Separate Men From The Boys

[kenmac]

$64K to me is about 5 trucks. I think anyone spending $64K for a truck is nuts...especially knowing that it dropped 20% of it's value as soon as you drove off the dealer's lot.
Now, I don't buy any vehicles new...just not interested in the initial cost and depreciation.
I'm fine with the horsey crap through...part of rural life, especially if you own horses.

Roy,I'm with you. Last new vehicle I bought was in 95. Looking around at 07 Dodge diesels. They are asking more today, than I paid for My 07 Dodge diesel 3 yrs ago ?

 

[PapaPerk]

Wow $64k! What kinda PS is it? I'm amazed they cost that much.


Get husky liners!

 

[Midniteoyl]

If its the last truck you will prolly buy, buy new and spend well..

 

[Diamondpilot]

$64K to me is about 5 trucks. I think anyone spending $64K for a truck is nuts...especially knowing that it dropped 20% of it's value as soon as you drove off the dealer's lot.
Now, I don't buy any vehicles new...just not interested in the initial cost and depreciation.
I'm fine with the horsey crap through...part of rural life, especially if you own horses.

Someone has to buy new ones or there would be no used.

Chris

 

[deerseeker001]

i wouldn't pay that for two of them.

 

[Midniteoyl]

Roy,I'm with you. Last new vehicle I bought was in 95. Looking around at 07 Dodge diesels. They are asking more today, than I paid for My 07 Dodge diesel 3 yrs ago ?

I was looking at some used family haulers, namely the Journey, and noticed that for the price of a good low mileage one, I could buy brand new... In fact, depending on the deal, payments would be lower than used due to a better interest rate!

 

[cockeyedMFer]

$64K to me is about 5 trucks.

Only 5? I splurged last year and bought one for $5500. It has working air and comfy seats. Now I'm spoiled!

To the OP, I'm glad you've got a truck you like, even if we rib you a bit for it.

 

[Diamondpilot]

Well, I guess my post got deleted.

Average age of a vehicle today is 12.5 years versus 6 years old just 6 years ago. Reason is the economy and necessity. I agree new vehicles are amazing but people are not holding onto them for that reason, its the economy.

This month has been the best for car dealers since Cash For Clunkers. I see junk with 200,000 miles demanding top dollar because there are few good used cars.

My vehicles are worth more now than 2 years ago because they are relatively low miles, clean, and in excellent condition and the demand has driven the prices up. This hurts the low income folk the most but I don't see things changing any time soon.

Chris

 

[Cpjlube]

I might be in the minority but a truck is a tool. If its too nice to get the interior dirty it's too nice to use. Way too many garage queen / suburban haulers out there. You paid big money for its capabilities. Use it, then clean it up later. With fuel prices today, you only buy/use a truck when you need it. Otherwise drive a gas sipper.

My grandfather used to buy a new truck. Take it home and throw a cement block into the back, maybe bounce it off the top rail. He would say "There..... Now you can use it."

Guess you can tell I'm not into impressing others, just getting the job done.

Chuck

 

[two_bit_score]

I bought a new one in 2011 but nothing close to $64,000. Thought of spending that much makes me really like my '95 Chebby w/200,000 + miles that still runs and drives good.

 

[timswi]

Well, the truck I just bought stickered at 55K..Got it for ~47K..Gave me a fortune for my 2011 and a few bucks from me put me in the 20,000 financed range...It's doable if you play the game right...Not for everyone, but it is doable...

That train wreck of Cash for Clunkers ruined the used car market in terms of driving up prices and it hasn't normalized yet...Who knows if it ever will. If you're buying new and trading, you'll love it---If you're buying used, you won't.

 

[Midniteoyl]

Not to mention the OEMs would rather you NOT buy used atm...

 

[nc redneck]

Buying a new HD truck over 6000 lbs for a business is a great way to keep Obama out of your pocket. Talk to your CPA. Buy new truck or pay it in tax, easy decision for me.

 

[kenmac]

I won't buy anything with payments. Used cash or new cash. If I can't pay cash I just don't need it

 

[timswi]

I won't buy anything with payments. Used cash or new cash. If I can't pay cash I just don't need it

I do the same thing with everything except houses and my truck..Either way, I won't finance unless I can put more than 50% down. Built in escape hatch. I've never been upside down in anything and if I do finance, I pay them off quickly..House is the exception, to a degree---Overpaying, but the payoff ain't gonna happen fast.

 

[MESSMAKER]

It's just a truck. If something happens to it, that's why you pay for insurance. Too many people hung up on material things that don't really matter in the "big picture". If it comes back a mess, make someone clean it.

Well said

 

[RedNeckRacin]

Not to be a one upper, but my neighboer (a car salesman) told me an older fellow, just bought a brand new king ranch F350 or F450 for about 72k. I just dont understand why in the world that makes sense to anyone. A truck that size is purpose built for work I would assume but its kind of sickening getting into something that expensive with anything more than some dust on your dress shoes lol.


It makes you wonder how people ever got by with a standard cab half ton truck back in the day. :confused3:

 

[two_bit_score]

Not to be a one upper, but my neighboer (a car salesman) told me an older fellow, just bought a brand new king ranch F350 or F450 for about 72k. I just dont understand why in the world that makes sense to anyone. A truck that size is purpose built for work I would assume but its kind of sickening getting into something that expensive with anything more than some dust on your dress shoes lol.


It makes you wonder how people ever got by with a standard cab half ton truck back in the day. :confused3:

I'm glad people still have freedom to spend their own money on whatever kind of ride they want.

Your last comment is absolutely spot on!

"It makes you wonder how people ever got by with a standard cab half ton truck back in the day" :thumbsup:

 

[aczlan]

Not to be a one upper, but my neighboer (a car salesman) told me an older fellow, just bought a brand new king ranch F350 or F450 for about 72k. I just dont understand why in the world that makes sense to anyone. A truck that size is purpose built for work I would assume but its kind of sickening getting into something that expensive with anything more than some dust on your dress shoes lol.

Many of those get used to tow large travel trailers around the country seeing the sites and visiting grandkids. They are bought because they are comfortable for long rides and "we may as well enjoy our money while we are still up top of the ground"

Aaron Z

 

[Midniteoyl]

Many of those get used to tow large travel trailers around the country seeing the sites and visiting grandkids. They are bought because they are comfortable for long rides and "we may as well enjoy our money while we are still up top of the ground"

Aaron Z

Yep... If you got it, spend it. Why not?