"Downgrading" trucks

LIKE2BUILD wrote:

Old-Biscuit wrote:
Paid for or not.....if not used frequently SELL IT

Get max $$$ now and use to purchase the 1500

Right tool for the right job at the right time!

I am leaning in that direction for sure. I'm asking myself if I don't NEED an HD truck why keep it when it still has high value?
But as others have said, a paid off HD truck with known history has it's advantages.

I do have a beater car that I drive to keep miles off the truck, but that's also one more set of wheels to maintain, register, and insure. Over time that all adds up quite a bit. If I go to a 1500 I can sell the beater and be down to a single vehicle.

To give a bit of context I bought the Ram HD for a song. Seriously, the deal I got was about $9,000 under book value 4 years ago. In fact, current book value on the truck is still $1,500 ABOVE what I paid for it :B :E Currently the truck has 141,000 miles. I've been shopping online a lot and basically I could sell the HD, buy a 2015 or 2016 Ram Ecodiesel with about 50,000 miles, and walk away with $5,000 cash in hand. Are the lower miles and cash in hand worth it?!?!?

I thought about offering the 5th wheel and truck as a package deal but I don't know how many buyers are out there looking for that kind of deal. I know the truck will sell easily on it's own so maybe the right thing is to sell the 5th first, then test the waters to see if I can get my top dollar out of the truck. If that happens then I walk away happy and if not, well I just keep it.

We will be empty nesters in 6 years and I'll have at least 8 more years after that before I retire so I'm trying to think long term here. The big takeaway is that I'm not in a financial pinch. I don't HAVE to move it, but it just doesn't make sense for valuable assets to set unused.