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Crazy truck prices

crane operator

Senior Member
Joined
Mar 27, 2009
Messages
8,338
Location
sw missouri
Been kind of shopping for upgrading trucks, and prices are all over the map. But there's some pricing that I just can't understand. So here's my crazy priced truck for the day. Its a clean nice truck, but I sure can't justify the price...

1998 Peterbilt 379​

$105,000
Listed 3 weeks ago in Bunker Hill, IL



Seller's Description​

1998 pete 379 with 227k original miles. C12 cat an a 10speed transmission. 3.90 gear ratio sitting on 11r22.5 tires. Does have a wet kit an pinnable 5th wheel for frameless dump trailer. Asking 105k located in bunker hill IL call or text [hidden information]


1990 peterbilt.jpg1990 peterbilt2.jpg
 

CM1995

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Jan 21, 2007
Messages
13,397
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Alabama
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Running what I brung and taking what I win
That's probably what that truck sold for new or a little more.

Used truck prices are crazy and I have a feeling are about to have a major correction. New trucks are what they are but I see those prices softening as well. Just a hunch.
 

ahart

Senior Member
Joined
Nov 7, 2020
Messages
835
Location
Indiana
I personally don’t see the market holding out these insane prices much longer. Finance rates are still going up, I know people say it’s nothing compared to the 80s but in my opinion, the difference is the principal. It’s one thing to pay 15% interest on a 18k loan for 36 months, it’s an entirely different conversation when you’re paying 15% on a 100k pickup stretched out over 7-8 years or more. I see people doing it every day and I’m not sure how this market hasn’t busted already. If asked 2 years ago I would have said we would be in a financial crash by now. I see pretty big problems looming across a number of markets. I’ve heard the average car payment today is in the area of $800 and that means there’s a lot of them over $1000. I can’t even wrap my head around that.
 

Truck Shop

Senior Member
Joined
Dec 7, 2015
Messages
17,027
Location
WWW.
Prices-When it comes to new trucks Freightliner controls 38 plus percent of the pie. PacCar is
divided up almost even at 17% for Pete 16% for Kenworth. The rest is spread over Volvo, Mack
and International and others. During Covid with the availability to deliver on orders PacCar jumped
it's pricing to a level that screwed them now. Freightliner prices rose also but not to PacCars crazy
extent. Which caused along with emissions a frenzied market in used. Now some dealers are setting
on trade-ins that are over the top on worth way over valued. They won't admit their choking on
inventory. Because inventory is at that level privet sellers see it and think there used asset is worth
the same. Monkey see Monkey do.
*
A 2021 4 axle DD15 loaded Cascadia was selling new for around $228,000 plus or minus on average.
A 2021 4 axle X15 loaded T990 KW loaded was selling for around $275,000 plus or minus on average.
That same Cascadia right now is $198,000 the T990 $235 to $238,000 roughly.
Now that's based on placing a 6 truck order. A single much more. But prices are dropping, they can't
play the song of no parts because of Covid excuse. The used truck market really cut into new sales,
but the hot market for used is shrinking somewhat so you should see a slight tanking on certain
models/brands of used. Except the PacCar used line, I just saw a 2000 W900L with non steer drop,
with a running but bad 525 N14 1.3 million auction final bid $19,000-nuts. The used market will be
flooded with trucks held over, mileage run up because orders were cut off during 2020 thru 2022.
*
But Crane Operators truck he posted--with a puny C12 and 10 speed even at 277,000 is a ------------
$35,000 truck---asking that looking for a sucker. People need to get back to reality that truck is
25 years old--may as well be 45 years old. I know charge what the market will bare, bare a$$ is
more like it.
 

1693TA

Senior Member
Joined
Feb 27, 2010
Messages
2,687
Location
Farmington IL
Occupation
FAA Radar Engineer, (Retired)
But Crane Operators truck he posted--with a puny C12 and 10 speed even at 277,000 is a ------------
$35,000 truck---asking that looking for a sucker. People need to get back to reality that truck is
25 years old--may as well be 45 years old. I know charge what the market will bare, bare a$$ is
more like it.

My old Mack will bring at least a million dollars or I won't let it go. I was thinking that while greasing all 52 zerks on that sumbitch this afternoon just after bashing my skull on a fuel tank sliding under.
 

1693TA

Senior Member
Joined
Feb 27, 2010
Messages
2,687
Location
Farmington IL
Occupation
FAA Radar Engineer, (Retired)
You wait long enough it will be a collector
It's a 1980 model so well into "Hoarder" status by now driving up the value even more.

I'd have to contemplate hard to let my 1957, or 1951 Mack Trucks go at two million already.
 

crane operator

Senior Member
Joined
Mar 27, 2009
Messages
8,338
Location
sw missouri
376655080_10039349102804904_8703184516551697156_n.jpg

376337779_6185480918220069_2601702607898411772_n.jpg

2000 peterbilt 379​

$90,000
Listed 2 weeks ago in Huntsville, AR

  • Condition
    Used - like new
2000 peterbilt 379 with 7CZ factory C16 cat rebuilt with paperwork. Rebuilt 18 speed with paperwork. All new suspension, brakes, and tires. Serious inquires only. No trades please
 

joe--h

Senior Member
Joined
Jul 22, 2009
Messages
1,259
Location
Utah

1998 Peterbilt 379​

$105,000
Listed 3 weeks ago in Bunker Hill, IL

Hell, you can get a new tricked out Bronco for only $102,000. Saw the local Ford dealer advertising one for that this weekend.

Joe H
 

cuttin edge

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Joined
Nov 9, 2014
Messages
2,742
Location
NB Canada
Occupation
Finish grader operator
There are guys around here with 2 year old tractors, and the dealers are offering them more than they paid for them when they bought them. Company ordered 2 new super dutys last fall, not in yet, and there is supposed to be a new Freight shaker tandem dump here this fall that was ordered this past winter. They can get them faster if we get them with an automatic transmission.
 

SniperBumag

New Member
Joined
Oct 18, 2023
Messages
1
Location
St Louise
It's astonishing how truck prices have skyrocketed recently! Economic fluctuations and supply chain disruptions are partially to blame, but it doesn’t fully justify the 'crazy' costs. Investing in a truck now seems impractical, considering the inflated prices. We must urge dealerships and manufacturers to reassess their pricing strategies, ensuring they remain fair and reflective of the truck's intrinsic value.
 
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