Forum Discussion
SidecarFlip
Oct 12, 2017Explorer III
harmanrk wrote:SidecarFlip wrote:
My mint 1997 7.3 OBS 4x4, 4 door long bed is worth around 20K today and appreciating all the time. I take goooood care of it too. Never seen snow and I live in snow country. I seldom take it out in the rain, unless I have to.
KBB would argue with that. Without knowing all the details of your truck, but going on the above, and figuring 10,000 miles a year (200,000 on a 20 year old truck) and using the standard options. KBB puts the trade value at only 6-8k, and the private sale value at a few dollars over 9k.
Nope, every option available in 1997 and 97K miles total or less than 5 a year. KBB value means nothing on my truck. It's the demand for the pre tier 4 engine with no emissions ****, the fact that it's an OBS and the fact that it's a 1 ton 4x4. Been offered 20 cash and turned it down.
2 years ago I had a guy approach me in a parking lot and wanted to trade even up, his Hummer for the truck. I looked at him like he was insane. I have as much use for a Hummer as I do for another wife...
KBB only reflects market value, not collectable value. I happen to own a very desireable and collectable truck. In fact, I insure it with a collectable insurance company for actual replacement value, not what KBB says.
6 more years an it gets 'Historical Vehicle' plates too.
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