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re: Anyone getting big offers for their used trucks?

Posted on 4/17/21 at 9:59 pm to
Posted by biglego
San Francisco
Member since Nov 2007
83095 posts
Posted on 4/17/21 at 9:59 pm to
quote:

There are very few trucks on the used market.

They are going for stupid money.


Doesn’t make sense to me though. When used trucks are the same price as new then why is there any demand for used?
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 4/17/21 at 10:02 pm to
Sounds like inflation to me boys.
Posted by VaBamaMan
North AL
Member since Apr 2013
8044 posts
Posted on 4/17/21 at 10:04 pm to
quote:

What the frick


seriously.

My grandfather paid $29,000 for that truck brand new in late 2012. When they offered that I jumped.

That was the third dealer to give me an offer. Lowest of the 3 was $16,000.
Posted by VaBamaMan
North AL
Member since Apr 2013
8044 posts
Posted on 4/17/21 at 10:08 pm to
quote:

When used trucks are the same price as new then why is there any demand for used?



Because there aren't a ton of new trucks on lots either. There is a major computer chip shortage because of shut downs last year. No one can get very many products with that amount of electronic components out the door right now.

PC and PC parts manufacturers are having similar issues.

I wanted to order the truck I bought so I could get all of the features I wanted, but the wait was 8 months to a year. For a fricking Jeep Gladiator. So I bought the closest thing on the lot because I couldn't wait that long.
Posted by HubbaBubba
North of DFW, TX
Member since Oct 2010
50798 posts
Posted on 4/17/21 at 10:15 pm to
quote:

I purchased my 2016 Silverado 18 months ago for $36k and traded it in 3 months ago. Got $37k trade-in and the dealer sold it a week later for $39k.
Do you always stalk your dealer on when they sell a car you traded in?
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
31861 posts
Posted on 4/17/21 at 10:27 pm to
Wonder if chip issues are contributing to there being zero new outboards available?
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
9493 posts
Posted on 4/17/21 at 10:55 pm to
quote:

There is a major computer chip shortage because of shut downs last year.


One of the dealerships I visited said that there are plenty of trucks, but no computers. They said a factory in China burned, and they were responsible for 15% of the chips for the world’s market

ETA: I was glad to get rid of my F-150. Last time I had something break in the A/C, I had them print my service history- they said the replaced every part but the condenser in that A/C unit. For a truck that only had 80,000 miles, I was glad to get rid of it
This post was edited on 4/17/21 at 10:58 pm
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4452 posts
Posted on 4/17/21 at 11:04 pm to
quote:

When used trucks are the same price as new then why is there any demand for used?


According to some of these threads, the demand is apparently so high that used cars now cost more than new ones.
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
42333 posts
Posted on 4/17/21 at 11:05 pm to
Back in December I traded in my 2017 sr5 4wd tacoma and got 500 more than I paid for it 2 years earlier. I went in there asking for that and they didn't flinch. Should've asked for more.
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3647 posts
Posted on 4/17/21 at 11:15 pm to
Damn, my 2012 Tundra that they offered me 9K for over a year ago, and carvanna says they'll give me 16K for it now. I'm checking Texas Direct Auto and Carmax, and high bidder gets it.

I've been saving for the down-payment on some acreage out west of Houston, and this gets me there.
Posted by lsu xman
Member since Oct 2006
16693 posts
Posted on 4/17/21 at 11:19 pm to
quote:

Damn, my 2012 Tundra that they offered me 9K for over a year ago, and carvanna says they'll give me 16K for it now. I'm checking Texas Direct Auto and Carmax, and high bidder gets it.

I've been saving for the down-payment on some acreage out west of Houston, and this gets me there.



how many miles?
Posted by pwejr88
Red Stick
Member since Apr 2007
37582 posts
Posted on 4/17/21 at 11:24 pm to
Heck I’d sell my 2014 GMC 1500 but looks like I wouldn’t be able to find another truck.
Posted by LSUA 75
Colfax,La.
Member since Jan 2019
4640 posts
Posted on 4/17/21 at 11:34 pm to
I rode through the local Toyota dealership lot earlier in the week and they had not 1 truck on the lot.I didn’t ride through the used car side,didn’t think about it.I’m not in the market for a truck right now.
Posted by Mr Breeze
The Lunatic Fringe
Member since Dec 2010
6665 posts
Posted on 4/18/21 at 12:02 am to
quote:

Heck I’d sell my 2014 GMC 1500 but looks like I wouldn’t be able to find another truck.

Mine is a 2016 Sierra with 21,00 miles in immaculate condition.

Thought the same leaned to getting new but also like having no note.

Posted by Gatorbait2008
Member since Aug 2015
27032 posts
Posted on 4/18/21 at 12:03 am to
I'm glad I got mine a few years back. It's insane now.
Posted by concrete_tiger
Member since May 2020
7477 posts
Posted on 4/18/21 at 12:10 am to
Drove my dad to Raleigh NC the other day to get a new Chevy 3500 dump truck, none were available in the GA/AL/FL area. Dealer said it was the chip issue you mentioned...
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3647 posts
Posted on 4/18/21 at 12:57 am to
quote:

how many miles?


118K
Posted by jts1207
Member since Apr 2018
928 posts
Posted on 4/18/21 at 1:05 am to
Lol to this entire thread. Yes your trucks appreciated more than new ones lmao ??
Posted by GREENHEAD22
Member since Nov 2009
20533 posts
Posted on 4/18/21 at 1:18 am to
And people think the bull market is just getting revved up again.
Posted by Rize
Spring Texas
Member since Sep 2011
18667 posts
Posted on 4/18/21 at 2:01 am to
Wonder what I could get for my 2017 F-250 with 50k miles? It’s paid off and I can use the old 1999 F-250 farm truck until hunting season.
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