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Thread: What recession??

  1. #11
    Senior Member M&K's Retrievers's Avatar
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    My 2001 F-250 Diesel with 274,000 miles looks better every day. My goal is 500,000.
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  2. #12
    Senior Member BrianW's Avatar
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    I hear radio ads daily for local WA Chevy dealers offering 1/2 ton Silverados at 0% for 6 years!?!
    And the best your PA guy can do is in the 8's?
    There's got to be some compromise somewhere, if PBO & the rep's can do it!
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  3. #13
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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.
    not to mention the fact that the banks are getting their money virtually free from the Fed now. Amazing.

  4. #14
    Senior Member Buzz's Avatar
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    My truck had a $40k sticker in it. I bought it for $27k. But gas prices were $4/gallon then and NOBODY wanted a truck then. The dealer confided that they were making money on it, which tells you something...
    "For everyone to whom much is given, of him shall much be required." -- Luke 12:48

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  5. #15
    Senior Member RedlegHunter's Avatar
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    I got my 08' 2500HD Crew Cab 4x4 for 30K out the door. Sticker was 48K, but that was when gas was high and diesel was higher. Still I needed the truck as my 150K 98' Yukon had hung me out to dry causing me to miss a duck hunt and we weren't having anymore of that!
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  6. #16
    Senior Member JJaxon's Avatar
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    You need to support the GM machine and their efforts to strengthen the mexican economy; http://www.industryweek.com/articles...ico_22462.aspx
    Maybe they can attract non-hispanic workers to move south for less wage than they used to make here?

  7. #17
    Senior Member Jason Glavich's Avatar
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    Ford has 0% financing, and a lot of rebates, Got a good deal on my 2010 f150 FX4 loaded with every option, Took their ford financing rebate which comes with an extra rebate as well and had my bank buyout the loan the following week for a lower rate, I did not qualify for the 0% though. I don't know many people who do.
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  8. #18
    Senior Member sandyg's Avatar
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    Quote Originally Posted by dnf777 View Post
    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!??
    LOL! This from a guy in a profession that when I see his counterpart charges me $116 for at most ten minutes of his time!

  9. #19
    Senior Member dnf777's Avatar
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    Quote Originally Posted by sandyg View Post
    LOL! This from a guy in a profession that when I see his counterpart charges me $116 for at most ten minutes of his time!
    Getting your head examined again?
    God Bless PFC Jamie Harkness. The US Army's newest PFC, but still our neighbor's little girl!

  10. #20
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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.
    At those prices GM wants to recover quickly

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