Do used truck prices jump in mid December?

[Bearsixty7]

Yes they did. I had a Passat and it was the most fun and best driving car ever. VW just made me a buyback offer I couldn’t refuse.

We had a 2012 TDI Passat, awesome car! 44mpg running 80mph in summer with the A/C on and 38-40mpg commuting and around town. Only issue was a CEL for the DEF sensor, replaced twice under warranty but didn't cause any drivability issues.
We had the S/W upgrade done as I wanted to keep the car and I never really measured any decrease in MPG so I was happy, plus we got a check from VW IIRC.

I would love to have a compact truck with that Motor!

The VW Amarok would be great here if they could build it here.

 

[jyoutz]

We had a 2012 TDI Passat, awesome car! 44mpg running 80mph in summer with the A/C on and 38-40mpg commuting and around town. Only issue was a CEL for the DEF sensor, replaced twice under warranty but didn't cause any drivability issues.
We had the S/W upgrade done as I wanted to keep the car and I never really measured any decrease in MPG so I was happy, plus we got a check from VW IIRC.

I would love to have a compact truck with that Motor!

The VW Amarok would be great here if they could build it here.

That’s exactly what my car averaged: 44mpg. I once drove 700 miles on a single tank and it would pass anything on the interstate. I really didn’t experience any problems with it, but I only had it for 4 years and 90K miles. VW offered me $4K less than I paid for it new, so I couldn’t turn down the buy back.

 

[ericm979]

If I secure financing from my credit union and not the auto maker prior to sale, I am in effect a cash buyer to the dealership. Either way they get full payment upon closing the deal.

If they sell you a loan, they also profit from that. They buy the loan at x% and then sell it to the buyer at y%, where y > x by 1-3 points.

 

[Hay Dude]

I get Farm Credit lending if I need it. Don’t think I’ve ever financed through a dealer.

Always heard the dealers gave best offers in December-probably because customers are focused on Christmas and giving, which they should be.

 

[jyoutz]

If they sell you a loan, they also profit from that. They buy the loan at x% and then sell it to the buyer at y%, where y > x by 1-3 points.

True. But I always get financing in advance from my credit union, then just talk cash with the dealer. But your point is interesting because it does benefit the dealer when you finance with them and possibly give a little more room for price negotiation.

 

[not2old]

If they sell you a loan, they also profit from that. They buy the loan at x% and then sell it to the buyer at y%, where y > x by 1-3 points.

With the truck I bought recently I was given two prices. One for paying cash and $5000.00 higher if using low interest options. I worked as a purchasing agent for a few years and you learn the the best deals are when you know what you want and know how to bypass the salesmen and get to the fleet department.

 

[WM75Guy]

True. But I always get financing in advance from my credit union, then just talk cash with the dealer. But your point is interesting because it does benefit the dealer when you finance with them and possibly give a little more room for price negotiation.

Sometimes the manufacturer financing, such as GM Financial, has the best deal. When we looked at my wife's 2024 Cadillac XT6, the salesman offered us 1.9% for 36 months and $1,000 off the price through GM Financial. Instead of pulling money out of our cash management account drawing 5% and paying cash, I took that deal. It was also easier to do the paperwork all at one time and place. We signed the paperwork and then went out to eat while they did the make ready. She drove it home that day.

 

[not2old]

When I sold a couple of appartments and bought a townhouse, I kept enough cash to buy the truck as any borrowed money would then be tax deductible. My bank account will recover in about a year.

 

[nisaacs]

When I look at their offerings their prices seem high.
What/where would be a good reliable link to find inventory supply of various trucks?

Some big discounts this month if Ram is of any interest for you.

https://www.hornechryslerjeepdodge....-ram-wagoneer-globe-az/?cy=85501&mk=51&tp=new

 

[Hay Dude]

My Ram dealer is also selling Ram Tradesman/Big Horn crew cabs with Cummins for 65-72K.

Those are the prices I saw 3+ years ago. Great time to buy a new truck with a 5yr/100K powertrain (not just diesel engine) warranty and 3/36 bumper-bumper warranty.