Am I crazy or is this the worst time ever to buy a vehicle?

[Rocket1k78]

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Not enough wall of text

Get out of your moms basement

[killramos]

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Get out of your moms basement

Way too cosy down here

[Paul]

Listed our RV on kijiji on Sunday morning - sold that evening, had about 20 requests for viewings.
We bought it in 2011 and sold for $750 more than we paid then. Not a bad ROI on a supposedly depreciating asset.

***this is NOT investment advice***

[killramos]

I wouldn’t get used to that concept

[Paul]

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I wouldn’t get used to that concept

Good call, I don’t need IIROC coming after me.

**Past performance is not indicative of future results

[you&me]

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Things might be turning a bit.

My autotrader searches did this:

- two years of inventory sitting
- January 2021 - autotrader searches emptied and everything sold
- April 2021 - dealers start advertising (consignment?) vehicles and inventory plumps
- Mid-May 2021 - consistent emails from autotrader advertising price drops.

Demand shock took out inventory, and we're going to see oscillations.

This is happening a lot, particularly in the sports car segment where supply is still relatively small (compared to the truck market)... Higher and higher prices lead to increased supply as more people want to take advantage of the 'hot' market, causing a stall and retracement to a new baseline, which is admittedly higher than where things were 3, 6, 9+ months ago.

[Buster]

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This is happening a lot, particularly in the sports car segment where supply is still relatively small (compared to the truck market)... Higher and higher prices lead to increased supply as more people want to take advantage of the 'hot' market, causing a stall and retracement to a new baseline, which is admittedly higher than where things were 3, 6, 9+ months ago.

Yeah, I'm sitting on my wallet until next year

[bjstare]

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Yeah, I'm sitting on my wallet until next year

I thought you gave up on cars?

The oscillation is real.

[BavarianBeast]

It’s definitely a strange market. Which begs the question..

Aventador S or Huracan EVO?

[Buster]

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I thought you gave up on cars?

The oscillation is real.

I give up on cars when I'm annoyed or in a bad mood, and I'm back on a next year plan when I'm in a good mood.

[ExtraSlow]

Yes.

[Disoblige]

Someone wants to my '09 V8 4Runner for ~$22k lol...
I was kinda joking around so I said a higher price just to change topic and turns out he was serious lol.

Makes me wonder what I could actually get for it if I listed it properly...
Too bad because I am keeping this sucker for life.

[BavarianBeast]

Saw this 2018 Lamborghini Aventador on autoTRADER.ca's iPhone app
http://www.autotrader.ca/go/5-51361011

2022 Evo would be delivered by Jan- potentially feb (incurring 10% tax). Leaning toward the v12 at this point, it’s not much more and is the natural progression from V8 —> V10 —> V12...

I think the evo would hold value near term, but may not hold as well as the Aventador over 5+ years. Tough call.

[Buster]

Nice spec

[zehnd]

If your GM VIN starts with a "1" it was built in the good old USA. If it starts with a "2" or "3" not so good. Exporters are paying top dollar for the USA built trucks. Canadian and Mexico built ones are subject to a 20% duty.

[you&me]

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If your GM VIN starts with a "1" it was built in the good old USA. If it starts with a "2" or "3" not so good. Exporters are paying top dollar for the USA built trucks. Canadian and Mexico built ones are subject to a 20% duty.

Wha?

[zehnd]

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Wha?

Trump tax still in.

[Tik-Tok]

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Trump tax still in.

Did Trump go through with that? I thought it was all twitter talk

[killramos]

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Wha?

We are super duper good at free trade deals

[zehnd]

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Did Trump go through with that? I thought it was all twitter talk

It must be, that's what our buyers are telling us. They don't want to quote on anything other than "1". If they do it's considerably less.