Ford 2009 V-10

[canoetrpr]

Ok nobody pays MSRP for the vast vast majority of vehicles sold in North America. Nobody pays MSRP for the trucks we are talking about here anyway and I'm willing to bet you are not going to get 50% off on a Camaro or a Challenger after a couple of years.

My point being that when you say that people are paying 40 and 50% off sticker and claimed that "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.", the numbers you quote, since they are based on MSRP which I sure hope nobody is paying for the trucks we are discussing make it sound a LOT worse than it is.

Around here you can purchase brand new for 20% off MSRP and while the discounts have gotten bigger with the current mess, for as long as I can remember the domestics have been discounting vehicles such as the ones we are discussing, for quite a while.

At the end of the day, you are saving 20% or so for a two year old vehicle which might be well worthwhile to you but it sure isn't the 45% less than what the first owner paid.

 

[canoetrpr]

Also FWIW - when I priced out 1-2 year old diesels compared to new prices, they held their value a LOT better than 1-2 year old gas trucks compared to new prices.

They typically hand more miles than the 1-2 year old gas trucks as well.

And when I say new price I'm referring to what you can actually buy it for - not MSRP.

I found that well kept 2 year old Dodge RAM and GMC diesels pretty darn close to what I could purchase for new - certainly not enough of a discount to convince me not to buy new anyway.

 

[Dargo]

Also FWIW - when I priced out 1-2 year old diesels compared to new prices, they held their value a LOT better than 1-2 year old gas trucks compared to new prices.

I deal in the world of statistics. They are rather easy to research and replicate. Used diesel pickups will indeed sell for more than their gas counterparts. However, percentage wise, it is a proven and undeniable fact that they are not currently holding a higher percentage of their original sales price than gasoline powered pickups. I don't have anything to do with making up these numbers. My opinion does not matter. I'm simply telling you that gasoline powered pickup trucks lose no more value, percentage wise, than diesel pickups. Your easiest way to verify this is to just call any lending institution that does balloon financing or leasing and ask them what the 2, 3, 4 and 5 year residual values are for the same model pickup in gas and in diesel.

 

[canoetrpr]

Fair enough Dargo. My sample size is small, based on my local area and was done over the month or two that I was looking.

That 2009 V-10 you picked up sure sounds like a nice truck and is well suited for what you are using it for. I wouldn't bother with diesel either if I was driving as much as you.

 

[Dargo]

Fair enough Dargo. My sample size is small, based on my local area and was done over the month or two that I was looking.

That 2009 V-10 you picked up sure sounds like a nice truck and is well suited for what you are using it for. I wouldn't bother with diesel either if I was driving as much as you.

That truck I bought last year is a diesel. I already had the V10 6.8. Although I prefer the diesel, when fuel prices were really high I felt compelled to drive the gas powered vehicle unless I was towing heavy. Now I almost always drive my diesel pickup if drive a pickup.

As I mentioned, I have no control over residual values and can only "read 'em and weep". I have 3 GM products and I clearly held on to them too long. Due to GM's troubles and huge discounts existing GM owners (like me) have taken a blood bath on depreciation. It's pretty well unheard of to not lose money on a vehicle and they are considered depreciating assets. Some just depreciate more than others. That leaves scavengers like me with plenty to pick over when looking at 1 to 2 year old vehicles.

 

[FlaDon]

I regularly see 20 to 21 mpg on the freeway on roadtrips in the summer monthes. The avg is around 18mpg with mixed city and highway driving. The best I ever saw out of my V-10 reg cab 4x4 dually with an auto and 4:30's was 12mpg, normaly it was closer to 10 or 11mpg.

Whether or not somebody beleives the mpg numbers I have posted , or thinks I bought the wrong truck, the wrong engine, or the wrong color is of no concern to me , as I bought it to serve me, not them.

I agree a gas engine in a fullsize pickup today can see 150k or more if it leads the proper type of life. I bet a v10 ford, 6.0 GM or a 5.7 hemi dodge could obtain that pretty easily if it were used as a commuter most of the time, and did not tow any real weight on long grades. However, hitch up a 28 foot enclosed with a race car in it, and tow up through Fancy gap in Virginia 5 or 6 times a year with one of those gassers screaming at 3500 or 4000 rpm for 4 or 5 miles climbing a grade, the odds are you will be changing that gasser out at around 120k or so. I am basing this on a buddies V10 I replaced for him about a year ago with a broken timing chain, and my brother in laws old 1500 ram with a magnum 360. Two cracked cylinder heads in 5 years before he traded up to a diesel.

There is considerably more to picking the correct engine for the application than a couple of mathematical formulas for oil changes and fuel cost on a message board. How about how much weight will you be towing for how many miles through what terrain at what elevation, do you own a business with your own fueling terminal, if so, what fuel are you set up to dispense, will the vehicle be used for short commuting or long trips, winter driving, if so how cold etc. etc.

It always amuses me when somebody thinks that they bought the only good type of truck, and every one else with something different bought one that was to under powered, or spent to much on a big engine that they probably almost never need anyway. The reality of the situation is the reason we have so many different combinations of chassis and driveline configurations is because there are so many people with so many different needs to fill with they're trucks. One mans perfect do everything truck may be another mans lemon. Buy what you like and be happy with it, don't waste your breath trying to convince somebody else they should have bought exactly what you did.

I go thru there every trip north or south. Even used US 52 to bypass traffic jammed up on I-77 from Bland to the tunnel. No problems whatsoever with the 8.1 and it only turns 2800 to 3200 if doing 65 from a dead stop at the NC/VA stateline. If its safe to run 70, it will drop down into 5th with a load of 10K + the 6K truck weight.

 

[RobJ]

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.

Rebates and such can usually be had on gas or diesel trucks. Same as 0 apr, X plan, etc.

But here is another thin on the previous posters about putting 25k on a truck per year and getting the payback faster. What if you don't drive that much. I've seen many post in the trailer section that guys have diesel or gas trucks and don't put 10k a year on them. So that brings the payback out to 10 years! Not to mention the cost of a second vehicle I guess they are driving. Myself, since I got my truck have averaged 14k per year. But is is my main vehicle. But because of it's size, if we go somewhere...depending on where it is, we would drives my wifes old surburban or now like to drive her new (used) RX350 whe got.

 

[RobJ]

Yes



Are we not talking about trading every 2 years.



I pay cash and I am not rich.

My old man is well to do and you can bet he cares about his resale.

Maybe if you drove a diesel you would have more money.

I would call you better off than most of you can lay out 40-50k cash on a truck. I would question laying out that much cash if you can also get 0% financing. Even a 2% MM will pay $800 a year on 40k.

 

[Duffster]

I would call you better off than most of you can lay out 40-50k cash on a truck. I would question laying out that much cash if you can also get 0% financing. Even a 2% MM will pay $800 a year on 40k.

I am quite positive I am no better off than anyone on this forum.

I don't spend $40 or $50k on trucks either.

Where I come from Cash is King.

Even if the 0% is available we all know 0% is really never 0% but that is the topic of another thread.

If I come off as sounding like diesel is the only option then I apologize because that is not my intention.

As Dargo has figured out I like to debate and play devils advocate and show the flip side of a coin.

 

[Dargo]

As Dargo has figured out I like to debate and play devils advocate and show the flip side of a coin.

And, if I'm not mistaken, you can debate a fella like crazy and then go have a beer with him without harboring any ill feelings or act like you're better than him no matter how the debate came out.

Me, I live in a tent with my whole set of Matchbox cars; some gas and some diesel.