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Feb 12th, 2024
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 Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858292
05/26/23 02:26 PM
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Joined: Dec 2008
Posts: 1,595
thegrouse
Pro Tracker
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Pro Tracker
Joined: Dec 2008
Posts: 1,595 |
My newest vehicle is a 2002 with 220k. Still going strong, every time I think of the price of a new one I cringe. My last new vehicle purchase for myself was a 2000. I think if this one ever dies I will buy new and wear it out.
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Re: Trucks cost $$$
[Re: TexFlip]
#8858299
05/26/23 02:41 PM
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Joined: Aug 2005
Posts: 20,953
Sniper John
gumshoe
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gumshoe
Joined: Aug 2005
Posts: 20,953 |
Stand pat. They're nuts. Let the market work...without you in it. I had that same thought and waited a few years for the prices to come down to reason. That stupid idea probably cost me $20,000. With inflation the spending power of the dollar is only going to go down and prices are only going to continue to go higher. This thread conversation about ridiculous prices was the same 10 years ago and will be the same 10 years from now. Except 10 years ago there wasn't a "shortage" and you could negotiate your price. I was able to get 10.5 % below msrp locked in early this year on a 2500. And could have done same the year before if I had known what high volume dealers were offering on orders. But yes DFW dealers were still over msrp and have been higher than they should be like forever.
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Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858320
05/26/23 03:15 PM
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Joined: May 2009
Posts: 24,365
dkershen
Rev Dave
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Rev Dave
Joined: May 2009
Posts: 24,365 |
I've got less than 50K miles on my 2017, so plan on keeping it at least 5 more years. Maybe 10 if it doesn't cause me any issues. Prices are just plain nuts right now.
To be sure of hitting the target, shoot first and call whatever you hit the target.www.NewHopeEquine.com - Health and Healing through Horses.
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Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858403
05/26/23 05:12 PM
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Joined: Aug 2005
Posts: 6,744
psycho0819
THF Trophy Hunter
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Joined: Aug 2005
Posts: 6,744 |
They figured out that keeping inventory low means they can charge more. As long as people keep paying it, they will keep charging it.
I bought my '18 knowing it would rack up miles quickly, with a planned trade-in on a new one sometime last year at around 200k. Well, I'm still in the '18 with over 230k on it and refuse to pay what they want for a new one now. More expensive and less reliable, no thanks. I'll just keep feeding mine parts til it dies or some sanity returns to the market.
Tolerance is the virtue of a man without conviction.
The end of the world began the day it was created, and life is a sexually transmitted terminal disease.
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Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858484
05/26/23 07:51 PM
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Joined: Aug 2009
Posts: 22,716
BigPig
THF Celebrity
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Joined: Aug 2009
Posts: 22,716 |
We just buy the bullet and bought the wife a 2023 GMC YUKON XL AT4, for tax purposes and because the Nissan was quickly becoming unreliable. $88k and change but no mark up, no dealer add on bs, and they gave us a much higher trade in value than anywhere in DFW would have for our 2018 Nissan Armada. We haven’t had a payment in 3 years and cringed when making that $600 a month payment. Now it’s $1148 a month  My 2014 Ram is at 205,xxx miles and climbing. I’m afraid I’ll be buying a new truck in January for tax purposes.
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Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858497
05/26/23 08:18 PM
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Joined: Dec 2020
Posts: 1,422
Sewer rat
Pro Tracker
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Pro Tracker
Joined: Dec 2020
Posts: 1,422 |
Buying anything for tax purposes is dumb. At most if you 179 it a purchase saves you your marginal tax rate. The highest tax bracket is 37% for those making over 578k single or 693k married. This means if you were in that bracket and spend 100k on a truck it saves you 37k in taxes. If you truly needed the truck for your business it makes sense to buy one but if you didn't need it you would be much better off paying your 37k in taxes and keeping the 63k to invest or whatever.
I mean why spend 100k on something you don't need to avoid paying 37k in taxes especially when this thing you are buying is going to cost a ton to insure and probably won't be worth half what you paid for it in a few short years?
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Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858503
05/26/23 08:28 PM
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Joined: Jun 2011
Posts: 33,994
Buzzsaw
THF Celebrity
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THF Celebrity
Joined: Jun 2011
Posts: 33,994 |
SPACE FOR RENT
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Re: Trucks cost $$$
[Re: BOBO the Clown]
#8858539
05/26/23 09:31 PM
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Joined: Nov 2011
Posts: 9,935
unclebubba
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2011
Posts: 9,935 |
prices are stupid. I told someone today I hope my Ecoboost goes to 300K. Ill be right behind you. Shooting for 310  My last F150 went 340K. I bought a new one in 2017, and thought the prices were ridiculous then! I'm shooting for 340K again.
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Re: Trucks cost $$$
[Re: Sewer rat]
#8858547
05/26/23 09:42 PM
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Joined: Aug 2009
Posts: 22,716
BigPig
THF Celebrity
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THF Celebrity
Joined: Aug 2009
Posts: 22,716 |
Buying anything for tax purposes is dumb. At most if you 179 it a purchase saves you your marginal tax rate. The highest tax bracket is 37% for those making over 578k single or 693k married. This means if you were in that bracket and spend 100k on a truck it saves you 37k in taxes. If you truly needed the truck for your business it makes sense to buy one but if you didn't need it you would be much better off paying your 37k in taxes and keeping the 63k to invest or whatever.
I mean why spend 100k on something you don't need to avoid paying 37k in taxes especially when this thing you are buying is going to cost a ton to insure and probably won't be worth half what you paid for it in a few short years?
Nothing says you have to pay cash. As far as I remember you only have to keep the vehicle for 2 years from date of purchase. So $1148 X 24 months is $27,552. Our savings should be $28,160. The fuel, insurance, and other expenses are a moot point because we had to pay that on the other vehicle. So yeah it does help. But like I said, her Nissan was giving us issues I didn’t feel like spending money chasing. Believe me, I would much rather continue with no payments, but I would also not like to pay Uncle Sam money that I don’t have to. It’s all a wash
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Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858551
05/26/23 09:48 PM
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Joined: Dec 2005
Posts: 35,501
Guy
THF Celebrity
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Joined: Dec 2005
Posts: 35,501 |
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Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858589
05/26/23 11:06 PM
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Joined: Jul 2019
Posts: 2,341
rolyat.nosaj
OP
Veteran Tracker
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OP
Veteran Tracker
Joined: Jul 2019
Posts: 2,341 |
That reminds me that I need a boat more than a new truck. Have you seen boat prices?
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Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858609
05/27/23 12:29 AM
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Joined: Dec 2005
Posts: 35,501
Guy
THF Celebrity
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Joined: Dec 2005
Posts: 35,501 |
That reminds me that I need a boat more than a new truck. Have you seen boat prices? About the same as a truck if that is your choice, especially for a nice bass boat, $100k. Me, my boat there bought 2013, 2005 gatortrax paid $5k, $7k for a brand new 35hp Mudbuddy motor. The boat will last forever. I want to get a new motor, same thing not that much more probably $9k, but I want a better motor probably $12k. But I just put a new clutch in last year, it’s a great motor but I would like reverse and more HP. But yeah, your are looking at $200k truck and boat for the 1 uppers, that’s probably too low. 
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Re: Trucks cost $$$
[Re: Guy]
#8858626
05/27/23 01:40 AM
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Joined: Nov 2011
Posts: 9,935
unclebubba
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2011
Posts: 9,935 |
That reminds me that I need a boat more than a new truck. Have you seen boat prices? About the same as a truck if that is your choice, especially for a nice bass boat, $100k. Me, my boat there bought 2013, 2005 gatortrax paid $5k, $7k for a brand new 35hp Mudbuddy motor. The boat will last forever. I want to get a new motor, same thing not that much more probably $9k, but I want a better motor probably $12k. But I just put a new clutch in last year, it’s a great motor but I would like reverse and more HP. But yeah, your are looking at $200k truck and boat for the 1 uppers, that’s probably too low. I have. Sky high! I can help you finance one, BTW. 
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Re: Trucks cost $$$
[Re: unclebubba]
#8858652
05/27/23 02:36 AM
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Joined: Aug 2009
Posts: 22,716
BigPig
THF Celebrity
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THF Celebrity
Joined: Aug 2009
Posts: 22,716 |
That reminds me that I need a boat more than a new truck. Have you seen boat prices? About the same as a truck if that is your choice, especially for a nice bass boat, $100k. Me, my boat there bought 2013, 2005 gatortrax paid $5k, $7k for a brand new 35hp Mudbuddy motor. The boat will last forever. I want to get a new motor, same thing not that much more probably $9k, but I want a better motor probably $12k. But I just put a new clutch in last year, it’s a great motor but I would like reverse and more HP. But yeah, your are looking at $200k truck and boat for the 1 uppers, that’s probably too low. I have. Sky high! I can help you finance one, BTW. Are they still doing 10-15 year terms? What interest?
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Re: Trucks cost $$$
[Re: BigPig]
#8858670
05/27/23 03:15 AM
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Joined: Nov 2011
Posts: 9,935
unclebubba
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2011
Posts: 9,935 |
That reminds me that I need a boat more than a new truck. Have you seen boat prices? About the same as a truck if that is your choice, especially for a nice bass boat, $100k. Me, my boat there bought 2013, 2005 gatortrax paid $5k, $7k for a brand new 35hp Mudbuddy motor. The boat will last forever. I want to get a new motor, same thing not that much more probably $9k, but I want a better motor probably $12k. But I just put a new clutch in last year, it’s a great motor but I would like reverse and more HP. But yeah, your are looking at $200k truck and boat for the 1 uppers, that’s probably too low. I have. Sky high! I can help you finance one, BTW. Are they still doing 10-15 year terms? What interest? 15-20 depending on price. Lowest rates are around 7.5%
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Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858686
05/27/23 03:57 AM
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Joined: Aug 2005
Posts: 31,963
txtrophy85
THF Celebrity
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THF Celebrity
Joined: Aug 2005
Posts: 31,963 |
Boat prices are outrageous. You can easily spend $150k for a bay boat.
For it is not the quarry that we truly seek, but the adventure.
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Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858710
05/27/23 11:10 AM
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Joined: Dec 2013
Posts: 6,938
GasGuzzler
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2013
Posts: 6,938 |
The truth is the shortages (of vehicles, not some parts) are pretty much over and the prices will come back down. Some dealers are already having "sales" again. Us selling a bunch of 2500s all in a small time frame is because they were hard to come by specifically. Now that they're coming in (just like almost all other models), they sales will die back down.
Pass the gravy.
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Re: Trucks cost $$$
[Re: Sewer rat]
#8858731
05/27/23 11:50 AM
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Joined: Jan 2006
Posts: 142
joebass2
Woodsman
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Woodsman
Joined: Jan 2006
Posts: 142 |
Buying anything for tax purposes is dumb. At most if you 179 it a purchase saves you your marginal tax rate. The highest tax bracket is 37% for those making over 578k single or 693k married. This means if you were in that bracket and spend 100k on a truck it saves you 37k in taxes. If you truly needed the truck for your business it makes sense to buy one but if you didn't need it you would be much better off paying your 37k in taxes and keeping the 63k to invest or whatever.
I mean why spend 100k on something you don't need to avoid paying 37k in taxes especially when this thing you are buying is going to cost a ton to insure and probably won't be worth half what you paid for it in a few short years?
+1
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Re: Trucks cost $$$
[Re: GasGuzzler]
#8858735
05/27/23 12:31 PM
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Joined: Jan 2014
Posts: 12,766
Paluxy
THF Celebrity
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THF Celebrity
Joined: Jan 2014
Posts: 12,766 |
The truth is the shortages (of vehicles, not some parts) are pretty much over and the prices will come back down. Some dealers are already having "sales" again. Us selling a bunch of 2500s all in a small time frame is because they were hard to come by specifically. Now that they're coming in (just like almost all other models), they sales will die back down. Hoping that to be the case.
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Re: Trucks cost $$$
[Re: joebass2]
#8858739
05/27/23 12:43 PM
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Joined: Aug 2005
Posts: 31,963
txtrophy85
THF Celebrity
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THF Celebrity
Joined: Aug 2005
Posts: 31,963 |
[quote=Sewer rat]Buying anything for tax purposes is dumb. At most if you 179 it a purchase saves you your marginal tax rate. The highest tax bracket is 37% for those making over 578k single or 693k married. This means if you were in that bracket and spend 100k on a truck it saves you 37k in taxes. If you truly needed the truck for your business it makes sense to buy one but if you didn't need it you would be much better off paying your 37k in taxes and keeping the 63k to invest or whatever.
I mean why spend 100k on something you don't need to avoid paying 37k in taxes especially when this thing you are buying is going to cost a ton to insure and probably won't be worth half what you paid for it in a few short years?
If you’re in business you have to replace your equipment and vehicles in most cases. They don’t last forever. It’s gonna happen eventually so it’s nice to be able to take the depreciation on the asset and save a little $$ going to taxes. But I agree. Buying just to buy is like spending a dollar to save 28-37 cents. I trade off every two or three years as that’s when my trucks are approaching the 200k mile mark. Glad to have that write off option.
For it is not the quarry that we truly seek, but the adventure.
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Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858792
05/27/23 02:34 PM
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Joined: Apr 2011
Posts: 29,038
Western
THF Celebrity
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THF Celebrity
Joined: Apr 2011
Posts: 29,038 |
Seems "buying for tax reasons" holds more water now as long as the used market stays strong and at the new prices, I don't see the used market going anywhere quick.
If at first you dont succeed, then skydiving is not for you..
"Don't trust everything you read on the Internet"- Abraham Lincoln
Dennis
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Re: Trucks cost $$$
[Re: Western]
#8858810
05/27/23 03:31 PM
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Joined: Aug 2005
Posts: 31,963
txtrophy85
THF Celebrity
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THF Celebrity
Joined: Aug 2005
Posts: 31,963 |
Seems "buying for tax reasons" holds more water now as long as the used market stays strong and at the new prices, I don't see the used market going anywhere quick. Friends that are in the used business are predicting strong values for used cars and trucks continuing into the foreseeable future
For it is not the quarry that we truly seek, but the adventure.
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Re: Trucks cost $$$
[Re: rolyat.nosaj]
#8858879
05/27/23 06:06 PM
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Joined: Dec 2005
Posts: 35,501
Guy
THF Celebrity
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THF Celebrity
Joined: Dec 2005
Posts: 35,501 |
Btw with my pix, I’m trying to one down all the one uppers.
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Re: Trucks cost $$$
[Re: Guy]
#8858885
05/27/23 06:27 PM
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Joined: Jan 2009
Posts: 19,259
Judd
#1 Creedmoor Fan
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#1 Creedmoor Fan
Joined: Jan 2009
Posts: 19,259 |
Btw with my pix, I’m trying to one down all the one uppers. Simmer down Guy…you ain’t one upping anyone with a wannabe truck. We’ve been thru this with Buzz’s Titan
Don't let your ears hear what your eyes didn't see, and don't let your mouth say what your heart doesn't feel
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Re: Trucks cost $$$
[Re: Judd]
#8858926
05/27/23 08:00 PM
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Joined: Dec 2005
Posts: 35,501
Guy
THF Celebrity
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THF Celebrity
Joined: Dec 2005
Posts: 35,501 |
Btw with my pix, I’m trying to one down all the one uppers. Simmer down Guy…you ain’t one upping anyone with a wannabe truck. We’ve been thru this with Buzz’s Titan That’s why I said I was one downing everyone, you big fat dummy.
Last edited by Guy; 05/27/23 08:41 PM. Reason: Added fat
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