Unmanaged inflation was set off in April 2020. (Arguably it began in 2017, but was managed for a time. Peaking in 2018 until now.) Nothing to do with Biden other than since taking office he’s doubling down because he has to. Anything he could do to stop it (if anything can be done at all) would be political suicide. Unfortunately not stopping it is also political suicide. The Democrats lose one way or the other medium term. A brilliant chess move by Republican leadership that knew their time was numbered, but that it’s a long game. Brilliant if all you care about is political power and not the security of the country at least.
Anyway, yes, these trucks will be 100k+ by the time we’re ready to upgrade.