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Car and truck prices to fall #3589448
01/20/22 01:47 PM
01/20/22 01:47 PM
Joined: Jan 2005
Posts: 23,870
Clarksville, TN /Greenville, ...
bill Offline OP
Freak of Nature
bill  Offline OP
Freak of Nature
Joined: Jan 2005
Posts: 23,870
Clarksville, TN /Greenville, ...
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
Re: Car and truck prices to fall [Re: bill] #3589453
01/20/22 01:53 PM
01/20/22 01:53 PM
Joined: Dec 2013
Posts: 11,392
Prattville
D
Dkhargroves Offline
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Dkhargroves  Offline
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Joined: Dec 2013
Posts: 11,392
Prattville
How does/would he know this?


Originally Posted by Johntravis89
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??
Re: Car and truck prices to fall [Re: bill] #3589455
01/20/22 01:56 PM
01/20/22 01:56 PM
Joined: Jul 2006
Posts: 6,518
Sylacauga
CAL Offline
14 point
CAL  Offline
14 point
Joined: Jul 2006
Posts: 6,518
Sylacauga
I hope this is true.

Re: Car and truck prices to fall [Re: CAL] #3589457
01/20/22 01:59 PM
01/20/22 01:59 PM
Joined: Dec 2013
Posts: 11,392
Prattville
D
Dkhargroves Offline
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Prattville
Originally Posted by CAL
I hope this is true.

Me too, although I won't buy brand new, it should trickle down to the used market as well. Hopefully


Originally Posted by Johntravis89
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??
Re: Car and truck prices to fall [Re: bill] #3589460
01/20/22 02:05 PM
01/20/22 02:05 PM
Joined: Jun 2017
Posts: 1,015
Lawrence County
S
Slim1026 Offline
6 point
Slim1026  Offline
6 point
S
Joined: Jun 2017
Posts: 1,015
Lawrence County
Thanks, bill. I've been in the market, but I can wait.

Re: Car and truck prices to fall [Re: bill] #3589461
01/20/22 02:07 PM
01/20/22 02:07 PM
Joined: Jun 2015
Posts: 13,974
Some Marriott/Auburn
A
AU7MM08 Online content
Booner
AU7MM08  Online Content
Booner
A
Joined: Jun 2015
Posts: 13,974
Some Marriott/Auburn
Glad he thinks so, they might correct slightly but I don’t see a drop to pre Covid levels.

Re: Car and truck prices to fall [Re: bill] #3589462
01/20/22 02:08 PM
01/20/22 02:08 PM
Joined: Jun 2017
Posts: 1,015
Lawrence County
S
Slim1026 Offline
6 point
Slim1026  Offline
6 point
S
Joined: Jun 2017
Posts: 1,015
Lawrence County
BTW, guys. No dealer will ever say "don't buy a car from me now". Just sayin.

Re: Car and truck prices to fall [Re: bill] #3589463
01/20/22 02:08 PM
01/20/22 02:08 PM
Joined: Aug 2016
Posts: 3,239
IN
P
ParrotHead89 Offline
10 point
ParrotHead89  Offline
10 point
P
Joined: Aug 2016
Posts: 3,239
IN
If it is true all these people will be out to buy new and should be boat load of used ones to choose from.

Re: Car and truck prices to fall [Re: Dkhargroves] #3589464
01/20/22 02:08 PM
01/20/22 02:08 PM
Joined: Jan 2005
Posts: 23,870
Clarksville, TN /Greenville, ...
bill Offline OP
Freak of Nature
bill  Offline OP
Freak of Nature
Joined: Jan 2005
Posts: 23,870
Clarksville, TN /Greenville, ...
Originally Posted by Dkhargroves
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
Re: Car and truck prices to fall [Re: Dkhargroves] #3589465
01/20/22 02:09 PM
01/20/22 02:09 PM
Joined: Oct 2013
Posts: 3,229
Semmes, AL
HippieKiller Offline
10 point
HippieKiller  Offline
10 point
Joined: Oct 2013
Posts: 3,229
Semmes, AL
Originally Posted by Dkhargroves
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
Re: Car and truck prices to fall [Re: Slim1026] #3589468
01/20/22 02:13 PM
01/20/22 02:13 PM
Joined: Jan 2005
Posts: 23,870
Clarksville, TN /Greenville, ...
bill Offline OP
Freak of Nature
bill  Offline OP
Freak of Nature
Joined: Jan 2005
Posts: 23,870
Clarksville, TN /Greenville, ...
Originally Posted by Slim1026
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
Re: Car and truck prices to fall [Re: bill] #3589469
01/20/22 02:13 PM
01/20/22 02:13 PM
Joined: Dec 2013
Posts: 11,392
Prattville
D
Dkhargroves Offline
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Prattville
Thanks for the info


Originally Posted by Johntravis89
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??
Re: Car and truck prices to fall [Re: Slim1026] #3589476
01/20/22 02:26 PM
01/20/22 02:26 PM
Joined: Jun 2013
Posts: 52,010
Gee's Bend/At The Hog Pen
James Offline
Freak of Nature
James  Offline
Freak of Nature
Joined: Jun 2013
Posts: 52,010
Gee's Bend/At The Hog Pen
Originally Posted by Slim1026
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? 😄


How many people am i willing to sacrifice for freedom?
Everyone. All of them...

Do not regret growing older, it's a privilege denied to many!

Re: Car and truck prices to fall [Re: AU7MM08] #3589477
01/20/22 02:28 PM
01/20/22 02:28 PM
Joined: Jun 2013
Posts: 52,010
Gee's Bend/At The Hog Pen
James Offline
Freak of Nature
James  Offline
Freak of Nature
Joined: Jun 2013
Posts: 52,010
Gee's Bend/At The Hog Pen
Originally Posted by AU7MM08
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


How many people am i willing to sacrifice for freedom?
Everyone. All of them...

Do not regret growing older, it's a privilege denied to many!

Re: Car and truck prices to fall [Re: AU7MM08] #3589483
01/20/22 02:36 PM
01/20/22 02:36 PM
Joined: Jan 2005
Posts: 23,870
Clarksville, TN /Greenville, ...
bill Offline OP
Freak of Nature
bill  Offline OP
Freak of Nature
Joined: Jan 2005
Posts: 23,870
Clarksville, TN /Greenville, ...
Originally Posted by AU7MM08
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
Re: Car and truck prices to fall [Re: bill] #3589490
01/20/22 02:43 PM
01/20/22 02:43 PM
Joined: Nov 2014
Posts: 13,017
Montgomery, Alabama
jaredhunts Online content
Puts sugar in his cornbread!
jaredhunts  Online Content
Puts sugar in his cornbread!
Joined: Nov 2014
Posts: 13,017
Montgomery, Alabama
I’m not gonna hold my breathe.


It be's that way sometimes.

www.sunpoolcompany.com
Re: Car and truck prices to fall [Re: jaredhunts] #3589491
01/20/22 02:45 PM
01/20/22 02:45 PM
Joined: Dec 2019
Posts: 842
leeds,al
bojo Offline
6 point
bojo  Offline
6 point
Joined: Dec 2019
Posts: 842
leeds,al
Originally Posted by jaredhunts
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."
Re: Car and truck prices to fall [Re: bill] #3589493
01/20/22 02:47 PM
01/20/22 02:47 PM
Joined: Nov 2008
Posts: 10,273
Alabama
W
whack-n-stack Offline
Booner
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Joined: Nov 2008
Posts: 10,273
Alabama
I imagine if there’s an overstock of 2021 vehicles waiting on computer chips or whatever it is, they will be in a hurry to sell them to make room for 2022 inventory

Re: Car and truck prices to fall [Re: bill] #3589494
01/20/22 02:49 PM
01/20/22 02:49 PM
Joined: Nov 2005
Posts: 3,809
Jasper
B
buckhunter2 Offline
10 point
buckhunter2  Offline
10 point
B
Joined: Nov 2005
Posts: 3,809
Jasper
Inventory sure hasn’t caught up on the new lots in Jasper yet.


You're only as good as your worst shot-
Re: Car and truck prices to fall [Re: bill] #3589497
01/20/22 02:54 PM
01/20/22 02:54 PM
Joined: Aug 2018
Posts: 5,121
Georgia and Missouri
Semo Online content
12 point
Semo  Online Content
12 point
Joined: Aug 2018
Posts: 5,121
Georgia and Missouri
your lips to gods ears

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