Uber expensive pickups...how much of a trend ?

I paid a little more for my 08 F150 than I wanted a little earlier this year. It was $Mid teens. But it only had 64,000 miles. It’s a pretty basic truck with XLT trim, power options, and a SuperCrew cab. but is exactly what I wanted, what I needed, and more importantly what I could afford.

I could have pushed my budget and got a new F150 but the $25k I saved can be spent on something else.

I know that this is a towing/RV forum and lots of folks on here have to have the latest and the greatest and the most powerful. I’ve seen it over and over on this forum through the years, people hear their truck working on a hill after they tow for the first time, get scared, and go spend 65k on a truck so they can pull up a Hill 15-30 seconds faster. That’s all fine and good, But for a lot of people older pickups get the job done while saving buckets and buckets of cash.

I do like seeing people buy new trucks. There would be no used bargains if people stopped buying new trucks. ;)

Thanks!!

Jeremiah

mich800 wrote:

RinconVTR wrote:
High volume is suppose to equal lower price. Yet this simple law of economics has no place in the truck and SUV business apparently! In this category, high volume = higher prices.

Pick-up trucks in particular are a hot trend over the last few years that shows no sign of declining and prices continue to increase significantly.

OEM's are raking in the cash on these high margin sales...make no mistake about it.

And there is no stopping the trend...until fuel hits $4-5 per gallon.

You are confusing supply with demand. High demand yields higher prices. High supply without demand will yield lower prices.

No confusion. Just a different "law" I was referring to.

There's not enough demand to drive prices. And there is plenty of supply to keep up with demand.

Generally higher volume production quanties = lower costs.

Grit dog wrote:


Haha, yeah I forgot about all that other c rap too. Give me a 60 gal fuel tank and a set of Toyo MTs in exchange for the dpf, stability control and parking sensors and I might call it even though!

I would too! Although I am kinda liking these Ridge Grapplers so I'd take another set of those.

transamz9 wrote:

I still don't understand the fuel mileage comments. The more power one uses the more fuel it uses. I would be willing to bet that we could take your truck and a new truck and load them exactly the same and have the new truck follow you on a run and the new truck would get better mileage. You would have to lead because the new truck would be constantly trying to slow down on the hills so as to not run off and leave you. It's much easier to follow a slower rig if you are trying to run together.

2000 XLT longbed 7.3 10mpg
2006 KR longbed 6.0 16.1mpg

SidecarFlip wrote:

4x4ord wrote:
The cost of vehicles has not been keeping up with inflation. It is much easier to buy a new 75k truck now than it was to dish out 30k for a new diesel crew cab 4x4 in '93. On top of that you get a much more capable truck now than what was being built in 93.

What you actually get is a much more complex vehicle with more stuff to fail down the road, less fuel mileage (diesel) and lowest cost components.

My 97 is stone simple and I can do all the repairs in the driveway that need to be done. When that new truck is out of warranty, be prepared for a wallet emptying experience.

I still don't understand the fuel mileage comments. The more power one uses the more fuel it uses. I would be willing to bet that we could take your truck and a new truck and load them exactly the same and have the new truck follow you on a run and the new truck would get better mileage. You would have to lead because the new truck would be constantly trying to slow down on the hills so as to not run off and leave you. It's much easier to follow a slower rig if you are trying to run together.

I have no issue with a 80-100K pickup truck, so long as you are buying it. It supports my family (we are UAW autoworkers). Makes me feel good that you care. Makes the finance company feel good too.

Keep on trucking...

4x4ord wrote:
The cost of vehicles has not been keeping up with inflation. It is much easier to buy a new 75k truck now than it was to dish out 30k for a new diesel crew cab 4x4 in '93. On top of that you get a much more capable truck now than what was being built in 93.

What you actually get is a much more complex vehicle with more stuff to fail down the road, less fuel mileage (diesel) and lowest cost components.

My 97 is stone simple and I can do all the repairs in the driveway that need to be done. When that new truck is out of warranty, be prepared for a wallet emptying experience.

4x4ord wrote:

SidecarFlip wrote:
We just had some work done on the rental and the contractor was sporting a new 350 King Raunch long bed 4x4 4 door. I told him... nice truck. I asked him about the price and his reply was... it's a business expense, 2 years and it's gone...

I'm a farmer myself but I'd rather put my money into farm equipment or land and they are both business expenses / write off's too.

You can expense your equipment's depeciation which is exactly what the contractor is doing. Land on the other hand, does not generally depreciate and is therefore not expensed.

When you rent acreage like I do, you can, I do. Do it with my tractors and implements too..

SidecarFlip wrote:
We just had some work done on the rental and the contractor was sporting a new 350 King Raunch long bed 4x4 4 door. I told him... nice truck. I asked him about the price and his reply was... it's a business expense, 2 years and it's gone...

I'm a farmer myself but I'd rather put my money into farm equipment or land and they are both business expenses / write off's too.

You can expense your equipment's depeciation which is exactly what the contractor is doing. Land on the other hand, does not generally depreciate and is therefore not expensed.

The cost of vehicles has not been keeping up with inflation. It is much easier to buy a new 75k truck now than it was to dish out 30k for a new diesel crew cab 4x4 in '93. On top of that you get a much more capable truck now than what was being built in 93.