4 ms·
Even IC trucks are pretty close to 70k these days
by tcbawo 3y ago
Even IC trucks are pretty close to 70k these days
- WillPostForFood 3y agoMany IC trucks are expensive, but the best selling truck, the Toyota Tacoma has a base price of only 28k. Realistically, they end up being mid-30s once outfitted by the dealer, but still a big value compared to the lightning.
- mikeyouse 3y agoTechnically the F-150 has a base price of $33k -- but in the real world, the ASP for one is north of $60k now. Similar to how the $28k starting-price Tacoma actually sells for north of $40k on average.
- kubectl_h 3y agoThe price is going up in '24 as well, by about 4k per model. However they are putting their Co-Pilot package (blind spot info system, collision detection, lane keep), extended range fuel tank and 12" screen standard across the board. This is bound to annoy fleet purchases but overall at 37K it's a nice truck at the basic trim level. The Co-Pilot stuff is good to have standard as it increases the safety of the big, unwieldy trucks.
- alephnerd 3y agoSome of those higher priced models are priced so business owners and the truck manufacturer can optimize for the Business Use Depreciation Deduction [0] [1] (and also convos with family friends) [0] - https://turbotax.intuit.com/tax-tips/small-business-taxes/business-use-of-vehicles/L6hi0zzzh https://turbotax.intuit.com/tax-tips/small-business-taxes/bu... [1] - https://www.crestcapital.com/section-179-deduction-vehicle-list-over-6000-lbs#section2 https://www.crestcapital.com/section-179-deduction-vehicle-l...
- JumpCrisscross 3y agoDoes § 179 look at price? I thought it's only based on weight.
- alephnerd 3y agoIt's based on weight, but the $70k+ models tend to weigh around 10,000-14,000 LB
- itsyaboi 3y agoNot even close.
- alephnerd 3y agoA new GMC Sierra Denali and mega cab RAM 3500 goes for around that much - though to be fair, it's often bought be people who either have more money than sense or (more commonly) by someone running a small business that requires lugging stuff (eg. Construction)
- itsyaboi 3y agoNeither of those trucks weigh anywhere near the quoted weights. The average full size pickup is around 6000 pounds.
- alephnerd 3y agoA Megacab 3500 for both GMC and RAM is 16,000 LB, is covered by Section 179, and $70k+. They're also amazing workhogs.
- itsyaboi 3y agoAh, I see you're quoting the "every seat occupied, full load, with a trailer attached" weight. To be clear, the trucks you referenced weigh only ~7000 pounds.