Quote:
Originally Posted by victimofGM
Coworker has a 2016 Silverado 5.3L with 140,000 miles and horrible transmission problems that will be expensive to repair or replace. With the current truck prices, even used, he’s considering taking out a loan to cover the cost of repairing the transmission and renting a vehicle while repairs are being made. Local Ford lot is crammed packed with trucks. Didn’t even bother to look at the stickers. They’re one of those dealers with a rotating platform in the show room for special models surrounded by velvet rope. Loca Chevy dealer does both Chevy and Caddy. Their lot is filled with trucks as well. Won’t even drive by the local Chrysler/Dodge/ Jeep dealership. They’re notorious for horrible service during and after the sale.
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Jeeps have the worse time-on-the-lot as a brand. A third of the new vehicles with the longest “sitting time” on lots are Jeep brands. #1 by volume is the ford 150. The longest time for vehicles to sit is the Jeep Compass with over two years of dealer inventory based on current sales.
https://www.realcartips.com/news/143...nventory.shtml
For Ford’s F150, their plan is to jack up prices on 2024 models which they think will incentivize the leftover 2022 and 2023 models. Dealer incentives are jumping through the roof as dealers are trying to move their 2022 vehicles OFF their lots along with 2023 models to make room for 2024’s. Some manufacturers have slowed production of slower moving sales since only fleet companies (car rentals) are remaining at 2022 levels.
Consumer sales volume is plummeting.
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They are not for everyone
