Smart move. Everyone's life situation is different. My partner started a small biz that's picking up more clients so buying a truck -- despite this crazy market -- was the factor.I'm in a rather unique position for once in my life! I sold my 2016 Colorado last month for $3000 more than I paid for it in 2016. Both my wife and I have work vehicles and are planning on going down to just 1 vehicle once I retire in 2023. So, the money from the sale of the truck when into an investment account where it's growing.
If you have the time, I'd recommend going with one of the dealers that is offering a discount when the time comes (unless you buy local only). I've had a great experience with Granger myself. I just sold my Ranger to carmax last night (picking up my maverick this weekend). I don't know when you sold your Colorado, but I'd been keeping track of offers from various sources over the summer. Up until 2 weeks ago my offers had dipped from their peak by $2K. Well, that reversed in the last 10 days where Carmax paid $2k above the best offers I had early summer in June/July. I think the used car market is going to be taking another up-tick imminently, because I can't otherwise explain why they paid me what they did.I'm in a rather unique position for once in my life! I sold my 2016 Colorado last month for $3000 more than I paid for it in 2016. Both my wife and I have work vehicles and are planning on going down to just 1 vehicle once I retire in 2023. So, the money from the sale of the truck when into an investment account where it's growing. I haven't ordered a Maverick because I'm one of those old school types that like to look, listen and drive before I buy! I am fortunate to have time on my side and hope things turn around in the car industry before we both have to turn in our work vehicles and buy another.
As for the Colorado, it was a great truck and I hated to see it go, but with the used market being what it is right now, it just made more sense to sell it now and wait to buy something else when the market has stabilized more. That Colorado was a great riding truck and I had not problems with it at all in the 5 years I owned it! Congrats on finding a deal on a diesel Colorado, that was really the one I wanted, but they didn't come out until after I had purchased mine!