Do we have a pickup glut already?

valhalla360 wrote:

Groover wrote:

opnspaces wrote:
^^ I second this and add I always buy used over paying the inflated prices for brand new.

I mostly buy new because the used trucks that I have found generally either cost as much as a new one or have been totally ragged out. I suspect that most people trading for a new vehicle focus on how much the dealer is giving them for the used one are oblivious to the fact that they are paying way too much for the new vehicle. Then they honestly believe that their used truck is actually worth what the dealer was offering.

Some years ago I special ordered a loaded F250 and about 5 years later I saw someone advertising essentially the same truck, including year model, and he was asking more than I had paid for mine new.

If you are buying 1-2yr old trucks, the financials gets questionable at times.

You have to do some looking when buying used but the last 3 - 3/4 tons have been used around 10yrs old. No significant mechanical problems. Bought each at around 10yrs old and got 5-7yrs before selling fully functional but looking a bit scruffy (Michigan salt roads are hard on the truck bodies).

Current 2008 was bought for $10k. The sticker in the glove compartment says MSRP was north of $50k. I can do a lot of repairs for $40k (or $30k if you claim it was originally sold at significant discount)...and so far nothing other than normal maintenance (oil change, tires, brakes, type stuff).

Really hard to justify buying new.

I’m with ya 100%. Just bought a 24 year old SUV for another beater commuter mobile.
$3500, with only 90k miles and looks like most 5 year old soccer mobiles. Light wear. Had been cared for pretty well. Runs like new. I like free transportation!
But WE want everyone else to buy more new vehicles so there’s a better selection for US!

I think everyone should go buy a new diesel pickup! Lol.