1/2 year after receiving deposit, Peterbilt raised 15K on price

Discussion in 'Experienced Truckers' Advice' started by c.w, Jan 23, 2022.

  1. goga

    goga Heavy Load Member

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    This is Capitalism, baby!)

    PS: looking from the other side, no one anticipated to have such inflation on heavy equipment withing 3 months. So, deal with it, or sit at home, drink tea and eat cookies, waiting for an unemployment benefits.
     
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  3. snowwy

    snowwy Road Train Member

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    Last year you couldn't build a new house with a price lock. Builders didn't know what the cost would end up being.

    I've read stories of the same situation with cars too. Car arrives and you're told it's more money.
     
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  4. Hotplate

    Hotplate Medium Load Member

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    Well at a certain point, there's a buyer's strike which puts a floor on price hikes. Unfortunately, the Federal Reserve keeps printing money and suppresing short term interest rates, which just keeps the party going.

    And no, the measly rate increases they forecasted won't stop it. Volker was the last true fed chair who cracked down on wild inflation with hefty rate hikes.

    And this isn't a Trump/Biden issue, its just bad overall economic policy by both parties and the Fed of continuing to inflate asset prices and paper wealth.
     
  5. rpad139

    rpad139 Heavy Load Member

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    Why are they buying new trucks? There are 100s of empty trucks parked right now.
     
    Last edited: Jan 26, 2022
  6. Dockbumper

    Dockbumper Road Train Member

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    You mean the homebuilders weren't just going to eat the additional $35,000.00 JUST for the LUMBER PACKAGE?? Greedy bstrds!!
     
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  7. rpad139

    rpad139 Heavy Load Member

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    The driver pay increase was not a good idea after all. Price of every thing is increasing
     
  8. Dockbumper

    Dockbumper Road Train Member

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    Driver pay increases have not affected the cost of goods and services one bit. Where did you come up with that math?
     
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  9. JolliRoger

    JolliRoger Road Train Member

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    Any one asking me for a price of anything 6 to 12 months away would be laughed at and told. Ha, You may die before the deal culminates, and I could be rich enough by then to not even have to fool with it.
     
    Gatordude, Long FLD and Rideandrepair Thank this.
  10. BoostedTeg

    BoostedTeg Road Train Member

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    Hell my local freightliner won’t even take one truck orders. Have to order minimum of 5 trucks. Definitely weird times we’re living in.
     
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  11. Siinman

    Siinman Road Train Member

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    Wow that is crazy. Glad I got my order in when I did with Volvo.
     
    BoostedTeg Thanks this.
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