Forum Discussion
JAC1982
Dec 13, 2017Explorer
Grit dog wrote:JAC1982 wrote:
I didn't watch the video in it's entirety to see what the end result was.
But, the sticker on our new truck was around $80,000. I'm not sure what options it DOESN'T have. But, we paid around 63k once you factor in extended warranty, a new hitch because our other one wouldn't work, fees etc etc etc. Actual price was closer to 60. It was a 2017 that the dealer got on a dealer trade, so they were just wanting to unload it. So, if that guy paid 80k for basically the same truck, well, too bad for him.
Interestingly enough, they gave us 53k for our trade, which was a 2015 F350 DRW Platinum with around 12,000 miles on it. We felt good about that too. I agree with the above comment that if you're on more of a budget, looking for a used truck that's a couple years old is better than trying to scrimp and compromise for a new truck.
Sounds like a screaming deal on the new rig!
But let’s dont pretend that $20k off sticker is even remotely common.
Trade in sounds great, but what did that truck cost new? Probably ran you close to $1a mile in depreciation even getting a good trade in value.
Used deals aren’t there, one can look but they’re as common as the $20k off deals....not very.
That said I agree 100% with the value of buying slightly used, most of the time. As evidenced by the 1 brand new vehicle we’ve bought EVER, even though we could by new easily. Newish truck today would be brand new from a Volume discount dealer because most of the used guys paid sticker so they’re asking as much as the volume dealers are for new.
Around 60 new for the old truck, got a good deal on it too, and traded in a year old F250 for it, which they also gave us a good trade in on then. Not saying we made money on the deal or anything, we're realistic and know that constantly trading in newish trucks for a newer one isn't the smartest financially. But for trading in a 2 year old truck, it was not bad deal at all. Only owed 39k on it.
And in our research, there were definitely deals to be had everywhere this time of year. All the dealers were offloading their 2017s for really good prices. Our local dealer where we bought it is somewhat of a volume dealer, only because trucks are more popular than cars in our area, but they're definitely small time compared to some others. These deals definitely weren't available for 2018s, just like they weren't last year when the new models came out for 2017.
Probably also depends on where you live. Around here, a clean, lower mileage used truck of any kind is hard to come by, which is why we did so well with the truck we traded in. We're in oil and gas country, and pretty much everyone in our neighborhood has at least one truck.
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