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Jan 262025
- There’s a reason why every dealership is covered with truck inventory right now. They just can’t sell them.
- Trucks are no longer simplistic, reliable, or affordable.
- inflated MSRPs
- Markups and addendums were prevalent across all segments but truck buyers were a dealership’s victim of choice.
- Ford F150 Raptors… Tundra TRD Pros, Tacoma… Ram TRX… F150 Lightning, even Ford Mavericks were getting tagged with 5-10K markups for a bit… Hummer EV, GMC AT4X AEV package, Silverado ZR2 Bison… Honda Ridgeline.
- Now dealers are really struggling to discount trucks because of what they “once had”…
- Trucks are stuffed to the gills with tech and creature comforts that have rendered them luxury vehicles. No longer are they tools.
- Dealers stacked their lots with higher trimmed examples to maximize profit margins.
- Lesser trimmed examples weren’t worth their time.
- Auto manufacturers are constantly lessening displacement… turbocharging and hybridizing everything.
- Outsourcing production to cheaper labor countries
- Lessening quality, increasing prices
- Truck buyers don’t want this. Truck buyers want a truck that just works.
- The added complexity has hinder brand loyalty and forced people to lose interest
- Tacoma V6… Tundra… V8 F150 sell
- Cutting affordable trims …1500 classic Ram
- Fail to make enough of the desirable trims. Raptor R
- depends on the model and trim level, but the average price for a full-size pickup truck was around $64,261 in January 2025
- $48,405 being the average across all segments. New.
- Interest rates…
- Inventory levels…
- GM dealers often suck the most. Prices are “non-negotiable!” Beyond their rebates.
- Toyota lost its touch… lost their core enthusiasts.
- Tacoma sales dropped 18% year over year. 192K compared to 234K.
- Expected since 2024 models hit lots in Feb/Mar.
- The quick shift in popularity from enthusiasts is what Toyota didn’t expect to happen. People quickly caught on to how the new Tacoma was garbage.
- Transmission issues. Lack of quality control coming out of Mexico. All with a hugely inflated price tag over the 3rd gen Tacoma.
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Untamed Motors
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