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10 February 2018, 05:41 AM
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#1 |
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"TRF" Member
Join Date: Dec 2017
Real Name: Jim
Location: Mass
Watch: BLNR
Posts: 439
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My New Truck Cost Three Times what my Dad Paid for his House
I'm sure he wouldn't have believed it back then if someone told him a new pickup truck would cost 55k. Of course, that was 1965, but still......
Oh, and it's not a Lincoln or a Cadillac.....just a GMC. (Some of their models were approaching 80k!) |
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10 February 2018, 05:59 AM
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#2 | |
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Banned
Join Date: Aug 2014
Location: Calumet Harbor
Watch: ing da Bears
Posts: 13,568
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10 February 2018, 06:00 AM
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#3 |
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"TRF" Member
Join Date: Apr 2015
Location: Houston
Posts: 17,622
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not exactly... a house bought for 55k in 1965 is the same as buying a $430k house today. Inflation. The truck cost no where near what his house did.
In reverse that 55k truck is the same as spending 7k for one in 1965 I constantly argue with my grandma about this
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10 February 2018, 06:43 AM
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#4 |
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"TRF" Member
Join Date: Jan 2018
Real Name: Vince
Location: Michigan
Posts: 547
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Well, Voltaire already said that all fiat currencies tend towards their intrinsic value (zero). But all jokes aside, inflation is by no means all bad.
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10 February 2018, 07:53 AM
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#5 |
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"TRF" Member
Join Date: Jun 2015
Real Name: Mark
Location: Washington State
Watch: SUBS and GMT's!
Posts: 9,664
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Hey Jim, congrats, but this thread needs some pics of the new truck.
__________________
Judge Smails: Ty, what did you shoot today? Ty: Oh, Judge, I don't keep score. Judge Smails: Then how do you measure yourself with other golfers? Ty: By height. |
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10 February 2018, 08:21 AM
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#6 | |
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2024 Pledge Member
Join Date: Oct 2011
Real Name: Seth
Location: nj
Watch: Omega
Posts: 24,834
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Quote:
GMC makes great trucks!!
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If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff) |
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10 February 2018, 09:24 AM
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#7 |
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2024 SubLV41 Pledge Member
Join Date: May 2011
Real Name: Dave
Location: Scottsdale, AZ
Watch: Just one more
Posts: 1,062
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Great truck...yes, unbelievable prices these days!!
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10 February 2018, 10:28 AM
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#8 | |
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2024 SubLV41 Pledge Member
Join Date: Sep 2012
Real Name: Merle
Location: USA
Watch: Rolex
Posts: 2,543
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Quote:
 They are great trucks!! My wife just picked up a 2018 Denali 2500 and it’s gorgeous. Congrats on your new truck!!  
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10 February 2018, 10:46 AM
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#9 |
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2024 SubLV41 Pledge Member
Join Date: Mar 2010
Real Name: Rick
Location: Smokin' Heaven
Watch: Rolex & Tudor
Posts: 3,867
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Introduction of the club cab changed everything for pick up truck sales. Before that they couldn't give them away half the time.
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Simple solutions solve complexed problems more often than complexed solutions solve simple problems! 
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10 February 2018, 10:51 AM
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#10 |
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"TRF" Member
Join Date: Jul 2011
Real Name: Brandon
Location: Indianapolis
Watch: my money vanish
Posts: 8,506
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Yep. It has got to a point of insanity.
My 2015 Silverado High Country was $4000 or so less than my 2017. Virtually the same truck. The new one was $56,000 or so. The new F150 Limited I looked at was $67,000. Chevy is redesigning their trucks for 2019 and I am sure they will get up there with the Fords. This may be my last truck. At $70k I go back to a big body Lexus SUV. Sent from my iPhone using Tapatalk Pro |
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10 February 2018, 10:52 AM
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#11 | |
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"TRF" Member
Join Date: Dec 2014
Real Name: Steve
Location: Atlanta
Watch: Jackie Stewart DD
Posts: 5,661
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Quote:
(not mine BTW)
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10 February 2018, 10:55 AM
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#12 |
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"TRF" Member
Join Date: Apr 2008
Location: Hudson Ohio
Posts: 3,564
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A buddy of mine just bought a 2018 Yukon, the prices are insane.
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10 February 2018, 11:05 AM
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#13 |
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Banned
Join Date: Jul 2014
Location: Bethesda
Watch: Apple TV
Posts: 5,744
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congrats.
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10 February 2018, 12:10 PM
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#14 |
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2024 SubLV41 Pledge Member
Join Date: Jun 2013
Real Name: nicholas
Location: ottawa canada
Watch: Rolex,AP,Panerai
Posts: 10,410
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Congrats Jim! No pics?? Don’t be shy!
Sent from my iPhone using Tapatalk |
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10 February 2018, 12:17 PM
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#15 |
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Banned
Join Date: Aug 2015
Location: Ellijay, GA
Posts: 1,504
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The only way I'll be able to spend $60k+ on a vehicle and still be practical.
 https://www.dodge.com/durango/srt.html |
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10 February 2018, 12:56 PM
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#16 | |
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2024 SubLV41 Pledge Member
Join Date: Jun 2013
Real Name: nicholas
Location: ottawa canada
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Posts: 10,410
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Quote:
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10 February 2018, 03:32 PM
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#17 |
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2024 SubLV41 Pledge Member
Join Date: Sep 2012
Real Name: shannon
Location: usa
Posts: 9,211
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My dad paid $13,500 for his first house in 1964. He bought a new GTO in 66...under $3,000. Wish he still had that GTO...red, 6 pack...
Sent from my iPhone using Tapatalk Pro |
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11 February 2018, 01:19 AM
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#18 |
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Banned
Join Date: Jul 2014
Location: Bethesda
Watch: Apple TV
Posts: 5,744
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my grandfather paid 120k in 1955 for their house.
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11 February 2018, 04:13 AM
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#19 | |
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"TRF" Member
Join Date: Dec 2017
Real Name: Jim
Location: Mass
Watch: BLNR
Posts: 439
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Quote:
[IMG]  [/IMG][IMG]  [/IMG][IMG]  [/IMG]
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11 February 2018, 04:24 AM
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#20 | |
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"TRF" Member
Join Date: Apr 2015
Location: Houston
Posts: 17,622
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Quote:
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11 February 2018, 04:28 AM
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#21 |
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Banned
Join Date: Jul 2014
Location: Bethesda
Watch: Apple TV
Posts: 5,744
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beauty
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11 February 2018, 05:54 AM
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#22 |
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"TRF" Member
Join Date: Nov 2014
Location: U.S
Watch: Submariner 116610
Posts: 659
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Nice ...I have a new F150 super crew 4x4 and absolutely love it
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11 February 2018, 06:02 AM
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#23 |
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"TRF" Member
Join Date: May 2010
Real Name: Dan
Location: USA
Watch: This N That
Posts: 34,253
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The part that bothers me the most is how much and fast they depreciate.
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When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
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11 February 2018, 01:20 PM
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#24 |
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Member
Join Date: Jul 2014
Real Name: Roger
Location: ...
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Posts: 6,309
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11 February 2018, 02:04 PM
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#25 |
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"TRF" Member
Join Date: Aug 2011
Real Name: Josh
Location: Lost in time
Watch: Me Nae Nae
Posts: 9,823
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Cost aside congrats on the new truck!
Sent from my iPhone using Tapatalk
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"Sometimes the songs that we hear are just songs of our own." -Jerome J. Garcia, Robert C. Hunter
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11 February 2018, 10:07 PM
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#26 |
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2024 SubLV41 Pledge Member
Join Date: Jun 2013
Real Name: nicholas
Location: ottawa canada
Watch: Rolex,AP,Panerai
Posts: 10,410
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Nice looker...and holy ice batman!
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12 February 2018, 01:43 PM
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#27 |
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"TRF" Member
Join Date: Oct 2007
Real Name: Bill
Location: East Bay RI
Watch: GMT-II 16710LN
Posts: 12,074
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The prices are outrageous. I suspect that's why so many people perpetually lease.
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I bought a cheap watch from the crazy man Floating down canal It doesn't use numbers or moving hands It always just says "now" Now you may be thinking that I was had But this watch is never wrong And if I have trouble the warranty said Breathe In, Breathe Out, Move On J. Buffett Instagram: eastbayrider46 |
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12 February 2018, 02:27 PM
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#28 | |
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"TRF" Member
Join Date: Aug 2010
Location: alabama
Watch: 1972 Red Sub
Posts: 208
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Quote:
But not nearly as much as a car. Bought my son a 2014 GMC Sierra when he turned 16 it had 20000 miles on it and I Paid 35000 he was rear ended last year in that truck and it was totaled. It had 45000 on the odometer and the Insurance company paid me $34000. That is holding value pretty good I thought. |
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12 February 2018, 03:18 PM
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#29 |
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"TRF" Member
Join Date: May 2012
Real Name: Alex
Location: Gotham City
Watch: IG: Mr_Right_NYC
Posts: 5,672
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It’s called inflation.
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12 February 2018, 03:29 PM
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#30 |
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2024 SubLV41 Pledge Member
Join Date: Apr 2008
Real Name: Rommel
Location: Toronto Canada
Watch: 116710LN
Posts: 9,205
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Congrats on the new truck
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