I paid $5k over and still love the rig, most lots in houston didn’t have inventory or the ones they did have were without adaptive cruise or wireless charging etc. I got my Denali fully loaded with everything but start and stop. Such is life.
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That's exactly how I see it. These are not need vehicles these are want vehicles. Our 2011 suburban was a fantastic rig with no real issues ever but after nearly a decade of ownership we wanted something different. Nobody actually needs a $80k or more suv, there's plenty of them a couple years old with low miles for half the price that are perfectly fine for daily duties. You get the big money brand new one cause you want one. And for sure if you own a vehicle that's only a couple years old you do not NEED a new one but lots of folks love to keep up with the Joneses and a new denali is a great way to do thatI doubt that most people on this forum "need" a vehicle that bad. I see a lot of them trading in trucks 1-3 years old, some after only 6 months. Mine almost 12 years old, and while I may like a newer truck, I don't really need one.
This right here is why we’re considering trading in our 21 Denali. It’s also why new car prices are staying at MSRP or above. It’s all about the supply and demand, and the ”available right now” drives used car prices up.The only reason these people are trading so soon is the HIGHLY increased value of their present vehicle. If some one offered you more than you paid new after driving it for 2 years, wouldn’t you seriously consider it too?
Supplier pricing.So I have to ask........Those of you trading in almost new, low mileage trucks, how much are you actually spending to move into a new one? I can't imagine you can just walk into a dealer and trade your 1 or 2 year old truck and not pay a penny for a new one. What would be the point if the dealer can't make at least $10K? $10K BTW, which was a fair amount of money when the average cost of a vehicle was only $30K.
Just read that some expect used car prices to tank late next year......
I suppose. Dealers around here just laugh when you ask about that. They get the whole sales department to laugh if you mention employee pricing.....Supplier pricing.