QOTD: Priced Out of Pickups?

Steph Willems
by Steph Willems

Twitter — or as I like to call it, the unintellectual dark web — regularly tosses out scorching takes like “too many people drive pickups” and other gold-plated nuggets for the online punditry to seize upon. Maybe there’s some truth to them.

But until government apparatchiks start barring dealership doors, saying, “Hey! You there — you with the cash that you worked hard to earn. Don’t you dare purchase this pricey domestic product for your own (completely legal) use!” we’ll continue buying them. Meanwhile, a good many people will look at the state of their finances, take a gander at rising ATPs in that segment, and decide on something else.

Are you a truck owner with a mind to downsize?

Yes, this has everything to do with last week’s study of existing and former truck owners. In the former camp, 68 percent felt trucks are overpriced for what you get, and 17 percent of this particular crowd claims they’ll look outside the segment come trade-in time.

The thing about trucks is that they can basically be anything you want them to be. Four-door family car. Stripped-down work hauler. Hunting 4×4. Brodude sports wagon. With the new Jeep Gladiator’s appearance, they can even take the form of a fun-in-the-sun convertible.

A sedan, despite its virtues, can never fill all of those shoes.

It’s no wonder that truck sales continue to climb, though at a slower pace — and at lower volumes — than their rampaging SUV/CUV rivals. The average transaction price of a full-size pickup last year was $47,400, up from $39,805 six years earlier — a climb we can partly blame on the myriad of profit-seeking ultra-lux trims. Trims one needn’t choose if their needs fall squarely in the big utility/basic transportation camp.

Ram will happily sell you a stock 1500 Classic Tradesman 4×2 for an after-destination price of $29,090 if roughing it is your bag. Its V8, quad cab new-generation sibling stickers for $34,885 if towing power, a backseat, and boosted refinement is something you demand of your truck.

Still, nicely appointed, reasonably glitzy pickup trims can’t be had for anything close to the $28,920 ATP of a compact crossover. And the burgeoning midsize pickup scene doesn’t seem to offer the buyer much in the way of up-front value (resale value, perhaps).

Everyone’s needs are different, and each of us draws funds from a very different bank balance. If you’re a current pickup owner, do you plan to remain so until your kid (or the state) takes away the keys? If you don’t, does price have anything to do with your decision?

[Image: Fiat Chrysler Automobiles]

Steph Willems
Steph Willems

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  • Dan Dan on Apr 02, 2019

    The only story here is the explosion of the Cadillac trims and that's a win all around. Luxury truck profits are keeping the lights on in Detroit. Luxury buyers have better options than they did before. And all of the platform development money that they put in for the banker trims has made the XLTs for working people better too.

  • DIYer DIYer on Apr 04, 2019

    I bought a new 2012 Chevy WT V6 2wd 2dr - "El Strippo" for about $22K including tax. Standard cab, short bed. Crank windows, manual door locks. AM/FM radio, no CD player. An excellent value. No problems with anything. I have 50K miles on it after 7 years, should be reliable until it hits 15 yo or 180K miles, whichever comes first.

  • Zipper69 "At least Lincoln finally learned to do a better job of not appearing to have raided the Ford parts bin"But they differentiate by being bland and unadventurous and lacking a clear brand image.
  • Zipper69 "The worry is that vehicles could collect and share Americans' data with the Chinese government"Presumably, via your cellphone connection? Does the average Joe in the gig economy really have "data" that will change the balance of power?
  • Zipper69 Honda seem to have a comprehensive range of sedans that sell well.
  • Oberkanone How long do I have to stay in this job before I get a golden parachute?I'd lower the price of the V-Series models. Improve the quality of interiors across the entire line. I'd add a sedan larger then CT5. I'd require a financial review of Celestiq. If it's not a profit center it's gone. Styling updates in the vision of the XLR to existing models. 2+2 sports coupe woutd be added. Performance in the class of AMG GT and Porsche 911 at a price just under $100k. EV models would NOT be subsidized by ICE revenue.
  • NJRide Let Cadillac be Cadillac, but in the context of 2024. As a new XT5 owner (the Emerald Green got me to buy an old design) I would have happy preferred a Lyriq hybrid. Some who really like the Lyriq's package but don't want an EV will buy another model. Most will go elsewhere. I love the V6 and good but easy to use infotainment. But I know my next car will probably be more electrified w more tech.I don't think anyone is confusing my car for a Blazer but i agree the XT6 is too derivative. Frankly the Enclave looks more prestigious. The Escalade still has got it, though I would love to see the ESV make a comeback. I still think GM missed the boat by not making a Colorado based mini-Blazer and Escalade. I don't get the 2 sedans. I feel a slightly larger and more distinctly Cadillac sedan would sell better. They also need to advertise beyond the Lyriq. I don't feel other luxury players are exactly hitting it out of the park right now so a strengthened Cadillac could regain share.
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