My mouth dropped when RAM had a higher price than Ford. Financed a RAM for a v8 nearly 2 years ago (car was totaled in an accident) when Fords in my area were 8-10k higher.
@@jonkeau5155I’ve already had more issues with my 2018 F150 (6.5 years old) than I did over the ownership of my 2006 civic (got rid of it after 10.5 years due to needing a larger vehicle).
Ding ding.. that's the plan.. they just won't come out and say it.. so they have to do it this way to get YOU to come to the conclusions of the behavior they want you to have.. they got caught trying the great reset and it screwed up the projection of how it will all even out should they not get to lock everyone down for years and years..
I just got a 500.00 increase in my auto insurance policy. No accidents no tickets. My vehicle is 20 years old and paid off. Im not looking for a rolling mortgage.
I got 2 vehicles ford f150 & Taurus both 09’s. Insurance this yr is 500+ extra this yr. We are both over 65 years old Too. $1900. Today. No accidents, tickets, nothing. The broker told me everyone’s insurance is going up. One main reason is people are getting hit & a lot of drivers are just leaving the Accident. So we get stuck paying the price. 😡
@@edwinrodeo I hear that about the hit and runs AND the uninsured drivers. AZ is (in)famous for both. I think I'm the only person on my block with insurance. Which I downgraded to the state minimum for the first time in my life.
I read a few articles the other day about why insurance has gone up. The companies' response was because of an increase for car repairs. I went from paying $90 a month to $130, and now it's up to $155
It's our fault for doing it for so long. I've never understood it. The f150 has been the best selling vehicle in America for decades at this point. Nuts
@@JamaicanMeCrazy - Yeah I never understood it. I grew up in a rural area where _everyone_ had a truck, yet hardly anyone used it to haul stuff. The farmers (and there were many farmers out there) always had older trucks with bigger beds. That made sense, but everyone else seemed to do it because it was part of the culture.
I wouldn't be able to afford the insurance, or registration. It's a joke, new trucks 4x4 freshly washed no scratches from off reading. California trucks, ha ha.
Ram initially gained market share because it was a good value compared to Ford & GM. Now it's more expensive plus you get that Stellantis build quality as a bonus.
Seems to, there take it or leave it attitude. What in the world was the market adjusted prices? I bought a car for my daughter in 2013. I researched the average selling price for that model. It was a snob dealership, so I started to keep it walking, and they met the price.
@@mightymikethebearNot sure how you came up with that “factoid”. Comments on this site have been increasingly filled with this type of drivel. This used to be an informative sight, unfortunately it seems to attract people who express opinions that you see here. CIAO!!
For these prices who’s buying American if you don’t need to tow 15000 pounds? Toyota holds value, more reliable and is the same price as the American brands.
@@desmondjefferson2127 In my situation it's because nobody else makes what I need. The diesel Nissan had no payload and mechanical issues that made the worst domestic look positively reliable. The 2nd gen tundra was nice, but my normal tool load was way to much for it. If toyota would come out with a true one ton diesel I'd never buy domestic again. Near zero chance of that happening, so domestics it is.
@@user-oi9bg6fx5t That depend on what models you're looking at. I was seriously looking at a Toyota hybrid until I recently stumbled across the updated Trax. The difference in price:efficiency with my yearly driving means it would be 30-40 years before I recoup the extra $10K spent on a RAV4 hybrid over a Trax, due to fuel savings. Reliability might be the only standard worth paying attention to, but as I've had my reliable Ford for 14 years and +230k miles, I'm not really looking at a car holding value. I just don't need to buy and sell every 5-6 years because I now have extra money to spend. Just don't trash your car, take care of regular maintenance, and most will be suitable for a long time.
Yes, they are unaffordable. I remember as a kid when my dad bought a 1966 Dodge pickup. It wasn’t even 2k but had no options. Why did trucks become a rolling apartment on wheels, and costs just as much? The first house I bought in 1984 was 73k. Many vehicles are above that. Insane.
Not sure what the price of a house 40 years ago or a truck 60 years ago have to do with anything. It is and always has been how affordable something is in comparison to how much people earn. Just using the static price of $2k for a truck 60 years ago doesn't tell anyone anything. But yes, things were much more affordable back then because while prices have gone way up wages have not followed at the same pace.
@@markcowan3366 Incorrect. While all the extra bells and whistles justify a price increase, they don't justify just how much it has increased. Most of these trucks have gone up in MSRP by 30-40% in just the last 3-5 years. I'm pretty sure the cost of manufacturing them have not gone up anywhere near that in the last 3-5 years. Especially from just "bells and whistles". No, there was a temporary shortage from the supply chain which caused a drastic increase. The manufacturers decided they like making all that extra profit now that the supply chain issues are no longer there and raised their sticker price to what people were paying during the pandemic etc.
My first new car an 85 Monte Carlo SS cost $13,000 my first new house around then cost 55 grand with 12% interest, which was a great rate considering the rate was in the upper teens before that. Now a new vehicle costs more than my house and car combined bought back in the mid 80’s. FJB.
@@fratzogmopars well yes, prices are inversely proportional to interest rates. years of super low interest rates led to super high prices. They started rasing rates, but it takes time for the dust to settle
Maybe in that they won't get that expensive ass new truck, but their not buying those overpriced trucks is worse for the manufacturers than it is for consumers. Someone will come along and make a cheaper car/truck to fill that void.
Some consumers are done. Many consumers are not done. If even half the consumers were done, you'd see significant price drops, which have not happened. I'll believe that new truck prices are in freefall when I see it.
100% agree. Don't think they should had no bail out last time, just the fact that they only supplied jobs for China, Mexico etc...on our expense, and give rest of the American workers and American people the middle finger, and still screw us over etc....when we buy their products from them.
My brother-in-law's 2000 Tundra loaded SR5 was totalled by a F3 tornado in 2014. I bought it for $1500. It has a computer, the new trucks are computers that have wheels. It's fast, smooth, is a reasonable size and gets 15 mpg in town and 25 on the highway. It doesn't talk to me or have annoying bells and other sounds. I park it outside because it's already been thru a tornado. The drive train will probably outlive me and if it doesn't I'll drop a new engine in it. My point is there is nothing in a new truck that I want or need. Twenty four years of improvements have complicated the trucks and only slightly improve gas mileage. I can buy one hell of a lot of gas to make up the difference for $70,000.
I'm a one ton truck user, need them for work to haul my tools and parts to various jobs. I was due for a new truck in 21, but prices were absurd. Now my truck is well past its operational life and I'm spending weekends fixing it to nurse it along. Last week we went truck shopping. Stuff is down from peak, but still 25k higher than late 2019. Sadly it's probably as low as it's gonna get with baked in inflation over the last 4 years. One we looked at was a one ton 22' that had been on the lot more than 470 days....
470 days on the lot is no longer a new truck. My 2016 hasn't seen a total of 470 days in the sun its entire life. What you are looking at is a used truck with lot rot and most likely has flat spotted all of the tires. You're buying used at a new truck price.
To your point, I can buy 6 acres of raw, buildable land 2 hours from my current home in the Washington DC area for $50k. I want a new truck but refuse to pay $60k + for one.
Buy a used one instead, through a private sale and pay cash. Do some research on which older trucks to avoid and which are well made. You will also pay way less insurance since you don't have payments, and then you can carry basic insurance on it. Your registration in a lot of states will be less too.
it’s not just pick up trucks. It’s all vehicles that are overpriced because the fact is that’s what’s not selling that’s what’s gonna stay not selling.
You are forgetting one more item, making the 65K+- pickup trucks prices 'untrue': SALES TAX ! Averaging 8.5 to 9% in place like California. So, the real price of a $67K pickup is really $72-$73K Insane.
Absolutely they have turned trucks into Pimp wagons and priced them as such. There's just too much fancy tech built into these trucks thats not needed.
@@StitchJonesthe average buyer seems to be sucked in by cheap trinkets that cost a fortune. Due to dumb regulations, the industry started to turn down the idiot road. After it worked, it continued down that road.
This happened when pickups changed from work vehicles with a single row of seats to Country Cadillacs with 2 rows of seats, leather upholstery, carpeted floors, high tech radio, a height so high that you need a boarding ladder, and tonneau tops.
Trucks, pickup trucks, have morphed into something that has nothing to do with actual work. They're mostly luxury vehicles and there is no reason to stock these things in the numbers that they do. I worked at GM truck assembly and even before I retired I was astonished and asked myself, "who is buying these things?". The sticker prices were outrageous even then.
Got rid of cars in favor of suv's because "higher profit margin"". They could charge more for the same material costs. I paid $19k for my focus ST in 2014. It has push button start, a 5 speed manual, and I can unlock the doors by grabbing the handles. Nothing really extravagant by today's standards. Now in 2024, 10 years later, a Ford Maverick, with the same engine, an automatic transmission, no push button start, and no ability to unlock the car without using the key or pushing the fob, is $25k + . If you want those options you have to buy the lariat package and it's $35k minimum. The material to produce the Maverick is the same or possibly less than the focus st. And my focus st has soft touch materials not just hard plastic.
I sold my pickup years ago and bought a trailer for behind the Expedition I already owned. Eventually sold the big Expedition and bought an economy car. If I need a pickup there is UHaul. Much cheaper than ownership.
emissions standards and gadgets are a big reason for this; even the baseline trucks have to have a ton of stuff under the hood to meet standards. They are going with smaller engines with expensive superchargers, Turbos, and other things to get the same HP that a 5.7 would have gotten on its own. Then add all the same quality of life things that are in a BMW and bam...80k.
My first new truck was a GMC. A few years later I wanted to replace it. The Chevy/GMC dealer laughed me out of the store when I told him what I wanted to pay. Dodge Ram trucks were nearly $10,000 cheaper on equivalent models. I ended up with a new Dodge pretty loaded for the cost of a Chevy work truck price. A few years later Dodge announced they were raising prices across the model range to keep up with the other makers. They got greedy and never saw a ceiling to pricing. Now they’re so inflated they’re in too deep. I’ve been a Dodge/Ram owner for almost 30 years. I’m about priced out on getting another full sized truck.
I bought a used 2014 Ram1500 in 2016 for $26,300 with 13,000 miles on it. It came in on a lease, and was a garage queen. Even had a carpeted bed liner in pristine shape, lol. I remember there were a couple Hellcats sitting in the dealerships for about $65,000. I was thinking, wow that's a lot of money for a toy, but I knew it was a niche market, so big deal. I never thought just a few years later, the average pickup truck would be the same price! So now today, with the CPI coming out higher, it's not going to help truck sales. There is still part of me that goes conspiratorial and thinks this is a covert effort to push people out of gas guzzlers and into more economical vehicles. Like you said, the average person realizes that you don't need tons of steel to get you back and forth to work for many jobs. I drive a 2019 Toyota Yaris for commuting. 45 mpg, and it's all I really need much of the time. However, I also carry construction supplies for projects, and tow a 20' trailer with a New Holland tractor with attachments, so I need a truck occasionally. My plan is to get a good full size truck, like a used V8 Tundra, and use it only when I need to haul, or tow, and basically hold onto it as long as possible. Meanwhile, I will drive econo boxes for normal transit.
You're a wise man. I drive a sedan to and from work and have a big ugly old SUV for hauling stuff for weekend projects. 3/4 of the parking lot at my job is taken up by huge pickups that people use as daily drivers. That's gotta be hard on the wallet with gas prices these days.
@@kevint2958 I had a 2000 V8 Dakota that I retired in 2016 when it rusted to the point it wouldn't pass inspection. Still ran though with 314,000 miles on it.
I was part of the auto industry for over a decade from the late 90's to the late 2000's. A brand new fully loaded Silverado LT3 (LTZ badge not available till 2007) 1500 crew cab 4x4 employee price was under 34K the sticker was $39K. Reg cab work truck sticker was $15K.
I did the math and realized you can rent a Uhaul truck every weekend for 6 years straight and just finally break even with the cost of the average truck now.
People are tired of everything being so damn expensive, cars, houses, rent, food, utilities. I get so mad when i hear the news say wall street had record profits and yet cant afford to pay people a half assed decent salary. Noy asking to be a billionaire, i just want to make enough to afford a comfortable little life for myself
2012 here with 140,000miles. I’ve got many, many yrs left. I could apply the avg payment on a new truck ($700+/mo) to maintenance and upgrades on 2012 and have a ‘new’ truck in a year or two!😂
Watching this while getting a notification that Ford is recalling nearly 43,000 small SUVs. 💀 Apparently gas can leak from the fuel injectors onto hot engine surfaces, obviously increasing the risk of a fire. The recall supposedly covers certain Bronco Sport SUVs from the 2022 and 2023 model years, as well as Escape SUVs from 2022 (All have 1.5-liter engines). “Fuel injectors can crack, and gasoline or vapor can accumulate near ignition sources, possibly touching off fires.” -Ford
@@Mr_Spock512 I say the same thing about Toyota's newest trucks. Plagued with engine failures and transmission issues, yet consumers jump right into a new one because they believe the hype.
Never bought a new vehicle and with current trends I likely never will. Simply put modern day vehicles are just over-priced jumbles of computers stapled onto a few mechanical bits relying on a hap-hazard style of networking (Token ring) to hold it all together. Probably doesn't help that nearly every truck out there is the size of a barn. I've got a 93 ford truck lifted 4" on 35s and this has become quite apparent when I'm in traffic looking up at modern pickup trucks. I think I'll just stick to my 20-30 year old Ford and Toyotas.
I got well over 30% off MSRP on a Sierra Elevation on the last day of Q1... that was the most I'd be willing to pay for a new Truck since the MSRPs are so overinflated.
Yesterday, I purchased a taillight assembly from local GM Dealer for my 2018 GMC Sierra SLT 1500 truck. The parts manager told me that if I bring the broke one to them I would receive a 50.00 core charge discount? (WHAT)! I thought core charge benefits only existed for batteries or rebuildable parts. Anyway, the total price for this ripoff was 860.00! So before anybody commits on why I didn’t buy something off Amazon or some other website, I’m over a barrel with traveling and pulling a trailer so waiting for someone to ship the part to me was no possible. My story has been shared by others who have run into this and it’s really taking a toll on truck or brand loyalty. Remember the days of going to a parts store and getting 1156 or 1157 bulbs and replacing them. So just remember these issues when purchasing vehicles and put sales people on the spot!
I'm so lucky I got in under the wire! I bought a new 2018 F150 in Oct of 18 on sale. STX model, extended cab, 4x4, 2.7 ecoboost. Sticker was $43,700, sale price $31,604. And that, plus the BS other fees is what I paid. Still got out the door a tad under 36k!
Sounds like my truck! 2016 F150 5.0, MSRP was $49k I paid $37k. Paid it off in 2020 and it only has 92k miles on it. The only issue I've had was the water pump went out at 83k miles. Took me and a buddy less than 2 hours in the garage to replace it. I have complete faith it'll go 200k+ easy so I'm set for a while.
I got my new 2016 F150 XLT 4x4 for $36k, which was $13k off the $49k MSRP. Back then, Ford, Chevy, and Ram were always offering $10k+ in incentives for the full size trucks and almost nothing for mid-size trucks, which meant the full size trucks cost the same (or even less) than the mid size. Now it would cost $65k MSRP for an equivalently spec'd F150 XLT, whereas a 2024 Ranger XLT is $45k. It sure seems that Americans were spending like crazy during and post pandemic to deal with their pandemic frustrations, which increased demand while there was limited supply. The automakers took advantage of this and decided to jack up prices as high as they could, because so many of us are hooked on our full size, super comfortable trucks. Like everyone is saying, they will keep charging those prices as long as people keep paying.
I should also mention that my F150 has been my favorite vehicle of all time, but now I have low cylinder pressure which is costing me at least $2k and if that doesn't work, then it's $10k for a new engine. Spending $10k on a replacement engine for an 8 year old vehicle with 82k miles seems crazy until you look at the alternatives. Based on this channel (and my desire to not accrue sizable debt), it simply doesn't make sense to be either a new or a used full size pickup right now. Fingers crossed that the $2k repair will be sufficient...
@@cormaro1376 The Hemi tick is a real thing. But I have the 3.6. I won't let it overheat, that's the weak spot in the V6 with all the plastic and aluminum components.
@@cormaro1376 There are two ways lifters fail. The first is excessive idling (the most common cause of Hemi lifter failures). The second is waiting too long to change the engine oil, particularly when the vehicle is used for a lot of short trips in the winter, which is what causing GM's AFM lifters to fail. People these days buy into the "it's full synthetic it's good for 10k miles!" That oil should be changed by 5k. 3000 miles if it's used for short trips in very cold weather.
@@sabastian4858 It has the 3.6 Pentastar, my 4th 3.6 in various Chrysler products. With regular maintenance I have had very good service from them. The 5.7 Hemi developed the 'hemi tick' but the V6 has been bullet proof for me. I wouldn't want one with the hybrid system of course.
Good info and such good news. As the new truck prices plummet the used truck prices will naturally decline also, and I will be in the market in about 6 months. So I’m looking forward to saving some money.
My 2005 Chevrolet Silverado was less than $2500 purchase price and parts. After a few weekends of work, it runs perfect and does pickup things. I can’t see a house payment for a new truck, maybe if I needed it for business.
Got my 2023 for 41,623$ out the door before sales taxes. Chevy Silverado LT 2023 4x4 with the new 13.4 inch screen (Big screen model) and 6 seats total. Sometimes you gotta just shop around.
@@sabastian4858 Had some rattles on the dash, you got to pressure the dealership to do something about it repair wise or call chevy support to make them do it, other than that I like it. They act like they do not hear anything.
That's true even for Toyota. Prices of their trucks were creeping up even with the 3rd generation Tacoma despite terrible reliability issues and quality control failures. They raised the price of the new Tundra and Tacoma by $20k across the board, but the quality of the new Tundra has been awful. Glaring design issues including big gaps in trip pieces that allow water to collect inside the doors, and serious issues with the new turbocharged engine that is causing them to fail catastrophically. The new Tacoma launched and a lot of buyers are angry at Toyota for adding $20k to the price of every trim level and for adding a totally new engine that they don't trust to be reliable like the engines Toyota built 20 years ago.
The average salary in the United States in 2024 is $59,384 it is recommended not to spend more than half your salary on a car.. and that depends if you're in debt..
I haven’t owned a full size truck since 2007. My 2016 Colorado is paid off and still looks and runs great. It’s a great feeling not having a pile of debt parked in my garage. I plan to hold on to my pickup.
My brother had to ARGUE with Ford for battery and electric in a 22 Ranger. It was under warranty, yet they still argue. I reminded him, to never buy American 😂🤣
I haven’t seen a $61k truck on a lot in two years. Take out fleet sales….how can you have the same tech and luxury in a car for 1/2 the price of a truck? GREED
Ford sold 1 million ICE trucks and vans in 2023. They sold only 24,000 F150 Lightnings. Maybe Ford should learn how to make a capable, desirable and affordable electric pickup truck. Tesla sold 1.8 million EVs in 2023, most at a cost of $50,000 or less. Tesla made a profit doing that. Tesla sold 1.3 million EVs in 2022 and almost 1 million in 2021. Now they have the Cybertruck and they'll soon be on their way to 2 million EVs per year. See where this is going?
Thank goodness I bought my used 2017 Honda Ridgeline in January 2020 for $15,999. Paid $17k out the door, cash. There's no way in hell I'm spending that kinda money on any vehicle. 😅
My 2014 F150 seems to have succumbed to the rust belt much quicker than my 2000 E150. Couple that with the insane prices and that’s a recipe for me to simply living with rust and for longer between purchases.
That's nuts. I just bought a brand new 2023 5.7 hemi ram 1500 on friday for 60k with taxes + interest included, but that's in CAD. USD that would come up to about 44k
2023 with lot rot. How many days has that truck been sitting in the weather? Flat spotted tires its not a new truck. The sun and weather severely damages/wears vehicles.
And your not mentioning government telling these companies that they have to meet a certain efficiency. Get government out of private companies business. Our business.
Where i live in rural north central texas on I 20. The lots for the most part are still empty. One or two half ton truck. Lots of 2500 and 3500 work trucks.
I can't believe they found so many morons to buy these trucks at all. Rams and Fords were popular because you could buy them at a lower price point than GM. This was several years ago. My company bought eight Fords at a time because you could get them so much lower. than Chev. I can't believe manufactures lost their way so fast.
Did the automaker executives really think they could mostly sell higher end trim models during the highest interest rates seen in decades? The management teams at the big three should have their compensation contracts voided, and they should all be fired for this current situation and for not anticipated the EV migration. Funny how every single Tesla vehicle sells and inventory on hand has the least amount of days in stock relative to the big three. Game, set and about to be match.
When I was running a small construction business I bought a new Toyota Tacoma, stripped, bench seat, standard cab, 4 cylinder, for $8,888 from local Toyota's newspaper ad. For running around the city hauling paint, tile, lumber, it was perfect.
Here in Canada when I bought a 2019 Ram rebel reasonably optioned out was $70,000 and change. When I went to trade my truck the 2021 model was near $78,000. So I decided to with 2021 F-150 which had a price of $62,000 which was the XLT Sport with the FX4 package, by the way I had this truck leased for 3 years. Upon my lease ending the same truck only difference was it was 2023 was $75,000 so I decided go with just an XLT Sport without the FX4 and had the 3.5l ecoboost and 3.55 gears which my previous truck was the 5.0l and 3.73 gears and still cost $72,000. I looked at other trucks like the 2023 Ram rebel similar to the 2019 I had before and pretty much the same options as before was $91 or $92,000 and that's before tax and with 6.89% interest which is insane. 1/2 ton trucks aren't worth this kinda money.
My 2019 rst loaded is almost paid for. I thought about keeping it since it has low miles, etc.. the issue now is the insurance cost.. It has doubled within the last couple of years.. I'm currently saving to buy several FOR SALE signs..
In our smalll town sunday the chevy dealer add offered 20k discount off 63k sticker for '24 silverado. He has maybe 50 of them (famous for keeping high inventories). But, no discounts on hd trucks
I purchased a three year old truck in 2007 for $10,400 and drove it for 14 years. You can imagine my level of sticker shock when I begin looking for a replacement in 2020!
Not only are full sized trucks over priced. They no longer last. Seems like they all have issues. It's sad that these new vehicles won't last 100k. Many are in for repair before 30k..... What's the auto industry doing?😢😢😢😢 Sad times.
The last new truck I purchased was a 2000 Silverado 2-WD Reg. Cab Longbox. LS trim, 4.8 V-8 5speed 3.73 G-80 rear. Nuttin' special. The price I paid was $19,900. That same truck today would be triple that. Only problem is I'm not making triple what I did 24 years ago. In fact I'm making less given cost of living and taxes, on all levels, never goes down. Plus the build quality of all truck brands is so poor. Here in the Rust Belt (South Western Pa.), I've seen 2 & 3 year old trucks with serious rust issues. And folks are paying 60K plus fer this. It's a shame
I think Ram is a dead man walking. They were already suffering from the high prices, and when they finally pull the plug on the Hemi for the 1500 nobody is going to want that truck. Regardless of the fact that the new engine is an I6, it's still a 3L engine made from a 2L I4 crossover/small commuter engine. I await the day they get some abuse and start blowing up towing stuff around.
my neighbor walked when they tried recouping their discounts when they lowballed his trade to the point he would end up paying the full msrp before factoring in the interest paid on minimum payments
I bought my last one in 2021. When I pay this one off no more. Not sure what’s next but I’m through going that deeply in debt for a truck. I paid 50 for a lt trailboss with a trade I financed 40000 I will not do it again. I guess I’m a used customer once I wear this one out.
Is it me but can you say this about many things right now? Zillow says the new starter home for most Americans is an apartment since homes coupled with the higher interest rates makes home ownership out of reach for more Americans than ever before. Cars are expensive too....RV's went through the roof and boats too. I go the the market to buy food and I am appalled at the price of what I have in the cart. I buy more store brands that I have ever had. College anyone? Stupid expensive.
I bought a 2009 GMC Canyon 2 wheel drive p/u truck the first day of cash for clunkers program - traded a 98 F 150 with a leaking gas tank and broken driver’s side window and 180,000 miles- Got $ 6600 total discount $ 224 k and still purring No new American car fir me
All I want is a bare bones full size truck with a radio, ac, and a comfy seat. Exposed metal in the cab, commercial carpet, as little plastic as possible, good fuel mileage, and a price tag under 20k.
Bought a 2014 F150 5.0 CPO in 2017 with 15k on the clock. Super Cab with 6.5 bed. Excellent Carfax. Paid 27k. The 2014 is one of the best model years for reliability. Last vehicle was a 1996 Bronco that I had for 21 years. I am happy!
I got an '84 k30 squarebody diesel on 1 toms axles on 38s. Its never paid off. Always doing little stuff to keep it fresh and mechanicly sound. Putting a now vintage Banks turbo on this week. Its got more character than a new truck and its worth 15-20k depending and always will be. But it gets cooler w age, epa smog exempt, no computer onboard w blinky lights on the dash lol
If sales are up on the mid sized truck its simply based on the fact that they are a little cheaper. Ive looked at the Ranger and Frontier they dont have much room inside. My 88 Ranger had more elbow room than the new ones.
Let's be honest. New car price increases far surpassed real wages. They have made almost every car out of reach.
and yet all the truck goons will still finance it
True.... Used to be able to buy a plain Tacoma for a fair price, not now!
Manufacturers have been in bed with credit companies since 2008. That’s why cars have remained more expensive.
My mouth dropped when RAM had a higher price than Ford. Financed a RAM for a v8 nearly 2 years ago (car was totaled in an accident) when Fords in my area were 8-10k higher.
Industry ruined, mission accomplished. Now the push to make electric vehicles top dog.
These prices are nuts! I bet the quality of these trucks hasn't increased the same percentage as the cost.
Quality has been going down for about 10-15 years.
Just wait with the UAW involved all quality will tank. Union workers are the laziest workers there are
Hey dealers , you get greedy you get nothing 😅
I can tell you from hands on experience that the quality has gone down. I think it's purposely. And yes, politics are involved.
@@jonkeau5155I’ve already had more issues with my 2018 F150 (6.5 years old) than I did over the ownership of my 2006 civic (got rid of it after 10.5 years due to needing a larger vehicle).
I've given up on owning another truck. Can't justify the cost. They made the blue collar vehicle unaffordable for the masses.
Well said, I can't even afford a new Tacoma now!!
Right I’ve always drove a sedan. Now that kids are grown and can afford a truck… I can’t
Ding ding.. that's the plan.. they just won't come out and say it.. so they have to do it this way to get YOU to come to the conclusions of the behavior they want you to have.. they got caught trying the great reset and it screwed up the projection of how it will all even out should they not get to lock everyone down for years and years..
Look into the 03-07 (classic) Silverado's with the v8. They're relatively cheap and will run an easy 250k+ miles before anything major is needed.
Back in the day. A truck was made for the blue collar workers
Today all these yuppies drive them and drove the prices up.
I just got a 500.00 increase in my auto insurance policy. No accidents no tickets. My vehicle is 20 years old and paid off. Im not looking for a rolling mortgage.
No explanation from the insurance company as to why? Might be time to find a new one.
@@761jared they are ALL expensive. I have a 25-year-old Tacoma and zero tickets, wrecks, etc, and every six months the premium goes up.
I got 2 vehicles ford f150 & Taurus both 09’s. Insurance this yr is 500+ extra this yr. We are both over 65 years old Too. $1900. Today. No accidents, tickets, nothing. The broker told me everyone’s insurance is going up. One main reason is people are getting hit & a lot of drivers are just leaving the
Accident. So we get stuck paying the price. 😡
@@edwinrodeo I hear that about the hit and runs AND the uninsured drivers. AZ is (in)famous for both. I think I'm the only person on my block with insurance. Which I downgraded to the state minimum for the first time in my life.
I read a few articles the other day about why insurance has gone up. The companies' response was because of an increase for car repairs. I went from paying $90 a month to $130, and now it's up to $155
Turns out people don’t want to spend an entire year of their life working to pay for a damn truck.
It's our fault for doing it for so long. I've never understood it. The f150 has been the best selling vehicle in America for decades at this point. Nuts
@@JamaicanMeCrazy - Yeah I never understood it. I grew up in a rural area where _everyone_ had a truck, yet hardly anyone used it to haul stuff. The farmers (and there were many farmers out there) always had older trucks with bigger beds. That made sense, but everyone else seemed to do it because it was part of the culture.
3 yrs for me.
Most people have to work longer than that, too.
The sales are still only down by 4%. I am shocked they are holding up that well. They should be down about 50%!!!
Sales are down 4% since what date? Maybe sales are only off 4% from the lows of pandemic days. Look for healthy sales volume pre-pandemic.
I wouldn't be able to afford the insurance, or registration. It's a joke, new trucks 4x4 freshly washed no scratches from off reading. California trucks, ha ha.
I have a newspaper from 2019. A nice F150 was going for $36k.
@@JMac85Xand used 2 to 3 years old , under 45k miles went for less than $25k .
I don't believe 4%. Somebody is lying.
"Crew cab" trucks with a 5 ft bed= SUV with open air porch.
Yes not trucks anymore bitch wagons
Exactly! I went shopping for a new truck, and couldn't find anything with a 6.5 bed. I want a TRUCK, not an SUV.
Ram initially gained market share because it was a good value compared to Ford & GM. Now it's more expensive plus you get that Stellantis build quality as a bonus.
Exactly
Yeah, Stellantis is a real dependable Veh. LOL Could not give me one.
Funny how Stellanis brings the sarcasm out of all of us ;
Seems to, there take it or leave it attitude.
What in the world was the market adjusted prices?
I bought a car for my daughter in 2013.
I researched the average selling price for that model.
It was a snob dealership, so I started to keep it walking, and they met the price.
The add on are stupid,dealer prep 2800 good by
Until they drop 40 to 50% I ain't buying and am more than willing not to.
Me too.
Same that's what I'm doing for a challenger
The prices the manufacturers are charging are 2x what they should be. Let them rust on the lots!!
@@mightymikethebearNot sure how you came up with that “factoid”. Comments on this site have been increasingly filled with this type of drivel. This used to be an informative sight, unfortunately it seems to attract people who express opinions that you see here. CIAO!!
EXACTLY! 50% over-priced at least.
cost is higher and reliability is lower. Great deal for them.
FORD wouldn't even honor the warranty 2 years out. I have zero idea why anyone still buys American.
For these prices who’s buying American if you don’t need to tow 15000 pounds? Toyota holds value, more reliable and is the same price as the American brands.
My buddy is a service advisor for Honda... the amount of electrical problems new vehicles have now is insane!
@@desmondjefferson2127 In my situation it's because nobody else makes what I need. The diesel Nissan had no payload and mechanical issues that made the worst domestic look positively reliable. The 2nd gen tundra was nice, but my normal tool load was way to much for it. If toyota would come out with a true one ton diesel I'd never buy domestic again. Near zero chance of that happening, so domestics it is.
@@user-oi9bg6fx5t That depend on what models you're looking at. I was seriously looking at a Toyota hybrid until I recently stumbled across the updated Trax. The difference in price:efficiency with my yearly driving means it would be 30-40 years before I recoup the extra $10K spent on a RAV4 hybrid over a Trax, due to fuel savings. Reliability might be the only standard worth paying attention to, but as I've had my reliable Ford for 14 years and +230k miles, I'm not really looking at a car holding value. I just don't need to buy and sell every 5-6 years because I now have extra money to spend. Just don't trash your car, take care of regular maintenance, and most will be suitable for a long time.
Yes, they are unaffordable. I remember as a kid when my dad bought a 1966 Dodge pickup. It wasn’t even 2k but had no options. Why did trucks become a rolling apartment on wheels, and costs just as much? The first house I bought in 1984 was 73k. Many vehicles are above that. Insane.
Not sure what the price of a house 40 years ago or a truck 60 years ago have to do with anything. It is and always has been how affordable something is in comparison to how much people earn. Just using the static price of $2k for a truck 60 years ago doesn't tell anyone anything. But yes, things were much more affordable back then because while prices have gone way up wages have not followed at the same pace.
Because the bells and whistles justify the increased price.
@@markcowan3366 Incorrect. While all the extra bells and whistles justify a price increase, they don't justify just how much it has increased. Most of these trucks have gone up in MSRP by 30-40% in just the last 3-5 years. I'm pretty sure the cost of manufacturing them have not gone up anywhere near that in the last 3-5 years. Especially from just "bells and whistles". No, there was a temporary shortage from the supply chain which caused a drastic increase. The manufacturers decided they like making all that extra profit now that the supply chain issues are no longer there and raised their sticker price to what people were paying during the pandemic etc.
My first new car an 85 Monte Carlo SS cost $13,000 my first new house around then cost 55 grand with 12% interest, which was a great rate considering the rate was in the upper teens before that. Now a new vehicle costs more than my house and car combined bought back in the mid 80’s. FJB.
@@fratzogmopars well yes, prices are inversely proportional to interest rates. years of super low interest rates led to super high prices. They started rasing rates, but it takes time for the dust to settle
An $80k RAM losses $30k in value the second the dealer gives you the keys. I'm done buying new.
The consumers are done.
Right. But I can’t believe people are still paying these astronomical prices for SUVs! The average price for those has to be what, like $75k???
The consumers are never done that why they are consumers
Maybe in that they won't get that expensive ass new truck, but their not buying those overpriced trucks is worse for the manufacturers than it is for consumers. Someone will come along and make a cheaper car/truck to fill that void.
"You will own nothing, and be happy"
Some consumers are done. Many consumers are not done. If even half the consumers were done, you'd see significant price drops, which have not happened. I'll believe that new truck prices are in freefall when I see it.
People want affordable vehicles. Automakers need to stop their monopoly on expensive only cars and sell us what we want. Or no bailout next time.
There will always be a bailout.
The bailout saves the UAW, not the company. @@adama7752
100% agree. Don't think they should had no bail out last time, just the fact that they only supplied jobs for China, Mexico etc...on our expense, and give rest of the American workers and American people the middle finger, and still screw us over etc....when we buy their products from them.
Oh they'll get a bailout.
But if you keep voting the status quo every election cycle.
My brother-in-law's 2000 Tundra loaded SR5 was totalled by a F3 tornado in 2014. I bought it for $1500. It has a computer, the new trucks are computers that have wheels. It's fast, smooth, is a reasonable size and gets 15 mpg in town and 25 on the highway. It doesn't talk to me or have annoying bells and other sounds. I park it outside because it's already been thru a tornado. The drive train will probably outlive me and if it doesn't I'll drop a new engine in it. My point is there is nothing in a new truck that I want or need. Twenty four years of improvements have complicated the trucks and only slightly improve gas mileage. I can buy one hell of a lot of gas to make up the difference for $70,000.
You must live in the south. I haven't seen a first gen Tundra in over a decade. Most were totally rotted out and in the scrapyard by 2010.
I'm a one ton truck user, need them for work to haul my tools and parts to various jobs. I was due for a new truck in 21, but prices were absurd. Now my truck is well past its operational life and I'm spending weekends fixing it to nurse it along.
Last week we went truck shopping. Stuff is down from peak, but still 25k higher than late 2019. Sadly it's probably as low as it's gonna get with baked in inflation over the last 4 years.
One we looked at was a one ton 22' that had been on the lot more than 470 days....
I was looking for a ton truck to pull trailers. Found a good used semi for a fraction of the price. Doesn't even notice the trailers I put on it.
470 days on the lot is no longer a new truck. My 2016 hasn't seen a total of 470 days in the sun its entire life. What you are looking at is a used truck with lot rot and most likely has flat spotted all of the tires. You're buying used at a new truck price.
I'd like to have another pickup truck. But they're costing more than my house did. Not acceptable
To your point, I can buy 6 acres of raw, buildable land 2 hours from my current home in the Washington DC area for $50k.
I want a new truck but refuse to pay $60k + for one.
Price on these trucks and even many cars are 5 to 8 times higher then what both sets of my grandparents paid for their houses back in the day.
Buy a used one instead, through a private sale and pay cash. Do some research on which older trucks to avoid and which are well made. You will also pay way less insurance since you don't have payments, and then you can carry basic insurance on it. Your registration in a lot of states will be less too.
These new 'mid-sized' trucks are pretty much the same size as my '82 F150. These new 'super-sized' pickups are ginormous!
CAFE standards are responsible for that.
@@rustychain9518 Yup, we can always count on the government to mess up a good thing.
I know. I was parked next to an old Tacoma extended cab a few weeks ago and was shocked how small it is.
it’s not just pick up trucks. It’s all vehicles that are overpriced because the fact is that’s what’s not selling that’s what’s gonna stay not selling.
You are forgetting one more item, making the 65K+- pickup trucks prices 'untrue': SALES TAX ! Averaging 8.5 to 9% in place like California. So, the real price of a $67K pickup is really $72-$73K Insane.
10 % in Cook County Chicago.
Trucks are too expensive. Screw that noise.
Absolutely they have turned trucks into Pimp wagons and priced them as such. There's just too much fancy tech built into these trucks thats not needed.
@@invoxicated Dude, I just don't get it. Why can't things just be simple. I mean, common.
@@StitchJonesthe average buyer seems to be sucked in by cheap trinkets that cost a fortune. Due to dumb regulations, the industry started to turn down the idiot road. After it worked, it continued down that road.
This happened when pickups changed from work vehicles with a single row of seats to Country Cadillacs with 2 rows of seats, leather upholstery, carpeted floors, high tech radio, a height so high that you need a boarding ladder, and tonneau tops.
Trucks, pickup trucks, have morphed into something that has nothing to do with actual work. They're mostly luxury vehicles and there is no reason to stock these things in the numbers that they do. I worked at GM truck assembly and even before I retired I was astonished and asked myself, "who is buying these things?". The sticker prices were outrageous even then.
Good time to recall that GM and Ford have stripped down their business to focus on these large vehicles. Self-inflicted wound.
Got rid of cars in favor of suv's because "higher profit margin"". They could charge more for the same material costs.
I paid $19k for my focus ST in 2014. It has push button start, a 5 speed manual, and I can unlock the doors by grabbing the handles. Nothing really extravagant by today's standards.
Now in 2024, 10 years later, a Ford Maverick, with the same engine, an automatic transmission, no push button start, and no ability to unlock the car without using the key or pushing the fob, is $25k + . If you want those options you have to buy the lariat package and it's $35k minimum. The material to produce the Maverick is the same or possibly less than the focus st. And my focus st has soft touch materials not just hard plastic.
I sold my pickup years ago and bought a trailer for behind the Expedition I already owned. Eventually sold the big Expedition and bought an economy car. If I need a pickup there is UHaul. Much cheaper than ownership.
emissions standards and gadgets are a big reason for this; even the baseline trucks have to have a ton of stuff under the hood to meet standards. They are going with smaller engines with expensive superchargers, Turbos, and other things to get the same HP that a 5.7 would have gotten on its own. Then add all the same quality of life things that are in a BMW and bam...80k.
I won’t be buying a full size pickup until the msrp for a mid level truck is 40k, where they should be. It’s beyond ridiculous.
exactly 💯 👍
Throw in the interest on an auto loan, combined with the decline in quality and the average buyer just isn’t buying anything.
My first new truck was a GMC. A few years later I wanted to replace it. The Chevy/GMC dealer laughed me out of the store when I told him what I wanted to pay.
Dodge Ram trucks were nearly $10,000 cheaper on equivalent models.
I ended up with a new Dodge pretty loaded for the cost of a Chevy work truck price.
A few years later Dodge announced they were raising prices across the model range to keep up with the other makers.
They got greedy and never saw a ceiling to pricing. Now they’re so inflated they’re in too deep.
I’ve been a Dodge/Ram owner for almost 30 years. I’m about priced out on getting another full sized truck.
I bought a used 2014 Ram1500 in 2016 for $26,300 with 13,000 miles on it. It came in on a lease, and was a garage queen. Even had a carpeted bed liner in pristine shape, lol. I remember there were a couple Hellcats sitting in the dealerships for about $65,000. I was thinking, wow that's a lot of money for a toy, but I knew it was a niche market, so big deal. I never thought just a few years later, the average pickup truck would be the same price! So now today, with the CPI coming out higher, it's not going to help truck sales. There is still part of me that goes conspiratorial and thinks this is a covert effort to push people out of gas guzzlers and into more economical vehicles. Like you said, the average person realizes that you don't need tons of steel to get you back and forth to work for many jobs. I drive a 2019 Toyota Yaris for commuting. 45 mpg, and it's all I really need much of the time. However, I also carry construction supplies for projects, and tow a 20' trailer with a New Holland tractor with attachments, so I need a truck occasionally. My plan is to get a good full size truck, like a used V8 Tundra, and use it only when I need to haul, or tow, and basically hold onto it as long as possible. Meanwhile, I will drive econo boxes for normal transit.
You're a wise man. I drive a sedan to and from work and have a big ugly old SUV for hauling stuff for weekend projects. 3/4 of the parking lot at my job is taken up by huge pickups that people use as daily drivers. That's gotta be hard on the wallet with gas prices these days.
@@GeneralChangOfDanang This is the way to do it as far as I'm concerned.
Yep its the way to go and just fix the truck when it needs it it will run for years
@@kevint2958 I had a 2000 V8 Dakota that I retired in 2016 when it rusted to the point it wouldn't pass inspection. Still ran though with 314,000 miles on it.
I was part of the auto industry for over a decade from the late 90's to the late 2000's. A brand new fully loaded Silverado LT3 (LTZ badge not available till 2007) 1500 crew cab 4x4 employee price was under 34K the sticker was $39K. Reg cab work truck sticker was $15K.
So much for building only "most-profitable." Most buyers don't want to pay $80,000-plus. Those willing already bought theirs.
I cannot process paying that much for a Home Depot Runner…..
Some people are REALLY REALLY stupid.
I did the math and realized you can rent a Uhaul truck every weekend for 6 years straight and just finally break even with the cost of the average truck now.
People are tired of everything being so damn expensive, cars, houses, rent, food, utilities. I get so mad when i hear the news say wall street had record profits and yet cant afford to pay people a half assed decent salary. Noy asking to be a billionaire, i just want to make enough to afford a comfortable little life for myself
I'll never buy a new truck again until prices come down to 40K for a quad cab, long bed, tow package with good options
Dealers are still asking more than $75,000 for Limited 1500 Rams in the Mid-South!!
Sure are, plus what else they can stick you for.
Get a big horn level 2 equipment group.
18 years on my 2006 pickup; now going to try and make it last forever...
2012 here with 140,000miles. I’ve got many, many yrs left. I could apply the avg payment on a new truck ($700+/mo) to maintenance and upgrades on 2012 and have a ‘new’ truck in a year or two!😂
200k on my 2007 f150, replaced all timing components, tires, brakes & struts/shocks. Goin for another 150k!😊
249,000 on my 97 Tacoma, only thing I haul is my fishing pole
Watching this while getting a notification that Ford is recalling nearly 43,000 small SUVs. 💀
Apparently gas can leak from the fuel injectors onto hot engine surfaces, obviously increasing the risk of a fire.
The recall supposedly covers certain Bronco Sport SUVs from the 2022 and 2023 model years, as well as Escape SUVs from 2022 (All have 1.5-liter engines).
“Fuel injectors can crack, and gasoline or vapor can accumulate near ignition sources, possibly touching off fires.” -Ford
Fix Or Repair Daily ... it was true back then and it's still true today.
I'll never understand why people still buy their crap.
@@Mr_Spock512 I say the same thing about Toyota's newest trucks. Plagued with engine failures and transmission issues, yet consumers jump right into a new one because they believe the hype.
I remember back in 1989 when my Dad bought an F-150 with two tone paint (I think it was an XLT) for just under $17k. My how things have changed.
I've been following you guys for years and your information has been so helpful the last 3 cars I've bought. Thanks!
Never bought a new vehicle and with current trends I likely never will. Simply put modern day vehicles are just over-priced jumbles of computers stapled onto a few mechanical bits relying on a hap-hazard style of networking (Token ring) to hold it all together. Probably doesn't help that nearly every truck out there is the size of a barn. I've got a 93 ford truck lifted 4" on 35s and this has become quite apparent when I'm in traffic looking up at modern pickup trucks. I think I'll just stick to my 20-30 year old Ford and Toyotas.
I got well over 30% off MSRP on a Sierra Elevation on the last day of Q1... that was the most I'd be willing to pay for a new Truck since the MSRPs are so overinflated.
So you only overpaid by 20%?
@@sabastian4858 Pretty much. It's so crazy how much they hiked the $$$
Yesterday, I purchased a taillight assembly from local GM Dealer for my 2018 GMC Sierra SLT 1500 truck. The parts manager told me that if I bring the broke one to them I would receive a 50.00 core charge discount? (WHAT)! I thought core charge benefits only existed for batteries or rebuildable parts. Anyway, the total price for this ripoff was 860.00! So before anybody commits on why I didn’t buy something off Amazon or some other website, I’m over a barrel with traveling and pulling a trailer so waiting for someone to ship the part to me was no possible. My story has been shared by others who have run into this and it’s really taking a toll on truck or brand loyalty. Remember the days of going to a parts store and getting 1156 or 1157 bulbs and replacing them. So just remember these issues when purchasing vehicles and put sales people on the spot!
@kirksmith5955, THEY WANT ALL YOUR MONEY, EVERYBODY
WANTS TO BE A MILLIONAIRE ! $860 FOR A PLASTIC BUBBLE
WHAT A JOKE ! ON US
I'm so lucky I got in under the wire! I bought a new 2018 F150 in Oct of 18 on sale. STX model, extended cab, 4x4, 2.7 ecoboost. Sticker was $43,700, sale price $31,604. And that, plus the BS other fees is what I paid. Still got out the door a tad under 36k!
That pickup ain't gonna last forever. You're already 6 years into it.
Very true...but it only has 41k on it. So it'll be around for quite some time longer! The next one will be used for sure
Sounds like my truck! 2016 F150 5.0, MSRP was $49k I paid $37k. Paid it off in 2020 and it only has 92k miles on it. The only issue I've had was the water pump went out at 83k miles. Took me and a buddy less than 2 hours in the garage to replace it. I have complete faith it'll go 200k+ easy so I'm set for a while.
I got my new 2016 F150 XLT 4x4 for $36k, which was $13k off the $49k MSRP. Back then, Ford, Chevy, and Ram were always offering $10k+ in incentives for the full size trucks and almost nothing for mid-size trucks, which meant the full size trucks cost the same (or even less) than the mid size. Now it would cost $65k MSRP for an equivalently spec'd F150 XLT, whereas a 2024 Ranger XLT is $45k. It sure seems that Americans were spending like crazy during and post pandemic to deal with their pandemic frustrations, which increased demand while there was limited supply. The automakers took advantage of this and decided to jack up prices as high as they could, because so many of us are hooked on our full size, super comfortable trucks. Like everyone is saying, they will keep charging those prices as long as people keep paying.
I should also mention that my F150 has been my favorite vehicle of all time, but now I have low cylinder pressure which is costing me at least $2k and if that doesn't work, then it's $10k for a new engine. Spending $10k on a replacement engine for an 8 year old vehicle with 82k miles seems crazy until you look at the alternatives. Based on this channel (and my desire to not accrue sizable debt), it simply doesn't make sense to be either a new or a used full size pickup right now. Fingers crossed that the $2k repair will be sufficient...
I've had my Ram Classic for 4 years, the last one without the hybrid garbage. I will hang on to it instead of buying something else.
U hope 😂 those lifters say otherwise
@@cormaro1376 The Hemi tick is a real thing. But I have the 3.6. I won't let it overheat, that's the weak spot in the V6 with all the plastic and aluminum components.
@@cormaro1376 There are two ways lifters fail. The first is excessive idling (the most common cause of Hemi lifter failures). The second is waiting too long to change the engine oil, particularly when the vehicle is used for a lot of short trips in the winter, which is what causing GM's AFM lifters to fail. People these days buy into the "it's full synthetic it's good for 10k miles!" That oil should be changed by 5k. 3000 miles if it's used for short trips in very cold weather.
Not if its a DOD motor you won't. They're junk.
@@sabastian4858 It has the 3.6 Pentastar, my 4th 3.6 in various Chrysler products. With regular maintenance I have had very good service from them. The 5.7 Hemi developed the 'hemi tick' but the V6 has been bullet proof for me. I wouldn't want one with the hybrid system of course.
I bought an old high mileage 2000 Silverado a couple years ago. It’s cheaper to fix it than to buy a new one.
Good info and such good news. As the new truck prices plummet the used truck prices will naturally decline also, and I will be in the market in about 6 months. So I’m looking forward to saving some money.
My 2005 Chevrolet Silverado was less than $2500 purchase price and parts. After a few weekends of work, it runs perfect and does pickup things. I can’t see a house payment for a new truck, maybe if I needed it for business.
Got my 2023 for 41,623$ out the door before sales taxes. Chevy Silverado LT 2023 4x4 with the new 13.4 inch screen (Big screen model) and 6 seats total. Sometimes you gotta just shop around.
How is the quality?
@@sabastian4858 Had some rattles on the dash, you got to pressure the dealership to do something about it repair wise or call chevy support to make them do it, other than that I like it. They act like they do not hear anything.
Prices went up, quality went down. Not sure how they thought that would be sustainable
That's true even for Toyota. Prices of their trucks were creeping up even with the 3rd generation Tacoma despite terrible reliability issues and quality control failures. They raised the price of the new Tundra and Tacoma by $20k across the board, but the quality of the new Tundra has been awful. Glaring design issues including big gaps in trip pieces that allow water to collect inside the doors, and serious issues with the new turbocharged engine that is causing them to fail catastrophically. The new Tacoma launched and a lot of buyers are angry at Toyota for adding $20k to the price of every trim level and for adding a totally new engine that they don't trust to be reliable like the engines Toyota built 20 years ago.
The bean counters that run things don't live in the real world.
Trying to buy a trak and none of my local dealerships have any and one is even putting the dreaded “market” adjustment on them 🤦🏻♂️🤦🏻♂️
I just drove passed a few dealerships. Inventory is high just waiting patiently on my part.
The average salary in the United States in 2024 is $59,384 it is recommended not to spend more than half your salary on a car.. and that depends if you're in debt..
Problem is the quality is junk. Not like they use tò be.
I haven’t owned a full size truck since 2007. My 2016 Colorado is paid off and still looks and runs great. It’s a great feeling not having a pile of debt parked in my garage. I plan to hold on to my pickup.
please make more dealership role plays!! i love the channel, thank you Ray and Zach :)
My brother had to ARGUE with Ford for battery and electric in a 22 Ranger. It was under warranty, yet they still argue. I reminded him, to never buy American 😂🤣
I haven’t seen a $61k truck on a lot in two years. Take out fleet sales….how can you have the same tech and luxury in a car for 1/2 the price of a truck? GREED
Love how you prepare and present data today.
They raised prices on regular vehicles in order to Jack Up prices on introductory electric trucks...and the market imploded!
Ford sold 1 million ICE trucks and vans in 2023. They sold only 24,000 F150 Lightnings. Maybe Ford should learn how to make a capable, desirable and affordable electric pickup truck.
Tesla sold 1.8 million EVs in 2023, most at a cost of $50,000 or less. Tesla made a profit doing that.
Tesla sold 1.3 million EVs in 2022 and almost 1 million in 2021.
Now they have the Cybertruck and they'll soon be on their way to 2 million EVs per year.
See where this is going?
I like this one. Good quick and short.
On your longer vids it would be easier to view if they were broken up in chapters.
Thank goodness I bought my used 2017 Honda Ridgeline in January 2020 for $15,999. Paid $17k out the door, cash.
There's no way in hell I'm spending that kinda money on any vehicle. 😅
You should buy a truck for your next vehicle. 😂
Yeah that’s not a real truck!
@@NOR391 If it's got a bed, its a truck.
lol you keep telling yourself that?!?
My 2014 F150 seems to have succumbed to the rust belt much quicker than my 2000 E150. Couple that with the insane prices and that’s a recipe for me to simply living with rust and for longer between purchases.
That's nuts. I just bought a brand new 2023 5.7 hemi ram 1500 on friday for 60k with taxes + interest included, but that's in CAD. USD that would come up to about 44k
Nice
Guessing it's a BigHorn and not a Laramie
2023 with lot rot. How many days has that truck been sitting in the weather? Flat spotted tires its not a new truck. The sun and weather severely damages/wears vehicles.
And your not mentioning government telling these companies that they have to meet a certain efficiency. Get government out of private companies business. Our business.
Unacceptable prices. Keeping my 22yr old Gen 3 Ram. These ripoff prices make getting it repaired is my best bet. They can go bankrupt for all I care.
Where i live in rural north central texas on I 20. The lots for the most part are still empty. One or two half ton truck. Lots of 2500 and 3500 work trucks.
Hearing we are going to have quite a few down weeks this year at Fort Wayne Assembly. (Silverados/Sierras LD)
I can't believe they found so many morons to buy these trucks at all. Rams and Fords were popular because you could buy them at a lower price point than GM. This was several years ago. My company bought eight Fords at a time because you could get them so much lower. than Chev. I can't believe manufactures lost their way so fast.
Did the automaker executives really think they could mostly sell higher end trim models during the highest interest rates seen in decades?
The management teams at the big three should have their compensation contracts voided, and they should all be fired for this current situation and for not anticipated the EV migration.
Funny how every single Tesla vehicle sells and inventory on hand has the least amount of days in stock relative to the big three.
Game, set and about to be match.
When I was running a small construction business I bought a new Toyota Tacoma, stripped, bench seat, standard cab, 4 cylinder, for $8,888 from local Toyota's newspaper ad. For running around the city hauling paint, tile, lumber, it was perfect.
I bought a 2018 RAM 1500 4X4 EcoDiesel Big Horn with off road package and towing package for $34K. 2023 price for the same truck was $74k
70k for a Truck worth 40k was never going to last
Do I need a NEW vehicle? I'll bet most of the sales are wants rather than needs.
Here in Canada when I bought a 2019 Ram rebel reasonably optioned out was $70,000 and change. When I went to trade my truck the 2021 model was near $78,000. So I decided to with 2021 F-150 which had a price of $62,000 which was the XLT Sport with the FX4 package, by the way I had this truck leased for 3 years. Upon my lease ending the same truck only difference was it was 2023 was $75,000 so I decided go with just an XLT Sport without the FX4 and had the 3.5l ecoboost and 3.55 gears which my previous truck was the 5.0l and 3.73 gears and still cost $72,000. I looked at other trucks like the 2023 Ram rebel similar to the 2019 I had before and pretty much the same options as before was $91 or $92,000 and that's before tax and with 6.89% interest which is insane. 1/2 ton trucks aren't worth this kinda money.
My 2019 rst loaded is almost paid for. I thought about keeping it since it has low miles, etc.. the issue now is the insurance cost.. It has doubled within the last couple of years.. I'm currently saving to buy several FOR SALE signs..
Half way done on my Ram. Probably won't be spending this much on a truck again. 66,000.
In our smalll town sunday the chevy dealer add offered 20k discount off 63k sticker for '24 silverado. He has maybe 50 of them (famous for keeping high inventories). But, no discounts on hd trucks
I purchased a three year old truck in 2007 for $10,400 and drove it for 14 years. You can imagine my level of sticker shock when I begin looking for a replacement in 2020!
Not only are full sized trucks over priced. They no longer last. Seems like they all have issues. It's sad that these new vehicles won't last 100k. Many are in for repair before 30k..... What's the auto industry doing?😢😢😢😢
Sad times.
The US auto industry is getting EXACTLY what it deserves!😂😂😂
So are foreign automakers
The last new truck I bought was a 2004 Silverado extended cab work truck with a V6 for 18999.00 in early 2005.
The last new truck I purchased was a 2000 Silverado 2-WD Reg. Cab Longbox. LS trim, 4.8 V-8 5speed 3.73 G-80 rear. Nuttin' special. The price I paid was $19,900. That same truck today would be triple that. Only problem is I'm not making triple what I did 24 years ago. In fact I'm making less given cost of living and taxes, on all levels, never goes down. Plus the build quality of all truck brands is so poor. Here in the Rust Belt (South Western Pa.), I've seen 2 & 3 year old trucks with serious rust issues. And folks are paying 60K plus fer this. It's a shame
I think Ram is a dead man walking. They were already suffering from the high prices, and when they finally pull the plug on the Hemi for the 1500 nobody is going to want that truck. Regardless of the fact that the new engine is an I6, it's still a 3L engine made from a 2L I4 crossover/small commuter engine. I await the day they get some abuse and start blowing up towing stuff around.
Also a turbo... I'll never own a turbo in anything (unless diesel).
Next truck is a Toyota for me. Same price, 10x the quality.
American cars are a joke
Turbos in em now
I'd recheck your stats. Toyota new v6 turbo is junk.
@@sabastian4858Isn’t it a 4 cylinder turbo?
Dealers and manufacturers STILL refusing to lower prices even though their trucks aren't selling. Total joke.
my neighbor walked when they tried recouping their discounts when they lowballed his trade to the point he would end up paying the full msrp before factoring in the interest paid on minimum payments
I bought my last one in 2021. When I pay this one off no more. Not sure what’s next but I’m through going that deeply in debt for a truck. I paid 50 for a lt trailboss with a trade I financed 40000 I will not do it again. I guess I’m a used customer once I wear this one out.
Is it me but can you say this about many things right now? Zillow says the new starter home for most Americans is an apartment since homes coupled with the higher interest rates makes home ownership out of reach for more Americans than ever before. Cars are expensive too....RV's went through the roof and boats too. I go the the market to buy food and I am appalled at the price of what I have in the cart. I buy more store brands that I have ever had. College anyone? Stupid expensive.
I bought a 2009 GMC Canyon 2 wheel drive p/u truck the first day of cash for clunkers program - traded a 98 F 150 with a leaking gas tank and broken driver’s side window and 180,000 miles-
Got $ 6600 total discount
$ 224 k and still purring
No new American car fir me
Going to keep rocking my manual '92 Ford Ranger STX 4x4.
All I want is a bare bones full size truck with a radio, ac, and a comfy seat. Exposed metal in the cab, commercial carpet, as little plastic as possible, good fuel mileage, and a price tag under 20k.
Those 'were' the good old days (laughing)...
Its payback time for this racketeers.
Bought a 2014 F150 5.0 CPO in 2017 with 15k on the clock. Super Cab with 6.5 bed. Excellent Carfax. Paid 27k. The 2014 is one of the best model years for reliability.
Last vehicle was a 1996 Bronco that I had for 21 years. I am happy!
I got an '84 k30 squarebody diesel on 1 toms axles on 38s. Its never paid off. Always doing little stuff to keep it fresh and mechanicly sound. Putting a now vintage Banks turbo on this week. Its got more character than a new truck and its worth 15-20k depending and always will be. But it gets cooler w age, epa smog exempt, no computer onboard w blinky lights on the dash lol
The prices are way too high.
My ordered 2019 Silverado was $54,233.16. Exact same ordered truck 2024 $67,000.00. F@#K that!
If sales are up on the mid sized truck its simply based on the fact that they are a little cheaper. Ive looked at the Ranger and Frontier they dont have much room inside. My 88 Ranger had more elbow room than the new ones.
2018 you could get a f-150 sport for 35k and $300 a month lease. Entry level pickup are running about 45k with $550 a month lease
WAY TOO MUCH GREED and way too many stupid buyers for the last 15 years. I am glad reality is starting to settle in finally.