'Like house of cards,' used trucks fall

Mike hunt wrote:

> > C. E. White wrote:
> >> 'Like house of cards,' used trucks fall
> >>
> >> Donna Harris and Arlena Sawyers
> >>
> >> Automotive News
> >>
> >> June 23, 2008 - 12:01 am ET
> >>
> >> Dealer Poncho Redfern sees big used trucks that were worth $20,000 just a
> >> few months ago valued today at $12,000. And he winces.

> Sound like a great time to buy a new or used full size truck for those that
> need full size trucks

I'm waiting until next week, when they'll sell for just $1 above the
cost of the fuel left in the tank.

Why? Do you need a truck in your business?

<beerspill@whoever.com> wrote in message
news:abaf4053-e795-4231-b2bd-627abf6a6a64@w34g2000prm..com...
>
>
> Mike hunt wrote:
>
>> > C. E. White wrote:
>> >> 'Like house of cards,' used trucks fall
>> >>
>> >> Donna Harris and Arlena Sawyers
>> >>
>> >> Automotive News
>> >>
>> >> June 23, 2008 - 12:01 am ET
>> >>
>> >> Dealer Poncho Redfern sees big used trucks that were worth $20,000
>> >> just a
>> >> few months ago valued today at $12,000. And he winces.
>
>> Sound like a great time to buy a new or used full size truck for those
>> that
>> need full size trucks
>
> I'm waiting until next week, when they'll sell for just $1 above the
> cost of the fuel left in the tank.
>
>
>
>

Sure, for those who need a good truck the price will continue to drop
and the deal gets sweeter. But with housing/construction/consumers in
the septic tank a lot LESS people are going to need trucks.

On Jun 23, 6:37 pm, "Mike hunt" <mikehun...@lycos.com> wrote:
> Sound like a great time to buy a new or used full size truck for those that
> need full size trucks

Wait another month and you'll have to pay to get the gas still in the
tank. The truck will be free.

On Jun 23, 7:54 pm, beersp...@whoever.com wrote:

> I'm waiting until next week, when they'll sell for just $1 above the
> cost of the fuel left in the tank.  

"Scott in Florida" <MoveOn@outa.here> wrote in message
newss9464tghoggu3bg88nkgp3g1ohc89h1ru@...
> On Tue, 24 Jun 2008 16:12:09 -0400, "Mike hunt" <mikehunt22@lycos.com>
> wrote:
>
>>Has it occurred to you what will happen to the price of midget and small
>>cars when the manufactures no longer have the profits from the big cars
>>and
>>trucks that have been supplementing the cost of making the midget and
>>small
>>cars? LOL
>
> My 92 Corolla Wagon will increase in value..

Maybe it is time to cash in.

Ed

Define a lot less? The F150 is still selling at a annual rate of more than
a half million and the end of the model year is not the time of year when
most truck buyers by trucks. Those that need trucks will continue to buy
the trucks they need in the fall

<johngdole@m> wrote in message
news:c0012f31-8355-42d7-b2ce-9ce26f6262ff@d19g2000prm..com...

Sure, for those who need a good truck the price will continue to drop
and the deal gets sweeter. But with housing/construction/consumers in
the septic tank a lot LESS people are going to need trucks.

On Jun 23, 6:37 pm, "Mike hunt" <mikehun...@lycos.com> wrote:
> Sound like a great time to buy a new or used full size truck for those
> that
> need full size trucks

On Wed, 25 Jun 2008 08:59:40 -0400, "C. E. White"
<cewhite3@> wrote:

>
>"Scott in Florida" <MoveOn@outa.here> wrote in message
>newss9464tghoggu3bg88nkgp3g1ohc89h1ru@.. .
>> On Tue, 24 Jun 2008 16:12:09 -0400, "Mike hunt" <mikehunt22@lycos.com>
>> wrote:
>>
>>>Has it occurred to you what will happen to the price of midget and small
>>>cars when the manufactures no longer have the profits from the big cars
>>>and
>>>trucks that have been supplementing the cost of making the midget and
>>>small
>>>cars? LOL
>>
>> My 92 Corolla Wagon will increase in value..
>
>Maybe it is time to cash in.
>
>Ed
>

When Toyota makes a Corolla wagon and I'm over 300K miles I may
consider it.....

--

Scott in Florida

Ya' right LOL

"SMS" <scharf.steven@geemail.com> wrote in message
news:35C8k.14621$Ri.613@flpi146.ffdc.sbc.com...
> Mike hunt wrote:
>> You don't know what you are talking about.
>
> As the links I provided prove, you are absolutely wrong about
> manufacturers never lowering the MSRP mid-model year. Read and learn.

PerfectReign <theperfectreignm> found these unused words:

>remember - a turn signal is a statement, not a request

In which Sears did you buy your license?

mikehunt22@lycos.com (Mike hunt)
Let me give you an example that disproves that it pays to buy used cars
If you can afford to buy new cars.   I have been buying a new V8
Mustang GT convertible every two years since 1999.   The only thing I
pay for is fuel and one state inspection, the dealer provides the three
oil changes required over two years, for free.
I owed a '99. '01, '03, '05, '07 and currently have an '09 for two
weeks, for which I paid a total of $5,000 to drive home.   The '07
cost me $3,900 to drive home.   The guy that bought my used '05 just
traded it on my '07 a few months after paying nearly $1,000 for tires,
and it cost him $6,000 to drive it home.   You do the math
------------------------

I like math..You keep saying the same thing over and over and over. But
you conviently leave out the fact that in the original mustang you
purchased in '99 cost you saaayy..? 23K? Now add that to the 5k and
3.9k and whatever else you paid for the others as you traded up(?).

Let's say in '99 when you laid out all that money I purchased a used '95
camry for 10k and put 1.5 k a year in repairs into it (I doubt I would
need that much) including tires. Now who's ahead..?