Sherman Bird
Senior Member
- Joined
- Jun 28, 2019
- Posts
- 1,581
- Reaction score
- 2,413
- Location
- Houston, Texas
- Ram Year
- 1998
- Engine
- 5.2
Define "micro" truck, please!My ram will be my last truck for that reason. And no I will not buy those micro trucks
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Define "micro" truck, please!My ram will be my last truck for that reason. And no I will not buy those micro trucks
As I've aged with observing things around me, I see how mindsets have. seemingly, shifted from self sufficiency to "Some one else will wipe my nose".There is no shortage. India just wants more for their rice and taking advantage that they can ask more.
Thankfully I don't need rice and can easily get ny without it but some cultures eat it everyday.
There was no shortage of eggs. They just raised the price but when people stopped paying $8 and they went bad, they lowered the price.
If you don't NEED a new vehicle, dont get one. My 2007 runs fine with 125k miles. No way I'm paying the prices today.
I don't get the panic. Never understood why everyone stocked up on toilet paper lol. I didn't crap more than usual during the pandemic.
Open your eyes --- I'm ahead of you.Maybe if you could keep up you could ask ChatGPT how to be funny.
True thisYou've been living under a rock huh? Lol. Prices of everything continue to climb, most everything is up at least 25% from where it was 2 years ago, sometimes 50-75% even. All of our part prices at work have gone up at least 40% thanks to Covid related issues i.e. steel prices/labor prices/transport prices have all soared
GM reported two billion income for the 2nd Qtr.
that is profit, not sales.
consumers keep forking it over.
Stellantis said it set new records for its financial results in the first half of 2023, including $12 billion (10.9 billion euros) in net profit.
Wh9 is holding those shares? That's the wall st vs main street myth. Company pensions are mostlyna thing of the past. They have been replaced with 401Ks and similar plans. Almost everyone with any kind of retirement savings has money in stocks through mutual funds. Even for the remaining pension funds, they don't keep their money under their mattress...it's in t he markets. So if you have anything beyond Social Security (which is all in government bonds), you are in the stock market.Closer to $25 million most years for the CEO and COO. $17 million for the CFO. Etc.
Then let's not forget dividends. That's where a lot of the profit goes, after all. Who's holding those shares?
Some 300x the wage of their average worker. Without wandering into the forbidden zone of political discussion, that's a path to feudalism. You already see it creeping in. Note real estate prices. Note how much residential housing is being bought by corporations who, in turn, rent it back out. Not local landlords, multi-state conglomerates. Political and economic power consolidated into fewer and fewer hands is not compatible with a large and healthy middle class, which is itself a historical aberration.
Check out the web site for the dealer in Kimbal. They are advertising 2024 2500 Laramies "coming soon " but they are shoing actual window stickers over $83k and they are not even diesels. I love my Ram, but it's gotten ridiculousFor example, up in St. Cloud there was a 23' Ram 3500 Laramie, Level 1, HO, midnight, sunroof, air ride, bed liner. No other real options to speak of....missing many things. 93k. A fully loaded 24' Chevy High Country 3500 Duramax, 89k. You're pushing 100k with an equivalent Ram 3500 Laramie. Get into the Limiteds, you're over 100k. Many I've seen on lots at MSRP are close to 110k. Ridiculous.
Wh9 is holding those shares? That's the wall st vs main street myth. Company pensions are mostlyna thing of the past. They have been replaced with 401Ks and similar plans. Almost everyone with any kind of retirement savings has money in stocks through mutual funds. Even for the remaining pension funds, they don't keep their money under their mattress...it's in t he markets. So if you have anything beyond Social Security (which is all in government bonds), you are in the stock market.
About the only other ex exception is military retired pay, but I spent 24 years in a blue uniform, so I won't apologize for it.
We have met wall street, and he us us
I agree but I don’t see it happening as long as people continue to pay MSRP. This won’t change until the demand stops.They really need to advertise 25% off to get these prices back in line!
A lot of people are already upside down. If you paid MSRP or more for a vehicle during covid and financed most/all of it, you are almost certainly below water. Answer to that problem is pay it off early, if possible.All of those who paid MSRP could be looking at a horrible situation in a few years if the economy tanks or if the economy improves and interest rates fall back to 3% or less. If that happens there will be lots of people upside down in their vehicles.
I’m proud to say I’ve never paid MSRP or anywhere close to it nor paid above average NADA value on a used vehicle.A lot of people are already upside down. If you paid MSRP or more for a vehicle during covid and financed most/all of it, you are almost certainly below water. Answer to that problem is pay it off early, if possible.
I purchased my 2023 Bighorn 5.7L in May of 2023. I paid $45,000 before taxes.Hi All,
I was reading a different thread on here (sorry, I forget which) and they were talking about RAM prices increasing by a lot. I guess I hadn't really paid attention so I went and looked at my 2021 1500 BigHorn's MSRP listing on my window sticker and then compared a 2023 RAM 1500 at a local dealer. I almost choked when I realized that the price jumped by 25%! My base MSRP was just under $40k ($39k + change). The new one was listed at just under $50k. MSRP. Before options. Wow. Just wow.
I haven't looked but is this pretty much the standard now across most trucks? Did all the manufacturers just decide to collude one day and raise everything 25%?
Greed greed greed. That's what it really comes down to. Yes inflation is sky high but corporate profits continue to set records above and beyond that. Many middle class people are being priced out of car ownership entirely. The AVERAGE car on American roads is 12 years old, and that number increases every year.Read articles that 60% or so, of inflation is due to sellers wanting a higher profit margin.