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Used vehicle prices
- Thread starter mi223
- Start date
I have not seen a massive head exploding flip
I have seen dealers sell at MSRP now instead of $1000's above MSRP
I do not consider MSRP a buy price (unless I just have to have a car today for reasons)
I have seen dealers sell at MSRP now instead of $1000's above MSRP
I do not consider MSRP a buy price (unless I just have to have a car today for reasons)
Carvana was going to give me $24K for my truck and the next week, they offered $18k. No idea why the large drop.
Truck purchases are driving up the average cost of car payments. Some buyers pay over $1,000 a month
Consumers are paying more than ever to finance a new vehicle in 2023. Shoppers in Texas and Wyoming committed to monthly payments of $1,000 and more.
This is what it's like in Western Kansas today. 1993 Clapped out Dodge with flatbed.......$20k. I couldn't help but post this to his marketplace add.
People are actually buying these. Not sure what they are paying, but guessing $17,500 for this one. It's a $7500 pickup 3 years ago. Not the case today.
Highlander delivered previously.
Sister finally got her van! Ordered 11/16/2021. Recently there was a recall on the backup camera and they wouldn't deliver it til it was fixed.
I'm pretty sure that truck has one of those disposable Dodge 3 speed auto transmissions in it- brand new those auto trans were good for about 30-40,000 miles before failure.
The '94 has a 47RH - not the world's greatest transmission, but the likelihood that you're dealing with a stock piece after 30 years and 120,000 miles is pretty low.
The older 3sp you call "disposable" was the Chrysler 727, which is anything but when built correctly. In fact, there's very little about a HD truck of that era that is "disposable" other than the interior components. There are a few reasons that trucks from this era are going for both bucks - some of it is nostalgia, but much has to do with the fact that they're serviceable and maintainable. Granted, they also require frequent service and maintenance, but some of us find pleasure in having that sort of relationship with a machine. Should be pretty easy to understand for any true gun guy.
Might want to take your shitty takes to some other topic where it's more difficult to be objectively wrong.
I find myself in need of a 3/4 ton pickup now. New prices are still stupid AF. Throughout the PNW, the branded dealers are sticking to their guns on used pricing, though it seems, the vehicles aren’t moving. I’m sure they’re stuck with whatever unit price they paid. The smaller satellite dealers are starting to drop their prices a bit, some “deals“ to be had if one shops around. Since I started looking, the algorithms are sending me interest offers of 8.9%. 
fuck you! Private sales seem to be slowly dropping to somewhat more reasonable levels, depending.
fuck you! Private sales seem to be slowly dropping to somewhat more reasonable levels, depending.It might be better for you to buy a new one.I find myself in need of a 3/4 ton pickup now. New prices are still stupid AF. Throughout the PNW, the branded dealers are sticking to their guns on used pricing, though it seems, the vehicles aren’t moving. I’m sure they’re stuck with whatever unit price they paid. The smaller satellite dealers are starting to drop their prices a bit, some “deals“ to be had if one shops around. Since I started looking, the algorithms are sending me interest offers of 8.9%.
And, that is the "game" in this environment. What they are selling is "finance". Over the length of the financing, they make more off of that financing than off of the sale of the vehicle. They also sell all of your financial info as time goes on. That cash sale reaps no personal finance info.
American's are "betting against the house"...... over and over again, hoping for a different outcome.
Buy cash, suck up your pride and get by....
The 727 Torqueflite was a bombproof transmission.
They put it in a ton of motorhomes.
They put it behind the hemi and the 440.
They put it in the AMC Javelin and AMX with the 390 and the 401.
I have seen them worn out, I have never seen a broken one.
Ever.
It takes about $55k to get into a crew-cab 4WD with a gas engine and cloth interior. Once you strip away the features of the higher trim levels, a modern HD truck works much like a truck from 15-20 years ago, so I wouldn't be too excited to give up the search for a quality used truck just quite yet.
If a used truck with over 30,000 miles is within $10,000 of a new truck, then I am buying the new truck. I don’t finance, so that comes into play, but I’m not buying someone else’s problems if it’s within spitting distance of a new vehicle.
Now if that used truck with 30,000 or less miles was 50% less than a new truck then I would likely buy the used truck.
That’s just how I approach it.
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Same approach here. Unfortunately car prices skyrocketed recently and used cars are the only way out, my opinion.
If a used truck with over 30,000 miles is only $10,000 less than a new one, I’d go for the new truck too. Financing isn’t an issue for me either, so paying upfront for a new vehicle gives peace of mind and warranty coverage. A used truck from auto buyers market with that mileage is just too close in price to justify the risk of inheriting someone else’s problems. However, if the used truck were significantly cheaper, like 50% less, then it would be a more tempting option. But with such a small price difference, new is the way to go.
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The issue is "main stream" American's can hardly afford a 10 year old vehicle. Those in the high income bracket think differently.
"What's $10,000" to a high roller ? ...
To a man with a family making $60,000 / year..... Paying 40% of that in taxes (Federal, State, Local, sales tax ++++) it means he doesn't even slow down to gaze at the new trucks on the dealership lot.
If you can go down and pay cash for a new truck, consider yourself blessed.... Enjoy it while it last.
For what we wanted (Kia Telluride) there wasn't much of a difference between a 2023 used and 2024 new so we went with the new.
Some dealers will offer better finance terms on the 2023 vehicles. I know VW in my area is is offering 0% down, no payment for the rest of summer, and 0% interest for qualifying customers on their older stock. Colors and options are limited, but if you need a vehicle those terms are pretty good if you qualify.
I have been driving VWs for a while and never had a problem. Once they are out of warrantee I take them to a VW mechanic instead of the dealer.
Any Atlas experience? Looking at 2020-23, 6 cylinder, small pickup isn’t working out, simply prefer SUV.
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Have a 2020 Atlas (current wife's car) with over 100,000 and still running great. So much so I now have a 2024 Atlas. Tons of room inside for a midsize SUV. Gas millage on both is 22 mpg combined highway and street driving. I have a lead foot so your milage my be better.
Edit: Need to add the 2020 is a V6 and the 2024 is a 4 banger with a turbo. I prefer the V6, but they did away with that engine in the 2024s.
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I had a Atlas as a rental a couple of years back after I got sideswiped. Took it on a hunting trip out of state and really liked it for a long drive.
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