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re: I paid $40k for my truck last year, it’s now worth $18k
Posted on 1/1/23 at 7:36 pm to notiger1997
Posted on 1/1/23 at 7:36 pm to notiger1997
quote:
When exactly are these dealerships going to start this hurting? I've been hearing for six months that the car industry was going to crash and prices would fall off a cliff. Still not close to happening.
By the end of 2023. Sales staffs will be cut between 15-33%.
Posted on 1/1/23 at 7:38 pm to BuckyCheese
I remember last time I was SUV shopping the Infinity QX 80 was the worst that I saw
Posted on 1/1/23 at 7:54 pm to jnethe1
I wonder what percent of the OT plant baws wives drive 90k dollar suburbans financed for 84 months.
Seems I have hit a nerve
Seems I have hit a nerve
Posted on 1/1/23 at 8:05 pm to pioneerbasketball
quote:
who pays 40k for a used vehicle?
Apparently you haven't looked at used car prices the past couple years. Dealers couldn't get new cars because of supply chain issues with chips, among other things. Dealerships have been selling used cars for way over KBB prices.
So now prices are coming down but people are stuck with cars that, if they want to sell, are going to lose a lot of money.
Housing market is going to go through the same thing. Houses where way overvalued. No if anyone is looking to sell a house they bought in the past two years they are going to lose a lot of money.
Posted on 1/1/23 at 8:07 pm to YNWA
quote:
Housing market is going to go through the same thing. Houses where way overvalued. No if anyone is looking to sell a house they bought in the past two years they are going to lose a lot of money.
Careful, you are hitting the nerve of the OT baller right now.
Posted on 1/1/23 at 8:09 pm to YNWA
quote:
Dealers couldn't get new cars because of supply chain issues with chips, among other things. Dealerships have been selling used cars for way over KBB prices.
So now prices are coming down but people are stuck with cars that, if they want to sell, are going to lose a lot of money.
You're an idiot if you bought a car in the last couple of years unless you had ZERO other options, or you're a baller and can pay cash and it is meaningless to you
Posted on 1/1/23 at 8:12 pm to Strannix
They only want to give me 21 for my 18 wrangler unlimited. Had to work them hard to get a 24k offer but I turned that down. I’ll keep it or sell it privately
Posted on 1/1/23 at 8:12 pm to Strannix
quote:
Strannix
Nobody cares what you think
Posted on 1/1/23 at 8:13 pm to YNWA
quote:
Housing market is going to go through the same thing. Houses where way overvalued. No if anyone is looking to sell a house they bought in the past two years they are going to lose a lot of money.
Yeah I bought my house in 2017 and planned to upgrade in 2023 but with interest rates I’m staying put
Posted on 1/1/23 at 8:25 pm to CHiPs25
quote:
Put your wife on only fans to recoup the 20k. Should take a few months if she’s ok with PIIHB action

Posted on 1/1/23 at 8:33 pm to Strannix
quote:
I paid 48k for my truck 4 years ago its worth 55 now
No it’s not. Probably was earlier this year. It’s not now.
Posted on 1/1/23 at 8:37 pm to Strannix
quote:bullshite.
I paid 48k for my truck 4 years ago its worth 55 now
Does it have zero miles? What kind of 4 year old truck is worth $7k more than new?
Posted on 1/1/23 at 8:40 pm to Strannix
quote:
You bought the vehicle with the worst resale value in the industry at the highest used car prices in history.

Posted on 1/1/23 at 8:44 pm to MarlboroTiger
Sell it to whistlindiesel so we can watch him destroy it. Only idea I can come up with
Posted on 1/1/23 at 8:45 pm to notiger1997
quote:
I've been hearing for six months that the car industry was going to crash and prices would fall off a cliff. Still not close to happening.
Wish it would, but that's not the reality yet.
The lack of new cars on the lots has completely changed the experience. There are only 30 cars max on most of the dealerships Lots. The CarMax and Auto-Nation type Lots are over flowing with cars.
Posted on 1/1/23 at 8:50 pm to MarlboroTiger
This does not seem right unless you either overpaid last year or this is a low ball error. I just went on KBB. I sold my Camry last year for $17,500 and the KBB report for the same specs now are about 12-15% lower across the board (except now one year older). It should not have dropped that much.
Posted on 1/1/23 at 9:00 pm to CHiPs25
quote:
Put your wife on only fans to recoup the 20k
This is bad advice…we need pics before we advise this!
Posted on 1/1/23 at 9:09 pm to MarlboroTiger
You didnt give important details like mileage and year, dummy.
I bought a v6 08 Camry with 140k miles this summer for 5k, lol. I love that car. I knew the previous owner and they babied it. frick a car note and frickalookatme ride with a note that I dont need.
I bought a v6 08 Camry with 140k miles this summer for 5k, lol. I love that car. I knew the previous owner and they babied it. frick a car note and frickalookatme ride with a note that I dont need.
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