Yes, You Can Buy a House for the Price of a Super Duty Limited
Undecided about what to buy? Just remember, friends: You can live in a pickup truck, but you can’t tow with a house!
Ford revealed the all-new, 2018 Super Duty Limited at the State Fair of Texas last week. According to Ford, if you fully load the most expensive F-450 Limited, the pre-destination total for the truck adds up to an eye-watering $94,455. Once you add in the mandatory delivery charge, tax, title, and additional fees you have a $100,000 heavy-duty pickup truck!
Of course, people are buying these expensive trucks left and right. Just spend a little time in Texas, where Ford debuted this new Limited, and you’ll see optioned-up King Ranch and Platinum models more often than you’ll see XL and XLT trims.
The idea of a truck costing as much as a house had us thinking: What kind of home can you buy for the price of a fully-loaded F-450 Limited?
For most Americans, it’s a really nice house. But move to some cities and it’s not even enough to get you a refrigerator box on the street. To make it fair, we looked at Realtor.com listings in Dearborn, Michigan, where Ford’s global headquarters are located. While Super Duty trucks are built in Kansas City, we felt that the epicenter of all things Ford was the best place find our dream home or pickup.
3320 Harding Street – $89,900
Below our self-imposed budget of nearly $100,000 is this beautiful 1,000-square-foot home. This ranch-style house has three bedrooms and one bathroom. It sits approximately half-a-mile from both an elementary school and appropriately named Edsel Ford High School. Whatever is left over from the budget can go towards personalizing the home and making it your own. We must say, the curb-appeal is already on-point.
7247 Maple Street – $92,000
Next up is this 1,152-square-foot home in eastern Dearborn with three bedrooms and 2.5 baths. According to the listing, the school rating isn’t as great at this house, but it’s cheaper per square foot than the Harding Street home. All things considered, it’s good for a growing family and the price was recently lowered. It’s a win-win.
3369 Detroit Street – $94,900
Last up on our tour is a new listing that comes in a hair over our budget of $94,455. That being said, we’re pretty sure we can negotiate down the home’s price of $94,900 without much issue. Plus, it still falls under the Super Duty’s price after you factor in the $1,295 destination charge.
This lovely home is 1,097 sq/ft and features four spacious bedrooms. Only 1.5 bathrooms is a little lacking, but you do get a detached garage and a nice space outside for entertaining guests. Stout middle school and Edsel Ford high school are both nearby.
What is the point of this exercise? Yes, you can buy a home for the price of a new, fully-loaded Super Duty in some towns. If you’re looking for a home in a city like San Francisco, $95,000 wouldn’t even get you an appointment with a realtor.
Ford continues to raise the ceiling on luxury and price, because Ford doesn’t believe we’ve reached the ceiling in price, so they keep pushing pricing and equipment even higher.
Pickup trucks, especially these higher-trim models are expensive. We often receive feedback that Ford doesn’t make a truck the “everyman” can afford. Ford continues to raise the ceiling on luxury and price because customers continue to pay for it. We can only deduct that Ford doesn’t believe we’ve reached the ceiling in price, so they keep pushing pricing and equipment even higher.
If you want an affordable Super Duty, Ford will happily sell you one, perhaps one without massaging seats and adaptive cruise control. A stripped-out, bare-bones version of the F-250 starts at just $32,535.
Ford continues to make trucks for every customer demographic, and they’ll continue to do so as long as it remains profitable for them.