re: Are new truck prices attributed to a bubble, or are they here to stay?

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vinyl bench seat with roll down windows and a standard cab will get you there

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too bad this is not even an option nowadays.trucks have become more "carlike"

people who pay $50k+ for a damn vehicle

there's better uses for your money...

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Case in point:

2106 GMC Sierra
2500 4x4 diesel

MSRP: $64,300

Where were pickup truck prices 15-20 years ago in relation to other vehicles on the market?

Are we only a few years away from them costing over 80k?

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sticker on my 2011 Lariat that I bought new was $44k and the sticker on my 2016 XLT I just bought with vinyl flooring was 55k, the lariat like my old one was 60 to 65k.

This isn't a bubble, this is regulations working their magic and trying to load up a bunch of shite that you don't need on trucks because a generation of sissy fricking boys need a bunch of assistance backing a trailer and parking. Why do I need a fricking camera that gives me a 360 view of my truck?

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If you have the money then why not?

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there's better uses for your money...

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to be honest, the people i see driving these things are NOT the people that can afford them but its not my business to tell them what to do with their paychecks

Well a Suburban these days is about $80K...that just blows my mind.

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ok, my boss is a billionaire (very famous last name) and up until a few years ago he and i were haggling over me buying his 1991 acura legend.

but i understand some people gotta show off their wealth..

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Yeah brah it's totally normal for billionaires to drive old POS cars

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Yeah brah it's totally normal for billionaires to drive old POS cars

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a. ok, i guess you know many of them.
b. just because a car is old, does that mean its automatically a POS?
c. i'm just stating a fact

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so when tulip prices faced an adjusted market price due to really high demand, that wasn't a bubble?

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"An economic bubble or asset bubble (sometimes also referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania, or a balloon) is trade in an asset at a price or price range that strongly deviates from the corresponding asset's intrinsic value."

Even though they start with a T, tulips and trucks are different in every other way. Just because trucks are marked up does not mean the value isn't there (it is). Every truck isn't $60k, there are still new trucks with less animities that are very much affordable. "Bubble" seems to be the new trend word.

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to be honest, the people i see driving these things are NOT the people that can afford them but its not my business to tell them what to do with their paychecks

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You don't know the people you see driving those things financial situation, you are just passing a broad generalization and projecting your values onto theirs.

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but i understand some people gotta show off their wealth..

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Again, projecting, because I'm sure you don't have nothing that appears wealthy. Half the population doesn't even know what a truck costs, and you don't know what the next man paid for his truck unless you ask.

Prices have jumped just in the past 6 or so years it seems. I remember trick shopping in 2007 and I could still get a basic V8 F150 extended cab with power windows/locks for low $20k. Now they seem to start above $30k. It's crazy to pay $40k+ for a truck but 6 year loans allow people to do it.