There are decently priced trucks out there, you have to be patient.
I bought a 2012 Ram 2500 CCSB fully loaded Laramie with B&W turnover (never used, lol) with 52k miles in about as immaculate condition as it gets for $39k in Feb 2016.
The exact same truck new was $56k even with the discount I get on Chrysler vehicles.
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No disrespect and don't take it wrong, but this is the problem. People think they are getting good deals.
I am probably guilty too. I bought a 2015 chevy 2500HD 4x4 diesel 4dr with 30K miles on it in April 2016 for $39K.
Another problem is we may be thinking in terms of cars lasted 100k 20 years ago. Now they go 200-300k or at least should. As well as even the base comes standard with back up cameras and touch screens. What better way to get more money then make it standard for "safety" and us stop asking for the cheaper roll up window trucks. Just phase out the cheaper work trucks and give you the expensive one or no other choice. It's mainly trucks to since we can still get a little Honda for 15k new. Just know the truck guys will pay it heck or high water.
There are plenty of guys here making $50k a year, driving a $60k truck towing a $20k Polaris Ranger or a $40k bass boat. Cheap/easy credit, and yahoo's who use it, are driving up prices, just like the $50k a year yahoo's who were buying $400k homes (that should have been $250k homes) 10 years ago on cheap credit before the housing meltdown.
Bingo and it is only going to get worse since the oil field is picking back up! 18-25 year olds with a pocket full of cash and no sense
that's what happens when people will sign a 6 year note for a truck. the vast majority of people probably couldn't tell you what price they pay for a truck, but they can tell you what the monthly payment is.
the last new truck I bought, I could hear a couple next to me going back and forth over 20-30 dollars a month different in the payments... just a tip, if someone is worried about $30 a month difference, then you can't afford it.
Hurricane Harvey didn't help at all with used truck prices. There were a couple of hundred thousand trucks totaled and had to be replaced across south Texas.
It quickly became a seller's market with a premium on pickups.
I love the explanation for high prices as being "people are just stupid ". I think there is something else going on. High prices for new ones and Harvey seem like the most logical explanations to me. Also, I would add that Texas is unique from other states in that you see way more trucks on the road.
I looked at a Ford a while ago and wanted a fleet truck since I don't want all the bells. 4x4 power locks and windows and the nicer v8. I had to argue with them to test drive a fleet truck and the price was still not that much under a normal truck. What happened to the base model trucks without all the electronics that break?
Dealerships will make more money on replacing the cheap China made electronics than sales profit.
I've been getting pre-recorded messages from the dealer where I bought my wife's truck in'15, saying "...you're truck model is in demand....we'd like to know if you're interested in trading it in...blah blah blah...". Yeah, trade it in so YOU can make a profit on it??lol
It all started with John Travolta and that dang Urban Cowboy thing. Up til then trucks were equipped like trucks, used like trucks, looked like trucks and were priced like trucks. Ever since they've been adapted to soccer moms, rhinestone cowboys and urban dwellers who think they need a 3/4 ton diesel 4x4 to haul a bag of mulch home from Wal-Mart. Ahhh, now I feel better.
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