular-Pollution-29 t1_iuh928q wrote
So you buy used cars?
Illustrious-Lock9458 t1_iuha35e wrote
Yes sir, maybe you should watch this guy https://www.youtube.com/watch?v=pjFSxdRKhMo&ab_channel=ScottyKilmer
Before you get finessed again.... You could of wasted that money on meme stocks or something cool
Popular-Pollution-29 t1_iuhaqep wrote
I seen some of his videos.
I bought a new chevy Cruze in 2016 for $14,500 out the door. Now that car is worth around $8,000 and a little over a hundred thousand miles on it. Was it better for me to buy that car new or used? Don't get me talking about my 2014 truck I bought new, I could sell it for more than what I bought it for.
A lot of the time it's better to buy a new vehicle at the right price.
miataowner OP t1_iui1uit wrote
Doesnt this just further reinforce the point of AutoZone? Buying used to conserve money means youre the exact market AZO is targetting.
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