Ford 2009 V-10

[RobJ]

People that trade every 2 years might not realize the benefit of long life but the realize the better resale.

Again, if you pay $6000 more for the diesel, you should expect more when you resale....that makes sense to me. But if you trade every 2 years then you lose even more because the initial deprecation hasn't caught up with it yet. The best way to get your money out of something is to keep it for a long time. The guy who trades every year or 2 should be looking at a lease. He's commited to car payments, or he pays cash and doesn't care.

 

[RobJ]

The guys that don't understand the value of a diesel over gas are usually the guys that never towed anything with a diesel with any degree of repetition. I can see Rob J's point. Basically, he never uses his truck for anything but commuting to a bus station, so why would he buy a diesel? He doesn't need the power & economy of a diesel truck because he doesn't need a truck for heavy towing.

By Joe I think he's got it! Even though this is another ribbing of Rob and how he uses his truck, it's the truth and the point we are getting at. Builder take a poll of the trucks you see on the freeway next time you are not sitting in front of a computer(BTW..that's my job). I bet 9 out of 10 trucks like the ones on topic here are NOT pulling a trailer. They are empty. And I bet 1 out of a 100 you see is actually pulling 10k# plus. It's just a plain fact that most people pull nothing most of the time. Some drive a pickup...because they just want to. Some buy a diesel...and pull nothing...because they want to. And some people buy a Prius.

If you pull that much weight all the time...then the F550 and F650 guys will start asking why mess with a dinky 250 or 350!

 

[Builder]

By Joe I think he's got it! Even though this is another ribbing of Rob and how he uses his truck, it's the truth and the point we are getting at. Builder take a poll of the trucks you see on the freeway next time you are not sitting in front of a computer(BTW..that's my job). I bet 9 out of 10 trucks like the ones on topic here are NOT pulling a trailer. They are empty. And I bet 1 out of a 100 you see is actually pulling 10k# plus. It's just a plain fact that most people pull nothing most of the time. Some drive a pickup...because they just want to. Some buy a diesel...and pull nothing...because they want to. And some people buy a Prius.

If you pull that much weight all the time...then the F550 and F650 guys will start asking why mess with a dinky 250 or 350!

And by Joe, maybe you get my point, too!! No ribbing, just truth, right? I do pull a trailer frequently enough, and I do rack up the miles, and I do keep a truck 7-10 years, so I guess maybe a diesel works better for me and your empty, unloaded, gas commuter truck works for you.

Wow, next thing you know we'll actually understand and respect each other......

 

[Dargo]

I don't like a Prius.

 

[RobJ]

Wow, next thing you know we'll actually understand and respect each other......

hmmm, respect? Your kidding.

Thanks but no thanks. I'll leave it at that.

Have a nice day.

 

[Duffster]

Again, if you pay $6000 more for the diesel, you should expect more when you resale....that makes sense to me. But if you trade every 2 years then you lose even more because the initial deprecation hasn't caught up with it yet. The best way to get your money out of something is to keep it for a long time.

Around here diesels resale value is very high. The diesel option price depreciates very little and tends to hold up the value of the rest of the truck. Not mention if the guy drives ~25k a years the diesel is ~half paid for.

The guy who trades every year or 2 should be looking at a lease. He's commited to car payments, or he pays cash and doesn't care.

Doesn't care?

 

[Dargo]

Around here diesels resale value is very high. The diesel option price depreciates very little and tends to hold up the value of the rest of the truck.

I bought my mint condition 2006 diesel pickup for just over 45% of the original sticker price last year. Each manufacturer, Dodge, Ford and GM were all selling for prices between 40% and 50% of their value 2 years later. I'm not sure what you consider "very high" resale, but I sure wouldn't want to be on the first owner side of those pickups. Actual percentage of retail wise, gasoline pickups were closer to 50% to 55% at that time. It wasn't too many years ago that several SUVs had residual values close to 45% after five years; not two years. Actually, for the last 3 year in a row, Toyota pickups have had the highest residual value of all pickups sold in the U.S. Unfortunately for us, Toyota doesn't sell any diesel pickups here in the states. All of their high residual value pickup trucks are gasoline powered.

 

[jwstewar]

On resale value, how does this figure in, we purchased a new 2008 Chevy Suburban 1500 4x4 in December for 60% of the sticker price. It had 13 miles on it when I drove it off the lot. I'm figuring GM took the depreciation hit for me as it KBB/NADA value is still more than I paid for it. Though, I believe both of those books estimate high.

 

[RobJ]

Around here diesels resale value is very high. The diesel option price depreciates very little and tends to hold up the value of the rest of the truck. Not mention if the guy drives ~25k a years the diesel is ~half paid for.



Doesn't care?

Aren't you the person who posted the payback mileage at 100k? If so 25k would be 1/4 or the price. Not to mention oil changes, etc. There are a lot of factors that effect the value of a truck. Engine is one of them. appearance is another biggie. Are the tires bald or wearing. I bought a used car once that needed tires...very bad condition. Made a call to discount tire and got a price. I got 75% of the tire price off the car. This was a private sale, but to finish the story, when I got to discount tire, they misquoted me. Gave me tires 2 steps up for the cheaper price. Actually I just remember on my wifes Surburban we just traded, when we bought it used it needed tires. Dealer said what kind to you want.. 4 brand new BFG Trail TA in a 30x9.5 size(bigger than stock). This would not normally get factored into a sale price. Just an example.


Doesn't care? IE rich people. If I was sitting on a ton of money, yeah I wouldn't care either what the resale value is....just want one. But I'm not sitting on a ton of money.

 

[Ryan03]

There are a lot of factors that effect the value of a truck.

Exactly right, Some are whithin the owners control, such as appearance and maintenence {tires that you mentioned}. Some factors are not, such as Rebates/0% financing offers on new like model trucks, as well as both gasoline and diesel fuel prices. In my part of the country, it was hard to give away a fullsize gas or diesel truck when gas was $3.00+ per gallon and diesel was approaching $5.00 [ I think it got to $4.89 per gal.]. Season is another thing, in my part of the country, clean 4x4's always command top dollar in the fall and winter.