Will Vehicle Prices Ever Decrease?

[Reburn]

I have to admit I didn’t look at it that way either until I watched this video.

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Good video thank you for sharing.

You want to be really blown away put that mindset of inflation stealing money to your 401k and savings. You will get pretty frustrated. That 100k you put away 2 years ago is only worth 92k today.

 

[woods89]

To a point.
What pickup owner ever wanted a multi folding tailgate that costs thousands to replace
or proximity sensors?
I know a lot of truck owners and I can't think of one who ever wanted that crap.

Hey now, I'm 5' 8'', and I'm kind of fond of my tailgate step on my F250.

This is a mixed bag for me. I certainly agree on the proximity sensors, but I will pay significant money for my backup camera and hands free phone connection. So maybe I'm part of the problem?

I traded an 03 F250 in on a 22 F250 a couple years ago, and I'm not interested in going back.

 

[CorbLand]

Then why do they buy it?

Most people I know that buy brand new do for two reasons.
1. Tax write off. Gotta have to spend the money, might as well spend it on something you get to keep.
2. Old people that are retired and have money to spend.

Businesses/business owners made more money than ever 2020-2022 and it’s still holding pretty strong.

One of the largest generations to exists is retiring. They are also the richest generation to exist.

 

[Reburn]

Most people I know that buy brand new do for two reasons.
1. Tax write off. Gotta have to spend the money, might as well spend it on something you get to keep.
2. Old people that are retired and have money to spend.

Businesses/business owners made more money than ever 2020-2022 and it’s still holding pretty strong.

One of the largest generations to exists is retiring. They are also the richest generation to exist.

I wish we could blame it on the boomers but that isnt realistic unfortunately.

U.S. population share by generation 2023 | Statista

In 2023, Millennials were the largest generation group in the United States, making up about 21.71 percent of the population.

www.statista.com