$82k- edit; for a 4 door Jeep Rubicon

[Beendare]

For those that have not been paying attention to the effects of bad policy and inflation….

EDIT; A buddies wife just paid $82k for a fully loaded Rubicon OTD- ridiculous. Now she can afford it but wow…have the price of these new vehicles gone up or what?

I bought my fully loaded Ram limited with air suspension in 2019 for $48k otd. That same truck now is $75k + around here…then add interest rates have gone way up…...how are young folks going to afford it?

 

[gwtravis]

it sounds like a bad policy cancel-out. that’s a neologism of four words with two in agreement and one consequence that screws us all.

 

[Donk]

Homes, vehicles and interest rates are crazy. I don’t know how people are doing it right now.

 

[axeforce6]

Did she buy two of them? A loaded limited is around 38k msrp

 

[Sapcut]

Please tell me why...why on God's wonderful earth would any sane human being pay anywhere near $75k for a machine manufactured by one, if not the, worst auto manufacturers on said earth?

 

[BRTreedogs]

Fixed it for ya...

Do you know it doesn't make her money?

 

[MuleyFever]

…...how are young folks going to afford it?

Why do young folks need to be trying to spend $75k+ on a vehicle? Plenty of other options out there.

 

[Hnthrdr]

Shoot average price of a new car is upper 40k, used stuff is up around 30k. Saw 2019 4 runner sr5 with 45k miles for 38k, not many bargains or deals to be had these days, and no relief in sight as autos go.

 

[tony]

Believe I posted pics of a Dodge TRX on the lot with a sticker of $122,000.00
The Hell Cat inside was cheaper at $92,000.00

I had a damn panic attack buying Ford Ranger with a sticker of $42,000.00, which after trade, cash down and the dealer coming down about $1500.00 my total was around 26ish.

There is the "Jeep Tax" as I've heard it called. The price you pay to drive a Jeep. Ever notice how many Jeep products are on used car lots? A lot around here. When I was looking I really wanted a 6 speed Gladiator, just not the $50 some thousand price tag.

No idea how people afford these crazy car prices. Must the same ones paying over the asking price of a house.

 

[WyoBowhunter21]

It’s a good question. My wife wanted to bump up to an expedition until we started looking at new and then used. We can find used with 30k mikes for $50k. This is insane. Heck every time I take my truck to the dealer they come offering me a cash buyout or tell me I can get into a new one for cheaper payment (there is no payment). I always ask what they have that’s equal to it but new. A new f150 xlt is like $60k! Don’t get me started on houses. The average home prices are insane. I often think about young people starting out getting slapped with a $1800 month apartment and little chance to afford a home. For those that have a home with a low interest rate, you’re basically stuck if you wanted to move. Rant over.

 

[Billy Goat]

They charge those prices, because they can get those prices.


Look at the Raptors, Tremors, Power wagon, whatever package trucks that people pay for.



Generally companies know or figure out what they can and can't sell. Prices are where they are because they can be. Nobody needs those vehicles, they want them.


I'm going to actually need another 1ton truck, prices are stupid.

 

[Ten Bears]

the point the OP is making is that a lot of things, trucks/jeeps/etc in particular have drastically increased in price.

when I bought my first new car when I was in my 20’s people actually congratulated me for being able to make enough money to purchase a new car. the ratio of earnings and what my dollar got wasn’t out of wack like it is now.

even scarier is the disdain people have on here for folks spending and making money. obviously we all should be responsible with our spending but I do feel bad for people just starting out. cost of everything, houses, food, insurance, vehicles, fuel, healthcare, services, are out of control.

 

[PNW bow hunter]

For those that have not been paying attention to the effects of bad policy and inflation….

A buddies wife just paid $82k for a fully loaded Renegade OTD- ridiculous. Now she can afford it but wow…have the price of these new vehicles gone up or what?

I bought my fully loaded Ram limited with air suspension in 2019 for $48k otd. That same truck now is $75k + around here…then add interest rates have gone way up…...how are young folks going to afford it?

Are you sure it was a renegade?

If so she got hooked up like a tow truck!

The renegade is the little suv the size of a Kia soul

The most expensive one is $32k here in Oregon

Something doesn’t smell right here.

 

[chapman8523]

Breaking news!!!!!!!!!!! People dont have to buy a new rig!!!!!!!!!!!!!! They can buy used stuff!!!!!!!!!!!!

Here in Alaska the used stuff is just as bad or worse.

 

[Trr15]

I’ve been shopping for a vehicle for my daughter who turns 16 in a few weeks and I just can’t believe what dealers are asking for used cars. My local Toyota dealer has a 2015 Forerunner TRD with 210k miles priced at $27k. Prices are F’n nuts!

 

[Marbles]

People paying that much for that vehicle are lazy. Put in some effort and don't be too picky and you can have one for MSRP. If I select the most expensive Renegade and add every extra to it, MSRP is still under 40K. She made somebody at the dealership very happy that day.

 

[actionshooter]

I needed a new truck this year and couldn't stomach the price... I took my old 2012 F150 that I bought with 9k miles on it in 2013 and had a new engine, front-end, bearings, brakes, tranny, u joints, literally EVERYTHING but a transfer case. and diffs. Even got a new bumper and 13K winch.... $26,000 Couldn't be happier, even have a detail being done in a couple weeks. Well worth the money

 

[Marbles]

I had just edited my post, but decided to make a new one as someone had already liked it and they may not want to be associated with this soap box.

A local dealer has a Renegade Altitude 4x4.with a sticker price of $35,979. Add 6k for a short notice first class plane ticket, 10k for a very comfortable drive from Soldotna, AK to anywhere in the lower 48, and figure 2 weeks of unpayed vacation at 10K and she would have saved 20K and gotten an adventure to boot. Lets ignore the fact that I have flown short notice coach for $400 and driven from Anchorage to Arkansas for under $1500 to include tire change over (winter trip) and oil change and made the drive solo in under 5 days.

Or, just figure 4k to ship it and she would have saved 42K.

What young people are to do is abandon the example of the old and stop being lazy and playing victim by blaming the outcome of lazy ignorance on "policy." If more people would do that, we would have less bad policy because practically no one who has been elected in the past 30 years would have been elected by a responsible electorate.

 

[Billy Goat]

I think this is a miss type, I assume Beendare ain't super familiar with jeeps, I'm a former jeep guy and don't know all the names.


A current Rubicon model has MSRP north of 90k, I assume this is likely the model he is referring to. Seems cool, a hemi 392, 460hp in a kinda small vehicle.

Not $90k cool, but people pay it, so I can't fault them. It's like having a Mercedes, or BMW, vehicles are just tools to me.

 

[Yoder]

How about people start living within their means. I read an article about what financial experts say you should spend on a vehicle. They recommended not spending more than 35% of your gross income. So unless your friends wife is making $240k/year, she spent too much. I have this weird thing where this actually makes me angry. It's none of my business what other people do and if it makes them happy that's great. I think it pisses me off so much that people are feeding into this. Inflation is not why vehicles cost so much. The reason they cost so much, is people are willing to pay it. I can't even imagine being enslaved to paying off an $83k vehicle. Imagine what you could do with that extra money.