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 > Dealers lots are filling up

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NamMedevac 70

Reno

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Posted: 10/30/22 05:08pm Link  |  Print  |  Notify Moderator

Diesel fuel. Business news says Less than 25 days and counting. cheers everyone

Me Again

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Posted: 10/30/22 08:21pm Link  |  Print  |  Notify Moderator

If there is not diesel for freight trucks, then the ecomomy will crash. And of course that is the plan by some.

* This post was edited 10/31/22 06:43am by Me Again *


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Grit dog

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Posted: 10/30/22 09:24pm Link  |  Print  |  Notify Moderator

JALLEN4 wrote:

Grit dog wrote:

JALLEN4 wrote:

In Sept 2019 there were 3.45 million new units in dealer inventories. That is a number that has been over 4 million in the past. At the end of September 2022 dealers had 1.23 million units in stock which would include those ordered sold but not yet delivered or reported sold. One might imagine there is a long way to go before you could consider them plentiful!

Love obscure stats from the Googler, like when announcers find weird stats about athletes …
“Tom Brady has won 8 out of 10 games on a Monday night with a full moon…” type of thing.

All I know is around here, one of the MOST expensive places in the country to buy, well, about anything except seafood maybe, RV lots that were empty for 2 years are chock full, just about every dealer. Car dealers are filling back up. Very quickly and noticeably.
And since I happen to be truck shopping, have noticed that in other parts of the country, some trucks (half tons) are being offered at significantly lower than msrp again, and that trend increases by what seems to be weekly.
I’m increasingly confident that by the next presidential election, the country’s economy will be sitting approximately at the Rio Grande river! (It will have gone that far south…lol)
Unfortunate for some. I can’t wait for it to happen from a personal financial perspective.


I am sure you are right. It is much more accurate to ride around in your neighborhood and make your own assessment instead of looking at actual statistics. As a forty year new car dealer now retired, I somewhat know how this deal works and I will stick with actual real numbers!


Well, as a car dealer, why would so many dealers be suddenly offering big discounts again if inventory is still only about 1/3 of “normal?” That’s really scary cause it must mean even less than 1/3 of the “ normal “ amount of customers are buying certain types of vehicles?


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larry barnhart

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Posted: 10/30/22 09:40pm Link  |  Print  |  Notify Moderator

Only the last 2 years. chevman


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FishOnOne

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Posted: 10/30/22 09:43pm Link  |  Print  |  Notify Moderator

Me Again wrote:

If there is not diesel for fright trucks, then the ecomomy will crash. And of course that is the plan by some.


Well said...


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opnspaces

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Posted: 10/30/22 09:49pm Link  |  Print  |  Notify Moderator

Drove past my local new car dealer lots. Ram is fairly full of new trucks. Toyota and Honda are still looking kind of sparse.


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time2roll

Southern California

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Posted: 10/30/22 09:54pm Link  |  Print  |  Notify Moderator

NamMedevac 70 wrote:

Diesel fuel. Business news says Less than 25 days and counting. cheers everyone
That was current inventory, not the day supply runs out. The refining continues 24/7.

Graph of gasoline:

https://www.eia.gov/dnav/pet/hist/LeafHa........ler.ashx?n=PET&s=W_EPM0_VSD_NUS_DAYS&f=W


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Pbutler97

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Posted: 10/31/22 02:08am Link  |  Print  |  Notify Moderator

Grit dog wrote:

JALLEN4 wrote:

Grit dog wrote:

JALLEN4 wrote:

In Sept 2019 there were 3.45 million new units in dealer inventories. That is a number that has been over 4 million in the past. At the end of September 2022 dealers had 1.23 million units in stock which would include those ordered sold but not yet delivered or reported sold. One might imagine there is a long way to go before you could consider them plentiful!

Love obscure stats from the Googler, like when announcers find weird stats about athletes …
“Tom Brady has won 8 out of 10 games on a Monday night with a full moon…” type of thing.

All I know is around here, one of the MOST expensive places in the country to buy, well, about anything except seafood maybe, RV lots that were empty for 2 years are chock full, just about every dealer. Car dealers are filling back up. Very quickly and noticeably.
And since I happen to be truck shopping, have noticed that in other parts of the country, some trucks (half tons) are being offered at significantly lower than msrp again, and that trend increases by what seems to be weekly.
I’m increasingly confident that by the next presidential election, the country’s economy will be sitting approximately at the Rio Grande river! (It will have gone that far south…lol)
Unfortunate for some. I can’t wait for it to happen from a personal financial perspective.


I am sure you are right. It is much more accurate to ride around in your neighborhood and make your own assessment instead of looking at actual statistics. As a forty year new car dealer now retired, I somewhat know how this deal works and I will stick with actual real numbers!


Well, as a car dealer, why would so many dealers be suddenly offering big discounts again if inventory is still only about 1/3 of “normal?” That’s really scary cause it must mean even less than 1/3 of the “ normal “ amount of customers are buying certain types of vehicles?


3 months ago and for a year and a half previous to that, a local Ford dealer was telling everyone anything you wanted was 4-6 months out and with an added across the board $5K "market adjustment". Saturday they had 39 F-150s and 23 Super Duty's on the lot. Not in transit, not pre sold. They even have 15 Broncos lined up all in a row. As a thirty year new vehicle buyer, now working his butt off, I somewhat know how this deal works lol.

valhalla360

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Posted: 10/31/22 03:25am Link  |  Print  |  Notify Moderator

BB_TX wrote:


The fleet sales is what pushes the numbers toward gas rather than diesel. Most 250/2500 work trucks in this area are gas. Privately owned trucks are more likely diesel even if they are used for nothing more than daily drivers. That may change with the costs of diesel on top of the cost of the engine.


Makes perfect sense.

Big gas engines can tow/haul a lot and the days of 100k miles and the engine is toast are from 40yrs ago. At the same time with all the electronics and emissions gear, diesels are no longer the simple devices that run forever like 40yr ago.

Companies tend to be less about ego and if their drivers need to listen to the RPM wind up a bit to get the job done, so be it as long as it's the cheaper option.

Having bought used, when I see a work truck, it's almost always gas. When you see a goorped up personal truck, it's usually diesel.


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JALLEN4

SouthWest Ohio

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Posted: 10/31/22 04:44am Link  |  Print  |  Notify Moderator

Pbutler97 wrote:

Grit dog wrote:

JALLEN4 wrote:

Grit dog wrote:

JALLEN4 wrote:

In Sept 2019 there were 3.45 million new units in dealer inventories. That is a number that has been over 4 million in the past. At the end of September 2022 dealers had 1.23 million units in stock which would include those ordered sold but not yet delivered or reported sold. One might imagine there is a long way to go before you could consider them plentiful!

Love obscure stats from the Googler, like when announcers find weird stats about athletes …
“Tom Brady has won 8 out of 10 games on a Monday night with a full moon…” type of thing.

All I know is around here, one of the MOST expensive places in the country to buy, well, about anything except seafood maybe, RV lots that were empty for 2 years are chock full, just about every dealer. Car dealers are filling back up. Very quickly and noticeably.
And since I happen to be truck shopping, have noticed that in other parts of the country, some trucks (half tons) are being offered at significantly lower than msrp again, and that trend increases by what seems to be weekly.
I’m increasingly confident that by the next presidential election, the country’s economy will be sitting approximately at the Rio Grande river! (It will have gone that far south…lol)
Unfortunate for some. I can’t wait for it to happen from a personal financial perspective.


I am sure you are right. It is much more accurate to ride around in your neighborhood and make your own assessment instead of looking at actual statistics. As a forty year new car dealer now retired, I somewhat know how this deal works and I will stick with actual real numbers!


Well, as a car dealer, why would so many dealers be suddenly offering big discounts again if inventory is still only about 1/3 of “normal?” That’s really scary cause it must mean even less than 1/3 of the “ normal “ amount of customers are buying certain types of vehicles?


3 months ago and for a year and a half previous to that, a local Ford dealer was telling everyone anything you wanted was 4-6 months out and with an added across the board $5K "market adjustment". Saturday they had 39 F-150s and 23 Super Duty's on the lot. Not in transit, not pre sold. They even have 15 Broncos lined up all in a row. As a thirty year new vehicle buyer, now working his butt off, I somewhat know how this deal works lol.


After buying for thirty years, you might have bought as many as I normally sold a day. But, it is good to know they are giving them away again...just not the ones where I live in Ohio.

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