IT'S DONE! The Truck Market CRASH of 2025 will hit HARDEST
The truck market crash of 2025 will hit the hardest of all. We talked about the car market crash in general but I'd wager truck sales will be the linchpin of many bankruptcies. Inventory levels are stacking up across the country, there are over 3M brand new vehicles sitting on dealership lots right now. Many of which are new trucks that can't sell. I talk through many details surrounding Chevy (GM), Ford, Nissan, Ram and Toyota in this video. Every vehicle manufacturer is struggling bad and is needing to get creative to make sales happen.
Inventory levels are growing at a rapid rate, MSRPs are skyrocketing, interest rates are awful, insurance premiums are garbage... all of which are leading to poor truck sales across the board. Brand new Toyota Tundras are seeing 220-250 days on lots, Ram 1500, 2500, and 3500s are seeing 460+ days on lots which is insane! Dealers are getting desperate to move the inventory, especially as 2025 models are starting to hit lots.
It's strange to see Toyota offer $10-12K off discounts PLUS incentivized interest rates just to sell their 2024 Toyota Tacomas and Tundras. Uncharted territory for Toyota. The Tundra is suffering from main crankshaft bearing issues and ultimately, engine failures... the Tacoma is suffering from major quality control issues and transmission failures. GM is offering their "standard" 1.9% interest rates plus 10-15K off MSRP discounts. Ram can't even give away their trucks right now. Over 25,000 units sitting on lots across the nation right now, which is wild. Nissan Titans are dwindling and so are Nissan Frontiers as the brand merges with Honda. The smaller, more affordable trucks are actually selling -like the Ford Maverick and Honda Ridgeline... Not because they're wildly popular but because they're affordable to most Americans.
The truck market is crumbling before our eyes. What will it take for YOU to buy a new truck in 2025? What kind of discount and interest rate will you need to see?
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