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17k profit per Baw per truck (slightly dated)

Posted on 2/5/19 at 12:57 pm
Posted by Grievous Angel
Tuscaloosa, AL
Member since Dec 2008
10984 posts
Posted on 2/5/19 at 12:57 pm
According to GM.

LINK

I figure Ford and Ram are similar.

That's how you get 60k dollar trucks.

There's a sucker born every minute.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
33882 posts
Posted on 2/5/19 at 1:00 pm to
quote:

$17000 pre-tax profit

That’s not how profit works
Posted by YumYum Sauce
Arkansas
Member since Nov 2010
9649 posts
Posted on 2/5/19 at 1:01 pm to
Add in 72 month loans at 5% interest and they are SWIMMING in cash
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41600 posts
Posted on 2/5/19 at 1:02 pm to
Finance at 0% for 60 months, 1000 a month. Baw thinks he got a deal.
Posted by Jim Rockford
Member since May 2011
106013 posts
Posted on 2/5/19 at 1:03 pm to
My rig was worth every penny.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
33882 posts
Posted on 2/5/19 at 1:03 pm to
Like any baw is getting 5% interest. More like 8%
Posted by arseinclarse
Member since Apr 2007
35469 posts
Posted on 2/5/19 at 1:05 pm to
quote:

Add in 72 month loans at 5% interest and they are SWIMMING in cash


Plus warranty work at service department prices
Posted by Hangover Haven
Metry
Member since Oct 2013
34717 posts
Posted on 2/5/19 at 1:12 pm to
Yeah, when I bought my 15 Silverado and they had a $10,000 off sticker on the side of it.. They still made money...
Sticker price was $46 and some change.. Obviously got it for 36

Trucks are way overpriced...
This post was edited on 2/5/19 at 1:16 pm
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
141055 posts
Posted on 2/5/19 at 1:13 pm to
I've said in here for years, the $10K they advertise is just a starting point. People laughed.

It's what keeps these manufacturers afloat.

Mine "stickered" at $53K, i paid $37.5K, and they still made money. My guess is their costs in a truck like mine are probably $25-30K to manufacture. A little more for higher trim levels.
This post was edited on 2/5/19 at 1:16 pm
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58613 posts
Posted on 2/5/19 at 1:13 pm to
quote:

There's a sucker born every minute.
and what are you driving?
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
141055 posts
Posted on 2/5/19 at 1:21 pm to
I want to say I saw an article a couple of years ago with Ford showing about $14K per truck. That didn't include SUV's I don't think.
Posted by lowhound
Effie
Member since Aug 2014
10778 posts
Posted on 2/5/19 at 1:24 pm to
That's why I never buy a brand new vehicle. You can buy one that a year or two old with less than 20k miles on it and save a ton of money. You find them baws that can't afford that note anymore and get one for cheap.
Posted by tankyank13
NOLA
Member since Nov 2012
8338 posts
Posted on 2/5/19 at 1:34 pm to
Who gives a frick. If I don’t treat myself to a sweet arse f250, my heirs will.

Live life baws!
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