@@G_Money_ Wtf are you talking about people are’t complaining about it? Anyone who has a modicum of financial knowledge realizes this, and isn’t happy about it. I started complaining when Trump injected the first several billion into the economy of free money. That’s when this cycle began, and Biden’s been continuing the stupidity.
The problem is that the base price should be around $25k on all of them, and the most expensive fully decked out models should be under $50k. Starting at $40k and going up to $80k is beyond ridiculous, and people have finally had enough of the price gouging.
Times have changed. You can't even get a camry that cheap anymore. Most Sudan's start at 38k now where 50k is the starter price before mandatory dealer fees above asking for a truck and 64k for a Crew cab. Idiots are willing to pay
I got my Ram Laramie for 16k less and they threw in a free Tonneau cover, as well. Remember, the banks own the trucks, not the dealerships. You have all the leverage as the banks need these off the books.
When gas prices were at their peak last year I had a guy complain to me that it was too expensive to fill his new suburban. I asked him if he got it because he had a big family dude said he only had 2 kids and bought it just because. I just laughed because it’s people like him is the reason the car market and gas has become so expensive. People no longer buy for need they just buy excess.
@@DeadAir21 I live in truck capital, wake up. There are nafarious people wanting people out of their cars and houses. My premier even said this is the agenda. Do you want to own a house or cars, well it is expensive on purpose. We live in sick world where climate change protocol are taxing people to death. People have the freedom to own things, but they will never achieve this if they can't afford it.
There was a time when if you were a young guy your first truck was a ranger or S-10 because they were affordable. Even mid size trucks now are unattainable for the people who used to buy them.
There was a time when if you were a young family, husband wife two kids your father could have a job and support the family while mom stayed home. Also you had a nice family vehicle. Why did that change?
I'm 19 and trying to get a 4x4 work truck for under 30k. Buying new is borderline impossible, while getting something used with under 50k miles isn't exactly easy either. I work 2 jobs, I save my money, and I'm not forking out for student loans, but still feels like an uphill battle.
@@geocam2 So, who made you the judge of what people need? Do you "need" the vehicle you are driving? Or you could you get by with a small sedan? Pickups are the most practical vehicles made. You can haul up to six people in a crew model, can haul a good amount of stuff in the back, and can pull trailers and boats. A lot of people use their pickups often.
These ridiculous prices are why I recently chose to buy a new motor and new torque converter for my 2005 Ram 1500. Parts and labor were $9600 (motor from Jasper was $6000 by itself with a 100k mile warranty) . Yes, that's a lot, but it's pretty cheap compared to buying even a newer used truck now days.
Same here. I picked up a high mileage southern 04 expedition. The owner took great care of it. I'm retired and it's a great hobby I've been working on all the modifications I want for 18 months now. Another 6 months and it will be done. Total budget $10,000. I think in the future your going to see alot more people doing the same. $10,000 is nothing compared to a new one. Have fun.
The issue is that the Dealers, especially the Ford ones, have been increasing costs and selling their vehicles at a premium for so long that they have turned customers away. I purchased my 2015 King Ranch fully loaded for a listed price of $65,000, and after rebates, I got it for $40,000. A couple of years ago, before I seriously considered retirement, they asked $75,000 for a similar trim package. I still have my 2015 truck and would love to get another, but now that I'm retired, I won't even look.
I bought my house for $35K in 2005 and its paid off now......these car companies are outta their damn minds if they think I would pay double that for a 1/2 ton truck.
I’m an electrical contractor. I try to explain to customers that it costs $20 an hour to run a vehicle. They’re usually shocked. But total the payment, insurance, fuel and upkeep it’s a lot of money. It’s not like a brick and mortar store where people come to us. It costs money to go to them. Then figure hourly wage plus 50% for taxes and workers compensation, your up near $80 with no profit. And it has to get passed on to consumers.
What goes around, comes around. Looking forward to walking into a dealership, asking them what the MSRP is and then informing them that I have a -$15,,000 market adjustment. Remember, it's not my choice, it's the market.
I just bought a 2023 Ram Laramie for 16k under price and they threw in a free Tonneau cover, as well. The banks own them, not the dealership. Customer has the leverage right now.
I’m old and here to tell you it’s self leveling, I’ve seen it before, right now high retail prices combined with high interest rates, they’ll get the message, they know what’s sitting on the lots!
Prices are way too high, but the dealers can't stop. They're so used to good profits. They can't bring themselves to give them up. Things are going to get worse.
The problem is the financing. Everyone's credit is shot after Covid. The last time I bought a new vehicle my payments were $350/month at 7% interest rate. Now, my payments for the same car purchase amount would be $800/month and running at least 12 months longer than my previous loan.
ANOTHER EXAMPLE OF PRICE GOUGING AND TAKING ADVANTAGE. THAT DOESN'T HAVE ANYTHING TO DO WITH INFLATION IT HAS TO DO WITH GREED. AS LONG AS PEOPLE DO IT THEY WILL REQUIRE IT.
Because I want at least an xlt on an F150 and they are around 58k. Thats insane. The price of trucks has increased year over year way faster than the general cost of living has vs peoples paychecks.
Hello my friend. I used to live in 20785 zip code. I am currently waiting for F450 Limited. We talk about high pricing, but shouldn't we all expect that anyway with 4-5 times of total dollars in our currency systems?
I agree. Pick-up trucks are too damn expensive! The auto manufacturers need to go back to basics and start making trucks that everyone can afford. If I were to spend $80,000 on a vehicle, then I would look at a nice new Lexus. Pick-up trucks are for work, not luxury.
Prices have to come down and down by a lot. Interesting that most of the "what''s new for 2023" are cosmetic or feel-good upgrade packages which most don't need, want, or will ever use. They just add more $$ to the already overpriced MSRP. Yeah, you don't have to look very hard for why there are tons of trucks waiting to be sold. Don't be surprised to get a very good deal on a 2023 come November/December.
The problem with selling new F150s is the old ones are lasting so long. I just sold a 2007 F150 with 242,000 miles and it was running great. Most everything is still original. Probably has a couple more hundred thousand miles left in her. I have a 2016 F150 that has been flawless so far. 93,000 miles on that one. No reason to buy new when the old ones last so long.
Dealers jacked up prices. They'd rather sell 1 truck for $30,000 More than sell 4 trucks a day. Truck manufacturers are telling dealers they'll be outa business soon.
I live in a rural area in Northern NY. I hear what you are saying but I have been keeping an eye on prices for some time now and there is almost no change in truck prices in my area. I say almost no change because just recently our Ram Dealership was advertising 'up to $10 000.00 OFF' on certain in stock models- thats it. The Chevy and Toyota Dealerships are still selling vehicles like crazy at these insane prices and they aren't willing to haggle much if at all. The only thing I have noticed in the last few weeks is more models on the lot at the Chevy dealer so possibly some price drops will be seen in the near future. We'll have to see.. Thanks for your videos. Looking forward to the next one.
It's the overinflated prices of new trucks that are preventing sales AND keeping the prices of used trucks higher than they should be. 20 year old F350 Powerstrokes are selling for about half of their new sticker price when they should be between 25% and $35% depending on model and mileage. This has been causing peripheral problems with insurance payouts for totaled trucks. My F350 was recently totaled, and State Farm says local market price for payout is $16,800 even though there are NONE like mine for sale in the entire state! I found similar vehicles for sale in other states for between $19,500-$26,000. Dealers in the state tell me that if they had a truck like mine, they wouldn't sell for less than $19,000-$19,500, depending on what part of the state they are in. I want what my insurance policy says, current local market value for totaled vehicles. I want the $19,000 quoted, or I stand no chance of replacing it! If I were to buy it back and repair it, they want $3,200 salvage value! By THEIR valuation, I would have $13,600 to repair it... $2,000 LESS than the bodyshop quote to repair it! At $19,000, I could buy it back and repair it with nothing "left over". This would "make me whole" which is the PURPOSE of having insurance in the first place! ALL of these issues are the direct result of dealerships GREED!
We own a business and buy these work trucks we need 3 right now but are refusing to pay these prices and as that money sits in my account waiting on decent prices I am beginning to like looking at it!! The trucks we have are running fine, we now see buying new is not so smart!!
I'm retired. Since 1967, I have bought old vehicles cheap, fixed them up and ran them for years. My 1985 C-10 will get fixed up this summer. I figure about $2000 and 300 hours of my time to do the chasis work, body work, any other problems that I come across. I like the look of my square body trucks better than anything newer. If worst comes to worst I'll restore my 1955 Chevy 3/4 ton with a wood gasifier. Good Luck, Rick
I agree to an extent as I have stable of square bodies I have built. I’m down to the last blocking on the bedsides on a 87 V20, frame off and drivetrain refresh for my son. It goes for new dual exhaust next week and that alone is $900. My point is, nothing is cheap nowadays. I too see more value in old trucks and daily a 85 K20 that get too much attention as you can’t really replace it and I have no desire to sell it.
I'd like to get into a truck like a Ram 1500 even an 8 cyl because I only put 5k miles on per year now. The prices are just too high for new and used. Manufacturers and dealers can either lower prices now or hold out for guys like me to get desperate buying sooner than later. I got news for them guys: I'm ok holding onto my PAID crossover and not getting a truck.
High prices and rates are keeping me from buying a truck. Just as I'm seeing some deals that might work, my house payment jumps $400 because of increased property taxes. I'm now looking at used sedans. Maybe a '13-'18 Avalon or a '15-'16 Hyundai Genesis. I flat refuse to buy another mass market mid-size sedan.
Go look for a $35,000 truck. Good luck. The lots a filled with upper level trucks that start at $48,000 and go up drastically from there. Always had a truck as our second vehicle. Not anymore!!
The Ford F150 has been their money maker for many years. But they are now overpriced and lack quality. People will walkaway as they will until management changes.
I have a 65 C10, 6cy. three on tree. It has a heater to keep me warm, windows to keep me cool. No fancy crap to go wrong. No payment. Dealers can keep those shiny unproven trucks, and I will keep mine.
They can't really lower prices on trucks. Companies made trucks with way too many bells and whistles. Trucks today are similar to the old Lincolns and Cadillacs from the 60's and 70's. Big, heavy and luxurious except now they sit higher off the ground. Obviously this makes them more expensive to manufacture.
Good point, if I need a real working truck I don't need the bells and whistles. The manufacturers are all quick to create tailgate accessories, give me a break, the tailgate of a working truck is the first thing that's going to get abused.
While this is true, even base models with minimal options are still crazy expensive. And the same luxury phenomenon has happened across the board and SUVs and sedans have not had their MSRPs increased at the same rate as trucks.
I don't have the historical data in front of me but based on what I see at dealerships these numbers are probably nothing compared to inventory 5-10 years ago. It used to be many dealers were absolutely flooded with truck inventory. These were the days of massive incentives. The build up of new inventory is something worth paying attention to when considering a new vehicle purchase. Rebates could be on the horizon yet again at least for mid trim level trucks.
Mid-size market is where the demand is, the updated MSRP for the upcoming base model 2024 Ranger is as much as the 2023 F150. Would love to see inventory levels for the Frontier / Tacoman / Ranger / Colorado compared to full-sizes.
Maybe its because the payment on a new truck looks a lot like a mortage payment. Maybe its because all the bells and whistles they add to drive up profit and increase repair costs
Im in the market for a 4wd truck but for the reasons you've mentioned, I'm just going to keep driving my 2016 Camry SE 4cyl and my 2008 Ford Ranger Sport extended cab 2wd 4.0L. Both just hit 100,000 miles. I don't need 4wd that bad, especially with their mark up.
@@MrFirstonraceday I have a very slow leak on the thermostat housing. Temp stays normal when driving but I can see the slight leak and I'm going to replace the housing, sensors, pretty much everything since I have to take it apart. Another 100,000 is the goal. Thanks for the heads up.
When I can’t get back into a GMC truck for less than mid 40’s something has gone wrong. I think the fact that GM has bought into the EV craze may be having the Bud Lite affect on some of us too. I’m a GM retiree and when I’ve gotta pay that kind of money for my loyalty, sorry! Just isn’t gonna happen at my age.
A family member was looking at new Silverados. Most of the new ones on the lot had the their new 4-cylinder turbo engine. The V-8's were either black or white. The guy was told he would need to order a truck to get the color and engine he wanted.
I'll stick with my 85 GMC Sierra Classic 3+3 Dually...Paid $1500 for it 6 years ago...I've turned down offers of $10,000 two years ago...this year an offer of $15,000....
The problem isn't the fact that the dealerships can't sell a truck the problem is the fact that people can't buy the trucks the reason trucks have become so expensive is because the dollar has become so inexpensive due to inflation
Alot of the problem with trucks is that the manufacturers have made them into luxury vehicles. Honestly, how many " base" models do you see on a dealer lot ?? The market has changed and dea LLP ers are trying to make a quick buck price gouging for all of the technology and packages. Who in their right mind is going to pay 70 to 100k for a pick-up ?? With monthly payments that are more than most mortgages
Crazy prices on new trucks. Getting a new starter on my 22 year old siverado1500 for 500 bucks. That's less than 1 month payment on a new truck. As a retired 60 year old, it's all I care to affford.
People just cannot afford them anymore. Food or a new truck. Electric bill or a new truck, rent or mortgage payment or a new truck, paying insurance on a new truck is outrageous. People are are going to squeeze everything they can out of thier existing truck.
The demand of weekend warriors buying massive trucks to run to home depot on the weekends i believe has given the truck manufacturers a false sense of security to keep their prices up
Interest rates too low for too long, overpriced luxury fluff on trucks, RV's, housing, boats, etc. became the norm. As long as customers could afford the monthly and convince themselves "I deserve it," the high-profit add-ons just got absorbed into a monstrosity of a loan. That model is falling apart right now.
This was bound to happen. Just common sense. 2008 All over again. Not just trucks.. everything. We have 3 vehicles all paid off. Oldest 2012. Please people hold onto your vehicles and take care of them. This is the only way things will change. Sure i would love to buy a new car... But i dnt NEED a new car. We control the outcone of this. IF YOU BUILD IT THEY WILL COME!!! NOOOO not now. BEST TO ALL BE SMART
I was going to buy a ford maverick when the msrp was $22,000, went to the dealer they wanted $32,000 to $42,000, dealer can sit on it.. mark up was added and written on the window stickers in magic marker, they can go bankrupt for all I care
Love my 90s chevys. They run on all 8 all the time, stay running when at a stop light. I can get 18mpg on the highway in a quiet cabin with the air on. Parts are plentiful and most repairs can be done with basic tools. If you live in the rust belt find one from the south or west and fill the rockers unbody and frame with fluid film and you will have a truck that can do truck stuff and probably outlast a new one.
I'm lucky I got my F150 in 2017. If I had waited, I wouldn't pay the price the dealers are asking today. Trucks used to be affordable, today, not EVEN. I got 4WD in an XLT package, one of the lowest trim models, and honestly I could do without a lot of the features it has. Some I have never used. My first truck was a shiny new 1978 F100 3 speed column shift with ZERO options, I even had to pay extra for the rear bumper. While I would not care to go that Spartan again, I did drive it for over 19 years until I replaced it with a 1997 F150 XLT, which was about right for options for a miser like me who was starting to get older. I kept that until my current truck. No telling how long this new one will last. Sigh...
It’s bad time to buy anything for financing rates are to high plus MRSP as well with those high prices 80k 100k or even 50k all plastic interior plus a lot engines and transmission problems it’s insane now has prices are going up here in Hollywood Florida dealerships are pack with the inventory good content man keep up
I've been looking and no dealer wants to discount their trucks. One dealer told me they need to make money on them. Even for last years model, they are still changing over MSRP. I'll wait.
As a car guy I am surprised you did not caution your relative against buying a Nissan Pathfinder. The write up's and consumer report give the Pathfinder very low ratings. Actually, some car reviewers said that Pathfinder is a rolling piece of junk. I can only hope she got a great deal. The new Explorer rating are not much better. You should have advised her to get a Toyota Highlander, or Honda Pilot.
Looked at a Toyota Tundra last month - nearly $60k…WTF. Settled for a RAV4 hybrid and had to wait two months for that. Also looked at Subaru Outback at a small dealer and they had plenty of those on the lot. Crazy time to buy a new vehicle.
Please remember there are several different size trucks. The lots are only full of overpriced half ton trucks. New Heavy Duty trucks are scarce and sell as fast as they hit the lot. Used HD trucks are overpriced and interest rates are far too high making them harder to sell lately.
I don't necessarily think gas economy is a strong a factor for trucks in determining salability. Toyota Tundra has relatively poor mpg, but is always in demand because they're reliable. Toyota would be my first choice over Ram, GM, or Ford.
My truck is 23 years old... it isn't running right but I am working on it. My car has no issues in the mean time. With no motivation to buy a new truck at house prices
The problem with trucks is very simple. The manufacturers don't produce "trucks" anymore, they produce fancy cars with big open trunks. My current truck is a 2005 RAM 1500 because it's about the last year Dodge actually built a truck. It's simple, Vinyl seats, crank windows, no fancy electronics. A 6 speed manual transmission and a simple small block V8. No BS just a truck. They want to sell trucks configure and price like this; 1/2 ton, like mine with an extended, not crew cab, and a choice or 3 axles, a small block gas V8 or a 4 liter 6 cylinder, normally aspirated diesel like a tractor engine . Price at $25K for the gas and $28K for the diesel. 3/4 ton, as above with 4 axles, 6 or 7 speed manual transmission, a 6 liter gas or a 5 liter turbo charged diesel. Price at $32K for gas and $35K for diesel. 1 ton. as above with 7 liter gas or 6+ liter turbo charged diesel 5 axles, 6 or 7 speed OR 2X6 split shift transmission and air brakes and suspension. Price at $40K for gas and $45K for diesel. Those trucks will sell. Forget all this fancy crap, no value.
To think I paid $18,600 for a loaded 1996 Silverado standard cab 2WD , classic vortec 350 with the not as complex 4L60e 4 speed auto, actual chrome plated steel bumpers, aluminum wheels, tilt, cruise, AC, PW PL, remote mirrors,premium sound. It actually stickered for $20900 but since it was Oct 1996, they knocked off $3300. What I paid works out to about $35,000 factoring in inflation. Still have the old two tone chromemobile with 105,000 miles , no rust. Just keep it out of these Michigan winters. I wouldn't want a 2023 if they gave me $25,000 for a trade in. It would still be too much , they're too friggin big, too many gadgets and standard cab 2WDs seem like they're extinct. Nearly everything in southeast lower Mich is a quad cab 4WD with 20" wheels and too much plastic.
I started looking at the mid-sized truck market in Minneapolis and have the hardest time finding anything in stock to test drive. Most Chevy dealers show models available that are “In-Transit” or they are under contract. Some dealers won’t even list the Colorado on their website because they just don’t have them.
In my zip code area no Ford dealer has more than 2 F150 Platinums on their lot. These numbers don't account for regional preferences. And if I'm paying $75-80k for a truck, I'm not taking whatever option package they have to sell. That's why people continue to order these trucks and pay near sticker.
This wouldn't be happening if people only bought trucks if they really needed to move things around and go off road and get dirty. I hate seeing clean trucks that never do anything
My neighbor payed just over $70k for his Ram truck to drive back and forth to work. Never hauls anything. Never tows anything. Doesn't go off-road. Just back and forth to work.
Like I said on another video, I just purchased a 2007 LBZ Chevy Duramax Diesel with 123,000 miles for $25,000 fully loaded with crew cab and it will last for ever.....why buy a new truck for $65,000 - $95,000 and have all that smog DEF requirements on it that hurt performance and cost lost to fix all the time....
There is a new Ram Laramie 4x4 in my area with MSRP $71,000 and sale price of $52,000. Sounds like an incredible deal until you figure in 7% interest that comes up to $28,000. I think the only people who are buying trucks are ones who have a $40,000 trade-in.
Rate means nothing once you get approved. They will drop the rate once you are approved and threaten to walk away. My rate was 2.9% for a 2023 Ram Laramie in the end. The banks own the trucks, not the dealership. They want these trucks off the books pronto.
Do you remember when you could buy a basic truck with standard, cloth or even vinyl seats, crank windows, vinyl floormats, and AM/FM radio? It wasn't that long ago.
I bought a 2001 Silverado 2500HD a 4 years ago for $4,700. 181,000 miles. Leather interior. All power everything. Yet to have to do any repairs on it. Heck with those new trucks that cost as much as a house.
About 5 years ago, I was looking at buying an F-150 XLT. They were around $30,000. Today, I could not afford one. Since I fully own my old Suburban, which I use constantly for recreation, I decided to get a Mustang GT as a daily driver to work (better gas mileage at 26mpg highway). As of today, my used Mustang is worth more than when I bought it.
I think a lot of truck market people who like myself don't use them specifically for work are going back to mid size truck. Also where are all these brand-new trucks sitting? The new car dealerships have virtually no inventory. They just order what you want and make you wait 4 months
Dealers got greedy, and thought they could charge whatever they want because, well, "pickup truck"...wrongamundo, guys. The prices for PUs are insanely overblown, and nothing is going to change until the sales prices come back to reality. There are RAM 1500s out there that are sitting on the lots with sticker prices OVER $100,000....are they nuts?
You don't need a fully loaded 4 wheel drive truck just too go to the grocery store or The LumberYard, But the manufacturers and dealers plants that everybody needs to have a four-wheel drive pickup.
I was a manager for GM and I can tell you that trucks are where the manufacturers make their money. With cars there just isn't much between the cost and sale price. Thank your Unions for that. It is just crazy what employees in these plants make. We tried going to a more gradual increase, to start employees out at around $20 a hour and a gradual pay raise through career, to be at max pay within 15 years, but at 3 year negotiations that left the table. So that is the high cost. Labor.
Please explain more in detail that these auto workers in the plant don't deserve their money. Have you worked in an auto plant? Do you deal with repetition that your muscles and joints hurt everyday of your life because of the work they do? I bet not. There's a reason they get payed pretty well. Most people would love the money and benefits they make but most don't want to do the work because of long term health problems. Most people don't get that. I've worked in the plant. It's exhausting work. 18 years of doing that work. Guess what? Tendinitis. Hands and fingers are crippling up. I love to play golf but can barely hold the golf club. Oh but wait the money is good! Good trade off. Yep keep complaining how well we get paid while you work in an office.
The 150/1500s are consumer level vehicles that can be replaced by something more efficient for many people. The HD trucks (especially the more capable ones) are still in demand. You can't pull a 20,000 lb trailer with a SUV.
$50,000 for a basic work truck just doesn't make sense.
I concurr
Nope it doesn’t especially if you are looking to a few for a commercial fleet.
Taxes are going up. People aren't complaining about it. It's called inflation. 50k for a truck is normal now.
@@G_Money_they’re not? People complain all the time about taxes going up.
@@G_Money_ Wtf are you talking about people are’t complaining about it? Anyone who has a modicum of financial knowledge realizes this, and isn’t happy about it. I started complaining when Trump injected the first several billion into the economy of free money. That’s when this cycle began, and Biden’s been continuing the stupidity.
The problem is that the base price should be around $25k on all of them, and the most expensive fully decked out models should be under $50k. Starting at $40k and going up to $80k is beyond ridiculous, and people have finally had enough of the price gouging.
Agreed, prices are out of control. Have been for a while.
Absolutely
Ford and many other manufacturers are producing $100K trucks. It's insane.
@@rdekemper Try again!
Times have changed. You can't even get a camry that cheap anymore. Most Sudan's start at 38k now where 50k is the starter price before mandatory dealer fees above asking for a truck and 64k for a Crew cab. Idiots are willing to pay
I would buy a truck tomorrow if they drooped 20K. I absolutely refuse to pay these ridiculous prices. Until then, they can rust on the dealers lots...
You will never see them prices again maybe drop 5 but not 20 high prices are here to stay I believe
I got my Ram Laramie for 16k less and they threw in a free Tonneau cover, as well. Remember, the banks own the trucks, not the dealerships. You have all the leverage as the banks need these off the books.
They aren't rusting people are buying them anyway!!!
Heck I'd be happy with 30k and 4wd! But 40k is just to much! And that's barely anything in this market.
@@Patriot-pq1ku we're to vent my dude
Let it all burn down!! After what these criminals have done for the past few years they deserve to go under
Beautifully said !!! 😂😂😂 are you classically trained
Thank you. Well said
Nooo, because then we’ll have to bail them out
Damn right.
Yes agreed and add our corrupt govt. Too the burn down list too!
People who buy overpriced trucks for personal use and then complain about gas prices crack me up.
When gas prices were at their peak last year I had a guy complain to me that it was too expensive to fill his new suburban. I asked him if he got it because he had a big family dude said he only had 2 kids and bought it just because. I just laughed because it’s people like him is the reason the car market and gas has become so expensive. People no longer buy for need they just buy excess.
I sooooo agree with that!!!! Then, they're driving 85mph on the highway!
@@bjsimon802 You have the right to crap on your bed. Don’t complain about the smell when you do it.
@@bjsimon802 you make no sense.
@@DeadAir21 I live in truck capital, wake up. There are nafarious people wanting people out of their cars and houses. My premier even said this is the agenda. Do you want to own a house or cars, well it is expensive on purpose. We live in sick world where climate change protocol are taxing people to death. People have the freedom to own things, but they will never achieve this if they can't afford it.
There was a time when if you were a young guy your first truck was a ranger or S-10 because they were affordable. Even mid size trucks now are unattainable for the people who used to buy them.
There was a time when if you were a young family, husband wife two kids your father could have a job and support the family while mom stayed home. Also you had a nice family vehicle. Why did that change?
Chevy had the Luv' in the 70s as a base small truck.
It changed cause the government and corporations wanted more debt and tax slaves.
I'm 19 and trying to get a 4x4 work truck for under 30k. Buying new is borderline impossible, while getting something used with under 50k miles isn't exactly easy either. I work 2 jobs, I save my money, and I'm not forking out for student loans, but still feels like an uphill battle.
@@geocam2 So, who made you the judge of what people need? Do you "need" the vehicle you are driving? Or you could you get by with a small sedan? Pickups are the most practical vehicles made. You can haul up to six people in a crew model, can haul a good amount of stuff in the back, and can pull trailers and boats. A lot of people use their pickups often.
These ridiculous prices are why I recently chose to buy a new motor and new torque converter for my 2005 Ram 1500. Parts and labor were $9600 (motor from Jasper was $6000 by itself with a 100k mile warranty) . Yes, that's a lot, but it's pretty cheap compared to buying even a newer used truck now days.
I take the original motors out and have them rebuilt about $3500 and a couple months on a waiting list. I live in the south west rust is not an issue.
It’s cheaper to fix what you have vs buying a new truck. But it’s a lot up front. Dave Ramsey would be proud! Lol
Same here. I picked up a high mileage southern 04 expedition. The owner took great care of it. I'm retired and it's a great hobby I've been working on all the modifications I want for 18 months now. Another 6 months and it will be done. Total budget $10,000. I think in the future your going to see alot more people doing the same. $10,000 is nothing compared to a new one. Have fun.
The issue is that the Dealers, especially the Ford ones, have been increasing costs and selling their vehicles at a premium for so long that they have turned customers away. I purchased my 2015 King Ranch fully loaded for a listed price of $65,000, and after rebates, I got it for $40,000. A couple of years ago, before I seriously considered retirement, they asked $75,000 for a similar trim package. I still have my 2015 truck and would love to get another, but now that I'm retired, I won't even look.
It’s simple, these brands are about $35k over priced for entry level truck.
I haven't seen any of these trucks on a dealer lot for less than 55 grand, with most in the 65 grand or higher. 40 grand 1/2 ton trucks are a myth.
I bought my house for $35K in 2005 and its paid off now......these car companies are outta their damn minds if they think I would pay double that for a 1/2 ton truck.
Forty Grand will get You A Strip Down Ranger!
I love my 99 silverado.
Almost 300k and runs great.
I put a water pump on it in 1 hr and it cost about $150.
These new vehicles are beyond ridiculous.
I’m an electrical contractor. I try to explain to customers that it costs $20 an hour to run a vehicle. They’re usually shocked. But total the payment, insurance, fuel and upkeep it’s a lot of money. It’s not like a brick and mortar store where people come to us. It costs money to go to them.
Then figure hourly wage plus 50% for taxes and workers compensation, your up near $80 with no profit. And it has to get passed on to consumers.
Thank you. Most people don’t have a clue what it takes to run a business. Always a comment on why do you charge that much. Happy trails 👍
Agreed. As a waste hauler, I use 3/4 ton diesels and they’re expensive to operate.
That is why inflation is so bad. It just spreads and spreads feeding off everything
So what’s your point with respect to trucks?
@@slickar2752 cost money to run
What goes around, comes around. Looking forward to walking into a dealership, asking them what the MSRP is and then informing them that I have a -$15,,000 market adjustment. Remember, it's not my choice, it's the market.
NICE
I just bought a 2023 Ram Laramie for 16k under price and they threw in a free Tonneau cover, as well. The banks own them, not the dealership. Customer has the leverage right now.
I’m old and here to tell you it’s self leveling, I’ve seen it before, right now high retail prices combined with high interest rates, they’ll get the message, they know what’s sitting on the lots!
I am hoping to see the interest rate jump to 10% plus to level the inflation and bring the price of cars and the houses down.
@@wj2791 Lets do 21%, I'm in.
@@wj2791 I don’t think there will be much of a housing correction.
Prices are way too high, but the dealers can't stop. They're so used to good profits. They can't bring themselves to give them up. Things are going to get worse.
ANY TRUCK, IS SERIOUSLY OVER PRICED. Why go in debt to have a NEW. Pick up
Truck prices are Insane!
The problem is the financing. Everyone's credit is shot after Covid. The last time I bought a new vehicle my payments were $350/month at 7% interest rate. Now, my payments for the same car purchase amount would be $800/month and running at least 12 months longer than my previous loan.
ANOTHER EXAMPLE OF PRICE GOUGING AND TAKING ADVANTAGE. THAT DOESN'T HAVE ANYTHING TO DO WITH INFLATION IT HAS TO DO WITH GREED. AS LONG AS PEOPLE DO IT THEY WILL REQUIRE IT.
Because I want at least an xlt on an F150 and they are around 58k. Thats insane. The price of trucks has increased year over year way faster than the general cost of living has vs peoples paychecks.
Crazy to think 3 years ago you could get an XLT for $40k
F-150's are ridiculously overpriced not to talk of they are still adding mark ups especially here in MD 2023 F-150 lariat is 80k without markup
Hello my friend. I used to live in 20785 zip code. I am currently waiting for F450 Limited. We talk about high pricing, but shouldn't we all expect that anyway with 4-5 times of total dollars in our currency systems?
I agree. Pick-up trucks are too damn expensive! The auto manufacturers need to go back to basics and start making trucks that everyone can afford. If I were to spend $80,000 on a vehicle, then I would look at a nice new Lexus. Pick-up trucks are for work, not luxury.
Prices have to come down and down by a lot. Interesting that most of the "what''s new for 2023" are cosmetic or feel-good upgrade packages which most don't need, want, or will ever use. They just add more $$ to the already overpriced MSRP. Yeah, you don't have to look very hard for why there are tons of trucks waiting to be sold. Don't be surprised to get a very good deal on a 2023 come November/December.
Agree agreed agreed.. it’s because of their greed
Im a car hauler I went to a Ford dealer to drop a car ,I could not park ,the lot was full of pickup trucks ,I mean hundred of vehicles
The problem with selling new F150s is the old ones are lasting so long. I just sold a 2007 F150 with 242,000 miles and it was running great. Most everything is still original. Probably has a couple more hundred thousand miles left in her. I have a 2016 F150 that has been flawless so far. 93,000 miles on that one. No reason to buy new when the old ones last so long.
Dealers jacked up prices.
They'd rather sell 1 truck for $30,000 More than sell 4 trucks a day.
Truck manufacturers are telling dealers they'll be outa business soon.
I live in a rural area in Northern NY. I hear what you are saying but I have been keeping an eye on prices for some time now and there is almost no change in truck prices in my area. I say almost no change because just recently our Ram Dealership was advertising 'up to $10 000.00 OFF' on certain in stock models- thats it. The Chevy and Toyota Dealerships are still selling vehicles like crazy at these insane prices and they aren't willing to haggle much if at all. The only thing I have noticed in the last few weeks is more models on the lot at the Chevy dealer so possibly some price drops will be seen in the near future. We'll have to see.. Thanks for your videos. Looking forward to the next one.
Crazy the prices.Also make a standard work truck.
It's the overinflated prices of new trucks that are preventing sales AND keeping the prices of used trucks higher than they should be. 20 year old F350 Powerstrokes are selling for about half of their new sticker price when they should be between 25% and $35% depending on model and mileage. This has been causing peripheral problems with insurance payouts for totaled trucks. My F350 was recently totaled, and State Farm says local market price for payout is $16,800 even though there are NONE like mine for sale in the entire state! I found similar vehicles for sale in other states for between $19,500-$26,000. Dealers in the state tell me that if they had a truck like mine, they wouldn't sell for less than $19,000-$19,500, depending on what part of the state they are in. I want what my insurance policy says, current local market value for totaled vehicles. I want the $19,000 quoted, or I stand no chance of replacing it! If I were to buy it back and repair it, they want $3,200 salvage value! By THEIR valuation, I would have $13,600 to repair it... $2,000 LESS than the bodyshop quote to repair it! At $19,000, I could buy it back and repair it with nothing "left over". This would "make me whole" which is the PURPOSE of having insurance in the first place! ALL of these issues are the direct result of dealerships GREED!
We own a business and buy these work trucks we need 3 right now but are refusing to pay these prices and as that money sits in my account waiting on decent prices I am beginning to like looking at it!! The trucks we have are running fine, we now see buying new is not so smart!!
Yes the tax write off is good the new vehicle reliability is good the monthly payment not so good 😀
I'm retired. Since 1967, I have bought old vehicles cheap, fixed them up and ran them for years. My 1985 C-10 will get fixed up this summer. I figure about $2000 and 300 hours of my time to do the chasis work, body work, any other problems that I come across. I like the look of my square body trucks better than anything newer. If worst comes to worst I'll restore my 1955 Chevy 3/4 ton with a wood gasifier. Good Luck, Rick
I agree to an extent as I have stable of square bodies I have built. I’m down to the last blocking on the bedsides on a 87 V20, frame off and drivetrain refresh for my son. It goes for new dual exhaust next week and that alone is $900. My point is, nothing is cheap nowadays. I too see more value in old trucks and daily a 85 K20 that get too much attention as you can’t really replace it and I have no desire to sell it.
I'd like to get into a truck like a Ram 1500 even an 8 cyl because I only put 5k miles on per year now. The prices are just too high for new and used. Manufacturers and dealers can either lower prices now or hold out for guys like me to get desperate buying sooner than later. I got news for them guys: I'm ok holding onto my PAID crossover and not getting a truck.
High prices and rates are keeping me from buying a truck. Just as I'm seeing some deals that might work, my house payment jumps $400 because of increased property taxes. I'm now looking at used sedans. Maybe a '13-'18 Avalon or a '15-'16 Hyundai Genesis. I flat refuse to buy another mass market mid-size sedan.
Go look for a $35,000 truck. Good luck. The lots a filled with upper level trucks that start at $48,000 and go up drastically from there. Always had a truck as our second vehicle. Not anymore!!
The Ford F150 has been their money maker for many years. But they are now overpriced and lack quality. People will walkaway as they will until management changes.
I have a 65 C10, 6cy. three on tree. It has a heater to keep me warm, windows to keep me cool. No fancy crap to go wrong. No payment. Dealers can keep those shiny unproven trucks, and I will keep mine.
They can't really lower prices on trucks. Companies made trucks with way too many bells and whistles. Trucks today are similar to the old Lincolns and Cadillacs from the 60's and 70's. Big, heavy and luxurious except now they sit higher off the ground. Obviously this makes them more expensive to manufacture.
Good point, if I need a real working truck I don't need the bells and whistles. The manufacturers are all quick to create tailgate accessories, give me a break, the tailgate of a working truck is the first thing that's going to get abused.
While this is true, even base models with minimal options are still crazy expensive.
And the same luxury phenomenon has happened across the board and SUVs and sedans have not had their MSRPs increased at the same rate as trucks.
I bought a Ridgeline for daily driver it’s smaller getting over 20 mpg and it comfortable and quiet, don’t need a full size at around 60.000
I don't have the historical data in front of me but based on what I see at dealerships these numbers are probably nothing compared to inventory 5-10 years ago. It used to be many dealers were absolutely flooded with truck inventory. These were the days of massive incentives. The build up of new inventory is something worth paying attention to when considering a new vehicle purchase. Rebates could be on the horizon yet again at least for mid trim level trucks.
Thanks Joe your really helping the Unions
Mid-size market is where the demand is, the updated MSRP for the upcoming base model 2024 Ranger is as much as the 2023 F150. Would love to see inventory levels for the Frontier / Tacoman / Ranger / Colorado compared to full-sizes.
Only because the full size trucks are even more excessively overpriced.
Yeah I'd like to buy a mid size truck at some point in the future, but not if the MSRP is as much as a full size.
@@lookinforwater4344 Yet HD trucks are selling when they aren't marked up.
When dealers are trying to sell F150 XLT’s with cloth seats for 70 thousand dollars; yeah, they will sit there.
Maybe its because the payment on a new truck looks a lot like a mortage payment. Maybe its because all the bells and whistles they add to drive up profit and increase repair costs
Dealer profit margins on trucks and SUVs are insane. Let them rot on dealer lots
2023 Ford Maverick Lariat
7 mi.
$50,065
Whats wrong with this picture?
Im in the market for a 4wd truck but for the reasons you've mentioned, I'm just going to keep driving my 2016 Camry SE 4cyl and my 2008 Ford Ranger Sport extended cab 2wd 4.0L. Both just hit 100,000 miles. I don't need 4wd that bad, especially with their mark up.
That 4.0L is a great motor. Will run another 100k if ya run good oil and don’t overheat it
@@MrFirstonraceday I have a very slow leak on the thermostat housing. Temp stays normal when driving but I can see the slight leak and I'm going to replace the housing, sensors, pretty much everything since I have to take it apart. Another 100,000 is the goal. Thanks for the heads up.
When I can’t get back into a GMC truck for less than mid 40’s something has gone wrong. I think the fact that GM has bought into the EV craze may be having the Bud Lite affect on some of us too. I’m a GM retiree and when I’ve gotta pay that kind of money for my loyalty, sorry! Just isn’t gonna happen at my age.
A family member was looking at new Silverados. Most of the new ones on the lot had the their new 4-cylinder turbo engine. The V-8's were either black or white. The guy was told he would need to order a truck to get the color and engine he wanted.
I'll stick with my 85 GMC Sierra Classic 3+3 Dually...Paid $1500 for it 6 years ago...I've turned down offers of $10,000 two years ago...this year an offer of $15,000....
The problem isn't the fact that the dealerships can't sell a truck the problem is the fact that people can't buy the trucks the reason trucks have become so expensive is because the dollar has become so inexpensive due to inflation
This guy gets it.
Alot of the problem with trucks is that the manufacturers have made them into luxury vehicles. Honestly, how many " base" models do you see on a dealer lot ?? The market has changed and dea LLP ers are trying to make a quick buck price gouging for all of the technology and packages. Who in their right mind is going to pay 70 to 100k for a pick-up ?? With monthly payments that are more than most mortgages
Crazy prices on new trucks. Getting a new starter on my 22 year old siverado1500 for 500 bucks. That's less than 1 month payment on a new truck. As a retired 60 year old, it's all I care to affford.
And still I can’t find a Tundra TRD PRO for MSRP…. Drives me crazy!!
I know I just want an sr5 but I’m not paying 51,000 for it
People just cannot afford them anymore. Food or a new truck. Electric bill or a new truck, rent or mortgage payment or a new truck, paying insurance on a new truck is outrageous. People are are going to squeeze everything they can out of thier existing truck.
The demand of weekend warriors buying massive trucks to run to home depot on the weekends i believe has given the truck manufacturers a false sense of security to keep their prices up
Interest rates too low for too long, overpriced luxury fluff on trucks, RV's, housing, boats, etc. became the norm. As long as customers could afford the monthly and convince themselves "I deserve it," the high-profit add-ons just got absorbed into a monstrosity of a loan. That model is falling apart right now.
This was bound to happen. Just common sense. 2008 All over again. Not just trucks.. everything. We have 3 vehicles all paid off. Oldest 2012. Please people hold onto your vehicles and take care of them. This is the only way things will change. Sure i would love to buy a new car... But i dnt NEED a new car. We control the outcone of this. IF YOU BUILD IT THEY WILL COME!!! NOOOO not now. BEST TO ALL BE SMART
I was going to buy a ford maverick when the msrp was $22,000, went to the dealer they wanted $32,000 to $42,000, dealer can sit on it..
mark up was added and written on the window stickers in magic marker, they can go bankrupt for all I care
Love my 90s chevys. They run on all 8 all the time, stay running when at a stop light. I can get 18mpg on the highway in a quiet cabin with the air on. Parts are plentiful and most repairs can be done with basic tools. If you live in the rust belt find one from the south or west and fill the rockers unbody and frame with fluid film and you will have a truck that can do truck stuff and probably outlast a new one.
I'm lucky I got my F150 in 2017. If I had waited, I wouldn't pay the price the dealers are asking today. Trucks used to be affordable, today, not EVEN. I got 4WD in an XLT package, one of the lowest trim models, and honestly I could do without a lot of the features it has. Some I have never used. My first truck was a shiny new 1978 F100 3 speed column shift with ZERO options, I even had to pay extra for the rear bumper. While I would not care to go that Spartan again, I did drive it for over 19 years until I replaced it with a 1997 F150 XLT, which was about right for options for a miser like me who was starting to get older. I kept that until my current truck. No telling how long this new one will last. Sigh...
The bottom line is that the MSRP needs to drop.
Forget those inefficient trucks for personal use lmaooo.
Grab an RX and call it a day.
It’s bad time to buy anything for financing rates are to high plus MRSP as well with those high prices 80k 100k or even 50k all plastic interior plus a lot engines and transmission problems it’s insane now has prices are going up here in Hollywood Florida dealerships are pack with the inventory good content man keep up
I've been looking and no dealer wants to discount their trucks. One dealer told me they need to make money on them. Even for last years model, they are still changing over MSRP. I'll wait.
The only crisis is PRICE GOUGING
So true prices are crazy for new and used trucks
As a car guy I am surprised you did not caution your relative against buying a Nissan Pathfinder. The write up's and consumer report give the Pathfinder very low ratings. Actually, some car reviewers said that Pathfinder is a rolling piece of junk. I can only hope she got a great deal. The new Explorer rating are not much better. You should have advised her to get a Toyota Highlander, or Honda Pilot.
My relative didn't talk to me first. If she would have asked me, I would have advised against it.
@DevilDog53 If that is what you have heard and seen then I would encourage you to buy one. And here I thought dogs were smart.
I'll never understand this truck craze. Most people never tow or haul anything with them.
Foolish status symbol
Even a base model truck is $30K that is still too much.
Looked at a Toyota Tundra last month - nearly $60k…WTF. Settled for a RAV4 hybrid and had to wait two months for that. Also looked at Subaru Outback at a small dealer and they had plenty of those on the lot. Crazy time to buy a new vehicle.
Please remember there are several different size trucks. The lots are only full of overpriced half ton trucks. New Heavy Duty trucks are scarce and sell as fast as they hit the lot. Used HD trucks are overpriced and interest rates are far too high making them harder to sell lately.
I don't necessarily think gas economy is a strong a factor for trucks in determining salability. Toyota Tundra has relatively poor mpg, but is always in demand because they're reliable. Toyota would be my first choice over Ram, GM, or Ford.
Toyota just released the new Tacoma. I bet they won’t have any issues selling it at $50k. This guys are pretty loyal.
My truck is 23 years old... it isn't running right but I am working on it. My car has no issues in the mean time. With no motivation to buy a new truck at house prices
Its called a chewish price fix.
The problem with trucks is very simple. The manufacturers don't produce "trucks" anymore, they produce fancy cars with big open trunks. My current truck is a 2005 RAM 1500 because it's about the last year Dodge actually built a truck. It's simple, Vinyl seats, crank windows, no fancy electronics. A 6 speed manual transmission and a simple small block V8. No BS just a truck. They want to sell trucks configure and price like this; 1/2 ton, like mine with an extended, not crew cab, and a choice or 3 axles, a small block gas V8 or a 4 liter 6 cylinder, normally aspirated diesel like a tractor engine . Price at $25K for the gas and $28K for the diesel. 3/4 ton, as above with 4 axles, 6 or 7 speed manual transmission, a 6 liter gas or a 5 liter turbo charged diesel. Price at $32K for gas and $35K for diesel. 1 ton. as above with 7 liter gas or 6+ liter turbo charged diesel 5 axles, 6 or 7 speed OR 2X6 split shift transmission and air brakes and suspension. Price at $40K for gas and $45K for diesel. Those trucks will sell. Forget all this fancy crap, no value.
To think I paid $18,600 for a loaded 1996 Silverado standard cab 2WD , classic vortec 350 with the not as complex 4L60e 4 speed auto, actual chrome plated steel bumpers, aluminum wheels, tilt, cruise, AC, PW PL, remote mirrors,premium sound. It actually stickered for $20900 but since it was Oct 1996, they knocked off $3300. What I paid works out to about $35,000 factoring in inflation. Still have the old two tone chromemobile with 105,000 miles , no rust. Just keep it out of these Michigan winters. I wouldn't want a 2023 if they gave me $25,000 for a trade in. It would still be too much , they're too friggin big, too many gadgets and standard cab 2WDs seem like they're extinct. Nearly everything in southeast lower Mich is a quad cab 4WD with 20" wheels and too much plastic.
Lots of great info!! Thanks for sharing this!!
I started looking at the mid-sized truck market in Minneapolis and have the hardest time finding anything in stock to test drive. Most Chevy dealers show models available that are “In-Transit” or they are under contract. Some dealers won’t even list the Colorado on their website because they just don’t have them.
In my zip code area no Ford dealer has more than 2 F150 Platinums on their lot. These numbers don't account for regional preferences. And if I'm paying $75-80k for a truck, I'm not taking whatever option package they have to sell. That's why people continue to order these trucks and pay near sticker.
I agree , prices are way to high
This wouldn't be happening if people only bought trucks if they really needed to move things around and go off road and get dirty. I hate seeing clean trucks that never do anything
U.S. vehicle fleet by average age must be the oldest ever . Probably the highest average mileage as well.
My neighbor payed just over $70k for his Ram truck to drive back and forth to work. Never hauls anything. Never tows anything. Doesn't go off-road. Just back and forth to work.
Like I said on another video, I just purchased a 2007 LBZ Chevy Duramax Diesel with 123,000 miles for $25,000 fully loaded with crew cab and it will last for ever.....why buy a new truck for $65,000 - $95,000 and have all that smog DEF requirements on it that hurt performance and cost lost to fix all the time....
Last forever? lol.
I’ll stick with my 2002 Ford SVT Lightning ⚡️⚡️ I paid 37k (out the door) for it new in May 2002.
Inflation adjusted that is $62,500 now.
There is a new Ram Laramie 4x4 in my area with MSRP $71,000 and sale price of $52,000. Sounds like an incredible deal until you figure in 7% interest that comes up to $28,000. I think the only people who are buying trucks are ones who have a $40,000 trade-in.
Rate means nothing once you get approved. They will drop the rate once you are approved and threaten to walk away. My rate was 2.9% for a 2023 Ram Laramie in the end. The banks own the trucks, not the dealership. They want these trucks off the books pronto.
@@frozendivots1564 Thanks for sharing. I will keep that in mind.
Do you remember when you could buy a basic truck with standard, cloth or even vinyl seats, crank windows, vinyl floormats, and AM/FM radio? It wasn't that long ago.
Nissan Frontier lmfao
I bought a 2001 Silverado 2500HD a 4 years ago for $4,700. 181,000 miles. Leather interior. All power everything.
Yet to have to do any repairs on it. Heck with those new trucks that cost as much as a house.
Best video this year bro.
My car with 75,000 is almost what I payed brand new....LOL
About 5 years ago, I was looking at buying an F-150 XLT. They were around $30,000. Today, I could not afford one.
Since I fully own my old Suburban, which I use constantly for recreation, I decided to get a Mustang GT as a daily driver to work (better gas mileage at 26mpg highway).
As of today, my used Mustang is worth more than when I bought it.
I think a lot of truck market people who like myself don't use them specifically for work are going back to mid size truck. Also where are all these brand-new trucks sitting? The new car dealerships have virtually no inventory. They just order what you want and make you wait 4 months
Dealers got greedy, and thought they could charge whatever they want because, well, "pickup truck"...wrongamundo, guys. The prices for PUs are insanely overblown, and nothing is going to change until the sales prices come back to reality. There are RAM 1500s out there that are sitting on the lots with sticker prices OVER $100,000....are they nuts?
You don't need a fully loaded 4 wheel drive truck just too go to the grocery store or The LumberYard, But the manufacturers and dealers plants that everybody needs to have a four-wheel drive pickup.
I'm seeing a lot of new trucks dealers adding lifts and other mods and jacking up the prices a lot more
Sounds to me like the title of this video should be: The full size truck market is in Crisis!
I was a manager for GM and I can tell you that trucks are where the manufacturers make their money. With cars there just isn't much between the cost and sale price. Thank your Unions for that. It is just crazy what employees in these plants make. We tried going to a more gradual increase, to start employees out at around $20 a hour and a gradual pay raise through career, to be at max pay within 15 years, but at 3 year negotiations that left the table. So that is the high cost. Labor.
Please explain more in detail that these auto workers in the plant don't deserve their money. Have you worked in an auto plant? Do you deal with repetition that your muscles and joints hurt everyday of your life because of the work they do? I bet not. There's a reason they get payed pretty well. Most people would love the money and benefits they make but most don't want to do the work because of long term health problems. Most people don't get that. I've worked in the plant. It's exhausting work. 18 years of doing that work. Guess what? Tendinitis. Hands and fingers are crippling up. I love to play golf but can barely hold the golf club. Oh but wait the money is good! Good trade off. Yep keep complaining how well we get paid while you work in an office.
Even used trucks are expensive. I drive an 02 Chevy Z71 with 318,000 miles and i was offered 7,000 for it
Where does this guy get his numbers? The given might be wholesale numbers but after dealer markups for a basic truck you’re closer to 60K
I’ll ask him.
The 150/1500s are consumer level vehicles that can be replaced by something more efficient for many people. The HD trucks (especially the more capable ones) are still in demand. You can't pull a 20,000 lb trailer with a SUV.