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  #11  
Old 02-07-2013, 10:41 PM
skorum03 skorum03 is offline
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Originally Posted by larryinalabama View Post
I bought a new Toyota in 1983 got 5500$, and in 1990 a slightley nicer new Toyota for 8000$.

I bought a new Chevrolet 1500 silverado v8 in 1988 for 15000$.

70 to 80k for a truck is purley a investment that could bankrupt you.

You know whats funny about those old Toyota trucks is that I had a 1994 Toyota pick up, 5 speed v6 with 270,000 miles on it. I bought it from a neighbor for a $1 because his wife wanted him to get it out of the yard haha it was my first truck. I sold the thing for $1800 on craigslist. Thing ran great. I think it was running better than ever when I sold it. Some of those old Toyotas are still worth quite a bit. Even with insanely high miles.

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  #12  
Old 02-08-2013, 01:27 AM
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Exact Rototilling Exact Rototilling is offline
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Quote:
Originally Posted by skorum03 View Post
You know whats funny about those old Toyota trucks is that I had a 1994 Toyota pick up, 5 speed v6 with 270,000 miles on it. I bought it from a neighbor for a $1 because his wife wanted him to get it out of the yard haha it was my first truck. I sold the thing for $1800 on craigslist. Thing ran great. I think it was running better than ever when I sold it. Some of those old Toyotas are still worth quite a bit. Even with insanely high miles.

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Very true. Thatís all I run. I just upgraded to a 95 T100 4x4 with the 3.4 V6 with only 207k miles to tow my 6 x 12 enclosed. Iím the original owner of a 1985 Toyota extra cab 22r that is getting an aluminum flatbed installed here shortly. For back up towing I have a super clean 2nd Generation 1991 4runner.

I donít pull heavy trailers, bob cats, loads of mulch, do tree removal, installs etc.

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  #13  
Old 02-08-2013, 02:35 AM
herler herler is offline
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Why car prices will double every 20 years.

The Average annual inflation rate is 3.23%.
That doesn't sound too bad until we realize that at that rate prices will double every 20 years.
Which means average prices have underwent about 5 doublings since they began keeping records.

Five Doublings sounds like prices increased by 10 times but it gets even worse than that because it isn't just arithmetic doubling, it is compounded. Just as compound interest can multiply your savings, compound inflation can multiply the effects of inflation. Since 1913 we have seen 2261% inflation.

Yes, Two Thousand Two Hundred Sixty-One percent inflation.

It is difficult to wrap one's mind around 2200% inflation. But that means that prices increased by 2200% or they cost 22 times more.

When inflation is in the single or double digits this concept is easier to follow. For example from January 2005 to January 2006 there was 3.99% inflation. That means that something that cost $100 in January 2005 would cost $103.99 in January 2006.

In other words you add the increase due to inflation to the original amount.
So if we have 2261% inflation, something that cost $100 in 1914 would cost $2361 now. ($100 + $2261).

Something that cost $100 in 1914 would cost $2,261 now!

Example prices: The Model T was first produced in 1913 and sold for $575. Ford continued to produce the same model until 1927. By 1927 however through mass production Ford was able to reduce the price of a Model T to $290. In 1927 Ford introduced the Model A which ranged from $385 for a roadster to $570 for the top-of-the-line Fordor. In 2012 the MSRP for a bare bones Ford Fiesta is $13,995.
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  #14  
Old 02-08-2013, 02:54 AM
Armsden&Son Armsden&Son is offline
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This thread is great! This is really super interesting stuff... I distinctly remember prices from the mid 90's because I was in high school and obviously obsessed with cars and trucks... Man, those Toyota pick ups! To all you guys that are running those older Toyotas..... F@#$ING HATS OFF TO YA!!!!! What solid investments huh? I never ended up getting mine(eventually went Ford) but seeing some of these 20-30 year old Toyota trucks running around clean as you please with 300,000 miles...... 400,000....... !!!!!!?????? It's just nuts.
Hoping somebody can reply to the question of equipment costs from the 80's / 90's......
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  #15  
Old 02-08-2013, 10:05 AM
44DCNF 44DCNF is offline
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86 Toyota 4X4 Turbo, $9600.
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  #16  
Old 02-08-2013, 10:22 AM
Roger Roger is offline
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I think my mid-80s F-150 was about $6,000. It was in-line six, no A/C. no radio, crank windows, vinyl seat, three-speed, with OD, RWD, 8 ft bed, no cruise, and not much else.

I also remember our family buying a GMC 3/4T chassis around 1952 for about $2,000. We built our own flatbed, and used it for years and years to haul 2T (net) on the pickup, and pulled a 4 wheel David Bradely trailer with 3T (net). That combo hauled our entire farm crop into the warehouse, and hauled all fertilizer (100# paper bags) back to the farm. It had a four speed transmission, with "granny" gear. Top speed in the pickup was about 45 mph, maybe 50mph on rare occasions. Nobody had diesel powered trucks.

Our neighbor had a 1/2T Chev pickup. It hauled about 1T (net), and pulled a similar 4 wheeled trailer with 3T (net).

Just for reference, although not trucks, when the VW bug came on the scene in the 1950s, it was a breakthrough for autos. Why? The selling price was $1,999. Most said the idea, imported from elsewhere, would never last -- a joke. This was in the days of $0.15 or $0.18/gal gasoline. During "gas wars" it not unusual to fill our 1,000 gallon tank with $0.10 gasoline.

Our "big" tractor was 42hp. Some others had "really big" tractors at 50hp.

Sorry, I think I derailed the thread, but recall from days in the past...
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  #17  
Old 02-08-2013, 10:51 AM
larryinalabama larryinalabama is offline
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The thing I dont understand about new trucks is they put really big doors, and grills, huge deisel engines big wheels and tires,,,,,,, then the bed isnt big enough to put a beer cooler in them. Seems like a waste to me.
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  #18  
Old 02-08-2013, 11:05 AM
skorum03 skorum03 is offline
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I wish I still had my toyota truck. It just wasn't big enough, and had no towing package, and honestly didn't get that great of gas mileage, granted I had bigger tires on it. But I had to sell to get a bigger truck. I wish I would have had the space, and extra cash at the time just to keep it.

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Stihl trimmers
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  #19  
Old 02-08-2013, 11:10 AM
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Exact Rototilling Exact Rototilling is offline
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Quote:
Originally Posted by 44DCNF View Post
86 Toyota 4X4 Turbo, $9600.
My 1985 4x4 extra cab deluxe was around $11,000 or so.
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  #20  
Old 02-08-2013, 11:22 AM
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MOturkey MOturkey is online now
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I bought a new Ford pickup in 1984, the first new truck I'd ever bought. It was a plain Jane model, 6 cylinder, 4 speed manual, no air conditioning, and was around $7,000, as best as I remember. I also remember it was a piece of crap. Probably the worst vehicle I've ever owned.
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