You Know The Economic Cycle Is Peaking When Pickups Sell For $100k

It isn’t just pricey real estate. Ford introduced the F-450 Limited 4×4 at the Texas State Fair last Thursday, and its MSRP is $87,100, including shipping. With popular options, that goes to $94,445. Add sales tax and title fees, and the tab tops $100,000.

But thanks to the tax code, some 70% of that can be deducted in the first year. So the more folks make in taxable income, the bigger and more expensive trucks are likely to get. Which undoubtedly helps explains why GM just announced that Chevrolet is getting back into the medium truck business, including a pickup version of the upcoming Silverado 4500 to compete against the F-450 (GM got out of medium trucks during its bankruptcy in 2009).

Ford spokesman Mike Levine said;Β  “We still haven’t found the ceiling for luxury trucks,”. So maybe an F-650 Limited is on the horizon?

The F-450 Limited’s interior is even more opulent than the King Ranch and Platinum versions. But it can haul too; its tow rating is up to 15 tons! The truck is powered by a 6.7-liter Power Stroke turbodiesel V-8 mated to a six-speed automatic that drives all four wheels. Dual rear wheels are optional.

Oh, and those tax deductions. They’re more easily explained by this, courtesy of mileiq.com. Β  Which helps explain this statement by Ford:

“Super Duty Limited is the most luxurious and advanced heavy-duty pickup truck ever created by Ford for accomplished buyers with appetites for the high life and hard-earned dollars to match,” Todd Eckert, Ford truck group marketing manager, said in a statement.