2022 order cutoff to 2023 order-to-availability

[SCUCREW08]

Gotcha. I'd keep your order in the queue (you don't need to accept it if it gets produced and i'm sure the dealer would be happy to sell it). Depending on your options, I think its unlikely that you'll be getting a '22, if you are pretty bare bones... you have a chance, albit still small for this model year.

 

[firsttimetahoe]

I just placed my order last week, no I'm wondering if I should have waited a month or so. I don't want to get a 2022 right when the 2023's come out. I'd much rather have the newer model.

You’d have to wait until the fall earliest if you want a 2023.

And do we even know what the differences will be?

 

[StephenPT]

Given that there are spy shots circulating around, it looks like there will be a mid-cycle refresh in 2024. Based on that, I don't expect there to be any changes for '23. Hopefully software continues to stabilize and production/part quality continues to go up as the suppliers continue to increase their production capabilities.

 

[Polo08816]

Given that there are spy shots circulating around, it looks like there will be a mid-cycle refresh in 2024. Based on that, I don't expect there to be any changes for '23. Hopefully software continues to stabilize and production/part quality continues to go up as the suppliers continue to increase their production capabilities.

I think it would be worth waiting for the the 2024 model especially if SuperCruise is available.

You would think that the supply situation should start improving by then as well across the entire sector. Aren't some chip fabs supposed to come online in 2024?

 

[firsttimetahoe]

I think it would be worth waiting for the the 2024 model especially if SuperCruise is available.

You would think that the supply situation should start improving by then as well across the entire sector. Aren't some chip fabs supposed to come online in 2024?

And when 2024 rolls around the 2026 may have another must have feature that's missing in 24s..... so may as well wait for that too

 

[Buffalown]

And when 2024 rolls around the 2026 may have another must have feature that's missing in 24s..... so may as well wait for that too

My thoughts exactly, there will always be some new feature or refresh or redesign. Prices and interest rates will also be higher in 23 and 24. Just my opinion and I know everyone's situation is different but life is too short to keep waiting for the next best thing.

 

[firsttimetahoe]

My thoughts exactly, there will always be some new feature or refresh or redesign. Prices and interest rates will also be higher in 23 and 24. Just my opinion and I know everyone's situation is different but life is too short to keep waiting for the next best thing.

Yep. These car's will only increase in price over time. They are becoming more in the class of a luxury vehicle than anything else. Sure they'll always be in a seperate class from the Escalade, like Ford Expedition will do with the Navigator, and won't reach that type of price tag. But as technology and the features improve over time, the cost of these vehicles will never start to go down or even remain the same. Even when the new Sequioa rolls out (top trim starts at over $70k btw) I don't see more competition driving down prices. And look at where Jeep priced the Wagoneer...

 

[Polo08816]

And when 2024 rolls around the 2026 may have another must have feature that's missing in 24s..... so may as well wait for that too

My thoughts exactly, there will always be some new feature or refresh or redesign. Prices and interest rates will also be higher in 23 and 24. Just my opinion and I know everyone's situation is different but life is too short to keep waiting for the next best thing.

I don't see it being particularly advantageous to buy right now in the worst market for a consumer if don't absolutely need it. So not only are you waiting out for better features, but your waiting out for a more opportune time as a buyer.

Yep. These car's will only increase in price over time. They are becoming more in the class of a luxury vehicle than anything else. Sure they'll always be in a seperate class from the Escalade, like Ford Expedition will do with the Navigator, and won't reach that type of price tag. But as technology and the features improve over time, the cost of these vehicles will never start to go down or even remain the same. Even when the new Sequioa rolls out (top trim starts at over $70k btw) I don't see more competition driving down prices. And look at where Jeep priced the Wagoneer...

Perhaps, but if real incomes don't increase with inflation and are decreasing, the market for these vehicles will get smaller and smaller. I see the supply situation improving in the next 2-3 years and I don't see pricing relative to real incomes increasing that much more. Obviously everyone's betting on something.

 

[firsttimetahoe]

I don't see it being particularly advantageous to buy right now in the worst market for a consumer if don't absolutely need it. So not only are you waiting out for better features, but your waiting out for a more opportune time as a buyer.

Perhaps, but if real incomes don't increase with inflation and are decreasing, the market for these vehicles will get smaller and smaller. I see the supply situation improving in the next 2-3 years and I don't see pricing relative to real incomes increasing that much more. Obviously everyone's betting on something.

2 years from now, buying a few thousand below MSRP may be the same price tag as buying at MSRP today. If you're always worried about missing out for new futures, you should be leasing and not buying where you can reset every 3 years.

And considering every dealer by me (except 1) within a 3 our drive radius is selling Tahoes, Yukons and Suburban's over MSRP and not a single one of those dealers has any inventory every... pretty much the only way I'd be able to get my hands on without custom ordering is if a deal fell through and I had to like the car that was available.i don't think income or inflation is relative to this segment of the car market.

 

[Polo08816]

2 years from now, buying a few thousand below MSRP may be the same price tag as buying at MSRP today. If you're always worried about missing out for new futures, you should be leasing and not buying where you can reset every 3 years.

And considering every dealer by me (except 1) within a 3 our drive radius is selling Tahoes, Yukons and Suburban's over MSRP and not a single one of those dealers has any inventory every... pretty much the only way I'd be able to get my hands on without custom ordering is if a deal fell through and I had to like the car that was available.i don't think income or inflation is relative to this segment of the car market.

I'm not worried about missing out on features in a sense that I always need the newest features. I'm worried about missing out on features because I tend to keep my vehicles for 8-10+ years. So if there's a mid cycle refresh or enhancement that significant improves the electronics in a car, I'd wait for that because it might be another 3-4 years before another refresh. If I bought the pre mid cycle refresh, that vehicle would spend 1/3 of its usable life with an older interior/electronics. For someone who will tend to keep their vehicles the same way that I do, a year or two after a mid cycle refresh tends to be the optimal timing.

So the elephant in the room is what is the average individual or annual income of the typical Tahoe/Yukon/Suburban buyer?

I would imagine it the average family income has to be at least $400k/year in a rural or suburban area and probably another $100-200k on top of that for an urban area. Individual income is probably 225+k/year to be able to afford these vehicles.