Gas prices got ya down? Look at the bright side with me....

[Clarence]

I just bought a 2007 Chevy Tahoe LTZ 4WD with 18000 miles.

Navigation, rear entertainment, everything but a roof. $45000 sticker.

I paid $24000.

[mfer]

That'll leave some money for gas!

[Peter Messmore]

That's a great deal Ed, Peter

[Clarence]

Whats great is that is may APPRECIATE as we head towards winter, especially if oil stabalizes. Plus Mama's happy, and we all know what happens when mama aint happy....

[Welshwatchman]

Originally Posted by Clarence

especially if oil stabalizes.

Nothing wrong with a bit of optimism.

[oneillba]

If nothing else, you have a great vehicle to watch movies in!

[pwrslider]

nice move....I'm in negotiations right now for a 07 GMC Yukon XL...about 20k miles....for 24K...........of course with GPS and DVD! And White to boot...looks better for those wrist shots!

[etp095]

congrats on your new truck,i really love the new body style tahoe's.i'd get the all black with the polished factory aluminum wheels,that is so sharp of a ride.

[Clarence]

Originally Posted by etp095

congrats on your new truck,i really love the new body style tahoe's.i'd get the all black with the polished factory aluminum wheels,that is so sharp of a ride.

Thats what I got, pics to follow!

[nwg]

Driving is coming too expensive for me. I am in the UK and just paid £5.85/$11 for a gallon of petrol plus road tax and insurance is going up every year. On a plus, my car can do 45mpg despite being 10 years old now (did 60mpg when new).

[1MAC]

Originally Posted by nwg

Driving is coming too expensive for me. I am in the UK and just paid £5.85/$11 for a gallon of petrol plus road tax and insurance is going up every year. On a plus, my car can do 45mpg despite being 10 years old now (did 60mpg when new).

I assume you mean imperial gallons, not U.S. gallons?

[nwg]

Originally Posted by 1MAC

I assume you mean imperial gallons, not U.S. gallons?

Yes. There is 4.54 litres to one gallon.

[scottschoe]

5 dollar/gallon gas and 15MPG in my midsize car are not a great mix, but it sure beats staying at home.

[daveathall]

Originally Posted by scottschoe

5 dollar/gallon gas and 15MPG in my midsize car are not a great mix, but it sure beats staying at home.

Sure beats buying gas in the UK.

[pwrslider]

i have a photo somewhere on my computer of a black tahoe..all blacked out..with black rockstar wheels...........looks very cool. If I can ever find it..I'll post it for ya!

[Clarence]

Originally Posted by pwrslider

i have a photo somewhere on my computer of a black tahoe..all blacked out..with black rockstar wheels...........looks very cool. If I can ever find it..I'll post it for ya!

Please do, I believe the kids call that "murdered out".



edit:

Beat ya to it. By the way, my camera was on the back bumper to take a pic and I drove away with it on there, my neighbor was gracious enough to drop it off today, a little worse for the wear...

[unclesallie]

Originally Posted by Clarence

I just bought a 2007 Chevy Tahoe LTZ 4WD with 18000 miles.

Navigation, rear entertainment, everything but a roof. $45000 sticker.

I paid $24000.

wow! they must be DESPERATE out there. man, that pays for (literally) tons of gas, even if gas goes to $5 or $6/gal.
best,
dan

[Clarence]

Originally Posted by unclesallie

wow! they must be DESPERATE out there. man, that pays for (literally) tons of gas, even if gas goes to $5 or $6/gal.
best,
dan

Being in the car business myself, the current state of the union has CRUSHED wholesale prices of V8 SUV's, many pickups, even diesel's! I would hate to be a leasing company with these heavy riders coming in off lease... especially manufacturer subvented lease with artificially high residuals. Just another reason to lease vehicles IMHO.... You buy what appreciates and lease what depreciates!

[pwrslider]

Here they are....not my car or photos...but I've been in contact with the actual owner to see if I could do the same with my suburban...

[BiG JeEzY]

Originally Posted by pwrslider

Here they are....not my car or photos...but I've been in contact with the actual owner to see if I could do the same with my suburban...

Ehhhhh....

Looks good but personally I'm not a fan of the black on black look. There should be more color than that. Unless the SUV has really strong headlights, it will still be pretty hard to see during the night. I found white to look pretty awesome with black rims...

[Clarence]

Well here's a couple pics! Sorry the truck is dirty, it's getting Simonized today so maybe I'll use these as before shots...

[jdc]

Have a laugh in the midst of despair.

http://www.geckotales.com/gas-price-jokes.htm

[unclesallie]

Originally Posted by jdc

Have a laugh in the midst of despair.

http://www.geckotales.com/gas-price-jokes.htm

(just thought I'd try a JJ post..but it is funny..thanks, for a laugh in an otherwise miserable situation. i need to buy another vehicle, and my dealer friend in California who's been in the business for over 30 years, says any large SUV will have zero value by fall, 08. So he's telling me to wait, better deals on big SUV's are on the way...but you'll have to keep em for the life of the loan, and get insurance to cover you if it gets hit in the first part of the loan, and essentially not tradable...but the savings will be enormous. maybe i should buy a VW?
best,
dan

[Clarence]

Originally Posted by unclesallie

(just thought I'd try a JJ post..but it is funny..thanks, for a laugh in an otherwise miserable situation. i need to buy another vehicle, and my dealer friend in California who's been in the business for over 30 years, says any large SUV will have zero value by fall, 08. So he's telling me to wait, better deals on big SUV's are on the way...but you'll have to keep em for the life of the loan, and get insurance to cover you if it gets hit in the first part of the loan, and essentially not tradable...but the savings will be enormous. maybe i should buy a VW?
best,
dan

In keeping this thread on track....

I have an intimate relationship with the wholesale values of used vehicles. From my perspective, watching 2007 Expeditions with 20's on the miles selling in the $17000's, 2008 Tahoe LS's with teen miles selling in the short $20,000's, we are at the bottom of the market. As we creep towards winter again, prices will only stabalize and may possibly increase, especially in the Northeast markets. Happens every spring with convertibles and sports cars, and every fall with SUV's and pickups. People still need these vehicles, folks! When is the best time to buy a boat? Certianly not right now... I would shoot for November or December. If a dealer tells you the best is yet to come, its because he has alot of water in his used car inventory, as most do. Things will get better for him when he sheds his heavy inventory and buys or takes in SUV's and trucks on "Todays money", when he can call and offer you a "DEAL"!


Just a quick lesson on the used car biz...
At least in my market, now is the time to buy the "Heavy Riders"

[Travis]

Originally Posted by Clarence

we are at the bottom of the market.

Many analysts disagree. If oil hits 200/barrel, the large SUV market will continue to rapidly depreciate.

[Ursa Major]

Well played, Ed. It's an interesting phenomenon when you run the numbers (most people don't). If you drive 15,000 miles/year (I think that's still the national average), you're using 1,000 gallons per annum at 15mpg. If you dump your guzzler and pick up something that gets 25 mpg (hard to find a family vehicle that'll do that in the real world) you're using 600 gallons. Even at $4/gallon, that's $1600 per year in incremental spend. I know people willing to dump vehicles they'd planned to keep for several more years and take $10-20k in unplanned depreciation to save $1600 a year in gas. Apparently, math is hard. There are some sweet deals on '06 and '07 Range Rovers out there in panic-land.

Originally Posted by Clarence

In keeping this thread on track....

I have an intimate relationship with the wholesale values of used vehicles. From my perspective, watching 2007 Expeditions with 20's on the miles selling in the $17000's, 2008 Tahoe LS's with teen miles selling in the short $20,000's, we are at the bottom of the market. As we creep towards winter again, prices will only stabalize and may possibly increase, especially in the Northeast markets. Happens every spring with convertibles and sports cars, and every fall with SUV's and pickups. People still need these vehicles, folks!


Just a quick lesson on the used car biz...
At least in my market, now is the time to buy the "Heavy Riders"

[Travis]

Originally Posted by Ursa Major

Well played, Ed. It's an interesting phenomenon when you run the numbers (most people don't).

Great point. Like 0% financing, high gas prices give people a warped justification to buy a new/different car even though the depreciation hit is usually more than the percieved savings.

[astcell]

Gas pices may have doubled in a year, but Rolex prices haven't!

[Clarence]

That looks great, but I think you have to go all the way and flat black the paint. My girlfriend wont let me... but I would if I could!

(I bought the Tahoe for her....)

[Uncle-AJ]

Gas prices don't get me down, I pay 16 cents a litre...........................Sorry.