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I love it when American car companies screw people over! I mean, you buy a brand new Dodge Pickup for maybe $800 over invoice and you think you got a great deal and that your vehicle will hold its value down the road. Then DC offers $2k cash back, then Ford and Chevy offer it too. So DC jumps to $3k and then Ford and Chevy return fire, so DC jumps to $4k, then $5k and now they are at $7k! So here you are with a $46k pickup that just took a $7k loss on top of the depreciation value during the last 2 years. I love owning a pickup that I paid $46k just 2 years ago that's worth maybe $26k. Thanks DC! Here is the ironic part... My local DC dealership sent me a letter saying they are looking for trade in and want to offer me a sweet deal on a new 2007 Dodge Ram. I would love to buy a new 6.7 Cummins 350hp/650tq RAM, but since I still owe $32k and the trade in value is $25k I can't take a $7k loss to buy a new one. Funny.... $7k difference is exactly the amount that DC is offering for a Cash Back.
I never had that problem with my Tundra. Paid $33k for it new, owned it for 3 years put on 43k miles owed $21k and Dodge gave me $22k for trade in. Could it be that Toyota did not have $7k cash backs that devalued my Tundra?
I never had that problem with my Tundra. Paid $33k for it new, owned it for 3 years put on 43k miles owed $21k and Dodge gave me $22k for trade in. Could it be that Toyota did not have $7k cash backs that devalued my Tundra?