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Edmunds Members - Cars and Conversations

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  • kyfdxkyfdx Posts: 184,684

    fintail said:

    In the ~15 years I have made meaningful retirement contributions, I am at something like 9% annually, and I don't have the most aggressive mix.

    Much Seattle area real estate is up 1000% from that 1987 timeframe.


    dino001 said:


    What did you invest in? Trump Casinos? :wink: S&P is up over 450 percent and that doesn't even include dividends, cashed or reinvested.



    That’s about what I’ve averaged too. And to think I could have bought Apple for $15 at the end if 2002.
    Could have bought Apple in 2017 for around $90. I missed it, and kept waiting for it to pull back. (which it never did) Of course, now it's $500 (before split). :'(

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dino001dino001 Tampa, FLPosts: 5,943
    kyfdx said:


    FDX was $10/share, split-adjusted in 1987. Now, it's $260/share. Up 2500%.
    It isn't even one of the higher ones. I'm pretty sure your investments have gone up a lot more than 130% ;)

    One would have to be extremely unlucky or extremely unwise to make less than 130% from 1987, assuming diversified portfolio may have couple of real busts in it, like say Enron, Lehman Brothers shares. Even bonds, gold, or GE's dividend would likely make you more over these 34 years.

    2018 430i Gran Coupe

  • driver100driver100 Burlington, ON 7 mo/Tampa FL 5 moPosts: 28,518
    An average car cost $13400 in 1987 according to this price of cars chart (they don't say what that car is);
    https://blog.chron.com/carsandtrucks/2016/04/cost-of-a-car-in-the-year-you-were-born/
    Using an inflation calculator $13400 is equal to $30820 today. The average price of a car today is $38000.
    So, the average price has gone up, but look at the equipment in most cars that are bought today, moon roof, GPS, heated seats/steering wheel/ Blue Tooth compatibility, Cameras, Blind Spot, Better engines, turbos, better tires, more electronics, Stop/Start (ha ha), and people are buying more expensive cars overall....MBs, Audis, BMW etc.

    *You would actually have to compare a Malibu say to a Malibu...to get a true idea.

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • tjc78tjc78 South JerseyPosts: 11,869
    Most base models today are the equivalent of fully loaded models from the late 80s.

    There just aren't really any "stripper" cars anymore. How many cars built today can actually be spec'd with crank windows and no A/C?

    You can probably count on one hand.

    2020 Volvo XC90 T6 Momentum / 2019 Volvo S60 T6 Inscription

  • dino001dino001 Tampa, FLPosts: 5,943
    edited March 5
    driver100 said:

    An average car cost $13400 in 1987 according to this price of cars chart (they don't say what that car is);
    https://blog.chron.com/carsandtrucks/2016/04/cost-of-a-car-in-the-year-you-were-born/
    Using an inflation calculator $13400 is equal to $30820 today. The average price of a car today is $38000.
    So, the average price has gone up, but look at the equipment in most cars that are bought today, moon roof, GPS, heated seats/steering wheel/ Blue Tooth compatibility, Cameras, Blind Spot, Better engines, turbos, better tires, more electronics, Stop/Start (ha ha), and people are buying more expensive cars overall....MBs, Audis, BMW etc.

    *You would actually have to compare a Malibu say to a Malibu...to get a true idea.

    Yes, the "average car" back then was probably somewhere between basic Honda Civic and basic Accord or basic short bed single cab Ford F-150. "Average car" today is, using same brands, midlevel Honda CRV or short bed extended cab F-150. But, is it really 38 grand? Your link shows mid twenties just five years ago, where it ends. 25.5 to 38 would be a huge jump in just five years. I suspect they are measured differently, e.g. MSRP vs. transaction price, or say actual cars sold vs. models offered. Or perhaps it's also lesser availability of low end models, as Detroit gave up on sedans almost entirely - that could easily push up the "average" price.

    2018 430i Gran Coupe

  • dino001dino001 Tampa, FLPosts: 5,943
    stickguy said:

    kyfdx said:

    driver100 said:

    kyfdx said:

    MSRPs
    '87 BMW 325iS: $28K
    '92 Acura Legend: $32500
    '94 Acura Vigor: $29K

    Current prices seem like a lot, but a relative bargain compared to 30 years ago.

    Couple of things, first what options do those cars have? if those are fully loaded then they are more in line with current prices if they are the base stripper model then todays prices are pretty good. The other thing is luxury items have elastic demand curves, this means that a drop in demand in response to a price increase is greater than the increase in price. This means that there is a strong resistance to price increases so their prices will more than likely increase slower than inflation.

    What are more common cars like when you compare prices? I know adjusting for inflation you wont get a Mustang today for what I paid for my Mustang in 1982.
    Just a guess but I would imagine a 2021 stripper BMW 3 Series would have way more standard equipment than an 87 top of the line 3 Series and is probably better in almost every way.
    I know that and I know the nature of the beast would put pressure on the manufacturer no keep price increases to a minimum. I would like to see comparisons on more main stream cars especially low end where that pressure isn't there. What's the average car price back then and now.
    The BMW is a top of the line 3-Series
    The Acuras are mid-trim models.

    I picked those, because I had personal experience with them.

    As noted, even a stripper now has way more equipment than those models from 30 years ago.
    Plastic surgery has come a long way.
    I was also thinking additional "standard equipment", like velvet handcuffs. And I'm sure stilettos are more expensive and elaborate today than in 1987.

    2018 430i Gran Coupe

  • explorerx4explorerx4 Central CTPosts: 15,571
    edited March 5
    There's a guy from where I grew up who posts video's of clearing clogged drains on YT.
    He is a good citizen.
    Before you laugh, check out how many subscribers he has and the number of views on this 5 minute vid.
    2020 Ford Explorer XLT, 2019 Lincoln MKZ Reserve 1
  • snakeweaselsnakeweasel a Certified Edmunds Poster.Posts: 17,258
    First day out on the bike. B)

    New helmet, new gloves, same old bike.

    2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D

  • driver100driver100 Burlington, ON 7 mo/Tampa FL 5 moPosts: 28,518
    dino001 said:

    driver100 said:

    An average car cost $13400 in 1987 according to this price of cars chart (they don't say what that car is);
    https://blog.chron.com/carsandtrucks/2016/04/cost-of-a-car-in-the-year-you-were-born/
    Using an inflation calculator $13400 is equal to $30820 today. The average price of a car today is $38000.
    So, the average price has gone up, but look at the equipment in most cars that are bought today, moon roof, GPS, heated seats/steering wheel/ Blue Tooth compatibility, Cameras, Blind Spot, Better engines, turbos, better tires, more electronics, Stop/Start (ha ha), and people are buying more expensive cars overall....MBs, Audis, BMW etc.

    *You would actually have to compare a Malibu say to a Malibu...to get a true idea.

    Yes, the "average car" back then was probably somewhere between basic Honda Civic and basic Accord or basic short bed single cab Ford F-150. "Average car" today is, using same brands, midlevel Honda CRV or short bed extended cab F-150. But, is it really 38 grand? Your link shows mid twenties just five years ago, where it ends. 25.5 to 38 would be a huge jump in just five years. I suspect they are measured differently, e.g. MSRP vs. transaction price, or say actual cars sold vs. models offered. Or perhaps it's also lesser availability of low end models, as Detroit gave up on sedans almost entirely - that could easily push up the "average" price.
    Another factor is I was reading about a 2021 Yukon, base model is about $62K in Canada, maybe $52k in the U.S. and that is pretty loaded, but about $9000 for the sound package....that includes a lot of stuff like a sunroof etc. Regular trucks are becoming luxury models these days....and if we are talking average price, there are more higher priced cars in comparison, even new models like Porsches, Range Rovers being more mainstream, higher priced VW SUVs, Maserati, Teslas............

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • qbrozenqbrozen Posts: 28,978
    driver100 said:

    dino001 said:

    driver100 said:

    An average car cost $13400 in 1987 according to this price of cars chart (they don't say what that car is);
    https://blog.chron.com/carsandtrucks/2016/04/cost-of-a-car-in-the-year-you-were-born/
    Using an inflation calculator $13400 is equal to $30820 today. The average price of a car today is $38000.
    So, the average price has gone up, but look at the equipment in most cars that are bought today, moon roof, GPS, heated seats/steering wheel/ Blue Tooth compatibility, Cameras, Blind Spot, Better engines, turbos, better tires, more electronics, Stop/Start (ha ha), and people are buying more expensive cars overall....MBs, Audis, BMW etc.

    *You would actually have to compare a Malibu say to a Malibu...to get a true idea.

    Yes, the "average car" back then was probably somewhere between basic Honda Civic and basic Accord or basic short bed single cab Ford F-150. "Average car" today is, using same brands, midlevel Honda CRV or short bed extended cab F-150. But, is it really 38 grand? Your link shows mid twenties just five years ago, where it ends. 25.5 to 38 would be a huge jump in just five years. I suspect they are measured differently, e.g. MSRP vs. transaction price, or say actual cars sold vs. models offered. Or perhaps it's also lesser availability of low end models, as Detroit gave up on sedans almost entirely - that could easily push up the "average" price.
    Another factor is I was reading about a 2021 Yukon, base model is about $62K in Canada, maybe $52k in the U.S. and that is pretty loaded, but about $9000 for the sound package....that includes a lot of stuff like a sunroof etc. Regular trucks are becoming luxury models these days....and if we are talking average price, there are more higher priced cars in comparison, even new models like Porsches, Range Rovers being more mainstream, higher priced VW SUVs, Maserati, Teslas............
    You made me look because I would not have thought they’d start it so low. Of course, that is a RWD SLE. Add AWD and it hits $55k instantly. The diesel is a $1k option in the US. I think that is a no brainer. I bet that will be worth far more than $1k at trade time.

    ‘21 Camaro LT1, '07 ML63, '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c, '14 Town&Country Limited; '18 BMW X2. 54-car history and counting!

  • oldfarmer50oldfarmer50 Posts: 17,615
    driver100 said:

    An average car cost $13400 in 1987 according to this price of cars chart (they don't say what that car is);
    https://blog.chron.com/carsandtrucks/2016/04/cost-of-a-car-in-the-year-you-were-born/
    Using an inflation calculator $13400 is equal to $30820 today. The average price of a car today is $38000.
    So, the average price has gone up, but look at the equipment in most cars that are bought today, moon roof, GPS, heated seats/steering wheel/ Blue Tooth compatibility, Cameras, Blind Spot, Better engines, turbos, better tires, more electronics, Stop/Start (ha ha), and people are buying more expensive cars overall....MBs, Audis, BMW etc.

    *You would actually have to compare a Malibu say to a Malibu...to get a true idea.

    That article assumes that anyone older than their mid 50s isn’t worth bothering about. Pretty much like all retailers.

    2019 Kia Soul+, 2015 Mustang GT, 2004 Chevy Van, 2000 Chrysler Sebring convertible

  • stickguystickguy Posts: 41,379
    even though that is the demographic that has most of the money, and certainly the disposable portion!

    2020 Acura RDX tech SH-AWD

  • driver100driver100 Burlington, ON 7 mo/Tampa FL 5 moPosts: 28,518

    driver100 said:

    An average car cost $13400 in 1987 according to this price of cars chart (they don't say what that car is);
    https://blog.chron.com/carsandtrucks/2016/04/cost-of-a-car-in-the-year-you-were-born/
    Using an inflation calculator $13400 is equal to $30820 today. The average price of a car today is $38000.
    So, the average price has gone up, but look at the equipment in most cars that are bought today, moon roof, GPS, heated seats/steering wheel/ Blue Tooth compatibility, Cameras, Blind Spot, Better engines, turbos, better tires, more electronics, Stop/Start (ha ha), and people are buying more expensive cars overall....MBs, Audis, BMW etc.

    *You would actually have to compare a Malibu say to a Malibu...to get a true idea.

    That article assumes that anyone older than their mid 50s isn’t worth bothering about. Pretty much like all retailers.
    They are the ones who buy the more expensive cars. You're just upset because they didn't consider the hooptie market. :p

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • roadburnerroadburner Posts: 14,470
    I'd take an E30 325is over a G20 330i with no options every time.

    Mine: 1995 318ti Club Sport; 2014 M235i; 2009 Cooper Clubman; 1999 Wrangler; 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i

  • roadburnerroadburner Posts: 14,470
    So Car and Driver just posted the 30,000 mile update on their long-term test of an M340i. As usual the comment section has a large number of negative posts from people who have yet to even sit in a BMW. The current outrage from much of the peanut gallery centered around CD's M340i consuming a quart of oil every 10,000 miles. Oh the humanity! One dimwit referred to it as a 2 cycle level of oil consumption, but my favorite comment was from a guy who posted:
    "My Tacoma with 244k miles and my Civic with 160k miles haven’t burned four quarts of oil in total. I did have a ‘64 Dodge that used that much."
    I replied:
    "I want to deny that I'm extremely envious, but I simply can't."

    Mine: 1995 318ti Club Sport; 2014 M235i; 2009 Cooper Clubman; 1999 Wrangler; 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i

  • stickguystickguy Posts: 41,379

    I'd take an E30 325is over a G20 330i with no options every time.

    I could be very happy with a nice E30 or E36 with some thoughtful upgrades to modernize it a bit, without changing the inherent goodness. And of course, help with the reliability!

    2020 Acura RDX tech SH-AWD

  • roadburnerroadburner Posts: 14,470
    stickguy said:

    I'd take an E30 325is over a G20 330i with no options every time.

    I could be very happy with a nice E30 or E36 with some thoughtful upgrades to modernize it a bit, without changing the inherent goodness. And of course, help with the reliability!
    My wife likes the E30 so much I could probably buy one without telling her and she wouldn't mind one bit.

    Mine: 1995 318ti Club Sport; 2014 M235i; 2009 Cooper Clubman; 1999 Wrangler; 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i

  • laurasdadalaurasdada Posts: 3,770
    Well, I have stayed at a Holiday Inn Express since '87!

    A fond, but bittersweet adieu to my '13 Jaguar XF. And so, I present this laurel, and hearty handshake to the new boss; '21 Audi A7 PHEV. '09 Jag XK , '05 Acura TL, '88 Acura Integra, '84 Mitsubishi Mirage Turbo & '78 VW Scirocco ; all special to me. And, of course, the '92 Nissan Sentra SE-R and '95 Saab 900s I bought for the ex... I've yet to buy a car I didn't like. Although, do I really want to drive a car that would have someone such as me as its owner?

  • Sandman6472Sandman6472 Coral Springs, FLPosts: 5,670
    OF, spoke with HR earlier today and got the bad news. I miss out on the profit sharing by 2 days it seems. One must've been an employee by December 1, 2019 to qualify for profit sharing in the 2020 calendar year. Naturally, my first day of employment was on December 3rd of 2019...I miss the cutoff date by a few days. One also had to have 1000 work hours for 2020 which with the furlough we had, still think I made that part of it. But my starting date screwed me up here plus the other few co-workers who started later in the month of December. At least I'm not alone here but it still is a shame to be honest. Just wish the lady who ended up hiring me could've known this as I could've started a week or two earlier to be honest. She went on vacation the previous week and decided to start me the day she came back from vacation. What really stinks is that after the furlough, her job was eliminated!!
    Sometimes in life, my luck sucks big time for some reason! Still glad I switched companies as it really was a no brainer to switch. I haven't looked back once. just wish I hadn't waited so long!!!

    2015 Audi A3 (wife) / 2015 Golf TSI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2)

  • fintailfintail Posts: 53,000
    My dad dabbled in precious metals (mostly physical silver) as a hobby in the 80s and I tagged along. I recall silver being $5-7/oz and gold $300-400. Today silver is just over $25 and gold at $1700. Not as good as playing the markets, but still beat basic CPI-level inflation and definitely beat the change in wages for most people.
    dino001 said:



    One would have to be extremely unlucky or extremely unwise to make less than 130% from 1987, assuming diversified portfolio may have couple of real busts in it, like say Enron, Lehman Brothers shares. Even bonds, gold, or GE's dividend would likely make you more over these 34 years.

  • driver100driver100 Burlington, ON 7 mo/Tampa FL 5 moPosts: 28,518

    Well, I have stayed at a Holiday Inn Express since '87!

    You mean you don't have a house?

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • kyfdxkyfdx Posts: 184,684
    fintail said:

    My dad dabbled in precious metals (mostly physical silver) as a hobby in the 80s and I tagged along. I recall silver being $5-7/oz and gold $300-400. Today silver is just over $25 and gold at $1700. Not as good as playing the markets, but still beat basic CPI-level inflation and definitely beat the change in wages for most people.

    dino001 said:



    One would have to be extremely unlucky or extremely unwise to make less than 130% from 1987, assuming diversified portfolio may have couple of real busts in it, like say Enron, Lehman Brothers shares. Even bonds, gold, or GE's dividend would likely make you more over these 34 years.

    I think I sold my mother's old Sterling Silver flatware around 2010? Maybe, before. Price was really high. Probably about where it is now. You rarely make a good return holding the actual metal, unless you just look back for the low and the high.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • oldfarmer50oldfarmer50 Posts: 17,615
    driver100 said:

    driver100 said:

    An average car cost $13400 in 1987 according to this price of cars chart (they don't say what that car is);
    https://blog.chron.com/carsandtrucks/2016/04/cost-of-a-car-in-the-year-you-were-born/
    Using an inflation calculator $13400 is equal to $30820 today. The average price of a car today is $38000.
    So, the average price has gone up, but look at the equipment in most cars that are bought today, moon roof, GPS, heated seats/steering wheel/ Blue Tooth compatibility, Cameras, Blind Spot, Better engines, turbos, better tires, more electronics, Stop/Start (ha ha), and people are buying more expensive cars overall....MBs, Audis, BMW etc.

    *You would actually have to compare a Malibu say to a Malibu...to get a true idea.

    That article assumes that anyone older than their mid 50s isn’t worth bothering about. Pretty much like all retailers.
    They are the ones who buy the more expensive cars. You're just upset because they didn't consider the hooptie market. :p
    I probably know the hooptie market better than they do.

    2019 Kia Soul+, 2015 Mustang GT, 2004 Chevy Van, 2000 Chrysler Sebring convertible

  • oldfarmer50oldfarmer50 Posts: 17,615

    So Car and Driver just posted the 30,000 mile update on their long-term test of an M340i. As usual the comment section has a large number of negative posts from people who have yet to even sit in a BMW. The current outrage from much of the peanut gallery centered around CD's M340i consuming a quart of oil every 10,000 miles. Oh the humanity! One dimwit referred to it as a 2 cycle level of oil consumption, but my favorite comment was from a guy who posted:
    "My Tacoma with 244k miles and my Civic with 160k miles haven’t burned four quarts of oil in total. I did have a ‘64 Dodge that used that much."
    I replied:
    "I want to deny that I'm extremely envious, but I simply can't."

    Using that much oil especially if it’s a DI engine and driven in cold weather is pretty commendable. That reminds me, I have to check the oil on the Kia with 4500 since the last change.

    I’ve heard multiple stories about the high mile Toyota performing all sorts of incredible feats. I wonder if all these guys drive the same vehicle.

    2019 Kia Soul+, 2015 Mustang GT, 2004 Chevy Van, 2000 Chrysler Sebring convertible

  • oldfarmer50oldfarmer50 Posts: 17,615

    OF, spoke with HR earlier today and got the bad news. I miss out on the profit sharing by 2 days it seems. One must've been an employee by December 1, 2019 to qualify for profit sharing in the 2020 calendar year. Naturally, my first day of employment was on December 3rd of 2019...I miss the cutoff date by a few days. One also had to have 1000 work hours for 2020 which with the furlough we had, still think I made that part of it. But my starting date screwed me up here plus the other few co-workers who started later in the month of December. At least I'm not alone here but it still is a shame to be honest. Just wish the lady who ended up hiring me could've known this as I could've started a week or two earlier to be honest. She went on vacation the previous week and decided to start me the day she came back from vacation. What really stinks is that after the furlough, her job was eliminated!!
    Sometimes in life, my luck sucks big time for some reason! Still glad I switched companies as it really was a no brainer to switch. I haven't looked back once. just wish I hadn't waited so long!!!

    Don’t sweat it Sandy, it wasn’t that much this year. About a third of last year’s. I too didn’t have 1000 hours in for 2020 but as I discovered, if you have 1000 hours just once, you qualify for profit sharing in subsequent years regardless of hours worked.

    In the whole scheme of things the few bucks don’t really amount to anything but it’s a nice feeling that the company respects it’s low level employees enough to include them.

    I’m not surprised the person who hired you got the boot. Up here it was a blood bath with about 75% of the managers fired outright including my two bosses who I enjoyed working for. We drivers were just on furlough and got to collect unemployment that amounted to triple what we were getting paid by the company. I took a two thirds pay cut to go back but I was glad to do it.

    2019 Kia Soul+, 2015 Mustang GT, 2004 Chevy Van, 2000 Chrysler Sebring convertible

  • oldfarmer50oldfarmer50 Posts: 17,615
    kyfdx said:

    fintail said:

    My dad dabbled in precious metals (mostly physical silver) as a hobby in the 80s and I tagged along. I recall silver being $5-7/oz and gold $300-400. Today silver is just over $25 and gold at $1700. Not as good as playing the markets, but still beat basic CPI-level inflation and definitely beat the change in wages for most people.

    dino001 said:



    One would have to be extremely unlucky or extremely unwise to make less than 130% from 1987, assuming diversified portfolio may have couple of real busts in it, like say Enron, Lehman Brothers shares. Even bonds, gold, or GE's dividend would likely make you more over these 34 years.

    I think I sold my mother's old Sterling Silver flatware around 2010? Maybe, before. Price was really high. Probably about where it is now. You rarely make a good return holding the actual metal, unless you just look back for the low and the high.
    Have you ever priced what old silverware is worth today? You might have made out better holding it as a collectible. I remember when the Hunt brothers were trying to corner the silver market so many coins and silverware were melted down that what remains is worth much more.

    2019 Kia Soul+, 2015 Mustang GT, 2004 Chevy Van, 2000 Chrysler Sebring convertible

  • graphicguygraphicguy Edmunds Poster EmeritusPosts: 12,901
    tjc78 said:

    Seems like we’re about due to circle back to dishwashers...

    LMAO... I was just typing to ask if @graphicguy got his new one installed and how he likes it.
    I did get it. It was available. Problem was getting the installers to do their thing. Apparently they’re all backed up. Won’t be installed for about another week and a half.

    In the interim, horror of horrors, dishes have to be washed by hand.


    . .
    0
    2019 Kia Stinger GT2
  • graphicguygraphicguy Edmunds Poster EmeritusPosts: 12,901
    So, have been electric car curious for a few years. Seeing some of the prices on the Bolts, thought maybe it might be a decent knock around city car.

    Set up an appointment at the Chevy dealer I posted who had the alleged “good deals”.

    This was done by text. My visit was a “kill two birds with one stone” deal, where I was going to drop a flyer and business card off to the GM for my transport services in addition to doing a test drive of the Bolt.

    Set up a time to meet the sales person, confirmed it (by the sales person). Got there, asked the receptionist to page the sales person. Waited about 15 minutes. No sales person. Paged again. Waited another 10 minutes, no sales person. Paged again after 10 more minutes, no sales person.

    Asked the receptionist if I could speak to the GM. She became huffy and stated there was no reason to report the sales person. I explained that I wasn’t going to complain, only to drop off some info for my transport biz. She said he was unavailable (really?).

    Dropped off my info.

    This a.m., got a call from the sales person asking me when I was planning to come in for a test drive.

    I’m a little perturbed by this juncture. I politely, but firmly, explained to him what transpired and reminded him of our appointment. No apology, no explanation, he just hung up on me. Guess who will never get my business, ever. Won’t be following up to do any transports for them either.

    Tough for dealership to recover with a $h!tty attitude like that.
    2019 Kia Stinger GT2
  • kyfdxkyfdx Posts: 184,684

    kyfdx said:

    fintail said:

    My dad dabbled in precious metals (mostly physical silver) as a hobby in the 80s and I tagged along. I recall silver being $5-7/oz and gold $300-400. Today silver is just over $25 and gold at $1700. Not as good as playing the markets, but still beat basic CPI-level inflation and definitely beat the change in wages for most people.

    dino001 said:



    One would have to be extremely unlucky or extremely unwise to make less than 130% from 1987, assuming diversified portfolio may have couple of real busts in it, like say Enron, Lehman Brothers shares. Even bonds, gold, or GE's dividend would likely make you more over these 34 years.

    I think I sold my mother's old Sterling Silver flatware around 2010? Maybe, before. Price was really high. Probably about where it is now. You rarely make a good return holding the actual metal, unless you just look back for the low and the high.
    Have you ever priced what old silverware is worth today? You might have made out better holding it as a collectible. I remember when the Hunt brothers were trying to corner the silver market so many coins and silverware were melted down that what remains is worth much more.
    We had a big furniture purchase, and the flatware paid for it. All good. I'm pretty sure I made up for it in the stock market. ;)

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • imidazol97imidazol97 Crossroads of America I70 & I75 Posts: 25,542

    I remember when the Hunt brothers were trying to corner the silver market so many coins and silverware were melted down that what remains is worth much more.

    Was that in 60s or 70s? Long time ago. I remember it.


    2014 Malibu 2LT, 2015 Cruze 2LT,

  • jmonroe1jmonroe1 Same as jmonroePosts: 2,464

    tjc78 said:

    Seems like we’re about due to circle back to dishwashers...

    LMAO... I was just typing to ask if @graphicguy got his new one installed and how he likes it.
    I did get it. It was available. Problem was getting the installers to do their thing. Apparently they’re all backed up. Won’t be installed for about another week and a half.

    In the interim, horror of horrors, dishes have to be washed by hand.


    . .
    0
    That’s why I like to do my own work. I’ve heard too many stories like yours where people have to wait and be at the mercy of when “The Guy” decides to show up.

    Doing a dishwasher “replacement” is actually pretty easy since the electrical and water hook ups already exist. Unless you have a bad back or lost your crescent wrench and screwdriver it should take less time to do than rotating a few tires, really. C’mon man, you can do it. It’s a lot better than doing woman’s work for a couple weeks.

    jmonroe
  • explorerx4explorerx4 Central CTPosts: 15,571
    Then you have to get rid of the old dishwasher yourself.
    2020 Ford Explorer XLT, 2019 Lincoln MKZ Reserve 1
  • graphicguygraphicguy Edmunds Poster EmeritusPosts: 12,901
    jmonroe1 said:

    tjc78 said:

    Seems like we’re about due to circle back to dishwashers...

    LMAO... I was just typing to ask if @graphicguy got his new one installed and how he likes it.
    I did get it. It was available. Problem was getting the installers to do their thing. Apparently they’re all backed up. Won’t be installed for about another week and a half.

    In the interim, horror of horrors, dishes have to be washed by hand.


    . .
    0
    That’s why I like to do my own work. I’ve heard too many stories like yours where people have to wait and be at the mercy of when “The Guy” decides to show up.

    Doing a dishwasher “replacement” is actually pretty easy since the electrical and water hook ups already exist. Unless you have a bad back or lost your crescent wrench and screwdriver it should take less time to do than rotating a few tires, really. C’mon man, you can do it. It’s a lot better than doing woman’s work for a couple weeks.

    jmonroe
    Believe me...I would, if I could. Eye surgeon said no lifting of anything over 25 pounds and no stooping over for long periods of time as that adds pressure to the retina in the eye which could result in another detachment.
    2019 Kia Stinger GT2
  • tjc78tjc78 South JerseyPosts: 11,869

    Then you have to get rid of the old dishwasher yourself.

    In all honesty this is one of the reasons I let the installer do it. They brought it, installed it, and took the old one away in about 90 minutes or so. Well worth it to me.

    I certainly could have installed it, as I did the one in the old house. You are correct it’s only three hookups and pretty easy overall.

    2020 Volvo XC90 T6 Momentum / 2019 Volvo S60 T6 Inscription

  • jmonroe1jmonroe1 Same as jmonroePosts: 2,464

    Then you have to get rid of the old dishwasher yourself.

    From what I’ve seen in the fine print about these so-called free installations is that it doesn’t include haul away. However, for an additional charge you can get haul away. And even if you didn’t, dishwashers are pretty light and would be pretty easy to drag to the curb. FWIW, I have a dolly so no big deal for me.

    I remember one time doing something around the house Mrs. j kept say, “how can I help you, how can I help you?” I said don’t worry about it. Then I decided to have some fun when I was done and once I had the dolly loaded I said, “how about driving this thing to the curb while I gather up my tools”. Turns out she was all talk and no help. Can’t say I was surprised.

    jmonroe
  • ventureventure Central PAPosts: 2,033

    So, have been electric car curious for a few years. Seeing some of the prices on the Bolts, thought maybe it might be a decent knock around city car.

    Set up an appointment at the Chevy dealer I posted who had the alleged “good deals”.

    This was done by text. My visit was a “kill two birds with one stone” deal, where I was going to drop a flyer and business card off to the GM for my transport services in addition to doing a test drive of the Bolt.

    Set up a time to meet the sales person, confirmed it (by the sales person). Got there, asked the receptionist to page the sales person. Waited about 15 minutes. No sales person. Paged again. Waited another 10 minutes, no sales person. Paged again after 10 more minutes, no sales person.

    Asked the receptionist if I could speak to the GM. She became huffy and stated there was no reason to report the sales person. I explained that I wasn’t going to complain, only to drop off some info for my transport biz. She said he was unavailable (really?).

    Dropped off my info.

    This a.m., got a call from the sales person asking me when I was planning to come in for a test drive.

    I’m a little perturbed by this juncture. I politely, but firmly, explained to him what transpired and reminded him of our appointment. No apology, no explanation, he just hung up on me. Guess who will never get my business, ever. Won’t be following up to do any transports for them either.

    Tough for dealership to recover with a $h!tty attitude like that.

    Boy, that sure does sound like a place to stay away from. Usually the sales people and staff are a reflection of management.

    I saw my first Stinger yesterday. It was all black and had a temporary registration paper taped to the back window. Very nice.

    2020 Ascent Limited, 2020 Legacy Touring XT

  • snakeweaselsnakeweasel a Certified Edmunds Poster.Posts: 17,258
    Today is National Oreo Cookie day.

    It is also National Dentists day.

    Coincidence?

    2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D

  • 28firefighter28firefighter Seattle, WAPosts: 7,615
    I’d email the owner, @graphicguy. Seems like an experience they should hear about.
    2019 Subaru Outback 3.6R Limited, 2007 BMW 530xi Touring 6MT (on loan), 2004 BMW 330i ZHP 6MT
  • ventureventure Central PAPosts: 2,033
    Hey! Why didn't someone tell me that we took a helicopter to Mars?


    2020 Ascent Limited, 2020 Legacy Touring XT

  • fintailfintail Posts: 53,000
    Yeah, it's all about timing. IIRC, there was a real low point in the market in the early 2000s (probably everyone putting their money into poorly built housing and mortgages given to everyone with a pulse). I had a fair stash of physical silver I had hoarded away just for fun - rolls of "junk silver", and sold it when I had roughly doubled my money, maybe 2010 or so. Could have done better if I held on to it for another decade, but I also used the money, so it all works out.
    kyfdx said:



    I think I sold my mother's old Sterling Silver flatware around 2010? Maybe, before. Price was really high. Probably about where it is now. You rarely make a good return holding the actual metal, unless you just look back for the low and the high.

  • ab348ab348 Dartmouth, Nova Scotia, CanadaPosts: 14,860

    Then you have to get rid of the old dishwasher yourself.

    A couple of years ago I had my electric hot water heater replaced. The plumbers did a good job and were here and gone quickly enough. I saw them haul the old unit up the stairs and out the back door as they were finishing it up. I assumed they had put in their van before they left.

    Imagine my surprise when a while later I went outside to see it sitting on the curb next to the end of my driveway. It was late in the day so I made a mental note to call them the next day to complain. I was even more surprised to find that it disappeared overnight. I don't know if those are valued for scrap metal or what, but I wasn't complaining any more.

    2017 Cadillac ATS Performance Premium 3.6, 1968 Oldsmobile Cutlass S Holiday Coupe

  • omarmanomarman Posts: 2,693
    The ramp up attempt to corner the silver market began in '79. I remember my Dad selling off some silver that fall. If you google silver thursday it was march 1980 when the Hunt brothers couldn't meet the $100 million margin call and the panic set in.
    A time to embrace, and a time to refrain from embracing.
  • fintailfintail Posts: 53,000
    1980. Silver hit ~$50 for a brief second, gold also spiked but recovered (took around 25-30 years IIRC) where silver never again came close.

    I think silverware prices track silver prices, and a bit still gets melted down - not sure how many really collect old fashioned stuff like that anymore. Kind of like a cabinet full of carnival glass and Hummels, have fun with that.

    I remember when the Hunt brothers were trying to corner the silver market so many coins and silverware were melted down that what remains is worth much more.

    Was that in 60s or 70s? Long time ago. I remember it.


  • roadburnerroadburner Posts: 14,470

    So, have been electric car curious for a few years. Seeing some of the prices on the Bolts, thought maybe it might be a decent knock around city car.

    Set up an appointment at the Chevy dealer I posted who had the alleged “good deals”.

    This was done by text. My visit was a “kill two birds with one stone” deal, where I was going to drop a flyer and business card off to the GM for my transport services in addition to doing a test drive of the Bolt.

    Set up a time to meet the sales person, confirmed it (by the sales person). Got there, asked the receptionist to page the sales person. Waited about 15 minutes. No sales person. Paged again. Waited another 10 minutes, no sales person. Paged again after 10 more minutes, no sales person.

    Asked the receptionist if I could speak to the GM. She became huffy and stated there was no reason to report the sales person. I explained that I wasn’t going to complain, only to drop off some info for my transport biz. She said he was unavailable (really?).

    Dropped off my info.

    This a.m., got a call from the sales person asking me when I was planning to come in for a test drive.

    I’m a little perturbed by this juncture. I politely, but firmly, explained to him what transpired and reminded him of our appointment. No apology, no explanation, he just hung up on me. Guess who will never get my business, ever. Won’t be following up to do any transports for them either.

    Tough for dealership to recover with a $h!tty attitude like that.


    That is inexcusable. I’ve had two dealers(Andy Mohr in Indianapolis and Oxmorons in Louisville) where I set up a “VIP appointment” via email. In both cases I arrived and the salesperson I had set up the appointment with was nowhere to be found.
    That speaks volumes about the competency of the dealer.

    Mine: 1995 318ti Club Sport; 2014 M235i; 2009 Cooper Clubman; 1999 Wrangler; 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i

  • MichaellMichaell ColoradoPosts: 179,799

    So, have been electric car curious for a few years. Seeing some of the prices on the Bolts, thought maybe it might be a decent knock around city car.

    Set up an appointment at the Chevy dealer I posted who had the alleged “good deals”.

    This was done by text. My visit was a “kill two birds with one stone” deal, where I was going to drop a flyer and business card off to the GM for my transport services in addition to doing a test drive of the Bolt.

    Set up a time to meet the sales person, confirmed it (by the sales person). Got there, asked the receptionist to page the sales person. Waited about 15 minutes. No sales person. Paged again. Waited another 10 minutes, no sales person. Paged again after 10 more minutes, no sales person.

    Asked the receptionist if I could speak to the GM. She became huffy and stated there was no reason to report the sales person. I explained that I wasn’t going to complain, only to drop off some info for my transport biz. She said he was unavailable (really?).

    Dropped off my info.

    This a.m., got a call from the sales person asking me when I was planning to come in for a test drive.

    I’m a little perturbed by this juncture. I politely, but firmly, explained to him what transpired and reminded him of our appointment. No apology, no explanation, he just hung up on me. Guess who will never get my business, ever. Won’t be following up to do any transports for them either.

    Tough for dealership to recover with a $h!tty attitude like that.


    That is inexcusable. I’ve had two dealers(Andy Mohr in Indianapolis and Oxmorons in Louisville) where I set up a “VIP appointment” via email. In both cases I arrived and the salesperson I had set up the appointment with was nowhere to be found.
    That speaks volumes about the competency of the dealer.
    Maybe these dealers are using the airline model - book multiple appointments for the same salesperson at the same time, assuming that one or more of them will be a no show.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jmonroe1jmonroe1 Same as jmonroePosts: 2,464
    ab348 said:

    Then you have to get rid of the old dishwasher yourself.

    A couple of years ago I had my electric hot water heater replaced. The plumbers did a good job and were here and gone quickly enough. I saw them haul the old unit up the stairs and out the back door as they were finishing it up. I assumed they had put in their van before they left.

    Imagine my surprise when a while later I went outside to see it sitting on the curb next to the end of my driveway. It was late in the day so I made a mental note to call them the next day to complain. I was even more surprised to find that it disappeared overnight. I don't know if those are valued for scrap metal or what, but I wasn't complaining any more.
    Waters heaters must be worth something. Here’s my story about that:

    When I was finished replacing my water heater about 8 years ago I put it on the dolly and took it to the curb in the middle of a nice Sunday afternoon. About 20 minutes later I decided to put something else out since garbage pick up was Monday morning. As I came out of the garage I see the water heater was gone. My town has an agreement with these collectors that once an item is at the curb they’re free to take it. If they don’t you can call them if left at the curb after the garbage is picked up and they’ll send a pickup over to get it. In all the years I’ve lived in this town I’ve only heard about 3 neighbors that had to call for a pickup to come by.

    It’s almost funny, on Sunday’s around my hood starting when you are allowed to take trash to the curb, you’ll see several pickups cruising around looking for appliances set at the curb. They’re almost like vulchers. Rarely will something last more than an hour at the curb.

    FWIW, I’m glad I had a dolly for that water heater. I wouldn’t want to schlep one of those things more than a few feet without a dolly. Some things pay for themselves over and over again and that dolly is one of those things.

    jmonroe
  • jmonroe1jmonroe1 Same as jmonroePosts: 2,464

    Today is National Oreo Cookie day.

    It is also National Dentists day.

    Coincidence?

    This country has too many National Days. The proof is they have to double up now. Either that or we need more days in the year.

    jmonroe
  • oldfarmer50oldfarmer50 Posts: 17,615

    I remember when the Hunt brothers were trying to corner the silver market so many coins and silverware were melted down that what remains is worth much more.

    Was that in 60s or 70s? Long time ago. I remember it.


    1980.

    2019 Kia Soul+, 2015 Mustang GT, 2004 Chevy Van, 2000 Chrysler Sebring convertible

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