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

Bigfoot62 · May 26, 2014

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.

ultrarunner · May 26, 2014

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...

Whatswrong · May 26, 2014

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.

3930dave · May 26, 2014

Whatswrong said:
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.

3930dave · May 26, 2014

ultrarunner said:
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.

tmc_31 · May 26, 2014

Bigfoot62 said:
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

redprospector · May 28, 2014

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:

Scooby074 · May 29, 2014

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.

brain55 · May 29, 2014

3930dave said:
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

chad22 · May 29, 2014

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