1. Welcome to Oklahoma Shooters Association! Join today, registration is easy!

    You can register using your Google, Facebook, or Twitter account, just click here.
  2. All members receive 3 free listings a month. Get unlimited listings for just $10 a year! Click here for all the info.

Never seen it happen before

Discussion in 'Gearheads' started by BReeves, Apr 2, 2021.

  1. BReeves

    BReeves Sharpshooter

    Supporter
    Messages:
    2,505
    Likes Received:
    1,162
    Joined:
    Feb 18, 2010
    Location:
    Catoosa
    Rating
    100%
    Looked up the BB on my 2010 Chevy PU and it has actually increased in value from when I bought it a year ago. What prompted me was the guys talking on a Chevy forum about truck prices going crazy. Never had a used vehicle increase in value during the time I owned it. Crazy world...
     
    Hodrod, BobbyV, swampratt and 3 others like this.
  2. Oklahomabassin

    Oklahomabassin Sharpshooter

    Messages:
    20,023
    Likes Received:
    8,194
    Joined:
    Mar 27, 2007
    Location:
    America!
    Rating
    100%
    Inflation
     
    Hodrod, tRidiot and GlockPride like this.
  3. rickm

    rickm Sharpshooter

    Messages:
    1,319
    Likes Received:
    716
    Joined:
    Aug 14, 2012
    Location:
    Durant
    Rating
    100%
    The only time i ever made money on a used vehicle was when my little GMC S-15 got hit on the LF fender and bumper and the insurance company totaled it and gave me double what i paid for it cause i said i wanted to keep the truck cause it was still drivable just had a hair lip on the bumper, and still own it to this day and that was 8 years ago.
     
    Hodrod and swampratt like this.
  4. MR.T.

    MR.T. Sharpshooter

    Messages:
    1,312
    Likes Received:
    819
    Joined:
    Oct 15, 2008
    Location:
    Newkirk
    Rating
    100%
    My dad once had a 90 Ford 1 ton Dually with a diesel, the good diesel engine & a 5 spd trans,
    (This was before we became educated & renounced everything ford)
    I remember he paid 10,000 for it when he bought it, he drove it as a work truck for 4 years, sold it for 10,900. & it had about 45,000 more miles on it at that time.
    After he sold it he bought a 96 Dodge Ram with the Cummins & a 5 spd trans & we have never looked back. He still has the 96.
     
    Hodrod and swampratt like this.
  5. PanhandleGlocker

    PanhandleGlocker Sharpshooter

    Supporter
    Messages:
    1,753
    Likes Received:
    848
    Joined:
    Oct 1, 2012
    Location:
    Guymon, OK
    Rating
    100%
    would rather be cummin’ than strokin’
     
  6. Catt57

    Catt57 Gill-Gun Guru

    Supporter
    Messages:
    4,005
    Likes Received:
    5,776
    Joined:
    Aug 1, 2014
    Location:
    OKC
    Rating
    100%
    My Dad bought a used, low mileage, 2007 Silverado 2500HD in 2009 when GM was filing for bankruptcy and got such a good deal on it, that in current condition, it still books for more now than he paid for it then.
     
    Hodrod and BobbyV like this.
  7. RVCooper

    RVCooper Marksman

    Messages:
    86
    Likes Received:
    41
    Joined:
    Jun 6, 2013
    Location:
    tulsa
    Went with my son to a half dozen new-car
    dealerships a few weeks ago. I can't believe the slim pickings on their used inventory. Thin to virtually nothing. That's really weird. Never seen this before. That market must be smoking hot right now.
     
  8. Cowbaby

    Cowbaby Sharpshooter

    Supporter
    Messages:
    420
    Likes Received:
    1,023
    Joined:
    Jan 14, 2021
    Location:
    Poteau
    Bought my wife a 07 Cobalt dealer demo car with 4kmiles for 10,500 and and a couple of years later in a gas price spike they were bringing 13,500 under 50k. Begged her to sell it but NNOOOOO.

    My old 01 Cummins I paid 10,900 with 156k in 2005 and could have sold sold it five, ten or fifteen years later for the same 10k. I still see every once in a while people asking 10k for them 17yrs later. Now that's what I call driving for FREE. 290k now and STILL hauling the mail.

    I don't believing in making a living to pay for a pickup. I believe in it working and making a living for me.
     
    Last edited: Apr 2, 2021
  9. SlugSlinger

    SlugSlinger Sharpshooter

    Supporter
    Messages:
    4,443
    Likes Received:
    2,054
    Joined:
    Apr 14, 2009
    Location:
    Owasso
    Rating
    100%
    Exactly.

    And artificial lack of supply caused by the mandatory .gov shutdowns.

    And I will add, you haven’t seen inflation like we will experience with Biden and his spending habits.

    The value of the dollar is getting ready to be worth a lot less.
     
    RagdollOp and Hodrod like this.
  10. SlugSlinger

    SlugSlinger Sharpshooter

    Supporter
    Messages:
    4,443
    Likes Received:
    2,054
    Joined:
    Apr 14, 2009
    Location:
    Owasso
    Rating
    100%
    The average price of a new car:

    1986 $12,651
    1996 $18,525
    2006 $23,892
    2016 $25,449
    2020 $40,107

    my guess for 2024 $60,000
     
    RagdollOp and Hodrod like this.

Share This Page