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Old 03-02-2021, 08:08 AM   #1
Bh_liberty
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Default Ridiculous Price on New trucks

I’m due for a new truck been doing a little shopping I usually buy a new truck every 3 years but dang they’ve gotten proud of them post COVID.


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Last edited by Bh_liberty; 03-02-2021 at 08:18 AM.
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Old 03-02-2021, 08:08 AM   #2
gingib
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YEP!!!!! Even used prices.

Would hate to be buying a truck or building a house now
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Old 03-02-2021, 08:14 AM   #3
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Quote:
Originally Posted by gingib View Post
YEP!!!!! Even used prices.

Would hate to be buying a truck or building a house now
we are building a house right now! what are you tying to say "GINGIB"? lol

1st, luckily we locked in our price with our builder last year so the lumber price increase is not effecting us.

2nd, yes the price of new and used trucks are getting stupid honestly!! I will be needing a "newer truck" to me here in the next few years but there is no way on God's green earth that I will be buying new when that time comes.

Times are just a crazy mess right now
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Old 03-02-2021, 08:16 AM   #4
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Originally Posted by forced-2-work View Post
we are building a house right now! what are you tying to say "GINGIB"? lol

1st, luckily we locked in our price with our builder last year so the lumber price increase is not effecting us.

2nd, yes the price of new and used trucks are getting stupid honestly!! I will be needing a "newer truck" to me here in the next few years but there is no way on God's green earth that I will be buying new when that time comes.

Times are just a crazy mess right now
You got lucky! The wood prices are out the roof now
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Old 03-02-2021, 08:31 AM   #5
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Quote:
Originally Posted by Bh_liberty View Post
I’m due for a new truck been doing a little shopping I usually buy a new truck every 3 years but dang they’ve gotten proud of them post COVID.


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The supply stopped because of Covid but the demand was still there so good luck getting a "good deal" A friend in the biz said probably wait about a year until the supply has been reestablished
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Old 03-02-2021, 08:32 AM   #6
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Yep, truck prices are ridiculous. Same brand new Platinum F150 i bought new in 2014 for $42k is now pushing $75k-$80k. I hate government interference but they need to be regulated lol! A huge depreciating asset like a truck should not be 25% of the value of your home.
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Old 03-02-2021, 08:36 AM   #7
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Originally Posted by narco1 View Post
The supply stopped because of Covid but the demand was still there so good luck getting a "good deal" A friend in the biz said probably wait about a year until the supply has been reestablished

I don’t think the price will ever go back to what it was pre COVID


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Old 03-02-2021, 08:38 AM   #8
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Originally Posted by Fmjag64 View Post
Yep, truck prices are ridiculous. Same brand new Platinum F150 i bought new in 2014 for $42k is now pushing $75k-$80k. I hate government interference but they need to be regulated lol! A huge depreciating asset like a truck should not be 25% of the value of your home.
They still have no BUISNESS in setting prices. A truck isn’t dependent on life... especially a $70k one

Have a friend that bought an 18’ super duty, new. Drove it 46,000 miles and sold it for more than he paid for it. So the depreciation ain’t what it was (on trucks anyway) look at clean used market.... save 2k on a few year old truck, no thanks

Capitalism works better without any government involvement
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Old 03-02-2021, 08:40 AM   #9
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Originally Posted by Fmjag64 View Post
Yep, truck prices are ridiculous. Same brand new Platinum F150 i bought new in 2014 for $42k is now pushing $75k-$80k. I hate government interference but they need to be regulated lol! A huge depreciating asset like a truck should not be 25% of the value of your home.
Pass on (regulations).

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Old 03-02-2021, 08:47 AM   #10
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Originally Posted by Bh_liberty View Post
I don’t think the price will ever go back to what it was pre COVID


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Nope! They have found out the public will pay it. Why go down.
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Old 03-02-2021, 08:48 AM   #11
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Quote:
Originally Posted by gingib View Post
YEP!!!!! Even used prices.

Would hate to be buying a truck or building a house now
And in 2 years when todays prices are doubled people will say.. Man! I wish I would have bought at the beginning of 2021!

Quote:
Originally Posted by forced-2-work View Post
we are building a house right now! what are you tying to say "GINGIB"? lol

1st, luckily we locked in our price with our builder last year so the lumber price increase is not effecting us.

2nd, yes the price of new and used trucks are getting stupid honestly!! I will be needing a "newer truck" to me here in the next few years but there is no way on God's green earth that I will be buying new when that time comes.

Times are just a crazy mess right now
How is this possible to lock in last years prices? Is it a huge nation wide builder?
I don't know how this works but I doubt they're losing money so curious about the deal.
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Old 03-02-2021, 08:53 AM   #12
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YEP!!!!! Even used prices.

Would hate to be buying a truck or building a house now
We are building and I need a truck but the truck will have to wait.
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Old 03-02-2021, 08:57 AM   #13
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inflation. You ain't seen nothing yet.
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Old 03-02-2021, 08:59 AM   #14
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Originally Posted by forced-2-work View Post
we are building a house right now! what are you tying to say "GINGIB"? lol

1st, luckily we locked in our price with our builder last year so the lumber price increase is not effecting us.

2nd, yes the price of new and used trucks are getting stupid honestly!! I will be needing a "newer truck" to me here in the next few years but there is no way on God's green earth that I will be buying new when that time comes.

Times are just a crazy mess right now
Unless they purchased the lumber and are holding it for you, they didn't lock anything in. Cross your fingers they are a big enough company they can absorb the new prices. They could just as easily bail, might be cheaper than fighting you in court.
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Old 03-02-2021, 09:06 AM   #15
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Originally Posted by WItoTX View Post
Unless they purchased the lumber and are holding it for you, they didn't lock anything in. Cross your fingers they are a big enough company they can absorb the new prices. They could just as easily bail, might be cheaper than fighting you in court.
Yep. No business is in the business of loosing money... not long anyway
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Old 03-02-2021, 09:15 AM   #16
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Originally Posted by RiverRat1 View Post
And in 2 years when todays prices are doubled people will say.. Man! I wish I would have bought at the beginning of 2021!



How is this possible to lock in last years prices? Is it a huge nation wide builder?
I don't know how this works but I doubt they're losing money so curious about the deal.
Tilson Homes in Boerne. We signed a contract for a specific price on all the upgrades and options we wanted. Price doesn't change unless we change something, and even then we only pay for the cost of the change we made. They build it out of their pocket with no interest to us during the construction process.

every quarter they adjust their prices for new customers. If you have signed a build contract with them then the price is locked. as stated above, unless you add or change things.

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Old 03-02-2021, 09:18 AM   #17
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covid set the car manufacturers way back which has led to a very tight used market. manufacturers are still short key components and i've been told they will manufacture 20% fewer vehicles this year. The market will get even tighter so if you can wait then i'd suggest you do so.
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Old 03-02-2021, 09:20 AM   #18
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Originally Posted by Low Fence View Post
Yep. No business is in the business of loosing money... not long anyway
They won't lose money. They just won't make as much.

Instead of making 120k profit they will make 90k profit.
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Old 03-02-2021, 09:22 AM   #19
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We used Tilson in Boerne. Great group there. In our house for two years now and love it Tilson has great after the close follow up to fix anything missed in construction and their overall building program and cost significantly beat any of the local competition
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Old 03-02-2021, 09:24 AM   #20
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Y'all just give it a little time. When the economy crashes new trucks and houses will be cheap.
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Old 03-02-2021, 09:24 AM   #21
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I bought a 2020 Chevy last year. I traded it in to get 4x4 and they gave me what I paid for it a year ago on my trade in.


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Old 03-02-2021, 09:25 AM   #22
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We used Tilson in Boerne. Great group there. In our house for two years now and love it Tilson has great after the close follow up to fix anything missed in construction and their overall building program and cost significantly beat any of the local competition
we are in the early stages of building. they are working on the foundation currently. Have Been very pleased with them thus far and most of all I like knowing exactly what all my $ is going towards.
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Old 03-02-2021, 09:26 AM   #23
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Quote:
Originally Posted by Fmjag64 View Post
Yep, truck prices are ridiculous. Same brand new Platinum F150 i bought new in 2014 for $42k is now pushing $75k-$80k. I hate government interference but they need to be regulated lol! A huge depreciating asset like a truck should not be 25% of the value of your home.
You want the federal government to step in so you can afford an $80K truck?
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Old 03-02-2021, 09:28 AM   #24
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I just bought a new to me truck last week . Used truck market it crazy . But then again new trucks on the lot was up to 98 grand .
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Old 03-02-2021, 09:28 AM   #25
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There’s a huge shortage of semiconductors and it’s affecting the car manufacturers. So they say. Guess where the semiconductors are made? Chi Na

Funny how everything goes back to China.
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Old 03-02-2021, 09:29 AM   #26
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Originally Posted by cj7zrcool View Post
You want the federal government to step in so you can afford an $80K truck?
He put a "lol" at the end. I believe he was joking.
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Old 03-02-2021, 09:30 AM   #27
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Funny how everything goes back to China.
They beat us without firing a shot.
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Old 03-02-2021, 09:32 AM   #28
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Quote:
Originally Posted by RiverRat1 View Post
And in 2 years when todays prices are doubled people will say.. Man! I wish I would have bought at the beginning of 2021!



How is this possible to lock in last years prices? Is it a huge nation wide builder?
I don't know how this works but I doubt they're losing money so curious about the deal.
Most builders can get price locks through their source. Got a good buddy that can get lumber "cheap" through his mccoys account because he buys so much lumber and price is locked quarterly
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Old 03-02-2021, 09:46 AM   #29
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this COVID pricing is crazy.. i had requested a bid on a Pole Barn, back July 2020, more or less it was $14000
now the same size is $19500.. because if i waited until march, the prices of metal were going up almost 15%, went into HD, to see wire since i will be running all the electric, and the lady was changing prices, some spools went up at least $75. dls. its crazy,, i was looking for a new Chevy Trail Boss, but not anymore,
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Old 03-02-2021, 09:53 AM   #30
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And with the interest rates being offered on a 10 year finance plan, why WOULDN'T you buy an $80k truck??????
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Old 03-02-2021, 09:57 AM   #31
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Originally Posted by SETX_Insanity View Post
Most builders can get price locks through their source. Got a good buddy that can get lumber "cheap" through his mccoys account because he buys so much lumber and price is locked quarterly
I seriously doubt anyone's price is locked quarterly right now. Our company's lumber pricing had been negotiated quarterly through a group buy until the last year. Now things are getting re-adjusted monthly. The market is just too volatile right now.
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Old 03-02-2021, 10:07 AM   #32
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Originally Posted by Gclyde28 View Post
I seriously doubt anyone's price is locked quarterly right now. Our company's lumber pricing had been negotiated quarterly through a group buy until the last year. Now things are getting re-adjusted monthly. The market is just too volatile right now.
Guess he's just lucky then..
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Old 03-02-2021, 10:16 AM   #33
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I'll walk before I buy a 75,000 truck. Period.
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Old 03-02-2021, 10:19 AM   #34
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Originally Posted by BlackoutRam2500 View Post
inflation. You ain't seen nothing yet.
This unfortunately. We are just on the cusp of it taking off.
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Old 03-02-2021, 10:20 AM   #35
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I always buy “work truck” package trucks and am probably due a new one, but even those packages are now in the mid $40k range. Other than high miles and age, there’s absolutely nothing wrong with trucks I have, so I’ve decided to keep driving what I have.
For me, occasional minor repair is cheaper than having a monthly truck note.
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Old 03-02-2021, 10:21 AM   #36
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Originally Posted by GA Bowhunter View Post
He put a "lol" at the end. I believe he was joking.
Thank you for picking up on the sarcasm. Was starting to wonder on some of the responses lol.
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Old 03-02-2021, 10:24 AM   #37
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.
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Old 03-02-2021, 10:25 AM   #38
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Thank you for picking up on the sarcasm. Was starting to wonder on some of the responses lol.
Proper TBH policy is an emoji and the end.
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Old 03-02-2021, 10:26 AM   #39
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If you think this is ridiculous you should see the insane increase in wakeboard/wakesurf boats. Some of these boats, not yachts, no bathroom, no sleeping quarters are running $250,000 - $280,00. These are ski boats that in 2005 cost $50k.

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Old 03-02-2021, 10:27 AM   #40
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Originally Posted by cj7zrcool View Post
You want the federal government to step in so you can afford an $80K truck?
Clearly i was joking. If i want an $80k half ton truck, I'll go buy one. But what about in 2 more years when an F150 Lariat is $100k then 2 more years its $120k and so on lol. Vicious cycle and unless the average American's wages go up to match, could get ugly or crash. Just blows my mind that a half ton truck is more than some people's mortgage these days....not a diesel, a regular ole half ton V6!
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Old 03-02-2021, 10:28 AM   #41
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Proper TBH policy is an emoji and the end.
Haha true!
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Old 03-02-2021, 10:31 AM   #42
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its price gouging just like with ammo
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Old 03-02-2021, 10:33 AM   #43
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Originally Posted by piercebronkite View Post
If you think this is ridiculous you should see the insane increase in wakeboard/wakesurf boats. Some of these boats, not yachts, no bathroom, no sleeping quarters are running $250,000 - $280,00. These are ski boats that in 2005 cost $50k.
last year tiage ski boats sold out and none were to be found for sale. prices went up again
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Old 03-02-2021, 11:16 AM   #44
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last year tiage ski boats sold out and none were to be found for sale. prices went up again
I am a contractor for Tigé.
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Old 03-02-2021, 11:16 AM   #45
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Originally Posted by SETX_Insanity View Post
Most builders can get price locks through their source. Got a good buddy that can get lumber "cheap" through his mccoys account because he buys so much lumber and price is locked quarterly
Quarterly doesn't do you much good right now.

4th quarter of 2020 was already sky high.

The huge increase happened in quarter 2 of 2020.

Futures are still climbing, but nothing like the initial leap.
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Old 03-02-2021, 11:21 AM   #46
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Thats why my 2 trucks have a combined age of 52 years.
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Old 03-02-2021, 11:41 AM   #47
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Originally Posted by ACCURACYINC View Post
And with the interest rates being offered on a 10 year finance plan, why WOULDN'T you buy an $80k truck??????






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Old 03-02-2021, 11:46 AM   #48
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Originally Posted by Fmjag64 View Post
Clearly i was joking. If i want an $80k half ton truck, I'll go buy one. But what about in 2 more years when an F150 Lariat is $100k then 2 more years its $120k and so on lol. Vicious cycle and unless the average American's wages go up to match, could get ugly or crash. Just blows my mind that a half ton truck is more than some people's mortgage these days....not a diesel, a regular ole half ton V6!
I missed the "lol".
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Old 03-02-2021, 11:47 AM   #49
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Assuming an $80,000 loan at 5% interest, you're looking at over $20k in interest.....NOT serious.
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Old 03-02-2021, 11:48 AM   #50
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Originally Posted by DUKFVR View Post
Nope! They have found out the public will pay it. Why go down.
Exactly. Financing 100% of the truck and over 84 months allows them to do it. We’ve all heard the “how much do you want your monthly payment to be” sales pitch. The number of people I know that make $50-60k a year and drive Lariats, Platinums, and Raptors is terrifying. They can scrounge by to afford the payment, but definitely cannot afford the truck.

I don’t expect it to change anytime soon.
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