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SVTPerformance's Chain of Restaurants
Road Side Pub
Used Vehicle Insights
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<blockquote data-quote="Corbic" data-source="post: 16732569" data-attributes="member: 171475"><p>This isn't much of a bubble.</p><p></p><p>Vehicle production over the last three years is at an all time low. That lack of inventory is going to reverberate for years as it transitions into the 3yr old, 5yr old and 7yr old used car segments.</p><p></p><p>Inflation has happened and your not getting that genie back into the bottle. Combine that with ludicrous MSRPs.</p><p></p><p>I paid $14k for my 2005 2500HD last summer. Insane Covid price, truck was a $8k rig back in 2018. MSRP New was $31k - $44,000 adjusted for 2022 Inflation.</p><p></p><p>Compare that to a new 2500HD at $55k + Mark Up or 6 month wait...</p><p></p><p>$14k isn't so bad, is it...</p><p></p><p></p><p>[ATTACH=full]1738392[/ATTACH]</p></blockquote><p></p>
[QUOTE="Corbic, post: 16732569, member: 171475"] This isn't much of a bubble. Vehicle production over the last three years is at an all time low. That lack of inventory is going to reverberate for years as it transitions into the 3yr old, 5yr old and 7yr old used car segments. Inflation has happened and your not getting that genie back into the bottle. Combine that with ludicrous MSRPs. I paid $14k for my 2005 2500HD last summer. Insane Covid price, truck was a $8k rig back in 2018. MSRP New was $31k - $44,000 adjusted for 2022 Inflation. Compare that to a new 2500HD at $55k + Mark Up or 6 month wait... $14k isn't so bad, is it... [ATTACH type="full" alt="PXL_20220115_231357070_copy_2040x1536.jpg"]1738392[/ATTACH] [/QUOTE]
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SVTPerformance's Chain of Restaurants
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