$89,000 for a new diesel pickup, how is it going to pay for it's self ?

   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #1  

buickanddeere

Super Member
Joined
Apr 15, 2004
Messages
6,829
Location
East Coast of Lake Huron
Tractor
Deere, several
Just seen a new 2015 crew cab SLT Duramax 4x4 on the lot for $77,000 plus sales tax.
What does a person do with a truck like that to make it pay it's way?
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #2  
I'm thinking a business owner with lots to write off is the target market.

Remember when 90k Range Roovers were flying off the lots because GVW classified them as a heavy truck and buyers could get something like a 40% investment tax credit...

I know several that bought the Rovers because of this...
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #3  
I was just talking with a guy at my buddy's shop, about that pricing here. He drives an older 1ton Dmax, as a contractor.

My point "OK, I get that it's your office, but.... that's crazy !".

His point "I like the toys, and want to be comfortable".

:rolleyes:

If I was forking out that kind of money, I'd start looking at something like an International LowBoy myself.

Some people have trouble getting rid of their money, apparently.....

Rgds, D.
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #4  
It probably won't pay for itself better than a $60,000.00 one but it will sure look classy with a custom painted fifth wheel trailer full of registered bulls at a sale or a nice camper at the lake .Will be real cool with a lift kit at the bar after work or in Wal-Mart parking .IMO it is mostly about "Show and Tell ."
 
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   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #5  
Truth is, it won't.

My cousins have a large contracting business. Over 100 employees, and dozens of company pickups. They've stopped buying diesels. It just won't work financially. 4 or 5 years ago, they just started buying gas burners. Then, last year, they started buying CNG equipped pickups and put in a pump. If it works out as well as they think, they'll eventually replace the older diesels with CNG.

I have a F-250 and F-350 that are both diesels. They're paid for, in good condition, and will hopefully last me a long time. I really don't know what I'll do if I'm still running after they aren't. :D
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #6  
Just my :2cents: I agree with Ultrarunner....Tax Credits bring a lot of customers and corporations purchase the trucks for top employees ...like in the oil patch , as incentives but as far as the even an upper class person buying one...they would be nuts....but for folks who have more money to spend than they know what to do with or lottery winners...have fun....but I'd sure buy a Vette instead.
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #7  
....but I'd sure buy a Vette instead.

Bob, a good friend of mine has a '95 for sale. PM me for his phone #. :D
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #8  
I have a F-250 and F-350 that are both diesels. They're paid for, in good condition, and will hopefully last me a long time. I really don't know what I'll do if I'm still running after they aren't. :D

Sumtin' 'bout old diesels......

When I got my used 7.3, my neighbour (who knows me really well) asked, "You are putting that in your Will, right ?". :D

Rgds, D.
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #9  
Sumtin' 'bout old diesels......

When I got my used 7.3, my neighbour (who knows me really well) asked, "You are putting that in your Will, right ?". :D

Rgds, D.
My 19 year old son wants the dually. I told him, "you can have it when I'm dead, not before." ;)
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #11  
Both of mine are 7.3's.
Bought the '03 dually new. IIRC, the MSRP was about $36, and I paid just over $30, maybe $31. That was a bunch of money 10 years ago, but nothing like the prices today. I'm not MAKING twice as much money now as I was then. It helped that I depreciated it in my business.
Bought the '97 3/4 ton used about 5 years ago, with 108k miles on it. Still a great truck. Wrote it off on my farm.
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #12  
Maybe the trend is away from Diesels?

In my small circle of Diesel Truck owners that make their living with trailers in tow... all have gone back to gas.

They all buy new and keep for about 3 to 4 years.

One said his most reliable by far was his 7.3 Excursion...
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #13  
When I was working as a shipper I saw guys try use them for work ,they won't replace a highway tractor they turn into a bucket of bolts by the time they are paid for .They are built strong enough for limited work ,haul a backhoe or whatever a few miles or a saddle horse to the lease .Six hundred mile per day round trips blow them up, the logo didn't matter Chev, Ford ,Dodge.
The trucks where I work/worked always have 200,000km by the time they came to our dept. they are lovely trucks ,tons of power, nice interior ,great to drive but the towing miles were limited over the life of the truck and still had issues when towing .They flip between Ford and Chev only ever had one Dodge and it was sold ,the rest just move into different departments.
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #14  
When I was working as a shipper I saw guys try use them for work ,they won't replace a highway tractor they turn into a bucket of bolts by the time they are paid for .They are built strong enough for limited work ,haul a backhoe or whatever a few miles or a saddle horse to the lease .Six hundred mile per day round trips blow them up, the logo didn't matter Chev, Ford ,Dodge.
The trucks where I work/worked always have 200,000km by the time they came to our dept. they are lovely trucks ,tons of power, nice interior ,great to drive but the towing miles were limited over the life of the truck and still had issues when towing .They flip between Ford and Chev only ever had one Dodge and it was sold ,the rest just move into different departments.

Agreed.... for that kind of money, you might as well move into a medium duty truck, for Work. That was the point I made to the guy I was talking with (real world) - "I'm more about functionality - bells and whistles just break fast, on a truck that is actually worked".

I've lost track of that thread, but I think that's what Brain55 just did, moved on up to a Med Duty - I think it was an International.

http://www.tractorbynet.com/forums/trailers-transportation/312460-getting-close-pulling-trigger-new-2.html

Yep.

Many guys just want a shiny truck, loaded up, to drive as a personal vehicle - if you've got the money, or don't mind the debt, this new one ton fits the bill.... just not for me.

Rgds, D.
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #15  
Maybe the trend is away from Diesels?

In my small circle of Diesel Truck owners that make their living with trailers in tow... all have gone back to gas.

They all buy new and keep for about 3 to 4 years.

One said his most reliable by far was his 7.3 Excursion...

IMO, the EPA's goal was to push small truck owners out of light diesels.

In the USA, I'd say they've succeeded. To a slightly lesser extent, the same market impact has happened in Canada.

Rgds, D.
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #16  
My 19 year old son wants the dually. I told him, "you can have it when I'm dead, not before." ;)


Wow Bigfoot, your asking for trouble there:)

Tim
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #17  
I remember when a pickup was a light duty work vehicle. Now a pickup is a prestige symbol. :confused2:
In 1978 I ordered a new Chevy pickup. It was a C20 with a manual transmission, rubber floor mats, hand crank windows, and manual door locks. The price when I ordered it was $6,800.00. The dealership never delivered it, said I could order a 1979 model, but the price would be $7,200.00. I told them no thanks, I'd take what they sold me the first time, but they weren't going to squeeze another $400 out of me.
I priced a new Dodge 3500 4x4 in 2004. They were going to charge me extra to have rubber floor mats, hand crank windows, and manual door locks. They said it would have to be special ordered, no one doesn't want carpet, and power everything. :confused2:
I've never owned a new vehicle in my life, and at these prices, never will. I buy used, and let the original purchaser take the hit on depreciation. I drove my 1998 Dodge 3500 for 8 years, and 150,000 miles. I traded it off last year with 250,000 miles, on an 05 Dodge 3500. We'll see if it will go 8 years pulling what I pull.

In answer to the original question. There is no way an $80,000 + pickup can ever pay for itself. But someone needs to buy them, so guy's like me can enjoy them in a few years for $15,000 and maybe make them pay for themselves. :laughing:
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #18  
Maybe in Arizona. Florida or something.

Not here. In 10 years that $89000 truck is just as rotted as a $35000 truck and worth about the same. Too much salt here. Never pay for itself.
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #19  
Agreed.... for that kind of money, you might as well move into a medium duty truck, for Work. That was the point I made to the guy I was talking with (real world) - "I'm more about functionality - bells and whistles just break fast, on a truck that is actually worked".

I've lost track of that thread, but I think that's what Brain55 just did, moved on up to a Med Duty - I think it was an International.

http://www.tractorbynet.com/forums/trailers-transportation/312460-getting-close-pulling-trigger-new-2.html

Yep.

Many guys just want a shiny truck, loaded up, to drive as a personal vehicle - if you've got the money, or don't mind the debt, this new one ton fits the bill.... just not for me.

Rgds, D.

The quote for the truck I'm looking at is $101,000 out the door. With 7 year financing even at 4.99% it's close to my mortgage payment. With what I'm using it for it makes more sense to me than putting money into my F450 or buying another F450 that I'll use up in a few years. Towing 17,000 lbs day in and day out over 30,000 miles a year takes it toll on a light duty truck.

Brian
 
   / $89,000 for a new diesel pickup, how is it going to pay for it's self ? #20  
The price of a new vehicle is outrageous. I'll never purchase a new one even they are nice. I'll save my money and buy a used one and drive it into the ground, and then go and buy another used one.

Chad
 

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