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Does this price (truck) seem way too cheap?

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Old 05-14-2008, 11:44 PM
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Does this price (truck) seem way too cheap?

Cars For Sale: Car Details - AutoTrader.com

19.5 for an 06 f250 CC v10 4x4

What am I missing here?
 
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Old 05-14-2008, 11:57 PM
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Hard to say now a days. I don't neccesarily think it's too cheap, depends on the market out there. Trucks are moving very, very, very slowly here.

Maybe it's the way trucks are in WI. I flew out there last year to get my latest one. Great truck and a great deal! Find out if it was an auction truck or not, and don't just ask them. They can show you the title, even if they don't want to reveal the name of the person (not that it is private info at all BTW). If it hasn't been reassigned by another dealer, it isn't a wholesale or auction truck. Not that they are neccesarily bad. Just means that the person traded it in and did business with the dealership, and the dealer wanted the truck. (or hit the guy so hard on the head they're still laughing about it!)

Oh, and it's never TOO cheap. It can always be cheaper. My truck was originally 21,500 on the lot. They were asking around 19,500 on ebay. I got it for 17,100 off their lot. Cost to go and get it of course, but it was a great trip back through WI and Chicago!
 
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Old 05-15-2008, 12:24 AM
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thanks for the advice, I just dont want a buy back or a flood truck, or some other kind of nightmare
 
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Old 05-15-2008, 12:55 AM
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Yeah, one truck nightmare is enough lately!

Don't forget the normal stuff, carfax, oasis.

My dealer was nice enough to send me great pictures of underneath of the truck and the engine, in addition to ones already on ebay. It had a problem with a rear caliper bolt and they fixed it right away too!

What the heck,

Gagne Ford

Smallest Ford dealership I've ever seen.
 
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Old 05-15-2008, 09:08 AM
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The truck has only been in once for a faulty wheel speed sensor. That was back in Dec. '05. Other than that the OASIS is clean...

As aldridgec mentioned, the pricing could be due to the current market. The market is saturated with used SD's which are not selling. Dealers do not even want them on trade-in and when they do, you would be lucky to get more than wholesale/auction value.
 
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Old 05-15-2008, 09:14 AM
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Looks like it may be a good deal. A closer look reveals that it has dual exhaust. A single CD player with aftermarket speakers in the door, so it may have had an amp and sub box before being traded. It has tow command, but no upfitter switches. Can't see in the bed because of the cover, might have a 5th wheel or gooseneck hitch. The tires have been replaced and have a lot of weights on them. The cheesy plastichrome handle covers are easy to remove. Worth a closer look I'd say. That truck would have already been sold here in south Texas.
 
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Old 05-15-2008, 10:22 AM
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With gas being so high, I'd say that anything goes with V10s. The only thing that concerns me is that it's at a small dealership. I just don't trust them.

Other than that, I'll race you to it.

Mike
 
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Old 05-15-2008, 10:58 AM
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Its worth doing some homework on for sure. They might just be trying to get rid of it. Gas price/economy does play a role for sure. My roommate could not give his '02 V10 4x4 away. Only 40K and he had people only offer around $10K! Big trucks are going for less then Blue Book Value.
It very well could be a great truck. check out every inch of it and then make your decision.
 
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Old 05-15-2008, 11:53 AM
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Thats probably about right. 50000 miles is a lot for an 06. And V10's are not good sellers, especially right now. If you really like it, do some research on it and if it
checks out, offer him $17000. and go from there
 
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Old 05-15-2008, 02:21 PM
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It's certainly not a super low mileage truck, but a lot? Not so sure. I guess I drive more than normal and work on trucks that are driven too. Last two I worked on was an 06 101k and 05 137k
 
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Old 05-15-2008, 02:37 PM
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Its a buyers market right now big time for vehicles with relatively low mpg and with current high fuel prices . the dealers inventorys are oversaturated with these used suv/ trucks and the market value on these vehicles have dropped at least $5000 minimum in the last 2 months. Dont even think about trading in one these days on a smaller more fuel efficient vehicle, or you will be shocked by how little you are offered as a trade in, if they will accept it at all. If you tried to trade in the same vehicle, the trade in would be $10,000 or less.
 
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Old 05-15-2008, 02:38 PM
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I bought my 03 last year and it had just turned over 50,000. If I was looking at an 06,
that would be too many miles, especially on something that doesn't hold its value any way, like the V10.
When you go to sell a car or truck the one thing that really hurts the value is high miles.
The trucks you worked on sound like commercial vehicles. I would consider either one you mentioned extremely high miles if it belonged to an individual and not a company.
Just my $.02 worth
 
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Old 05-15-2008, 05:05 PM
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Originally Posted by jake00
Cars For Sale: Car Details - AutoTrader.com

19.5 for an 06 f250 CC v10 4x4

What am I missing here?
Looks like a very nice truck to me. The price seems low for the year and mileage, but who knows with the current fuel prices and slumped economy. I'd go look at it quick, someone might have already snatched it up.
 
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Old 05-15-2008, 08:53 PM
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Originally Posted by madjak
The trucks you worked on sound like commercial vehicles. I would consider either one you mentioned extremely high miles if it belonged to an individual and not a company.
Just my $.02 worth
They're not, but I don't disagree. It's all realative! I'm seeing more and more vehicles exceeding the considered "average" of 12,000 a year.
 
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Old 05-15-2008, 11:56 PM
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I already have 25k miles in my '08. I bought it exactly 1 year ago with 3 miles on it.
 



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