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Re: Used Truck Prices [Re: fishmagnet] #13983977 05/03/21 07:13 PM
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Originally Posted by fishmagnet
Supply / Demand
There’s minimal supply and HIGH demand right now, esp trucks.
High prices!





100 percent right! thumb


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Re: Used Truck Prices [Re: n2ratfishin] #13983984 05/03/21 07:20 PM
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Originally Posted by n2ratfishin
Gas prices will do more to kill truck and SUV sales than most other things. Consumers are obviously willing to pay for a truck tho most can do without one.


Looking at a 7.3 gas truck...gas prices don't bother me.

Re: Used Truck Prices [Re: KingwoodCat] #13984062 05/03/21 08:06 PM
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Check out the prices of the C8 corvettes. Some going for over $30k over MSRP
Crazy market right now for used cars all around



Re: Used Truck Prices [Re: KingwoodCat] #13984097 05/03/21 08:22 PM
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My 2015 F250 Platinum new was 72K sticker but I paid 68K. 6 years and 115,000 miles later it's worth 45K. 23K depreciation isn't to bad I guess.

Re: Used Truck Prices [Re: KingwoodCat] #13984185 05/03/21 09:12 PM
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Originally Posted by KingwoodCat
Are absolutely insane. Credit Karma says my 2017 Tundra SR 5 Crew Cab with 4WD with 60K miles is worth darn near what I paid for it new. What’s up with used truck prices?


I know what you mean....Carvana is selling one like mine with higher mileage for $4,000 more than I paid for mine.


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Re: Used Truck Prices [Re: bshort] #13984413 05/04/21 12:24 AM
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Should be a great truck. cheers

Re: Used Truck Prices [Re: KingwoodCat] #13984480 05/04/21 01:10 AM
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Neighbor just traded in his two year old f150 and they gave him $1K more than what he paid. Crazy times


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Re: Used Truck Prices [Re: KingwoodCat] #13984518 05/04/21 01:39 AM
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Does not sound like a good time to buy a new truck.
My 2000 Dodge was 26.7 new in 1999. Its probably only worth $6 to 8k now but anytime you can drive that long on less than a grand a year and I'm happy. Will still do over 20 mpg on the highway and pulls more than I ever put behind it.


Re: Used Truck Prices [Re: KingwoodCat] #13984576 05/04/21 02:20 AM
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Not getting the new truck this fall with all the price craziness going on. It’s supposed to be related to micro chip availability.Wonder how long that’s going to last to where prices go down from insane back to just plain crazy.

Last edited by Fishspanker; 05/04/21 02:20 AM.

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Re: Used Truck Prices [Re: KingwoodCat] #13984577 05/04/21 02:20 AM
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I've got a 2020 Silverado 1500 Texas Edition. 9000 miles. Bought it brand new from Moritz. It should be my last truck.


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Re: Used Truck Prices [Re: uncle_bagster] #13984591 05/04/21 02:26 AM
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Originally Posted by uncle_bagster
One result of this is an increase in car thefts and car jackings.

https://www.wsaw.com/2021/04/01/warning-auto-thefts-on-the-rise/


Good idea! I hadn't thought of stealing one. That would be much cheaper.

Re: Used Truck Prices [Re: bshort] #13984656 05/04/21 03:36 AM
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Originally Posted by bshort
Originally Posted by n2ratfishin
Gas prices will do more to kill truck and SUV sales than most other things. Consumers are obviously willing to pay for a truck tho most can do without one.


Looking at a 7.3 gas truck...gas prices don't bother me.

Not right now....how about if dems have their way and it goes to $8/gallon...or $10/gallon...or worse?


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Re: Used Truck Prices [Re: Allison1] #13986592 05/05/21 02:58 PM
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Originally Posted by Allison1
Does not sound like a good time to buy a new truck.
My 2000 Dodge was 26.7 new in 1999. Its probably only worth $6 to 8k now but anytime you can drive that long on less than a grand a year and I'm happy. Will still do over 20 mpg on the highway and pulls more than I ever put behind it.



Maybe it's not a good time to buy a new truck, but it must be a good time to buy a used truck. Last month was in the top 5 highest volume months Texas Motorcars has ever had. People come in, fly of the handle how high trucks are now. Someone pulls in behind them and scoops it up. Crazy how busy it is now.

Re: Used Truck Prices [Re: Brian Spagnola] #13986600 05/05/21 03:05 PM
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Originally Posted by Brian Spagnola
Originally Posted by Allison1
Does not sound like a good time to buy a new truck.
My 2000 Dodge was 26.7 new in 1999. Its probably only worth $6 to 8k now but anytime you can drive that long on less than a grand a year and I'm happy. Will still do over 20 mpg on the highway and pulls more than I ever put behind it.



Maybe it's not a good time to buy a new truck, but it must be a good time to buy a used truck. Last month was in the top 5 highest volume months Texas Motorcars has ever had. People come in, fly of the handle how high trucks are now. Someone pulls in behind them and scoops it up. Crazy how busy it is now.



Why is it busy? Is it the stimulus money or what’s the logic to pay the high prices, serious question.

Re: Used Truck Prices [Re: grout-scout] #13986621 05/05/21 03:17 PM
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Originally Posted by grout-scout
Originally Posted by Brian Spagnola
Originally Posted by Allison1
Does not sound like a good time to buy a new truck.
My 2000 Dodge was 26.7 new in 1999. Its probably only worth $6 to 8k now but anytime you can drive that long on less than a grand a year and I'm happy. Will still do over 20 mpg on the highway and pulls more than I ever put behind it.



Maybe it's not a good time to buy a new truck, but it must be a good time to buy a used truck. Last month was in the top 5 highest volume months Texas Motorcars has ever had. People come in, fly of the handle how high trucks are now. Someone pulls in behind them and scoops it up. Crazy how busy it is now.



Why is it busy? Is it the stimulus money or what’s the logic to pay the high prices, serious question.

Covid caused a world-wide slow roll on the production of many essential elements/components for the assembly of every class of vehicle, appliances, furniture, electronics, etc.
Automakers haven't caught up to the demand for new vehicles which therefore drives prices up, up, up! This results in the consumers second 'option', buy used or pre-owned, cause the price of new is stupid high!
At some point the market will level out, but when is anybody's guess.


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