Pickup Trucks Are About To Become Hard To Find & Expensive

Gorehamj · September 2, 2017

John Goreham
Contributing Writer, GM-Trucks.com
9-02-2017

According to Black Book, the automotive industry analyst experts, Hurricane Harvey just destroyed over 500,000 vehicles in Texas, Louisianna, and Florida. That is about 3% of the vehicles bought new each year. About 500 dealerships in the Houston area alone were flooded. Factor in the vehicles that will be damaged and destroyed as part of the rescue and recovery efforts and suddenly an awful lot of America's pickups just left the building.

Texans love their pickups as much as any section of America. Texas is also North America's second-largest vehicle market after only California. GM-Trucks.com has done numerous stories related to to the tight midsize pickup truck market. GM's full production efforts with Colorado and Canyon were already maxed out prior to this catastrophe. Making more is really not an option. GM can make more full-size trucks and those will be more popular and in greater need. One easy to forecast change to the pickup truck market is that prices will be much closer to MSRP than they have been in the past two years and inventory will be sparse everywhere as dealers shift inventory to the SouthWest in the coming three to six months. The $11K discounts on some Silverados we reported on earlier this year are likely gone for the foreseeable future.

*Media note: The particular video and the screen shot from it were chosen for the scenes of the trucks under water, not due to any personal network preference of the writer.

Arth · September 2, 2017

Check it out, 11,600 off brand new 2017 Silverados for Labor day weekend.

Guess they aren't gone yet.

http://www.chevrolet.com/

2017 SILVERADO 1500 CREW CAB LT ALL STAR 4WD

2017-chevrolet-silverado1500-4wd-1lt-bla

For current Chevrolet owners and lessees

$7,000 Total Cash Allowance

$2,850 Price Reduction Below MSRP

$1,000 Chevrolet Loyalty Cash

+ $750 Option Package Discount

$11,600 Total Value When You Purchase†

Chevyguy85 · September 2, 2017

So my unicorn is going to become a special unicorn now? Interesting.

j-ten-ner · September 3, 2017

Wouldn't it be nice of GM to offer some special discount to the flood victims?

Go figure...

so long

j-ten-ner

2017SierraSLT · September 3, 2017

I am glad I purchased mine about a month ago. There will be a whole lot of salvage parts available due to this disaster.

dsr611 · September 3, 2017

Wouldn't it be nice of GM to offer some special discount to the flood victims?

Go figure...

so long

j-ten-ner

GM will offer them a great deal...GM will bump the prices up $10K and offer a $5K discount and people will think they are getting a great deal

Gorehamj · September 4, 2017

Hey j-ten-ner! Thanks for your comment! I reached out to GM and found out that GM is actually offering a discount and much more. Story to come today.

O_J_Simpson · September 4, 2017

Wouldn't it be nice of GM to offer some special discount to the flood victims?

Go figure...

so long

j-ten-ner

During Allison GM offered a flat extra $1000 storm rebate. Ford has stepped up big time with the A plan for all and $1000 on top of that for first responders. Waiting for GM to do more that little rebate again that can't be used with the private offers in the mail.

Colossus · September 5, 2017

Wouldn't be surprised if the little boys like Nissan & Crapota swung in to offer current truck owners regardless of brand some special discounts to get some sales of their trucks.

j-ten-ner · September 5, 2017

Hey j-ten-ner! Thanks for your comment! I reached out to GM and found out that GM is actually offering a discount and much more. Story to come today.

During Allison GM offered a flat extra $1000 storm rebate. Ford has stepped up big time with the A plan for all and $1000 on top of that for first responders. Waiting for GM to do more that little rebate again that can't be used with the private offers in the mail.

That's great news.

Kudos for that!

so long

j-ten-ner