It’s a Truck Buyers’ Market

Discussion in 'OT Driven' started by TriShield, Jul 22, 2008.

  1. TriShield

    TriShield Super Moderator® Super Moderator

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    That thud you just heard is the sound of the used truck market hitting rock bottom.

    [​IMG]

    By Frank Williams
    July 22, 2008

    It sucks to be a Chrysler brand franchisee right now. Trucks and SUVs are piling up on lots as dealers try to come up with ways to clear the inventory before the '09 models start rolling in. They have their work cut out for them.

    At the start of July, Chrysler/Dodge/Jeep dealers had a 160-day supply of Rams gathering dust. If that weren't bad enough, the stores have enough Nitros to last 143 days and enough Aspens to last a lifetime. I mean, 218 days. The Jeep Wranglers they couldn't keep on the lot just a year ago are now piled up 129 days deep. With an average of only 16 truck sales per Dodge franchise, 10 per Jeep franchise and four per Chrysler franchise in June, it may take them a while to dig their way out.

    But, as they say, misery loves company.

    Honda dealers are sitting on a 160-day supply of Ridgelines and Mitsubishi dealers are dealing with a 222-day supply of Endeavors. Nissan blows them all out of the water, though. If a 215-day supply of Xterras, a 229-day supply of Armadas and a 247-day supply of Pathfinders aren't enough, the "Lot Queen" crown goes to Titan: there's a four hundred eighty-nine (yes, 489) day supply of the Mississippi-made haulers sitting around. Blow-out clearance sales can't be far behind.
     
  2. MrRyan

    MrRyan Gary Johnson 2016 OT Supporter

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    I'm really tempted to trade my bimmer for a cheapo truck :o
     
  3. skez

    skez Large Member OT Supporter

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    damnit i want a wrangler :hs:
     
  4. Remington

    Remington OT Supporter

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    Nissan dealers are already having blowout sales...40% off msrp
     
  5. Jurrell

    Jurrell MINI & Nikon crew

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    I wouldn't mind buying a sweet ass pick up truck right now. But I have no where to put it. :wtc:
     
  6. Josey

    Josey New Member

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    Damn..I'd snatch up a Titan in a heartbeat.....noice
     
  7. Remington

    Remington OT Supporter

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    and the 50% off Dodge Rams has been going a while. Can get a FULLY loaded 1500...nav, leather etc for $18.9k
     
  8. skez

    skez Large Member OT Supporter

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    christ, almost makes it worth driving a shit truck
     
  9. SeaMack99

    SeaMack99 OT Supporter

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    i'd buy a truck if i actually used it haul shit :dunno:
     
  10. midnite

    midnite OT Supporter

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    so tempting to buy a truck :o
     
  11. GregFarz78

    GregFarz78 New Member

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    lol @ everyone that bought a truck in 06/07 :mamoru:
     
  12. BLoG

    BLoG Scented Meat

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    :rofl: the chickens are coming home to roost
     
  13. BLoG

    BLoG Scented Meat

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    anyone who buys a current Ram or F-150 will want to shoot themselves in the face in a couple months when the new ones are out :o
     
  14. Remington

    Remington OT Supporter

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    not rly
     
  15. skez

    skez Large Member OT Supporter

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    they're gonna be paying people to drive away in the leftover 08's
     
  16. tpliquid

    tpliquid Oh hi, My GF has been upgraded ^ OT Supporter

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    where the hell are these deals at? I cant find any in my area
     
  17. MyLord

    MyLord OT Supporter

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    F-150 just got a face lift. i like my 05 front better.
     
  18. ACURA TL-S

    ACURA TL-S OT Supporter

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    The funny thing is lets say a truck gets half the mileage of a car, at 12.5 instead of 25 (which is a stretch). And lets say gas costs $5 per gallon and you drive 12k miles per year. That means you would save $2400/yr driving the car. If you are getting 50% of a truck compared to a similarly priced car, you are going to be driving for 7-8 years before the car saves you any money. Then factor in that my numbers are a little on the high side and it would take 8-10 years for the average driver to save money.
     
  19. Zz_3.14_zZ

    Zz_3.14_zZ New Member

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    :werd: My mother in law was going to sell me her 91 f150 for $800 and I told her no just because I would never use it. :hsd:


    But If I could get a titan on the cheap, I would see if they would be willing to pay off my car.
     
  20. horus

    horus H.R. Paper Stacks OT Supporter

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    I've seen trucks on used car lots around here going for ridiculously low prices
     
  21. dpixel8

    dpixel8 New Member

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    im looking at newer grand cherokees. fucking prices are sick now, if you don't mind the gas and live fairly close to where you work/drive
     
  22. burn__

    burn__ New Member

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    soooo tempting
     
  23. dpixel8

    dpixel8 New Member

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    I love the American Knee Jerk Syndrome :rofl:
     
  24. camaudio

    camaudio TALL. WHITE. BAIT. OT Supporter

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    lol @ titan
     
  25. dpixel8

    dpixel8 New Member

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    go to a dealership and name your price
     

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