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Message

re: 2023 F-150 Lariat MSRP at ~$73,000

Posted on 1/8/23 at 8:56 am to
Posted by H newman
Member since Oct 2021
1938 posts
Posted on 1/8/23 at 8:56 am to
Plus insurance probably 500 a month. If you live in lousy ana
Posted by 777Tiger
Member since Mar 2011
88039 posts
Posted on 1/8/23 at 9:00 am to
that was the sticker on a 2021 that I bought last(2021) December
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
464941 posts
Posted on 1/8/23 at 9:11 am to
quote:

Average US household income is about 70k. Average new vehicle price is around 45k. Average home is around 400k. It's all a house of cards.


Yeah I keep avoiding overpaying for things like housing and it feels like I missed a window b/c of the rates issue...but I know all this shite is way over priced and we can't afford it...but then I think, "Well if everything crashes, life is fricked anyway so maybe I missed a few years in a nice house before society's downfall"
Posted by PapaPogey
Baton Rouge
Member since Apr 2008
40459 posts
Posted on 1/8/23 at 9:13 am to
I paid 57 for my 2022 Lariat 4wd. This thread is exaggerating a little bit
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 1/8/23 at 9:16 am to
The vehicle industry is the new mortgage industry. NINJA loans. No income no Jobs no assets. You can buy a 85k vehicle with no down payment. What a joke.
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 1/8/23 at 9:17 am to
quote:

I paid 57 for my 2022 Lariat 4wd


With taxes about 65k. SMH
Posted by PapaPogey
Baton Rouge
Member since Apr 2008
40459 posts
Posted on 1/8/23 at 9:27 am to
SMH, no dawg, had a tax free trade in

This post was edited on 1/8/23 at 9:31 am
Posted by RocketTiger
Member since Mar 2014
1220 posts
Posted on 1/8/23 at 9:36 am to
My 2013 Silverado with 190k miles, check engine light, and paint peeling is looking better and better every day.
Posted by jclem11
Chief Nihilist
Member since Nov 2011
9526 posts
Posted on 1/8/23 at 9:43 am to
quote:

It's almost never a good financial decision to buy another vehicle. It's almost always cheaper to fix them. Even if you need a new engine and it's 6k


But mUh WaRrAnTy!!!111

I cannot understand the thinking of let me ditch a car that is running good and is paid off because of no longer "under warranty" and paying these insane car prices now to get a new car that is "under warranty".

I guess the banks and finance companies love this rationale.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14429 posts
Posted on 1/8/23 at 9:44 am to
quote:

I paid 57 for my 2022 Lariat 4wd

Oof.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32649 posts
Posted on 1/8/23 at 9:48 am to
quote:

$1500/month car notes

That’s a mortgage. They could buy a 2nd house and rent it out, or they could buy a depreciating asset. And yet they go with the depreciating asset
Posted by G Vice
Lafayette, LA
Member since Dec 2006
13147 posts
Posted on 1/8/23 at 9:50 am to
By comparison, I bought a brand new 2002 Chevy Duramax crew cab with leather interior in late 2001 for $35,500.

While my trunk was being built, the 9-11 terrorist attacks happened, and GM started offering 0% financing for 36 months.

That was a sweet deal.

Trucks prices the last 10 years have been crazy.
Posted by 75503Tiger
Member since Sep 2015
4821 posts
Posted on 1/8/23 at 9:59 am to
They can do this because the majority of folks want a new car as soon as they pay off the old car. They are creating a mortgage industry for auto just like they did for real estate. The rich get richer
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 1/8/23 at 10:19 am to
My 1980’s era Yugo has never looked better to you guys.

Who is laughing now?
Posted by LSUlefty
Youngsville, LA
Member since Dec 2007
28145 posts
Posted on 1/8/23 at 10:23 am to
$73k for Found On Road Dead? No thx.
Posted by deltaland
Member since Mar 2011
100025 posts
Posted on 1/8/23 at 10:27 am to
I’ll never buy a new vehicle. Always buy one about a year old with 20-30k miles on it

New vehicle loses too much value as soon as it leaves the lot. Terrible investment
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40115 posts
Posted on 1/8/23 at 10:30 am to
quote:

Always buy one about a year old with 20-30k miles on it


No way I'm buying a vehicle that did 30k miles in its first year and then tossed aside.

At 30k miles in year one your factory warranty is running out a year and a half after leaving the factory. No thank you.

A certified pre-owned for a 1 year old car isn't going to be much cheaper than new.
This post was edited on 1/8/23 at 10:31 am
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
19427 posts
Posted on 1/8/23 at 10:39 am to
People need to stop paying for them at those prices. Idiots are still running out there buying them so the dealerships leave the prices that high
Posted by Bow08tie
Louisiana
Member since Oct 2011
4515 posts
Posted on 1/8/23 at 10:46 am to
As long as parts are available keep repairing and driving the current vehicle. Keeping up with the broke Jones is in fact a way to be broke yourself.
Posted by grizzlylongcut
Member since Sep 2021
14238 posts
Posted on 1/8/23 at 11:15 am to
quote:

Why not buy a used suv. I just purchased a used grand Cherokee for $32,000. People are just nuts


We are buying a used one. We’ve looked at grand Cherokees and she likes them a lot. However, you can’t find a Grand Cherokee in this area for that amount.
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