Pickups some of the most expensive vehicles on the road - The Detroit News
Pickups some of the most expensive vehicles on the road Pickup trucks, once a tool for the everyday working man, have climbed to be one of the most expensive vehicles in mainstream America. The average price paid for large pickups in the last decade increased 37. 4 percent to $42,103 in 2014. Check out this story on detroitnews. The average transaction price for large pickups, including full-size and heavy-duty models, increased 37. 4 percent in the last decade to $42,103 in 2014, according to auto research and pricing website Edmunds. Without adjusting for inflation, that's nearly $10,000 more than the industry average last year, $16,500 more than a mid-size car and the highest growth of any mainstream segment in the U. S. since 2004. Pickups, which a decade ago often were... the stuff that they use to demand, whether it was a sport utility, a luxury sedan, now they want all these appointment amenities on pickup trucks," said Bob Hegbloom, president and CEO of the Ram Truck Brand. "People are now demanding it. ". For Ram 3500 trucks, 44 percent of models are $60,000 or more, Hegbloom said. In 2009, Chrysler sold just one Ram 2500 model that cost $60,000. today, 27 percent of 2500 trucks cost $60,000 or more. Source: www.detroitnews.com
