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$71,000 for a Pickup Truck !?
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JTK
$100 Site Donor 2025
Given the fact a run of the mill (to me) new F150, big cab, short bed 4x4 can easily sticker in at $40K+ and people are buying/leasing them like crazy, I can surely see a market for a $71K pickup truck.
As much as I miss owning and driving pickups, I absolutely cannot justify one anymore. My brand new 1995 Chevy W/T, 4.3L, reg cab, short bed, 5spd, cost me $14K and was a nice truck to me. I wish basic trucks could still be had for well under $20K. Can you imagine the profits on them now?
As much as I miss owning and driving pickups, I absolutely cannot justify one anymore. My brand new 1995 Chevy W/T, 4.3L, reg cab, short bed, 5spd, cost me $14K and was a nice truck to me. I wish basic trucks could still be had for well under $20K. Can you imagine the profits on them now?
According to the Westegg.com inflation calculator: "What cost $14000 in 1995 would cost $21484.63 in 2014."
My Frontier cost me less than that and has more equipment than a W/T would, but I'm sure it carries and tows a little less.
My Frontier cost me less than that and has more equipment than a W/T would, but I'm sure it carries and tows a little less.
Originally Posted By: Nate1979
Originally Posted By: gfh77665
I own 6 houses. I hope that irritates the living [censored] out of the critics! LOL
LOL.
Everyone has the right to criticize and judge other persons activities. But that opinion is worthless so it doesn't really matter.
Buying anything more than an econobox with no options is more than anyone may need for personal transportation. But life is too short and I feel sorry for the people who go through life living on the bare minimum when they can afford a little more and enjoy life much more.
Some enjoy life by spending all their earning, some enjoy seeing their saving growing every week/month.
Originally Posted By: gfh77665
I own 6 houses. I hope that irritates the living [censored] out of the critics! LOL
LOL.
Everyone has the right to criticize and judge other persons activities. But that opinion is worthless so it doesn't really matter.
Buying anything more than an econobox with no options is more than anyone may need for personal transportation. But life is too short and I feel sorry for the people who go through life living on the bare minimum when they can afford a little more and enjoy life much more.
Some enjoy life by spending all their earning, some enjoy seeing their saving growing every week/month.
Surfstar,
Not to get off topic: When are you getting rid of your Civic HX ?
I want to buy it.
Not to get off topic: When are you getting rid of your Civic HX ?
I want to buy it.
Originally Posted By: Mr Nice
Surfstar,
Not to get off topic: When are you getting rid of your Civic HX ?
I want to buy it.
You're not the first BITOGer to inquire about it!
My sister is currently racking up the miles (and enjoying the gas savings vs her 4runner) on it with a ~90mi/day commute. I think its around 184k now. I might let her drive it into the ground, however long that may take...
That one time I waxed it: http://www.bobistheoilguy.com/forums/ubb...rue#Post3019036
Now back to arguing about $71k trucks
Surfstar,
Not to get off topic: When are you getting rid of your Civic HX ?
I want to buy it.
You're not the first BITOGer to inquire about it!
My sister is currently racking up the miles (and enjoying the gas savings vs her 4runner) on it with a ~90mi/day commute. I think its around 184k now. I might let her drive it into the ground, however long that may take...
That one time I waxed it: http://www.bobistheoilguy.com/forums/ubb...rue#Post3019036
Now back to arguing about $71k trucks
Originally Posted By: HTSS_TR
Originally Posted By: Nate1979
Originally Posted By: gfh77665
I own 6 houses. I hope that irritates the living [censored] out of the critics! LOL
LOL.
Everyone has the right to criticize and judge other persons activities. But that opinion is worthless so it doesn't really matter.
Buying anything more than an econobox with no options is more than anyone may need for personal transportation. But life is too short and I feel sorry for the people who go through life living on the bare minimum when they can afford a little more and enjoy life much more.
Some enjoy life by spending all their earning, some enjoy seeing their saving growing every week/month.
There are people who just adding power windows to an econobox is spending all their earnings. But my point is that if you can afford it, spending a little extra can cause years of enjoyment instead of driving something that may be uncomfortable. Regardless just because someone spends $71k on a truck doesn't mean they are also saving enough money to build a nest egg.
Personally when I see someone driving a truck I think at least they have something that can do some work. When I see someone driving a sports car I see waste. But to each their own. Everyone gets to make their own choices.
Originally Posted By: Nate1979
Originally Posted By: gfh77665
I own 6 houses. I hope that irritates the living [censored] out of the critics! LOL
LOL.
Everyone has the right to criticize and judge other persons activities. But that opinion is worthless so it doesn't really matter.
Buying anything more than an econobox with no options is more than anyone may need for personal transportation. But life is too short and I feel sorry for the people who go through life living on the bare minimum when they can afford a little more and enjoy life much more.
Some enjoy life by spending all their earning, some enjoy seeing their saving growing every week/month.
There are people who just adding power windows to an econobox is spending all their earnings. But my point is that if you can afford it, spending a little extra can cause years of enjoyment instead of driving something that may be uncomfortable. Regardless just because someone spends $71k on a truck doesn't mean they are also saving enough money to build a nest egg.
Personally when I see someone driving a truck I think at least they have something that can do some work. When I see someone driving a sports car I see waste. But to each their own. Everyone gets to make their own choices.
ls1mike
$50 Site Donor 2025
Originally Posted By: surfstar
My sister is currently racking up the miles (and enjoying the gas savings vs her 4runner) on it with a ~90mi/day commute. I think its around 184k now. I might let her drive it into the ground, however long that may take...
That one time I waxed it: http://www.bobistheoilguy.com/forums/ubb...rue#Post3019036
Now back to arguing about $71k trucks
Good! Because that is what I am here for...
.
See I think a 90 mile plus commute a day is unreasonable. I won't say irresponsible because I don't know your sisters situation. I made sure I could afford to live where I work. My round trip is 19 miles each day. None of my cars use more than a gallon of gas a day to make that commute. The truck would use about 1.2 gallons.
All 4 cars might see 15,000 miles a year combined. This year was a bit heavier maybe 18,000 combined.
My sister is currently racking up the miles (and enjoying the gas savings vs her 4runner) on it with a ~90mi/day commute. I think its around 184k now. I might let her drive it into the ground, however long that may take...
That one time I waxed it: http://www.bobistheoilguy.com/forums/ubb...rue#Post3019036
Now back to arguing about $71k trucks
Good! Because that is what I am here for...
See I think a 90 mile plus commute a day is unreasonable. I won't say irresponsible because I don't know your sisters situation. I made sure I could afford to live where I work. My round trip is 19 miles each day. None of my cars use more than a gallon of gas a day to make that commute. The truck would use about 1.2 gallons.
All 4 cars might see 15,000 miles a year combined. This year was a bit heavier maybe 18,000 combined.
90% of Fords profits are from trucks and truck based SUVs. I would think that would be the case with GM and Chrysler.
Why did MB dump Chrylser because they could sell and make money on all of the Chrysler portfolio?
When you are in the business to build anything there MUST be a profit margin, now the big 3 can build bigger and bigger and dump all those trucks onto consumers and run the business. There is a stark outcome of this madness that is your trucks are worth less than you bought it for thanks to over capacity.
In essence they are building everything else at a loss and running on big trucks. The big 3 never ever learn their lessons to put all eggs in one basket or they really have an unlike ability in the presence of great vehicles from Asian competitors.
Ford is making changes but default getting a V6 into their venerable F150 line, they do know the worse days are ahead of them though it looks great today in the books
Why did MB dump Chrylser because they could sell and make money on all of the Chrysler portfolio?
When you are in the business to build anything there MUST be a profit margin, now the big 3 can build bigger and bigger and dump all those trucks onto consumers and run the business. There is a stark outcome of this madness that is your trucks are worth less than you bought it for thanks to over capacity.
In essence they are building everything else at a loss and running on big trucks. The big 3 never ever learn their lessons to put all eggs in one basket or they really have an unlike ability in the presence of great vehicles from Asian competitors.
Ford is making changes but default getting a V6 into their venerable F150 line, they do know the worse days are ahead of them though it looks great today in the books
Why are European and Asian makes not having a large truck portfolio because you go down that lane and tell Wall Street the EPS has jumped phenomenally, what is the next thing investors asks, keeps giving me these returns+dividends else I will big you down so fast that the stock is worthless.
That is the very reason you have to grow your entire portfolio and not just betting on one piece of the company.
EOD we the middle class are the the loosers, they went to bankruptcy, killed the pensions that they never were to honor, dramatically reducing resale values, etc etc. the list can go on and on. How can a bankrupt company (GM) suddenly post great results, all hogwash?
IMO 90% of the owners of trucks and truck based SUVs have no real use for them other than bragging rights and worse off then there was this guy in this thread who believed the bigger will save his family from a crash.
That is the very reason you have to grow your entire portfolio and not just betting on one piece of the company.
EOD we the middle class are the the loosers, they went to bankruptcy, killed the pensions that they never were to honor, dramatically reducing resale values, etc etc. the list can go on and on. How can a bankrupt company (GM) suddenly post great results, all hogwash?
IMO 90% of the owners of trucks and truck based SUVs have no real use for them other than bragging rights and worse off then there was this guy in this thread who believed the bigger will save his family from a crash.
Its no grand conspiracy that companies make tons of money on trucks. While people discover this fact they somehow think they are smarter by not buying a product that a company profits from. The answer is once again buried in conspicuous consumption that predates to chaquita bannanas in the 1950's and controlling the masses.
Originally Posted By: MaximaGuy
there was this guy in this thread who believed the bigger will save his family from a crash.
While you are on your discovery on how the world works, learn some physics too, like how a Ram 2500 will absolutely destroy a smaller vehicle in a head on collision.
Originally Posted By: MaximaGuy
there was this guy in this thread who believed the bigger will save his family from a crash.
While you are on your discovery on how the world works, learn some physics too, like how a Ram 2500 will absolutely destroy a smaller vehicle in a head on collision.
Originally Posted By: cptbarkey
While you are on your discovery on how the world works, learn some physics too, like how a Ram 2500 will absolutely destroy a smaller vehicle in a head on collision.
While I am discovering understanding the madness of truck ownership, I must add I have a MSEE, so I do understand a few things about engg and physics.
Owning a 2500HD in the event a mooron would cross the double line and get to you/family is pure hypothetical and you are living in a world of fear of death. One of the most stupid talking point and that only can come from a truck owner to justify the end.
While you are on your discovery on how the world works, learn some physics too, like how a Ram 2500 will absolutely destroy a smaller vehicle in a head on collision.
While I am discovering understanding the madness of truck ownership, I must add I have a MSEE, so I do understand a few things about engg and physics.
Owning a 2500HD in the event a mooron would cross the double line and get to you/family is pure hypothetical and you are living in a world of fear of death. One of the most stupid talking point and that only can come from a truck owner to justify the end.
Originally Posted By: MaximaGuy
Owning a 2500HD in the event a mooron would cross the double line and get to you/family is pure hypothetical and you are living in a world of fear of death.
So, frankly, is buckling your seatbelt, protecting yourself from a hypothetical threat. It's just on a different scale. I, personally, don't consider the safety advantage to larger vehicles to be a stupid talking point at all (and I don't own a truck).
Everything's relative. You stand a better chance in most incidents in a Camry vs. a Yaris. You also stand a better chance in a Tundra vs. a Camry. If physics are one aspect of a purchase decision for someone, I'm all for that.
Owning a 2500HD in the event a mooron would cross the double line and get to you/family is pure hypothetical and you are living in a world of fear of death.
So, frankly, is buckling your seatbelt, protecting yourself from a hypothetical threat. It's just on a different scale. I, personally, don't consider the safety advantage to larger vehicles to be a stupid talking point at all (and I don't own a truck).
Everything's relative. You stand a better chance in most incidents in a Camry vs. a Yaris. You also stand a better chance in a Tundra vs. a Camry. If physics are one aspect of a purchase decision for someone, I'm all for that.
Originally Posted By: MaximaGuy
Originally Posted By: cptbarkey
While you are on your discovery on how the world works, learn some physics too, like how a Ram 2500 will absolutely destroy a smaller vehicle in a head on collision.
While I am discovering understanding the madness of truck ownership, I must add I have a MSEE, so I do understand a few things about engg and physics.
Owning a 2500HD in the event a mooron would cross the double line and get to you/family is pure hypothetical and you are living in a world of fear of death. One of the most stupid talking point and that only can come from a truck owner to justify the end.
That goes back to my conspicuous consumption concept, where people buy things and make decisions based on fear, not necessarily intelligence or wisdom. Do I claim to be better or smarter then anyone else? Nope, but lots of people here do make the proclamation.
Originally Posted By: cptbarkey
While you are on your discovery on how the world works, learn some physics too, like how a Ram 2500 will absolutely destroy a smaller vehicle in a head on collision.
While I am discovering understanding the madness of truck ownership, I must add I have a MSEE, so I do understand a few things about engg and physics.
Owning a 2500HD in the event a mooron would cross the double line and get to you/family is pure hypothetical and you are living in a world of fear of death. One of the most stupid talking point and that only can come from a truck owner to justify the end.
That goes back to my conspicuous consumption concept, where people buy things and make decisions based on fear, not necessarily intelligence or wisdom. Do I claim to be better or smarter then anyone else? Nope, but lots of people here do make the proclamation.
I suspect I am far more to be in an accident with my tall top heavy truck truck with low rear weight than I was in my cars. Sure, in my cars I drive more aggressively (finally getting out of that habit); but I have zero confidence in my truck. I might "win" in a head-on but I suspect it far more likely that I will wind up ditching and rolling without any involvement from other vehicles.
Originally Posted By: ls1mike
Originally Posted By: surfstar
Now back to arguing about $71k trucks
Good! Because that is what I am here for...
.
See I think a 90 mile plus commute a day is unreasonable. I won't say irresponsible because I don't know your sisters situation. I made sure I could afford to live where I work. My round trip is 19 miles each day. None of my cars use more than a gallon of gas a day to make that commute. The truck would use about 1.2 gallons.
All 4 cars might see 15,000 miles a year combined. This year was a bit heavier maybe 18,000 combined.
This is another point that drives home the fact that it varies by person/family. I put a lot of miles on my vehicles despite living etc, then it would open up what vehicles would work better for our situation. Due to high gas prices in CA and high miles per year, we focus on mpg as a major part of our utility.
Your larger vehicles may "guzzle gas", but overall less miles make it a wash.
$71k for a TRUCK, is still crazy (unless it is making you a lot of money). I'd rather buy a sports car and a stripper/used truck for the same $!
Originally Posted By: surfstar
Now back to arguing about $71k trucks
Good! Because that is what I am here for...
See I think a 90 mile plus commute a day is unreasonable. I won't say irresponsible because I don't know your sisters situation. I made sure I could afford to live where I work. My round trip is 19 miles each day. None of my cars use more than a gallon of gas a day to make that commute. The truck would use about 1.2 gallons.
All 4 cars might see 15,000 miles a year combined. This year was a bit heavier maybe 18,000 combined.
This is another point that drives home the fact that it varies by person/family. I put a lot of miles on my vehicles despite living etc, then it would open up what vehicles would work better for our situation. Due to high gas prices in CA and high miles per year, we focus on mpg as a major part of our utility.
Your larger vehicles may "guzzle gas", but overall less miles make it a wash.
$71k for a TRUCK, is still crazy (unless it is making you a lot of money). I'd rather buy a sports car and a stripper/used truck for the same $!
Originally Posted By: ls1mike
Originally Posted By: surfstar
My sister is currently racking up the miles (and enjoying the gas savings vs her 4runner) on it with a ~90mi/day commute. I think its around 184k now. I might let her drive it into the ground, however long that may take...
That one time I waxed it: http://www.bobistheoilguy.com/forums/ubb...rue#Post3019036
Now back to arguing about $71k trucks
Good! Because that is what I am here for...
.
See I think a 90 mile plus commute a day is unreasonable. I won't say irresponsible because I don't know your sisters situation. I made sure I could afford to live where I work. My round trip is 19 miles each day. None of my cars use more than a gallon of gas a day to make that commute. The truck would use about 1.2 gallons.
All 4 cars might see 15,000 miles a year combined. This year was a bit heavier maybe 18,000 combined.
I do, too. My office is less than a mile from my primary residence. I could drive my V12 every day and use less gas than 99.9% of the people driving penalty boxes.
Back OT. I run hot and cold on expensive vehicles. Right now it seems like a lot of coin for a truck that doesn't have an expensive nameplate, but, not my money, not my business.
Originally Posted By: surfstar
My sister is currently racking up the miles (and enjoying the gas savings vs her 4runner) on it with a ~90mi/day commute. I think its around 184k now. I might let her drive it into the ground, however long that may take...
That one time I waxed it: http://www.bobistheoilguy.com/forums/ubb...rue#Post3019036
Now back to arguing about $71k trucks
Good! Because that is what I am here for...
See I think a 90 mile plus commute a day is unreasonable. I won't say irresponsible because I don't know your sisters situation. I made sure I could afford to live where I work. My round trip is 19 miles each day. None of my cars use more than a gallon of gas a day to make that commute. The truck would use about 1.2 gallons.
All 4 cars might see 15,000 miles a year combined. This year was a bit heavier maybe 18,000 combined.
I do, too. My office is less than a mile from my primary residence. I could drive my V12 every day and use less gas than 99.9% of the people driving penalty boxes.
Back OT. I run hot and cold on expensive vehicles. Right now it seems like a lot of coin for a truck that doesn't have an expensive nameplate, but, not my money, not my business.
Originally Posted By: JTK
Given the fact a run of the mill (to me) new F150, big cab, short bed 4x4 can easily sticker in at $40K+ and people are buying/leasing them like crazy, I can surely see a market for a $71K pickup truck.
As much as I miss owning and driving pickups, I absolutely cannot justify one anymore. My brand new 1995 Chevy W/T, 4.3L, reg cab, short bed, 5spd, cost me $14K and was a nice truck to me. I wish basic trucks could still be had for well under $20K. Can you imagine the profits on them now?
You can buy basic WT from all three manufactures new for $17k-$20k.
No margin on them, but consider that the $40k+ version is more or less the same thing with some cheap to manufacture features added. The margins must be huge.
Given the fact a run of the mill (to me) new F150, big cab, short bed 4x4 can easily sticker in at $40K+ and people are buying/leasing them like crazy, I can surely see a market for a $71K pickup truck.
As much as I miss owning and driving pickups, I absolutely cannot justify one anymore. My brand new 1995 Chevy W/T, 4.3L, reg cab, short bed, 5spd, cost me $14K and was a nice truck to me. I wish basic trucks could still be had for well under $20K. Can you imagine the profits on them now?
You can buy basic WT from all three manufactures new for $17k-$20k.
No margin on them, but consider that the $40k+ version is more or less the same thing with some cheap to manufacture features added. The margins must be huge.
Originally Posted By: MaximaGuy
90% of Fords profits are from trucks and truck based SUVs. I would think that would be the case with GM and Chrysler.
Source please. Cause I find it hard to believe that all the Escapes, Explorers, Edges, Flexes, Taurus's, Fusions, Focus, Cruze, Malibu, Impala, Verano, Regal, etc are being sold at a loss or near cost.
Quote:
The big 3 never ever learn their lessons to put all eggs in one basket or they really have an unlike ability in the presence of great vehicles from Asian competitors.
Ignoring the fact that the Fusion, Focus, Fiesta, Cruze, Spark, Impala,etc are all very competitive and in some cases better than the Camry, Accord, Corolla, Civic.
As far as $71k trucks, why do I care what someone spends their money on. If they need or want the utility of a truck and the luxuries that $71k buy who cares? No different than the guy in the Ferrari that never tracks it. They are both impractical vehicles.
You don't know someone's financial situation either. Maybe they are single, in their 40's with a well paying job. No kids to leave money to and a decent amount of disposable income to spend. The end game for them is to die with as close to $0 that they can. Let them enjoy their $$ without the badgering.
90% of Fords profits are from trucks and truck based SUVs. I would think that would be the case with GM and Chrysler.
Source please. Cause I find it hard to believe that all the Escapes, Explorers, Edges, Flexes, Taurus's, Fusions, Focus, Cruze, Malibu, Impala, Verano, Regal, etc are being sold at a loss or near cost.
Quote:
The big 3 never ever learn their lessons to put all eggs in one basket or they really have an unlike ability in the presence of great vehicles from Asian competitors.
Ignoring the fact that the Fusion, Focus, Fiesta, Cruze, Spark, Impala,etc are all very competitive and in some cases better than the Camry, Accord, Corolla, Civic.
As far as $71k trucks, why do I care what someone spends their money on. If they need or want the utility of a truck and the luxuries that $71k buy who cares? No different than the guy in the Ferrari that never tracks it. They are both impractical vehicles.
You don't know someone's financial situation either. Maybe they are single, in their 40's with a well paying job. No kids to leave money to and a decent amount of disposable income to spend. The end game for them is to die with as close to $0 that they can. Let them enjoy their $$ without the badgering.
Originally Posted By: itguy08
Originally Posted By: MaximaGuy
90% of Fords profits are from trucks and truck based SUVs. I would think that would be the case with GM and Chrysler.
Source please.
"The F-Series, including larger versions such as the F-250, accounts for 90 percent of the Dearborn, Michigan-based company’s global automotive profit, according to Morgan Stanley."
http://www.bloomberg.com/news/articles/2...ear-fields-says
Originally Posted By: MaximaGuy
90% of Fords profits are from trucks and truck based SUVs. I would think that would be the case with GM and Chrysler.
Source please.
"The F-Series, including larger versions such as the F-250, accounts for 90 percent of the Dearborn, Michigan-based company’s global automotive profit, according to Morgan Stanley."
http://www.bloomberg.com/news/articles/2...ear-fields-says
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