Woot! GM pricing deal=massive depreciation for all you suckers who bought GMs prior to this deal

[JulesMaximus]

How do you feel now that the car you owe $20k on just dropped $5-6k in value overnight? You thought you were upside down before? Now you're proper fvcked if you want to sell it before you actually own it!!!

 

[Nikamichi]

Good job stating the obvious.

 

[JulesMaximus]

Originally posted by: Nikamichi
Good job stating the obvious.

Well, that GM pricing thread keeps popping up...just thought I'd point it out.

 

[BAMAVOO]

Originally posted by: JulesMaximus
How do you feel now that the car you owe $20k on just dropped $5-6k in value overnight? You thought you were upside down before? Now you're proper fvcked if you want to sell it before you actually own it!!!

Most people that buy new are upside down. I traded in a 1998 F-150 with 25,000 miles on a lot lesser vehicle. They guy was shocked to see he had to give me money.

This was in 1998, the last new vehicle I owned.


I have since bought a new vehicle for the wifey, but not for me.

 

[JulesMaximus]

Originally posted by: BAMAVOO

Originally posted by: JulesMaximus
How do you feel now that the car you owe $20k on just dropped $5-6k in value overnight? You thought you were upside down before? Now you're proper fvcked if you want to sell it before you actually own it!!!

Most people that buy new are upside down. I traded in a 1998 F-150 with 25,000 miles on a lot lesser vehicle. They guy was shocked to see he had to give me money.

This was in 1998, the last new vehicle I owned.


I have since bought a new vehicle for the wifey, but not for me.

True, but those who were slightly upside down are now even more in the hole. Must suck being a GM badge whore right now.

 

[tfinch2]

Last time I checked people don't buy daily driver's as investments... :roll:

 

[MikeMike]

Originally posted by: JulesMaximus

Originally posted by: BAMAVOO

Originally posted by: JulesMaximus
How do you feel now that the car you owe $20k on just dropped $5-6k in value overnight? You thought you were upside down before? Now you're proper fvcked if you want to sell it before you actually own it!!!

Most people that buy new are upside down. I traded in a 1998 F-150 with 25,000 miles on a lot lesser vehicle. They guy was shocked to see he had to give me money.

This was in 1998, the last new vehicle I owned.


I have since bought a new vehicle for the wifey, but not for me.

True, but those who were slightly upside down are now even more in the hole. Must suck being a GM badge whore right now.

not when you got GMS before the deal

 

[JulesMaximus]

Originally posted by: tfinch2
Last time I checked people don't buy daily driver's as investments... :roll:

Who said anything about investments? It does suck knowing that you can't even get what you owe on it on trade in though. Kind of eliminates the option of trading up doesn't it?

Fortunately, I'm not in that boat on any of the cars I own.

 

[BAMAVOO]

I guess they are still better off than having a fleece. :roll:

 

[JulesMaximus]

Originally posted by: nourdmrolNMT1

Originally posted by: JulesMaximus

Originally posted by: BAMAVOO

Originally posted by: JulesMaximus
How do you feel now that the car you owe $20k on just dropped $5-6k in value overnight? You thought you were upside down before? Now you're proper fvcked if you want to sell it before you actually own it!!!

Most people that buy new are upside down. I traded in a 1998 F-150 with 25,000 miles on a lot lesser vehicle. They guy was shocked to see he had to give me money.

This was in 1998, the last new vehicle I owned.


I have since bought a new vehicle for the wifey, but not for me.

True, but those who were slightly upside down are now even more in the hole. Must suck being a GM badge whore right now.

not when you got GMS before the deal

So, now you're just slightly upside down? :laugh:

 

[tfinch2]

Originally posted by: JulesMaximus

Originally posted by: tfinch2
Last time I checked people don't buy daily driver's as investments... :roll:

Who said anything about investments? It does suck knowing that you can't even get what you owe on it on trade in though. Kind of eliminates the option of trading up doesn't it?

Fortunately, I'm not in that boat on any of the cars I own.

You don't get fair market value for trade-in anyways...

 

[Sluggo]

So did you make this thread because you are a hardcore GM hater, or just to be a dick?

 

[Nikamichi]

Originally posted by: Sluggo
So did you make this thread because you are a hardcore GM hater, or just to be a dick?

 

[Eli]

Originally posted by: Sluggo
So did you make this thread because you are a hardcore GM hater, or just to be a dick?

 

[JulesMaximus]

Originally posted by: Sluggo
So did you make this thread because you are a hardcore GM hater, or just to be a dick?

I'll take the former, thank you very much.

 

[JulesMaximus]

Originally posted by: tfinch2

Originally posted by: JulesMaximus

Originally posted by: tfinch2
Last time I checked people don't buy daily driver's as investments... :roll:

Who said anything about investments? It does suck knowing that you can't even get what you owe on it on trade in though. Kind of eliminates the option of trading up doesn't it?

Fortunately, I'm not in that boat on any of the cars I own.

You don't get fair market value for trade-in anyways...

Try selling a GM on your own...trade in is probably your best bet, at least you can unload it quickly. :laugh:

 

[Nikamichi]

Originally posted by: JulesMaximus

Originally posted by: Sluggo
So did you make this thread because you are a hardcore GM hater, or just to be a dick?

I'll take the former, thank you very much.

I'm gonna have to disagree with that choice.

 

[thechinesehero]

thats why you dont buy american cars, you wont see jap / european cars with this problem

 

[tfinch2]

Originally posted by: JulesMaximus

Originally posted by: tfinch2

Originally posted by: JulesMaximus

Originally posted by: tfinch2
Last time I checked people don't buy daily driver's as investments... :roll:

Who said anything about investments? It does suck knowing that you can't even get what you owe on it on trade in though. Kind of eliminates the option of trading up doesn't it?

Fortunately, I'm not in that boat on any of the cars I own.

You don't get fair market value for trade-in anyways...

Try selling a GM on your own...trade in is probably your best bet, at least you can unload it quickly. :laugh:

Actually I just bought a used GM. 98 Lumina LTZ with 3800 series II, black with grey leather, CLEAN, 42k miles for $4,000

 

[MagicConch]

Originally posted by: thechinesehero
thats why you dont buy american cars, you wont see jap / european cars with this problem

But with GM cutting prices so dramtically, you'll see sales slip with Japanese and European cars forcing them to reduce prices also

 

[Squisher]

Originally posted by: JulesMaximus

Originally posted by: Sluggo
So did you make this thread because you are a hardcore GM hater, or just to be a dick?

I'll take the former, thank you very much.

I don't think it's mutually exclusive.

 

[Eli]

Originally posted by: tfinch2

Originally posted by: JulesMaximus

Originally posted by: tfinch2

Originally posted by: JulesMaximus

Originally posted by: tfinch2
Last time I checked people don't buy daily driver's as investments... :roll:

Who said anything about investments? It does suck knowing that you can't even get what you owe on it on trade in though. Kind of eliminates the option of trading up doesn't it?

Fortunately, I'm not in that boat on any of the cars I own.

You don't get fair market value for trade-in anyways...

Try selling a GM on your own...trade in is probably your best bet, at least you can unload it quickly. :laugh:

Actually I just bought a used GM. 98 Lumina LTZ with 3800 series II, black with grey leather, CLEAN, 42k miles for $4,000

Wow!

:Q