Will Vehicle Prices Ever Decrease?

[tdhanses]

Corbland...depends on what you are buying. Back in March an F450 was 9% with a CS of 775 and 20% down. I paid all cash instead. I did finance my 2024 Kubota SVL 75-3 track loader for 75K at 0% for 48 months. Yeah, that was nice.

You couldn’t get a lower rate than 9% from your personal bank? I would never finance through a dealer, they get kick backs from their lenders and your own personal bank will always be best unless you can get the 0% deals or ones close to that although mfg financing.

 

[Dos Perros]

I gave an example of unfettered capitalism which you stated you you'd hate to see which if applied to used vehicles would significantly drop their prices also.

I wonder what you believe is wrong or bad about that; why you'd hate to see that.

I disagree...but anyway....did you think I said that all unfettered capitalism is bad?

 

[tdhanses]

Or put that 100k into a high yield savings account and it's now worth 110k 2 years later.

Or if your 401k was invested in index funds that track the S&P500 it is now 127k.

Im pissed at the increase in my grocery bills and there is no way I'm buying a brand new truck but damn has the money I've been squirreling away for retirement done well.

If you had purchased 100k in T-Mobile stock in Jan 2022 and sold it recently you would have more then doubled your investment.

Could pay off the loan and still have your original cash still in hand.

 

[Bama67]

Before I bought my super duty in 2018, I almost bought a loaded Ram 3500 Laramie with the Cummins and upgraded Aisin trans, crew cab 4x4, loaded with almost everything. $51,000
Same truck now is close to $100,000 LOL

 

[WRO]

If you had purchased 100k in T-Mobile stock in Jan 2022 and sold it recently you would have more then doubled your investment.

Could pay off the loan and still have your original cash still in hand.

And If grandma had balls she’d be grandpa..


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[tdhanses]

And If grandma had balls she’d be grandpa..


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Well she might have them these days. But that stock was an easy one to see the growth opportunity in.

 

[Dos Perros]

Before I bought my super duty in 2018, I almost bought a loaded Ram 3500 Laramie with the Cummins and upgraded Aisin trans, crew cab 4x4, loaded with almost everything. $51,000
Same truck now is close to $100,000 LOL

Be sure to remind your wife you saved the family like $70k. That's big baller status.