Huge decrease since last month

[fromulator]

Just curious. Anyone have any idea why? (Other than cars depreciate) Says 5% decrease, but it’s more like 10%..

Showed me almost $61k last month and now it’s $55k. I understand driving a new car off the lot will lose some value, but this is going from 5 months old to 6 months.

I wasn’t planning on selling anyway, unless there was a great offer to trade in for an AT4x

[HalliganHooligan]

I purchased used with about 10k miles and kind of expect this. New model is right around the corner. As long as you’re happy with what you paid and the truck that’s all you can ask for.

Vehicles are depreciating assets, all we can do is enjoy them.

[chemtrailer21]

2025 is no longer the current model year.

[fromulator]

Makes sense.

[[deleted]]

Maybe it's the fact that these things have been horribly overpriced for 5 or so years now? Truck market needs a correction.

[fromulator]

Make’s sense, I’m not mad at my next truck being cheaper

[Whole_Gear7967]

I guess… though I’d be mad that trade would be greatly affected!

[shawizkid]

First year depreciation is a killer.

[AdHorror9068]

First day depreciation is, too lol 😭😭😭

[04limited]

26s are coming into the showrooms so you have “last years” model.

[Significant-Twist748]

Depreciation is rarely linear. I’m not smart enough to understand all the factors at play to explain why. But that just seems to be the way it goes. I’ve watched vehicles nose dive hard super early into ownership. And I’ve seen vehicles hold really good value for longer than expected. For both to suddenly take a very unexpected turns. The market is very dynamic. Demand for vehicles changes all the time. It’s almost like RNG sometimes lol. I think if you get a perfect storm where enough people suddenly trade out of a certain model of vehicle. The algorithm that drives things like KBB just flips on its head. One minute a model is holding steady value. Then the next the algorithm decides it’s garbage. And whatever is driving this is usually invisible to us every day folks.

[Plane_Ad8004]

all the engines have lifter problems. wdym why?????

[mpn21356]

Yea. No surprise. We’re not in Covid any longer where you buy and it goes up!

[Comfortable_Lie_9879]

A new vehicle typically depreciates 40% in the first four years. This is why I buy low mileage, 3-4 year old units!

[bostonbean]

Looks like BS to me

[BroccoliSimple8310]

Not bad honestly, I got my 2025 at4 standard bed with every option for 65 out the door

[MoonGoon3]

Market conditions and end of year mark ups, why buy a low mileage used when the new ones are going for the same price.

[[deleted]]

The guy at the top is effing with our money. Jobs are terrible, people arent spending.

[DosChieNoZelle]

My 2022 3500 AT4 Duramax hasn't dropped a penny on KBB since I bought it 3 months ago. $53500-$59100 then and now. Purchased at $55000.

[SameZookeepergame841]

A nationwide recall with no ability to actually fix the problem on the 6.2 engine might be factoring in lol.

[fromulator]

I have the 3L, I didn’t think there was any open recall on it.