Marking time on my 2010 BMW X5 35d hitting 190,000 miles
Posted By RichC on February 5, 2022
No longer am I driving 2000 miles a month back and forth to NE Ohio for work or traveling to and from western New York to check on Brenda’s parents, but I do still enjoy driving and owning a diesel vehicle. The Volkswagen Jetta TDI fuel economy isn’t a big deal anymore either, but I did want to “mark time” by highlighting the 190,000 mile odometer reading on my 2010 BMW X5 35d. Now that it is 12+ years old, it is starting to show signs of wear, but it’s still enjoyable to drive.
With the current chip shortages for new cars and shockingly high prices on new cars, I’m glad to still have a vehicle that I’m happy owning.
February 2, 2022
Record high new and used car prices continue in 2022
The last time we reported the average new car price in the middle of 2021, it had reached a record high. By the end of 2021, it had risen 10% more, according to a J.D. Power and LMC Automotive report published last week. Constrained supply, unmet demand, and high dealer markups continue to result in the unusual condition of record high new car prices, record high used car prices, and record high dealer margins fueled by truck and SUV sales.
Car shoppers can expect more of the same at least through the early part of 2022. “Despite optimism towards the end of 2021 that diminishing supply chain disruption would result in more vehicles being delivered to dealerships, the new-vehicle supply situation has shown no meaningful improvement,” Thomas King, president of data and analytics at J.D. Power, said in a statement. “The volume of new vehicles being delivered to dealerships in January has been insufficient to meet strong consumer demand, resulting in a significantly diminished sales pace.”
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