Originally posted by glen
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Any car dealers not playing games?
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Originally posted by FowlTrouble View PostNot gonna happen in a couple months, if ever. Dealers have the upper hand and will for quite awhile. Too many people hungry for new rides and willing to pay. Dealers and manufactures will slow play this to maximize their profits.
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Disagree, feds keep pushing rates like they are and folks will cool the buying. Deals will be had again soon.
Originally posted by FowlTrouble View PostNot gonna happen in a couple months, if ever. Dealers have the upper hand and will for quite awhile. Too many people hungry for new rides and willing to pay. Dealers and manufactures will slow play this to maximize their profits.
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Originally posted by Bucknaked View PostSince when was the “sticker price” a good deal?
To be honest, sticker price isn't a good deal. However, used vehicles and trade-ins values are at all time highs.
We literally just traded in a 2017 Ford Escape (low miles) for $600 more than what we paid outright for the vehicle 3 years ago. We did pay "sticker" for the new vehicle that we ordered and waited on for almost 5 months.
The deal is, car dealerships have been ripping people off for decades. Afterall, they are the middle man and have to make money somehow in the equation. Back when new vehicles were plentiful and incentives to buy were high, trade-in values were terrible. In our situation, we probably received a good $5K more on trade-in than we would have with a similar vehicle a few years ago. Obviously, that nice little trade-in bump offset the "sticker" price of the new.
It's all a game. What used to be under "sticker" price was offset by a terrible used market value. Best bet is to not buy a vehicle if you don't need one. I don't recall vehicles ever being an investment savy purchase.
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Originally posted by FowlTrouble View PostNot gonna happen in a couple months, if ever. Dealers have the upper hand and will for quite awhile. Too many people hungry for new rides and willing to pay. Dealers and manufactures will slow play this to maximize their profits.
I believe it will bust eventually. But Im afraid by then the interest rates will be high as a cats ace
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Originally posted by 88 Bound View PostGood point, but they all want to keep the plants running to line their pockets. Once the demand drops, the prices will too. It just might take a while.
BUT then again, Most people are stupid and will keep paying these prices.
Some people think they NEED a new vehicle, most are just wants
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Originally posted by CaptainDave View PostSince new vehicles are scarce?
To be honest, sticker price isn't a good deal. However, used vehicles and trade-ins values are at all time highs.
We literally just traded in a 2017 Ford Escape (low miles) for $600 more than what we paid outright for the vehicle 3 years ago. We did pay "sticker" for the new vehicle that we ordered and waited on for almost 5 months.
The deal is, car dealerships have been ripping people off for decades. Afterall, they are the middle man and have to make money somehow in the equation. Back when new vehicles were plentiful and incentives to buy were high, trade-in values were terrible. In our situation, we probably received a good $5K more on trade-in than we would have with a similar vehicle a few years ago. Obviously, that nice little trade-in bump offset the "sticker" price of the new.
It's all a game. What used to be under "sticker" price was offset by a terrible used market value. Best bet is to not buy a vehicle if you don't need one. I don't recall vehicles ever being an investment savy purchase.
Pay higher on trade in and now paying more at dealership.
its a crock of Shet
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Originally posted by CaptainDave View PostSince new vehicles are scarce?
To be honest, sticker price isn't a good deal. However, used vehicles and trade-ins values are at all time highs.
We literally just traded in a 2017 Ford Escape (low miles) for $600 more than what we paid outright for the vehicle 3 years ago. We did pay "sticker" for the new vehicle that we ordered and waited on for almost 5 months.
The deal is, car dealerships have been ripping people off for decades. Afterall, they are the middle man and have to make money somehow in the equation. Back when new vehicles were plentiful and incentives to buy were high, trade-in values were terrible. In our situation, we probably received a good $5K more on trade-in than we would have with a similar vehicle a few years ago. Obviously, that nice little trade-in bump offset the "sticker" price of the new.
It's all a game. What used to be under "sticker" price was offset by a terrible used market value. Best bet is to not buy a vehicle if you don't need one. I don't recall vehicles ever being an investment savy purchase.
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Originally posted by gingib View PostWon't be as long as you think, with interest rates climbing!!!
BUT then again, Most people are stupid and will keep paying these prices.
Some people think they NEED a new vehicle, most are just wants
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Originally posted by Bucknaked View PostIt all depends on what you have to offer on a trade in! Last November I traded in my 2016 f350 on a stupid gmc 1500 at4 ( big mistake). I knew what I would take for my truck and would not take .01 less. The ( sticker on the new truck was $62k)! I had to do the walk out routine a half of dozen times but I got what I wanted for my truck and purchased the new truck for 57k and without all of the add ons- the add ons were there but I fought them every step of the way and didn’t give in. I can’t stand going to a dealership much less spending 3 hours there haggling but if that’s what it takes I’ll do it.
I woulda said I got a check for this much. Take it or leave it. Then walk out
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