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It certainly won't happen all at once but the views on cars

Posted on: March 5, 2019 at 12:40:35 CT
lqf2b8 MU
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have already shifted generationally. It used to be kids thought of cars as a right of passage and a sign of freedom. Those millennials view them more as an unwanted necessity.

I don't see the car industry completely disappearing but I do see it shrinking drastically in the next 10 to 20.


I was talking to my dad that worked for GM this weekend and we were looking at the market cap of GM and comparing it to the expeucted IPO market caps for Lyft and Uber.

GM was 55 billion I think
Lyft is projected at 25 billion I think
Uber is projected at 120 billion I think


He said "How is a company that makes a phone app worth almost 2.5 times one of the largest car manufacturers in the world?"
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Soon, will more car sales be on line than from showrooms? - Macgrantt MU - 3/5 12:15:37
     You buy cars from Hertz this way - XRob MU - 3/5 13:36:18
          RE: You buy cars from Hertz this way - Lerxst MU - 3/5 18:23:35
     Your friend sounds like an idiot. (nm) - zodiac6 JC - 3/5 13:27:12
     I think buying cars online is optimal. - Newcatbirdseat MU - 3/5 12:56:02
          It cuts some useless boarhog tits out of the equation. - SabertoothTiger MU - 3/5 12:58:49
     I don't have millenail children nor am I a millenial. Not - SabertoothTiger MU - 3/5 12:54:30
          Why do you think that just because you text, tweet, - tgr MU - 3/5 12:59:23
               they are at live events and are more engaged in the phone - SabertoothTiger MU - 3/5 13:02:05
                    And in 2 or 3 years, you likely aren't going to remember the - tgr MU - 3/5 13:05:24
                         You don't remember an event, at all, after 2 or 3 years? - Newcatbirdseat MU - 3/5 13:06:44
                              Depends on the event. Some random soccer or baseball game - tgr MU - 3/5 13:10:45
     In 20 years fully automated cars will have replaced just - kcnorthside KC - 3/5 12:49:22
          I think it'll take longer than that - Joeboo MU - 3/5 12:54:03
               And there's a lot of pushback and many states - Domino MU - 3/5 12:57:51
          the fully auto car revolution isnt going to happen - colonel angus beef KC - 3/5 12:51:35
               It will be tough since not everyone is going to have it - HandBanana MU - 3/5 12:56:27
               That's the thing about technology. It can be difficult to - kcnorthside KC - 3/5 12:55:33
                    it's going to populate throughout the shipping/trucking - Joeboo MU - 3/5 12:57:13
                         the simpsons already did it. - colonel angus beef KC - 3/5 13:03:29
                         And Uber is an unsustainable business model without - kcnorthside KC - 3/5 12:59:17
               It will take a while, but it will definitely happen. - Zeaux MU - 3/5 12:54:51
               not in America - Joeboo MU - 3/5 12:54:43
          I am ready for fully automated cars. Would love to just - HandBanana MU - 3/5 12:51:32
               word(nm) - cnk ATL - 3/5 12:54:04
     i don't think i would ever buy a car online(nm) - TigerA MU - 3/5 12:37:20
          i bought an audi online in about 2001. Never saw it until - blake1771 KC - 3/5 12:54:39
          If you knew the car you wanted - kcmizzou99 MU - 3/5 12:46:26
               People that are buying online probably don't want to - tigerdb MU - 3/5 12:49:45
                    Cars need to be fully returnable within lets say a 30 day - HandBanana MU - 3/5 12:53:13
                    oh for sure test drive - kcmizzou99 MU - 3/5 12:52:05
          I'd buy a new car online or one with a warranty but just - lqf2b8 MU - 3/5 12:44:27
     I don't think car purchases will move mostly online until - Joeboo MU - 3/5 12:27:54
          Can't really cut out dealerships. - Zeaux MU - 3/5 12:51:28
     purchasing things online means one is lazy?(nm) - cnk ATL - 3/5 12:26:01
          not things, but cars, I use amazon more than anything - Macgrantt MU - 3/5 12:27:45
               personally, I don't see that much of a difference - cnk ATL - 3/5 12:31:06
                    I don't go to the bank to handle most of my banking needs. - kcnorthside KC - 3/5 12:53:08
     Or maybe Tesla is in financial trouble and shutting showroom - DHighlander KC - 3/5 12:24:53
     I think Tesla Motors will be out of business in 5 years - Joeboo MU - 3/5 12:24:30
          But those 2 service centers probably are within 50 - StaleyTiger MU - 3/5 12:38:23
               but a lot of rural Missourians spend a lot of money on - Joeboo MU - 3/5 12:44:26
                    For sure but you don't see a lot of $100k Mercedes or - StaleyTiger MU - 3/5 12:48:43
                    i thought those were the dominant species out here. - colonel angus beef KC - 3/5 12:46:48
                         Rural Missouri, where you can buy an $80,000 house - Joeboo MU - 3/5 12:47:51
          He probably doesn't mean it but he has stated that he - lqf2b8 MU - 3/5 12:32:36
               That is the basic business model Goolgle used when - DHighlander KC - 3/5 12:36:35
          I think the exact opposite is going to occur. With their - tgr MU - 3/5 12:30:54
               Not with poor customer service and low reliability.(nm) - DHighlander KC - 3/5 12:37:12
                    They're not built well, compared to other "luxury" cars - Joeboo MU - 3/5 12:42:24
                    It hasn't hurt them so far. - tgr MU - 3/5 12:42:24
          Yeah, Tesla may not survive, but other companies will follow - Domino MU - 3/5 12:29:08
     New cars will eventually be dominated by online sales - lqf2b8 MU - 3/5 12:21:40
          Also said some are starting to timeshare hi end sports cars - Macgrantt MU - 3/5 12:24:57
          The way it's done now just isn't efficient - Domino MU - 3/5 12:24:19
          That may be true on the east coast. I do not see it - DHighlander KC - 3/5 12:23:31
               It's already happening in bigger cities. I know a lot of - kmawv8 MU - 3/5 12:37:38
                    Sorry, Chicago, Denver and Portland are NOT middle America. - DHighlander KC - 3/5 12:44:31
                    ^^^hippie^^^(nm) - cnk ATL - 3/5 12:39:18
               I could see the average number of cars per family dropping - lqf2b8 MU - 3/5 12:27:12
          That seems a bit silly, I think people will still own cars - MidMoBaller4Life MU - 3/5 12:23:18
               Smaller towns, sure - Domino MU - 3/5 12:26:58
                    We may be very different but I would not give up my personal - DHighlander KC - 3/5 12:40:30
                         It's 70% now. In a couple of years it'll be close to 100% - Domino MU - 3/5 12:43:53
                         30% of the time he can hire an uber or rent a car - lqf2b8 MU - 3/5 12:42:26
                              You also have to figure in convenience to that equation. - DHighlander KC - 3/5 12:50:10
                                   Some of that, the ride share is more convenient - Domino MU - 3/5 12:56:36
                              truth(nm) - Domino MU - 3/5 12:44:15
               imagine, if you can, a world where most jobs are remote - lqf2b8 MU - 3/5 12:26:04
                    I am biased because I love cars - MidMoBaller4Life MU - 3/5 12:34:27
                         It certainly won't happen all at once but the views on cars - lqf2b8 MU - 3/5 12:40:35




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