Quote:
Originally Posted by Instrument 41
Looked at 2 2008 GMC's with about 40K miles, both priced about $24K. Priced new Chevrolet, with rebates, customer loyalty and it was about $29, but for me to buy any car that is new is so against what I have always done in car buying...
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My local Chev dealer (non-negotiating) offers a new 2012 Chev Silverado 1500 Crew LS 4x4 (4.8L, HD trailering) $36,810 MSRP for $28,654.
2012 Chevrolet Silverado 1500 for sale in Fridley - 3GCPKREA9CG197328 – Friendly Chevrolet
Most of the others are about $6,000 off MSRP after incentives. That would put a comparably equipped 2WD to about $26K transaction price.
If an out-of-bumper-to-bumper-warranty 2008 is $24K, I can't see why anyone would buy a used one. Especially given the low cost of money.
Even at $29K new and $24K used, wouldn't it be worth $1250 a year to have a brand new truck? It would be a no-brainer for me.
Of course, I'd just buy a used 2008 with 120K miles for next to nothing
