The price of new trucks is beyond comprehension!

[BobsYourUncle]

It was 42 years ago today, seems so long ago, yet still a strong memory in my head, a milestone I reached in my humble beginnings into the home renovation industry building solariums and such.

Yes, it was on this day, October ten, nineteen seventy eight when I had been only 4 years into my lifetime career when I worked my way to being able to purchase my first brand new truck!

Yup, 10-10-78 I drove off the lot of Phillips Chev - Olds in Penticton BC driving my nice shiny new 78 Chev 3/4 Ton Camper Special.

As I pulled out of the lot and turned left on to Westminster Ave and headed east towards home, I though I had lost my marbles, that I am a total idiot.

Who in their right mind would pay $7714. For a new truck. All taxes, fees, dealer prep and all the rest of the junk in came to $8,109.70 out the door...... Bob, you are out of your mind! I kept saying to myself. Financed it on the never never plan I did. How will I ever pay for it? I was barely 24 years old.

It was a great truck, I had it for 26 years and about 527,000K on the odometer when I retired it, still in decent shape.

Hmmmmm......

42 years later, my 2007 truck in sig is getting worn out. 408,800K on the clock and I am eyeing the shiny new trucks on the lot.

92 grand $$$$$$$ for something similar with a few more bells and whistles.

No, just no! That's what, about a dozen times the price I paid back then?
Gosh how can they justify that?

Wow! Just wow. Amazing how expensive pickups have become. All these fancy gizzmobops they have, someone has to pay for all that I guess..

Guess I'll just keep fixing what I have. It was $1423.77 yesterday for a water pump and a U-joint. Expensive!

Oh well, that's life! 🙂

My story of the day.

[Groover]

Grit dog wrote:

4x4ord wrote:
It would be interesting to know how many weeks income it takes of, say a school teacher, to equal the cost of a 4x4 crew cab pick up now vs in 2000. Regardless for many people the older they get the wealthier they get and the easier it is to purchase a vehicle. My first vehicle nearly emptied my piggy bank.

And part of the issue. Not everyone “should” be able to afford a new 4x4 crew cab pickup. But there sure are a lot of stout car loans out there….

I have met a lot of people that sincerely believe they own a very nice vehicle while in reality the bank that financed the vehicle owns the person driving the vehicle.

As for teacher pay, everyone I know that has voiced an opinion thinks that teachers should be paid more. Very few of those people are willing to pay more taxes to make that possible. While the people that determine teacher pay have an obligation to provide their students a good education they also have an obligation to the taxpayers to use tax money prudently. Plus, a lot of people, like my wife, really want to be a teacher and will work for whatever is offered. It is sad but it is common knowledge that you make more money going from high school to Home Depot than as a degreed and certified elementary school teacher in most of this country.

[Devo_the_dog]

Grit dog wrote:

Vehicles with major electrical issues sometimes have a short and catch fire….;)

And that's why I'm never going to buy a Ram again, or recommend that anyone buy one. They are overpriced pieces of Bye-don dung.

[Grit_dog]

Devo the dog wrote:

goducks10 wrote:

Could've bought one of these.
https://www.autoblog.com/2021/06/14/ford-f-series-super-duty-recall-wheels/

https://www.worktruckonline.com/10147426/ford-recalls-f-350-super-duty-trucks-for-axle-concerns

Big deal. If the SRW 7.3 gas Ford I end up with still has the problem, I'm fairly certain that Ford will either fix it before delivery or I could refuse it until it's fixed. So, dream up stupid bye-don conclusions all you want.

That's better than the Ram record of two appointments for a emissions update (recall), and three appointments to address a safety recall (bed step).

Every car I have ever owned, rented and test drove has had a functioning radio, heater and AC. Ram couldn't fix a 2019 Laramie's problems while under warranty. LOL.

If it stops your incessant complaining I’ll give you a pro tip…
Vehicles with major electrical issues sometimes have a short and catch fire….;)

[Grit_dog]

4x4ord wrote:
It would be interesting to know how many weeks income it takes of, say a school teacher, to equal the cost of a 4x4 crew cab pick up now vs in 2000. Regardless for many people the older they get the wealthier they get and the easier it is to purchase a vehicle. My first vehicle nearly emptied my piggy bank.

And part of the issue. Not everyone “should” be able to afford a new 4x4 crew cab pickup. But there sure are a lot of stout car loans out there….

[Devo_the_dog]

goducks10 wrote:

Could've bought one of these.
https://www.autoblog.com/2021/06/14/ford-f-series-super-duty-recall-wheels/

https://www.worktruckonline.com/10147426/ford-recalls-f-350-super-duty-trucks-for-axle-concerns

Big deal. If the SRW 7.3 gas Ford I end up with still has the problem, I'm fairly certain that Ford will either fix it before delivery or I could refuse it until it's fixed. So, dream up stupid bye-don conclusions all you want.

That's better than the Ram record of two appointments for a emissions update (recall), and three appointments to address a safety recall (bed step).

Every car I have ever owned, rented and test drove has had a functioning radio, heater and AC. Ram couldn't fix a 2019 Laramie's problems while under warranty. LOL.

[Lantley]

Timmo! wrote:

Lantley wrote:

Timmo! wrote:
August of 2005 I bought my F150 4x4 Lariat with every option available and paid $36k, financed by Ford's no interest loan. Today it has 77,500 miles. Drove to South Central Oregon a few weeks ago and it averaged 18.5 MPG; around town 13.5 MPG.

When towing TT, it blesses me with 9-10 MPG, even more if I didn't drive 60-65 MPH. My brother in law just paid $75k for his new "used" F250. WTF I say....

I'm not trying to justify your bro. in laws purchase $75K is a lot for a F250.
But there is really no comprison betwen a 2020 F250 and a 2005 F-150.
Your talking apples and oranges and 16 years of technology.

My point is a used F250 (also decked out with all the options) is selling for twice what I paid for my F150, 16 years ago. You are right, "no comprison betwen" the two.

Ff you don't consider price there is still no comparison betwen those 2 trucks.
Yes they are both Ford pick ups but that is where the comparison ends.

[4x4ord]

It would be interesting to know how many weeks income it takes of, say a school teacher, to equal the cost of a 4x4 crew cab pick up now vs in 2000. Regardless for many people the older they get the wealthier they get and the easier it is to purchase a vehicle. My first vehicle nearly emptied my piggy bank.

[goducks10]

Devo the dog wrote:

Timmo! wrote:
August of 2005 I bought my F150 4x4 Lariat with every option available and paid $36k, financed by Ford's no interest loan. Today it has 77,500 miles. Drove to South Central Oregon a few weeks ago and it averaged 18.5 MPG; around town 13.5 MPG.

When towing TT, it blesses me with 9-10 MPG, even more if I didn't drive 60-65 MPH. My brother in law just paid $75k for his new "used" F250. WTF I say....

In 2006, I bought a used 2005 Ford F350 Dually V10 from a Ford dealer. It had a little over 20,000 miles. It came with a factory extended 4 year, 75,000 mile warranty, which gave me 4 years of warranty to almost 100,000 miles.

It cost $20,000 out the door, including tax and license.

20 years later, it has only been at Ford once for a repair to check on an ABS light which they fixed under warranty (loose connector). It now has 146,000 and everything works fine. Even the radio, heater and AC work.

In 2019, I ordered and bought a Ram 3500 Dually HO and it cost much more than the Ford, and at the time I didn't care. Since then, It had three recalls, plus was in the shop numerous times for radio, AC, Heater, clunks, and transmission issues, etc.

Ram couldn't fix the radio, heater, AC or clunks even though TSBs exist.

Even though the title of the thread is "The price of new trucks is beyond comprehension! ", in my opinion, "The incompetence of Ram and their dealerships s beyond comprehension."

Could've bought one of these.
https://www.autoblog.com/2021/06/14/ford-f-series-super-duty-recall-wheels/

https://www.worktruckonline.com/10147426/ford-recalls-f-350-super-duty-trucks-for-axle-concerns

[Ivylog]

And there’s only 5% inflation today l. A 1964 half dollar coin is worth more than $10 today… in 57 years a dollar is now worth 5 cents compared to what it would buy in 1964. A millionaire used to be a rich person but today you have to be a multi, multi millionaire.

[Devo_the_dog]

Timmo! wrote:
August of 2005 I bought my F150 4x4 Lariat with every option available and paid $36k, financed by Ford's no interest loan. Today it has 77,500 miles. Drove to South Central Oregon a few weeks ago and it averaged 18.5 MPG; around town 13.5 MPG.

When towing TT, it blesses me with 9-10 MPG, even more if I didn't drive 60-65 MPH. My brother in law just paid $75k for his new "used" F250. WTF I say....

In 2006, I bought a used 2005 Ford F350 Dually V10 from a Ford dealer. It had a little over 20,000 miles. It came with a factory extended 4 year, 75,000 mile warranty, which gave me 4 years of warranty to almost 100,000 miles.

It cost $20,000 out the door, including tax and license.

20 years later, it has only been at Ford once for a repair to check on an ABS light which they fixed under warranty (loose connector). It now has 146,000 and everything works fine. Even the radio, heater and AC work.

In 2019, I ordered and bought a Ram 3500 Dually HO and it cost much more than the Ford, and at the time I didn't care. Since then, It had three recalls, plus was in the shop numerous times for radio, AC, Heater, clunks, and transmission issues, etc.

Ram couldn't fix the radio, heater, AC or clunks even though TSBs exist.

Even though the title of the thread is "The price of new trucks is beyond comprehension! ", in my opinion, "The incompetence of Ram and their dealerships s beyond comprehension."

[BobsYourUncle]

ReneeG wrote:

GDS-3950BH wrote:
We had to walk 11 miles to school, in 4 feet of snow, uphill both ways, with no shoes.

:B Not me, had the 11 miles of 4 foot snow, but my dad drove us and picked us up.

And likely in an old pickup he paid 5 grand for new! :B

[ReneeG]

GDS-3950BH wrote:
We had to walk 11 miles to school, in 4 feet of snow, uphill both ways, with no shoes.

:B Not me, had the 11 miles of 4 foot snow, but my dad drove us and picked us up.

[Timmo_]

time2roll wrote:

Timmo! wrote:
August of 2005 I bought my F150 4x4 Lariat with every option available and paid $36k, financed by Ford's no interest loan. Today it has 77,500 miles. Drove to South Central Oregon a few weeks ago and it averaged 18.5 MPG; around town 13.5 MPG.

Excellent!

I gave about $31,000 in 2001 with most every option but the rear seat entertainment and no sunroof. No zero % back before 9-11.
205,000 miles now getting 8 towing and maybe 14 around town.
Everything works great except the CD player.
Probably my last truck with todays prices.

Ditto here, probably my last F150 purchase as well. I'm just north of 65 and plan to celebrate my centennial b-day with my friends. LOL, got all the options including butt warmers, sunroof, audiophile extras (including jumbo woofer under back seat), 18" wheels, rock guard....).

[Timmo_]

Lantley wrote:

Timmo! wrote:
August of 2005 I bought my F150 4x4 Lariat with every option available and paid $36k, financed by Ford's no interest loan. Today it has 77,500 miles. Drove to South Central Oregon a few weeks ago and it averaged 18.5 MPG; around town 13.5 MPG.

When towing TT, it blesses me with 9-10 MPG, even more if I didn't drive 60-65 MPH. My brother in law just paid $75k for his new "used" F250. WTF I say....

I'm not trying to justify your bro. in laws purchase $75K is a lot for a F250.
But there is really no comprison betwen a 2020 F250 and a 2005 F-150.
Your talking apples and oranges and 16 years of technology.

My point is a used F250 (also decked out with all the options) is selling for twice what I paid for my F150, 16 years ago. You are right, "no comprison betwen" the two.

[ford_truck_guy]

Huntindog wrote:

ford truck guy wrote:
MY son in law has a 2022 F250 Lariat in production as I type this. The MSRP is $78,230.00.. SELLING price is $69,750.00.. THESE trucks have gotten WAY expensive ! !

Used vehicles are real expensive now too.

It is all relative.

True that !

He is getting $30k trade for a truck he purchased in 2017 for $34k... my brother in law purchased his 2016 F250 in 2016 for 33k... getting 30k trade also on his new F350..