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Truck Prices

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#1 toomanytoys84 OFFLINE  



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Posted October 24, 2014 - 04:43 PM

Is it just me or are truck prices out of hand?


I stopped last night and I've had this bug of buying a brand new diesel 3/4 ton truck.  I really want one, wanted one for a long time, and basically decided maybe now is time.  I've spent the last year away from my family, and have made quite a few sacrifices. 


I stopped at one of the big chevy power dealers.  Told myself I'd pick out a truck not looking at price tags.  I had an idea that the truck would be 36 to 40k before trading in anything.


Found a 2015 Diesel 6.6 Silverado, Z71 off road pack, towing package, Double cable, and a good many bells and whistles.  Took it for a test drive, fell in love.  Was averaging 22mpg on the 15 mile highway trip I drove it on.  Smooth as a luxury sedan.


Got back to the dealer, told the guy to write me up a deal trading in my Camry and 5k down.  Ended up the truck was 62,000 dollars!!!! 48,000 dollars after my trade in down payment, plus taxes and fees.  I about fell out of the chair backwards.


I honest to goodness thought that it was going to be 40, minus 13, minus 5, and finance around 22-25k.  No no....


I walked out shaking my head amazed that it was so expensive.  How do people drop 50k+ on a truck? 

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#2 ol' stonebreaker OFFLINE  

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Posted October 24, 2014 - 04:59 PM

They've gotten beyond ridiculous. I'm hoping my '01 Chev 1/2 ton 4x4 will outlast me as it only has 110k on it.
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#3 Jazz OFFLINE  

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Posted October 24, 2014 - 05:03 PM


They don't drop $50K,,they finance it..  A automobile is a luxury,,same as a Rolex watch or a dog or a GARDEN TRACTOR and they are taxed as such. In my little world if you can't pay cash you can't afford it,,,on the other hand financing luxuries keeps our economies thriving and are great incentives for folks to work long tedious hours. JMHO


Edited by Jazz, October 24, 2014 - 05:04 PM.

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#4 BillTheTractorMan OFFLINE  



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Posted October 24, 2014 - 05:25 PM

It's horrible, even used trucks are getting bad. I wanted to trade in my 2002 gas 2500(170k miles) for a 2007 diesel 2500 (170k miles) a year ago. My gas was only worth $4k trade. I would still pay $19k for the 2007. Told them I'm keeping my truck for that price!

Neighbor just got a new Chevy 2500 diesel... Over $800 a month payments. But he has a business and can afford that.

They let me drive a 2014 when it first came out. The basic no fancy navigation system truck was $58,000 with trade! (before tax, etc...)

#5 Sawdust OFFLINE  

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Posted October 24, 2014 - 05:30 PM

I guess if a person can do that & live a comfortable life it's their world knock yourself out. My work as a contractor puts me in many homes. I see so many people both husband & wife never home, never together as a family because of many luxuries. I like things simple, I enjoy family, I like to sleep good at night, if I want a day off I can do it & I like rust...that's just me. If I could afford to spend 60 grand on a luxury truck I wouldn't.

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#6 olcowhand OFFLINE  


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Posted October 24, 2014 - 05:32 PM

Is it just me or are truck prices out of hand?


 I walked out shaking my head amazed that it was so expensive.  How do people drop 50k+ on a truck? 


Yes, auto's are completely priced out of my reach for sure.  I don't see how people afford them, or new tractors, combines...the list goes on.  Am I just not making a good living, or is the desire NOT to be burdened with debt my issue?  I will NEVER lay out that kind of money on a truck even if I had cash to pay for it.

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#7 Littledeere OFFLINE  



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Posted October 24, 2014 - 05:34 PM

I just looked this week too Chevy dealer also Had a white one just like you discribed 63,000 The bad part is I gave 17.500 for my 04 Duramax 5 years ago and it's still almost wearth that {or so they say}   

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#8 jabelman OFFLINE  

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Posted October 24, 2014 - 05:35 PM

I just went through the whole painful process of buying a new truck. But i did sell my old one private. 6 days in front of my house it sold for full kbb value which was a 02 ranger with 200k. Was getting calls 2 weeks later


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Posted October 24, 2014 - 05:59 PM

Still own my 02 Silverado 5.3 v8 225,000 mi runs like a top
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#10 Jehtro OFFLINE  



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Posted October 24, 2014 - 06:02 PM

I dounno every time I think and a new truck, I keep telling my self I could put a new Tranny , motor and t case in for 1 years payments.
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#11 Cat385B ONLINE  



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Posted October 24, 2014 - 06:04 PM

My 04 2500 CC hasn't dropped in value for 4 years. I bought it new, and it will be the last one I ever buy new. At the time, it cost about 40% of the previous year's income. I have luckily earned wage increases yearly, but the same truck would now be 60% of last year's income. It seems I'm slipping a bit.

#12 WNYTractorTinkerer ONLINE  


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Posted October 24, 2014 - 06:21 PM

I have vowed to NEVER buy a new truck.  If you are made of $$$ go for it!  I'm not so I shop around because I'm cheap!  I looked for over a year for a 3/4 ton truck under 20K.  What I wanted to get wasn't the popular type of truck.  Single cab 4WD with 8' bed.  


The patience paid off as I (Actually my wife found it!) found a 2005 GMC for 13K with 18K miles on it.  It had all the bells & whistles I wanted along with the snowplow package as I intended to put a plow on it.  I couldn't get down there fast enough!  A man & his truck..  There's something to that!  The folks that go out and keep buying them are the reason they charge so much..  Not me! :(

Edited by WNYTractorTinkerer, October 24, 2014 - 06:22 PM.

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#13 New.Canadian.DB.Owner OFFLINE  

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Posted October 24, 2014 - 06:41 PM

... How do people drop 50k+ on a truck? 


Don't know the answer to that, mostly because the first two houses I bought cost me less than $40k each.  My dad almost disowned me when I spent $70k on a house.  Wife & I argued for weeks over whether to spend $100k on a 5 acre farm.  Can't imagine how long we would argue over $60k for something that comes with a 5 year burnout promise, or as they call it "a 5 year warranty". 

Edited by New.Canadian.DB.Owner, October 24, 2014 - 06:41 PM.

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#14 Cvans OFFLINE  



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Posted October 24, 2014 - 06:56 PM

  The price of trucks has to be going up as this is the first time I've ever been offered more by a dealer than I paid for a truck. Different dealers than I bought it from.  It's a 2010 Ford Sport-Trac with 23K miles. Was just stopped in a parking lot again and asked where & how I found it. Quit driving it on lots when looking for a different car for the wife. 

  The way you guys are talking about cost, I'll be driving for at least another 4 years. 

#15 ckjakline OFFLINE  



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Posted October 24, 2014 - 07:05 PM

My brother has an 06 GMC 2500 w/Duramax/Allison combo and 25000 on the clock.A guy he works w/ asked if he wanted to sell.He thought about it and the guy test drove it.,He liked it and asked my brother what he wanted.He told him and the guy agreed.That night my brother built the truck he wanted on the GM website and he almost fell off his chair.He still would've had to shell out $20000.The truck he wanted was $62000.He decided to keep the 06.When I was looking for my truck I found that the chevy 1500 trucks where 1/2 the price of the 2500 trucks.I was looking for a 2500 but settled for 1500 h.d.Basically the same truck.

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