Forum Discussion
Thermoguy
Aug 29, 2021Explorer II
Dadoffourgirls wrote:fj12ryder wrote:
...Seems like now isn't the best time to buy a new truck and plan to make money when you sell it in a year or so. I always thought the idea was to buy low and sell high, not vice versa. :)
I have the opportunity to buy low. I do not think prices will drop in the next year.
Vehicle prices are at an all time high due to the chip shortage. People are selling used trucks for more than they paid for them 2-3 years ago. Unless this chip shortage lasts another year, all those new trucks sitting waiting for chips will flood the market and dealers will go back to dealing vs selling at 2nd sticker plus. Good luck with resale. Plan to take a hit, on this and the trailer.
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