[quote=paramount]I am shocked by the prices of new vehicles:
Crew Cab 1/2 ton trucks up to 50k, start at 40k
Expeditions up to 60k
I have seen Escalade’s near 100k
Avalanche easily 40k
Ridiculous….[/quote]
GM was able to move vehicles at high prices because they were able to finance all their customers with low monthly payments, whether through 5 year leases or 96 month auto loans with 0% APR. They were able to get consumers to consider the monthly payment rather than the price they were paying for the car.