I don't think it's a ZR2 specific thing. Truck sales have tanked. Interest rates are high, especially on used ones. MSRP is still high, But dealers everywhere are offering supplier pricing for everyone, plus a lower interest rate than a used one. But yeah it's crazy how fast it's dropping. It's went down 13k in 3 months. I watched it drop 5k almost over night, while I was shopping for a HD..
Exactly. Just couple of months back, it was around 60K
you are correct but thats because of economy and soft new truck market. once Biden out of office things should rebound. the cost of borrowing money is an issue too.
When I ordered my ZR2 late August September my trade in on my 21 was looking like in the 62k range when I checked earlier this week it’s about 57k now . Time of year loan rates lots of factors . Also there is vehicles back in stock on my lot where a few years ago was empty . The market looks like in my area is returning more to pre covid model .
I think it's a little worse than precovid. I can't remember ever having a truck lose 28% value in 1.5 years, lol. Luckily I traded mine a little while back before it dropped to what it is now. You would expect 10-15% in the first couple years. I felt kind of bad trading mine at -22% with only 20k miles on it. But I guess it's better then if I would have waited even a few more months.
There is never a forever rig
I get new every 1-2 years and will until I die.
I've kept my diesels 10 years. Other vehicles 4 to 6 years. Once I get them set up and spend another $6-10k on accessories and customizing, I'm not getting rid of them too soon.
Yup im the same except with my old dirty max wife wouldn't let me sell it. Already looking at trading it in for a Sierra Denali.There is never a forever rig
there may be flying cars by then.Yeap ... that's what I was thinking too. Let's hope people will be crazy about V8 in the world of electrification.
They've been saying that since the 60s. Technically Jetson is already selling them.
