Earlier quoted context omitted.
If you don't want a monthly car payment, start your “monthly car payment” into a savings account now. You'll end up paying less for your next car if you can maximise the up-front payment.
Current low interest rates on car loans make that approach a bit pointless.
The global chip shortage is starting to have consequences
201–210 of 741 posts
Re: The global chip shortage is starting to have consequences
#202Earlier quoted context omitted.
If you don’t want a monthly car payment pay a monthly car payment so later you can have a smaller monthly car payment?
I think the idea is that you accrue the interest yourself instead of paying it to someone else.
Re: The global chip shortage is starting to have consequences
#203Earlier quoted context omitted.
Smaller trucks are available for those who want them. Most buyers prefer larger trucks.
The Toyota Tacoma is now the size of older F150s, there aren’t many or really any good options for buying a small truck currently.
Re: The global chip shortage is starting to have consequences
#204Earlier quoted context omitted.
Most new cars still suck / Do not offer meaningful new features That really depends on how old your car is. I generally buy instead of lease, and run the car until it starts having regular problems. As a result, my car is 12 years old, and any new one from the last few years is a significant upgrade in terms of features. I don't really want a monthly car payment again, but I'm almost looking forward to when my curren…
If you don't want a monthly car payment, start your “monthly car payment” into a savings account now. You'll end up paying less for your next car if you can maximise the up-front payment.
Re: The global chip shortage is starting to have consequences
#205Earlier quoted context omitted.
It makes me wonder if it would be possible to build a chip-manufacturing plant for any reasonable amount of money to produce these chips that don't need to be 7nm GPU powerhouses, but like the old clunker chips that can't get attention from the big guys. Almost like starting a "generics" business in pharma medication but for older chipsets. I'm sure there's a great trade to be had in producing the lower end stuff.
Most of the chips in these shortages are being produced on either older process nodes, or on slightly specialized nodes. The typical micro that's been hit by this is using anywhere from a 28nm to 180nm node. The trouble is, this is a temporary shortage, so it makes no sense to spend serious cash (you're talking hundreds of millions) to make a new fab when the demand won't be there in a year or two.
It isn't. Designs on 200mm were in dire shortage for half a decade, and Chinese foundries were making very decent money on decades old chips.
For the last 3-4 years, 200mm-180nm had a 12 month+ backlog across the whole market.
Re: The global chip shortage is starting to have consequences
#206My wife just needed to get a new car, and the salesman was complaining that just as demand was starting to increase the chip shortage means they're barely getting any new ones in stock. And of course the popular models are the ones that are selling out the fastest, meaning people are holding off on purchases because they can't get what they want. My wife's was one of maybe 8 in the entire state that had the features…
Re: The global chip shortage is starting to have consequences
#207Earlier quoted context omitted.
Yeah, though I would argue that smart kitchen appliances have a lot more going against them than smart tvs. - Historically, the TV has been used for playing media transmitted on radio waves, so an internet connected TV isn't a big surprise. - Television media formats seem to completely shift every decade or 2, so people are very used to buying something they'll throw away soon. - People usually take their televisions…
Not in the US, but back home I clearly remember moving countless fridges of friends to new apartment. But true that appliance seems to be attach to the houses here. And correct, smart things are private things because of the nature of their work. I have a fridge that my grand father used. And I’m not specially young. I love that fridge, simple and frugal in energy. I suspect the smart fridge and the like will come wi…
Appliances have made huge strides in energy efficiency in the last 30 years.
Re: The global chip shortage is starting to have consequences
#208Earlier quoted context omitted.
So how much do USA-made mobile phones cost?
are we talking about assemble in the USA? any low labors cost country can assemble the phone. it doesn't have to be China. Foxconn already have a factory in India and Samsung in Vietnam. design can be done in the USA like Apple. component like corning gorilla glass is made in the USA. chips can be produce in the USA with Intel IDM 2.0 or TSMC in Taiwan. it will cost the same since you can outsource assembly
No. Did you read the thread before asking?
> they both have semiconductor fabs!
Re: The global chip shortage is starting to have consequences
#209I've always wondered what it would be like to suddenly lose the ability to build higher technology like computer chips. Obviously this is just a shortage and not the same as manufacturing just vanishing, but the effects will be interesting to observe.
Re: The global chip shortage is starting to have consequences
#210Earlier quoted context omitted.
Since 14% of renters are behind on rent and evictions begin June 30, aren’t vehicle repossessions going to kick in July / August? Presumably, due in part to eviction protection, they have been able to divert all or a portion of their rent payments to keeping up with bad car loans for commute vehicles that often will not be needed. These folks need them for housing unfortunately. If repossessed cars start showing up t…
> Since 14% of renters are behind on rent and evictions begin June 30, aren’t vehicle repossessions going to kick in July / August? > Presumably, due in part to eviction protection, they have been able to divert all or a portion of their rent payments to keeping up with bad car loans for commute vehicles that often will not be needed. There are gonna be far fewer evictions and/or mortgage defaults than people think,…
Right now if we just get off with a little stagflation that would be a blessing, unfortunately I think it is going to far far worse. All those people depending on government checks are going to get hit hardest by the combination of inflation and the required austerity measures