'19 vs '21 comparison. 8spd vs 10spd

TNTSierra · January 6, 2021

12 hours ago, BluegrassMotorsport said:

Yeah I'd say you're right here. A GM rep told me at one time the Escalade Platinum was selling at 100k with about 32k of parts in it haha. Crazy profit margins and they own that space. Gotta keep the those buyers happy. But the truck market isn't far behind. Although, it amazes me how many people aren't aware of the 8spd shortcomings even after all these years. A buddy of mine bought a '20 RST a few months before me. His is the 5.3/8spd. I tried to talk him into the 6.2 or a higher trim level to get the 10spd and he looked at me like I had three eyes in my head. They still sell tons of them.

So I was doing some car reading this a.m. and come upon this article, and it makes claim on what I was talking about!

https://www.caranddriver.com/news/a35131404/2021-cadillac-escalade-sales-price/

Unreal that over 43% of people are spending over $100k on Escalades! GM's CASH COW for sure!

Troger · January 6, 2021

33 minutes ago, TNTSilverado said:

So I was doing some car reading this a.m. and come upon this article, and it makes claim on what I was talking about!

https://www.caranddriver.com/news/a35131404/2021-cadillac-escalade-sales-price/

Unreal that over 43% of people are spending over $100k on Escalades! GM's CASH COW for sure!

Yea that is crazy but have you noticed how we are now conditioned to the new normal of $50K now on a run of the mill car or truck, not top trim level. Growing up, although I am 51 now, a $15K vehicle seemed crazy.

ETA: Value of 1980 US Dollars today. The inflation rate in the United States between 1980 and today has been 235.17%, which translates into a total increase of $235.17. This means that 100 dollars in 1980 are equivalent to 335.17 dollars in 2020. In other words, the purchasing power of $100 in 1980 equals $335.17 today.

Edited January 6, 2021 by Troger

OnTheReel · January 6, 2021

If I had to guess after this past year, you ain’t seen nothing yet for inflation.

Wonder what GM is going to do with the Escalade now that the plan is to electrify the whole Cadillac brand. It would be stupid to walk away from that kind of money. But maybe in a few years nobody will want a gasser anymore.

Troger · January 6, 2021

33 minutes ago, OnTheReel said:

If I had to guess after this past year, you ain’t seen nothing yet for inflation.

Wonder what GM is going to do with the Escalade now that the plan is to electrify the whole Cadillac brand. It would be stupid to walk away from that kind of money. But maybe in a few years nobody will want a gasser anymore.

Yea pretty soon you will need a box of currency to even buy a loaf of bread. Extreme dollar devaluation and inflation are on the way. Maybe I'm exaggerating a little ; ) but currently doesn't look too good.

Edited January 6, 2021 by Troger

TNTSierra · January 6, 2021

3 hours ago, Troger said:

Yea pretty soon you will need a box of currency to even buy a loaf of bread. Extreme dollar devaluation and inflation are on the way. Maybe I'm exaggerating a little ; ) but currently doesn't look too good.

I’m so worried now with new president that he and the rest of the democrats are going to raise gas to over $4 or higher per gallon to push for more electrification! Ugh. I’m not ready to get rid of my gasser anytime soon. I also enjoy my boat during the summer at the lake house. Gonna have to take out a small mortgage to run it this summer

And also, I sold my dads 97 c/k last year (still kicking myself in the @$$ for that one) and the sticker on it was $16,758. Now 23 years later truck with the way its optioned is around $50k like you said. Now I realize there are rebates and it has a screen in it, and a few more safety features, but come on gentlemen. This is out of control. Still if you got it for $40k. That more than double!