Unfortunately and regrettably true, which is why Tjbb and I will not get our wish. I did forget the Bose/DVD included the sun roof, it was a sun and sound package.That would raise the price of all of the trucks.
I don't know.....I wouldn't count out the possibility of a global economic collapse with a deflationary effect....'course that could also cause runaway inflation, at least initially, so it's kind of a wait and see game.
This is being discussed. How long can five year old trucks bring 80%-90% of original cost when the historical rate is about 40%?I don't know.....I wouldn't count out the possibility of a global economic collapse with a deflationary effect....'course that could also cause runaway inflation, at least initially, so it's kind of a wait and see game.
I would have thought it would have corrected by now....but then again, I couldn't imagine just how devastating global govt. interference with manufacturing could be.This is being discussed. How long can five year old trucks bring 80%-90% of original cost when the historical rate is about 40%?
The key is economy-wide deflation.I think the big trucks are mainly an American market thing, I don’t believe they are anywhere near as popular (or even available) in Europe.
So did I my friend. I want a five year Laramie RAM 2500 diesel and they may have come down $3000k or so, but not the $20,000 reduction I want to see. I think them worth about $30,000-$35,000 with 100,000k miles and they seem to be selling $45,000-$50,000…I would have thought it would have corrected by now....but then again, I couldn't imagine just how global govt. interference with manufacturing could be.
The key is economy-wide deflation.
Generally, that happens when people don't have any money to spend. The effect on trucks would just be that as on the rest of the economy. Prices dropped on average 7% yearly from 1930-1933.
this is going to happen soonspending is drying up.
The canary in the coal mine is boats, RVs and motorcycles.Off topic but used motorcycle prices have been dropping lately.
Could be a sign spending is drying up.
In the last few years I have found a couple of unique bellwethers of the economy, subprime auto loan default rates, and shipping container costs, both seem to react before other indicators. They also are logical to me because the weakest among us are the borrowers of subprime auto loans so likely the first affected by changes and the containers are ordered by smart companies that are balancing how much stuff to import while wanting to sell all they can and make all they can but not get stuck with the crap.Off topic but used motorcycle prices have been dropping lately.
Could be a sign spending is drying up.
So did I my friend. I want a five year Laramie RAM 2500 diesel and they may have come down $3000k or so, but not the $20,000 reduction I want to see. I think them worth about $30,000-$35,000 with 100,000k miles and they seem to be selling $45,000-$50,000…
Typically yes, but now it's not a normal time....The canary in the coal mine is boats, RVs and motorcycles.
My personal opinion is that the GMT800 (99ish-2006) generation of GM trucks was the best mix of comfort, technology, reliability and quality. I have owned 3 and still have 2 of them.I had a 4wd '05 ext cab Silverado with leather. It wasn't direct injection and didn't have that stop/start crap. I miss that truck, so much so that I've been looking for a good used one. I feel like that was the last era before a more severe ideology of planned obsolescence came to exist.
I still blame Obama for the outrageous truck prices.Alot of that cost is to cover government mandated safety and emissions control's.
And the dumbmasses say, that’s crazy, it was for the environment and that is tin foil hat territory right there. It really was just another front in the attack on freedom of movemennt…I still blame Obama for the outrageous truck prices.
He artificially inflated the entire used vehicle market with the "Cash for Clunkers" fiasco.
Ostensibly done in the name of climate change and fuel efficiency standards, they wiped out a decade of used cars which caused the remaining stock to" necessarily skyrocket" along with energy prices.