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Message

re: Sticker Shock on used Cars/Trucks

Posted on 10/12/21 at 8:14 am to
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45783 posts
Posted on 10/12/21 at 8:14 am to
quote:

Even if it’s not his “fault” his admin doesn’t seem to be trying to fix any of it, either
The faster things devolve into chaos, for those who stand to benefit from it, the better it is.

Dems want iron fisted power. What better way to get it than to have the country go out of control and then they declare the Constitution suspended, send in the military and clamp down and stamp out our freedoms "for our safety".
Posted by LuckySo-n-So
Member since Jul 2005
22081 posts
Posted on 10/12/21 at 8:16 am to
quote:

are these issues something the President of the United States has the power and authority to fix? And if so, how would they go about doing so?


If he issued Executive Orders, GOP would sue to get them overturned (as did Dems in previous admin); otherwise he’d have to go through Congress, where McConnell will refuse to let it get to the floor.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71171 posts
Posted on 10/12/21 at 8:19 am to
quote:

Also OP please correct that opening spelling error from toke to took.


Toke sounds better to me.
Posted by ninthward
Boston, MA
Member since May 2007
20421 posts
Posted on 10/12/21 at 8:28 am to
its biden's fault

just like everything was trumps fault
Posted by Logician
Grinning Colonizer
Member since Jul 2013
4513 posts
Posted on 10/12/21 at 8:55 am to
quote:

Demand is higher than supply right now.

and why is supply low right now, comrade?
Posted by TigrrrDad
Member since Oct 2016
7122 posts
Posted on 10/12/21 at 9:20 am to
Trucks are outrageous now. A year ago I bought an F150 for $43K (stickered around $55K). 2 weeks ago I traded it on a Mach 1 - got $46K for the truck, and they are selling it for $52K (1 yr. old, 16K miles). They had only 1 new F150 on the lot.
Posted by Pechon
unperson
Member since Oct 2011
7748 posts
Posted on 10/12/21 at 9:24 am to
quote:

It’s multifaceted, but I’m cool with blaming Biden


I mean I thought he was the smartest motherfricker on the planet and could solve all our problems. Well, that's what all the little babies offended by a mean tweet say.

So far the only thing this administration has been capable of is shitting the bed. Not sure how that helps but apparently it's all they know.

quote:

A year ago I bought an F150 for $43K (stickered around $55K). 2 weeks ago I traded it on a Mach 1 - got $46K for the truck, and they are selling it for $52K (1 yr. old, 16K miles). They had only 1 new F150 on the lot.


Trucks that are the same make, model, year, mileage, and trim level as my truck are selling at about the same price I bought my truck three years ago. Which is the only silver lining that my truck hasn't lost much value compared to any other car I have had. Although it wouldn't shock me the bottom will eventually fall out in the form of a economic disaster.
This post was edited on 10/12/21 at 9:27 am
Posted by blueboxer1119
Baton Rouge
Member since May 2013
8005 posts
Posted on 10/12/21 at 9:24 am to
Used car prices are outrageous, like everything else.

But at least no more mean tweets.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14472 posts
Posted on 10/12/21 at 9:33 am to
quote:

The prices of every consumer product out there is going up and aren't about to come back down.


Agree what happens when inflation does get under control? Will companies just lower their prices when they can continue to keep them high to increase profits? A trip to the grocery store is definitely an eye opener when you are used to seeing the same prices on items for many years.
Posted by rexorotten
Missouri
Member since Oct 2013
3923 posts
Posted on 10/12/21 at 10:10 am to
I have a 2015 Chevy Cruze that I bought in 2016 with 24k miles. It has 54k now. My friend is a GM at a dealership and he told me he could give me what I paid for it which was around 14k. I'm not selling it though.
This post was edited on 10/12/21 at 10:11 am
Posted by bhtigerfan
Baton Rouge
Member since Sep 2008
29483 posts
Posted on 10/12/21 at 10:16 am to
quote:

a 2017 Z71 with 159K. They wanted $48 grand for the vehicle.
Ho Lee Phuk! That’s insane for a truck with 159k miles. What fricking idiot would buy that?
Posted by TigerIron
Member since Feb 2021
3046 posts
Posted on 10/12/21 at 10:24 am to
quote:


I would be genuinely interested in getting an explanation for how this one is on the Biden admin. Logistics are absolutely fricked across the entire world, from manufacturing to shipping, from raw materials to SOCs. Plenty of shite to blame Biden for these days, but this one just doesn't seem reasonable or logical in any way. But if I'm missing something, someone let me know



1. COVID overreaction and shutdowns were driven by the democrats and media in order to defeat Trump/ get Biden in. Both indirectly, to make voters miserable so they would want change, and directly, so that Biden didn't have to campaign in public. When you have a just-in-time economy and you just shut it down with no plan to start it back up again, that is your first terrible error. If it hadn't been shut down in the first place, then we wouldn't be in this fricked situation.

2. Printing and doling out "stimulus" money that has suppressed the labor market, while also continually extending unemployment benefits. Normally, people would need to get back to work. Now, not so much. Without employees, the supply chain is breaking down further.

3. Vaccine mandates. Instead of making rebooting the economy priority #1, the administration has chosen to push vaccine absolutism. This has even gone so far as to deny that people who've had COVID possess effective natural immunity. But, more importantly, they've gone down the path of using soft persuasion, and now hard mandates, to force the vaccine on people who don't want it on pain of losing their jobs. This has led to departures and firings that are further crippling the supply chain when it is already struggling to recover.

Those are the 3 most important ones. You could add a 4th, which is that the President is obviously addled and incapable of comprehending the situation, much less leading us out of it, while the people running him seem to actively want to destroy the economy/ middle class so they can reconstruct society. So, there's a genuine explanation.
Posted by YOURADHERE
Member since Dec 2006
8043 posts
Posted on 10/12/21 at 10:30 am to
We have no intention to sell but a similar situation on my wife's 4Runner. It's a 2019 TRD Offroad Premium package, we paid $40,000 for it. A few of the car buying websites offered $44-$46,000 for it when I was just playing around. I thought that was crazy but the dealership we bought from is taking the same packaged 4Runners, listing them for MSRP + $5000 market adjustment pricing, and selling them. So the same vehicle is now ~$54,000 just 2 years later.

TRD Pro models in the special color are getting $10,000-$15,000 market adjustment pricing from some dealerships. No thanks.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 10/12/21 at 10:31 am to
quote:

Normally, people would need to get back to work. Now, not so much


why do so many of you people keep lying about this, extended unemployment benefits ended long ago
Posted by PCRammer
1725 Slough Avenue in Scranton, PA
Member since Jan 2014
1452 posts
Posted on 10/12/21 at 10:46 am to
I sold a 2016 Audi Q3 with 35K miles on it to Carvana yesterday for 28K. I only paid 35K for it new over 6 years ago! About a year ago KBB was 20K for that car.
Posted by TigerIron
Member since Feb 2021
3046 posts
Posted on 10/12/21 at 11:38 am to
quote:

why do so many of you people keep lying about this, extended unemployment benefits ended long ago


We're talking about a supply-chain disaster that has been building over a year and a half. Extended unemployment benefits were paid out over most of that period, and helped create the fricked situation we're facing now.


Plus, millions were still getting unemployment benefits until a month ago. So the actual liar here is you, unless you'd like to try to crawfish into saying a month is "long ago."

quote:

Roughly 7.5 million Americans lost access to these extra federal benefits entirely on Sept. 6, and another three million saw their checks cut by $300 a week, according to a report by progressive public policy firm The Century Foundation.


LINK /
Posted by Jack Bauer7
Member since Jun 2012
5026 posts
Posted on 10/12/21 at 11:41 am to
There’s a major lack of new car inventory. So, all dealers can get their hands on are used car trades in. Supply and demand. No negotiating, take it or leave it
Posted by BuckyCheese
Member since Jan 2015
49441 posts
Posted on 10/12/21 at 11:56 am to
quote:

Don't know all the details, but I was driving a "courtesy" truck while my Toyota was in the shop recently.


Two Toyotas in the shop. This guys and the OP's.

Amazing. If one listens to the OT Yota fanboiz that never happens.
Posted by BuckyCheese
Member since Jan 2015
49441 posts
Posted on 10/12/21 at 11:59 am to
quote:

I was at a dealership the other day looking at a 2017 Z71 with 159K. They wanted $48 grand for the vehicle.


That has to be a 2500 Duramax.....
Posted by Ajo Devil
Tempe, AZ
Member since Sep 2006
2428 posts
Posted on 10/12/21 at 12:48 pm to
Trump downplayed Covid for political gain
Covid spread quickly, including dock workers
No dock workers = supply chain issues galore
Supply chain issues = everything goes up in price
Knuckle dragging trumpers think higher prices are due to "Biden's America"
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