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Iso
by AustinC. 05/21/24 05:01 PM
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Car and truck prices to fall
#3589448
01/20/22 01:47 PM
01/20/22 01:47 PM
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Joined: Jan 2005
Posts: 23,971 Clarksville, TN /Greenville, ...
bill
OP
Freak of Nature
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OP
Freak of Nature
Joined: Jan 2005
Posts: 23,971
Clarksville, TN /Greenville, ...
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I talked to a car dealer that I know well last night. He owned several dealerships and just sold out to a big Midwestern outfit. He said within 6 months the bottom is going to fall out and we will be in the best buyers market in a long time. He said they just started discounting cars and trucks at his dealerships last week for the first time in over a year and that inventory is starting to come back. I have been looking to buy but he said if I would wait it would be worth it. Just passing it along for those who are thinking about buying.
Last edited by bill; 01/20/22 01:47 PM.
"Political debate: when charlatans come together to discuss their principles" - Bauvard
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Re: Car and truck prices to fall
[Re: bill]
#3589453
01/20/22 01:53 PM
01/20/22 01:53 PM
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Joined: Dec 2013
Posts: 11,392 Prattville
Dkhargroves
Booner
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Booner
Joined: Dec 2013
Posts: 11,392
Prattville
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How does/would he know this?
There is 2 different high fence. 1 small and one big! Mine was free range in the big pen and was not a breeder buck. Why does it have to be twisted around??
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Re: Car and truck prices to fall
[Re: bill]
#3589455
01/20/22 01:56 PM
01/20/22 01:56 PM
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Joined: Jul 2006
Posts: 6,587 Sylacauga
CAL
14 point
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14 point
Joined: Jul 2006
Posts: 6,587
Sylacauga
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Re: Car and truck prices to fall
[Re: CAL]
#3589457
01/20/22 01:59 PM
01/20/22 01:59 PM
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Joined: Dec 2013
Posts: 11,392 Prattville
Dkhargroves
Booner
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Booner
Joined: Dec 2013
Posts: 11,392
Prattville
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Me too, although I won't buy brand new, it should trickle down to the used market as well. Hopefully
There is 2 different high fence. 1 small and one big! Mine was free range in the big pen and was not a breeder buck. Why does it have to be twisted around??
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Re: Car and truck prices to fall
[Re: Dkhargroves]
#3589464
01/20/22 02:08 PM
01/20/22 02:08 PM
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Joined: Jan 2005
Posts: 23,971 Clarksville, TN /Greenville, ...
bill
OP
Freak of Nature
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OP
Freak of Nature
Joined: Jan 2005
Posts: 23,971
Clarksville, TN /Greenville, ...
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How does/would he know this? He is a dealer and has to do projections based on future market analysis and his family has been in the business for 80 years. He said the chip shortage is about over and that dealerships will be forced to compete for business again because they will be absolutely flooded with inventory. He was talking new and used.
"Political debate: when charlatans come together to discuss their principles" - Bauvard
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Re: Car and truck prices to fall
[Re: Dkhargroves]
#3589465
01/20/22 02:09 PM
01/20/22 02:09 PM
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Joined: Oct 2013
Posts: 3,233 Semmes, AL
HippieKiller
10 point
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10 point
Joined: Oct 2013
Posts: 3,233
Semmes, AL
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How does/would he know this? It stands to good reason. Massive inventory stockpiles that were only awaiting some chips to complete... they'll need to move them ASAP as completed. Demand staying same (or dropping due to economy) while supply increases. ECON 101.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." - Thomas Jefferson
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Re: Car and truck prices to fall
[Re: Slim1026]
#3589468
01/20/22 02:13 PM
01/20/22 02:13 PM
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Joined: Jan 2005
Posts: 23,971 Clarksville, TN /Greenville, ...
bill
OP
Freak of Nature
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OP
Freak of Nature
Joined: Jan 2005
Posts: 23,971
Clarksville, TN /Greenville, ...
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BTW, guys. No dealer will ever say "don't buy a car from me now". Just sayin. He sold out. He's also someone I play cards with every week and I was never buying the brands he was selling. It was a casual conversation.
"Political debate: when charlatans come together to discuss their principles" - Bauvard
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Re: Car and truck prices to fall
[Re: Slim1026]
#3589476
01/20/22 02:26 PM
01/20/22 02:26 PM
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Joined: Jun 2013
Posts: 52,532 Gee's Bend/At The Hog Pen
James
Freak of Nature
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Freak of Nature
Joined: Jun 2013
Posts: 52,532
Gee's Bend/At The Hog Pen
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BTW, guys. No dealer will ever say "don't buy a car from me now". Just sayin. Have a friend that said He wouldn't buy a vehicle from him right now. Does that count? 😄
Do not regret growing older, it's a privilege denied to many!
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Re: Car and truck prices to fall
[Re: AU7MM08]
#3589477
01/20/22 02:28 PM
01/20/22 02:28 PM
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Joined: Jun 2013
Posts: 52,532 Gee's Bend/At The Hog Pen
James
Freak of Nature
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Freak of Nature
Joined: Jun 2013
Posts: 52,532
Gee's Bend/At The Hog Pen
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Glad he thinks so, they might correct slightly but I don’t see a drop to pre Covid levels. It ain't. Too many folks willing to pay the higher than Giraffe Cooter prices now
Do not regret growing older, it's a privilege denied to many!
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Re: Car and truck prices to fall
[Re: AU7MM08]
#3589483
01/20/22 02:36 PM
01/20/22 02:36 PM
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Joined: Jan 2005
Posts: 23,971 Clarksville, TN /Greenville, ...
bill
OP
Freak of Nature
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OP
Freak of Nature
Joined: Jan 2005
Posts: 23,971
Clarksville, TN /Greenville, ...
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Glad he thinks so, they might correct slightly but I don’t see a drop to pre Covid levels. I'll pass that along to him. He could probably use another expert in the industry he has made millions in if he buys another dealership.
"Political debate: when charlatans come together to discuss their principles" - Bauvard
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Re: Car and truck prices to fall
[Re: jaredhunts]
#3589491
01/20/22 02:45 PM
01/20/22 02:45 PM
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Joined: Dec 2019
Posts: 842 leeds,al
bojo
6 point
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6 point
Joined: Dec 2019
Posts: 842
leeds,al
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I’m not gonna hold my breathe. I feel the same but hope it comes thru. I'm in the market now but will hold off longer now.
"Life is 10 percent what happens to you and 90 percent how you react to it."
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Re: Car and truck prices to fall
[Re: bill]
#3589494
01/20/22 02:49 PM
01/20/22 02:49 PM
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Joined: Nov 2005
Posts: 3,853 Jasper
buckhunter2
10 point
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10 point
Joined: Nov 2005
Posts: 3,853
Jasper
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Inventory sure hasn’t caught up on the new lots in Jasper yet.
You're only as good as your worst shot-
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