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We're in the market for a 3/4 ton truck. We have a trade-in. Would you do it now? Quit looking until this winter or spring ?
Any predictions on what used prices will do?
Reason/excuse for this - We bought a travel trailer early this summer. Need a bigger tow vehicle.
Also, your reason (s) for such.
Buy now so you can get ready to go when it cools off.
Seems now with high demand and low supply used truck prices are quite inflated. At least in my area
I spent 29 years in the automotive manufacturing area. I will not say a specific brand, but if you look at my location, you'll probably be able to figure it out. If I were in the market for a New vehicle, I would wait. With all of the issues that the automakers are experiencing, I foresee recalls and major issues coming in the next couple of years.
Now, if you are looking for a Used vehicle, I would shop wisely. I don't think used prices are coming down much in the next 24 months, for the very same reasons that they are high right now. People are seeing the issues that these companies are having.
Just my 2 cents.
My cousin just sold his used truck for $4,000 more than he paid for it...lol. Put money in the bank and said he would buy another when prices went back down to normal.
Saw a lot of boats being done the same wayQuote:
Originally Posted by SuperDave336
been shopping myself , here they are flat out desperate to sell me a new one .
why , probably the same old thing , the next years models are coming in soon .
might get one at invoice or lower before it is over with.
know the market and how it works , if they have an abundance of certain makes or models
they will get crazy cheap near the end of the months late in the year .
tired of paying taxes on them and need room for the new ones .
my 27 cents on it ...
I work for an auto group here and I can tell you this, You can get a good deal on a new one IF YOU CAN FIND WHAT YOU WANT. You'll get more for your trade, like the other post said, than it's worth most likely. Used to used isn't always a good way to go right now because dealers are paying premium prices at the auto auctions just to get stock to put on their lots. This chip problem, made in China, is a real problem and causing quite a stir in the market and if you want new most likely you'll have to order what you want. Right now orders are stacking up and the wait COULD be anywhere from 4 to 6 months OR MORE. If you don't mind a few miles on a new one ask your dealer if they can find one in inventory at another dealer, they have a way to check every dealer in the U.S., IF they can find it then they'll TRY to work a trade for one of their new stock. If not that then the dealer can try to buy it out right from them. I went to Philly to get a landscape dump for our store for instance. You just have to get out there and see if you can find what you want and go from there. Hope this helps you out.
I think this analysis is correct. The OP has a problem in that they need bigger right now, and will have to pay steep prices for the foreseeable future.Quote:
Originally Posted by icehouse
Bob
Thanks all!
Two of the dealers we stopped at, have a $5000 & the other has a $3000 markup, for chip shortage. I wanted to walk when we found that out. Of course it wasn't on there website. We tried to deal with the one that had the $3000 markup, they then offered us $5000 under KBB for our trade. We walked. That was two weeks ago, that vehicle is still there.
The dealers we've been to since, Haven't had any mark-ups.
We stopped at several others, they are not doing this markup stuff.
If the used wasn't so expensive, id go that route.
The good news is, we're not in a hurry.
I ordered an F-250 in MARCH , just got it Fri. AUG the 13th. Got a great trade in .If you can find what you want now I would say get it .
I am keeping my paid for vehicles. My 2003 F250 is clicking right along with 210K. Paid off our Grand Cherokee last year and it was so liberating or make that final payment. My old truck needs cab corners and $90 cab corners beats a rediculous car payment. JMHO
Not being in a hurry is the best place to be. Gives you time to find what you want at the best price. Seems to be alot of turmoil around vehicle prices right now. :twocents Hope you find a good deal and can get out and enjoy the RV.Quote:
Originally Posted by skunked again
I would wait. This is what I’m doing. Went to several lots a couple months ago and nobody had anything. Lots of 4 cylinders but not what I was after. Every truck that was in route to dealership was sold sight unseen. Money I’m going to fork out no need settling on something I don’t want.
I try to buy in December, when they are fixing to become a year older .
I am waiting on the new Ridgeline 400R. I be styling going to walmart. The RTL-R is supposed to sit closer to the ground. I want something to get in and out without a step. I am not into high stepping and big tars.
All good thoughts !
When we bought the frontier, a travel trailer was not on our minds. I was quite happy with it until then. Wife isn't happy about this, as the frontier will be paid off in 2 years. I said there is an alternative, "Sell the trailer." She was not thrilled with that statement ! ! ! :Rofl Apparently, that isn't an alternative!!
So far, I've test driven a ram and silverado. Both 3/4 ton, 4x4, long bed. If I can a similar ford, will test it also. As of yet, I'm not brand specific. Trying to give them all a fair shake.
I wasn't aware crank windows where still made. That was a regular cab, long bed, 4x4, gasser, one ton, new. Sticker price of $44,000. Oh, it had a backup camera !
I would like to see the options sheet on how much extra those manual window cranks cost. At this point probably cheaper to go with power windows
why not go with a titan ? nissan does not seem to have this here shortage best i can tell , at least not in these partsQuote:
Originally Posted by skunked again
A dealer friend of mibe bougght a Chevy 3/4 gasser at auction 2 years ago for 27k for his personal truck. He didnt use it much so he put it in an auction last month. It sold for $51k. Its crazy right now. I am waiting myself. I only pay cash, and while my trade is worth top dollar I have to pay a premium for a new or used ride. F-150# that were selling for $36k to $38k 2 years ago have prices listed at $55k here locally.
A lot of things are like that at the moment
Ketchen- The Nissan Titan XD has good payload and towing numbers, until you compare the price to a 3/4 ton. They where the first I priced. We've had multiple Nissans, good luck with all of them.
I have been looking for the past 2 months for new vehicle. First no one has any of the vehicles that I am interested in on the lot. Here in TN they sell within 24 hours of getting on the lot. Deals...there ain't no deals here unless it is on sedans that are not selling well. Wait......well yeah you could wait...but how long? No one can say when this chip shortage will get caught up....but it is not going to be soon. I have now extended my search out to a 250 mile radius and the main vehicle I have been wanting I have been priced out of the market...meaning I do not want to pay a 5 grand premium over the MSRP....not saying I would never do that but I sure don't want to. I check the sites each and every day....while I may not want to pay the asking price, others do and they are not on the lot long. I am now looking at a vehicle that will suit me but it certainly is not my first choice.
Regards
The chip shortage has definitely jammed up the automotive market. When I researched it. The chip manufacturers picked up other business when the auto market slowed down. Now they are not willing to go back to the automotive market as they were. A small part of it is do to raw materials shortages.
CHIP SHORTAGE? Didn't realize trucks had that much in common. Must be dealer collusion. Seems to be no shortage of dealer SHAFTS.
Yep !! Vehicles are no longer just plugs and fuses. Now that every vehicle has all the latest bells & whistles electronics, computer chips are the heart of all those luxuries. Same thing they did to our landline phones ... put a computer in them.Quote:
Originally Posted by Cane Pole
Engine control computer. Every aspect of the engine is monitored and controlled by that computer.