Ford has offically lost touch with reality
Last year I priced a king ranch, crew cab, dually, long bed, etc and the base price on the sticker was around $28,000 and the 6.4, king ranch, dually, and other options brought it up to a little over $45,000. If the sticker price on that 2011 is accurate, then in one model year the BASE, entry level, bare bones truck, is going to cost more than last years fully loaded king ranch.
Sit down, have a beer or 3 and relax.
It will pass in time.
That is exactly what I think they are going to do. Don't quote me on the years, but Motortrend had an article last month about what the top selling vehicles from 2005 were and what the top selling ones for last year were. The f series sold something like 950k in 2005 and only 400k last year. They could make the same profit by selling the truck at half price because they would sell twice as many.
Back in 2003 I had picked out a brand new, crew cab, xlt, fully loaded except for manual tranny, v10 and the price was $28k. I ended up buying a 2000 5.4 reg cab with 10k miles from an estate auction because I got it for next to nothing, but I regretted not buying the crew cab after about a week. That's why I went back to order one again last year, and walked because I thought $45k was ridiculous. Now we are talking $63k. I don't know about anyone else, but my salary hasn't gone up at the same rate as these trucks, so Ford just assured they won't ever sell me a new truck.
I'll say it again, I priced a 2011 6.2L CC SB XLT 4x4 truck around $42K on the build and price website.
Build and Price
Spend some time with that site. Look at what the trucks go for without the thousands in options. It's really not that bad!
Somewhere along the way, two things happened:
A) commodity prices, steel, plastics, oil, copper, tin, all the things that go into your truck, went up by leaps and bounds in the 2000.
Steel products (8) index price chart
In terms of steel, it at least doubled from 2000, and actually hit a peak price of about 340% in March 2009.
A 2011 would largely be designed around 2006 with the materials and component prices locked in around 2008 -- right at the peak.
In a truck, there are very few ways to reduce the cost of materials unlike passenger cars, whose sheet metal can be made thinner, etc.
Nevertheless, believe me, Ford and every car maker tried to cost reduce.
B) It's a different truck
The 2011 truck have a far broader "range", rather than a narrowly defined set of options.
There are far more luxurious things at the top end that is not available in the more basic versions.
So it is important to compare identical models in terms of equipment --- or at least try.
C) Emissions - that took a huge toll in redesign / new equipment costs.
Especially pricey is the Diesel particulate filter and the Catalyst.
A huge increase in costs also in the redesign and retooling for 2010 emissions.
You are talking about R&D and amortizing the cost of a raft of new components.....
Ford has to budget for the possibility of another 6.0 introduction fiasco.
All in all .. I understand your income have not risen.
I am just trying to be fair to Ford --- and every other car maker.
Ford Trucks for Ford Truck Enthusiasts
Base Price of $36,955
Options were as follows
18" Alu. Rims cost $955
4.10 LTD Slip cost $350
Nice Floor Mats cost $25
4x4 Off Road cost $225
Cab Lights cost $55
Upfitter cost $85
Body Molding cost $60
After delivery, sticker was $39,685
In other words, a nice XLT stickered for $40,000 one year ago.
A 2011 F250 with the same options cost $41,350
One thing to remember is that the Torqshift automatic transmission was optional in 2009. It was an additional $1500. Considering that the manual transmission is standard equipment now, I'd say the pice really went up all that much.
Which do you think is the better value? I saw these at the Central IL Auto show in Peoria last weekend.
Man, is that F350 SWEET!!\
EDIT: The King Ranch next to the lariat was 64K.......
EDIT: Maybe that is the base powertrain warranty and the sticker is not reflective of the 5 year/100,000 miles for the diesel engine.
Yes.
And did you notice this:
5 year, 100,000 mile GM powertrain warranty.
General Motors | Warranty and Quality | GM
Ford is being cautious with a new engine, but let me guess:
- a lot of courtesy repairs will be done after the basic 3 year 36,000mile warranty expires
- a lot more courtesy repairs are going to be done between 5 year / 60,000 and 100,000 miles.
Then someone in HQ will notice... we are losing to GM....
And then...
Out comes the 5 year / 100,000 mile.
I give them 2 years before they are forced by GM to do this.
GM is already giving them a run in the ambulance business.











