when will the price top out

Thread Tools
 
Search this Thread
 
  #1  
Old 10-29-2010, 11:12 AM
redfx4150's Avatar
Senior Member
Thread Starter
Join Date: Apr 2009
Location: Columbus
Posts: 430
Likes: 0
Received 0 Likes on 0 Posts
when will the price top out

just wondering when the price will top out for trucks not to long ago a load truck new was 20 then 30 then 40 now most are within 45 to 55 grand and that only half ton trucks

and 3/4 or 1 tons trucks are even higher

then most base models are starting out a 22 to 25 grand

any bets how high prices can go?
 
  #2  
Old 10-29-2010, 11:39 AM
dirt bike dave's Avatar
Senior Member
Join Date: Aug 1999
Location: Bakersfield, CA, USA
Posts: 1,506
Likes: 0
Received 0 Likes on 0 Posts
When the inflation hits in a few years, they are going to be a lot more.
 
  #3  
Old 10-29-2010, 11:46 AM
GreenBuck50's Avatar
Senior Member
Join Date: Aug 2002
Posts: 1,869
Likes: 0
Received 0 Likes on 0 Posts
As long as people can keep getting loans to buy them, and feel they need that expensive of a truck, the price will stay there and keep going up.
 
  #4  
Old 10-29-2010, 11:50 AM
harleydude78's Avatar
Senior Member
Join Date: May 2004
Location: Crestview, FL
Posts: 195
Likes: 0
Received 0 Likes on 0 Posts
they just keep making car loans longer to keep the payments the same. An 84 month car loan isn't all that unheard of nowadays, with 72 month loan becoming more of a norm. When I bought my 2001 Harley Davidson F150 Supercrew, I got it for $29k OTD fully loaded. The 2011 HD F150 is over $55k!! No way I can afford one, I know my paycheck over the past 10 years hasn't gone up like that!
 
  #5  
Old 10-29-2010, 12:08 PM
artgarcia's Avatar
Senior Member
Join Date: Feb 2004
Location: MONTERREY MEXICO
Posts: 652
Received 0 Likes on 0 Posts
It's very easy to know why our trucks cost more. It's a combination of inflation with equipment, technology, safefty, more capable and fuel efficient, greener trucks. All these make the price uphill.
 
  #6  
Old 10-29-2010, 12:11 PM
sean46's Avatar
Senior Member
Join Date: Aug 2003
Location: Circleville, Ohio
Posts: 245
Likes: 0
Received 0 Likes on 0 Posts
I cant fathom paying $40,000 for a new truck unless I'm making money with it. My wife and I do okay but there is no way I could ever pay that much for any vehicle. Her new CRV was $24K and I still cringe over that.
 
  #7  
Old 10-29-2010, 04:34 PM
Micheal's Avatar
Senior Member
Join Date: Jun 2007
Location: Mustang, Oklahoma
Posts: 500
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by greenbuck50
as long as people can keep getting loans to buy them, and feel they need that expensive of a truck, the price will stay there and keep going up.
^^^ x 2
 
  #8  
Old 10-29-2010, 04:36 PM
rcantu's Avatar
Senior Member
Join Date: Nov 1999
Location: Orange County, CA
Posts: 319
Likes: 0
Received 0 Likes on 0 Posts
I remember my 87 Escort was $4k plus TTL. I've seen prices on all cars just go up and up. It's insane.
 
  #9  
Old 10-29-2010, 04:39 PM
stoffer's Avatar
Senior Member


Join Date: Apr 2004
Location: missing Texas...
Posts: 13,647
Received 73 Likes on 66 Posts
Originally Posted by sean46
I cant fathom paying $40,000 for a new truck unless I'm making money with it. My wife and I do okay but there is no way I could ever pay that much for any vehicle. Her new CRV was $24K and I still cringe over that.
the mention of you purchasing a CRV makes me cringe...
 
  #10  
Old 10-29-2010, 04:52 PM
sean46's Avatar
Senior Member
Join Date: Aug 2003
Location: Circleville, Ohio
Posts: 245
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by tarajerame
the mention of you purchasing a CRV makes me cringe...
Sorry bro....to each their own. I buy Ford trucks and Mustangs. Everything else is Honda. If I had your money I could probably spend more freely too.
 

Last edited by sean46; 10-29-2010 at 05:15 PM.
  #11  
Old 10-29-2010, 05:19 PM
88racing's Avatar
Technical Article Contributor

Join Date: Apr 2009
Location: In the fast lane from LA to Tokyo...
Posts: 10,697
Likes: 0
Received 14 Likes on 14 Posts
Originally Posted by harleydude78
they just keep making car loans longer to keep the payments the same. An 84 month car loan isn't all that unheard of nowadays, with 72 month loan becoming more of a norm. When I bought my 2001 Harley Davidson F150 Supercrew, I got it for $29k OTD fully loaded. The 2011 HD F150 is over $55k!! No way I can afford one, I know my paycheck over the past 10 years hasn't gone up like that!
Agreed.......
It's just amazing how everything else increases in price but our wages still remain stagnant.....
 
  #12  
Old 10-29-2010, 09:18 PM
racer114's Avatar
Senior Member
Join Date: Mar 2010
Location: Roanoke, Texas
Posts: 464
Likes: 0
Received 0 Likes on 0 Posts
Vehicle prices in general are out of control. Not long ago, the average new vehicle was about $22K. They say it is closer to $30K now. But, go look at new lots. Econoboxes sticker at $20k+. Trucks are SUVs that are well equipped are easily into the $40s and $50s. At least on the trucks they discount the heck out of them, not true on most other vehicles. If you get $5K off, you are doing really well on other vehicles.

Then there is the ridiculous depreciation. For some reason, I keep buying new vehicles as opposed to used. I just like having them from day one. But they are money pits. I can say both of my 2010 F-150s held there value. I lost only $500 on one and made money trading the other. Cars are a totally different story.
 
  #13  
Old 10-29-2010, 09:58 PM
05BlackFX4's Avatar
Technical Article Contributor

Join Date: Oct 2007
Location: Washington
Posts: 1,034
Likes: 0
Received 0 Likes on 0 Posts
Everything has gone way up....look at housing prices. My parents bought their place in 1987 for $164K....before the collapse they had it listed at $524K

Just insane that banks would give loans for that kind of money. I purchased it from my mom this year so she could move to Florida for $294K, appraised for just over $350K but needed some work.

I'm single and work full time and my $275 truck payment is about all I would put into a vehicle since I can't eat the seats.

Prices will continue to go up with all the gadgets these things come with now a day. Don't get me wrong, love the new trucks and one day I will be able to spoil myself with a brand new one off the lot fully loaded
 
  #14  
Old 10-30-2010, 03:57 PM
stoffer's Avatar
Senior Member


Join Date: Apr 2004
Location: missing Texas...
Posts: 13,647
Received 73 Likes on 66 Posts
Originally Posted by sean46
Sorry bro....to each their own. I buy Ford trucks and Mustangs. Everything else is Honda. If I had your money I could probably spend more freely too.
I work with a guy who has a CRV and another who own an accord, I drove 'em each once, it was an awful experience each time and I will never willingly purchase a honda product...
 
  #15  
Old 10-30-2010, 06:34 PM
Drick's Avatar
Senior Member
Join Date: May 2010
Location: Nordern Michigan....Just under da bridge eh!
Posts: 470
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by sean46
Sorry bro....to each their own. I buy Ford trucks and Mustangs. Everything else is Honda. If I had your money I could probably spend more freely too.
And if you keep sending your money to Japan then you wont have a job to make money in the future..
 


Quick Reply: when will the price top out



All times are GMT -4. The time now is 04:23 PM.