Thermoguy
Graham, WA
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blt2ski wrote:valhalla360 wrote:FishOnOne wrote:Looks like a loaded Denali DRW 2 wheel drive tops out over $100k.
I can officially claim "old guy" status...we paid less than that for our first house. 2000sft ranch on 1.5 acres about 15 miles from a midsize city in the midwest. Everything in good condition (aka: not a fixer upper).
Next truck will probably be one of those horrible 6 speed trucks when the current 5 speed gives out but hopefully that's another 4-5yrs.
Ave home price locally is literally x10 of truck price. Drove by a 12 plat home project, sign said from mid $1M range.
Marty
That doesn't mean much in Kirkland. We have a house in Bellevue, lets just say a 1Mil house isn't what I think of when I used to think of a 1Mil house. I wouldn't want to pay more than 200-300K for that 1Mil house in Bellevue.
I guess the same can be said about cars, a $100K car used to be a really nice luxury or sports car, now its just a truck to pull your trailer...
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4x4ord
Alberta
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Joined: 12/23/2010
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cummins2014 wrote:Bionic Man wrote:frankwp wrote:cummins2014 wrote:
Hard to believe that trucks have doubled in price since I bought my 2014 .
Trucks have not doubled since 2014, or even 2004 for that matter.
LOL. Have you shopped trucks lately? Prices may have not doubled since 2014 (not far off, but they have more than doubled since 2004.
My 2003 RAM 3500 Laramie (top trip at the time) was $35000. A comparable 2023 is around $90,000, with top trim levels above $100k.
Yes saying double was a bit of an exaggeration , but the increase has been pretty significant in the past few years. I gave 57k for a loaded 2014 3500 Laramie . That same truck today is going for pretty close to 90k , so a 33k increase in 9 years or just over $3500 increase per year . Comparing the increase of what I paid for a 99 Superduty 7.3 XLT bought new in July of 98 for 33k to 57k for the 2014 that’s 24k increase in 16 years or $1500 increase per year .
Ya, but you went from a '98 Ford to 2014 Ram....![[emoticon]](https://forums.motorhome.com/sharedcontent/cfb/images/smile.gif "smile")
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frankwp
Calgary, AB, Canada
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Bionic Man wrote:frankwp wrote:cummins2014 wrote:
Hard to believe that trucks have doubled in price since I bought my 2014 .
Trucks have not doubled since 2014, or even 2004 for that matter.
LOL. Have you shopped trucks lately? Prices may have not doubled since 2014 (not far off, but they have more than doubled since 2004.
My 2003 RAM 3500 Laramie (top trip at the time) was $35000. A comparable 2023 is around $90,000, with top trim levels above $100k.
My 2003 2500HD listed at $53,000CAD when I bought it new. The same truck (not diesel) similarly equipped now lists at $84,872CAD. That isn't even in the neighborhood of double the price.
2010 Cruiser CF30QB
2003 GM 2500HD, crew cab, SB, 8.1, Allison
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4x4ord
Alberta
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frankwp wrote:Bionic Man wrote:frankwp wrote:cummins2014 wrote:
Hard to believe that trucks have doubled in price since I bought my 2014 .
Trucks have not doubled since 2014, or even 2004 for that matter.
LOL. Have you shopped trucks lately? Prices may have not doubled since 2014 (not far off, but they have more than doubled since 2004.
My 2003 RAM 3500 Laramie (top trip at the time) was $35000. A comparable 2023 is around $90,000, with top trim levels above $100k.
My 2003 2500HD listed at $53,000CAD when I bought it new. The same truck (not diesel) similarly equipped now lists at $84,872CAD. That isn't even in the neighborhood of double the price.
Wow that 2003 seems too high? I don't have anything exactly comparable but we bought a new 2004 Ram Laramie 4x4 crew cab diesel for $39,000 CAD.
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Huntindog
Phoenix AZ
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The price of a used has also soared. I have tracked my yearly cost of ownership since I bought my first dually in 2001.This is apples to apples in that each truck had just about all options except the sunroof, and rear entertainment. And it is just the cost of purchasing, not of fuel or maint, tags, etc.
It has stayed constant a 4000.00 a year. So though the intial cost of ownership is high, the cost of staying in an expensive truck is very reasonable, IME.
* This post was
edited 01/30/23 06:35am by Huntindog *
Huntindog
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cummins2014
Utah
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4x4ord wrote:cummins2014 wrote:Bionic Man wrote:frankwp wrote:cummins2014 wrote:
Hard to believe that trucks have doubled in price since I bought my 2014 .
Trucks have not doubled since 2014, or even 2004 for that matter.
LOL. Have you shopped trucks lately? Prices may have not doubled since 2014 (not far off, but they have more than doubled since 2004.
My 2003 RAM 3500 Laramie (top trip at the time) was $35000. A comparable 2023 is around $90,000, with top trim levels above $100k.
Yes saying double was a bit of an exaggeration , but the increase has been pretty significant in the past few years. I gave 57k for a loaded 2014 3500 Laramie . That same truck today is going for pretty close to 90k , so a 33k increase in 9 years or just over $3500 increase per year . Comparing the increase of what I paid for a 99 Superduty 7.3 XLT bought new in July of 98 for 33k to 57k for the 2014 that’s 24k increase in 16 years or $1500 increase per year .
Ya, but you went from a '98 Ford to 2014 Ram....
You have a point . ![[emoticon]](https://forums.motorhome.com/sharedcontent/cfb/images/biggrin.gif "biggrin")
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Thermoguy
Graham, WA
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The interesting read about this post is if you do any research on the high cost of trucks, you come across all kinds of comments about dealers not being able to sell the high end trucks due to current pricing. Dealers are asking manufacturers for help in reducing the price. With interest rates high, cost of new and used cars high, the market is crashing. Sure, people are still buying, but 2 years ago dealers could add $5000-$10000 to the price of a vehicle and people still bought them. The dealers justified this as they needed to make money to keep the business open and people were dumb enough to pay the premium. Now that interest rates are high, people don't want to pay the markup but also don't want to pay $100K for a truck because it isn't about the amount, its about the payment. I haven't looked what a payment on a $100K truck is, but I'm guessing its north of $1000 a month. This forum lots of people will pay anything to get what they want, but the average person just can't afford that any more and companies aren't buying leave vehicles at that high cost. My company always buys the top trim in the model we get, but as of COVID, they have decided to buy out the leases and not get us new vehicles. This doesn't help the car industry since company leases are a big part of the used market turnaround.
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frankwp
Calgary, AB, Canada
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4x4ord wrote:frankwp wrote:Bionic Man wrote:frankwp wrote:cummins2014 wrote:
Hard to believe that trucks have doubled in price since I bought my 2014 .
Trucks have not doubled since 2014, or even 2004 for that matter.
LOL. Have you shopped trucks lately? Prices may have not doubled since 2014 (not far off, but they have more than doubled since 2004.
My 2003 RAM 3500 Laramie (top trip at the time) was $35000. A comparable 2023 is around $90,000, with top trim levels above $100k.
My 2003 2500HD listed at $53,000CAD when I bought it new. The same truck (not diesel) similarly equipped now lists at $84,872CAD. That isn't even in the neighborhood of double the price.
Wow that 2003 seems too high? I don't have anything exactly comparable but we bought a new 2004 Ram Laramie 4x4 crew cab diesel for $39,000 CAD.
Prices I quoted were MSRP and are all in. Another thing to consider is that the 2023 version is much more truck than my 2003. More GVRW, better creature comforts, better fuel economy.
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Groover
Pulaski, TN
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Dealer markups seem to have gone away around here. With the vehicles I see starting to pile up on the dealer's lots I expect to see some serious discounts soon.
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Grit dog
Black Diamond, WA
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Groover wrote:Dealer markups seem to have gone away around here. With the vehicles I see starting to pile up on the dealer's lots I expect to see some serious discounts soon.
Many 1/2 tons have had small to decent discounts off msrp months ago.
Almost had to buy a new truck and had started looking, was Sept/Oct last year. At the time it was more limited to mid level and work trucks. But I’m sure the discounts are working their way up the truck food chain.
2016 Ram 2500, MotorOps.ca EFIlive tuned, 5” turbo back, 6" lift on 37s
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