jhurkot
Active VIP Member
2005: 50k
2010: 55k
2014:59k
2019: 102k
Why?
2010: 55k
2014:59k
2019: 102k
Why?
What’s a fair price on a new 2019 F350 Diesel?
- Thread starter phatboy07
- Start date
inflation?
Beels
Active VIP Member
The price of the finance is built into the price of the vehicle. Whether you finance it or pay for it in nickels, it doesn't matter. But for some odd reason, you keep trying to act like you're some sort of financial wizard yammering on about depreciating assets. Do you know what my work and personal financial situation is? No. Do you know what anyone else's is? Not likely. So STFU because you're not making any semblance of sense. You talk so much chit that you can't even keep track of what you're spewing.
Beels
Active VIP Member
US economy is on a heater and the CDN dollar is on a slide. 2014 exchange was over 90 cents.
Beels
Active VIP Member
'09 the US was in the depths of the recession. Auto makers had to hold the line on pricing. Completely agree on what you're getting in a new one now and the trim levels. Performance too. everyone's diesel is way north of 400hp and either past or spitting at 1000ft/lbs.
pfi572
Active VIP Member
This ^^^^
Go on line and build a regular cab 6.2 long box with 4x4 3500 SRW.
You can build a good truck for $40000 ish .
Nobody wants what a loaded truck was 20 years ago . Lol
Yeah for sure. And all the new emissions stuff has to add to the price also.
firstdoo
Active VIP Member
Everyone is purchasing vehicles wrong. (Me included).
If you've (everyone in general) never heard of Dave Ramsey, then have a listen to what he has to say. And yes, he is a financial wizard. https://www.daveramsey.com/askdave/saving/the-car-rule
LID
Active VIP Member
Would Calgary/Vancouver house prices follow the same trajectory?
Beels
Active VIP Member
Ramsey is making the blanket assumption that everyone who finances a vehicle is over-leveraged in it. I know many are, but you know what they say about assumptions. If I lost my job tomorrow or something drastic happened to my income, I could turn around and sell my truck and have money in my pocket.
Beels
Active VIP Member
This is a great counter to the debt adverse. Prime example is a business sitting on a mountain of cash that decides it's time for a big capital expenditure. Instead of borrowing the money, they dump it all into that project. Sitting back looking, "gee, we did all that without borrowing any money." Things turn and all of a sudden the economy starts to go south, they spent all their cash on the capital project and it's next to impossible to borrow money to keep the business running day to day through the rough patch. Perfect example of when it's fine to borrow as you can plan your cash flow around those payments and still have reserve.
pfi572
Active VIP Member
A lot of interesting financial thoughts in this thread . 
I think I will just carry on as I have for years and let others do the big borrowing .
Wished interest rates would go up FFS .
I think I will just carry on as I have for years and let others do the big borrowing .
Wished interest rates would go up FFS .
Dont think that will be happening any time soon.
pfi572
Active VIP Member
What time frame you figure? I bet you 50$ we will see negative interest rates before we see them go up significantly.
pfi572
Active VIP Member
I started a thread in this so we can get off here .
They aren't quite that bad, those are off a fair bit. Sticker on my 13 was 70k, same truck in a 18 sticker is 77.
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