When Will Trucks Become Too Expensive?
The following users liked this post:
HD4 (04-15-2018)
#43
My suggestion.
If you measure as cost per pound the 150 is price competitive with other aluminum bodied vehicles. Just sayin.
If you measure as cost per pound the 150 is price competitive with other aluminum bodied vehicles. Just sayin.
#45
Senior Member
How do you think he afforded that expensive truck?
Total POS dump house = low property taxes and probably doesn't spend money on unnecessary home repairs thus a dump of a house.
Depends on one's priorities and income:
either a dump of a house and an expensive truck
or
nice house and no expensive truck and little to no debt
or
a nice house, expensive truck and debt up to the ears.
Total POS dump house = low property taxes and probably doesn't spend money on unnecessary home repairs thus a dump of a house.
Depends on one's priorities and income:
either a dump of a house and an expensive truck
or
nice house and no expensive truck and little to no debt
or
a nice house, expensive truck and debt up to the ears.
Those are not the only 3 options. There are those of us that work hard, work smart, buy nice things (not extravagant, but nice), and have no debt aside from a mortgage.
As a couple have mentioned, these trucks will only be too expensive when they stop selling. Thus far, the #1 selling vehicle in America tells a different story.
#46
Senior Member
What I have noticed is they have jacked the price up and sell for 20-25% off of MSRP. I see advertisements regularly for 8-14 thousand off of MSRP. I just purchased a 2018 XLT with a $48,000 MSRP for $36,000 which I consider to be fair value for the truck. It was the same story in when I bought my 2014 XLT.
^^^ This is also very true. These trucks, while the sticker price can be very high, can be purchased for much less than the sticker. If your dealer doesn't want to play, shop around. This is another way Ford is making money and subsidizing the lower trim market. They jack up MSRP on the high end trims, but give the dealers more wiggle room on pricing knowing that there are people that are intimidated by the buying process and will pay close to sticker. This allows them to also sell to the guy that comes in and haggles for a 20% off sticker deal.
#47
Member
#48
Senior Member
How do you think he afforded that expensive truck?
Total POS dump house = low property taxes and probably doesn't spend money on unnecessary home repairs thus a dump of a house.
Depends on one's priorities and income:
either a dump of a house and an expensive truck
or
nice house and no expensive truck and little to no debt
or
a nice house, expensive truck and debt up to the ears.
Total POS dump house = low property taxes and probably doesn't spend money on unnecessary home repairs thus a dump of a house.
Depends on one's priorities and income:
either a dump of a house and an expensive truck
or
nice house and no expensive truck and little to no debt
or
a nice house, expensive truck and debt up to the ears.
Bottom line obviously some people do not care what they live in and would rather drive an expensive pickup truck.... It's there money and I don't give a rats butt how they spend it. I just find it hilarious to see a shiny 60k truck parked next to a house that's falling apart, junk all over the yard, zero pride in how they live but yep.. but they have a shiny expensive pickup in the yard! As John Melloncamp once crooned.... Little Pink Houses... ain't that America.......
#49
Large Member
trucks will become too expensive when people stop figuring out a way to afford them.
#50
It's my first day
I think trucks will become too expensive if and when the student loan bubble bursts. The auto industry is now very much a part of North America s student loan debt crisis. Cheap cars loans which specifically target millennials fresh out of school are not so much sold as vehicles as they financial products which Ford uses to leverage potential buyers with the appeal that owners can have more month to month liquidity in this age of the dying middle class.
I witness Ford dealers all the time marketing and selling Fiestas, Focus and everything else to millennials who see value in taking their large negative equity high interest student loan debt and it porting over on to a low near-zero interest rate car loan. Dealers earn their commissions, Ford Credit pockets huge profit margins which would otherwise go to big banks and before you know it, here we are back in 2007 but this time with vehicles, not houses.
What you guys spend on new trucks is LESS than what students are spending on new cars. Scary and true; if you dont believe me, go to any dealership in any large city and hang around for an hour or two.
I witness Ford dealers all the time marketing and selling Fiestas, Focus and everything else to millennials who see value in taking their large negative equity high interest student loan debt and it porting over on to a low near-zero interest rate car loan. Dealers earn their commissions, Ford Credit pockets huge profit margins which would otherwise go to big banks and before you know it, here we are back in 2007 but this time with vehicles, not houses.
What you guys spend on new trucks is LESS than what students are spending on new cars. Scary and true; if you dont believe me, go to any dealership in any large city and hang around for an hour or two.
Last edited by Airborne_Ape; 04-12-2018 at 10:44 AM.