Anyone else think used car prices are outrageous

[buckeye4rnr]

I'm starting to look for a "new" truck or suv because a sports car isn't cutting it anymore and I'm blown away by how stupid some of these prices are.

One of my buddies just bought an 05 Explorer with 65,000 miles on it for $6,500 but that exact same car is priced AT LEAST $4,000 higher in every single ad I've found anywhere near Colorado. One dealership here said their bottom price is $13,000 for it.

I know Toyota's hold their value well but I've seen used Tacoma's with over 100,000 miles and an asking price of $20,000... the new price fully loaded is less than $35,000 with 0 miles on it. How can a truck only lose $15,000 of value over 10 years and 100,000 miles?

[jmg8550]

Perfect example of market dictating price. If people are willing to pay stupid prices, the price stays ridiculously high.

[sp1tty]

Which is weird, because when I was selling a truck a couple of years ago I couldnt give it away. It was a clean 2005 Toyota Tacoma with the V6, Auto, 110k miles, and I was selling it for 13,500. I got 3 phone calls in a months time. I ended up trading it in. :/

I realize that the economy was in shambles, but I figured being priced 3-4k under similar trucks would have for sure moved it very quick.

[ruthabagah]

Agreed.

And because there isn't that much recent used car available you also have to deal with the used car salesman attitude..... The same folks who were begging for a job 6 month ago are back in their jack@ss habits.

In the other hand, if you have a car for sale this is the moment: I posted a 2006 4 runner for sale on Craigslist on a Tuesday night for 15k thinking I would let it go for 14500. It was sold and gone by Wednesday Morning full price!

[Rooskibar03]

Thank cash for clunkers for taking many a used car off the market before its time and totally jacking up the new car sales.

You are also in truck buying season here in Colorado. Been selling for 11 years and see it every year. April everyone dumps trucks and SUVs because of gas prices. On the fall they all buy them back.

[bigshane]

Thank cash for clunkers for taking many a used car off the market before its time and totally jacking up the new eta: and used car sales.

+1 for this, not to mention the used-parts market taking a hit, now and in the future, for all those thousands of cars taken out of the natural cycle prematurely.

[CO Hugh]

Thank cash for clunkers for taking many a used car off the market before its time and totally jacking up the new car sales.

You are also in truck buying season here in Colorado. Been selling for 11 years and see it every year. April everyone dumps trucks and SUVs because of gas prices. On the fall they all buy them back.

Thanks Barack Kardashian, save America.

[buckeye4rnr]

Thank cash for clunkers for taking many a used car off the market before its time and totally jacking up the new car sales.

You are also in truck buying season here in Colorado. Been selling for 11 years and see it every year. April everyone dumps trucks and SUVs because of gas prices. On the fall they all buy them back.

Luckily I'm just researching at the moment and I'm not ready to buy anything just yet, thinking spring. Hopefully prices will come down by then.

Which is weird, because when I was selling a truck a couple of years ago I couldnt give it away. It was a clean 2005 Toyota Tacoma with the V6, Auto, 110k miles, and I was selling it for 13,500. I got 3 phone calls in a months time. I ended up trading it in. :/

I realize that the economy was in shambles, but I figured being priced 3-4k under similar trucks would have for sure moved it very quick.

Too bad I wasn't in the market then because I'd love a Tacoma, especially one at that price.

[Goodburbon]

as has been said.

cash for clunkers.

Unintended consequences.

[Irving]

I want to sell my Amigo, and now is the time, but I want another truck to replace it. Woe is