why are used trucks so expensive reddit
A lot of people buy full size crew cab pickup trucks for their suburban daily driving duties. Speaking from the car owners perspective.
Im wondering if Penskes trucks are any good because they seem a whole lot cheaper than the other trucks Ive seen.

. Thanks to power steering the SuperCrew also saves a lot on fuel consumption. With the average transaction price for a new full-size truck near 50000 the expense of buying and maintaining a pickup are pushing some pickup owners into other vehicles. Well anyway a driver told me I should check out Penskes used trucks Arrow or Ryder.
The 2007 Chevy Silverado is probably the one youd want to avoid especially if it has the 53L V8. According to shopping site Edmunds the average transaction price for used cars reached 25410 in the second quarter of. If you were to buy a used pickup truck today you would spend on average 7383 more than you would have paid a year ago.
Answer 1 of 48. Or is it too good to be true. These are the people buying 60000 trucks with leather interiors and all the bling.
Owners have reported having to pour up to a quart or two of oil in every 1000 miles or so. The survey found that. The word in.
And Chevy didnt fix the issue for the 2008 release either. But for those who can afford it customers are buying larger more expensive vehicles new. Thats a 30 hike over the same month in 2020 while a five-year-old vehicle will.
First supply chain shortages have forced manufacturers to produce fewer new cars driving up the cost and discouraging people many of which are suffering from financial hardships from buying new vehicles. Although used car auctions shut down a year ago due to the pandemic strong demand has fueled extreme price increases on preowned cars trucks. A 2007 Ford F-150 in mid-level trim had an MSRP around 27k and the 2016 equivalent is 35k.
Used pickup trucks have increased in price 25 percent in just one years time. Although there are several reasons to explain their popularity and steep prices first we must figure out when they became so popular. In January 2020 Eddie Lee was on the verge of selling his 2013 Dodge Charger.
The only trucks that didnt receive significant price increases include the Chevy and GMC 3500 or one-ton trucks. A stylized bird with an open mouth tweeting. Used car prices are expensive in 2021 largely because of a shortage of new cars.
Extended cab not. Its a sharp increase of 214 from the same time in 2020 when the average cost was 22679. Find 4 million cars for sale all in one place.
Why used and new cars are so expensive right now explained in 3 charts. Last year Toyota agreed to pay 34 billion to replace the frames on 15 million Tacoma Sequoia and Tundra trucks to settle. Im talking 10 year old trucks over 100k mi being sold for 15-20k.
The used Ram 1500 has the most massive price increase of 5911 from October 2019 with a 219 percent price increase. Ad Used Cars for Sale Ranked by Best Deals Price. Simultaneously record levels of unemployment and financial anxiety have encouraged people to buy used rather than new or simply keep.
The trucks Ive seen average about 450000-600000 miles years 2006-2011 prices start around 45000. More than 2 million used-car buyers are purchasing vastly overpriced used vehicles monthly. Kurczewski points out that reliability can only get vehicles so far.
Theyre expensive because people will pay. The average nine-year-old car changed hands for 13250 in June according to automotive research site Edmunds. If you wanted to buy an equivalent 2016 Accord it has an MSRP around 25k.
Trucks are not safer than cars no matter what youre led to believe especially not on ice. The frames brakes and transmissions are built to be used and abused for hundreds of thousands of miles and trucks are routinely among the most frequent vehicles to rack up 200000 miles. Trucks 4-5 years old with 40k being sold for 85-90 the msrp of brand new trucks.
So high that when you consider condition and coming repairs the higher interest rate for used loans that often buying a used truck is a bad decision. We get a lot of freezing rain where Im from and my little car does fine on it while. Deleted 4 yr.
The prices for any new truck with a full-sized beddecent towing capacity are pretty high and that raises the prices of used examples. Apart from guzzling fuel that particular engine also guzzles oil. But you can also buy a luxury truck kitted out like a luxury vehicle and a healthy markup.
Whether people use the capability or not its there. You can still buy a basic ass V6 single cab long bed truck for 20k-25k. Used truck prices in my area have always been ridiculously high.
It indicates the ability to send an email. So if you want a used beast you might be alright. I live in a rural-ish area and trucks are common and a commodity but the prices I saw for used trucks nearly killed me.
The 2013 F-150 SuperCrew is one of the most affordable full-size pickups that strikes the perfect balance of affordability and modern car features. A few months back I drove a rear-drive cloth-seat Chevy Silverado V-6 that cost 36000. I think its far more about ego than truck owners let on.
For just around 20000 you can get one of these used along with its powerful V8 engine mated to a six-speed automatic transmission. The Ram cost 9995 which means that today it would cost a little less than 21000. The average cost of used cars and trucks jumped 10 during the month of April and 21 from the same month a year before partly fueling a 42 increase in the most recent consumer price index from.
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