Forum Discussion

v10superduty's avatar
v10superduty
Explorer
Mar 27, 2014

Positive GM news?

About a week ago DOTG (figure it out )accused me of posting negative GM news as I sat in the rain in Florida.
He was wrong as it was not raining, (just early in the morning before sun was up) and I did not consider it as negative.

Here is a new story but is it positive? :@

I think its intended to be..:S

But I really didn't know these folks could see into the future to know exactly what a truck bought today will sell for in 5 years.
Wonder if they could pick some stocks for us..?

CHEVY - the cheapest truck?

Interesting figures nevertheless, and this is something that most folks never even think about as they buy their vehicles cause they like the _______ that it has.
Tow Vehicles
  • jujububbajr's avatar
    jujububbajr
    Explorer
    Mar 28, 2014
    I know here GM retains its valu better. One reason is , where I live, there aren't many used ones on lots. You can pick from many Ram 2500 and 3500. They're for sale everywhere. Ford is second, but not many GM. I'm talking about 3/4 and one ton. Do most people hold on to their GM longer?
  • fla-gypsy's avatar
    fla-gypsy
    Explorer
    Mar 28, 2014
    LOL, PFN (psychic friends network). I wouldn't spend any money on one either.
  • mich800's avatar
    mich800
    Explorer
    Mar 28, 2014
    Was this study commissioned by Dionne Warrick's psychic friends? I guess one way to look at it is because the new GM is basically the one from five years ago they have good data on it.
  • DutchmenSport's avatar
    DutchmenSport
    Explorer
    Mar 28, 2014
    All I know is, last Monday (March 24), we traded our 2005 Chevy Silverado 3500 dually diesel Duramax that we purchased in 2006 (2 years old). We financed just a little over $20,000. On trade Monday, the dealer gave a little over $16,500 for the truck.

    I don't know what the future has in store, but I do know what "history" has done!
  • Ron3rd's avatar
    Ron3rd
    Explorer III
    Mar 27, 2014
    Funny thing is, you can look at these reports from KBB, JD Power, and CR and they all will come back with a different winner. It all depends on what your statistical model is. I can believe that the 5.3 Silverado would cost less than my 5.7 Tundra over 5 years because the Silverado gets better gas mileage, and it should because it's a smaller motor. That savings in gas can really add up over the long haul.
  • travelnutz's avatar
    travelnutz
    Explorer II
    Mar 27, 2014
    GM truck owners and NADA plus KBB already knew this for a fact but it's nice to see it put together in black and white finally. Buy one or the other brands and pay out an additional $6 to 8 thousand hard earned dollars out of your pocket while owning it. All adds up to a no brainer as to WHAT to buy in the first place! It's like getting an after taxes withheld clear money pay raise!
  • MARK_VANDERBENT's avatar
    MARK_VANDERBENT
    Explorer
    Mar 27, 2014
    If older men buy GM trucks, this makes sense . Older wiser men know whats good in the long run. Best way to spend hard earned money.
  • Campfire_Time's avatar
    Campfire_Time
    Explorer
    Mar 27, 2014
    v10superduty wrote:


    I think its intended to be..:S

    But I really didn't know these folks could see into the future to know exactly what a truck bought today will sell for in 5 years.
    Wonder if they could pick some stocks for us..?



    Interesting figures nevertheless, and this is something that most folks never even think about as they buy their vehicles cause they like the _______ that it has.


    Marginally positive, I think.

    It is interesting though. And I've always wondered the same thing.

    Note that aside from the Titan the numbers are pretty close between trucks. Moreover I never factor the TCO or future value. Why? Because no matter what you do its a loss. Buy what you like and enjoy it. Besides, my TCO is much lower than most others because I never buy new and I drive them until they have almost no value left.

About Travel Trailer Group

44,029 PostsLatest Activity: Jan 28, 2025