Forum Discussion
Paul_Clancy
Mar 09, 2014Explorer II
Do some simple comparisons on the web or at a lot and you will find
Diesel trucks DO get higher resale, so do 4wd trucks. No greater fool theory is needed. They simple don't depreciate as fast because they are desirable to the used buyer because of the high price of new. This has another interesting effect where used shoppers look at the high price of used low mile trucks and decide new with warranty is the better option. The real mystery is why a new gas truck with full load of options depreciates so quickly. Very tough to take at trade or sell off time.
Diesel trucks DO get higher resale, so do 4wd trucks. No greater fool theory is needed. They simple don't depreciate as fast because they are desirable to the used buyer because of the high price of new. This has another interesting effect where used shoppers look at the high price of used low mile trucks and decide new with warranty is the better option. The real mystery is why a new gas truck with full load of options depreciates so quickly. Very tough to take at trade or sell off time.
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