Are truck prices going to go down if gas prices continue to go up? Should I wait to buy?
berrytrain asked:
I would like to buy a new Chevy Silverado. I can get it at invoice
and 0% financing for 5 years. I see so many trucks on the dealer lots right now. If gas prices continue to go up, they might have to have a fire sale. What do you think?
I would like to buy a new Chevy Silverado. I can get it at invoice
and 0% financing for 5 years. I see so many trucks on the dealer lots right now. If gas prices continue to go up, they might have to have a fire sale. What do you think?
I own a truck, its not worth it. I have to fill the thing up once every week and a half, and its 50 bucks, and thats at $2.96 a gallon where I live. After this truck breaks down, Im looking into something that gets 30+ MPG.
Its just not worth it anymore.
There might be a temporary drop in price to clear stock but as demand goes down for trucks due to an increase in price of gasoline the supply will simply go down which will keep the prices relatively the same. So the moment might come.
I think you should put your money in the bank when you can walk into the dealership with cash money to pay for it in full is when you will get your best deal. Don’t buy a new one, let someone else take the depreciation hit. The prices have already sunk, you can get a 3 year old hummer for less than 1/2 the original sticker.
good luck
As a dealer, the only constant is trucks. They always sell, just be cautious of your mileage and use for your own needs. Good luck