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re: Truck prices finally back down to Earth.

Posted on 10/31/23 at 8:00 am to
Posted by Lonnie Utah
Utah!
Member since Jul 2012
24009 posts
Posted on 10/31/23 at 8:00 am to
quote:

Factor in about 7% finance rate baw


Not if you pay cash...
Posted by Tempratt
WRMS Girls Soccer Team Kicks arse
Member since Oct 2013
13402 posts
Posted on 10/31/23 at 8:24 am to
quote:

GMC 2500 AT4 for only $92,000.


Those are for $200m net worth people.
Posted by jpcajun
Member since Nov 2010
1207 posts
Posted on 10/31/23 at 8:26 am to
Ballers on this site don't finance..... you haven't figured that out?
Posted by rented mule
Member since Sep 2005
2367 posts
Posted on 10/31/23 at 8:29 am to
quote:

I just priced a red F150 XLT Ecoboost on Ford.com for $43,365.


Make sure to add another 10-12k for the new engine you'll have to buy at around 75k mile.
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51327 posts
Posted on 10/31/23 at 8:32 am to
quote:

Not if you pay cash...


99% of the posters on this website would have to finance a $43,000 vehicle.
Posted by notiger1997
Metairie
Member since May 2009
58201 posts
Posted on 10/31/23 at 8:38 am to
quote:

STOP BUYING FROM DEALERS


Who should they buy from?
Posted by Jon A thon
Member since May 2019
1666 posts
Posted on 10/31/23 at 8:41 am to
quote:

bought a F150 STX for 52K six months ago, I


I paid 30k on the nose for this same truck in 2018. I realize times are different, but nearly double the price in 5 years is insane.
Posted by bayouvette
Raceland
Member since Oct 2005
4748 posts
Posted on 10/31/23 at 9:04 am to
They have sales like that when new models are coming out too.
But I feel sorry for you if you think that's a deal on that truck.
Posted by TiptonInSC
Aiken, SC
Member since Dec 2012
18920 posts
Posted on 10/31/23 at 9:44 am to
quote:

Feel bad for the poor saps who paid over MSRP just one year ago.


I don’t. Their dumb asses could have waited another year. They’re the reason why the prices stayed so high for so long.
Posted by GrizzlyAlloy
Member since Aug 2020
1661 posts
Posted on 10/31/23 at 9:46 am to
That looks to be a V6 you are linking for $43k
Posted by White Bear
Yonnygo
Member since Jul 2014
13960 posts
Posted on 10/31/23 at 10:19 am to
quote:

That is an ugly arse truck imo.
DON’T YOU BUY NO UGLY TRUCK.

Dodges are fkn terrible, look like an el camina and actually have car suspension. but most of these morons, so long as they can lift it and make it LOOK tough they wouldn’t care If the truck had a plastic engine.
This post was edited on 10/31/23 at 10:22 am
Posted by dlambe5
Prairieville
Member since Jul 2009
631 posts
Posted on 10/31/23 at 10:56 am to
quote:

55k for a F150 XLT 4WD


Better but still too high.
Posted by BRL79
Member since Mar 2014
2974 posts
Posted on 10/31/23 at 1:41 pm to
quote:

So dealerships are still being turds

There isn't as much markup on new vehicles as people like to think at the dealership level. Most new vehicles have about a 5%-7% markup between invoice and MSRP. These huge discounts are losses to dealerships. And for the people that think thats a good thing, most of the tax dollars and economy of some of these small to midsized towns come from these same dealerships.
Posted by doublecutter
Hear & Their
Member since Oct 2003
6592 posts
Posted on 10/31/23 at 2:16 pm to
quote:

Most new vehicles have about a 5%-7% markup between invoice and MSRP


An old friend from high school is the CFO of a dealership group. He once said the there are two invoices for every vehicle. One is the delivery invoice that everyone refers to and there is another invoice that they receive that goes into the safe and very few people at a dealership ever see. The one in the safe is the real invoice. And he said that the dealerships are offered incentives by the manufacturer that. For instance if they sell 250 units of a particular model in the next 60 days, they would get a rebate back of a $1000 per unit. And he said that a dealership has a tremendous amount of overhead, they could not survive on making 5 % margins.
Posted by Big Scrub TX
Member since Dec 2013
33505 posts
Posted on 10/31/23 at 2:19 pm to
quote:


There isn't as much markup on new vehicles as people like to think at the dealership level. Most new vehicles have about a 5%-7% markup between invoice and MSRP. These huge discounts are losses to dealerships. And for the people that think thats a good thing, most of the tax dollars and economy of some of these small to midsized towns come from these same dealerships.
My thing is who cares what the "invoice" is when there's a shortage. I'm amazed at how communist the average baw is on here. They appear to be vastly butthurt that a business did not give them free money.
Posted by Hateradedrink
Member since May 2023
1295 posts
Posted on 10/31/23 at 2:25 pm to
this is correct.

manufacturers give volume/time rebates to dealers.

no dealership on the planet is going to make a sale that “loses money” after accounting for rebates and bonuses.
Posted by FournetteForEver7
Member since Nov 2015
2296 posts
Posted on 10/31/23 at 2:50 pm to
Thats for a v6
Posted by AlxTgr
Kyre Banorg
Member since Oct 2003
81691 posts
Posted on 10/31/23 at 3:37 pm to
quote:

Dodges are fkn terrible, look like an el camina and actually have car suspension. but most of these morons, so long as they can lift it and make it LOOK tough they wouldn’t care If the truck had a plastic engine.
You post some of the dumbest shite
Posted by bbarras85
Member since Jul 2021
1990 posts
Posted on 10/31/23 at 4:20 pm to
quote:

Eehhhh a 2023 F-150 XLT is still $65K out the door. I paid $39K out the door for one in 2016.


I paid like 37,000 in 2017 for the same truck. Around the same time a friend of mine bought a platinum for like 55k

Ram trucks were always cheaper for some reason.
Posted by BRL79
Member since Mar 2014
2974 posts
Posted on 10/31/23 at 4:50 pm to
quote:

My thing is who cares what the "invoice" is when there's a shortage. I'm amazed at how communist the average baw is on here. They appear to be vastly butthurt that a business did not give them free money

Exactly. Seems like car dealerships are the only ones that aren't allowed to be capitalists amongst the sea of capitalism.
This post was edited on 11/1/23 at 3:10 pm
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