Doing research on new trucks
#1
Doing research on new trucks
Hey guys, I did some research on trucks on I wondered if I could get some feedback...
I had pretty much decided on an F150 Ecoboost Lariat Supercrew 6.5 4x4 HD Payload package and Max tow, then the wife saw a picture of a 2013 SuperDuty Platinum and said, we should get the diesel! Love that woman but have to do the research first.
Background...Have been driving F-150s for the last 7 years and hadn't towed much. When we got horses I noticed the payload limitations I was facing. The 5.4 was a good engine but my payload was 987lbs! (loaded Lariat) Have decided on a 2 horse gooseneck vs bumper pull for stability and safety. We will be pulling the trailer 2-8 times a month and all I have seen are under 7K GVWR. 7K-8K seems the borderline GVWR for getting a Superduty. I will be getting a trailer that has a loaded (25% of GVWR) pin weight of 1500lbs or less. Also looking at TT's under 7.5K GVWR.
So 3-5k a year towing max, mostly short trips. I currently do 22K miles a year unloaded so unoaded ride and mileage does add up.
Sorry about the long introduction but here is what I "think" I have found out:
Superduty cost of purchase increase: 6.5K more (priced it out how I want em)
Superduty increased cost of ownership over 3 years: ~$7,000 (Inital cost, Maintenace, increased fuel cost of 20%, based on average fuel economy of 15 mpg vs 16mpg average of Ecoboost)
Superduty increased resale value after three years: $8,875 (options based on Nada values)
So it seems the Diesel would pay for its increased cost of ownership by resale value. Great! After that is where I ran into my issue. I have been driving new trucks every three years and tired of the constant trading and payments.
So I looked at keeping the truck 6yrs and 10yrs to see if the diesel would start to leave the gasser behind. Was disappointed...basing the original $2.4K a year extra in fuel and maintenance and cost. The resale of the diesel at 3 yrs, 66K miles was as I stated ~$9K ($2K ahead) more than the F150. At 6yrs, 132K miles it is ~$5.6K more ($1.4K more expensive) and at 10yrs, 220,000 miles it is $4.5K ($2.5K more expensive) (of course at this point the numbers change since there will be no payment).
I thought deisels at 120K-220K miles would further distance itself from the gasser ecoboost, but it doesn't seem to. The diesel seems to be worth it for 3 yrs and trade in, but thought the reason to buy a diesel was to keep it longer. Any ideas?
Long post I know and I'm ready to answer any questions on my research as most of the details didn't make it in here due to the already long post. Thanks guys and gals!
I had pretty much decided on an F150 Ecoboost Lariat Supercrew 6.5 4x4 HD Payload package and Max tow, then the wife saw a picture of a 2013 SuperDuty Platinum and said, we should get the diesel! Love that woman but have to do the research first.
Background...Have been driving F-150s for the last 7 years and hadn't towed much. When we got horses I noticed the payload limitations I was facing. The 5.4 was a good engine but my payload was 987lbs! (loaded Lariat) Have decided on a 2 horse gooseneck vs bumper pull for stability and safety. We will be pulling the trailer 2-8 times a month and all I have seen are under 7K GVWR. 7K-8K seems the borderline GVWR for getting a Superduty. I will be getting a trailer that has a loaded (25% of GVWR) pin weight of 1500lbs or less. Also looking at TT's under 7.5K GVWR.
So 3-5k a year towing max, mostly short trips. I currently do 22K miles a year unloaded so unoaded ride and mileage does add up.
Sorry about the long introduction but here is what I "think" I have found out:
Superduty cost of purchase increase: 6.5K more (priced it out how I want em)
Superduty increased cost of ownership over 3 years: ~$7,000 (Inital cost, Maintenace, increased fuel cost of 20%, based on average fuel economy of 15 mpg vs 16mpg average of Ecoboost)
Superduty increased resale value after three years: $8,875 (options based on Nada values)
So it seems the Diesel would pay for its increased cost of ownership by resale value. Great! After that is where I ran into my issue. I have been driving new trucks every three years and tired of the constant trading and payments.
So I looked at keeping the truck 6yrs and 10yrs to see if the diesel would start to leave the gasser behind. Was disappointed...basing the original $2.4K a year extra in fuel and maintenance and cost. The resale of the diesel at 3 yrs, 66K miles was as I stated ~$9K ($2K ahead) more than the F150. At 6yrs, 132K miles it is ~$5.6K more ($1.4K more expensive) and at 10yrs, 220,000 miles it is $4.5K ($2.5K more expensive) (of course at this point the numbers change since there will be no payment).
I thought deisels at 120K-220K miles would further distance itself from the gasser ecoboost, but it doesn't seem to. The diesel seems to be worth it for 3 yrs and trade in, but thought the reason to buy a diesel was to keep it longer. Any ideas?
Long post I know and I'm ready to answer any questions on my research as most of the details didn't make it in here due to the already long post. Thanks guys and gals!
Last edited by jcb206; 05-19-2012 at 11:05 AM. Reason: My initial cost on ownership was $3K more for but it seems my numbers were off. New numbers $2.4K more per year.
#2
Welcome to FTE jcb206,,,,
DUDE,,,, way to much figerin for me,,, the diesels used to be worth it,,, 7.3's had good re-sale,,, still do,,due to the fact that they got good mileage,,, the new diesels are so jacked,, they are only getting 1 or 2 mpg's better than the gas,, as you stated,, and the price of diesel is inexplicably higher than gas,,,,
The Eco boost is reated for 11000# towing correct? Outstandingly respectable in a 1/2 ton,,
So my thought is,,, are you trying to justify the extra cost of the Super-Duty to your wife and/or to your brain? Because realistically,,, a vehicle is a losing proposition from the get go,,,
Buy an Older nice Super-duty diesel for towing the horsies,, and buy a new Eco-boost F150 for the running around,,, said the guy with 7 or 8 trucks!!
DUDE,,,, way to much figerin for me,,, the diesels used to be worth it,,, 7.3's had good re-sale,,, still do,,due to the fact that they got good mileage,,, the new diesels are so jacked,, they are only getting 1 or 2 mpg's better than the gas,, as you stated,, and the price of diesel is inexplicably higher than gas,,,,
The Eco boost is reated for 11000# towing correct? Outstandingly respectable in a 1/2 ton,,
So my thought is,,, are you trying to justify the extra cost of the Super-Duty to your wife and/or to your brain? Because realistically,,, a vehicle is a losing proposition from the get go,,,
Buy an Older nice Super-duty diesel for towing the horsies,, and buy a new Eco-boost F150 for the running around,,, said the guy with 7 or 8 trucks!!
#3
Welcome to FTE jcb206,,,,
DUDE,,,, way to much figerin for me,,, the diesels used to be worth it,,, 7.3's had good re-sale,,, still do,,due to the fact that they got good mileage,,, the new diesels are so jacked,, they are only getting 1 or 2 mpg's better than the gas,, as you stated,, and the price of diesel is inexplicably higher than gas,,,,
The Eco boost is reated for 11000# towing correct? Outstandingly respectable in a 1/2 ton,,
So my thought is,,, are you trying to justify the extra cost of the Super-Duty to your wife and/or to your brain? Because realistically,,, a vehicle is a losing proposition from the get go,,,
Buy an Older nice Super-duty diesel for towing the horsies,, and buy a new Eco-boost F150 for the running around,,, said the guy with 7 or 8 trucks!!
DUDE,,,, way to much figerin for me,,, the diesels used to be worth it,,, 7.3's had good re-sale,,, still do,,due to the fact that they got good mileage,,, the new diesels are so jacked,, they are only getting 1 or 2 mpg's better than the gas,, as you stated,, and the price of diesel is inexplicably higher than gas,,,,
The Eco boost is reated for 11000# towing correct? Outstandingly respectable in a 1/2 ton,,
So my thought is,,, are you trying to justify the extra cost of the Super-Duty to your wife and/or to your brain? Because realistically,,, a vehicle is a losing proposition from the get go,,,
Buy an Older nice Super-duty diesel for towing the horsies,, and buy a new Eco-boost F150 for the running around,,, said the guy with 7 or 8 trucks!!
Not trying to justify the extra cost to the wife, she wants the diesel.
Trying to justify one vehicle for daily work commute, 1000-3000 mile trips that we take every month to visit family, and for pulling the horse trailer and TT. (Military and don't live that close to family.)
Mentioned buying an 2008-2010 Expedition EL for the wife for around town and trips unloaded and a 2000-2003 7.3 diesel for commuting and the horse trailer. May end up going that route but have never owned a diesel and was thinking owning one under warranty first but can't find any nice 10 yr old trucks. If they are worth a damn, the owners don't want to sell them. Can't blame them.
Loved my last truck, just turned out to be nothing more than a grocery getter. Would like to own the next one for awhile. Thanks for the comments.
Anybody with a 2012 HD Payload Supercrew or F350 Supercrew Diesel wanna help me out? Does the HD F150 ride like a superduty or better. Thanks.
#4
2009+ F150 - Ford Truck Enthusiasts Forums
#5
I think you need to check your numbers again there. Unless you are comparing a Platinum F-150 to a stripped down XL Super Duty, the SD is going to cost much more than $6.5K more than the F-150. Just the Diesel engine option alone in the SD is ~$8000. I guess I haven't actually compared prices on the lot recently, but I can't see getting into a Diesel SD for anything less than $10K more than a comparably equipped F-150. I would actually expect the difference to be more in the $12-15K range.
#6
I think you need to check your numbers again there. Unless you are comparing a Platinum F-150 to a stripped down XL Super Duty, the SD is going to cost much more than $6.5K more than the F-150. Just the Diesel engine option alone in the SD is ~$8000. I guess I haven't actually compared prices on the lot recently, but I can't see getting into a Diesel SD for anything less than $10K more than a comparably equipped F-150. I would actually expect the difference to be more in the $12-15K range.
"$6.5K increase (priced how I want them)" is what I said.
These are both Crewcab 4x4 Lariats with plus packages. (heated/cooled seats/rearview camera/remote start/etc.)
The F150 is $49,000 and the Superduty is $57,000 MRSP. When I typed this F-150's had $4k rebates and F350s had $5k. I had both negotiated down to $38.5k and $45k respectively. (plus trade-in, tax and title)
Even though I hate to spend and extra $6.5k for more truck than I need, it just seems like a great price. Shooting for $15k off a Superduty though. Need rebates to go up about $2k, so I can haggle the last thousand off in dealer addons.
Thanks.
#7
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#8
Around here, a used F150 with a gooseneck or 5th wheel hitch in it is automatically a wholesale unit. No matter what engine or trim level.
A gas Super Duty may be more of what you're used to as far as maintenance and drive ability.
But pulling your horses and taking frequent long road trips are good justifications for a diesel.
Once you have a gooseneck, bigger trailers are sure to be hooked up or bought in the future.
I know there are many who have done it and will beg to differ, but don't put a gooseneck in a 1/2 ton truck. Goosenecks and 5th wheels are essentially semi trailers and place a lot of strain on the truck. Particularly the rear suspension and axle.
A gas Super Duty may be more of what you're used to as far as maintenance and drive ability.
But pulling your horses and taking frequent long road trips are good justifications for a diesel.
Once you have a gooseneck, bigger trailers are sure to be hooked up or bought in the future.
I know there are many who have done it and will beg to differ, but don't put a gooseneck in a 1/2 ton truck. Goosenecks and 5th wheels are essentially semi trailers and place a lot of strain on the truck. Particularly the rear suspension and axle.
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