With near record high inventories of 3.9 million vehicles...
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Monday, January 30, 2017
US Auto Industry In Crisis Amid "Inventory Bubble"
With near record high inventories of 3.9 million vehicles...
More
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7 comments:
look at how much they are selling themfor???
yea I don't understand auto industry. pickup trucks are just way out there look at it this way you still get a frame with a cab and a bed. a bed about three guys can pick up and walk off with, it's lighter and cheaper, if you look at some dodge trucks the bed are rusting out so they haven't made them with more quality. and if you can afford to buy a used truck with some age on it the warranty is out and guess who has to pay the repair bill.there is way too much electronics on vehicles today. We bought a new gmc pickup in 1974 for about 5000.00 and compared to today you still get the cab frame and bed all for the low low price of 70,000.00 Really.
Domestic trucks and utilities are ridiculous expensive.
I have a friend who recently bought a heavy duty Ford Diesel Pickup Truck. He spent $74,000.00. You can actually buy a nice quality Motor Home, (RV) for less and guess what, it not only has the kitchen sink, it gets better gas mileage. The sad part is, when he traded in his 5 year old truck, they wouldn't give him $12,000.00 for it and trust me, it was in beautiful condition. So my first question to him was, why the hell would you buy another Ford if they absolutely do not hold their value. He simply likes Fords. I'll buy a Toyota Pickup every day of the week as they hold the highest resale value over anything else out there. HA, like I ever get rid of vehicles, NOT.
Joe, I was told the same thing recently when I traded in my 05 Honda Pilot on a new Accord. American cars and trucks do not retain their value, but Japanese cars and trucks do. The quality is better and they are built to last. My 05 pilot had nearly 200k on the odometer, and it still looked and ran great. Needed some transmission work, so weighing the cost, we decided it was time to get another. I have an 03 Toyota Matrix, 03 Honda Shadow Spirit Motorcycle, 2009 Nissan Altima, and a 2016 Accord. Used to own Ford and Chevy vehicles, but the were always problems with the engine or electrical. With ford, it was usually the starter or water pump, with chevy it was the engine, transmission, and electrical. I had a 99 Chevy Venture Van, just to replace the battery, or headlights, you had to practically take apart the engine. Major repair just to replace simple parts!
Japanese cars had hardly given me a bit of trouble. Mostly just normal wear and tear like belts, tires, and Battery.
7:47, I have a Toyota Tacoma. I've had it for around 5 years and it's fantastic. Its a 2 wheel drive truck, so I'm getting a 4 wheel drive Tacoma in the next month or two and I will keep my 2 wheel drive truck. If I do get rid of it I will sell it on my own and NOT trade it in. If my Grandson keeps up his grades the truck will likely go to him. I have a friend who had more then 500,000 miles on his Tacoma before he finally sold it. If my Grandson wanted to take my truck cross country I'd have all the confidence in the world that he'd not have any problems mechanically. It's very comforting and also a shame that American made vehicles can't offer the same.
The best vehicle I ever owned was a 1936 Rolls Cardnley. Yep, Rolls down the hill and cardnley get up other side.
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