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Vehicle prices that make you say WTF?

brantb said:
I doubt it is super accurate, but cargurus has the truck I sold a couple weeks ago sitting at around 56500(actually sold for 54k) for the December value. Got the email today that the January value is 45k.

ETA: It was a 24 chevy 3500 LT CCSB diesel. Had it for a year and a half and 33k miles and paid 64k after the GM employee discount.
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that aligns with stories I've been hearing
87manche said:
Guy at work here has a grand wagoneer.

I just shook my head.
Two years old so he bought at the peak of price gouging. I can't even imagine the payment and terms. Fucking 96 month loan probably.
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Oh, I forgot grand waggy was a thing; they leap-frogged across the 6 figure threshold; but after 17k 'savings' it's under (before tax) :eek:
1736541142360.png

If you put 10% down thats only.... $1,320/ mo for 84 mo (max option in their calculator.)
1736541341218.png


which is a deal compared to the the $130k escalade ( which is somehow even uglier than the denali)
1736541679447.png

(the 1k discount on the outgoing last year's model seems woefully insufficient)
 
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I have a standing search for a 23 or 24 ram 2500 4wd diesel, most are crew cabs, there's 12,250 for sale nationwide, seems they sell 300 a week. 25s come out soon, minor face lift, but all are high output, and all get the new zf8 speed.

The 24 tradesman trucks are 46-50k for a pretty decent crew cab. I can't see them selling very well once the 25s land
 
WTF? said:
that aligns with stories I've been hearing

Oh, I forgot grand waggy was a thing; they leap-frogged across the 6 figure threshold; but after 17k 'savings' it's under (before tax) :eek:
1736541142360.png

If you put 10% down thats only.... $1,320/ mo for 84 mo (max option in their calculator.)
1736541341218.png


which is a deal compared to the the $130k escalade ( which is somehow even uglier than the denali)
1736541679447.png

(the 1k discount on the outgoing last year's model seems woefully insufficient)
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A 130k dollar escalade is literally more than my house cost.
Fucking wild.
I was investment property shopping last night and you can buy a run down duplex in town for forty.
Throw another 40 at it for the renovation and still be less than what a car costs for a property that generates money.
I just don't understand how people justify this shit unless they're just monthly payment people.
 
87manche said:
Guy at work here has a grand wagoneer.

I just shook my head.
Two years old so he bought at the peak of price gouging. I can't even imagine the payment and terms. Fucking 96 month loan probably.
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On the way to one of our projects I drive by a double wide with a grand wagoneer sitting out front. The car is (was when they bought it anyway) worth 10x's what the house is.
 
87manche said:
A 130k dollar escalade is literally more than my house cost.
Fucking wild.
I was investment property shopping last night and you can buy a run down duplex in town for forty.
Throw another 40 at it for the renovation and still be less than what a car costs for a property that generates money.
I just don't understand how people justify this shit unless they're just monthly payment people.
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it defies logic.
I did have to double check that its not just that my price frame is stuck in 2005; A $25k car in 95 ( which bought a pretty nice vehicle at the time) would equate to $51k today adjusted for inflation, so we're talking double that and then some for a tahoe in a tuxedo.
 
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WTF? said:
it defies logic.
I did have to double check that its not just that my price frame is stuck in 2005; A $25k car in 95 ( which bought a pretty nice vehicle at the time) would equate to $51k today adjusted for inflation, so we're talking double than and then some for a tahoe in a tuxedo.
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In 97 my F250 XLT Lariet cost $34k dollars new.
 
SLOWPOKE693 said:
I think some of you forget two things.....

-Not everyone is broke or a cheap fuck

-Rich people are not necessarily well informed and that's who $100k plus SUVs get bought by. Range Rover has been running on that business model for decades. :laughing:
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Really? I don't think there are as many "rich people" as there are people buying these things.

But then again I have no idea how so many people seem to be so well off in general.

The wife and I make ~160k/yr gross which I thought was pretty good but we don't come anywhere near having enough money for a mcmansion and 2 denalis in the driveway of the HOA neighborhood... Which seem to be freaking everywhere.
 
Ummduh said:
Really? I don't think there are as many "rich people" as there are people buying these things.

But then again I have no idea how so many people seem to be so well off in general.

The wife and I make ~160k/yr gross which I thought was pretty good but we don't come anywhere near having enough money for a mcmansion and 2 denalis in the driveway of the HOA neighborhood... Which seem to be freaking everywhere.
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What do you spend your money on then? Wife and I make about the same combined and we have no problem affording things without being up to our eyeballs in debt? And neither of us are financial geniuses. :laughing:
 
SLOWPOKE693 said:
What do you spend your money on then? Wife and I make about the same combined and we have no problem affording things without being up to our eyeballs in debt? And neither of us are financial geniuses. :laughing:
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Don't get me wrong, we're not hurting, but there isn't enough there to triple the mortgage and add 2 $1k car payments.

Edit: the 2 payments on cars right now are 600 & 300.

Edit2:

And that's the thing, we don't really waste money on anything. Well anything crazy. Non smokers, she doesn't even drink. The biggest issue would be the daughter's medical bills, but we finally got those paid off. Now there's the dog's $15k bill though:homer:
 
Ummduh said:
Don't get me wrong, we're not hurting, but there isn't enough there to triple the mortgage and add 2 $1k car payments.

Edit: the 2 payments on cars right now are 600 & 300.
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We don't drive $1k a month cars either. My truck costs me $635 a month and is more than half paid off already (big down payment and a trade in) and my wifes 16 JKUR has been paid off for a couple years. I actually want to get her into a new car, we can easily afford it, but she is having a hard time giving up the pos Jeep. :laughing:

Edit: We have ZERO kids and 4 dogs.
 
Ummduh said:
The wife and I make ~160k/yr gross which I thought was pretty good but we don't come anywhere near having enough money for a mcmansion and 2 denalis in the driveway of the HOA neighborhood... Which seem to be freaking everywhere.
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I think the people buying these things are contributing less to retirement than people think.

Also, there's a lot more $200k+ paid people out there than people think. Basically all the "you're part of the problem" careers will get you there if you grind long enough. Cop who's abusing the O/T system, doctor, lawyer, enterprise sales guy, professional engineer, etc. Add a $100k+ woman to the household and it works out. It doesn't work out great but it's very doable.

If the IBB dentist isn't making $200k he could be if he had less morals. :laughing:
 
arse_sidewards said:
The idiots who rolled those things as teenagers in the early 2000s are making midlife crisis buys.
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Steve300xcw , better buy yours now before they bring EB money!

JR4X said:
I had to buy a pickup at a bad time. Yes “had to” couldn’t wait. Knew it at the time I was getting hosed but made sure I bought a pickup I’d be happy to keep if the market cratered, which it of course seems to have happened.
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Your story is largely different than others.

arse_sidewards said:
Ranger was less than 1/3 of that depending on what boxes you checked. :laughing:
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Think my dads 97 was 10k. Booooooone stock manual everything 4 cyl. He drove it to 250k miles.
 
arse_sidewards said:
I think the people buying these things are contributing less to retirement than people think.

Also, there's a lot more $200k+ paid people out there than people think. Basically all the "you're part of the problem" careers will get you there if you grind long enough. Cop who's abusing the O/T system, doctor, lawyer, enterprise sales guy, professional engineer, etc. Add a $100k+ woman to the household and it works out. It doesn't work out great but it's very doable.

If the IBB dentist isn't making $200k he could be if he had less morals. :laughing:
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Technically I am a specialist.
 
arse_sidewards said:
Not surprising you rolled it.

The Explorer caught a lot of shit but the B2 was even less forgiving to steering wheel holders that ran out of skill. Something absurd like 20% of them got rolled.
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Top heavy, narrow, a soft suspension and TTB don't make for Ferrari like handling. Doesn't help that it didn't have enough power to recover from an emergency manuver situation either. :laughing:
 
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