downsizingnow48
Elite Member
Got curious about new truck pricing. My 2012 F150 supercrew 4x4 lariat had a sticker price $46575. On the Ford website I just priced a 2015 with identical or near identical equipment, it is $48650.
Who can afford a new truck anymore?
- Thread starter Alan L.
- Start date
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buckeyefarmer
Epic Contributor
My 08 2500hd was around $30k
houstonscott
Elite Member
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- Dec 19, 2010
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- 3,167
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- Oglesby, Texas
- Tractor
- Kubota L3800, Kubota GR2120, Kubota RTV1100, Kubota 5100sc
Guess if you own a dodge 1500, 2500, or 3500, 4x4, 08-12 you are getting a new one on dodge. HS
seaneastok
Silver Member
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- Sep 8, 2012
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- Panama,Ok
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- 2012 Mahindra 4530 4x4 ML245 FEL. 58 Ford 861D.65 Ford 4000
I will never again own a new truck..I will not pay someone that kind of price to eat the depreciation on a new vehicle..
check
Elite Member
- Joined
- Sep 26, 2008
- Messages
- 4,012
- Tractor
- 2009 Kubota BX25
The perennial debate. New or used? Lease or purchase?
Last time I purchased, because the truck was cheap, and the lease rates were high. This time I least because the lease rates were virtually zero. So, with the small amount of interest and the depreciation I'm only paying about $400 per month for the 2014 F1 50 super crew with the XTR option. And, in two years, I get a new truck!
TomSeller
Super Member
Then you don't have to hear the big "thump" when you drive off the lot. The sound of the value dropping like a rock as soon as you do.
I could never understand that logic. Who is going to turn around and sell just after buying a new truck?
Cpjlube
Silver Member
I agree, why would someone sell a fresh truck so early? But I see it quite a bit. Maybe they bought the wrong truck.
In the past I have looked for low mileage vehicles in the three year old range. In my experience the newer used stuff holds its value pretty well until the warranty expires. There wasn't much savings after you consider used car interest rates are typically higher.
My wife was looking for a small SUV and after looking exclusively at used ones I calculated that I was only going to save about 2500.00 vs buying new. The interest was much better. Some people pay cash but I didn't have 22k. Seemed like it was smarter to buy new and have one that I knew hadn't been abused.
I have purchased mostly used cars most of my longish life and repaired them as required, including a few engine rebuilds or crate motor replacements, rebuilding automatic transmissions, etc. and have spent many hours at the drag strips with cars I built, all of this with seldom having concrete to work on or a garage to work in. I have even blueprinted my own motors, as much as one can do at a home shop.
I grew up in the muscle car area as a teenager and lived that life to its fullest for many of my years. However, while I really enjoyed that era, those cars and trucks can't compare to vehicles of today in terms of safety, build quality, reliability, handling, fuel mileage, power or anything else germane I can think of. I remember those days fondly, but will never own another vehicle of that era out of choice. The only positive attribute for me of those autos over today's autos is those earlier generation autos were easy to work on and had so much room to do so, while today's are nigh impossible for the home mechanic. Easy repairability was a good thing as their life span was relatively short and so was their reliability.
I drive all of my vehicles for many years and rarely purchase new or semi-new, so depreciation is never a concern. My new Ram 2500 diesel 4x4 is most likely the last vehicle I will purchase and I expect no major maintenance problems during its life span with me, which is important at this stage of my life and a primary reason I purchased new. Was it expensive? Oh, absolutely. But at this stage in my life it was worth it for the peace of mind and long-term reliability I expect to have.
I purchased a new tractor two years ago to clear my densely forested retirement property that has heavy clay soil and layers of rocks- many very large that required a tractor and grapple to move. I purchased new as I needed the reliability to complete this task whenever my employer decided it was okay for me to work on my own things. And now it is completed and the tractor and implements have paid for themselves while working very hard and providing supreme reliability when used at their maximum capabilities. A farmer friend of mine still has to work on his old Ford's on a regular basis just to do regular grounds maintenance around his place and there is no way his equipment would have completed my tasks in the time frame I needed. My stuff needs to work hard when I need them to and old and worn out does not work for me anymore.
So for all of you guys who want to purchase old vehicles and want to spend the labor to keep them going and are content with the reliability on long trips with your loved ones and the potential lack of safety should that vehicle be involved in a serious accident- good for you. I am no longer in that group. Oh, BTW, I no longer repair dishwashers, clothes washers, clothes dryers, coffee makers, home electronics, etc. But I do my own tractor preventive maintenance, modifications and troubleshooting as prior tier 4 tractors are still relatively easy to work on.
I grew up in the muscle car area as a teenager and lived that life to its fullest for many of my years. However, while I really enjoyed that era, those cars and trucks can't compare to vehicles of today in terms of safety, build quality, reliability, handling, fuel mileage, power or anything else germane I can think of. I remember those days fondly, but will never own another vehicle of that era out of choice. The only positive attribute for me of those autos over today's autos is those earlier generation autos were easy to work on and had so much room to do so, while today's are nigh impossible for the home mechanic. Easy repairability was a good thing as their life span was relatively short and so was their reliability.
I drive all of my vehicles for many years and rarely purchase new or semi-new, so depreciation is never a concern. My new Ram 2500 diesel 4x4 is most likely the last vehicle I will purchase and I expect no major maintenance problems during its life span with me, which is important at this stage of my life and a primary reason I purchased new. Was it expensive? Oh, absolutely. But at this stage in my life it was worth it for the peace of mind and long-term reliability I expect to have.
I purchased a new tractor two years ago to clear my densely forested retirement property that has heavy clay soil and layers of rocks- many very large that required a tractor and grapple to move. I purchased new as I needed the reliability to complete this task whenever my employer decided it was okay for me to work on my own things. And now it is completed and the tractor and implements have paid for themselves while working very hard and providing supreme reliability when used at their maximum capabilities. A farmer friend of mine still has to work on his old Ford's on a regular basis just to do regular grounds maintenance around his place and there is no way his equipment would have completed my tasks in the time frame I needed. My stuff needs to work hard when I need them to and old and worn out does not work for me anymore.
So for all of you guys who want to purchase old vehicles and want to spend the labor to keep them going and are content with the reliability on long trips with your loved ones and the potential lack of safety should that vehicle be involved in a serious accident- good for you. I am no longer in that group. Oh, BTW, I no longer repair dishwashers, clothes washers, clothes dryers, coffee makers, home electronics, etc. But I do my own tractor preventive maintenance, modifications and troubleshooting as prior tier 4 tractors are still relatively easy to work on.