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re: When did truck prices become so obscene?

Posted on 5/22/17 at 10:14 am to
Posted by Tygra
Bee Are
Member since Jan 2008
430 posts
Posted on 5/22/17 at 10:14 am to
quote:

Thst is until 2008 happens again which is only a matter of time.


You have said this twice in this thread. Please bring this to the money board. I want to see how that thread goes again.
Posted by WHS
walker LA.
Member since Feb 2006
3528 posts
Posted on 5/22/17 at 10:15 am to
quote:

I got my Tundra at a damn good price. Most reliable truck I've owned.


I love my Tundra and will never go back to Ford, GM, or Ram. The Tundra will last longer and run harder. It may not get the best gas mileage, but then again if you bought a Truck with a 5.7 v8 you shouldn't be worried about MPG.

Posted by AUCE05
Member since Dec 2009
45424 posts
Posted on 5/22/17 at 10:18 am to
A lot of it is from R&D, regulations, and labor cost. The gov is requiring better mpgs, which cost in research, engineering, and development. Quality is so much better, and that cost, too. Manufacturers can't get away with paying line workers $7.00 per hour either. I bet their profit margins are lower than any point in history.
Posted by rd280z
Richmond
Member since Jan 2007
2520 posts
Posted on 5/22/17 at 10:44 am to
Trucks used to be very reasonable and a way for people that could not afford a car to have transportation. That was many years ago of course.
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17754 posts
Posted on 5/22/17 at 10:52 am to
Why buy New?

The depreciation on a Ford is pretty significant and vehicles these days are designed to last 100K+ miles.



Robinson Brothers has an F-150 listed at $111K!!!

Posted by Koach K
Member since Nov 2016
4818 posts
Posted on 5/22/17 at 10:56 am to
I think you meant to say 179 expensing instead of bonus but feels the same in your pocket.

Have to be careful with listed property though. There are limits on autos/trucks and airplanes.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
141160 posts
Posted on 5/22/17 at 10:57 am to
Reasonably good deals are available, but you have to be willing to invest the time to do the homework and negotiate.

Like I said earlier, no matter what they sell you the truck for, they are making piles of cash off the sale. It doesn't bother me to squeeze a little harder to get my best deal.

Posted by yellowfin
Coastal Bar
Member since May 2006
99037 posts
Posted on 5/22/17 at 10:59 am to
I used both. Not sure with assets went to which one
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78673 posts
Posted on 5/22/17 at 11:01 am to
So then is the better question what year did trucks become luxury vehicles?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481186 posts
Posted on 5/22/17 at 11:01 am to
seventy
two
month
financing



baw
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481186 posts
Posted on 5/22/17 at 11:03 am to
quote:

, they sell idiots on payments not total prices.

i love this trick

"tell me what kind of note you're looking for"

i get the racket but man i cannot deal with car salesmen. i know exactly what they're doing, tell them i know what they're doing, and they STILL STICK TO THE frickING SCRIPT
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 5/22/17 at 11:04 am to
When pseudo "luxury" trucks came into demand. The margins are ridiculous.
Posted by dcrews
Houston, TX
Member since Feb 2011
32130 posts
Posted on 5/22/17 at 11:04 am to
quote:

I got my Tundra at a damn good price. Most reliable truck I've owned.


Same.
Posted by ThatsAFactJack
East Coast
Member since Sep 2012
1612 posts
Posted on 5/22/17 at 11:07 am to
My current vehicle was 1/6 of my gross income.

Happy to see I am somewhere in the middle.

Posted by PearlJam
NotBeardEaves
Member since Aug 2014
13908 posts
Posted on 5/22/17 at 11:08 am to
quote:

So then is the better question what year did trucks become luxury vehicles?
Yep, that is a big part of it. It isn't a silver bullet scenario. Low interest rates, low gas prices, premium options, high demand (status symbol), extended financing, and tax considerations all play a part in the high prices.

Hell, there may even be some collusion among manufacturers, but I doubt it.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481186 posts
Posted on 5/22/17 at 11:08 am to
quote:

When pseudo "luxury" trucks came into demand.

this as well

trucks have become amazingly awesome at being comfortable over the past 15 years or so, so now you can have a daily driver that is a truck and not miss much. 4 doors, lots of room, leather, the "baw" status symbol, AND cheap credit/long-term financing just add up to a major bubble forming
Posted by bbap
Baton Rouge, LA
Member since Feb 2006
97276 posts
Posted on 5/22/17 at 11:09 am to
One day people will realize they are wasting so much money on something that is just meant to get you from one place to the next.

Posted by dlambe5
Prairieville
Member since Jul 2009
705 posts
Posted on 5/22/17 at 11:11 am to
quote:

Quality is so much better,


Hmmm. I dont think so. My 2010 Ford F150 was way better built than my 2016 F150.
Posted by sloopy
Member since Aug 2009
6913 posts
Posted on 5/22/17 at 11:13 am to
How am I supposed to tow my boat to the coast, baw?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 5/22/17 at 11:14 am to
quote:

4 doors, lots of room, leather, the "baw" status symbol, AND cheap credit/long-term financing just add up to a major bubble forming


Yeah I think the first thing these guys who get hired in the mines here do is get a "luxury" F250 and the status competition keeps getting higher. You drive by the lot and its insane. Ill bet those trucks sticker is equal to their annual wages.
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