Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Edmunds' data shows, through September, the average transaction price for a full-size pickup is $48,377, a 48-percent boost from 10 years ago and a 19-percent hike from 2013 for the same period. For that price, a person could buy a Mercedes-Benz or BMW luxury sedan.
"A 48-percent increase in price is the highest price increase for that time period out of all vehicle categories," said Ivan Drury, senior analyst at Edmunds. "Even at $45,000, it prices a lot of people out."
Quote:
Herron was one of Gilchrist's GMC customers. Gilchrist said he has had others trade in Mercedes-Benz vehicles to buy a pickup. Then there are those really rich orders such as the Ford Platinum F-450 Super Duty truck Gilchrist sold for $100,000.
"It's a statement," said Stephen Gilchrist, dealer operator at Gilchrist Automotive. "They're a professional rodeo person, so it's part of who they are."
Quote:
For now, the banks continue to loan money at reasonably low interest rates, helping dealers sell pickups, dealers say.
Simple supply and demand. Demand is high among people who seek the luxury or utility of big trucks. And with gasoline prices staying at relatively low prices, that demand won't dissipate, analysts said.
I see tons of F-250 Powerstrokes around here. Very few are towing anything. I think people buy them because they love the feeling of sitting up high and driving a big vehicle.
Kudos to Ford marketing.
I think those trucks cost over $50K; I've never shopped for one. And I'm amazed that so many people can actually afford them.
There are no full size sedans like Crown Victory any more. Even Lincolns are much smaller than 20 years ago. People who want a safe, comfortable ride with room for cargo have to either go with SUV or Pick-up truck.
The market for them is hot so the price goes up.
Wow, folks seem to really love those luxury trucks.
The US has had a 25% tariff on Pick Up Trucks since 1964 when Lyndon Johnson introduced the so called chicken tax. Even thoigh the Germans did evetually crap their tax on US Frozen Chicken, the tax on pick up trucks and light trucks has remained.
If you didn't have the Chicken Tax, then Pick Up's would be a lot cheaper.
Sadly under Trump you may see a similar tax on all vehicles which the US Consumer will again have to pay for.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,585 posts, read 81,243,006 times
Reputation: 57825
The sticker on my truck was $46,800, but I got it for $35,000. That’s just the average price for all cars. The “war” among the big 3 US truck manufacturers means big discounts, and I expect that to continue.
I see tons of F-250 Powerstrokes around here. Very few are towing anything. I think people buy them because they love the feeling of sitting up high and driving a big vehicle.
Kudos to Ford marketing.
I think those trucks cost over $50K; I've never shopped for one. And I'm amazed that so many people can actually afford them.
Ain't America Great?
Just because you never seen one towing a trailer or something else doesn’t mean they don’t i love the way people assume everything it’s people like you that always think you know it all about what others do with their vehicles when in fact you know nothing about them at all you’ve just grasping at straws to just get into the conversation.
Trucks will last much longer, hold their value forever and are more useful for just about anything. Towing, hauling etc...
I have 2 Rams in my fleet and love them both and my workhorse gets worked.
Many people buy a truck just to have one. If there's a truck parked in your driveway it should be paying for itself not just to use as a means of transportation from point A to point B.
I see tons of F-250 Powerstrokes around here. Very few are towing anything. I think people buy them because they love the feeling of sitting up high and driving a big vehicle.
Kudos to Ford marketing.
I think those trucks cost over $50K; I've never shopped for one. And I'm amazed that so many people can actually afford them.
Ain't America Great?
I don't think so. Frankly, if you aren't towing something they're bouncy. Everyone I know that has a 3/4 ton (at least a newer one as opposed to someone that bought a beat-around truck) either works in a trade, or otherwise tows something big, often.
The sticker might be high, but the Nissan dealer by me, for example, is taking $14k off Titans. Ram is notorious for doing the same thing.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
