I have a three year old truck with 30k miles on it. I was offered more money for it by a dealer than I paid for it new. I guess this is how build back broken Bidenomics works, huh?
Limited supply of vehicles and soaring home prices. Everybody wants a new truck.
Oh — and if I take that deal, the new truck probably won’t even be delivered to the dealer for another six months.
Saturday morning radio Give Me The VIN... Guy buys used cars. He too says prices are crazy expensive. Been that way since covid.
We traded in our 2003 minivan for a new car last July. Talk about timing!
Carvana offered me $348 more for my 2016 Silverado than what I paid for it five and a half years ago. And it has 58,000 miles on it. I would have grabbed it, but I need it for about three or four more months. Instead, I sold my almost seven year old Jeep Wrangler for $4900 less than I paid for it in February 2015.
The 2013 Jeep Grand Cherokee Laredo I bought used in 2016 w/32,000 miles on it for $21k has a local tradein value of just over $15k per KBB and it has over 108,000 miles on it.
Same exact vehicle on a dealers lot with 120,000+ miles on it is selling used for $18k.
Bidenomics!!
Color me shocked.
I just need my stock to keep going up to keep up.....
Steak up 24.6% <-— !!!
Gas: +58.1% since last year
Bacon: +21%
Eggs: +8%
Steak: +24.6%
Propane & Firewood: +34.3%
Furniture: 11.8%
Used Cars & Trucks: +31.4%
Coffee: +7.5%
Cigarettes: +9.4%
Hotels & Motels: +25.5%
Car & Truck Rentals: +37.2%
Bikes: +9.4%