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Thread: What recession??

  1. #1
    Senior Member dnf777's Avatar
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    Default What recession??

    Duck and I joked about buying new trucks recently.
    My current lease is up soon, and I went to price an upgrade.

    Has anyone looked at new truck prices lately????
    You'd think it was prosperous times.

    A 2500HD with a mid-level trim package (LT)....mid to upper 40s!!
    When I asked about a lease, the best they could come up with was 39 months at $819/mo!!!!!!

    Oh well, looks like I'm buying out my old truck, and will be only somewhat happy about it. I told Chevy where they can park theirs.

    Am I just stingy, or are those prices ri-f*$%ing-diculous!??
    God Bless PFC Jamie Harkness. The US Army's newest PFC, but still our neighbor's little girl!

  2. #2
    Senior Member BonMallari's Avatar
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    Go look at the cost of a new Toyota...better yet go look at the price of a used Toyota...either a Tundra or a Tacoma...the prices will make you ill...guess I will try and squeeze another 50k out of my 96 suburban
    All my Exes live in Texas

    Quote Originally Posted by lanse brown View Post
    A few things that I learned still ring true. "Lanse when you get a gift, say thank you and walk away. When you get a screwing walk away. You are going to get a lot more screwings than gifts"

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    Senior Member dnf777's Avatar
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    This is unbelievable! I'm sitting in the dealer, almost willing to shell out a ridiculous price for a new truck, and the best they can incentivize is 5.5%!

    So I call my bank, and the loan officer (a personal friend) said the dealers have the best rates available, and could only quote a 6% finance!

    You would think that with banks sitting on record amounts of capital, and GM wanting to recover, there would be some incentives out there? The attitude was pretty much, yeah we're expensive, take it or leave it.

    I can't figure this economy out. To hell with it. My GMC only has 38k on it, the radio is broken, but is by far the most reasonable offer out there. The banks can sit on their money, so can GM......SO CAN I.
    God Bless PFC Jamie Harkness. The US Army's newest PFC, but still our neighbor's little girl!

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    Quote Originally Posted by dnf777 View Post
    Has anyone looked at new truck prices lately????
    Nope, I'm not a doctor. Just a poor blue collar worker here... Personally, I think you should have seen what kind of deal they could offer you for cash. Maybe a buy one, get one half off sale...

    94 toyota pickup regards...

  5. #5
    Senior Member dnf777's Avatar
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    Quote Originally Posted by ducknwork View Post
    Nope, I'm not a doctor. Just a poor blue collar worker here... Personally, I think you should have seen what kind of deal they could offer you for cash. Maybe a buy one, get one half off sale...

    94 toyota pickup regards...
    Hey, I'm the only guy in town who still knows what window cranks are! I only wish I had a shiny new cowboy cadillac like the ones outside the Joy plant!

    I told you the story about our PA, who helped a neighbor make a mortgage payment to avoid forclosure......only to find a shiny new F150 in their driveway the next month!

    And hey, your 94 Yota will still be running long after the new GMCs are on the scrap heap!
    God Bless PFC Jamie Harkness. The US Army's newest PFC, but still our neighbor's little girl!

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    Quote Originally Posted by dnf777 View Post
    This is unbelievable! I'm sitting in the dealer, almost willing to shell out a ridiculous price for a new truck, and the best they can incentivize is 5.5%!

    So I call my bank, and the loan officer (a personal friend) said the dealers have the best rates available, and could only quote a 6% finance!

    You would think that with banks sitting on record amounts of capital, and GM wanting to recover, there would be some incentives out there? The attitude was pretty much, yeah we're expensive, take it or leave it.

    I can't figure this economy out. To hell with it. My GMC only has 38k on it, the radio is broken, but is by far the most reasonable offer out there. The banks can sit on their money, so can GM......SO CAN I.
    Welcome to the deflationary economy Dont you realize that everything is getting cheaper due to the constriction of the money supply? I looked at a 250 ford King Ranch- $60,000. Passed it up. Looking forward to this deflationary economy Just wait - things are getting cheaper. Heard it from the horse's mouthll-someone on this forum. HAVE a nice day

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    Senior Member Franco's Avatar
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    Best way to buy any new vehicle;

    go to edmunds.com

    Build the vehicle you want with the motor you want, trim level etc.

    They will give you the exact cost to the dealer including shipping to the dealer.

    On a bigger truck, allow the dealer to make $500. to $1,000. over the actual cost to them. Domestic dealers will also get a 3% quarterly from the MFG for eevry unit they sell so, the dealer just wants to roll iron slightly above thier cost.

    Make sure that the window sticker(Maroni lable-Sen Maroni pasted the Fed Law making mfg's put a price on the window)) price's MSRP matches the vehicle you want so that you can compare apples to apples.

    Where the dealer gets the best of you is on your trade in.

    If they show you an invoice, it is not a real invoice. Just trust edmonds to give you the right number. The invoice a dealership is willing to show is what the dealership's management company charges the dealership for the unit. It is packed with additional cost like; office help, advertising etc. Again, trust edmunds to have it correct!

    Then, research your area to see what the special mfg. rebates are and deduct from the edmunds price.

    All vehicles are overpriced, afterall we have to support the UAW!

    The dealer will tell you that the price on edmunds is not correct, reality is they are not being honest about that.
    Last edited by Franco; 12-08-2010 at 04:56 PM.
    It's time we abandon our party affiliations and rather than being good Dems or good Repubs we all become good Americans. MJH345

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    my boss just bought a Honda element and honda gave him 1.8% To bad honda doesn't have trucks

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    Senior Member luvmylabs23139's Avatar
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    Quote Originally Posted by dnf777 View Post
    When I asked about a lease, the best they could come up with was 39 months at $819/mo!!!!!!


    Am I just stingy, or are those prices ri-f*$%ing-diculous!??
    That is crazy. My mortgage is only $90 a month more than that.
    That is principle and interest, we don't have an escrow account.
    Hihope Hiland Heathen of Perth CD, RE, CGC, TDI

  10. #10
    Senior Member dnf777's Avatar
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    Quote Originally Posted by luvmylabs23139 View Post
    That is crazy. My mortgage is only $90 a month more than that.
    That is principle and interest, we don't have an escrow account.
    that's how I looked at it. I don't have any idea if they're selling any at that price, but it won't be to me. I have to watch what I say (type). I already dropped an f-bomb on the dealer when he showed me that offer. Judging by the look on his face, I could tell he agreed.
    God Bless PFC Jamie Harkness. The US Army's newest PFC, but still our neighbor's little girl!

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