Crespro
SoCal
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BobsYourUncle wrote:Crespro wrote:Hello,
Interesting thread. I have taught Dave Ramsey FPU for ten years. He has good advice on personal finances.
Interesting you mention teaching Dave Ramsey FPU. I used to listen with great fascination to his spot on Siruis years ago. Channel 151? I forget now. I learned a lot, even though I didnt always agree with some concepts, he had the credentials, so I knew he was right and I was wrong. Wonderful teacher!
And he was very much against leasing a vehicle.
Now, do you remember what he called a lease?
Dave Ramsey does not like a lease, for good reason. He also likes buying used. We have bought DD's off a three year lease return for a good price. We bought the F250 new because that was the only way to have the 7.3L, 4.30, ten speed and LB in one truck. So far so good. This is a keeper!
Crespro 2021 Grand Design 310GK-R, 2020 F250LB, 7.3L, 4.30, Reese 27K
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NJRVer
NJ
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Back to OP's original title:
Back in November 1984 I ordered a brand new 1985 Dodge D-150 with stereo, A/C, 318V8, and 4sp od.
Price...$10,000.
I thought WHAT!!!! $10,000 for a pickup truck!!!! OMG!!!!
Just to keep it in perspective.
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BobsYourUncle
Calgary Alberta Canada
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Crespro wrote:BobsYourUncle wrote:Crespro wrote:Hello,
Interesting thread. I have taught Dave Ramsey FPU for ten years. He has good advice on personal finances.
Now, do you remember what he called a lease?
Dave Ramsey does not like a lease, for good reason.
Dave Ramsey refers to a lease as a "Fleece" I remember chuckling on numerous occasions as I listened to his talks.
2007 GMC 3500 dually ext. cab 4X4 LBZ
Dmax/Allison
2007 Pacific Coachworks Tango 306RLSS - 32'
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BobsYourUncle
Calgary Alberta Canada
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NJRVer wrote:Back to OP's original title:
Back in November 1984 I ordered a brand new 1985 Dodge D-150 with stereo, A/C, 318V8, and 4sp od.
Price...$10,000.
I thought WHAT!!!! $10,000 for a pickup truck!!!! OMG!!!!
Just to keep it in perspective.
Like my 78 I paid 8G for...
Don't we all wish we could pay that now for a new truck!
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ShinerBock
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$10k in 1984 is $25k in 2020 adjusted for inflation. That is not too far off from the base price of a 2020 Ram 1500 Tradesman with a Pentastar that cost $29k. Although the 2020 V6 has 305hp/269lb-ft with an 8-speed versus the 120hp/245lb-ft and 4-speed of the old 318. It probably gets 50-75% better fuel economy too. Not only that, but it has government mandated things like air bags, reverse cameras, stability control, anti-lock brakes, and crush resistant pillars to name a few.
So I will say that is about even given the added stuff you get since a $29k vehicle in 2020 is equivalent to an $11.5k vehicle in 1984. I bet a lot of people would have paid that back then to get all of the added features stated above.
People often forget about inflation even though them wanting raises and more money at their job every year for doing the same work is part of the reason why a dollar cannot buy the same thing today as it did 30 years ago.
* This post was
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colliehauler
Mc Pherson KS USA
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NJRVer wrote:Back to OP's original title:
Back in November 1984 I ordered a brand new 1985 Dodge D-150 with stereo, A/C, 318V8, and 4sp od.
Price...$10,000.
I thought WHAT!!!! $10,000 for a pickup truck!!!! OMG!!!!
Just to keep it in perspective. You got a better deal then me. My 84 Dodge was closer to 12k. Top pkg with automatic. Funny thing is I still see it running around town. My 98 Dodge 150 was 22k and sold it to my neighbor who is still driving it as well. My 94 1500 GMC was 15k.
Not only inflation but you also have to take into account all the safety features mandated by the government as well.
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4x4ord
Alberta
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My '93 GMC crew cab 4x4 turbo diesel was 28k plus 4k in aftermarket accessories. That truck is actually coming to see me tonight .... the 4 wheel drive isn't working for some reason.
28k in 1993 is equivalent to 45000 CAD in 2020. A similarly equipped truck to that old '93 would be a 2020 Ford F350 XLT and the the MSRP on one of those is about 73000 CAD. Sale price might be about about 61k.
* This post was
edited 11/19/20 05:03pm by 4x4ord *
2017 F350 SRW Platinum short box 4x4.
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free radical
Canada
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You can stil have low cost truck
If you dont mind doing some wrenching ![[emoticon]](https://forums.goodsamclub.com/sharedcontent/cfb/images/biggrin.gif "biggrin")
https://youtu.be/c_fZXyaX0l4
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4x4ord
Alberta
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^^^ And so long as you don’t mind a little Rusty.
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Groover
Pulaski, TN
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NJRVer wrote:Back to OP's original title:
Back in November 1984 I ordered a brand new 1985 Dodge D-150 with stereo, A/C, 318V8, and 4sp od.
Price...$10,000.
I thought WHAT!!!! $10,000 for a pickup truck!!!! OMG!!!!
Just to keep it in perspective.
As I recall I paid $18,100 for my 1991 F250 Lariet extended cab with gas engine and 2wd, otherwise fully loaded. I still remember my neighbor marveling over the luxury of a leather steering wheel in a pickup. It had 230hp from its 460 engine, gave 12mpg on the highway empty and had rear wheel ABS. The definition of luxury, safety, power and fuel economy have all changed significantly since then.
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