Will TRX Value increase?

[Puttnutt24]

Doesn't matter, having driven my '21 for nearly three years now, I honestly don't think I could ever be happy driving anything else., full stop.....

 

[VannDamage]

Last two years of Gen1 Raptor (2013 and 2014) were the best years. I traded my 2011 Raptor in for a 2023 TRX...no regrats! I got 22k for my old 2011 that I paid 54k for 12 years ago. TRX trucks will hold value even better. Win/Win.

 

[The dude]

Yes high rates, but average car prices were around $3500. So that puts your monthly payment at around 88 smacks. Not even close to comparable to today.

In 1975 the median annual income was also only $11,800.

 

[Louk]

In 1975 the median annual income was also only $11,800.

Funny, I have had this talk a few times with friends. How yes our income has gone up but the price of goods has far exceeded the rise of income.

2022-income depending on whose stat your looking at ranges from 50’s-70’s.
2022 avg home price 440,000ish

1975 avg home price 38,000ish
1976 avg income 11-13K

So in 1975 your home was roughly 3X your salary.
In 2022 I’ll use the middle number of 60K your home was over 7X your salary.

 

[The dude]

Funny, I have had this talk a few times with friends. How yes our income has gone up but the price of goods has far exceeded the rise of income.

2022-income depending on whose stat your looking at ranges from 50’s-70’s.
2022 avg home price 440,000ish

1975 avg home price 38,000ish
1976 avg income 11-13K

So in 1975 your home was roughly 3X your salary.
In 2022 I’ll use the middle number of 60K your home was over 7X your salary.

Absolutely. I was just pointing out that saying it was “only” $3500 for a new car is quite a bit different considering that was a large chunk of your annual income.

 

[Moparornocar]

Apples and Tuesday.

I bought a new 1979 F150 SWB 4x4 when I turned 18 for $7200 . it had a 3 year zero interest financing because it was last year's model and interest rates were about 8%. To compare that to a new TRX or any other new pickup is like comparing the Kitty Hawk to a F-16. no A/C, no power anything except steering and brakes. single cab with an AM radio and bias tires.

Yes things were cheaper. but interest rates were not. people had less and expected less, today if you can't get everything you want fast and cheap it's somebody's fault because you're entitled to it. I get so sick of that bullshit.

 

[Louk]

Apples and Tuesday.

I bought a new 1979 F150 SWB 4x4 when I turned 18 for $7200 . it had a 3 year zero interest financing because it was last year's model and interest rates were about 8%. To compare that to a new TRX or any other new pickup is like comparing the Kitty Hawk to a F-16. no A/C, no power anything except steering and brakes. single cab with an AM radio and bias tires.

Yes things were cheaper. but interest rates were not. people had less and expected less, today if you can't get everything you want fast and cheap it's somebody's fault because you're entitled to it. I get so sick of that bullshit.

Agreed on the technology advancements in cars.
What would be the reason for housing though? Relatively speaking you can have a house from the mid 70’s go for sale with little to no updates. More or less make sure wiring is up to code, maybe windows things like that. In some cash buying cases older homes are being sold with no updates whatsoever. If anything houses built back in the day are more structurally sound and solid than allot of these new builds. Housing has gone up the same way that the price of college has gone up, at an exponential rate.

 

[-Ryan-]

I'm going to guess due to the (sort of) limited run, the 6.2L TRX will hold its value better than anything else I would of alternately bought. Raptor V6, Braptor, TRD Pro, ZR2. So I'll be happy with that.

 

[LSUFan69]

I think it will increase just not in time to benefit me when I trade in my 21’ for the 23’ in the next couple weeks.

You'll make more selling, than trading in

 

[BlueTRX]

I posted on another thread here a few weeks ago, took my truck to the dealer I got it from for an oil change and got offered $88k for my '21 with 16k miles.

I would never sell it but thought that was a great offer. I bought it new for $95k

 

[Barstoolman1127]

 

[Mdtrx]

You'll make more selling, than trading in

Very true!

 

[TyRex]

Hey fellow TRX owners,

With the announcement of the discontinued Hellcat TRX do you think the value of our TRX's will increase? Also the announcement of the final year 2024 TRX Hellcat and UAW supposedly going on strike is Ram going to be able to fill those orders for 2024? Sad day for the Hellcat but could it be a profitable day for current TRX owners. Just curious of what your thoughts are. I have a dealership close to me that has a New Lunar and a used Ignition Edition, If I could hide both of them from my wife I might just go buy them and sit on them for an investment, probably better than my 401K.....LOL!

From $106K MSRP to $117K. No thank you, I don't want that junk.

 

[Nine Ball]

Like most other desirable enthusiast vehicles, the TRX will continue to hold value. This is especially true of the 2021-22 models which have depreciated, but the higher priced 23-24 MSRP will still see some depreciation over the next couple years. As with any enthusiast vehicles, it will depend on colors, options, condition, and lower mileage. I don't see these increasing in value unless the replacements are utter garbage and the economy strengthens for a couple years.

 

[Claasicdrive]

Like most other desirable enthusiast vehicles, the TRX will continue to hold value. This is especially true of the 2021-22 models which have depreciated, but the higher priced 23-24 MSRP will still see some depreciation over the next couple years. As with any enthusiast vehicles, it will depend on colors, options, condition, and lower mileage. I don't see these increasing in value unless the replacements are utter garbage and the economy strengthens for a couple years.

Exactly if you keep it with low miles, climate control garage, no aftermarket upgrades, you'll make money on it in few years down the road. Everything else will depreciate , slower than the market but is going to be hard to sell them

 

[04Ram2500Hemi]

Hey fellow TRX owners,

With the announcement of the discontinued Hellcat TRX do you think the value of our TRX's will increase? Also the announcement of the final year 2024 TRX Hellcat and UAW supposedly going on strike is Ram going to be able to fill those orders for 2024? Sad day for the Hellcat but could it be a profitable day for current TRX owners. Just curious of what your thoughts are. I have a dealership close to me that has a New Lunar and a used Ignition Edition, If I could hide both of them from my wife I might just go buy them and sit on them for an investment, probably better than my 401K.....LOL!

My TRX stickered at $85,500 and I wouldn’t take a penny less than $100,000 for it. Not sure if that answers your question?

 

[anarv04]

My TRX stickered at $85,500 and I wouldn’t take a penny less than $100,000 for it. Not sure if that answers your question?

Then dealers are the bad ones with the ADMs lol JK.

 

[RaptorTillNow]

Like most other desirable enthusiast vehicles, the TRX will continue to hold value. This is especially true of the 2021-22 models which have...

Everything the TRX was meant to have by the designers when it rolled off the line; the more expensive to make Analog dash (for the muscle car purist). No cost cutting corners on missing dash LEDs, Grap handle Stiching, Glovebox lights, LED Door lights, etc. Truck is Sway bar ready (if that's your thing).
Not to mention us 21-22 guys have had a couple more years of wide ass smiles...

Oh and and least a couple grand more on the gas card!

But...the icing on the cake, is my 21 is the same damn truck as the 24, and was $20+K cheaper!
So I got more gas money than you!

 

[TRX.1TONTACO]

I didn't buy it to have it sit nor do I care about the value as I am not selling. I perfer the prices to drop though so I can buy another one so I can rack miles on one and save a low mileage one for long term. It's nice to know a truck or car you buy is worth more then you paid, but that comes with it's own set of problems because then everyone wants you to pay a added tax when fixing them(because they think you have money, but when you just bought it right). Life is too short and I am not saving it for the next guy, so miles to me don't matter.

 

[Austinmtlhd]

Everything the TRX was meant to have by the designers when it rolled off the line; the more expensive to make Analog dash (for the muscle car purist). No cost cutting corners on missing dash LEDs, Grap handle Stiching, Glovebox lights, LED Door lights, etc. Truck is Sway bar ready (if that's your thing).
Not to mention us 21-22 guys have had a couple more years of wide ass smiles...

Oh and and least a couple grand more on the gas card!

But...the icing on the cake, is my 21 is the same damn truck as the 24, and was $20+K cheaper!
So I got more gas money than you!

Same here, got mine when they first came out. 83k for it back in 21. Not very many of them back then and base was 70k.

I've had 2 years and 31k miles of smiles since I got it.

Yes the gas bill. I tell my buddies my truck lives at the gas station. It just comes home and visits me every now and then.