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#1
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Car buying is never going back to normal
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#2
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The wait is 4 to 5 months to order a 2023 Chevrolet Silverado Pickup. they said they would appraise my trade when i ordered the truck and adjust the appraisal when the new truck arrives sounds like a problem to me.
Last edited by Ralph Spears; 01-05-2023 at 09:28 PM. |
#3
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That mindset is not just for buying new cars, its becoming the norm for many if the products we buy today. Impulse buying makes up for a lot of sales including new cars and I think this will hurt the economy dramatically.
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Rick Nelson Musclecar Restoration and Design, Inc (retired) www.musclecarrestorationanddesign.com https://www.youtube.com/watch?v=62r-6vgk2_8 specialized in (only real) LS6 Chevelle restorations |
#4
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There is definitely going to be a turning point. Whether that means a new selling structure and shutting down some more dealerships because they cannot survive their own overhead costs.
Buyers have to be smart about this and wait it out. I've always paid below MSRP when buying new. With the price of new cars going up and quality of materials getting worse along with smaller displacement engines being used I am sure manufacturers are still making their margins.
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Joe 1969 Camaro |
#5
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Ordered a 23 Ford F-250 Nov 1st. They told me 9 months. The price was ridiculous and I’m debating at this point to get it. Crazy times and I agree waiting may be the answer.
Finally, I think dealerships are doing OK as they’re making a ton of margins on what they do sell and in service which is ridiculously priced |
#6
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And, they have really hiked prices on parts.
My daughter broke the rear spoiler off her CR-V. I needed 5 little plastic clips from the Honda dealer. $245!!!!!!!!!
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Don't believe everything you read on the internet ... Ben Franklin |
The Following User Says Thank You to Lynn For This Useful Post: | ||
427 (01-12-2023) |
#7
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I agree Lynn. Thats beyond outragious
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#8
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This may be a norm these days but in my area if you pay cash for a vehicle the cost is $ 1,000.00 more than the agreed price. Seems as if you don’t finance they don’t want your business!
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Richard 1967 Camaro SS 396/375 4K 2002 Camaro 35 Anniversay Z4C-WU8 |
#9
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That is why I ALWAYS negotiate the contract price before I disclose payment.
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Rick Nelson Musclecar Restoration and Design, Inc (retired) www.musclecarrestorationanddesign.com https://www.youtube.com/watch?v=62r-6vgk2_8 specialized in (only real) LS6 Chevelle restorations |
#10
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Plenty of people are making $1000 plus a month car payments and financing
company’s are going 8 and as long as 10 years to finance a vehicle. The accountant in me says that isn’t something that can continue long term, especially when they can’t build a vehicle that doesn’t turns to rust before 5-7 years. |
The Following 2 Users Say Thank You to Vern B For This Useful Post: | ||
dustinm (01-06-2023), Too Many Projects (01-06-2023) |
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