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Open Roads Forum  >  Tow Vehicles

 > The price of new trucks is beyond comprehension!

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cummins2014

Utah

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Posted: 09/28/21 08:16am Link  |  Quote  |  Print  |  Notify Moderator

kendall69 wrote:

Same here, 1974 I was 17 years old and I asked my parents to sign for a new Dodge Power Wagon with a complete snow removal plow, for about $4,500. Well, they did sign and there I sat in the garage with a shiny new truck worth about the same as a new Corvette at the time. My parents bless their souls for putting that much faith in me. They both worked two jobs and drove junkers, they never had a new vehicle in their life. As it god deeper and deeper into winter in Cleveland Ohio, I could not feel any worse because of the lack of snow. I promised my parents I could earn enough snow plowing to pay for the truck.

I had all my "contracts" set up and I did some clever maneuvering to get the accounts. I promised to replow their lots for free for 24 hours after the first plowing if it snowed again.

Well, then it hit, one of the largest snowstorms in history.

I started plowing and only stopped for three days to eat use the restroom. I slept with my head on the steering wheel in parking lots in between jobs.

I came home once set the alarm for 30 minutes and fell asleep with wet boots, and a parka, woke up, and did it some more.

When it was all over I went into the house and my parents were having breakfast.

I had balls of cash in every pocket I had and I dumped it all on the table and I said, here ya, this should cover the cost of the truck.

I never felt prouder of myself for keeping that promise.

Last year the pickup truck I purchased was nearly 20 times what that truck was in 74



Great story ,thanks for sharing .

Similar story ,talked my mom into co-signing so I could buy a used 1959 Corvette , had to take out two loans one for the down payment , and one for the balance ,both loans were a total of $1100. This was in 1968, I was working, and payed off both loans, but I sure had to talk to get that car. [emoticon]

Grit dog

Black Diamond, WA

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Posted: 09/28/21 09:20am Link  |  Quote  |  Print  |  Notify Moderator

ksss wrote:

Yea in hindsight, if I would have just bought it and left it alone it would be worth a lot of money right now. It was a great deal. There are precious few of the K-30 4X4 SRW's running around, especially loaded like this one was.


Yeah my hindsight is horrible!!
I passed on an original paint numbers matching 68 442 W30 convertible for cheeep about 20 years ago. Knew I messed up on that one but we were getting ready to move x country again and I was already ditching 1 classic car that didn’t make the cut.
5 years later coincidentally we moved back to that state. First night in town I went looking for it. It gone!

Now that I have some disposable income, the trick is what are the next “classics?”
Just like 10-15 years ago Testarossas we’re going for around $50 k. Now they’re 4x that!
Next recession, I swear I’m gonna fill a filed full of future money makers!

Fwiw I gave $8k last year for a truck likely very similar to the one uou mentioned except K20 and the big block is a transplant. It was a relative deal.


2016 Ram 2500, MotorOps.ca EFIlive tuned, 5” turbo back, 6" lift on 37s
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free radical

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Posted: 10/08/21 06:46pm Link  |  Quote  |  Print  |  Notify Moderator

Ive heard that old military Humvee go for very litle money now.
And if you want to improve its mpg do this

https://youtu.be/hp1uI4D7NRQ

BobsYourUncle

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Posted: 10/08/21 08:13pm Link  |  Quote  |  Print  |  Notify Moderator

OP here:

25 pages later of wonderful discussion, I still could use a new truck! And yeah, the price gags me. Over 100G for what I want.

My poor old beast turned 429,000K today. And I do still like it. It still has that silly grin reaction when I stuff my foot into it. I have a mechanic who is the best I have ever seen. He keeps it purring.

But after all those miles, she finally needs some front end work. 3-4K worth. And tires. About 300 a pop. 6 of the beggers. And headlights. Got some coming. And drivers upholstery. And a box. My rack and toolboxes have taken their toll on it. Could use a few touch ups on the body. A ding here, a dent there.... It got pummeled with hail on July 2nd. Hood, roof and fenders full of dents. Windshield has a million stone pits. Getting hard to see in the sun. No cracks though.

Yeah, getting old, but still going. Tranny has never been open. Just a few oil changes.

I stop by a lot here and there when I see a nice new dually sitting there..

Dream on Bob!!


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fj12ryder

Platte City, MO

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Posted: 10/09/21 07:14am Link  |  Quote  |  Print  |  Notify Moderator

A slight hijack: the price of used trucks knocks me out even more than the price of new trucks. Just saw a 2017 Ford 3/4 ton on Craigslist, pretty loaded, and priced at $65,000!!


Howard and Peggy

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Grit dog

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Posted: 10/09/21 09:11am Link  |  Quote  |  Print  |  Notify Moderator

free radical wrote:

Ive heard that old military Humvee go for very litle money now.
And if you want to improve its mpg do this

https://youtu.be/hp1uI4D7NRQ


You turning into the next Reisender?? Lol

Grit dog

Black Diamond, WA

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Posted: 10/09/21 09:14am Link  |  Quote  |  Print  |  Notify Moderator

fj12ryder wrote:

A slight hijack: the price of used trucks knocks me out even more than the price of new trucks. Just saw a 2017 Ford 3/4 ton on Craigslist, pretty loaded, and priced at $65,000!!


Right?
Idk how long the “shortage” is gonna last, but beginning to think the hyper inflation, seems like it’s reached that level, is going to become the new norm.
I also haven’t really tracked any ridiculous adds to see if the vehicles sold quickly. (Good indicator that asking price or close to it was achieved)

But can confirm that the list of people not going back to work doesn’t appear to be shrinking. At least not in my industry.
This whole pandemic thing has turned many people into lazy bags of _____ and is a major contributor to what we see on the retail end of things. With supply chain issues and inflation.
I’m currently fighting through 7 figure losses on just a couple construction projects without any relief from the same agencies that put me/us in this place, in the first place.
Things aren’t done getting weird by any stretch of the imagination, unfortunately.

monkey44

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Posted: 10/09/21 09:17am Link  |  Quote  |  Print  |  Notify Moderator

Yeah - I just KBB my truck - 2015 - and it values it at more than I paid new. But probably not get that in trade anyway, it's just numbers.

Makes no sense to sell it or trade it and buy a new one. Don't want to do it anyway, truck does everything it should and only has 62K miles on it. Just put new tires on it.


Monkey44
Cape Cod Ma & Central Fla
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BobsYourUncle

Calgary Alberta Canada

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Posted: 10/09/21 09:24am Link  |  Quote  |  Print  |  Notify Moderator

fj12ryder wrote:

the price of used trucks knocks me out even more than the price of new trucks. Just saw a 2017 Ford 3/4 ton on Craigslist, pretty loaded, and priced at $65,000!!

Yes, agreed!
I am told I could still get 20 - 22K for mine! I think that is absurd....
I paid 500 bucks for my first used pickup many years ago, a 67 GMC 3/4 ton

fj12ryder

Platte City, MO

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Posted: 10/09/21 10:25am Link  |  Quote  |  Print  |  Notify Moderator

We priced our truck and 5th wheel to sell earlier this year. We had the trailer priced at $25,000, and the truck at $18,500, which is what I paid for it 15 years ago. We had many offers to buy the truck, one guy said he would buy both to get the truck!! It's a 2001 Dodge diesel dually quadcab, with 119,000 miles, and the six speed manual. Apparently more desirable than I had thought.

Ended up we sold the trailer and kept the truck, and now using it to pull our new-to-us 5th wheel.

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