Comment by ethbr1
19 hours ago
That's taking into account farm purchases though, which have a unique shape of "a new truck at any price" in good years zeroing out profits.
I think median, agriculture-excluded would be more representative.
Granted, that's still pushed up by loaded in-town trophy trucks without a spot of mud on them.
I think what you're saying is there's likely a significant number of "cheapest possible truck" purchases in this data that means the median price is actually _higher_ than the average - the median is dragged down by cheap farm trucks. Given that this $65k figure already excludes luxury trucks, that might be the case.
“New truck at any price” is a reference to the tax year-end buying surge of over-6000 lb vehicles for commercial purposes, and farms have the biggest tax breaks I believe. This will pull the average prices higher as the higher price protects more money from taxes.