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When do you predict vehicle prices will normalize?

Posted on 1/22/23 at 4:36 pm
Posted by BabyTac
Austin, TX
Member since Jun 2008
12162 posts
Posted on 1/22/23 at 4:36 pm
Seeing $50-$70k for low mileage used trucks and 80-100K for new. Obviously with the chip shortage and lack of production the values are up.

When do you see thinks correct themselves? I need a truck but can wait another year. I’m thinking fall of 2023 but that’s just a shot from the hip.

Anyone got the inside scoop?
This post was edited on 1/22/23 at 4:37 pm
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120277 posts
Posted on 1/22/23 at 4:37 pm to
Never

10 year notes are the new normal to keep up with the joneses
Posted by Tshiz
Idaho
Member since Jul 2013
7580 posts
Posted on 1/22/23 at 4:39 pm to
4 years
Posted by ccomeaux
LA
Member since Jan 2010
8184 posts
Posted on 1/22/23 at 4:40 pm to
Wholesale values are down 15% since mid 2022. They will continue to drop as the economy weakens

New vehicles will start offering big discounts again, some already are, with large rebates by mid 2023

Give it 6 months
Posted by Jones
Member since Oct 2005
90526 posts
Posted on 1/22/23 at 4:41 pm to
I figured a baller like you don't even look at price tags
Posted by JAMAC2001
Member since Jan 2013
2764 posts
Posted on 1/22/23 at 4:45 pm to
They are going to milk this shite as long as they can. Muh supply chain.
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17260 posts
Posted on 1/22/23 at 4:45 pm to
You are looking at high end trucks, continue to expect that, but there are plenty of NEW trucks well below 80-100k
Posted by AUbagman
LA
Member since Jun 2014
10568 posts
Posted on 1/22/23 at 4:48 pm to
quote:

and 80-100K for new


Asinine
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75216 posts
Posted on 1/22/23 at 4:51 pm to
Better question is when will grocery store prices begin to normalize
Posted by BabyTac
Austin, TX
Member since Jun 2008
12162 posts
Posted on 1/22/23 at 4:52 pm to
quote:

I figured a baller like you don't even look at price tags


I didn’t become a baller by over paying for depreciating assets. I can afford it…lol. That doesn’t mean it’s a good decision.
This post was edited on 1/22/23 at 5:03 pm
Posted by LSUsaintsfanla
NOLA
Member since Dec 2006
10946 posts
Posted on 1/22/23 at 4:53 pm to
Anyone have any insight on what the new tundra crew max’s are going for
Posted by Jones
Member since Oct 2005
90526 posts
Posted on 1/22/23 at 4:55 pm to
You're not a baller if you can't buy a domestic vehicle under 100k and not blink an eye

The plant needs a sweeping
Posted by Civildawg
Member since May 2012
8564 posts
Posted on 1/22/23 at 4:58 pm to
They.are trying to milk this for all it’s worth but there’s no denying how many cars they have sitting on their lots right now just from the dealerships I’m seeing locally
Posted by pwejr88
Red Stick
Member since Apr 2007
36183 posts
Posted on 1/22/23 at 4:59 pm to
Later this summer.
Inventory is piling back up at dealerships so you’ll see prices come back down mixed with good sales.
Posted by Gorilla Ball
Member since Feb 2006
11675 posts
Posted on 1/22/23 at 5:02 pm to
I’d adjust your vehicle search. I found a low 30,000 miles, 2020 jeep GC for around $37,000 before tax and lisc- I just had to adjust my search and my criteria
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
48769 posts
Posted on 1/22/23 at 5:03 pm to
quote:

10 year notes
Posted by redstick13
Lower Saxony
Member since Feb 2007
38525 posts
Posted on 1/22/23 at 5:03 pm to
Consumers created this market the past 2 years (posters on this site were part of that). Enjoy the new norm for truck prices.
Posted by BabyTac
Austin, TX
Member since Jun 2008
12162 posts
Posted on 1/22/23 at 5:03 pm to
Good for you, but I need a truck. Hopefully a 3/4 ton. Those seem to be the most expensive.
Posted by redstick13
Lower Saxony
Member since Feb 2007
38525 posts
Posted on 1/22/23 at 5:06 pm to
Look for something over 5 years old and closer to 10.
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
48769 posts
Posted on 1/22/23 at 5:06 pm to
quote:

but I need a truck. Hopefully a 3/4 ton.
why?
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