It really is sad. I’ve been a GM fan since I started driving but that might be over with. I don’t buy new cars because they’re a horrible investment but I don’t think GM has made anything from 2015 on that I’d be willing to buy at 10 years old, maybe not even 5 years old. The paint is falling off of everything, the engines don’t last, the transmissions shift terrible, the leather feels incredibly cheap, everything creaks, rattles, moves, or wiggles when you touch it. You bump a shopping cart and damage $5k worth of parts. They start discontinuing all the parts at 5 years old now. At least sell the parts since they break all the time. I honestly don’t know what I’ll buy after what I have is no longer viable because I feel like there is no option but to get fleeced with these newer vehicles. They’re making it easier and easier for me to buy German again though.
Should I be hesitant to buy a 2023 Yukon Denali Ultimate?
- Thread starter Donnation
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It really is sad. I’ve been a GM fan since I started driving but that might be over with. I don’t buy new cars because they’re a horrible investment but I don’t think GM has made anything from 2015 on that I’d be willing to buy at 10 years old, maybe not even 5 years old. The paint is falling off of everything, the engines don’t last, the transmissions shift terrible, the leather feels incredibly cheap, everything creaks, rattles, moves, or wiggles when you touch it. You bump a shopping cart and damage $5k worth of parts. They start discontinuing all the parts at 5 years old now. At least sell the parts since they break all the time. I honestly don’t know what I’ll buy after what I have is no longer viable because I feel like there is no option but to get fleeced with these newer vehicles. They’re making it easier and easier for me to buy German again though.
Just VERIFY it has Apple CarPlay. Some GM vehicles do not. They can be difficult to resell without Carplay. I would not hesitate. Any vehicle with a normally aspirated V8 engine that is not a hybrid is in very high demand. Get one while you can.
vcode
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I seriously doubt he is going to go from a 2021 to a vehicle 15-20 years older......
Seen it happen when someone gets fed up. He asked for opinions. I gave mine. My reasoning stands.
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Donnation
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No, I wouldn't do that.
vcode
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Figured as much. No way I was going backwards from my 2010 when I sold it.
Understood the "extras" on the higher end trims are nice, and if you have the disposable income laying around, go ahead. You probably drive yours more than most on here...I'd just go back with another Z71 or AT4 in a color that isn't everywhere (or wrap the new one) to make it stand out from the crowd.
there's the opinion of waiting until the 25s come out, but I'd rather pick up a new 24 mid summer and by the time you get ready to trade it, it won't be as bad on the trade value with the higher miles than if you bought during the first run of the 25s.
example...we have a 2023 Z71 with 60k, bought in Sept 2022. Wish we'd been able to find a 2022 back then because the book value is easier on a 3yr old vehicle with 25k/year than a 2 yr old vehicle with 35-40k/yr...that is how we used to be able to buy pre-covid, pick up last year's model, drive for two years, and then trade out of it
2021 with 90k...unless you're paying mostly cash, i'd think the rates on anything used would be a tough comparison against new rates
there's the opinion of waiting until the 25s come out, but I'd rather pick up a new 24 mid summer and by the time you get ready to trade it, it won't be as bad on the trade value with the higher miles than if you bought during the first run of the 25s.
example...we have a 2023 Z71 with 60k, bought in Sept 2022. Wish we'd been able to find a 2022 back then because the book value is easier on a 3yr old vehicle with 25k/year than a 2 yr old vehicle with 35-40k/yr...that is how we used to be able to buy pre-covid, pick up last year's model, drive for two years, and then trade out of it
2021 with 90k...unless you're paying mostly cash, i'd think the rates on anything used would be a tough comparison against new rates
Stbentoak
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I buy new and keep 6-7 years. I see how they are acting after my extended warranty gives out. If they are trouble free, they hang around a little longer. If they got problems, they are gone. Not going to have to many more cars in my lifetime, so getting a new one here or there is one of my last pleasures....
I hate making monthly payments or a large outlay of cash if buy outright. IMO, it is more fun buying older, in great no rust condition, and doing the work myself and doing it my way or paying to have it done. Way less money. I want my social security and retirement savings to stretch out. I work on the side to supplement and because it is fun for me and keeps me active AND, I only work on what I want and on my schedule.
because we drive a lot, not crazy about buying something with 50K miles and then going to 130k...even pre-covid the 1-2 yr old vehicles with low mileage weren't selling at any great savings over buying a new vehicle at +20% off, and sometimes, like now, it was even the same money for used vs new. could make the argument that buying used now only makes sense in rare instances - not talking about an 8yr old something...new vs a couple years old.
also not against driving an extra hour or two to save thousands on a new one. sure we'd all like to help the local dealer out, but not at a cost of $4k.
there has to be a mileage threshold at some point. some people put 10k/yr on their vehicle while others put 50k-60k. we've been at 40k/yr for the past 5-6yrs on the "family vehicle" (yukon or tahoe). 85k+ per year across three vehicles.
kept one tahoe until 225k and another to 120k and ended up with two monthly payments both times (note and repairs). would rather have the monthly payment that brings a peace of mind from a reliability standpoint. through the years we've been able to transfer equity so we don't have the crazy high payments either
just my perspective - flawed as it may be
You did the right thing!
KMeloney
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I'm loving my '23 Denali. Sure, there are some things about it I'd change, and I'm aware of the 6.2 problems. But a buddy just had his full-size Audi SUV black out and shut down on him mid drive (and he still doesn't have it back after 3 weeks), so I know that it's not only GMs that have problems. I, too, purchased a full warranty on my vehicle, so if it develops problems, I expect to have them remedied. In the meantime, I cross my fingers, and love looking at and driving this thing.
Smokin Denali
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Don't! Sand 6.2 Eng with BIG failure [email protected] Winter..with 3 weeks wait on parts... RUN! See the new Jeep Wagoneer w Hurricane Eng! Been there 2x....
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