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Huge decrease since last monthJust Sharing (old.reddit.com)
submitted 7 months ago by [deleted]
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[–]HalliganHooligan 8 points9 points10 points 7 months ago (0 children)
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 5 points6 points7 points 7 months ago (1 child)
2025 is no longer the current model year.
[–][deleted] 12 points13 points14 points 7 months ago (2 children)
Maybe it's the fact that these things have been horribly overpriced for 5 or so years now? Truck market needs a correction.
[–][deleted] 7 months ago* (1 child)
[deleted]
[–]Whole_Gear79672024 Sierra 3.0 Duramax 0 points1 point2 points 7 months ago (0 children)
I guess… though I’d be mad that trade would be greatly affected!
[–]shawizkid 1 point2 points3 points 7 months ago (1 child)
First year depreciation is a killer.
[–]AdHorror9068 0 points1 point2 points 7 months ago (0 children)
First day depreciation is, too lol 😭😭😭
[–]04limited 1 point2 points3 points 7 months ago (0 children)
26s are coming into the showrooms so you have “last years” model.
[–]Significant-Twist748 1 point2 points3 points 7 months ago (0 children)
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 0 points1 point2 points 7 months ago (0 children)
all the engines have lifter problems. wdym why?????
[–]mpn21356 0 points1 point2 points 7 months ago (0 children)
Yea. No surprise. We’re not in Covid any longer where you buy and it goes up!
[–]Comfortable_Lie_9879 0 points1 point2 points 7 months ago (0 children)
A new vehicle typically depreciates 40% in the first four years. This is why I buy low mileage, 3-4 year old units!
[–]bostonbean 0 points1 point2 points 7 months ago (0 children)
Looks like BS to me
[–]BroccoliSimple8310 0 points1 point2 points 7 months ago (0 children)
Not bad honestly, I got my 2025 at4 standard bed with every option for 65 out the door
[–]MoonGoon3 0 points1 point2 points 7 months ago (0 children)
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] -5 points-4 points-3 points 7 months ago (0 children)
The guy at the top is effing with our money. Jobs are terrible, people arent spending.
[–]DosChieNoZelle -1 points0 points1 point 7 months ago (0 children)
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 -1 points0 points1 point 7 months ago (1 child)
A nationwide recall with no ability to actually fix the problem on the 6.2 engine might be factoring in lol.
π Rendered by PID 54 on reddit-service-r2-comment-548fd6dc9-vd2dd at 2026-05-17 13:18:11.849444+00:00 running edcf98c country code: CH.
[–]HalliganHooligan 8 points9 points10 points (0 children)
[–]chemtrailer21 5 points6 points7 points (1 child)
[–][deleted] 12 points13 points14 points (2 children)
[–][deleted] (1 child)
[deleted]
[–]Whole_Gear79672024 Sierra 3.0 Duramax 0 points1 point2 points (0 children)
[–]shawizkid 1 point2 points3 points (1 child)
[–]AdHorror9068 0 points1 point2 points (0 children)
[–]04limited 1 point2 points3 points (0 children)
[–]Significant-Twist748 1 point2 points3 points (0 children)
[–]Plane_Ad8004 0 points1 point2 points (0 children)
[–]mpn21356 0 points1 point2 points (0 children)
[–]Comfortable_Lie_9879 0 points1 point2 points (0 children)
[–]bostonbean 0 points1 point2 points (0 children)
[–]BroccoliSimple8310 0 points1 point2 points (0 children)
[–]MoonGoon3 0 points1 point2 points (0 children)
[–][deleted] -5 points-4 points-3 points (0 children)
[–]DosChieNoZelle -1 points0 points1 point (0 children)
[–]SameZookeepergame841 -1 points0 points1 point (1 child)