I just got an email from a local Ford dealer that said big saving lowest prices on 2017 models blah blah blah.. so I looked and they had a 2017 ford f150 regular cab xl for $37000. Are you kidding me what the heck is up with truck prices?????!!!!
Average truck price today is $55K. There according to an article I read today.
My dad said the same thing when trucks hit $20K.
It is what it is.
I’ve already grown accustomed to it. I read 37k for a new f150 and thought that was a low price. Sad… I don’t mind driving my 2006 Durango….
Have you looked around lately? Just about every other vehicle driving around these days is a truck. Has there ever been a time when pickups were more popular? They even far outnumber the big SUV’s now. Manufacturers now can sell for what the market will buy at this time and that means trucks will be on the high end even if on the low end for a truck. (If that makes any sense?) FWIW, the F150 I leased for a 2013 listed for about $36,000. Last year when the lease expired, I bought it for $24,000 with less than 30,000 miles. Not such a bad deal after all.
Been looking at 2014 GMC + Chevy model pick ups for awhile now and theyll be running $28-35k, depending on the make and model. They’ll retain their value until I am looking to re-sell im sure..
Really like the 14′ and up Sierra. Sharp looking truck. Rides great.
FWIW, the F150 I leased for a 2013 listed for about $36,000. Last year when the lease expired, I bought it for $24,000 with less than 30,000 miles. Not such a bad deal after all.
But how much was your monthly lease payment during those three years?
It’s why I will never buy another new vehicle in my lifetime. Don’t need or want the status or the payment that goes with it. I’ll run my 2005 Silverado into the dirt, then find a relatively new vehicle and push rewind then play.
The way I see it, you can’t just buy a truck anymore. It’s a space shuttle clone crammed full of expensive little gizmos and unnecessary technology. Power sliding rear windows, TV sets in the dash, anti skid/ABS/etc., all that stuff. I can drive the thing, I can brake the thing, I can lean over and open a window. I don’t need a 12 inch LED display to turn the heater fan on. All that stuff costs money.
SR
The way I see it, you can’t just buy a truck anymore. It’s a space shuttle clone crammed full of expensive little gizmos and unnecessary technology. Power sliding rear windows, TV sets in the dash, anti skid/ABS/etc., all that stuff. I can drive the thing, I can brake the thing, I can lean over and open a window. I don’t need a 12 inch LED display to turn the heater fan on. All that stuff costs money.
SR
Last year I was considering a new “basic” truck. All I wanted was a 2500 duramax, with the least amount of crap in it. Its a work truck, not a yuppie mobile.
Dealer about pooped himself and laughed me off the lot. No such thing. If i wanted a work truck, I also had the buy the extra BS because that is what “everyone” wants.
Worse part is what the new prices do to used trucks. I have a ’03 duramax SLT with about 300,000 miles. Just had a guy offer me 10K for it. I thought about it for as long as it took me to look up a few trucks for replacing it. Needless to say, I kept my truck. Would have been about 12-15K to replace it with something similar.
I think one reason trucks are so popular is there are so few true 4×4 SUV’s any longer. It’s low ground clearance AWD crap everywhere.Especially when it comes to mid-size. Many people in this part of the country want a robust four-wheel-drive vehicle and not a pseudo one. We are facing that dilemma now. I’m not saying the AWD vehicles are bad. I think most people know what I mean.
^^^^
Agree %100
Wife drives a crewcab ram. Main reason the tahoes and suburbans are even way higher. $50,000 plus on new.
been trying to get her in a minivan for years. refuses.
I ran into this last year when I was searching for a “newish” used truck. I was stunned with how crazy the prices were. I finally decided on a a 2011 F150 XL – the ‘work’ truck version. I wanted 4WD. And my theory was as long as I get the engine (5L V8) and power train etc., I’ll settle for less doo dads. So….yup. Roll up windows! Didn’t even think they still made trucks with roll up windows, but they do. Got it under $20K as a result. Though, yes, it sucks not having electric windows at times.
you think prices are high now?
just wait until the impact of the Hurricanes hits the car and truck markets…maybe a million cars destroyed that need to be replaced means lots and lots of used cars will be flowing south from the auction lots, and they won’t be able to make new cars fast enough. high demand, low supply = price jump.
i just traded my truck in at least in part because the trade offer they gave me was actually higher than the high end listings online suggested i’d get. and i could still take advantage of 2017 pricing and end of year incentives…i think 2018 is going to look pretty different, and whatever you’ve got in hand right now is going to be more valuable (or at least depreciate much less).
I too have considered a new truck but since my ’96 Toyota T100 still runs good I’ve realized there’s no point. This truck can do the same things a new truck can.
Steel prices are down near 10 year lows. In 2012, steel was about $650 a ton and in 2016, they’d fallen to $510 a ton. Labor costs keep on falling as do the prices for electronics. (Just look at how fast and far depth finder prices have fallen in the last 5 years and what you can get now.) Why are pickup prices rising like this? Same reason bass boat prices are rising like this.
They know we’ll pay it. Banks are making credit available, stretching out payments farther and farther into the future to keep monthly payments down. That also gives them more time to take more profit out of the loan now that rates are so low. More fees, more interest charged.
Been looking at 2014 GMC + Chevy model pick ups for awhile now and theyll be running $28-35k, depending on the make and model. They’ll retain their value until I am looking to re-sell im sure..
They hold the resale very well for sure. I traded my 2015 Silverado in for a 2017 in early June. I had 33,000 miles on my truck when I traded it. I paid $6800 to get into a brand new truck with 3 miles on it and the new one had a higher list price. There were some great incentives at that time for Memorial weekend and Bonus tags.
They sold my old truck in less than 3 days for $29,500 which is what they gave me on trade.
<div class=”d4p-bbt-quote-title”>Walleyestudent Andy Cox wrote:</div>
FWIW, the F150 I leased for a 2013 listed for about $36,000. Last year when the lease expired, I bought it for $24,000 with less than 30,000 miles. Not such a bad deal after all.But how much was your monthly lease payment during those three years?
Less than if I financed it to purchase from the start.
The way I see it, you can’t just buy a truck anymore. It’s a space shuttle clone crammed full of expensive little gizmos and unnecessary technology. Power sliding rear windows, TV sets in the dash, anti skid/ABS/etc., all that stuff. I can drive the thing, I can brake the thing, I can lean over and open a window. I don’t need a 12 inch LED display to turn the heater fan on. All that stuff costs money.
SR
Mine came with none of those frills. The F150 STX was more of the “blue collar guy” version. As far as the “unnecessary technology”, I would say the “anti skid/ABS/etc.” is standard on just about every vehicle sold now for a number of years and thankfully. When it comes to safety…you don’t want to compromise to save a few $$’s.
My dad said the same thing when trucks hit $20K.
It is what it is.
My dad said the same thing the first time he had to pay over $10k for a truck. As you say, it is…
The only way I can see to at least somewhat beat the system is to take good care of it and drive it for a LOOOOOONG, long time. I drove my my last SUV 12 years, so even though it killed me to pay almost $30k for it back then, at least I got my cost of acquisition down to roughly $2500 per year owned.
Nothing else you can do. The used market is crazy now too.
Grouse
Nothing else you can do
Idk about that. I’ve owned 6 trucks in the last 8 years, 2 of which I still own now. Total cost for all of them was around 10k. I’ve sold 4 for a total of 5k. If I were to sell the other 2 I still own I’d be driving for free for the last 8 years. I’m not hauling a stable of horses around but I’ve been able to do all the winter activities and hauling I want and I’ve never been stranded on the side of the road. My vehicles ain’t pretty but they work. Part of the issue might be peoples expectations in a vehicle. I get truck envy all the time but there are other ways to get what you need and in some cases it just amounts to swallowing a little pride. Theres new, used, and used used. You shop around in the used used market and you can still find what you need at a good price
Another thing to consider for those wanting to buy used in the near future. All those transports going South with vehicles for Texas & Florida aren’t coming back empty. All those flooded vehicles are going somewhere.
I agree that the price is insane. I still have a 96 Chevy K1500 that I bought in 2000 for under $8000. The body isn’t in the best shape anymore but it runs as good as it did when I bought it. I bought a 2006 Jeep Liberty earlier this year for a primary vehicle as my Pontiac Sunfire finally died, I got the Liberty for $5000 so it was a decent deal, enough power to tow my boats and hovercraft, manual 4×4 HI and Lo
If it lasts me 5 years without major repairs, it is only $1000/year against purchase price and I can’t imagine getting that on a new truck. I would rather spend that money elsewhere, possibly a new house
All I gotta say is “Ain’t nothing like driving off the lot with a spankin new Pick”-up! 
personal opinion take it for what it’s worth. I work in the car game:
1- don’t ever buy 2wd truck new
2- accessories will get you nothing or negative on trade only get them if you like them that much
3-its just money you can make more of it get what makes you happy wether it’s a rust bucket or lifted truck that will never see a gravel road
If you buy an aluminum ford just make sure nobody leans on it.
If you buy an aluminum ford just make sure nobody leans on it.
My Lund boat is aluminum…should I not let anyone lean on it? 
My boats aluminum also. Just in good fun no offense unless anyone is happier being offended which I know you’re not.
My family’s divided ford and Chevy I went ram side the leaning on a ford really cracks me up.
<div class=”d4p-bbt-quote-title”>TheFamousGrouse wrote:</div>
Nothing else you can doIdk about that. I’ve owned 6 trucks in the last 8 years, 2 of which I still own now. Total cost for all of them was around 10k. I’ve sold 4 for a total of 5k. If I were to sell the other 2 I still own I’d be driving for free for the last 8 years. I’m not hauling a stable of horses around but I’ve been able to do all the winter activities and hauling I want and I’ve never been stranded on the side of the road. My vehicles ain’t pretty but they work. Part of the issue might be peoples expectations in a vehicle. I get truck envy all the time but there are other ways to get what you need and in some cases it just amounts to swallowing a little pride. Theres new, used, and used used. You shop around in the used used market and you can still find what you need at a good price
I think you’re the exception and not the rule. I’d count your blessings twice over for not having to invest any money into your older trucks. Most people I know including myself has plenty of repairs to go along with their used used vehicles.
Oh boy I knew this would turn into a Ford vs Chevy thread lol. Ford guy says wow this new 10 speed transmission is way better than Chevys. Chevy guy says no way fords 10 speed sucks because it’s a Ford. Turns out it’s the same transmission. https://www.caranddriver.com/flipbook/10-things-to-know-about-the-new-fordgm-10-speed-automatic-transmission
Just sayin….
I missed the Ford vs Chevy thing except what you posted.
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