Life Is Sweeter…

[IDBrett]

When you drive a beater!

 

It was my mantra for decades. The “I can fix anything” is losing its luster. I have owned nothing but Chevy trucks and one GMC (Yukon) over the last 30 years. No other brand truck has been in my fleet. Lots of Chevy cars too.

 

I waited a tad too long to replace some of the family fleet. Shoulda done it before the kung flu.

 

Been a lurker. Been awhile since I’ve been here and I don’t recall all the pop ups.

 

The 2020 and newer models have got my attention. Weighing 6.6 gas/diesel, 2500/3500 currently. Used are priced…how can I say it politely…I can’t…pants on head retarded!

 

Coulda swore I signed up years ago. Maybe under an older email. Anyway, here to learn about new stuff and talk to like minded folks.

[swathdiver]

I'm with you, like no payments and my older trucks but those HD 2024s sure look nice inside!  All the new bells and whistles makes my 2013 look antique!

[IDBrett]

At this stage I'm looking at used and the outlook isn't promising.

 

What happened to "once it's driven off the lot it loses 10%"  ?

 

Used are just under what they stickered for or above by a few grand on some lots. If that is the way it stays 90 days from now, I'll order one exactly the way I want.

 

Here in Idaho, if a vehicle is 30 years old it qualifies for a Classic license plate. My 94 hits that next year! Of course those plates aren't for daily drivers though.

[KARNUT]

7 minutes ago, IDBrett said:

At this stage I'm looking at used and the outlook isn't promising.

 

What happened to "once it's driven off the lot it loses 10%"  ?

 

Used are just under what they stickered for or above by a few grand on some lots. If that is the way it stays 90 days from now, I'll order one exactly the way I want.

 

Here in Idaho, if a vehicle is 30 years old it qualifies for a Classic license plate. My 94 hits that next year! Of course those plates aren't for daily drivers though.

I’ve noticed some ( desirable) vehicles trucks or cars higher priced used than new. They are available. My local GMC and Ram dealer are offering discounts now. Amusingly I saw a 3 year old scat pack at my Honda dealer last week priced 2K less than a new one across the highway. I saw similar pricing for Mavericks and Broncos. My brother has been waiting two years for 3/4 ton Ford diesels to get reasonable. He finally ordered one.

[IDBrett]

Recently I've seen ads and hear on the radio that light duty trucks/suv's are starting to run special financing incentives. Hopefully it filters up to the HD market. There is one for those as well; 2.9% for 36 mo. Smart money considering interest rates. But dayum that payment size, unless a person has 40% to put down.

[swathdiver]

One reason for the high resale prices is inflation, a dollar today is worth a lot less then it was even a year ago.  

 

My 2013 stickered for $51K and ten years later with 75K miles cost $30K.  A US dollar today is worth eighty-five cents compared to 2020.

[Grumpy Bear]

14 hours ago, swathdiver said:

One reason for the high resale prices is inflation, a dollar today is worth a lot less then it was even a year ago.  

 

My 2013 stickered for $51K and ten years later with 75K miles cost $30K.  A US dollar today is worth eighty-five cents compared to 2020.

 

And worth less than a 1955 nickel. For what my father paid for his home and one acre lot I can't put the same cedar siding on mine he has on his G-235 tract home. People and Government look at incomes and inflation in segments of a year. Try 70 and the picture is stupid. Sure, I can sell Pepper for more than I paid for her.....and then what? Won't make a down payment large enough to keep the payment less than the house payment was. Not unless I buy down. Mitsubishi Mirage down. 

 

It will keep right on going. People twenty today look at a fifty-dollar bill like I looked at a nickel as a child. 

 

 

[DrNick]

Welcome aboard!

 

[IDBrett]

I did the "build a truck" in 2020 on Chevrolet dot com. A custom trim level with the 6.6 gas, 2500. With options that I wanted for towing a camper. A less optioned 2023 2500 Custom is almost $7k more. Geez! I thought I couldn't afford it then.... 

 

Wish I had a crystal ball a few years ago. Hell ten years ago. I'd have bought bare land in my area. And I could just sell it now and be paying cash for a new truck..

[omegafiler]

I do see the time of "buy low, sell high" for cars coming to end. Just not all at once. I know I certainly did plenty of that (not intentionally). Inventory is slowly stabilizing for some brands. So we'll see.

 

In either case, welcome to the forum, and post some pics!