If you Paid over MSRP, what happens in 3-5 years?

In 3 - 5 years electric might just be more abundant and affordable to the masses, making the good old combustion engine a much harder sell overall. There’s likely going to be a time in the foreseeable future when all gas fueled vehicles will lose significant value.

 

FALSE. Everyone can predict values 3-5 years in future, only a few will be accurate.

 

Yea and just about every manufacture is focused on electric so supply as well as the pool of selection will improve. It’s also up right now due to $8/gallon I just paid.

 

All we have to do is just look at the history of the market, and there’s our answer. Unless you’re predicting another pandemic, we should simply go back to “the normal”. I always bring it up but wages aren’t exactly up with inflation. Supply and demand plays out once the supply side is back at full steam. Most industry experts expect that to be early 2023. They will continue to ramp up short term, I’m expecting a lot of trucks in the inventory soon with gas prices the way they are and summer travel months looming.

Gas won’t drop this summer, you can take that to the bank. $4.50+ and people want nothing to do with a mid size truck that gets 17-20 MPGs mixed driving.

 

Hydrogen will take over for fueled engines. Not all will be electric.

 

Straightforward and seemingly true.

Who could have predicted what is happening now in 2022.

I'm happy with my purchase with no add-ons/upgrades.

 

lol, good luck updating all the transmission infrastructure to make that even remotely possible in "3-5 years".

 

Affordable electric cars along with infrastructure is realistically like a 2040 thing, maybe with ICE cars becoming a niche/collectible thing +10/15y later. Realistically we're nowhere close for moving most the population to electric only due to expensive batteries and lack infrastructure including home charging

But back to original subject. I paid over MSRP for my 21 LR Pro. I don't expect to get any percent of the overbase price back. I honestly don't expect to sell anyways....just run it forever and what I paid extra was worth it for me to not have to keep looking for a LR Pro. So I got my worth of it.

 

I dunno, just enjoy the time with your Taco for now. Who knows what tomorrow will bring.

 

musk knows the limiting factor is cost of electric vehicles, he’s talking about mining his own lithium because it’s so cost prohibitive, more lithium demand means more cost. I think there will ultimately be two tiers of vehicles for quite some time until an electric alternative comes out like hydrogen. Additionally, our green electric plan needs to scale with our electric car production otherwise the ‘clean’ cars get progressively dirtier, I’m interested in How that progressea in the coming decade

 

Who cares? If a few grand is gonna break you then you have no business buying a new truck in the first place.

 

Here here

 

Problem is it’s not just a few grand. My 2018 Tacoma was marked 12% off sticker… now some are paying above sticker…. It’s closer to $8000 difference in a short 4 year period, then you’re paying a lot more to fill it up and insure it, more taxes , more interest(95%+ probably finance) There’s a lot of factors working against the consumer right now.

 

I plan on keeping my vehicles for the long haul...and don't consider what I will get for it.

 

definitely accurate, i think the bigger problem is that we have had years of this chart and the wage growth issues go back way beyond this chart... like 30+ years.

 

and coupled with this:

 

Nobody knows. That's the answer right there.

When I bought mines in 2018 for $35k brand new, and I told you back then I'm gonna sell it in 2022 for over $40k, what would you have told me?

In 2027, the Concorde will come back, a Tacoma EV will have a 600 mile range, and I will be married to Margot Robbie. You watch. Just watch.

 

I wonder how much the price of legal will increase in the next 3 to 5 years? I don't know if its cheap now, but it probably isn't. No body, is going to complain about that, because people who don't buy it don't care, and those who buy it don't care about the price. I don't know, but the supply probably out weighs the demand.

 

I'd buy that a top tier electric Tacoma (like $75k) would be a 600 mile range in 2027.

 

its called being upside down