INSANE TRUCK PRICES! Buyers Are DONE! $30K Add Ons
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- Опубликовано: 26 авг 2023
- Dealers Are Struggling to Sell Insanely Expensive $100K Trucks
In this video, we're going to show you an insane truck prices that customers CAN'T afford to pay. This is going to be a major disaster for the entire car industry, and it's happening right now!
As you can see, truck prices are skyrocketing way beyond the average person's budget. If you're a customer who can't afford these prices, then you're going to have a lot of trouble finding a car that fits your budget. The car industry is in for a big shock!
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My name is Brandon and I am a used car dealer. I created Car Questions Answered to share the ins and outs of the used car market from my perspective. I share with you updates on car prices, what's happening at the dealer auctions, and what it's like being a dealer. My goal is to share information to help you make the best decisions while buying a car to save you money. I do not want car dealers taking advantage of you.
Thanks for watching and please feel free to leave any comments you may have in the section below!
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*None of this is meant to be construed as financial advice, it's for entertainment purposes only.
#UsedCarMarket #CarPrices #carmarket #usedcarprices 
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100 thousand dollars for a F150. No way they can keep it
They have been keeping it for almost one year.
The MSRP on ALL these vehicles need to come down by more than half! $40,000, MAX! Thats the kost these damn trucks should cost, with all the bells and whistles...
And it’s not even the Raptor or the R version 🤦🏿♂️
They don't care if the Auto Workers go on strike and don't have plenty inventory to weeded out I expect they are in it for the Long Haul. You don't see Toyota you don't see Nissan or anybody else just 23
Exactly 💯 there fucking nuts 😮
Funny thing is…if YOU try to sell to a dealer your lifted truck they are only gonna offer what the truck is worth WITHOUT the mods and tell you that it doesn’t add value to the truck but meanwhile they add the additional cost of any mods to the MSRP of the truck and then some 🤔
ill never buy from a dealer never unless its a small guy`s outfit
They’ll probably even offer you less with the aftermarket add ons, saying the truck isn’t original anymore. Smh 🤦🏻♂️
My thoughts exactly!! 💯
@@torifiohernandez3395 lmfaoo
Same shenanigans Ford and the other traditional American manufacturers have been pulling since the 1960s, maybe earlier. Take a stock chassis and base models and “dress them up” with new more sophisticated badging. A middle of the road sedan could go for significantly more with a few cheap additions to the exterior or interior. “rocky ridge” LMAO for $30K more. Also, didn’t Toyota release the black widow front end concept first? Is Ford knocking it off to sell trucks?
Took my son to a dealership this weekend, when the sales person came out I said I was just showing my son how to spot people who smoke crack. We were asked to leave. 😂
Lmfao.....
Hahaha😂
😅🤣
Right?
🏁🏁🏁🏁🏁🏁🏁🏁🏁
Lmao
Paying $60K for a truck is just pure luxury and a massive financial responsibility. I can’t imagine paying $100K for a truck that depreciates.
Bro, this is out of control.
Just watched a TFL video with a $58,000 Polaris sbs
My first house cost $ 85.000, and I could live in it😂
I love that I owe $0 on my 2020 Ford Fusion. The only way to peace on this planet is to owe nothing for your house and cars
@@davidpaul770785,000 what year did you buy it?
100% insane this cant go on forever
This is too funny. Even if I had the money laying around, I would never pay that much for a pick-up.
I have the money but I'd rather keep it earning 5% in my account then blow it on a depreciating asset. It's funny because when the Ford Maverick came out a couple years ago, the Lariats were going for about $50k with the market adjustments. Now you can get a Tundra for almost that much 😆. People are dumb. You can't give someone in this country a dollar, they'll run to the dollar store to spend it.
I wouldn't pay the 65K for a pick-up.
@frederickclause2694 65k must be as much as I'd pay for it. No matter how expensive they all will be ridden with recalls.
@@makatron I think if we wait another 6-8 months we're going to see a complete about face on the car market. The EV craze will come to an end. The ordering a normal $35k car online will come to an end. Manufacturers will once again start to fill stock orders and fill up lots to get people to buy/lease their vehicles on the spot like before the pandemic. Waiting for someone to visit your website to order a car isn't going to cut it if they think the bulk of their business is going to be like that, they'll lose more and more market share to brands that have units on the car lot ready to go. Things always revert to the mean. It's historically proven. Prices will come back down to normal (adjusting for inflation obviously) and that's that.
@@justacinnamonbun8658 a 2500 Cummins mid trim with a couple options was high 40s or low 50s. Now the same truck sits around 68k, and all that in 4 or 5 years which is insane.
I remember when 100k was a very nice house....at least here in the midwest.
I live in Missouri house prices doubled in just 6 years
@@UAkovalchuk same here in Central Illinois
I remember when $100K bought you a super car like a Porsche or Lamborghini. But for a truck? WTH?
Only truck I’d ever pay $100k for is a Peterbilt or Kenworth, but now they’re $250k…
Or an Optimus Prime
Bought a new KW990 Dump truck last year 262k.insane right?I heard the new ones for this year hitting 300k
What do they do with the 100k truck if it doesn't sell & sits on the lot for over 30 days?
@guysmiley515 had any problems with you're Def system yet?
I sold my 2018 kenworth t880 for 200k. I paid 175 with dump body. Tired of the Def . Went 2008 kenworth t800 with a c15
The truck add-ons are more than I want to pay for my next vehicle!
We're a family of 9. We went to shop for a 2022 Chevy Express on a Sunday. Saw the sticker for $48k and got pumped. Went in the next day ready to sign on the bottom line. Then was shown the additional sheet of paper on the dashboard that had all the "upgrades". We missed it the first time around. After the additional $40k in upgrades, the van was now $88k minus tax. I would have laughed, but I was dumbfounded and pissed. No way in hell heated seats, a 32" TV and some retractable blinds are worth $40,000.
You would only have room for three up front bench seat and 4 large children in the other crew seat but if some are small, maybe the entire family of 9 could ride in my ‘97 with long bed and small truck sized tool box. Just saying…
I would drive it to your place for transportation charges, it’s that dependable! Let’s make a deal!
Get a Toyota or even Nissan.
American trucks are crap and the Japanese trucks will last you many decades.
The auto manufacturers will probably let the UAW go on strike, that way they will have the perfect excuse to keep the prices high and they'll probably say they have a short supply due to the strike.
Agreed. The dealers are hoping...no, WISHING...for a strike. There is absolutely no reason to remove the market adjustments, even with abundant inventory. It'll be back to the "supply chain" excuse and consumers get screwed again.
Yep, the automakers are in the best place they could ask for. They can screw over their customers, screw over their workers, enrich themselves and their dealers, AND blame the unions for everything.
What will trucks cost if their demands are met? 130k
Yeah UAW would be idiots to strike right now. They need to read the room or they will all be out of work for quite a while.
I think thats what they are planning to do. Around me Im seeing full dealer lots still getting in truck loads of new cars in order to have extra cars during the strike. And I still see a bunch of trucks full of cars on the highway.
Those are insane prices. People are crazy to pay that much for a truck. It's scary how irresponsible some people are
Plus the monthly fuel bill.. even in states where gas is "cheaper" it's still a lot to fill If you drive a lot
@@MrValy128If you're looking at a what? $1750/month* truck loan and you're in any way, shape or form concerned about fuel cost then I don't know how to help you.
*Ford F-250 Limited, $96,095 + $1,995 destination = $98,090 MSRP, 60 month loan at Ford's lowest 7% APR and $10,000 down, assuming a credit score of at least 750.
@@tim3172 ..umn I was just replying to the OP saying how prices are insane. .
@@tim3172 That's more than my mortgage !
Thats why a lot of them are ending up in the repo lots !!
No seriously great question. WHO THE F IS BUYING ALL THESE TRUCKS!? UNREAL. The avg American isnt even able to afford homes anymore. This is so stupid.
No matter what the average family nowadays cannot afford a $80,000 truck. Even on a 96 month car payments would be over $900 I would imagine. What's crazy is 3-4 years ago these trucks were forty forty-five thousand now there doubled, insane and all of them are soon going to be getting recalls.
Even at $40k; they were over priced.
Great point! When you add in the motorcycle, boat, and RV payments as well it’s hard to make it.
@@ETT64I was saying this 8 years ago. Vehicles have been overpriced for a good while now. If it's a decade old and has more than 150 thousand miles on it, it's not worth $15,000. Yet you saw them going for that back then and it's way worse now, obviously.
@@jimdandy8119 My 2008 Ford Ranger I bought new in 2007; currently has 253k miles on it.
When I bought it; I was hoping to get min of 300k out of it without any major repairs; such as transmission rebuild. Which looks like it may do.
Now with costs of new pickups and lack of practical (4-doors + 4ft beds are NOT practical), compact pickups. I wondering if with major repairs I could make this 2008 Ranger survive rest of my life. Hmm ??
@@ETT64 I mean, even with complete engine and transmission replacement, you're still not even coming close to a new one.
Truck prices are crazy Brandon. Here in Ohio paying that much for a truck that will rust out and turn to dust is insane.
I asked for an out the door price at Kunes Chrysler in Wisconsin for a 2023 2500 Big horn.
On the Website the price was $ 74,133. Including a discount of $8,231. I asked for an out the door price and the total came out at $104,000. My favorite add on was the Vin protection for $3500.
You’re talking VIN etching? Wow. Most people are so in over their heads purchasing this garbage, a thief is doing them a favor by taking it. I don’t do upgrades to help the insurance carrier. Not my problem.
Kunes is the worst of the worst. 4 or 5 years ago i put money down on a new Charger Daytona 392...i was suppose to pick it up the follow business day on Monday and they sold the car to someone else even though i had money down on it. I will never give Kunes my business for that reason alone. All i got is a "it happens"....ahhh no, it doesn't. You sell a car you lock the key up and put a sold tag on it. SMH
Don't forget about the 'Tru-Coat' ala Movie Fargo...
DO NOT BUY OVERPRICED U.S. Trucks.
I bought a 2002 dodge ram last year..... replaced transmission, did oil change, new struts, brake job, overall spent about $2000 and I have a full functioning pick up truck, I'd say I'm good.
That’s what I’m doing. Keeping my truck running. Screw these dealer prices. I just did an overhaul on my 2013 Silverado. New gaskets, oil pump, afm delete with standard lifters. That was at 194,000 miles and I currently have 202,000. I’m driving it til I can’t fix it anymore.
Not believing because a new transmission had to cost way over $2,000.
@@josephkelleher8820 Nobody said new.
Estimated repair cost, 2002 Dodge RAM: $1563 used/salvage transmission, $1867 remanufactured, $4638 new parts only, includes estimated $600 in labor.
@josephkelleher8820 never heard of a junkyard.??
I bought my 2019 F150 STX new for $36,000. $10,000 below MSRP. The dealership I bought mine from had over 300 f150s on hand at the time. Pretty much one in every engine size and color. I’m so glad I got it when I did. Well worth what I paid.
Bro I bought a completely decked out 2014 ram 3500 laramie longhorn cummins with 20k miles on it in 2016 for 47k... today its worth more than when i bought it
@@ZoneGlazed good price for a Laramie longhorn with a Cummins. How’s that Cummins treating you?
58,000 views in 5 hours. That should tell you that you're on the right track with content. Dealership visits plus auto auctions mixed in keeps it real. I tell my friends about your show that is so informative. Way to go.
It was linked from Citizenfreepress, one of the most trafficked sites in the country.
Traffic from Citizen Free Press
I paid half of that for my brand new truck 8 yrs ago. I'm so glad I bought back then. No way I would pay just as much as my house cost me. It's just sickening.
I paid $57.7k driveout for a '17 ram 2500 Laramie 6.7 4x4 in '17 LOL this is CRAZAY
@@DizzKidz the sad thing is i consider THAT to be allot of money
It is a lot of money. @@andrewdonohue1853
Yes but you have an 8 year old truck probably getting to end of life
Keep in mind approximately 30% inflation since 2015. A $50k purchase then should be in the neighborhood of $65k now based on that alone. Justifying the other $25k - $35k of increase is the problem I'm thinking about.
That is insane! Let them sit on the lots!
I am a carpenter and it is hilarious when people try to use those trucks for work.
I know this is a truck channel but I wanted to add my two scents 😂.
I go to the police impounds and local auto auctions for fun bc I enjoy watching people bid on vehicles. I’ve seen a huge increase in brand new vehicles that look almost fresh off of the dealership lot end up at these auctions!!
For any one who might be interested in a pre-owned truck I would suggest taking a look into your local police impounds and auctions because you may find something you really like and can bid on and possibly save yourself a lot of $$.
I’ve seen Teslas, F150 Shelby additions, Toyota Tacomas and more!
I have a paid off X5 that I absolutely love however with the summer gas prices almost at $6.00 a gallon here in CA I PNO’d that baby in spring and started driving my 99 Nissan Sentra 5 Speed Manuel!!! The smartest idea yet! 27/city 39/hwy $39 to fill up at Costco. And it runs so smooth.
Good luck for the Truck shoppers!
Love the videos!
these trucks are more than i paid for my house in 97.
Your house probably wasn't as up to the minute with all its accessories and tech as this truck.
Yup... My jeep is half my house...
@@653j521 it didn't come with a lift kit.
@@653j521that house probably appreciated by 100% or so by now. Let’s see what this 100k truck with the tech gimmicks will be worth in 10 years.
These trucks cost almost as much as my house in 2021.
Banks will just offer 240 month financing and you'll only pay 499 a month. People still still buy them.
I've been a builder of Jeep Rubicon's for 5-6 years now. I just sold my last project 2 weeks ago, after watching the used car prices go down. Got 28k & lost a few thousand, but it's a hobby not a living. That being said, I opted out for the moment & bought a 6k reliable Honda. Time to watch the market for awhile & tighten the belt.
Loved this video! I retired at 62 in 2018. 4 mo. before I decided to retire early, I was in a Harley dealership. My Sportster was 12 years old, I'd been riding it for 10 years. They ran my credit to find out what I would need on a new, bigger bike. Finance officer came back and told me I could buy anything in the store with no down payment. I told them I would think about it.
I decided to retire early, pay my house off, paid my 2 year old Silverado off and I'm still riding that Sportster. I look at prices today and see how much harder it is to suck people into the debt machine. No wonder you see young adults riding bicycles or driving beat up old cars.
Sportsters a great bike keep it forever and nickel n dime it pass it on to a family member.
I work a union job. I make great money and there’s no way I could afford any of these trucks , sad that the goals I’ve been working for almost seem unobtainable right now. Screw it im buying a old square body , worth it to me
Mall crawlers.
In Michigan your license plate for a truck like that would be about $1,000 a year
Insane. I'm looking to add a 3rd level to my home which is roughly $150k and will only add value. These $100k trucks will be worth $50 grand in 5 years and maybe $25k in 10. I am not rich enough to set that kind of money on fire.
Imagine paying $25k for a ten year old truck. Still way overpriced.
Those trucks only worth maybe 30k brand new. After 5 years maybe 10k max
Just like vehicles used is used. Your home is still a used home. Having to fix joists or plumbing because you lived in it doesn't increase the value. Realistically that devalues the home
Clearly you have never owned real estate@@zangetsudx1
The insane thing is the people that do buy these crazy high priced trucks don't even use it as it's built for.Comedian Jim Gaffigan said his brother has a pick up but doesn't put anything in the bed because it would get dirty.
You should inform everyone that in NC not only will you be paying $100,000 on a new vehicle but also in NC you need to pay tax on the vehicle value every year.
Same in Va tax tax tax
Makes me appreciate my 2 paid off 11 year old Nissan Frontier trucks even more. Never had a problem with them and will drive them till the wheels fall off.
Guess I will keep my 2012 Silverado 4WD with 74K miles for a few more years.
My nephew recently purchased an old house and a acre of land. He paid $30K. He has sunk about $20K in the house and another $20K in a 30x30 garage. He has invested in his long term net worth and it cost him waaaay less than that new F150 that he wanted. I am so proud of him.
Why not. At least 7 more years
100k for a half ton after tag tax and title not including extended warranty. And then the dealership is going to say "we'll only give you 2000" for your vehicle that has an mmr of 6000
the pickup truck has evolved past the buying power of the public
I'm just tired of waiting for any actual price adjustments. I'm doubtful things will change at this point.
It’ll take a recession. Yield curve screams coming recession.
yeah it hasnt changed in 18 months. well it did change, prices went UP. THIS is inflation, this is is the result of $33trillion in debt, and printing more each day.
Yeah I don't know about prices going back down...if these corps can make more money, they'll choose that everytime.
Don't hold your breath. The entire market will crash before they lower prices.
I thought it was bad enough when they was wanting $90-$100,000 for 1 ton diesel trucks that are actually capable of working. But that kind of money for a glorified car is ridiculous. These automotive manufacturers must have hired the marketing gurus from Bud Light.
It’s the Dealers adding the markups
@@kelvinmorris1991 Even so, the base sticker price has gotten out of hand.
These dealers are to be embarrassed to ask that kinda money for that junk!
Very low quality!😮😮😮😮😮😮
"Nobody can afford that anymore." - at least half couldn't over the past few years either but they were loaned the $ anyway.
I bought a 2002 Tahoe last year for $2,000 cash and a Remington Model 7400 .30-06... My daily driver. It's got a lot of miles, but it's still solid.
Remember that these same dealership don’t like to pay extra when you trade in a car with substantial modifications so it is just fair to also not want to pay extra for overpriced modifications
I can’t even afford the add-ons, let alone the truck.😂😂😂
Those add-ons are absolutely jacked up. There's no way in Hell anyone with half a brain is paying $28k for an aftermarket lift kit!
I bought a used 2021 ram 1500 big horn with 30k miles on it for $36k still has warranty out to 100k miles.
Original MSRP was $54k new, if I option up a new one it comes out at $60k.
In 2 years this truck is worth $18k less?
$750/month depreciation.
Can you imagine what the depreciation on a $100k truck is?
My first new truck in 1981 was $4999.00. The good old days.
Good thing is Brandon seems to keep his inventory bellow 4k which is really realistic even when things hit a bad streak like he predicts he will still have his consumers and it is good that he is being very strategic it will help him and also his staff great leader.
30 years ago Ford Dealers sold lots of inexpensive cars (Escort, Probe, Festiva, Tempo, low power 4 cyl Ranger, base Taurus, base F150, 4 cyl Mustang, 6 cyl TBird, Aerostar, Base CrownVic). Ford says all those people now don't deserve cars.
There is another reason why banks were willing to lend absurd amounts of money. Prices of both houses and cars were going up. so, if a customer would default on its debts then the bank could seize the house or the car and simply sell it. As a result of those rising prices banks wouldn't lose any money. Or so they thought. We saw the same thing in the 2000s with the housing bubble.
Good thing I own neither 🤓
No, there are numerous differences between now and the housing crisis.
The root cause of the housing crisis were subprime mortgages being such a huge part of our economy which were bundled together and resold.
As these mortgages went into receivership the value of these packaged loans dropped at an incredible rate, therefore they could no longer be resold.
The main reason so many went into receivership was because of variable-rate mortgages being, basically, the default of subprime lending.
The vast majority of these mortgages were within one payment of being current until the balloon payments associated with variable-rate mortgages hit.
At that point massive amounts of people could not get back to current, leading to foreclosure.
Vehicles do not have balloon payments as they are not variable-rate loans.
You could make the case that a collision or unexpected, high-cost failure outside of warranty could be a major unexpected payment... but you could also say an unexpected HVAC/roof/foundation/electrical/external flood/or outside pipe failure leading to a massive water bill is far from impossible. Heck, even something covered by insurance has a standard $3000 deductible.
Also, auto lending is a FAR smaller piece of the economy than housing lending.
Also-also, the increased value of a house, even during peak housing cost increases would almost never cover the closing, legal, taxes, and other costs associated with the bank reselling a house. Put simply: your statement that a bank would or could seize a house and sell it for profit is incorrect.
In the theoretical event that an individual could do that you might be correct. For a bank or other corporation the costs are far higher.
Banks write loans out of thin air, they inflate housing , vehicles ,education costs and everything that uses financing , handing out such authority was never a good idea, now we have elite bankers controlling everything and raking it all to themselves
The banks always wins no matter what People are just stupid
@@tim3172 Nope. I was only talking about lending.
Let's assume that a house costs $ 400.000 and real estate prices go up in value then a bank is willing to lend say $ 400.000. If then the borrower defaults on his/her mortgage payments after then the house can be worth and fetch say $ 500.000. Then the bank will get back its money ($ 400.000).
When the bank lends $ 400.000 and real estate prices are going down then the banks risks that in a sale that house only will fetch $ 300.000. Then the bank risks a loss of $ 100.000. And making a loss is unacceptable in Capitalism.
The same story can be told for a used car.
The only thing that makes sense why these dealers are stocking up on vehicles. Is because they're probably expecting the UAW Auto Workers go on strike. That is the only thing that makes sense why they stocking up so much you're not selling it
I have a 2013 ford raptor (113k miles) and a 2012 GT500 (27k miles) wife drives a 2013 Infiniti g37 (110k miles), keeping them because I refuse to buy anything. Loving no payments and the dealerships can suck it
Your vids are very informative and constructive. Appreciate what you do. Nice to see a sliver of honesty in a business where I myself always feel the need to shower after visiting a dealer. That being said I'd LOVE to know what is the average down payment on these 80-100K vehicles and what rates/payments/months is the typical loan? As a terrifying example I saw a Tesla vid of a 30 something buying his online and only put down $500 and his payments were $900 for 72 months!!! He said he had a good job and worked from home but that's contradictory with only $500 down. Worse yet his fiancé was filming and was also 6 months pregnant. Scary.
He probably could afford it..but...then....those student loans are coming due.
Didn't anyone tell him how much a month that baby is going to cost?
Common core math right there
And they'll all look great with a nice coating of snow
because they won't fit in your garage.
Those are not vehicle loan prices; those are mortgages !
Yes they are just proves to me that people like debt I don’t my money in a cd making money while they borrow and lose money People have no financial clue of how to save Just spend spend spend
At first I had my doubts about spending a few thousand to fix up my 2011 F150. I have no regrets now.
Even a decent used one will cost you around 30K now. Ford and Chevy used to have a model year end clearance every year. Things have changed so much in the last 3 years.
Same, I have a relatively low mileage ‘09 F150 that I’ve kept in good shape since new. I bought it never dreaming I’d keep it this long but it just keeps going relatively problem free. I figure by putting several thou into it each year to keep right up on maintenance I’m far ahead of the game.
Been thinking something similar. Did some number crunching and I could just buy a rolling chassis from 50yrs ago build it out myself for half the cost of a new glorified grocery getter and have something cool I built myself.
LOL, The Add-On's are more than I would spend on an entire car.
How can anybody pay over $100,000 for a ram product is beyond me. Shoot any half ton pick up truck out there! This shits just getting crazy now.
It's government funding to force a vehicle crash to force the next thing they have stocks in...
Can’t help but laugh at them when they see the resell value in 10 years
Thanks again for the update.
Thank you for the more thoughtful take on who's buy trucks and why. Folks out here making it seem like all these folks hitting hard time or tightening up their money pockets were out here just splurging off of stimulus checks or tax refund checks. Real people feel like the economy flipped on its head overnight and they are trying to stay above water same way many of the big companies are, difference is the everyday person doesn't get bailed out.
I can’t even imagine… In California, like many states, the cost of your vehicle’s license is a function of the sales price. Year after year after year. Then sales tax. Then insurance. Then, for these gas guzzlers, gasoline. It’s insane.
Thank Grusome Newsome and the Democrats for all the tax, tax, tax on everything.
That truck has been on the lot since October and at that price it will still be there next October
My 2015 F150 4x4 5.0 XLT was $27K with 10K miles on it in 2018 Carvana. I thought $27K was crazy. It runs great heading to Idaho next week.
this research is why i subscribed! this is great man, all the way from Australia
I'd buy one of those nice Black Widow trucks... if the OTD price was $50k.
Screw that! Just buy a white truck and “black widow” it yourself!
Please go back to the dealer in December and show us how many of those trucks are still on the lot and what they drop the price to.
Even the 65000 base price is out of control.
Excellent video... Astronomical prices is a way to restrict personal freedom. Years ago, you worked hard and was able to survive.. Nowadays, no way !
This is corporate greed at its finest!! No logically, same person will buy these overpriced, overinflated vehicles. 🤯🤯🤷🏾♀️🤷🏾♀️
That’s insane. That add on for the ram of 30k is what I’m in the market for a colarado work truck
Pickups used to cost about the same as a lower end mid-size car. Now they’re costing like several. This has happened because people are dumb enough to pay these ridiculous prices.
He asked a great question. Who is paying these prices for these trucks? I don't see anything to warrant paying $90k+
It wasn't long ago that a $100,000 house was for the "well off". And now a pickup truck is priced for only doctors, lawyers and other legal extortionists.
I'm stuck with my 16 year old cars for life.
Been there, done that. I'm still driving a 20 year old sedan. I bought a home for $112k rather than buying an over-inflated car/truck. I'll keep my car until I have absolutely no other choice but to get a different car.
Thanks for an awesome video. Carry On Sir!
Good video, btw, thank you for airing this...
The people who really need trucks can't afford them. One of the big three needs to realize this and produce a real work truck that's affordable
They won’t. They are in cahoot!!
So I guess I'll need to keep my 2002 Silverado I purchased new for 17k almost indefinitely.
Honestly I like 1/2 ton 2wd long bed for the usefulness. One of the best features I like that no one offers today is that the truck is low and you don't need a ladder to get into the bed.
2000 Mazda B2500 is apparently a permanent fixture in my life. The manual transmission makes it anti-theft!
My 2007 Hyundai Elantra with a 5-speed with 342,000 miles is still going (even though I’ve replaced so many parts on it it’s basically the Ship of Theseus). I’ll keep driving it for now.
As long as parts are available and not rusted, its a keeper. A bad transmission is not that the end of the world. I'd change on the rear main seal at the same time if it does
2008 Silverado 3500HD DRW 4x4 crew cab with a 6.0l and added a dump bed. (Heavy steel body, not aluminum)
Bought it slightly used in 2010 for the farm and now also hauling with a part time firewood business. Starting to just rebuild it.
Plan on preventative new engine and transmission next year. Doing most of it myself and I estimate about $15K when I'm done.
It will last a long time yet, until I go sudo Amish with an ox team. 😂
$15K versus what? $100k + and interest to get something new or used and questionable for durability and ease of maintenance and a house payment type of note? Nah.
Thieves don't know how to drive a manual? How do you know that? @@MrCaesar2u
You are awesome! Those prices are shocking.
One thing i failed to mention on my previous comment that you touched on, my 2 local credit unions would not give me a loan on a lifted truck. I had to get my Black Widow Ram loan through the dealer and they used Stellantis Financial. Dealer even told me that all the local credit unions in my area (Milwaukee, WI) will not touch a lifted truck loan. Not sure how it is everywhere else but i found that interesting.
The credit unions know you'll be upside down on the vehicle worth in less than 2 year. In other words....bad loan.
Plus the lift affects/hurts trade in valuation. Big opportunity from greedy dealers, on top of it all, knowingly overcharging for these lifts. Wholesale is maybe $4-5k.
@@bennybronco76 upside down the second it drives off the lot.
I remember seeing the $99,999 black widow silverado 1500s at the dealer by my house in tulsa. Even during the stimmy check era, I couldn't imagine who would be dumb enough to buy one of those shits.
All these will lose the added value plus standard depreciation as soon as it leaves the lot
It’s true that people had an insane spike in home equity that they could take a loan out on at a super low interest rate. They can’t do that anymore. Interest rates are way too high. The FED just threatened to raise them again.
Some of my friends actually picked on me because I spent so much $$ on my truck for maintenance. Mobile_1 every 3k or annually, ALL fluids/filters every 3 years. 2012 2500HD gas Silverado, that looks like a suburban with the high end Leer cap. It's in perfect condition with 33k miles. It's been paid for since 2015. It's going to last me a long time, and still looks great! People still don't understand that good oil at 3 months/3000 miles, and all fresh fluids at 3 years is the best thing you can do for your vehicle! It's also a lot less than the payments on $100,000!! Peace --gary
Well done. The truck should last you a long time. You chose wisely . Your friends won’t be laughing at you anymore , that’s for sure. 👍👍👍
unnecessary to change at 3k. might as well change every 300 miles? If you had it changed every 7-8k miles, you would have ended up with the same exact result. you just wanted money and polluted environment for no reason.
What are you talking about? You absolutely don't even drive your truck.
@@coreymurphy2711 The last 3 years I was recovering from a serious medical condition, I didn't drive it much. After I retired I put on 3k-4k per year. That's what I'm talking about.
@@Gstunfisk Oil, synthetic or not, precipitates moisture in engines, especially in wide temperature variations like we have here in W-NY. The longest I leave it in is a year. The 3000 miles is my choice, that's the maximum effective time before it starts to degrade. All modern lubricants are also recycled, and used for other things. In any case I'll do whatever I think is best. You can just go troll someone else. 8(
What do you mean nobody can afford those trucks anymore? When did they ever?
You are so right! I paid off my Silverado and it runs very good. In good condition. I keep all the maintenance up to date. I'm keeping it for at the minimum of 5 more years. I could care less what others do. I could care less if people go into deep deep debt for a new truck. I can travel and eat out for cash, and no debt.
Mine is a 2001... Put 285k on it. Put a new engine in it last year... I'm good to go. Haven't had a car payment for 18 years or more.
@@toddsjogren5589 I actually like the older Silverados. I don't much care for the new ones.
Keep it, I'll never bite at those prices!
Our economy is going to be coming to a head and that's proof we're going to see things we haven't seen since the depression in the 20s and 30s and I think it's actually going to be worse
I tried to buy a utility truck or van for a business I just started. The msrp was 60k and when I checked the local dealer it was > 100k and they are all electric. I live way out in the country. So now I have to use my personal TV pickup for the business.
I used to get tons mail/email with pre-approved car loans before and while COVID, but then inflation kick in I haven’t got a single offer on the mail.
The add-ons are as much as a basic 4 door sedan. Trippin! Appreciate what you do man!
Great video, insane prices…
I was looking at replacing my 2019 F150 and it would have worked out to almost double what I paid 4 years ago if you include the cost of the interest on the loan. And to top it of my dealer was saying there hardly any in stock when there was clearly lots of trucks available. Hopefully these prices go back down to somewhat reasonable levels soon. I can afford to pay the prices they want but am currently refusing to purchase one because I just don't see the value in these vehicles at the prices they are asking.
What is wrong with the one you got??
@@pepsiholic4084 Nothing at all. It is a great truck, has super low miles on it and is almost paid for. I like to get new trucks for my business once the old ones are paid for. I can write off the lease and all related expenses on taxes then sell the truck and put the money I sell it for towards a new one. I have been doing this for decades and this is the first time I have hesitated on buying a new one because of the ridiculous prices. I would never buy a new expensive vehicle unless I could write it off as a business expense.
get a Toyota?
@@Sonoma_Coast That is exactly what I was thinking. they are like 15K cheaper for the same truck and much better quality
@@AnimationByDylan Then I guess I will have to stick with what I have or increase my business income to afford one.
Most 4X4 off road buyers would rather buy a stock base model, and customize their lifts, rims themselves.
I know exactly who's buying them at these prices. Business owners. My boss is one of them, needs that new trucks every 2 years. Business owners get them on a lease and use them as a business expense. Nothing comes from their pocket. Regular people can't afford these trucks.
Congratulations! Your video was tagged by the citizens Free press page. Lots of exposure!
I saw that we had a lot of external views popping up... That explains it 👍
My '85 Dodge Aries K runs almost as good as a Toyota. Shouid be good for another decade then sell to Carmax for their recent offer of $64.18
Jay Leno might be interested.
Impressive, I thought every K-car was in the junk yard years ago.
he actually likes some average type, somewhat lesser known in nice condition. He pretty much likes to experience the way things drive. and some quirky things. @@stuglenn1112
@@stuglenn1112 ACME parts keep it going
Just checked our local Ford dealership. 2023 trucks are selling for well under MSRP. 3K to 11k under MSRP to be exact.
I'm slowly seeing the same thing in my area. Keep waiting.
This is feeling like the housing financing issues that got us into the mess we were in back in 08. Its with trucks now... this is out of control, these dealers have no shame.
Houses are next to crash the fed will break the market that’s for sure keep raising interest rates u will see how quick it happens
A dude who works above my shop and does really well on real estate investments got a black widow and then one day it stopped rolling in and he’s back to his jeep wrangler - not sure if he kept the widow but it looked like a monster truck in the back lol
Thanks for your dedication Man👍 I like channels that look out for the little guy
Thanks 👍