What a deal!---no thanks

[Campinfan]

I keep getting offers from my dealer (in the mail) that I can trade my 2016 F350 for a 2021 for only $87 more a month (of course that is for many years). The blue book value is close to what I paid for it almost 5 years ago. But why would I do this? So I can trade it in and order a truck that will arrive who knows when? No thanks. I can't hook my fiver to my car so I need the truck.

[StirCrazy]

Campinfan wrote:
I keep getting offers from my dealer (in the mail) that I can trade my 2016 F350 for a 2021 for only $87 more a month (of course that is for many years). The blue book value is close to what I paid for it almost 5 years ago. But why would I do this? So I can trade it in and order a truck that will arrive who knows when? No thanks. I can't hook my fiver to my car so I need the truck.

I would do it if the newer one was a dual rear wheel, but I think thats the only reason I would trade my 2014 in.

Steve

[valhalla360]

Got me thinking. We are still working out if it's going to happen this year but we usually go overseas for 6-8 months in the winter.

If we were to sell in September, odds are the shortages should clear up by spring. That should put downward pressure on the used truck market as people who were hanging onto trucks buy new trucks leaving a glut of used trucks.

Might swing by a dealer in a couple months and see what they offer.

Just looked at similar trucks on craigslists and they are coming up 20-50% more than we paid for this one 4yrs ago.

[monkey44]

We bought at the right time - 2015. Got 60K miles, and will have it for a while, a loooooooooooooooooooog while. Chevy 2500HD 6.0, 4:10, 4x4, XCab SB. Not a better truck on the road for our camping style. Paid a little over half what a new truck lists for today. We might never buy another truck. 🙂

[dodge_guy]

Working as a tech. There is no way one of us or a service writer would give away a repair to he sales department unless the car wasn’t worth putting the money into.
With that said, dealers need used inventory so they are paying higher than they would have 6 months ago for a trade in, at the same time they have no new inventory and are trying to get top Dallas for what they have. It’s a wash as far as money goes.

[ACZL]

2006 Superduty w/6.0 on lawn down the road from me and it's written on w/s......$19,600.00

[jdc1]

I figure I've saved $160,000+ by keeping my truck.

[philh]

2021 SuperDuty, not a chance in hell

2022 SD order bank opened 3/15, and going into production 7/9. My chosen dealer effed me big time because their general manager "heard" something and effed up my order. So instead of being at the head of the line, I've been bumped back 2+ months on order scheduling.

SD trucks, no matter who the OEM are largely unobtanium right now. If you have one, then my best advise is to keep it.

[BB_TX]

12th Man Fan wrote:
I was in a large GM dealership the other day and they don't have anything to sell.

Same with our local large Ford dealer. Their nearly empty new truck lot had about 15 new trucks. Only 2 higher trim level. Normally they would have 100 or more.

I visited their web site and clicked on “value my trade” a few months ago. Returned KBB value was approx $30k. Tried it a couple days ago and it was over $37k. Great time to sell. But then what?

[12th_Man_Fan]

I was in a large GM dealership the other day and they don't have anything to sell.

[FishOnOne]

Flashman wrote:
Were any of them 6.0s?

No and there was no 7.3's on the list either.

[fj12ryder]

I've had offers from individuals to pay within a couple thousand dollars of what I paid for my 2001 Dodge Cummins dually 15 years ago. If I held out I could probably get what I paid for it, but then I'd have to buy something to replace it. I think I'll stick with it. With only 117,000 miles on it, it should be good for a few more miles.

[Thermoguy]

This is not new - this has been going on for years. Just a hook to get you to look at new cars or trucks. They have to start somewhere, but then find what your vehicle is actually worth, etc. Now make a deal:) Once they get you going they think you will fall regardless the price.

But, anyone thinking they want to buy a new car in 2021 has got to have some disposable money. Bad year to shop.

Once people stop buying things like trucks, trailers, plywood, etc, the market will come back down to a reasonable level and things will even out. Or so I hope...

[thomasmnile]

A new marketing tactic for dealers. Took our 2019 Highlander into the local Toyota dealer(purchased there). Got a phone call from a dealer salesperson while I was in the service lounge asking if I'd like to trade up. Laughable. The service department is sharing intelligence with sales staff who are twiddling their thumbs in their cubicles and feeling the heat from management to sell.

Then there's the never ending emails that go directly to spam.......

[Grit_dog]

thomas201 wrote:
I'm thinking about it, right after a September camping trip. I'll sell and order a new 22, I can wait until May of next year. The boss has her CRV and I got a 48 CJ2 for spring trout fishing.

I honestly wonder how much of this will happen.
I'm thinking the same as you.
Got a diesel truck that is currently worth way more than I have into it.
Got a new used camper that I have yet to use but could sell for at least a little more than I paid (now anyway).
Got a boat that would fetch as much or more now than what I paid 13 years ago.

Would have sold them all and filled the bath tub with $100 bills by now, but last year for our oldest son to be at home and got a 2 week family trip planned with all 3 units.
Anyone interested in a 2016 Ram, 2017 Toy hauler or a 2006 Mastercraft on July 25th, message me!!

I could easily get the old GMC finished, pull the sled trailer with that this winter (or make my buddy drive for once). Take next summer off from local camping and boating, go fishing in AK and likely buy back all the stuff I'd sell this year at a big discount... if I was a smart man...

[Grit_dog]

Flashman wrote:
Were any of them 6.0s?

That'd be a hard NO...lol