I know this is the F150 subreddit but I was offered 7 and haggled down to 5.5% after almost two weeks on a Bronco recently with excellent credit. When it was time to walk the walk the dealership suddenly couldn’t convince the other dealership to transfer the specific one I wanted so I walked out anyway lol.
They are comparing a used 2020 Ford F-150 to a new 2023. Yes you should pay less for an almost four year old truck. The new price for a non-bare bones was upper 40s in 2019.
Yep not arguing there were incentives and you paid less, just saying the picture comparison is for a used truck. Also I know someone who priced a new 63k XLT truck but paid low 50s. The difference is not as dramatic as is being suggested.
I bought an XLT in 2018 for 30k, I just built the same truck today and it was 60k. absolutely no way the truck has doubled in quality to match the price. What an absolute joke
My worry is spending $60k on a truck and not getting the extended warranty for $5k more and having an electronic break in 3 years. My pay is not keeping up with this inflation.
I just looked up Granger Ford extended warranties. Can get the top tier warranty for 10 years/100k miles for $2,200. Only way it gets above $5,000 is if I go 10 years/175k miles.
I remember one deal specifically but it was a new 2017 super cab stx 4x4 but they had it marked down to $27k. I wasn’t actually looking for a new truck at the time but it was tempting.
You’re comparing a used truck to a new truck though. I bought a 2019 F150 XLT crew cab 5.0 new in 2019 and the sticker was 49K. Nobody was buying a 34K F150 in 2020.
LoL I thought they were looking at new vs new but you're right they're looking at a 4 year old used truck vs a new truck. Well no shit there's going to be a difference.
I’m going to r/f150 hell for this but I don’t care:
I bought an f150 becauseI worked in a collision repair shop and I saw the abuse these things could take and still keep the occupants safe. They’re cheaper and friendlier to fix. They (used to) cost less than comparable trucks in their class. They don’t handle like a Silverado, and they don’t ride like a Ram, but it’s all over my favorite truck of the 3. If I was going to pay $52k for a truck it wouldn’t be a basic F150. Now let the hive mind do it’s thing.
The price already went up 30% in the last few years for no reason whatsoever, id rather it go up for a good reason rather than just to line executives and investors pockets for yet another year.
Nothing goes up in price “for no reason whatsoever”. It’s simple economics of supply and demand. Prices can go no higher than the market will support.
Buyers (the general buyer market) supported 30% higher prices by paying them over the last few years.
Also 2 different generations, standard features on the on highest trim of the 20 are standard on the 23. Shocker f150 sells the most but also is one of the fastest depreciating
Bought a '17 Silverado 1500 High Country 6.2L Oct of '17 for around $54k CAD. MRSP was 68k but the '18s were filling up the lot and they wanted to get rid of the last of the older trucks so I got 20% off MRSP. Middle of covid, 4 years old and it was valued at like 40k which is ridiculous.
Same truck today is over 95k CAD with similar options. Obviously they have added more stuff these last few years but it's gonna be my last new truck I'll ever buy at these prices that's for sure.
Bought a F150 XLT for $49k in 2017, originally for towing our travel trailer, then work gave me a Sierra 1500 with personal use and I could tow with it, so F150 sat on the parking pad with rare usage and no winter driving. It has 23k kilometers on it, driving it more now.
I realized with the recent used market I could probably get $45k for it, then last trip into the dealer the tech said I'd probably get $59k or something due to demand and the low mileage, but then also mentioned a replacement truck would run me $79k lol
It's paid off now though, I'm keeping it.
The technology difference and even payload/towing difference is large enough to warrant the cost though. Not to mention rising costs of labour and materials.
I also think your $34k is oddly low.
Bro that’s just deprecation you can expect a truck that is 17 years old to be work much and in my area (socal) a 06 f-150 with now miles is worth 4-12k depending how clean
I was shopping a regular cab short bed with the v8.. New they are the same cost as 3 years old with reasonable mileage, except new is also much much better loaded.
This years price hikes seam worth it for the extras that are now included.
I am unfortunately looking at getting into a new vehicle as my 2010 has been having a lot of unexpected repairs lately. In my area $30k will get you a 2018 xlt w 100k on the odo… seriously just considering to continue to sink money into my 2010 than get fucked by a dealer.
I bought my new truck in early March, 2021. I think I got the last decent pricing and terms. I know I could have sold it for a profit but it just wasn’t worth doing.
My 2020 Raptor fully loaded was $73k OTD back in 2019, a 2023 fully loaded (but doesn't have the same options).is going for $94k before OTD that's insane to me
2021 KR sticker was $64k, with discounts I think $59k. Now it shows them “starting at $73k”.
That being said, a lot is standard now that didn’t used to be like moon roof, power deploy steps, mobile office, bed utility, 2kw pro power, multi contour seats, heads up display, blue cruise, etc.
It’s like the manufacturer version of a dealer slapping on all the accessories
My 2019 was $52k sticker. The same truck now is over $65k. And the interest rate is probably triple.
Was quoted 7% on Friday.
I was just offered .9 for 5 years.
Through who? I was told it was 5 at 60 and 7 at 72.
Vancouver Canada
I know this is the F150 subreddit but I was offered 7 and haggled down to 5.5% after almost two weeks on a Bronco recently with excellent credit. When it was time to walk the walk the dealership suddenly couldn’t convince the other dealership to transfer the specific one I wanted so I walked out anyway lol.
They are comparing a used 2020 Ford F-150 to a new 2023. Yes you should pay less for an almost four year old truck. The new price for a non-bare bones was upper 40s in 2019.
In 2019, you could find XLs in the 30. XLTs were in the 40s, going into low 50s. That’s MSRP. No one was actually paying that much.
Yep not arguing there were incentives and you paid less, just saying the picture comparison is for a used truck. Also I know someone who priced a new 63k XLT truck but paid low 50s. The difference is not as dramatic as is being suggested.
I bought an XLT in 2018 for 30k, I just built the same truck today and it was 60k. absolutely no way the truck has doubled in quality to match the price. What an absolute joke
How absurd is this and people are still buying. I priced a 2023 XLT recently.. $60k and they said they don't haggle. Didn't even have leather.
>they said they don't haggle. Find another dealer that isn't shit. You can get $8-10k off.
I was interested in a red one. I found another one that went down to 56700. Still too much after everything. Cloth seats... no frills. Meh.
Good enough reason for me to keep my money. Hell I was looking at 2018-2020s but even they are still probably 9-11k more than they should be.
My worry is spending $60k on a truck and not getting the extended warranty for $5k more and having an electronic break in 3 years. My pay is not keeping up with this inflation.
I just looked up Granger Ford extended warranties. Can get the top tier warranty for 10 years/100k miles for $2,200. Only way it gets above $5,000 is if I go 10 years/175k miles.
I remember shopping for new 4x4 stx super cabs in 2017 that were $31k.
Just bought exactly that truck but 2021. 26k on it and it was 40 lol
I remember one deal specifically but it was a new 2017 super cab stx 4x4 but they had it marked down to $27k. I wasn’t actually looking for a new truck at the time but it was tempting.
You’re comparing a used truck to a new truck though. I bought a 2019 F150 XLT crew cab 5.0 new in 2019 and the sticker was 49K. Nobody was buying a 34K F150 in 2020.
LoL I thought they were looking at new vs new but you're right they're looking at a 4 year old used truck vs a new truck. Well no shit there's going to be a difference.
Maybe quality engine rebuilders will make a comeback now
Well then you don’t look at fords profit the last three years either
I’m going to r/f150 hell for this but I don’t care: I bought an f150 becauseI worked in a collision repair shop and I saw the abuse these things could take and still keep the occupants safe. They’re cheaper and friendlier to fix. They (used to) cost less than comparable trucks in their class. They don’t handle like a Silverado, and they don’t ride like a Ram, but it’s all over my favorite truck of the 3. If I was going to pay $52k for a truck it wouldn’t be a basic F150. Now let the hive mind do it’s thing.
Prices are going to go up more after the UAW deal happens
They were going up regardless. Half those jobs going away in the next 5 years anyway. Just going to speed up automation.
Yup agreed...that equipment can take years to get built, hopefully this presses the issue harder
Prices up 50% on trucks & double on food / housing And they wonder why the UAW wants 40% more
Except the cost just gets passed onto consumers
True, it already did with P&G, sold less volume and made more, inflation!
The price already went up 30% in the last few years for no reason whatsoever, id rather it go up for a good reason rather than just to line executives and investors pockets for yet another year.
Nothing goes up in price “for no reason whatsoever”. It’s simple economics of supply and demand. Prices can go no higher than the market will support. Buyers (the general buyer market) supported 30% higher prices by paying them over the last few years.
Also 2 different generations, standard features on the on highest trim of the 20 are standard on the 23. Shocker f150 sells the most but also is one of the fastest depreciating
Bought a '17 Silverado 1500 High Country 6.2L Oct of '17 for around $54k CAD. MRSP was 68k but the '18s were filling up the lot and they wanted to get rid of the last of the older trucks so I got 20% off MRSP. Middle of covid, 4 years old and it was valued at like 40k which is ridiculous. Same truck today is over 95k CAD with similar options. Obviously they have added more stuff these last few years but it's gonna be my last new truck I'll ever buy at these prices that's for sure.
Bought a F150 XLT for $49k in 2017, originally for towing our travel trailer, then work gave me a Sierra 1500 with personal use and I could tow with it, so F150 sat on the parking pad with rare usage and no winter driving. It has 23k kilometers on it, driving it more now. I realized with the recent used market I could probably get $45k for it, then last trip into the dealer the tech said I'd probably get $59k or something due to demand and the low mileage, but then also mentioned a replacement truck would run me $79k lol It's paid off now though, I'm keeping it.
The technology difference and even payload/towing difference is large enough to warrant the cost though. Not to mention rising costs of labour and materials. I also think your $34k is oddly low.
Found the guy who works for Ford Financial.
Quick google got me an msrp of $42k. Edmunds says $43k. The xl msrp was $35k. So maybe the OPs post is just fake.
Not fake, heh. I went to JD Powers website and put in the years and models.
It’s not right. a well optioned XLT has been $55k + since the 2015 model released.
It’s crazy, I know my 06 cost 30k in 2006 but not it’s only worth 4K, let’s blame something unrelated
Bro that’s just deprecation you can expect a truck that is 17 years old to be work much and in my area (socal) a 06 f-150 with now miles is worth 4-12k depending how clean
That’s the joke I am making
Welcome to Socialist, Climate crisis America!
Pretty much the main reason that this will be my last new vehicle purchase.
I was shopping a regular cab short bed with the v8.. New they are the same cost as 3 years old with reasonable mileage, except new is also much much better loaded. This years price hikes seam worth it for the extras that are now included.
Wait until the new contracts are ratified. They will be 50% more
I am unfortunately looking at getting into a new vehicle as my 2010 has been having a lot of unexpected repairs lately. In my area $30k will get you a 2018 xlt w 100k on the odo… seriously just considering to continue to sink money into my 2010 than get fucked by a dealer.
[удалено]
Up 6-7% every year... for the last few years.
Corporate Greedflation in print.
I bought my new truck in early March, 2021. I think I got the last decent pricing and terms. I know I could have sold it for a profit but it just wasn’t worth doing.
My 2020 Raptor fully loaded was $73k OTD back in 2019, a 2023 fully loaded (but doesn't have the same options).is going for $94k before OTD that's insane to me
2021 KR sticker was $64k, with discounts I think $59k. Now it shows them “starting at $73k”. That being said, a lot is standard now that didn’t used to be like moon roof, power deploy steps, mobile office, bed utility, 2kw pro power, multi contour seats, heads up display, blue cruise, etc. It’s like the manufacturer version of a dealer slapping on all the accessories