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    Iron Heart Fall/Winter 2025 Collection Preview - Now Live

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    • mikebarhootM
      mikebarhoot
      Iron Heart Deity
      Joined:

      ^disagree. Trailering and long haul trips with multiple people/gear/luggage etc as reference

      last edited by 1 Reply Last reply Reply Quote 0
      • AppfaffA
        Appfaff
        Raw and Unwashed
        Joined:

        @BloodnThunder:

        The whole, "A truck is so much more functional than a car" argument starts to fizzle when we're talking about $70K trucks.  There's a very good chance someone spending that kind of money on a truck will rarely, if ever, put the bed to use or let it see a rutted dirt road.

        According to recent auto industry's experts, Trucks and Full size SUVs are holding their resale value better than sedans. Lowish fuel prices and well executed marketing tactics have made more and more Americans buy larger vehicles due to their perceived Utilitarian benefits.

        We are seeing used car prices for sedans, coupes and small crossovers (at least here in the US) drop, thanks in part to the over-loaning by banks in new cars with crazy low interest rates, while trucks and SUVs are having record low days on the lot.

        While I don't agree that a $70k truck is a "good investment" buying a $70 Raptor or F250 King Ranch will yield better residuals come trade in time (as long as the market dosnt drastically change) than if you were to buy a similarly priced sedan or sports car.  Add in the fact that luxury vehicles (which is where nearly all $70 sedans fall) depreciate at notably higher rates, one could easily argue that you are better off buying a $70 Ford truck or chevy SUV right now than you are buying a Lexus, Mercedes or even Tesla (we still don't have enough data on their residuals).

        With all that said, the BEST investment right now in Automotive is a new Toyota TRD pro 4Runner.

        You can get them brand new for around $45-47k and two year old models with 35-50k miles are resealing around $38-45k. Unless you defer your payments for some crazy amount of time, by 6 months into payments, you already have as asset with a perceived worth greater than your debt.

        I don't think any other Automotive purchase has the ability to hold its value like that. Especially when we are seeing 43% 3-year residual drops from nearly all luxury makes.

        Just 2 cents from someone that sells and buys a lot of cars - some I make money on, some I break even on, others I lose.

        PRO TIP: never buy a Nissan less than 3 years old… lol [emoji23]

        Sent from my iPhone using Tapatalk

        last edited by 1 Reply Last reply Reply Quote 0
        • ChrisC
          Chris
          Raw and Unwashed
          Joined:

          I'd amend that to just, "Never buy a new vehicle."

          last edited by 1 Reply Last reply Reply Quote 0
          • mikebarhootM
            mikebarhoot
            Iron Heart Deity
            Joined:

            ^truth!

            last edited by 1 Reply Last reply Reply Quote 0
            • AppfaffA
              Appfaff
              Raw and Unwashed
              Joined:

              While I am in the camp of believers that new vehicles offer their own set of problems, certain vehicles actually are better off purchased brand new, or at least equipped with a CPO warranty.

              The 2016 Land Rover Discovery Sport was actually cheaper to buy brand new this past June than it is right now to buy a used version. The incentives on last year model variants left over can carry brand incentives where as buying used, you will simply
              Pay MSRP minus residual depreciation.

              Once again, this theory only applies to about 2% of cars, but if you want/need a warranty, or you can get a new car around the price of a 1 or even 2 year model because of rebates, enjoy the lower financing of the newer model.

              Take his with a grain of salt as I DID just buy a 15 year old Toyota that's cost me 10% of what a new one retails for today lol [emoji23]

              Sent from my iPhone using Tapatalk

              last edited by 1 Reply Last reply Reply Quote 0
              • manufc10M
                manufc10
                Iron Heart Deity
                Joined:

                @BloodnThunder:

                The whole, "A truck is so much more functional than a car" argument starts to fizzle when we're talking about $70K trucks.  There's a very good chance someone spending that kind of money on a truck will rarely, if ever, put the bed to use or let it see a rutted dirt road.

                Personally this is true for me because I rarely tow anything, however the majority of the people I know that have 70k plus trucks get their moneys worth and then some.  They tow shit all the time.

                last edited by 1 Reply Last reply Reply Quote 0
                • manufc10M
                  manufc10
                  Iron Heart Deity
                  Joined:

                  Ageee with @Appfaff , resale valuenon trucks has been solid for a good while now.

                  last edited by 1 Reply Last reply Reply Quote 0
                  • steelworkerS
                    steelworker
                    見習いボス
                    Joined:

                    So, White Oak is shutting down. The owner of just over a year is International Textile Group run by  Wilbur Ross, a billionaire Wall St ass swipe who is also Cheezit's Secretary of Commerce. Nice going fellas! Keep those jobs in Murica!

                    😞

                    Those are my principles, and if you don't like them…
                    Well, I have others.

                    last edited by 1 Reply Last reply Reply Quote 0
                    • manufc10M
                      manufc10
                      Iron Heart Deity
                      Joined:

                      Yep.  Guess we should have seen this coming a year ago

                      last edited by 1 Reply Last reply Reply Quote 0
                      • GraemeG
                        Graeme
                        啓蒙家
                        Joined:

                        I wonder if someone will rescue the plant. White Oak denim seems to be pretty popular with American brands, and if the machines could be relocated to a smaller, cheaper facility, there might be a business there for someone.

                        last edited by 1 Reply Last reply Reply Quote 0
                        • Megatron1505M
                          Megatron1505
                          見習いボス
                          Joined:

                          So every year at this time my company plays the "will we or won't we" game with our annual bonus, which is "meant" to be payed October 1st but never is. This year I was planning on booking our family holiday for next year with the money if they gave a bonus, which they usually do.

                          For weeks I have been watching our perfect holiday for next summer, available at a great price, and for weeks the company has delayed telling us if we have a bonus or not. So finally this week they confirmed the bonus, I go to book the holiday andnthe price has gone up by almost £800 !

                          So we found the same break elsewhere for £400 more than we wanted to pay, all due to my company delaying the announcement…..again  😢

                          Wait.....this should be a first world problem  😃

                          Made in England, clothed in Japan, fed in America and drunk in Belgium !

                          last edited by 1 Reply Last reply Reply Quote 0
                          • Matty123M
                            Matty123
                            Raw and Unwashed
                            Joined:

                            @Megatron1505:

                            So every year at this time my company plays the "will we or won't we" game with our annual bonus, which is "meant" to be payed October 1st but never is. This year I was planning on booking our family holiday for next year with the money if they gave a bonus, which they usually do.

                            For weeks I have been watching our perfect holiday for next summer, available at a great price, and for weeks the company has delayed telling us if we have a bonus or not. So finally this week they confirmed the bonus, I go to book the holiday andnthe price has gone up by almost £800 !

                            So we found the same break elsewhere for £400 more than we wanted to pay, all due to my company delaying the announcement…..again  😢

                            Wait.....this should be a first world problem  😃

                            You can cross post this  🙂

                            Maybe so. Maybe not

                            last edited by 1 Reply Last reply Reply Quote 0
                            • SeulS
                              Seul
                              Joined:

                              The definition of a first world problem, you insufferable tosser… Where are the mods when you need 'm?..

                              (Although that really sucks...)

                              last edited by 1 Reply Last reply Reply Quote 0
                              • gaseousclayG
                                gaseousclay
                                Joined:

                                @manufc10:

                                Yep.  Guess we should have seen this coming a year ago

                                Indeed. Acquired by a private equity firm and will likely have its assets stripped/sold. Scumbags of the highest order. Kinda surprised a company like Levi's doesn't come in and buy the plant. It would give them complete control of the US denim market.

                                I wonder what this will mean for US denim companies that rely on Cone?

                                Sent from my SPH-L710 using Tapatalk

                                WTB:
                                IHSH-129 size L (blue)
                                IHSH-19

                                last edited by 1 Reply Last reply Reply Quote 0
                                • DionD
                                  Dion
                                  Joined:

                                  It will mean more happy Japanese mills.

                                  last edited by 1 Reply Last reply Reply Quote 0
                                  • Megatron1505M
                                    Megatron1505
                                    見習いボス
                                    Joined:

                                    @Seul:

                                    The definition of a first world problem, you insufferable tosser… Where are the mods when you need 'm?..

                                    (Although that really sucks...)

                                    Can't you feel my pain? I had to spend "a bit" more to get my expensive foreign holiday  😢

                                    Made in England, clothed in Japan, fed in America and drunk in Belgium !

                                    last edited by 1 Reply Last reply Reply Quote 0
                                    • Megatron1505M
                                      Megatron1505
                                      見習いボス
                                      Joined:

                                      Regarding Cone, their denim actually manages to capture the flat and even characteristics of true vintage denim better than most. It's really not my thing, but as a part of history I'm sad to see it go.

                                      Made in England, clothed in Japan, fed in America and drunk in Belgium !

                                      last edited by 1 Reply Last reply Reply Quote 0
                                      • organisysO
                                        organisys
                                        Raw and Unwashed
                                        Joined:

                                        Shame to see Cone go, long history!  I have some RRL which which uses their denim that I like.

                                        Pride of Japan :-)

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                                        • organisysO
                                          organisys
                                          Raw and Unwashed
                                          Joined:

                                          Oh and as for trucks, Hi-Lux. IF you really must go absolutely anywhere, then Mercedes Unimog.

                                          Pride of Japan :-)

                                          last edited by 1 Reply Last reply Reply Quote 0
                                          • S
                                            Steffen
                                            Joined:

                                            The Unimog is at least in Europe a Truck and because of that you need a Truck License to drive it. The G-Wagon went the same Route as the American Offroad Cars, from a usuable Workhorse for the Army to a Luxurs City Vehicle, the chepeast Model is Around 80k Euros. The new X-Class Pickup is a Nissan Navara in a different Packeing.

                                            last edited by 1 Reply Last reply Reply Quote 0
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