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Dealership Service D’pts over’ld fixing salable clunkers #2945620
07/21/21 01:43 PM
07/21/21 01:43 PM
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USA
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360view Offline OP
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Local Chrysler dealerships all booked up 2-3 weeks.

One “service advisor” on the phone said to me:
“It’s crazy here.
The used vehicle department keeps buying clunkers
and overloading our techs fixing them
so they can be sold off the used lot within hours after they will run.”

Make Hay while the Sun Shines

Overnight radio is saying
dealerships are mailing past customers coupons for low priced engine oil or ATF changes,
then using this as a method of inspecting the used vehicle “on the sly”
then offering the customer $3000 or more than what the vehicle fair market price was 4-5 months ago.

Re: Dealership services Dpts over’ld fixing salable clunkers [Re: 360view] #2945634
07/21/21 02:03 PM
07/21/21 02:03 PM
Joined: Jan 2003
Posts: 20,353
Eagle, Idaho
Neil Online content
The Doctor is in.
Neil  Online Content
The Doctor is in.

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Eagle, Idaho
Prices seem crazy too despite the fact that there appear to be plenty of used vehicles for sale. If you search pickups here on CL, for example, it's like pages and pages of used quad cab trucks. It would be hard to narrow down the one you wanted out of the piles of them to choose from. I guess I don't get it. shruggy

I have had neighbors say dealers have been mailing out letters to random people saying they want to buy their used truck for cash.

Re: Dealership services Dpts over’ld fixing salable clunkers [Re: Neil] #2945767
07/21/21 07:56 PM
07/21/21 07:56 PM
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Posts: 11,892
Benton, IL.
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DaveRS23 Offline
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Originally Posted by Neil
Prices seem crazy too despite the fact that there appear to be plenty of used vehicles for sale. If you search pickups here on CL, for example, it's like pages and pages of used quad cab trucks. It would be hard to narrow down the one you wanted out of the piles of them to choose from. I guess I don't get it. shruggy

I have had neighbors say dealers have been mailing out letters to random people saying they want to buy their used truck for cash.


Look closely at those ads. There is a reason they are still for sale. Quality, desirable, low mileage pick-ups are very few and far between. I watch the sales every day. There are a lot of trucks for sale, but they are overpriced or high mileage or base models or 2 wheel drives or................

The trucks that most buyers are looking for are just not there. At least not enough of them. If that weren't true then the desirable trucks wouldn't be 20% higher today than they were a year or so ago.


Master, again and still
Re: Dealership services Dpts over’ld fixing salable clunkers [Re: DaveRS23] #2945823
07/21/21 09:39 PM
07/21/21 09:39 PM
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Posts: 43,458
Round Lake Beach, Illinoisy
Rhinodart Offline
Rhinotruck
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Since my truck just died 600 miles away I took a look at the Craigslist ads out there and was shocked to see so many overpriced quad cabs! It is definitely a sellers market right now just like housing. I could not rent a vehicle out there, only one car in a 30 mile radius, seems that last year the rental companies dumped all their cars as people were staying home, just where the heck did they go?!? shruggy


The funny thing about science is that if you change one miniscule parameter you change the entire outcome to the way you want it.

JB Rhinehart, Realist

A-Body's RULE!
Re: Dealership services Dpts over’ld fixing salable clunkers [Re: Rhinodart] #2945827
07/21/21 09:47 PM
07/21/21 09:47 PM
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Posts: 12,796
East Bay, N. Cal.
calmopar Online sleepy
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East Bay, N. Cal.
I have a 2002 4WD pickup with only 75K on it and I bet I could pull $15K around here. Crazy times.


Trying to enjoy life!
Re: Dealership Service D’pts over’ld fixing salable clunkers [Re: 360view] #2945921
07/22/21 08:10 AM
07/22/21 08:10 AM
Joined: Jan 2006
Posts: 8,162
USA
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360view Offline OP
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USA
Wall Street Journal has an article Thursday
that the M2 money supply number has been growing at 23.9% annualized rate since March 2020.
That is the fastest rate since World War II.

M2 is banker slang for spendable cash.

Not sure about other Moparts members
but my supply of ready spendable cash has not jumped 23% since March 2020.

The used car prices seem to confirm at least some citizens have way more spendable cash.

“The best way to double your money is to fold it in half and put in back in your pocket”

Re: Dealership Service D’pts over’ld fixing salable clunkers [Re: 360view] #2945922
07/22/21 08:21 AM
07/22/21 08:21 AM
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new berlin wisconsin
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Mr T2U Offline
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Originally Posted by 360view
.

The used car prices seem to confirm at least some citizens have way more spendable cash.



the bigger problem is easy to qualify for credit on most cars sales over available spendable cash. most idiot car shoppers their only concern is the size of the payment. they just sign and drive away and don't even bother to learn the interest rate they are paying.
if they actually had to pay cash for the sale they could only afford a beat up POS. they would be lucky to scrape that up to pay for it.

Last edited by Mr T2U; 07/22/21 08:21 AM.

perception is 90% of reality
Re: Dealership services Dpts over’ld fixing salable clunkers [Re: DaveRS23] #2945938
07/22/21 09:38 AM
07/22/21 09:38 AM
Joined: Jan 2003
Posts: 11,892
Benton, IL.
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DaveRS23 Offline
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And the hits just keep coming. GM is halting more production because of the chip shortage.

www.detroitnews.com/story/business/...ction-hit-chip-crunch-grinds/8044191002/

Fiorani has expected to see some type of recovery from chip shortages by the fourth quarter, "but signs like this make you rethink that and think it's gonna take longer," he said after GM's truck production announcement.


Master, again and still
Re: Dealership Service D’pts over’ld fixing salable clunkers [Re: Mr T2U] #2945941
07/22/21 09:43 AM
07/22/21 09:43 AM
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Omaha Ne
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TJP Offline
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Omaha Ne
An ex employee just paid 30K for a 2008 quad cab Silverado with 80K miles on it. I'm sure he got a real good lube job on the financing as he had little credit history and 2 dui's. I'm guessing 7-900 a month with insurance realcrazy whistling

Re: Dealership services Dpts over’ld fixing salable clunkers [Re: DaveRS23] #2946001
07/22/21 12:08 PM
07/22/21 12:08 PM
Joined: Aug 2003
Posts: 3,509
Eyewa
330Scott Offline
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Eyewa
Originally Posted by DaveRS23
And the hits just keep coming. GM is halting more production because of the chip shortage.

www.detroitnews.com/story/business/...ction-hit-chip-crunch-grinds/8044191002/

Fiorani has expected to see some type of recovery from chip shortages by the fourth quarter, "but signs like this make you rethink that and think it's gonna take longer," he said after GM's truck production announcement.


Ah yes, Just In Time inventory procurement.

Re: Dealership services Dpts over’ld fixing salable clunkers [Re: 330Scott] #2946035
07/22/21 01:53 PM
07/22/21 01:53 PM
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Posts: 1,908
Nebraska
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4406bbl Offline
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Nebraska
All I can tell you is my son just ordered a new ram diesel megacab, put money down, has cash, and they produced a vin the next day. They also gave him $4000 more than he paid for his hemi ram, and he put 47000 miles on it, and it was used when he got it. If you put money down your car will be built, orders for dealer stock are not being filled. Same thing happened when my daughter ordered her hellcat charger, money down and cash sale, it magically got built. We were offered exactly what we paid for our 2019 scat-pack, if they still made plum crazy it would be down the road and a hellcat ordered. Amazing how the car market is right now. It does piss me off how salesman always ask what our payment needs to be....no budget right car right color, cash. When you are young and dumb I get it, but damn by 60 a person should be able to pay cash for a car, you only need to drive junk for 4 years and save to do it.

Re: Dealership services Dpts over’ld fixing salable clunkers [Re: 4406bbl] #2946060
07/22/21 03:22 PM
07/22/21 03:22 PM
Joined: Jan 2003
Posts: 20,353
Eagle, Idaho
Neil Online content
The Doctor is in.
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Some dealers really dislike cash payers, and they also frown if you want to finance thru your own bank or credit union. Too much money to loose on interest I guess.

Re: Dealership services Dpts over’ld fixing salable clunkers [Re: Neil] #2946080
07/22/21 04:11 PM
07/22/21 04:11 PM
Joined: Jan 2003
Posts: 8,005
Tulsa OK
Bad340fish Offline
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My Wife's 18 Durango R/T trade in value is now showing what we paid for it two years ago, and we bought the maxcare warranty with it even. We are ahead of the loan by a good margin even without the inflated value, BUT not quite enough to slide into an SRT model, already checked haha.


68 Barracuda Formula S 340
87 "Chrysler" Conquest
Re: Dealership services Dpts over’ld fixing salable clunkers [Re: Bad340fish] #2946091
07/22/21 04:49 PM
07/22/21 04:49 PM
Joined: Jan 2005
Posts: 8,340
Crook County, ILL
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I saw something recently that listed some late model used vehicles that are actually higher valued now than their MSRP when new!

Re: Dealership services Dpts over’ld fixing salable clunkers [Re: Mastershake340] #2946119
07/22/21 06:31 PM
07/22/21 06:31 PM
Joined: Jan 2003
Posts: 2,326
Addison Twp, Mi.
RobG Offline
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Addison Twp, Mi.
My son has a 2019 Ram 1500 on lease that ends in Nov. Right now, he can sell the truck for $8k more than his buyout price.


I am not rich...but I get off my ass everyday to make sure I am not broke!

Can we get the Mexican cartels to help us with our supply chain issues? They don't seem to have any trouble getting stuff from one place to another.
Re: Dealership services Dpts over’ld fixing salable clunkers [Re: RobG] #2946125
07/22/21 06:51 PM
07/22/21 06:51 PM
Joined: Jan 2003
Posts: 20,149
Park Forest, IL
slantzilla Offline
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I recently traded a 2020 leased Ram in on a 2021 leased Ram simply because the dealer begged me to have my old truck. I ended up with a newer truck with 0 miles, more options, and a lower payment. The Finance guy said he had never seen it happen before.


"Everybody funny, now you funny too."
Re: Dealership services Dpts over’ld fixing salable clunkers [Re: Neil] #2946222
07/22/21 11:13 PM
07/22/21 11:13 PM
Joined: Jan 2003
Posts: 2,354
Massachusetts
Faust Offline
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Massachusetts
Originally Posted by Neil
Some dealers really dislike cash payers, and they also frown if you want to finance thru your own bank or credit union. Too much money to loose on interest I guess.


A lot of the profit is in the financing. No financing, minimal profit.

Re: Dealership services Dpts over’ld fixing salable clunkers [Re: Faust] #2948561
07/29/21 03:00 PM
07/29/21 03:00 PM
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Posts: 637
Maryland USA
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beatgoeson Offline
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Maryland USA
A friend of mine bought a new C7 corvette early last year before covid. drove it around but keep the mileage low. He just sold it back to the same dealer for 15K more than he paid for it. I was blown away. unreal.

Re: Dealership services Dpts over’ld fixing salable clunkers [Re: beatgoeson] #2948581
07/29/21 04:14 PM
07/29/21 04:14 PM
Joined: Oct 2007
Posts: 4,315
St. Louis, Mo
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318 Stroker Online content
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My 2010 Challenger V6 with 46k just got totaled. Got a great price from the insurance company for it.
But now I'm out looking for a newer R/T. Found a 2018 R/T Shaker Plus with 33k on it, ask is 34,500.00... eek
Don't know whether to try and negotiate a deal on it, or just drive my 2011 4wd Dakota for 6 mos and see if the used car prices come back to earth.

Last edited by 318 Stroker; 07/29/21 04:15 PM.
Re: Dealership services Dpts over’ld fixing salable clunkers [Re: 318 Stroker] #2948614
07/29/21 05:55 PM
07/29/21 05:55 PM
Joined: Jan 2003
Posts: 43,458
Round Lake Beach, Illinoisy
Rhinodart Offline
Rhinotruck
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There were 6 new vehicles in the 1 million square foot lot at the Belvidere Chrysler Assembly plant yesterday, and none of them are built there! eek


The funny thing about science is that if you change one miniscule parameter you change the entire outcome to the way you want it.

JB Rhinehart, Realist

A-Body's RULE!
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