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16 minutes ago, Thomcat said:

Not really an accurate measure considering the advanced education and increased opportunities afforded me over my dad's generation. In his best year my father at the same age made less than 20% of my salary at retirement 50 years later. And his last house sold went for 16% of what my last house sold for 20 years later....a really inaccurate indicator since today the house he sold would easily go for 2000% over what he sold it for and at least double what mine current one is  worth. The Hershey bar is the only real accurate indicator of inflation.

I'm sure you're right but it's maybe a bit more comparable for us because my dad and I have similar education (we're both engineers), albeit in different industries working for different sized companies. We're also living in the same city.  And you're right about the variability in the housing market. 

Edited by Cpl_Punishment
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25 minutes ago, Cpl_Punishment said:

And if your POS dies before you do? 

 

I'm leaning towards a Tundra but they have weak payload, ludicrous fuel economy, leaks at both ends, no transmission cooler as of 2019 (meaning ~50 degF higher transmission temps than the ones that ran for a million miles) and they're full of safety technology that was also rushed to market and tends not to work right. 

I hear you......I just flat refuse to spend my money on rushed to market crap.

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I usually don’t respond to these type of posts but I’ll chime in my two cents. 

My 19 TB has had the leaky rear glass, blue screen of death, and small shutter while cruising, all which was fixed.  If you think about it, any new mechanical and electronic machines ( vehicles,  atvs,  snowmobiles,  heavy equipment, etc...) have and will have some issues.  I work for CAT and it’s very common for $40k to $1M pieces of equipment to have bugs of some sort.   It is what it is really.  It’s not the end of the world. Find a dealer that has good techs that can troubleshoot and fix shit.  

It seems as tho a lot of peeps on here cry and whine about most piddly stuff and act lik it’s GM’s fault they don’t like something.  Remember nobody forced you to buy a GM and there is plenty of fords and rams and Toyota’s that are most likely problem free.  Again this is just my 2 cents , agree or disagree.  

 

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35 minutes ago, mistaare said:

Just curious what is your mpg? 

Total @21. On the hwy just normal driving 23 may little better. Hard to believe how smooth the engine runs. My last GMC was a 2014 5.3 6 speed drove it 55000 before traded in on this one. Only problem with the 14 was a small coolant leak that GM took care of. This one feels much more refined did not appreciate the tail gate when I first bought but really find it handy. Happy camper so far.   

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10 hours ago, ct_corey said:

there is no what that truck is worth what you paid.

I paid $37,xxx for my ‘18 SLT. I had a dealer offer me 36k trade and 12k an AT4. Didn’t do it because I wanted to see if the ‘20s had the ACC. Glad I waited. Will probably trade this spring. 

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5 hours ago, Thomcat said:

Yeah, a trade....try sell it back to the dealer for that price or go to Carmax and see how much cash they'll give you....that's the true worth of the trade. I can get what I paid for my '18 Traverse, provided I buy a new one for close to MSRP and with a Silverado there was a helluva lot more wiggle power. I paid $42K rollout including tax and tags for a $56.4K MSRP '19 and they gave me $32K trade in allowance for my '16 Silverado (original MSRP $47.2K) which listed a Kelly Blue Book in excellent condition for $28.5 and which I only asked $30K. Why because with a trade the ONLY thing that matters is the bottom line, not the MSRP, not the Invoice and not the value of the trade.

 

Test rode half a dozen to break chops and wear them. I decided on the $56.4 MSRP RST and returned the next day, same way I always buy them. Blew off the salesman and went to the sales manager and said "let's dance". My bottom line is $42K out the door on that overpriced RST that's been sitting for over 4 months, adding who was stupid enough to order a $42K vehicle with over $14K in options pricing it above a LTZ. I don't care how you break it down or play with the figures but the bottom line on the bill will read $42,000...for a balance of $12K cash and my trade.......money talks bullshit walks. How he did it was to write up the trade for $3.5K over KBB excellent which was $2K more than I asked and even saved more money on the included tax differential.

 

Bottom line was I paid $12000 cash for a '19 RST that MSRP stickered for $9,200 more that the 3-1/2 yo '16 and including saved $1000 in differential sales tax and $50 in title and tag transfer. That's a total layout of $1,750 in vehicle cost equivalent to paying off $45/mo. for the 39 months I owned it - try and rent a lease one for that!  That convoluted logic is how I rationalize it and wife's been going along with it for the past 48 years.

 

And as far as trade in value, forget teething pains on the new one, I never buy the last year model before a body change. Yes they are more likely to be more dependable if not older tech. But consider this: in 2021 the '19 will still have a current body style and the '18 (and fake '19 LD) will have a 5 year old body style.... demand will dictate a much higher trade value for a new design model than a 5 year old discontinued design model.

 

 

And as far as my decision in dumping a cherry '16 in favor of the new T1 and glad I did......has the later 8 speed with stock Mobil 1 fluid and non rattle GM front axle......no problems whatsoever.....even the notorious roof pop settled down to a slight tick......great ride, everything works perfect, even the dealer installed OEM Nav.....and the all around LED lighting, especially the 6 individual LED headlamps on high beam is fantastic, the small lens HID projectors with shutters on low beam on my former '16 were piss poor in comparison..

 

 

I bought my ‘18 SLT for $37,xxx July 31st 2018. This past March or April I had a guy come to my work (bank) and offer me $37k for it. All the guy does is guys vehicles and takes them to the auction. He said he typically makes $500 or so per car. I’ve seen him a total of 4 times in my work  buying vehicles off my clients. His model must work because his business was also a client and had hundreds of thousands of dollars in the bank. 

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8 hours ago, spizike9 said:

I bought my ‘18 SLT for $37,xxx July 31st 2018. This past March or April I had a guy come to my work (bank) and offer me $37k for it. All the guy does is guys vehicles and takes them to the auction. He said he typically makes $500 or so per car. I’ve seen him a total of 4 times in my work  buying vehicles off my clients. His model must work because his business was also a client and had hundreds of thousands of dollars in the bank. 

Not quite what I'm talking about, a trade in to a used car lot or dealership where the value of the trade shown is linked to the % reduction from the MSRP of the new vehicle. Also in the U.S. where they report cash transactions over $10K to and are monitored by a few Agencies in the the US Government.

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8 hours ago, spizike9 said:

I bought my ‘18 SLT for $37,xxx July 31st 2018. This past March or April I had a guy come to my work (bank) and offer me $37k for it. All the guy does is guys vehicles and takes them to the auction. He said he typically makes $500 or so per car. I’ve seen him a total of 4 times in my work  buying vehicles off my clients. His model must work because his business was also a client and had hundreds of thousands of dollars in the bank. 

There is no way any smart person who flips cars is going to gamble 37k on only a 500 dollar profit. something isn't right. 

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16 minutes ago, ct_corey said:

There is no way any smart person who flips cars is going to gamble 37k on only a 500 dollar profit. something isn't right. 


 

Well maybe he makes more then. I know he bought my managers 4Runner from him. My manager tracked the vin and he found it on a dealer lot in CO a couple months later. 

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24 minutes ago, ct_corey said:

trading in and buying another truck at the same time is a different story.  They offer you more for your trade knowing they are making money on the new truck. 


i personally think it’s different. The dealership that offered me 36 trade on my truck had used ‘18s on their lot at that listed between 40-41k and they are a no haggle dealer. Both of those trucks listed had double the miles of my truck too. You figure they make around 4-5k per used truck. I also had to fight to get them up to 36k trade for mine. They only wanted to do 35k originally. 
 

But I did have a Chevy dealer offer 38.5k for my trade but they weren’t discounting the truck as much as the GMC dealer so it was essentially the same deal. 

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19 hours ago, 2017Darkness said:

That tech has been in use in GM trucks well before the T1's came out. Goes back to at least 2014 or so. 

Well ... then I learned something because both the NJ and LI service departments thought it was new for the 2019.

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