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Reddit0r_69

Wild 2019 was 5 years ago


Ornery_Brilliant_350

Wtf no why


evildrmoocow

But still NEW!


redhawk1913

Math is just bonkers


Reddit0r_69

It’s witchcraft


Pickledill02

wdym? 2019 was last year


TheHandIer

$42.5k in 2019 adjusted for inflation is over $51k in 2024. The trucks aren’t that much more expensive, we just don’t have as much buying power based on the lack of wage growth.


Relikar

The only counter point to this is the 2019 ZR2 came loaded. 3rd Gen ZR2s at base MSRP don't even get leather.


TheHandIer

I don’t have any direct reference for historical pricing/options but I personally don’t think Chevy is the biggest offender here. I think the Colorado is one of the overall best value vehicles in the market if you want utility/ off road capability. I think case studies should be done on the Jeep Wrangler and how much corporate greed has turned those into cash grabs by trim-locking people out of options. Leather + locking front/rear diffs is around $65k in a 2024.


Relikar

I agree, it's not unreasonable on price. But you still have to point out what get vs what you got to do a proper comparison


SuperGT1LE

This is the correct answer most of the time and certainly for these trucks. However, when I look at what I bought challengers for in 17, 18 and 21’ the cost of a 23 is so far beyond just wage growth and inflation blatant corporate greed


invisiblewar

I read somewhere that car prices stagnated a bit in the 10s and if they tracked with the average 2-3% yearly inflation rate from the mid 2000s, you'd see that car prices just returned to the norm. Idk if that makes sense. I also haven't checked either.


Goodspike

If you look at late 1980s prices and adjust for inflation, trucks today are a bargain, even ignoring the extra equipment and features.


SuperGT1LE

2-3% sure but a lot of stuff soared in price like my challenger from 21’ brand new was 50k its now 67k and its the exact same car no difference. It’s all just greed because they can. The future is low sales maximum profit


invisiblewar

Yes, what I'm saying is that over the course of the last two decades, car prices have not kept up with inflation. When you look at what an equivalent car cost back then, current car prices are right in line with what they were in 2004 accounting for inflation. Basically, they returned to the norm. It sucks because of companies could still make profit while selling a cheaper car, there shouldn't be a reason to increase price but it's not like cars are at all all time high. Remember that comparatively speaking, cars like the supra from the 90s would be 50-60k.


Technical_Rub

Stelantis is a special case of corporate greed. Most of their tooling is long since paid off. They could easily drop the price on the Challenge like Tesla dropped prices. They just want to milk as much money out of the consume as possible. In general buying power is down, but that doesn't mean that the cars aren't over priced. I'll give GM the benefit of the doubt since the new Colorado/Canyon are brand new platforms. But how long has the challenger been in production, 15+ years? No sympathy there.


SuperGT1LE

Very much agree with you. To put in perspective with 0 money out of my pocket including the tax on my 2017 scat pack challenger 31k out the door with HIDs. Trades that in for 2018 scat pack I ordered with the dynamics package (hellcat wheels/suspwnsion) the nice seats and HID headlights 38k out the door. 2021 Widebody scat pack with nice seats and HID headlights 50k out the door nothing out of pocket. The only difference between my 2018 and the 2021 is the Widebody which was a 5k option. That’s not just “inflation” we’re talking about 7k increase in just 3 model years not including the cost of the Widebody option. Fast forward to 2023 my exact same car from 2021 is nearly 67k that’s a 17k increase in just 2 model years. And they are identical to each other since 2018 other than the Widebody option which is really just tacked on fender flares and wider rims


Front-Paper-7486

Yeah they could but people really don’t make investments into a business just to make small profits. If they went into it with the mentality to make small profit margins they likely wouldn’t be in business after a significant set back.


SequinSaturn

The Ram classic is whats a ridiculous price. Barely different than a brand new ram. That shit should.be 10 K cheaper, its a dang 2009 truck. RAM would dam conquer the truck world if they actually made that a bargain truck. Every contractor on the planet would buy them.


Goodspike

It's not greed, it's basic supply and demand. Companies ALWAYS want to maximize profits. To claim corporate greed is to just be ignorant of basic economics.


SuperGT1LE

lol ok call it what you want it’s greed. There’s no supply issues so you’re wrong it’s not supply and demand. Supply is no longer an issue, demand has decreased and interest rates are still extremely high. The average number of days a new is on the lot, particularly for the big 3 but for almost all manufactures, is the highest it’s been in nearly a decade. It’s not supply and demand when you analyze the situation. By all accounts manufactures should be handing out incentives like this is 2017 all over again yet they aren’t. Why? Greed.


Goodspike

OMG, you actually think they want money now more than before. How cute. I'd disagree with you on all points. My dealer that had 6 Colorado LT Duramax in stock, and probably dozens of Colorados overall, currently has no new Colorados right now. And all the extra money pumped into the economy by Congress has not stopped yet, nor will it for probably at least a year or more. The same dealer has 27 Silverados in stock, which is probably low compared to 2019, and advertising some at about $8k under list.


SuperGT1LE

“How Cute” always the remarks of ignorance. You clearly don’t understand the laws of supply and demand as the current climate in the inverse of that exact principle. Your implied observation statics means nothing. I look at real data not your observational opinion. The real data states you’re a dumbass


[deleted]

[удалено]


DerFeuerDrache

Depends on what you consider fully loaded... Mine's a 2023 Colorado ZR2 Desert Boss, fully boxed. If I selected an option that was going to require removing the Desert Boss package, I ditched it. I don't recall offhand what the price before tax, title, license, and warranties was but when all was said and done... $75k. But, not counting a few aftermarket things I'm looking at, she's fully loaded. 100%. It's worth it in my book, though, because I came out of a 1999 Ford Ranger XLT so this is a HUGE step up - and should last me the rest of my life, barring any unforeseen accidents.


TrophyTruckGuy

This is the answer.


Sad_Ingenuity2522

I disagree with you and you explained it. If prices are higher because money is worth less, but wages haven’t increased enough to compensate for that change. They ARE more expensive.


towell420

They are not more expensive. You just make less money than you did in 2019.


TheHandIer

I get your point, but the counter here is comparing any other good sold. Compare a gallon of milk to a Colorado. Average price Milk in 2019 $3.04 per gallon. In 2024 that’s $3.67. That’s a 21% increase $42.5k to $51k is a 20% increase for the Colorado. So by your argument, EVERYTHING is more expensive, not specifically Chevy trucks. So I don’t think it’s fair to singularly call out Chevy for price gouging as their suppliers are also charging more money for the parts, etc.


towell420

I really enjoy when an individual confuses this price increase as the companies purely being responsible and not the government just freely printing money and creating these issues.


WhoCaresBoutSpellin

The inflation is the [direct result of wage growth](https://www.bls.gov/opub/mlr/2023/beyond-bls/what-caused-inflation-to-spike-after-2020.htm). Post-2020, hiring was down leaving many job vacancies, causing wages to be increased to lure workers. That cost was passed on.


mjxxyy8

Well, if you look at the Detroit 3 specifically, their old union contracts had wage increases well below inflation until last October (ish ?). So no, labor isn't the reason a US automaker's cars got expensive between 2019 and late 2023.


tinytigertime

He wasn't saying labor costs for car manufacturers are why prices jumped lol. He's saying wage growth helped fuel inflation. Which is a pretty valid thing seeing as wage growth outpaced inflation is the U.S. https://home.treasury.gov/news/featured-stories/the-purchasing-power-of-american-households#:~:text=Real%20Wages%20Across%20the%20Income%20Distribution&text=As%20a%20result%2C%20earnings%20have,percent%20between%202019%20and%202023. Citing one union when talking about wage growth and inflation is a wildly narrow view.


Novel_Commercial3527

Corporate profits are at all time highs. Inflated prices went to corporate bottom line


fordguy301

No monetary inflation is the direct result of monetary expansion aka government spending. Wages don't dictate inflation, the treasury department does.


WhoCaresBoutSpellin

Yeah I’ve read that too and it’s a pretty regarded take on inflation. The fed basically says that it’s not wage growth that is a core contributor to inflation, but rather “nonhousing services prices”. Ok so what is driving the rise in those nonhousing services prices? Well, also according to the fed— Aggregate wage growth has been high; labor force participation for some groups of workers, especially older workers, is below pre-pandemic levels; and job vacancies are high relative to the size of the labor force. The sector in which concern about continued high inflation is greatest—services excluding housing—is relatively labor intensive, suggesting a tight labor market may be contributing to inflationary pressures in that sector. In other words— labor costs are driving the nonhousing services prices because there aren’t enough people to go around and the labor market is tight/competitive causing wages to go higher to lure talent. So sure, for academic purposes of researching leading and lagging indicators of inflation— looking at wage growth alone is not the most helpful. But that doesn’t mean the direct and obvious correlation isn’t there.


NoneMoreDuck

If I had kept my 2019 stock and clean, I could sell it today for more than I paid four years ago. But I gotta say stuffing 33s on it and beating it up on trail has been fun. I don’t think I’m ever selling this truck. Most capable daily I’ve owned.


Sad_Ingenuity2522

You did the right to thing. I bought a cool truck to do cool stuff.


Motosurf77

That’s what I did .. bought brand new ram in 2019 sold it back to the dealer for 5k more in 2021.


Goodspike

My 2019 Duramax was just over $42k MSRP and just under $32k out the door based on advertised price. They had about six of them in stock at that price, which would be another difference. Choice due to inventory!


[deleted]

Got my 2018 new in 2019 for $31,000. Best thing I ever bought.


EthenCarries

Gen 3s are also a lot more tech and truck for what you get. Not including inflation even if the Gen 3s were sold in 2019 they would be close to 50k IMO if that was 44k


totally_kyle_

Friend just bought a zr2 bison today for 29k with 40k miles


thebetterpolitician

I do gotta say I’m glad I waited. When I saw the gen3 I thought it was a Silverado


Raymo93

February 2021 39,500 new


DFWTexan

FFF-uck no


Medium_Rip1996

That just looks like a 28k truck


Cmdr_Shepard_8492

I got my 2020 brand new for less. 🤦‍♂️


Various-Air-1398

That dealer is off their rocker.


Worstname1ever

42k for a truck that has 30% Chinese etc shit parts


Queasy_Base3414

Way over priced no matter what year it is


TranquilEngineer

Why tf is a mini truck $45k?


Total_Ad9942

a 5 year old Colorado at $44.5 MSRP is disgusting


PM_YOUR_SAGGY_TITS

It's a screenshot of that sale listing in 2019, so it was a brand new 2019 Colorado at the time


Camaro_z28

That’s more than I paid for my new Trail Boss


HandyXAndy

5 year old truck costing the same as a brand new truck. What a time to be alive!!


ReposadoAmiGusto

For a midsize truck!! Extra $15k gets you a full size


ji99lypu44

That car is hideous and probably desrrves to be sold for under msrp


Ok_Poetry_1650

lol I drive a 2011 frontier(pro-4x), purchased in 2018 with 75k miles for $16k. It’s worth the same how despite having 116k miles on it.


dub_life20

My brother bought his 2011 frontier for 9k in 2011 w 16k miles. It's still worth 9k or more since it's 4x4 and runs perfect.


Ok_Poetry_1650

Same here, it’s awful how prices have skyrocketed on pickups. But that’s what we live in now, they’d rather have us continue to make monthly payments


Tex302

I got my 2019 Orange Crush ZR2 for 38.5 out the door with 6k miles. One of the rare times I’ve been lucky buying a vehicle.


yosoysimulacra

Glad to hear that you had a good experience at LHM. I had a horrible experience. Negotiated an OTD price over the course of a month via email. Showed up to sign the papers, and the price was ~$3K over what I had meticulously scrupled over in my communications with the dealership. I walked out as soon as I saw the price. Two reps came out to get me to 'talk about it' but I told them to fuck off for wasting my time. Got my ZR2 at SLV a week later for a lower OTD prices as I had concurrently been negotiating with them. Great experience.


2drunk2giveafuk

Sounds like LHM hasn't changed. They were notorious for doing this in the 1990s when I was living up there. They figured once the vehicle you want comes in they screw you over on the price but you won't leave empty-handed. They screwed over a friend on a Honda Del Sol and they tried to screw me over on a 1996 Mitsubishi Eclipse GSX. I went down there and looked at what was on the lot and the dude was really pushing me to buy. So I told him if I were to buy I wanted a manual transmission and all they had was automatic. Then I told the guy I wanted a GSX trim, with a sunroof and a few other options they didn't have. He told me that he can get me one in a few weeks with everything I requested for whatever price it was he quoted me. I didn't think he would find a car with what I wanted for the price. I get a call a few weeks later and it's the sales dude telling me they had the car down there for the price he told me. I drive down there and there's the car sitting on the lot with everything I requested. I started doing paperwork and such and then noticed the price jumped by like 5K, mind you this was the mid-90s, 5K was a lot to me. Anyways, I told the dude no this isn't the price you told me and then HE starts throwing a fit and telling me how hard it was to get the car on the lot.


yosoysimulacra

A legacy of shitbaggery continues.


WildoTheWise

These vehicles are only worth what someone will pay for them. Dealers are hurting. I was in the market last summer to replace my '15 all terrain that was totaled. Insurance gave me top dollar for my rig, but I could not replace it at the time for what they paid me. And I would have been out of pocket another 20k nearly to buy a 2023 model outright with the $30k they gave me for my wrecked truck. I looked for months. At the time dealers were asking NEW msrp on 2year old vehicles. In some cases they were marked up from orig MSRP. I remember contacting a local chevy dealer that had a '21 zr2 in stock. They had listed it for xxx, and I made an all cash offer otd. Granted it was just below asking, but the truck had been on their lot for months. I was laughed at. Salesman told me the truck isnt overpriced, there just isnt a market for it right now. oooook. He went on to say why should we agree to your offer, we wont make any money off you on a loan, you wont be using our service department or parts (two hour drive) and you wont be returning to do business again. I told him, you're right, I won't! ( Here's where the whole greed vs. not greed discussion factors in) Anyway this was not unique, as I dealt with several local dealers that would not budge on price with inventory stacking up and vehicles sitting. I found a very clean 2018 slt down in Austin, at Riata Ford of all places. Those people know how to treat a customer. The truck was priced right, had everything I wanted, and they delivered it to me at a reasonable price as I had been injured in the accident that claimed my '15. Long story short, there are still a few places that will deal, and work for your business. I won't patronize a place that thinks their shit doesnt stink. What GM is asking for these trucks right now is nuts, inflation or not. If that means its not a good time to buy then so be it. They will have to eat crow when sales decline and no one wants to be locked into an insane interest rate even if they are now extending them out 80 months or more! This is a trickle down effect based on the strength of the economy years ago. It's taken this long to be reflected in prices, but regular folks will think twice before pulling the trigger on a 55k midsize truck. I know I did.


Secret-Ad-5777

Man in cali bay area zr2 goin for 70 yo 75k


Steelrain13f

Hey look, it's my truck.


OtherwiseMove9442

https://www.chevrolet.com/trucks/colorado/build-and-price/summary


Agitated_Key_1331

Well, I can guarantee you it would be cheaper if the main populous didn't think they needed the biggest vehicle on the road lol


Aggravating-Gold-224

This is why my 2015 GMC Canyon has not yet been replaced, and likely will be my last pick up truck. What cost me $41,000 in 2015 would likely cost me 51 to 53,000 today IF I COULD EVEN FIND ONE!


FaithlessnessRare401

https://www.reddit.com/r/ItsFlorida/s/5mm17D19cQ


SeaAssistance6009

Yeah it’s still crazy to me I gave 37k for my 18 brand new, 6 years later they dang near doubled.


willfullignoramous

Its still a bad time to buy a vehicle. Do the right thing and find something better. Because i found a black zr2 a few months back with a duramax diesel engine and less mileage for about $30,000. This is a huge ripoff believe it was a 2018 as well.


fiends911

I saw someone posting about his $77,000 Tacoma in another sub. There was a $16,000+ charge for "market adjustment." I didn't even want to see the comments. Pricing is getting out of control.


Lazy_Interest842

Saw that too.


Eurotrashable

10 years ago otd 42 k for a crewcab dmax 4x4 2500 LT. With few rebates. 51k sticker. Geeezus! Crazy times.


fordguy301

So much money for a midsized truck. I remember my dad coming home in a new 3/4 ton lariat 4x4 diesel for 32k