hudson valley cars & trucks - by owner "cars for sale" - craigslist (2024)

FAQs

Where do the cars that no one buys go? ›

Unsold vehicles stay in the dealer's lot until someone buys them. Unsold new cars may be sold at a discounted price or used as service loan vehicles. It might be a good idea to buy an unsold unit of the previous model year because these vehicles are in good condition and are typically unused.

The 100,000-mile mark is often cited as the point at which you should no longer consider purchasing a used truck. But there are plenty of trucks that'll last for a lot longer than this. In fact, it isn't uncommon at all for well-maintained trucks to last between 200,000 and 300,000 miles these days.

Dealers typically handle the issue of slow-moving inventory by incentivizing buyers through discounts and deals. They may also try to convert a new car into a lightly used one by making it a “loaner.” As a last resort, they may end up selling the car at auction.

Analyzing five-year depreciation rates of over 1.1 million vehicles sold from November 2022 to October 2023, iSeeCars found trucks (34.8% five-year depreciation) and hybrids (37.4%), plus some sports cars and economy cars, were the best at retaining value.

So, how many miles is too many miles for a used truck? Consider trucks under 100,000 miles for gas engines and 200,000 for diesel. Ideally, aim for under 60,000 miles to minimize maintenance concerns. Always check the truck's overall condition and maintenance history for the best value.

But, when that mix goes awry, and dealers truly can't get a car off their lot, they'll send it to the auction. There are two types of auctions, open auctions and closed auctions. An open auction is open to any authorized dealer personnel, regardless of brand represented or whether being a new or used car dealership.

In a racetrack villa

The Thermal Club in La Quinta, California, is a V.I.P. racetrack country club that sells real estate on the track for super-rich buyers who want to build insane garages. In order to race supercars at this exclusive 4½-mile track, you need to be a Thermal Club member.

CNN reports that billionaire car enthusiasts are now storing their prized vehicles in places that are no longer garages; they're being called “gallery spaces” now. Essentially, dens, man caves and garages have meshed to create spaces that can be chilled in as well as store the car.

Are cheap cars going away? ›

"Discontinuing the cheapest cars predates Covid by a number of years," he says. "What we saw since Covid and the supply chain issues are companies prioritizing higher priced models within their lineups and within each model prioritizing more content and features to push up transaction prices.