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Used Truck Prices
#13983413
05/03/21 12:37 PM
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Joined: Oct 2004
Posts: 38,822
KingwoodCat
OP
TFF Guru
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OP
TFF Guru
Joined: Oct 2004
Posts: 38,822 |
Are absolutely insane. Credit Karma says my 2017 Tundra SR 5 Crew Cab with 4WD with 60K miles is worth darn near what I paid for it new. What’s up with used truck prices?
"Any man who thinks he can be happy and prosperous by letting the government take care of him had better take a look at the American Indian".
Henry Ford
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Re: Used Truck Prices
[Re: KingwoodCat]
#13983419
05/03/21 12:43 PM
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Joined: Feb 2012
Posts: 7,686
Caymas Cx 21
TFF Celebrity
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TFF Celebrity
Joined: Feb 2012
Posts: 7,686 |
I just sold my 2020 f250 KR with 13k for 77k, paid 75 for it last October. Problem is I can’t replace it so I’m driving my 150 and have a 22 on order.
Last edited by 21xs Elite; 05/03/21 12:46 PM.
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Re: Used Truck Prices
[Re: KingwoodCat]
#13983431
05/03/21 12:56 PM
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Joined: Dec 2003
Posts: 21,300
fishmagnet
TFF Guru
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TFF Guru
Joined: Dec 2003
Posts: 21,300 |
Supply / Demand There’s minimal supply and HIGH demand right now, esp trucks. High prices!
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Re: Used Truck Prices
[Re: KingwoodCat]
#13983459
05/03/21 01:16 PM
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Joined: Apr 2021
Posts: 1,119
n2ratfishin
Extreme Angler
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Extreme Angler
Joined: Apr 2021
Posts: 1,119 |
The local Yoter dealer sends me a letter and or calls about once a week trying to get my 2018 SR5 Tundra. They are offering a few thousand less than I paid a few years ago. That would put them selling it for the same or more than I paid. Nothing wrong with the truck I have with 40,000 miles so I'll keep driving it vs taking a chance on another.
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Re: Used Truck Prices
[Re: KingwoodCat]
#13983469
05/03/21 01:20 PM
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Joined: Mar 2012
Posts: 11,008
BigDozer66
TFF Guru
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TFF Guru
Joined: Mar 2012
Posts: 11,008 |
I drove past every vehicle dealer here in town on Saturday and everyone of them looked like they had 1/2 or less of their normal stock.
2016 Ranger RT188 Charcoal Metallic Dual Console 2017 Yamaha 115 VMAX SHO (VF115LA) SS Prop Minn Kota Ultrex i-Pilot Link 45" 80 lb. Humminbird Helix 10 Mega SI BalZout Console Humminbird Helix 10 Mega SI BBT Bow Mount Trick Step
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Re: Used Truck Prices
[Re: KingwoodCat]
#13983470
05/03/21 01:21 PM
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Joined: Jan 2018
Posts: 141
LMG
Outdoorsman
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Outdoorsman
Joined: Jan 2018
Posts: 141 |
They are having trouble building new trucks as the computer chip shortage is an issue.
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Re: Used Truck Prices
[Re: KingwoodCat]
#13983474
05/03/21 01:23 PM
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Joined: Apr 2010
Posts: 26,161
patriot07
TFF Guru
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TFF Guru
Joined: Apr 2010
Posts: 26,161 |
Everything is going up. Home prices, truck prices, car prices, etc.
It's a double-whammy effect of inflation due to Trump printing so much money and a supply/demand imbalance due to covid. Biden is only going to exacerbate the money-printing part, so expect prices on everything to continue rising.
I paid $42k for my truck last fall and it's worth $52k private party today. Bought my wife's MDX last spring and it's worth more than it was then. Paid $240k for my house in 2012 and realtor says she'd list it for $489k today. Folks who saved their money are being left in the dust.
Life can only be understood backwards; but it must be lived forwards. - Soren Kierkegaard
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Re: Used Truck Prices
[Re: KingwoodCat]
#13983489
05/03/21 01:33 PM
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Joined: Mar 2009
Posts: 1,709
marschall
Extreme Angler
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Extreme Angler
Joined: Mar 2009
Posts: 1,709 |
One reason I ordered a new rebuilt motor for mine . After looking at getting another used one , no thanks I'll keep mine !
May your wiener schnitzel always stay above your lederhosein.
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Re: Used Truck Prices
[Re: KingwoodCat]
#13983589
05/03/21 02:36 PM
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Joined: Nov 2009
Posts: 39,362
Dan90210 ☮
Jr Deputy Dan
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Jr Deputy Dan
Joined: Nov 2009
Posts: 39,362 |
My truck had to go in for some warranty work and they could not give me a loaner, even though they were going to have the truck for an extended period.
That did not seem cool so I asked to speak with a Manager. The guy was super nice, but said Ford is not making enough cars for them to have any serious number of loaners. He said every car or truck he gets they are selling in a few days.
He said he had 4 loaners for the whole dealership... NOT a small dealership. The one thing he could promise me was that he would get me my truck back in half the time that the service writer told me, and they did.
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Re: Used Truck Prices
[Re: KingwoodCat]
#13983637
05/03/21 02:59 PM
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Joined: Nov 2004
Posts: 38,094
RickS.
TFF Guru
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TFF Guru
Joined: Nov 2004
Posts: 38,094 |
I paid 10k cash in April 2020 for my 09 Silverado LT Z71 crew cab. With only 126k miles on it. Sitting at 128k now. I just went and did a quick comparison on Marketplace. I could probably get a least 15k out of it right now in my area. I have no intentions on getting rid of it. But I had to look. Glad I bought it when I did. People thought I was nuts for dropping that kind of money in the middle of the lock downs. Looks like I timed that perfectly.
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Re: Used Truck Prices
[Re: KingwoodCat]
#13983704
05/03/21 04:01 PM
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Joined: Mar 2003
Posts: 10,726
Fishin' Nut
TFF Guru
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TFF Guru
Joined: Mar 2003
Posts: 10,726 |
This time last year I could have bought a gently used F150 Platinum for what a used base F150 is being sold for today.
He is truly a sick individual.
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Re: Used Truck Prices
[Re: patriot07]
#13983775
05/03/21 04:58 PM
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Joined: Dec 2007
Posts: 14,464
bloo_rainger
TFF Guru
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TFF Guru
Joined: Dec 2007
Posts: 14,464 |
Everything is going up. Home prices, truck prices, car prices, etc.
It's a double-whammy effect of inflation due to Trump printing so much money and a supply/demand imbalance due to covid. Biden is only going to exacerbate the money-printing part, so expect prices on everything to continue rising.
I paid $42k for my truck last fall and it's worth $52k private party today. Bought my wife's MDX last spring and it's worth more than it was then. Paid $240k for my house in 2012 and realtor says she'd list it for $489k today. Folks who saved their money are being left in the dust. you realize this started six months ago, right?
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Re: Used Truck Prices
[Re: KingwoodCat]
#13983779
05/03/21 05:00 PM
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Joined: Apr 2021
Posts: 1,119
n2ratfishin
Extreme Angler
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Extreme Angler
Joined: Apr 2021
Posts: 1,119 |
Gas prices will do more to kill truck and SUV sales than most other things. Consumers are obviously willing to pay for a truck tho most can do without one.
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Re: Used Truck Prices
[Re: KingwoodCat]
#13983820
05/03/21 05:25 PM
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Joined: Aug 2015
Posts: 3,952
Pintail711
TFF Team Angler
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TFF Team Angler
Joined: Aug 2015
Posts: 3,952 |
I’ve got a buddy of mine that had a new body style, f-250 lariat, 6.7 power stroke. 90,000 miles, absolutely ragged out, dents, every instrument light was on etc... they gave him $52k trade in. I almost died when he told me that. Something about these chips that dealers are having trouble getting.
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