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

[JDgreen227]

This is exactly what I am saying. A loaded truck was $20,000 back then. A diesel Dually was $25,000. A average car like a Ford Taurus was $16,000. All three are about 2.5 to 3 times that cost today.

Gas was $1.15 per gallon then also. Today it's $3.75, so a little more than 3 times the cost.

I bought my first new boat in 1986. It was $9,995. Today a comparable boat would be $25,000. Again along the same lines.

The real issue is salaries. For most people their salary has not tripled in that time.

Chris

Yes....and that is one of the reasons I created my "Sticker Shock" thread. Back in Y2K I was making under $20 an hour but I could barely afford a $38,000 3/4 ton Yukon XL. The same vehicle sells for over 80 grand today, and had I kept working my wages MIGHT be up to $28 an hour now. How the (bleep) do people afford a ninety grand truck today???

 

[Diamondpilot]

Yes....and that is one of the reasons I created my "Sticker Shock" thread. Back in Y2K I was making under $20 an hour but I could barely afford a $38,000 3/4 ton Yukon XL. The same vehicle sells for over 80 grand today, and had I kept working my wages MIGHT be up to $28 an hour now. How the (bleep) do people afford a ninety grand truck today???

80K for a Yukon 2500? I don't believe that. 60K, yes, but not 80K

Chris

 

[aczlan]

80K for a Yukon 2500? I don't believe that. 60K, yes, but not 80K

I dont see a 2500 option any more. I can get a Yukon XL 1500 to $60k fairly easily, a Denali XL 1500 easily goes to $67k. Add in $5k in taxes and you are getting close to $70k, but not $80k (unless perhaps you live in Canada).

Aaron Z

 

[JDgreen227]

I dont see a 2500 option any more. I can get a Yukon XL 1500 to $60k fairly easily, a Denali XL 1500 easily goes to $67k. Add in $5k in taxes and you are getting close to $70k, but not $80k (unless perhaps you live in Canada).

Aaron Z

This is a direct quote from the June 2014 issue of Motor Trend: 2015 GMC Yukon XL Denali 4WD: Base price, $69,375. Price as tested, $77,965. BTW, I did not realize that GMC stopped production of the 3/4 ton models for 2014....I stand corrected.

 

[aczlan]

This is a direct quote from the June 2014 issue of Motor Trend: 2015 GMC Yukon XL Denali 4WD: Base price, $69,375. Price as tested, $77,965. BTW, I did not realize that GMC stopped production of the 3/4 ton models for 2014....I stand corrected.

They may still make them, they just aren't listed on the "Build your own" site.

Aaron Z

 

[redprospector]

This is exactly what I am saying. A loaded truck was $20,000 back then. A diesel Dually was $25,000. A average car like a Ford Taurus was $16,000. All three are about 2.5 to 3 times that cost today.

Gas was $1.15 per gallon then also. Today it's $3.75, so a little more than 3 times the cost.

I bought my first new boat in 1986. It was $9,995. Today a comparable boat would be $25,000. Again along the same lines.

The real issue is salaries. For most people their salary has not tripled in that time.

Chris

I don't agree. The real issue is inflation.
If we just make everyone's salaries triple what they were back then, the price of goods would just increase that much more.

 

[Whatswrong]

I don't agree. The real issue is inflation.
If we just make everyone's salaries triple what they were back then, the price of goods would just increase that much more.

I agree INFLATION ,what has caused inflation ,the creation of a dollar that isn't worth a wooden nickel, so now it costs 20 times as many wooded nickels as it did in 1967 to buy a nice truck .

But in 1967 I got $23.00 per day working in the patch now I get almost that working a nice clean parts desk job so my income went up by 8 times while the truck went up by 20.

In 1967 a tank ,124 imperial gallons was about $27.00 now it cost $100.00 to fill my Silhouette

 

[RogueFab]

Yeah, trucks are running away in price as the luxury features pile up.

Comparing more common featured trucks, they don't look as bad... Two dealers here in the NW (Lithia and Jim smith) sold dodge 2500 SLT 4x4 quad cab diesels in 2006 for 31k on a decent sale (I used to work at one of them). It has been 8 years and they're 38k now. Tradesman trim... probably similar. That is an 8 year straight line increase of 2.26 percent per year. About what our inflation has probably been.

I think they are charging 90k for the luxury ones because they can. All that wire and cowhide ain't that expensive!

 

[ultrarunner]

The real issue is salaries. For most people their salary has not tripled in that time.

Chris

In 19 years my pay has risen 80% and the benefits have all but disappeared...

 

[Diamondpilot]

In 19 years my pay has risen 80% and the benefits have all but disappeared...

My first real job, using my college education, vs my current job has doubled my income in 18 years. I graduated college in 1996 but it was 1997 before I got a real job. I have been working since 13.

Chris