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insane used car prices

5 months ago my employer purchased (for my company truck) a 2024 Chevy Silverado, stripped with NO frills (not even volume control on steering wheel or any phone control buttons which are all done through the radio). $48,500 sticker. On a positive note, I just had my 5th oil change, and my dealer said I'm in the running for most miles on a model-year 2024!
 
I have a very clean, low mileage (28XXX) 2014 Silverado 5.3L Flex Fuel that I bought in early 2015 as a demonstrator. I knew the short history of the truck and it had virtually everything on a truck I would have ordered if I could have ordered a new truck. IIRC it had 6XX miles on it when I bought it. Today, almost 10 yrs later I can sell it for about $2,000 less than I paid for it 10 years ago. Yep, used vehicle prices are totally insane. Likely now it'll be my last truck. And BTW, it cost several thousand more than my first house back in 1970-71.
 
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