Sticker shock....!!!

[The Fred]

This is why the last 15 or so new vehicles I have bought I have paid cash for or financed no more than $10,000 for 36 months.

We just bought a new Ford Edge Sport in February and I borrowed $10,000 on it. It will be paid off in June.

I have a separate savings account for vehicles. Each month I put in $400 per vehicle we have and make the payments to myself. That's about $5000 per year. That makes a nice down payment when it's time to replace after 4 or 5 years.

Chris

You're a smart man Chris. I see many folks buying used cars (not certified pre-owned same crap) on a 6 or 7 year note. Just wrong; if you can't pay it off in 3 years you don't need it. Exception being 0% interest.

My rule is 4 years on a new one 3 years on a used one. Last 5 new ones were 3 year note except for this Kubota.

Fred

 

[KenB2920]

Congrats! Love the Explorer Sports. That 3.5L EcoBoost should be a blast in her. Maybe you can talk the wife into letting you drive once in a while!

Funny, she offered for me to drive it last night but I didn't. I think we may make saturday a date night (with the kids). I did take one a few weeks back for a test drive (lengthy drive, not this around the corner stuff.) This thing scoots pretty good. I am typically a slow driver so this doesn't affect my decision in purchasing (plus I wont be the main driver) but it does seem fun.

We compared this with the Acadia Denali and I was amazed both stickers were within pennies being fully loaded. I may do a quick comparison in another thread. We were actually sold on the Acadia until comparing and bottom line pricing.

 

[MinnesotaEric]

I"m 67 and recently retired. I decided I wanted a new truck, one that would last me until I have to turn in my driver's license.

I've had one new vehicle in my 50 years of driving, a 1988 Dodge PU for $12k. I keep stuff until it falls apart.

I"ve liked the looks and the reliability of the Tundra for a while now and after researching a lot, I decided on getting my 2nd in my life new truck.

I decided on a 2014 Tundra 4x4 dual cab with a 4.6l V8....plenty of HP and plenty of room for the grandkids.

It cost me $32k. If i wanted the full dose of cosmetics and wanted all the 'lipstick on a pig' options, it would have gone to $54k. That's a heck of a lot of lipstick...and for what? So it looks a little blingier?

I don't need chrome door pillars? I can't imagine what could raise the cost another $22k.

This is the best running, quietest, smoothest, most comfortable vehicle I've ever owned. At 310HP, it will pull any of my trailers with my tractor on it.

In my opinion, the mfgs are all ripping us off when it comes to trucks. The new ones are nice but not $35-55k nice.

When Ford offered the Platinum trim level in their F-series, sales expectations where low. But in the first year, Platinums made up 8% of total sales, and Lariats optioned out at above $50K, an additional 12% of total sales. What Ford and the truck industry learned is that there is an appetite for and an increasing demand for high-option, high margin trucks.

Think of it this way: a retiree with extra income to spend could run out and spend $70K on a well-optioned E-class Mercedes, or, if they are part of the 39% of boomers retiring into rural communities, they could buy a well options truck with the same heated and cooled seats, heated steering wheel, quiet ride, and be able to load their dogs in the back seat and hump payload and tow trailers at the same time.

Think of it another way: A tradesman doesn't want his non-truck buying clients to know he is doing well, and so he buys a plain-jane white Lariat. On the outside it says humble work truck but on the inside it says, Ooh La La! And the guy can expense that same truck, and so for that guy, why not kick the ball harder and get a better optioned truck?

Disclosure: I own F common.

 

[KenB2920]

When Ford offered the Platinum trim level in their F-series, sales expectations where low. But in the first year, Platinums made up 8% of total sales, and Lariats optioned out at above $50K, an additional 12% of total sales. What Ford and the truck industry learned is that there is an appetite for and an increasing demand for high-option, high margin trucks.

Think of it this way: a retiree with extra income to spend could run out and spend $70K on a well-optioned E-class Mercedes, or, if they are part of the 39% of boomers retiring into rural communities, they could buy a well options truck with the same heated and cooled seats, heated steering wheel, quiet ride, and be able to load their dogs in the back seat and hump payload and tow trailers at the same time.

Think of it another way: A tradesman doesn't want his non-truck buying clients to know he is doing well, and so he buys a plain-jane white Lariat. On the outside it says humble work truck but on the inside it says, Ooh La La! And the guy can expense that same truck, and so for that guy, why not kick the ball harder and get a better optioned truck?

Disclosure: I own F common.

This is my exact thought. I have a simple pickup, and unless you know a thing or two about a thing or two, thats all you see is a pickup truck. Not realizing its optioned out and a diesel.

This is another reason my wife really likes our ford over the denali. The denali screams classy where the Explorer says it a simple ford. Most people also think the new sports are like the old sports. Simple. Not so much these days.

 

[DeereMann]

Great advise.

I hate when a dealer ask me what I want to pay. Like you all I care about is final price. Everything else is pointless.

Chris

I just tell them I "want to" pay nothing!

That shuts 'em up for a bit, at least.

 

[Diamondpilot]

Nice Explorer. We just got a Edge Sport. It's loaded to the gills. We looked at the Explorer and Jeep Cherokee but the Edge fit us perfectly.

Chris

 

[KenB2920]

Nice Explorer. We just got a Edge Sport. It's loaded to the gills. We looked at the Explorer and Jeep Cherokee but the Edge fit us perfectly.

Chris

Thank you! The Edge looks sweet too! Amazing the electronics in these things.

 

[fordmantpw]

When Ford offered the Platinum trim level in their F-series, sales expectations where low. But in the first year, Platinums made up 8% of total sales, and Lariats optioned out at above $50K, an additional 12% of total sales. What Ford and the truck industry learned is that there is an appetite for and an increasing demand for high-option, high margin trucks.

Think of it this way: a retiree with extra income to spend could run out and spend $70K on a well-optioned E-class Mercedes, or, if they are part of the 39% of boomers retiring into rural communities, they could buy a well options truck with the same heated and cooled seats, heated steering wheel, quiet ride, and be able to load their dogs in the back seat and hump payload and tow trailers at the same time.

Think of it another way: A tradesman doesn't want his non-truck buying clients to know he is doing well, and so he buys a plain-jane white Lariat. On the outside it says humble work truck but on the inside it says, Ooh La La! And the guy can expense that same truck, and so for that guy, why not kick the ball harder and get a better optioned truck?

Disclosure: I own F common.

Well said.

Disclosure: I own F common too.

 

[Green Power]

If you think that is bad brand new combines are a half million.

 

[jimpen]

I still think that if Ford brought back the Ranger they couldn't make them fast enough.