Car Talk 6: Best of times and Worst of Times

[CaleDeRoo]

I probs would wait 3-6 months before taking the plunge. They are severely "Overpriced" at the moment IMO. 60k + for a 3 year old rapidly depreciating behemoth is IMO.

They have never been this

[CaleDeRoo]

Ope didn't even get to the next post. Carry on

[Desertbreh]

I have a friend with the 2021 5.3/10 speed Tahoe Premier
I have a 2019 6.2/10 speed Tahoe Premier Plus.

I think the major question in the 2021+ is do you want to go diesel or gas? If you have the garage length I would just get the sub the 2021+ Tahoe is almost as long.
They are nice trucks, but you are gonna pay out.

Was looking at a 2022+ Yukon Denali. The digital gauge cluster is dope.
6.2L because V8.

Yeah 65k for a lightly used one. 20k-30k miles.

Are you renting car storage? Because I would park NONE of an E30 restored bimmer, a Bitchin Camaro, or a $60K truck outside in Swamplandia.

[max225]

I probs would wait 3-6 months before taking the plunge. They are severely "Overpriced" at the moment IMO. 60k + for a 3 year old rapidly depreciating behemoth is IMO.

Rapidly? Nah. The American Leviathan is in strong demand all the time.

Well the starting point is like 80-90k for a Yukon... at year 10 they are probably 10k... so I'd say it's a painful trip to mordor that costs 1/2 a CC(cartel Condo).

[CaleDeRoo]

Rapidly? Nah. The American Leviathan is in strong demand all the time.

Well the starting point is like 80-90k for a Yukon... at year 10 they are probably 10k... so I'd say it's a painful trip to mordor that costs 1/2 a CC(cartel Condo).

10 years old with 100k are $25k-$30k. Msrp was "only" like $65k back then too. They're pretty much the safest bet for a luxury product there is.

[Melon2.0]

I'm at 6.5 years of GMC Canyon ownership. I'll probably keep my next DD as long, so depreciation isn't a concern. It will be what it will be.

Lady and I are looking at another house in the next year or so, something with a shop, and garage/carport parking for DD's. She has a 2015 X3, a really nice example, so itr would be beneficial for both of us to keep our vehicles out of the sun as much as we can.

[Melon2.0]

I'm bougie, and want a fancy ride.
Depreciation, on some level, is "pay to play"

[dubshow]

I'm at 6.5 years of GMC Canyon ownership. I'll probably keep my next DD as long, so depreciation isn't a concern. It will be what it will be.

Lady and I are looking at another house in the next year or so, something with a shop, and garage/carport parking for DD's. She has a 2015 X3, a really nice example, so itr would be beneficial for both of us to keep our vehicles out of the sun as much as we can.

[dubshow]

I'm bougie, and want a fancy ride.
Depreciation, on some level, is "pay to play"

I am greatly allured by the depreciation of bmws. If you avoid the high end model pitfalls and can do the basic DIY, getting a $80-90k car at 50%+ depreciation is very

Erins wagoon is paid for and low miles. I dont see it going anywhere.

[Melon2.0]

Good used BMW deals can be found. The lady got a 2015 X3, S-Drive. N20 (Only downside) fully loaded with 40k miles for 20k. It's got about 50k now, and everything works well. I've had to replace a few plastics from age, but it's a great SUV.

[Melon2.0]

https://www.carvana.com/vehicle/2956932

[Melon2.0]

One thing holding me back, the Yukon doesn't come in any fun colors. Even the red is meh.

[dubshow]

https://www.carvana.com/vehicle/2956932

thats a nice rig. Don't sell yourself short. Try the escalade.

[Melon2.0]

Escalade is not out of the question, but for the price I'm looking at, I'd have to go older and higher miles.
60-65k is about where I'd like to land.

I did look at the German and Japanese offerings. The Sequoia is about the most comparable in regards to tow rating (Yes, some of the Mercs can tow, but are $$$, also large Merc outside of warranty is a no.) but the Sequoia feels really cheap inside compared to the GM offerings.

[max225]

Well the starting point is like 80-90k for a Yukon... at year 10 they are probably 10k... so I'd say it's a painful trip to mordor that costs 1/2 a CC(cartel Condo).

10 years old with 100k are $25k-$30k. Msrp was "only" like $65k back then too. They're pretty much the safest bet for a luxury product there is.

What's what I am saying ... the used market is still too hot. This will not maintain going forward. Most of the country won't be buying 100k behemoths new anymore that the .gov money dried up.

[Desertbreh]

Rapidly? Nah. The American Leviathan is in strong demand all the time.

Well the starting point is like 80-90k for a Yukon... at year 10 they are probably 10k... so I'd say it's a painful trip to mordor that costs 1/2 a CC(cartel Condo).

Nah.

https://www.autotrader.com/cars-for-sal ... pe=listing

CC's that are 200K are SRS poverty bro.

[Desertbreh]

10 years old with 100k are $25k-$30k. Msrp was "only" like $65k back then too. They're pretty much the safest bet for a luxury product there is.

What's what I am saying ... the used market is still too hot. This will not maintain going forward. Most of the country won't be buying 100k behemoths new anymore that the .gov money dried up.

As far as I can tell you are about that. .gov money has long dried up and people are dick swinging all day long.

[max225]

What's what I am saying ... the used market is still too hot. This will not maintain going forward. Most of the country won't be buying 100k behemoths new anymore that the .gov money dried up.

As far as I can tell you are about that. .gov money has long dried up and people are dick swinging all day long.

Record Repos
Record Defaults
Record inventory builds

This is feb this year vs LY

[Desertbreh]

I just want a C8 with 10K on the hood.

[max225]

I just want a C8 with 10K on the hood.

You can get one at sticker or slightly under if you go slightly used... that's way better than a $30k to your Salesholes Bahama [user not found] sponsorship.

[D Griff]

I probs would wait 3-6 months before taking the plunge. They are severely "Overpriced" at the moment IMO. 60k + for a 3 year old rapidly depreciating behemoth is IMO.

Rapidly? Nah. The American Leviathan is in strong demand all the time.

I'm sure they'll go down over time but they are and always have been/will be in demand. They are going to be 'spensive unless you want an oldie but a goodie.

[dubshow]

What's what I am saying ... the used market is still too hot. This will not maintain going forward. Most of the country won't be buying 100k behemoths new anymore that the .gov money dried up.

As far as I can tell you are about that. .gov money has long dried up and people are dick swinging all day long.

you still get the big write off on large trucks and suvs at the 6k lb mark.

Vehicles weighing more than 6,000 pounds but less than 14,000 receive a maximum first-year deduction of up to $28,900 in 2023 (up from $27,000 in 2022). After that, you follow a regular depreciation schedule.

[Melon2.0]

I just want a C8 with 10K on the hood.

Keeping it real. I like it.

[MrH42]

I just want a C8 with 10K on the hood.

I want them to build Z06s non stop, so they'll be attainable on the used market in a couple of years. I think I've written off GT3s as ever being obtainable, but there's a chance enough Z06s are made that they'll depreciate quite a bit when the next hot thing comes out.

[max225]

As far as I can tell you are about that. .gov money has long dried up and people are dick swinging all day long.

you still get the big write off on large trucks and suvs at the 6k lb mark.

Vehicles weighing more than 6,000 pounds but less than 14,000 receive a maximum first-year deduction of up to $28,900 in 2023 (up from $27,000 in 2022). After that, you follow a regular depreciation schedule.

It's not really a write off. Your business actually has to generate that sort of a profit so that you can then rapidly depreciate it. That's not easy.