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It's the opposite, a crap load of people are buying trucks right now, dealers are begging for more: https://jalopnik.com/not-even-a-pandemic-will-stop-american
by fred_is_fred 6y ago
It's the opposite, a crap load of people are buying trucks right now, dealers are begging for more:
https://jalopnik.com/not-even-a-pandemic-will-stop-american-demand-for-truck-1843582753 https://jalopnik.com/not-even-a-pandemic-will-stop-american-...
Now - they are drawn by 0% financing which is hard to get on a used truck.
- x86_64Ubuntu 6y agoThat's terrible. That means when the COVID-19 lockdown is all said and done, and we find out that many jobs won't be coming back, many of these folks will be underwater on a truck. I say "jobs won't be coming back" because I've heard that many companies are using this lockdown to let go of divisions and employees they've always wanted to let go of, but never got around to doing.
- r00fus 6y agoOne of the comments on the link indicates the actual situation - Truck sales haven't increased, but are now relatively even more popular to other vehicles which have dropped in sales considerably. Most likely, as you say, by the good deals - 0% financing. How long this keeps up is hard to tell.