With Diesel at >$4.00/gallon, what will happen to truck prices? - Ford Powerstroke Diesel Forum
Fuel Price Area Discussions A place to discuss the fuel prices in your areas.

Powerstroke.org is the premier Diesel Truck Forum on the internet. Registered Users do not see the above ads.
Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 04-30-2008, 02:57 PM
Member
 

Join Date: Jan 2008
Posts: 50
Thanks: 0
Thanked 0 Times in 0 Posts
Feedback Score: 0 reviews
With Diesel at >$4.00/gallon, what will happen to truck prices?

The title says it all. What are you guys' opinions?
Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
  #2  
Old 04-30-2008, 03:01 PM
Powerstroke.org Sponsor

 

Join Date: Oct 2006
Location: Ventura County, CA
Posts: 20,359
Thanks: 23
Thanked 23 Times in 14 Posts
Feedback Score: 2 reviews
Send a message via AIM to Raul@Stealth Automotive
Quote:
Originally Posted by beast7.3 View Post
The title says it all. What are you guys' opinions?
i think truck prices are going to go down... expect to see a lot of factory rebates and 0% financing...
Reply With Quote Quick reply to this message
  #3  
Old 04-30-2008, 03:01 PM
Compression Ignition Addict
 

Join Date: Apr 2007
Location: Houston, TX
Posts: 1,815
Thanks: 0
Thanked 0 Times in 0 Posts
Feedback Score: 0 reviews
well i paid 4.10 today but i think one of two things will happen. one the diesel truck market will majorly decline so the truck prices will go down, or you will have to be rich to buy, and drive one lol. i see these new trucks hittin 70k
Reply With Quote Quick reply to this message
  #4  
Old 04-30-2008, 05:58 PM
Infidel

 

Join Date: Jun 2006
Location: Texas
Posts: 5,167
Thanks: 0
Thanked 0 Times in 0 Posts
Feedback Score: 0 reviews
Quote:
Originally Posted by TxPSD9673 View Post
well i paid 4.10 today but i think one of two things will happen. one the diesel truck market will majorly decline so the truck prices will go down, or you will have to be rich to buy, and drive one lol. i see these new trucks hittin 70k
I agree with you about the prices but I don't see how they are going to sell them. I mean 70K!!!! A little less than a year ago I looked at (was the dealer for parts not truck shopping) an F-350 King Ranch 4X4 SRW, gorgeous truck, sticker was close to 60K. I thought to myself "No way". I mean even with 0% financing yikes!
Craig
Reply With Quote Quick reply to this message
  #5  
Old 04-30-2008, 07:26 PM
Rice Hunter
 

Join Date: Aug 2007
Location: Norfolk,VA...Near the beach
Posts: 4,036
Thanks: 0
Thanked 0 Times in 0 Posts
Feedback Score: 0 reviews
Yup, prices are already going down here and many more diesels are showing up in used car lots. Gonna get tuffer unfortunately. I think the demands are gonna start settling down a bit due to prices
Reply With Quote Quick reply to this message
  #6  
Old 04-30-2008, 08:31 PM
Compression Ignition Addict
 

Join Date: Feb 2008
Location: Chester, NJ
Posts: 185
Thanks: 0
Thanked 0 Times in 0 Posts
Feedback Score: 0 reviews
I think truck prices will pretty much stay where they are, unless the cost diesel goes through the roof- like $6 or $7 a gallon. Dealerships around me are selling them for invoice, but thats about as low as they'll go. A guy at work said the other day that he bets you can get one for like $15K off the sticker. I think that is extremely wishful thinking to say the least. The dealership would rather pay the interest (their floor planning) and let the trucks sit, then take that big of a loss. Remember that this surge in oil prices is a "bubble" and like all past "bubbles" (housing market, tech stocks, etc.), it will burst and when it does, the prices at the pump will drop like a lead ballon. Now I'm not saying diesel will return to under $2/gallon, but I'd bet it goes under $3. We'll know more as we get closer to the presidential election in November.
Reply With Quote Quick reply to this message
  #7  
Old 04-30-2008, 08:44 PM
Compression Ignition Addict
 

Join Date: Mar 2007
Location: Not far from Folsom Prison
Posts: 663
Thanks: 0
Thanked 0 Times in 0 Posts
Feedback Score: 0 reviews
My truck is too sweet to let go, therefore I pay more, Thank Dubya, If you lack the intelligence to figure out whats happening I suggest you buy a Pinto.
Reply With Quote Quick reply to this message
  #8  
Old 05-01-2008, 03:13 PM
Compression Ignition Addict
 

Join Date: Feb 2008
Location: Chester, NJ
Posts: 185
Thanks: 0
Thanked 0 Times in 0 Posts
Feedback Score: 0 reviews
Quote:
Originally Posted by planeoldguy View Post
My truck is too sweet to let go, therefore I pay more, Thank Dubya...
I too like my truck too much to let it go, so I'll continue to pay. Hopefully, we'll see some relief soon!

Quote:
Originally Posted by planeoldguy View Post
....If you lack the intelligence to figure out whats happening I suggest you buy a Pinto.
?.......
Reply With Quote Quick reply to this message
  #9  
Old 05-01-2008, 03:33 PM
Compression Ignition Addict
 

Join Date: Mar 2008
Location: Atlanta
Posts: 203
Thanks: 0
Thanked 0 Times in 0 Posts
Feedback Score: 0 reviews
Send a message via AIM to Streak
Oil actually dropped a bit today to $111/barrel, down from 120+ (I forget what the record is), which is nice.

In terms of the truck market, I would theorize that people who merely drove these trucks "because they like them" and don't do any towing/hauling will get rid of them. A larger supply of them pushes prices down. With really attractive used truck prices, fewer people will buy new trucks, and manufacturers will have to really push them. While I understand a lot of the reasons for loaded trucks costing near 60k, manufacturers have to start lowering the amount of profit they make on the trucks in order to continue selling them....
Reply With Quote Quick reply to this message
  #10  
Old 05-01-2008, 03:38 PM
Compression Ignition Addict
 

Join Date: Apr 2007
Location: lewiston, Id.
Posts: 5,008
Thanks: 0
Thanked 0 Times in 0 Posts
Feedback Score: 1 reviews
I see oodles and oodles of diesel trucks flooding the local used lots. obviously the cost of fuel is efecting people. esp the ones that dont really need a big diesel truck. problem is now the dealerships are loaded with diesel trucks and they are still trying to get blue book for them! and the dealers around her DO NOT GO DOWN ON LISTED PRICE!

the market saturation is not going in the direction I was hoping it would so Im still waiting to buy a superduty.
Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Ford Powerstroke Diesel Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
If you do not want to register, fill this field only and the name will be used as user name for your post.
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -8. The time now is 01:54 PM.


Powered by vBulletin® Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.1
Garage Plus, Vendor Tools vBulletin Plugins by Drive Thru Online, Inc.

vB.Sponsors