Sound like a great time to buy a new or used full size truck for those that need full size trucks
- posted
15 years ago
Sound like a great time to buy a new or used full size truck for those that need full size trucks
Don't forget to get the bankruptcy filing kit and learn to love your negative equity.
I'm waiting until next week, when they'll sell for just $1 above the cost of the fuel left in the tank. ;)
Why? Do you need a truck in your business?
This is indeed the time to buy a used truck or SUV - if you need it. All the soccer moms who used to transport their seven-year-old and his ball to games have suddenly discovered that they really didn't need the Lincoln Navigator or Chevy Suburban or Ford Excursion (with its V-10!) to ferry junior about and it's just as easy with a Honda Fit or Yaris. Only trouble is that her family owes more on th behemoth than it's worth, and they're stuck with it. Too freakin' bad. Only trouble with buying a new truck or big vehicle is that there's so much profit packed into it. Oh, you think $40 grand is too much for a truck? We'll give you a $3000 rebate and it'll only be $37 grand! (or about twice what it's worth to start with.)
Has it occurred to you what will happen to the price of midget and small cars when the manufactures no longer have the profits from the big cars and trucks that have been supplementing the cost of making the midget and small cars? LOL
I see GM is going to raise their prices 3 1/2 percent for the new models. I really don't care what happens to the domestic big three, since they've dug their own grave, and have been doing just that for years. They're burning through money as fast as our forces in Iraq, with even less progress. Unless they can modify their contracts with UAW to cut down on the retirement benefits of workers who no longer work for them, just collect pensions, the only auto companies in this country who may survive are the ones who make domestic versions of Japanese and German cars.
In case you haven't notice dummy ALL manufactures, currently selling 09 models, have upped the price over the 08s they replaced. Every manufacture has always raise prices DURING the model year as well when costs go up
In case you haven't notice dummy ALL manufactures, currently selling 09 models, have upped the price over the 08s they replaced. Every manufacture has always raise prices DURING the model year as well when costs go up
What makes you think ANY manufacture will make midget and small cars in the US when they can make them off shore much cheaper LOL
Auto companies in this country who may survive are the
Actually, price decreases often occur during the model year as well.
For the same reasons they make mid-size and large cars in the U.S. when they can make them off shore much cheaper. Well of course you've got two errors of fact in that statement. First of all, the place they can make them "much cheaper" isn't off shore, it's in Mexico, and perhaps Brazil. It's no cheaper to manufacture in Japan or Europe. Maybe China would be cheaper, though transport costs would eat up a lot of the savings, and it's unlikely that U.S. consumers would accept Chinese-made cars unless tehy were significantly cheaper.
Sure, for those who need a good truck the price will continue to drop and the deal gets sweeter. But with housing/construction/consumers in the septic tank a lot LESS people are going to need trucks.
Wait another month and you'll have to pay to get the gas still in the tank. The truck will be free. ;) ;) ;)
Maybe it is time to cash in.
Ed
Are you referring to Tundras? ;)
Define a lot less? The F150 is still selling at a annual rate of more than a half million and the end of the model year is not the time of year when most truck buyers by trucks. Those that need trucks will continue to buy the trucks they need in the fall
Sure, for those who need a good truck the price will continue to drop and the deal gets sweeter. But with housing/construction/consumers in the septic tank a lot LESS people are going to need trucks.
Apparently you don't know much about the business of building and marketing vehicles if that is what you believe. I worked for GM, VW and Ford over a period of thirty years in designing cars and later in retail for over ten years.
Nobody lowers the price at the end of the model year. They add some equipment to the cars that have increased in price during the model year and offer rebates but the never lower the MSRP.
The base retail value of any used car, of any brand, of any model year, is the SAME, not matter when it was purchased. If you drop the MSRP you kill the price of the whole model year.
Chrysler made that mistake >> In case you haven't notice dummy ALL manufactures, currently selling 09
Scott you need to hang on to it a bit longer. When they get old enough the start to go up. My '71 Pinto cost $1,885. My antique car insurance carrier ups the value annually. They have it up to $10,000! Not to long ago it was only $6,000. At the time my '83 Mark VI, which cost $27,800, was $9,000 and now they have it at $11,500.
You didn't say that. You said that manufacturers always raise prices during the model year.
Yet lowering of the MSRP has often occurred when they set the MSRP price too high for market conditions, and not just via rebates but actual reductions in the MSRP. GM did this as recently as 2006, see "
Wrong. As usual. You really need to do just a little research before posting. It took me about 15 seconds to locate news stories that confirmed what I knew to be the case.
You don't know what you are talking about. Manufactures add FREE options that raise the BASE price by the value of the options, which are then discount on the sticker, that never lowers the MSRP no mater what you think.
Another think I saw them all do when I was Group Sales Manager for one of the largest Mega-Dealership Groups on the east cost, was issue new price lists on vehicles on dealer order in May, going into at the end of the model year build time, when we could no longer order some models.
When the new model prices were introduced they could report a LOWER percentage increase over the previous model year. THEY all do it. We sold just about any brand you can name in our 28 dealeships in six states.
S>> Apparently you don't know much about the business of building and
As the links I provided prove, you are absolutely wrong about manufacturers never lowering the MSRP mid-model year. Read and learn.
Ya' right LOL
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