Market correction= MSRP. The days of 5-10K off sticker are over....
Also, for @todayusay you should run a poll on who paid cash and who financed for 10 years. I think you'd be shocked. The young families or schoolteachers that you discuss are buying Tellurides, Palisades, and Santa Fe's, Not Denali's and Tahoe's. Boats and RVs are in a completely separate category.
And for @RVAHokie If you make 400 a year and an 80K vehicle scares you, you must be mismanaging your money or live on the east or west coast. I've never made any money anywhere near that, but I was taught by a wise financial advisor in my 30's to pay myself 1st, Live Debt free within your means, and invest and let time do the rest. It's a tough row to hoe for lots of young families today.
that's the reason I added in that those families aren't coming on forums...
HD ram forum is tracking almost 1450 2500/3500s...of those over 1000 are Laramie and above...500ish are Limited and above (+$90k trucks) while Tradesmans dominate the roads and there are only 102 on the list (I'd guess tradesman and laramies are their best sellers as that is pretty much all you'd see on the lots back when inventory was a thing
on ram's website, within a 250 mile radius of Dallas, there are 1400 HDs on their online inventory
Tradesman - 555
Big horn/Lone Star - 209
Laramie - 499
Limited - 22
Limited Longhorn -72
the most expensive trucks represent less than 7% of inventory but they represent over 30% of online users...cheapest trim is 40% of inventory but tradesman owners are less than 10% of vehicles being tracked
Tahoes are similar...
you think the majority pay cash for these SUVs and I simply think that they don't - not saying they finance the whole thing, but they have a car loan of 5-8yrs where they are paying $400-600/mo - we each have our opinion.
I'll agree that anyone buying a $90 -120k vehicle may very well pay cash, but those aren't the majority of these vehicles going up and down the road. Unicorns of the road