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woolsocksandsandals t1_ixch0s6 wrote

They have not. I keep a pretty close eye on inventory and prices of a few different vehicles I’m interested in replacing my current vehicle with and the only change in prices on cars built 2016-2018 in two years have been increases.

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woolsocksandsandals t1_ixckkkt wrote

Be glad you’re not looking at trucks. They’re even worse. A decently equipped decent shape 10 year old truck with 175,000 miles can be 15-20k. Notice I used the word decent. Really excellent ten year old trucks, or decent diesels, have stupidly high prices. If someone’s selling a truck for under 10k I guarantee it has some kind of major issue that’ll cost thousands to fix.

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basementfrog42 t1_ixcna3g wrote

i saw an ad for a 2009 truck with 114k miles and it was listed for 11.5k. insanity.

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redditthrower888999 t1_ixcrfhz wrote

Setup alerts. I know people hate FB but FB Marketplace seems to have a bit more used items. The filtering kind of stinks on it. I've seen decent deals but you have to be quick, I've seen items go up and within an hour it's gone. The items that are left up are overpriced.

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goddammnick t1_ixcvi0i wrote

the bubble hasn't popped yet but is close, if you can wait another month or two you should see way better prices.

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FaustusC t1_ixcxc0n wrote

Honestly?

Make a dummy account with a similar name and use it for Marketplace. I have no friends, nothing on there but a basic boomer profile pic.

But stuff I want comes up on Marketplace all the time, so, it comes in handy. Just disable all notifications and it's not an issue.

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woolsocksandsandals t1_ixczb92 wrote

You know, it’s funny Toyotas used to be the trucks that were way over priced on the used market but they’re actually more reasonable than the Chevy, GMC, Ford and Dodge trucks out there. They are still exorbitantly expensive, but they tend to be in much better shape when compared with trucks of other makes with similar price, mileage and age.

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Manitcor t1_ixd1ao3 wrote

principal is sometimes better than deals, that place is highly corrosive and does not deserve anyone's time. even supporting it with alts keeps it around.

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RelationshipBig2798 t1_ixd3enk wrote

Look how much diesel is and diesel vehicles are still up. Used junkers are still sky high.

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Think-Cow-8944 t1_ixdg8h5 wrote

A little.

My husband owns a used car dealership and a month or two ago, we had to bring the price down on a lot of cars (ranging anywhere from $500-1k less) since they weren't really selling well.

I haven't asked him how the auction prices have been doing but it's funky right now, if I remember correctly.

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movdqa t1_ixec4rb wrote

Craigslist isn't representative of markets from my experience. The items that you see a lot are the things that don't sell. Stuff that is correctly priced in the market goes very quickly and most people casually looking at the site wouldn't see those things because they are gone quickly. The problem is that other sellers see the prices of the stuff that doesn't move and they price their stuff similarly.

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jkarovskaya t1_ixeljpe wrote

Not in the 2022 market in New England

An average 4wd 2009 GMC or Ford pickup with no rust, no accidents, and good maintenance could easily sell for more than that.

Even 20 year old trucks in good shape are still worth 10K in many cases, because a replacement is $45-60K new if you can even find one on a dealer lot

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HowardNelsonJr t1_ixewp2v wrote

I can not wait to capitalize on upcoming price drops on used cars. My 01 is pretty tired haha

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jdmiller321 t1_ixg5q59 wrote

Until supply increases the price will stay up

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jdmiller321 t1_ixh9j7f wrote

Don't worry as people can no longer afford what's out for over priced new the federal government will want to do it again to encourage electric cars

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Chris_Fox t1_ixih842 wrote

They've started to slowly come down at dealerships. Just got a decent deal on a low mileage minivan that would have been way more a few months ago.

Private sales are the last to change prices with the market. People are willing to hold on to a vehicle hoping for a better price.

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