Jacking truck prices up.

moose · Oct 13, 2011

I can almost care less.
when looking for a truck, i will choose one that have the best value for MY business.
when looking at A truck, i will build a business plan around it, and see if my expected business can support that investment.
if the salesman priced the truck too high, he just priced himself out of my market.
if the price is right for me, and the salesman made a profit along the way, good for him, i can care less.

*BTW, i recently looked at the BIG trucks used market, and can see a lot of 2008,9,10 over cooked tree hugs .
IMHO, most of those are unsold property's, and will endsup south of the border. no buyers. same goes to Intl's. drn nice truck, but the market knows better. those pre-SCR becomes worthless by the month.

greg334 · Oct 13, 2011

I have seen some real junk on the market, worn out trucks that should be scrapped because the dealer never collected a history or knows the condition of the truck. This may be a supply and demand thing with what Cheri said as the problem, demand for those to get into this business. What puzzles me is the way that lending has loosened up to the point that they can fund some of this junk.

davekc · Oct 13, 2011

I believe much of it is driven by new high priced junk. Nice looking trucks that have questionable reliability. I believe that is what is driving the used market.
When JD Powers states 67 of 100 new trucks are plagued with problems, that is going to drive the used pre-emissions market.

Rocketman · Oct 13, 2011

davekc said:
I believe much of it is driven by new high priced junk. Nice looking trucks that have questionable reliability. I believe that is what is driving the used market.
When JD Powers states 67 of 100 new trucks are plagued with problems, that is going to drive the used pre-emissions market.

Exactly.

As for what a fair price? Anything and everything is worth what you can get for it. I have seen it happen a few times where something was advertised at a reasonable price and got very little interest then the price was raised and the item sold almost immediately. I've seen my brother do it repeatedly in his farm machinery dealership. Nobody got cheated. He got his price plus some. The buyer apparently got what they wanted at the price they wanted it at.

I could never do it. I'm not that good...lol. But I have seen it happen many times. The free market is just that... get what you can and keep moving. If you pay more for something than you should have, it's nobody's fault but your own.