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What is my truck worth?

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Old 10-29-2008, 09:56 AM
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What is my truck worth?

Yesterday I looked at some 2008 F-250 XL's and wandering what my beast was worth. 5.4, Reg cab, 4x4, pretty much stock, 93K. Any ideas?
 
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Old 10-29-2008, 10:03 AM
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Condition of your truck makes a huge differance in value. $5k- $12k Take to a dealer and ask them will give you a good idea, get ready to be shocked.
 
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Old 10-29-2008, 10:42 AM
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I was planning on trying to sell it myself. The truck is in good condition.
 
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Old 10-29-2008, 10:52 AM
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About the only way is to look around at trucks in your area and see what they are SELLING for - not what people are ASKING. Which is pretty hard to do unless you keep calling people that are selling their trucks to ask them

Even NADA or Kelly Blue Book these days are not accurate - everytime the stock market drops people get skittish.
 
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Old 10-29-2008, 11:31 AM
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One, nada and kelly blue book haven't been accurate for a decade. The best thing to do would be to look at what dealers are selling their trucks for, maybe go in and see what they'd give you and expect them to mark it up at most 3 grand and atleast 1. that will give you decent range of what to expect.
 
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Old 10-29-2008, 01:20 PM
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Yup, what they said. Unfortunately, used truck values are all over the map, but generally painfully low. It is a complete supply/demand thing.

And supplies are very high - extremely high in some places. With lots for sale and not many buyers, you have to drop the price way low to win. When you factor in that some dealers are selling BRAND NEW 1/2 ton trucks for under $15k, that hurts the used market even more.

In my area, a clean stock 99 4x4 reg cab with 5.4 would be lucky to fetch $6K.
 
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Old 10-29-2008, 06:01 PM
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The dealers offered me about $8000 for mine. I would say somewhere between $4000-5000 if your lucky.
 
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Old 10-29-2008, 09:24 PM
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All I can say is its a buyers market out there.
 
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Old 10-29-2008, 10:42 PM
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5-6k I would think. I paid 10k for mine 5-6 years ago. The market stinks unless you can make it look like a prius...
 
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Old 10-30-2008, 02:43 PM
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I was just doing some research for myself.
It is absolutely a buyers market for large vehicles right now.

BUT, gas prices are plummeting. Americans are famous for quickly forgetting lessons learned. So demand should go back up for big trucks.

But the economic conditions make it very difficult to predict when. The best indicator may be to watch the factories. As long as huge discounts, low interest rates, and easy loans exist, the used market will suffer. As soon as they go away, used demand will surge.
 
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Old 10-30-2008, 03:21 PM
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You are right...now is the time to buy a new 08!, your 10 year old truck will just go down in value. Get a new truck if you can pay cash, remember you only live once for a short perion of time and the world may end in 2012.
 
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Old 10-30-2008, 07:54 PM
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Originally Posted by SBastow
Yesterday I looked at some 2008 F-250 XL's and wandering what my beast was worth. 5.4, Reg cab, 4x4, pretty much stock, 93K. Any ideas?
Go to edmunds.com. It will give you a better price estimate based on your geographical location as well.
 
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Old 10-30-2008, 10:31 PM
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craigslist here would put ya at about 6k
 
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