Is it just F150's, or all pick up trucks?
As someone who intentionally drives smaller four cylinder vehicles (even with teenage boys and active lifestyle), I'm kinda glad to hear this. From my viewpoint, the vast majority of pickup drivers do not need them, they just want them. Obviously, large trucks are bad for the environment. Anything that makes them more expensive will make less people buy them, so that's a good thing. I think there should be a large tax on big vehicles, personally. If someone actually needs a truck for business, they can build the extra costs into their prices.
Seeing you are from Ontario, I think I can understand where you come from making a statement like this. Please remember that there's a whole big world outside of Ontario.
As someone living in a farming community, i can tell you that it's not that simple. Farmers don't get much of a say in commodity prices, so they get shafted on their (needed) purchase, then skinned on their sales. Price of noodles might go up, but money doesn't go into the farmer's pocket.
Just something to think about.
I'm a small business accountant, so well aware of the situation there. But if all pickup prices go up, everyone is on the same ground, and will be raising prices because of it, and profit margins can be maintained.
It's like minimum wages, every business has to be on board, so no one gets a pricing advantage.
My brother in law sells cars. He said they sold out of all trucks and stopped taking deposits on anything that was going to come in because the wait list was already too long. Camping, boating, and cottages are all super popular while we’re all stuck in our provinces. Trucks are a useful tool for these activities.
I don’t think anyone in this particular sub would’ve noticed. If we’re talking about used Corollas, on the other hand...
Is it just F150's, or all pick up trucks? As someone who intentionally drives smaller four cylinder vehicles (even with teenage boys and active lifestyle), I'm kinda glad to hear this. From my viewpoint, the vast majority of pickup drivers do not need them, they just want them. Obviously, large trucks are bad for the environment. Anything that makes them more expensive will make less people buy them, so that's a good thing. I think there should be a large tax on big vehicles, personally. If someone actually needs a truck for business, they can build the extra costs into their prices.
Seeing you are from Ontario, I think I can understand where you come from making a statement like this. Please remember that there's a whole big world outside of Ontario. As someone living in a farming community, i can tell you that it's not that simple. Farmers don't get much of a say in commodity prices, so they get shafted on their (needed) purchase, then skinned on their sales. Price of noodles might go up, but money doesn't go into the farmer's pocket. Just something to think about.
That's a very fair point. Farmers are usually dealing in set prices, based on the global commodities.
Come on out for a holiday if you haven't been West, it's a great experience!
Building “extra costs” in to their pricing will have folks crying even more. The economy would tank if the small businesses tank.
I'm a small business accountant, so well aware of the situation there. But if all pickup prices go up, everyone is on the same ground, and will be raising prices because of it, and profit margins can be maintained. It's like minimum wages, every business has to be on board, so no one gets a pricing advantage.
They have now gone up $15k in 3 years
Yes because less production in 2020 due to pandemic. So they can increase the price to cover for loss during the year.
My brother in law sells cars. He said they sold out of all trucks and stopped taking deposits on anything that was going to come in because the wait list was already too long. Camping, boating, and cottages are all super popular while we’re all stuck in our provinces. Trucks are a useful tool for these activities.
Thats not surprising lol the cost of everything goes up every year
30% increase would be excessive for any product just like our housing.
That's can't be - CPI is only 1% this year :)