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Have truck (and car) prices dropped with any signifigance

Posted on 1/19/25 at 7:43 pm
Posted by LChama
Member since May 2020
3334 posts
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 by UltimaParadox
North Carolina
Member since Nov 2008
51554 posts
Posted on 1/19/25 at 7:47 pm to
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
Posted by notiger1997
Metairie
Member since May 2009
61302 posts
Posted on 1/19/25 at 8:01 pm to
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 by thunderbird1100
GSU Eagles fan
Member since Oct 2007
71554 posts
Posted on 1/19/25 at 8:52 pm to
Used car prices have gone down a ton from their highs a while back.
Posted by GeauxTigers123
Member since Feb 2007
3096 posts
Posted on 1/20/25 at 3:44 am to
Some brands are certainly more negotiable now than during the shortages, but I don’t see sticker prices changing anytime soon.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24999 posts
Posted on 1/20/25 at 9:42 am to
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 by WhiskeyThrottle
Weatherford Tx
Member since Nov 2017
6964 posts
Posted on 1/20/25 at 10:36 am to
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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