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Have truck (and car) prices dropped with any signifigance
Posted on 1/19/25 at 7:43 pm
Posted on 1/19/25 at 7:43 pm
I know it was predicted on here. How we lookin? Any guidance or predictions are welcome
Posted on 1/19/25 at 7:47 pm to LChama
Depends on what you want to buy, since everyone wants to buy Toyota trucks and SUVs they haven't moved much. But you can definitely find them for sale now as, sales have slowed. Price has not gone up much at least.
Don't think we will ever return to precovid pricing and generally it just doesn't seem that there is a glut of used cars as the usual people that churn new cars can't afford the interest rates anymore.
Obviously much better value on sedans like a Camry
Don't think we will ever return to precovid pricing and generally it just doesn't seem that there is a glut of used cars as the usual people that churn new cars can't afford the interest rates anymore.
Obviously much better value on sedans like a Camry
Posted on 1/19/25 at 8:01 pm to LChama
Not really. The chicken littles have been predicting for two years that auto pricing and housing were about to fall off a Cliff in the next month.
Posted on 1/19/25 at 8:52 pm to LChama
Used car prices have gone down a ton from their highs a while back.
Posted on 1/20/25 at 3:44 am to LChama
Some brands are certainly more negotiable now than during the shortages, but I don’t see sticker prices changing anytime soon.
Posted on 1/20/25 at 9:42 am to notiger1997
quote:
Not really. The chicken littles have been predicting for two years that auto pricing and housing were about to fall off a Cliff in the next month.
Housing - no
Autos - yes
Posted on 1/20/25 at 10:36 am to notiger1997
quote:
Not really. The chicken littles have been predicting for two years that auto pricing and housing were about to fall off a Cliff in the next month.
It's been longer than 2 years. I read it was going to be 6 months before prices drop for the last 4 to 5 years now. I think the prices of vehicles are "the new norm" as much as I hate that saying. They may come down in very small increments, but I do not believe you'll see a crash.
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