If you are going at a speed that causes you to run off the road before ESC can provide any assistance, you may not experience the benefits of ESC
I may also take the opportunity to get out of my lease and into a purchased "new to me" used vehicle if I can finagle a good enough deal that washes out the ~$6K in negative equity that would typically come along with the current pay off status of my lease.
The next month or two is when you'll see real deals. the marketing BS people are so slow to respond and offer any new money or incentives. It's ALWAYS monthly or quarterly, that mindset is built into their DNA.
My bet is April-August, when the SHTF and we know where things are going you are going to see the best car deals in a decade, and a LOT of dealers going out of business or living on floorplan credits hoping for another bailout.
I've heard talk of reviving Cash for Clunkers, if car sales continue to drop and the economy crashes.
With most countries on lockdown and Wall Street unstable, does anyone actually feel secure enough in the future of their jobs, to even consider buying a new car? My priorities are keeping the roof over my head, food on the table, and any funds after that will be banked. I have a currently reliable car. Buying a new one, in this climate, is so far from a priority.
Personally I think we are just at the beginning of a very large downward slide. I would not be buying anything right now until the shelter in place orders are lifted and we start seeing daylight on the other side, and from what I am reading, we're looking at 2-6 months of that.
And if that is the case, we're heading towards a pretty bad recession.
For those reasons, I am not interested in buying until things like my job are assured. So I am in "wait and see" mode right now.
However.....I do have a Highlander lease coming due in less than 1 year's time.....
2018 Toyota Highlander SE AWD, Midnight Black Metallic/Black
2018 Four Winns H210 / 5.3L Volvo Penta V8 300 / DPS-A Duoprop drive
So I bought two cars last week. I got a great deal on my Fiesta ST and paid cash, so no worries there.
The Cross Sport also landed a great deal and ended up financing for 48 months and had zero negative equity in the XC60 trade.
I'm not too worried about my daily life changing too much as my position is considered "essential" as part of the supply chain. (commercial trucking) I also have the ability to work from home if a lockdown were to be put in effect in my area.
I really view it as a buyers market and more so in the coming months. I do think it varies on an person to person basis though. I have no concerns with my recent purchases, but someone in a "non-essential" position will certainly feel differently.
"keep it between the mayonnaise and mustard"
ford x8 (mustang x4, thunderbird, lightning, svt focus, fiesta st)
chevy x1 (2500hd)
vw x1 (atlas cross sport) "I bought it"
We've got a 8 week mandate to not have gatherings larger than 50 people. So the profession that I just got out of is going to be hurt, big time. But I jumped into car sales, so I'm not sure if that's any better. I'm just waiting on FCA to roll out ridiculous incentives so we can get busy again.
| 18 JLU Sport | 10 Prius | 01 BMW 740 iL | 74 SuperBeetle | 62 Ford Unibody | The poster formerly known as 200HP4dr
Drunk driver totalled my wife's A3 last Thursday, so we're shopping for a replacement - probably will be a week or so before we get a check from insurance, so we have a loaner car and both of us are working from home right now. Salespeople seem very eager to make a sale right now, but listed pricing hasn't really changed over the past week or two. I'm curious to see if new inventory of used cars slows down since fewer people are trading in now. I check listings daily, and for the few cars we have in our search, not a lot of inventory movement seems to have occurred.
I put off replacing my 4runner this year, due to what is going on. I work in the Hospitality industry, that provides marking and reporting services to Hotels and Resorts. I work in Engineering, so we have not really seen any changes, as we have a lot of new projects that will keep us busy for the next two quarters. Granted if the whole industry shuts down for several months, it's going to be hard to sell a service that is not needed. I am just lucky that my Wife works for our local utility company, so her job is most likely safe. Plus, if she stays working remote for the next three months we will save $50 a week in gas, plus we are eating out a lot less.
Yes, a lot of people will lose there jobs over this virus and many will lose a lot of money in the market, but there are jobs that will be needed to keep things going. I could get a job right now delivering groceries for our local grocery store if I wanted. Keep in mind this virus has a high recovery rate for those who are under 60 years old, we just don't have anything really to stop it from spreading, besides avoiding close contact with people.