With the new 17's out, the dealers are offering some good deals on leftover 16's. What would be a good trade difference on a very good condition,15 F350, 33,000 miles, trading for the same package, just one year newer? Thanks.


Dave

 

Dealers are in the business of selling, not buying; if you're serious then sell it privately. My gut feeling is it's now two years old and has 33K miles - its not as valuable as you think.

 

See you didn't post what your 2015 has... I know that dealers were willing to let my haggle to $50k for my 2015 in my signature when I got it appraised. It wasn't enough for me to worry about doing anything with it though.

 

My 15 is a Lariet and I would be trading for the same thing. Just looking for what guys are seeing for trade difference prices on the left over 16's. Thanks.


Dave

 

Well I think the dealer is going to nickle and dime you down as much as they can, they want your truck as cheap as possible which they will then turn around and price it way higher then what they paid you for it.I would go to KBB amd see what it say's your truck is worth. Then you can go to the middle of the road price listed and go from there.

The salesman will thrown you any number you want to hear but it isnt him making the call it's manager making the call. It really depends what they say they will give you for your truck and what the dealer say the price to you on the 16 will be and what the difference is btwn the two and is it something you can live with.

I have to second the opinion of selling it privately, you'd get a hell of a lot more than what the dealer would give you. but it is finding the right buyer and then getting the cash to make it worthwhile to go after a 16.

 

The last vehicle I traded in I got KBB pricing and Edmunds. Told the dealer I'd split the difference between the two and he took it.

 

While selling it privately might be a good choice, do overlook that is many states, your trade in value reduces your actual cost therefore you don't pay the sales tax.

Here in Tx, sales tax is 6.25%

'16 F 350 $60,000

-'15 F 350 $50,000

Sales tax = $625 on $10,000 difference

Outright: $60,000 x 6.25% = $3750 or $63750

Take away is you would need to sell your F350 for enough to cover the sales tax bite.

Just sayin...

 

I keep forgetting that because the sales tax in AK is 0%. But good point Don.

 

In states that work like here in Texas it makes the trade worth more to you and when its high dollar days with these trucks and other vehicles it can work in your favor vs the private sale.

Then of course you have the hassle of trying to sell on your own, more tire kickers than buyers.

 

In Ca. your pushing 10% sales tax. Get it off the new purchase price plus here the seller is responsible for the emissions test.

 

Here in Onterrible Canada it's 13% tax on vehicles, whether you buy a new one or a used one. Tax is on the difference between trade and purchase so you need to sell private for a good number to cover the tax loss on a higher value vehicle.

I would expect the dealer will want to have the purchase difference at the 1st yr depreciation plus some profit. The 1st yr depreciation would be about 10-15% of list price. After 3 yrs the depreciation on a N.Amer vehicle is about 50-55%. Just need to look at lease residual to figure the depreciation.

 

Players Steve --- That is "terrible".... 13% sales tax...

Exact to exact truck without knowing the MSRP of both is tough, so I will use mine as an example. MSRP was $70k... With rebates and a discount off MSRP it was $61k in 2014. I can get $50k in trade in for my truck at a local dealer. Leaves an $11k difference, assuming I could get the same price for the 2016 - which I would expect to able to beat, since I bought the 2015 in 2014, before big rebates came out. I would go in with the expectation that I could get within $10k to go from a 2015 to a 2016. However, I have low miles in my 2015...

 

Dak, how many miles on that '15.

You can go to FORD.com and get an appraisal on your truck. I punched in my truck, '15 F 350, CC, LB, King Ranch, Dually, 15.5K and according to their "Black Book. Its worth between: $47, 455 - $53,430..

 

Same here Don. That's why I traded my '10 with 22 miles on it in for my '13. Our tax is 7% and I came out about even in the long run. Funny thing is, I bought my '10 F350 6.4 dually off of eBay for $41k in the fall of '10 with 4500 miles on it. I drove it for 3 years and only put 18k miles on it and was allowed 40k on trade!! The deals are out there, just be patient. The dealers LOVE "gotta have it now" buyers!

 

I have no idea why you would want to pay out the nose for the depreciation of the 15 to trade it for essentially the same truck (16)... You wouldn't even get braggin' rights for the current model year truck since the 17's are out now...
If I were to trade (which I may), it would be to get the '17 CC-SRW Gasser... Far different truck than what I currently have.