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Maybe I am simply a cheap cunt, but how is gods name is a half ton worth $75-$80k?
That is under priced in your mind?
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Maybe I am simply a cheap cunt, but how is gods name is a half ton worth $75-$80k?
That is under priced in your mind?
By the time you pile on all the bells and whistles that people demand today’s into their 5,000lb, 21 foot long, leather lined, seats 6, aluminum clad, hybrid, towes 14,000lb mobile. No shit there has been some price creep beyond inflation.This quote is hidden because you are ignoring this member. Show Quote
Go stick any half ton on the lot next to a half ton from 10 years ago, or 20 years ago. We aren’t even talking about the same class of vehicles anyone, and frankly no one wants the old ones in any significant quantities.
They sell for more, fx adjusted, a few thousand km from here with prices propped up by a political and porous border. That’s what makes them underpriced and that’s why we can’t keep 2 year old used trucks in this country.
If someone other than an exporter was willing to give me $60 grand for my used truck I would have happily sold it to them, but those people don’t exist when you can get a new one for 62 off the lot with 7 year 0% financing.
Last edited by killramos; 04-27-2021 at 08:52 AM.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
If they were overpriced, they would sit on the lot for a year.This quote is hidden because you are ignoring this member. Show Quote
Yeah, overpriced good generally do not sell. The market is rarely wrong, but our opinions may be.
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No, because the financing terms have shifted from an (average) 5 year amortization to a 8+ year amortization so people can "afford" these vehicles.This quote is hidden because you are ignoring this member. Show Quote
Last time I bought a new vehicle (2013) the longest financing term was 84 months, and back then I thought THAT was crazy.
At the end of the day, people will still make terrible financial choices which is ruining it for the rest of us who try to be prudent.
I am just yelling at clouds because:
a) I'm cheap
b) I'm going to be in a situation where I don't feel the price I will need to pay is worth the value of what I am buying
Half you seen the lease a truck for $500 bucks thread?
You aren’t alone.
I only sold my truck because I never used it and it was so easy to get my money back. Made me sick thinking of how much money I had tied up in a truck that spend 29 days a month parked outside my house. It would also be just as easy to get another truck if I change my mind in 2 months.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Have you followed my last decade of trucks? The value of lightly used trucks has been fucked for a very long time.
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Honestly a lease might be my best bet, depending on the annual mileage allowance.This quote is hidden because you are ignoring this member. Show Quote
I will be making 5-6 trips to FSJ each year, and they won't be gentle trips.
Will likely need 30-40k km/year allowance depending on cost.
Gotcha, thanks!This quote is hidden because you are ignoring this member. Show Quote
This is just a really poor take. The exchange rate is the only reason for the price difference...not sure if you understand that or not. The market value of the vehicle is what someone is willing to pay in the market, which is Canada. The US market is a separate market and there is an arbitrage created simply due to exchange rate. Every vehicle exported from Canada artificially inflates out market which hurts Canadian consumers. Exporters make money, Americans make money, the seller of the vehicle may make a small amount more (hundreds?) and an easier transaction, but this is damaging to the Canadian economy and consumers.This quote is hidden because you are ignoring this member. Show Quote
The government should be concerned with making life better for Canadians and Canadian consumers. Exporting vehicles hurts Canadians.
The bigger market for trucks in different countries is due exclusively to their differing currency values?This quote is hidden because you are ignoring this member. Show Quote
Sellers make hundreds?
Those are some pretty inaccurate statements.
So the high prices for used trucks in the USA are caused by . . . . .nothing?This quote is hidden because you are ignoring this member. Show Quote
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Wonder what the US market is like for low mileage Canadian V8 4Runners.. Hmmm...
Government artificially deflating the value of used trucks isn’t good for Canadians either, maybe good for cheap fucks like you who don’t want to pay market price for trucks, but hundreds of thousands of Canadians buying new trucks every year are pretty happy their vehicles don’t depreciate by 80% in the first few years.This quote is hidden because you are ignoring this member. Show Quote
Exchange rate is not a real reason to generate a material arbitrage opportunity anyway, it’s way too fucking liquid and easy to exploit.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Not sure that market could be any more inflated.This quote is hidden because you are ignoring this member. Show Quote
ftfyThis quote is hidden because you are ignoring this member. Show Quote
Huh, before your break from beyond you were a raging capitalist, now you’re some sort of commie???This quote is hidden because you are ignoring this member. Show Quote