2017 superduty

In 2009 when there was a gas shortage and when you bought it you had to pay $5 a gallon I bought my 2007 F350 diesel for $17,000 with 24k on it. I still have it and have done the proper maintenance to keep it running for several more years.

Depending on the miles you could get that back or more if you sold it. Crazy.
 
Depending on the miles you could get that back or more if you sold it. Crazy.
Yeah the whole mantra about vehicles being a depreciating asset has been a bit tough to argue in some circumstances
 
I understand wanting to buy a nice new ride. Seems like everyone I'm going to graduate college with are going to buy or have already bought a new vehicle. I'm a couple years older than most of them and I have put myself where I am today. I have a 01 f250 and 3 other vehicles... That said they are all paid for and I can't understand why I would want a new truck since I will most likely have a company truck when I graduate. I've also bought my house it was cheaper than a new truck, i bought it from family but it's market value isn't much more than a new truck [emoji15]
 
I understand wanting to buy a nice new ride. Seems like everyone I'm going to graduate college with are going to buy or have already bought a new vehicle. I'm a couple years older than most of them and I have put myself where I am today. I have a 01 f250 and 3 other vehicles... That said they are all paid for and I can't understand why I would want a new truck since I will most likely have a company truck when I graduate. I've also bought my house it was cheaper than a new truck, i bought it from family but it's market value isn't much more than a new truck [emoji15]

Sounds like you have a working brain in your head. Which has now become the minority...
 
With the cost of nearly new vehicles sky high, the new vehicle price actually looks appealing


A few months ago I was looking for a truck...

New 2016 F350 diesel, leather, blah blah... $65 sticker, sale price of about $58k, even with an extended warranty. (Not an awesome price but not bad...). A lot but not too bad when considering the same truck but a 2014 with 50,000 miles was $47,000 and half of its warranty.


The resale of used trucks has gone up so much new trucks actually seem reasonable.
 
With the cost of nearly new vehicles sky high, the new vehicle price actually looks appealing


A few months ago I was looking for a truck...

New 2016 F350 diesel, leather, blah blah... $65 sticker, sale price of about $58k, even with an extended warranty. (Not an awesome price but not bad...). A lot but not too bad when considering the same truck but a 2014 with 50,000 miles was $47,000 and half of its warranty.


The resale of used trucks has gone up so much new trucks actually seem reasonable.

JKs, and Tahoe/Burbs are the same way also
 
I bought my last brand-new truck in 2001 when I was still in college. I learned that lesson early! It is very doubtful that I will ever purchase a new vehicle again. It makes almost zero financial sense. I have a friend that always has to have new and my brother always has to have something new. I don't understand it at all.
 
With the cost of nearly new vehicles sky high, the new vehicle price actually looks appealing


A few months ago I was looking for a truck...

New 2016 F350 diesel, leather, blah blah... $65 sticker, sale price of about $58k, even with an extended warranty. (Not an awesome price but not bad...). A lot but not too bad when considering the same truck but a 2014 with 50,000 miles was $47,000 and half of its warranty.


The resale of used trucks has gone up so much new trucks actually seem reasonable.

You are not shopping thoroughly. You can get much better deals. I just checked autotrader.com and found several trucks 2014 and newer for less than 40k with less than 40k miles. Keep in mind it's ok to drive 6 hours to save $10,000

I have often thought there should be business where people contact someone to help them buy a vehicle and that person would save them $1000's for a fee of maybe $200. The reason it won't work is that dealers do a good job of making someone feel like they are getting a good deal. I have seen many friends brag about their good deals and really they paid a premium.
 
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You are not shopping thoroughly. You can get much better deals. I just checked autotrader.com and found several trucks 2014 and newer for less than 40k with less than 40k miles. Keep in mind it's ok to drive 6 hours to save $10,000

I have often thought there should be business where people contact someone to help them buy a vehicle and that person would save them $1000's for a fee of maybe $200. The reason it won't work is that dealers do a good job of making someone feel like they are getting a good deal. I have seen many friends brag about their good deals and really they paid a premium.


I looked around quite a bit, even as far away as TX. My current truck I had shipped in from Dallas a couple years ago for very reasonable.
 
Father in law was offered 37k for his 2013 250 extended cab xlt with 94000 miles,that's trucks a gas burner that truck wasn't 42 brand new. That tells me they plan on selling this truck for more than it was new. Is that not crazy.
 
Father in law was offered 37k for his 2013 250 extended cab xlt with 94000 miles,that's trucks a gas burner that truck wasn't 42 brand new. That tells me they plan on selling this truck for more than it was new. Is that not crazy.

That's not how the "game" works. With no trade they might have discounted the price of the new one $8000. They may sell his truck for $32k and someone feels like they got an amazing deal because the dealer shows they paid $37k for it and took such a huge loss when they really made $3000. I have a friend that runs a dealership. The games they play are amazing.

The weirdest thing to me is they don't sell cars. They finance cars. Many people only care about the payment amount. So sad...
 
That's not how the "game" works. With no trade they might have discounted the price of the new one $8000. They may sell his truck for $32k and someone feels like they got an amazing deal because the dealer shows they paid $37k for it and took such a huge loss when they really made $3000. I have a friend that runs a dealership. The games they play are amazing.

The weirdest thing to me is they don't sell cars. They finance cars. Many people only care about the payment amount. So sad...
Maybe that's the deal. You know how it is if it your ears don't hear it.
 
[QUOTE="GubNi, post: 1444789, member: 27"The weirdest thing to me is they don't sell cars. They finance cars. Many people only care about the payment amount. So sad...[]/QUOTE]

This^^^

All anyone is worried about these days is how much it will cost them per month. Many dealers just ask, what do you want your payment to be? Not how much do you want to spend.
 
All anyone is worried about these days is how much it will cost them per month. Many dealers just ask, what do you want your payment to be? Not how much do you want to spend.


My parents were looking for a newer vehicle and the dealer didn't have price of cars listed so be asked and he was told he had several options on amount of months and what his monthly payment could be. He asked for a price of vehicle again and they asked what he wanted to Pay per month .. He got up and walked out.
 
Yep.
The monthly payment thing is aggravating.

When I bought my last truck I told the dealer I ultimately bought from "We will be negotiating based on payment amount. However my finance term will be 1 month. That is what you and your sales manager crony need to understand."

Dude was a rockstar salesman. Asked what I wanted called me back 4 hours later with 6 choices and true out the door prices. Explained why the middle priced one was actually worth considering because of some rebate BS on some package that made it basically a free throw in that usually runs $2k. They were all 10% below anything else I ahd found on the web or truecar after searching for 2 months.

Ive referred 3 more folks to him since and theyve all had the same experience. 1 didnt buy but he threw the number out there right away.

If anyone is looking at Toyotas, and willing to drive to Hickory hes good.
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I tend to walk away when they ask that.

Then you are missing out on the number one way to negotiate the best deal.

All anyone is worried about these days is how much it will cost them per month. Many dealers just ask, what do you want your payment to be? Not how much do you want to spend.

Ok, so if we can assume this is common knowledge, then use it as your best negotiation tool. It take 10 minutes to educate yourself on interest rates and cost per month at different "out the the door prices".

I've signed my best deals on cars without talking about the "out the door price" a single time after their first proposal. You can use interest rates and a monthly number against the dealer just as much as they use it against Joe Public.
 
Then you are missing out on the number one way to negotiate the best deal.



Ok, so if we can assume this is common knowledge, then use it as your best negotiation tool. It take 10 minutes to educate yourself on interest rates and cost per month at different "out the the door prices".

I've signed my best deals on cars without talking about the "out the door price" a single time after their first proposal. You can use interest rates and a monthly number against the dealer just as much as they use it against Joe Public.


You can, but you are negotiating their way. They will certainly have you out experienced. So throw them a curve. Take all their best lines and squash them up front. Now make them negotiate on your terms. Flat number.
Besides I get .9% at my bank, why would I ever use their lender.
 
And speaking of truck price inflation: I remember a post from @jeepinmatt said he bought an older high mileage Duramax, drove it several years, then sold it for more than he paid for it!
Maybe he will chime in.


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Nothing to see here, move along ;)

You make the money when you buy, not when you sell.
 
You gotta be smarter than the flatbillers. Buy the truck they don't look cool in. Duallys, C and Cs, service bodies, etc. Normally theyre rhousands cheaper. When I get to a point where I need a diesel, that's what I plan to do.
 
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