Trade in value
Tuned
Joined: Jan 2010
Posts: 419
Likes: 3
Exactly! Trade ins are where dealers make their biggest profits per capita. Why? Because they don't give you anything close to what your vehicle is worth.
Laughing Gas
Joined: Jan 2010
Posts: 817
Likes: 23
Timing has a lot to do with it. If the dealer is sitting on tons of trade in Super Duty's, most likely your trade value will be lower. They also comp what current auction prices are bringing. If they can buy the same truck as your's at the auction for less than current book prices, it will drive your trade value down.
Right now everyone is trading in their old dinosaur in a the New model, so dealers are sitting on a bunch of trades. Wait a few months and let the craziness go away and the trade values will improve.
Right now everyone is trading in their old dinosaur in a the New model, so dealers are sitting on a bunch of trades. Wait a few months and let the craziness go away and the trade values will improve.
Posting Guru
Joined: Feb 2018
Posts: 1,555
Likes: 516
Maybe I just don't understand such highly cerebral topics, but I've seen written more than once about the significant changes to the new Super Duty. In this thread, there's at least one reference to the revisions affecting trade values for First generation alumaduties. So, here's the part where I wonder where I'm missing it: One new engine (the 7.3), the 10-speed gearbox for all except the 6.2, a slightly revised diesel, and very slightly different grill.
That seems to be everything I can think of, but if the list is a bit short, then feel free to append. And then explain to me how this constitutes enough substance to have a material impact on trade values that we've not seen before.
I don't believe the 2020 SD has any more affect on trade value than any other year. I believe it is just dealers know their business better than you and will always have the upper hand. If you want to work the better deal, you are going to have to make a better effort to get what you want.
That seems to be everything I can think of, but if the list is a bit short, then feel free to append. And then explain to me how this constitutes enough substance to have a material impact on trade values that we've not seen before.
I don't believe the 2020 SD has any more affect on trade value than any other year. I believe it is just dealers know their business better than you and will always have the upper hand. If you want to work the better deal, you are going to have to make a better effort to get what you want.
Hotshot
Joined: Jul 2013
Posts: 14,244
Likes: 2,179
Dealers know that the first wave of customers for the new car buying year will run over hot coals to make a deal and be able to say I got mine first.
guys like me will follow the rebates and look for dealerships that want to move product vs those that don’t.
guys like me will follow the rebates and look for dealerships that want to move product vs those that don’t.
Senior User
Joined: May 2019
Posts: 196
Likes: 0
Maybe I just don't understand such highly cerebral topics, but I've seen written more than once about the significant changes to the new Super Duty. In this thread, there's at least one reference to the revisions affecting trade values for First generation alumaduties. So, here's the part where I wonder where I'm missing it: One new engine (the 7.3), the 10-speed gearbox for all except the 6.2, a slightly revised diesel, and very slightly different grill.
That seems to be everything I can think of, but if the list is a bit short, then feel free to append. And then explain to me how this constitutes enough substance to have a material impact on trade values that we've not seen before.
I don't believe the 2020 SD has any more affect on trade value than any other year. I believe it is just dealers know their business better than you and will always have the upper hand. If you want to work the better deal, you are going to have to make a better effort to get what you want.
That seems to be everything I can think of, but if the list is a bit short, then feel free to append. And then explain to me how this constitutes enough substance to have a material impact on trade values that we've not seen before.
I don't believe the 2020 SD has any more affect on trade value than any other year. I believe it is just dealers know their business better than you and will always have the upper hand. If you want to work the better deal, you are going to have to make a better effort to get what you want.
https://www.tommievaughnford.com/blo...ty-houston-tx/
Many prefer the new front end.. many want the 3rd gen 6.7.. many want the power increase which is significant.
Me, I am still driving my 2015 with 52,000 miles that is paid off. I have no need to buy new anytime soon as this one is barely broken in. And by the time Inam ready, the diesel will be a $12-$13k option the way Ford is going.
Freshman User
Joined: Jul 2018
Posts: 38
Likes: 0
I find it funny that in 2018 when I purchased my truck it was very difficult to even find these trucks on the lots in my area. Ended up driving an hour away to get a fair selection and what I thought about price at the time. Even that dealer was selling these trucks by the hour it seem like. Now a year and half goes by and the demand an valve plummeted? Gas or diesel have not seemed to hold valve well in my area. When I purchased my truck I personally couldn’t justify the price of the diesel. Now seeing the difference in valve has me thinking I made the correct choice. I have always thought differently thinking the diesel would retain its value? Lol
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Posting Guru
Joined: Feb 2018
Posts: 1,555
Likes: 516
A diesel doesn't retain value more than a gasser. Many confuse a higher resale value of a diesel with retained value. That is nonsense.
With some exceptions...namely very exclusive exotics, vehicles are a depreciating asset. Anyone considering an option based upon how it influences resale value should not be allowed around sharp instruments.
With some exceptions...namely very exclusive exotics, vehicles are a depreciating asset. Anyone considering an option based upon how it influences resale value should not be allowed around sharp instruments.
Logistics Pro
Joined: Mar 2019
Posts: 4,064
Likes: 13
I find it funny that in 2018 when I purchased my truck it was very difficult to even find these trucks on the lots in my area. Ended up driving an hour away to get a fair selection and what I thought about price at the time. Even that dealer was selling these trucks by the hour it seem like. Now a year and half goes by and the demand an valve plummeted? Gas or diesel have not seemed to hold valve well in my area. When I purchased my truck I personally couldn’t justify the price of the diesel. Now seeing the difference in valve has me thinking I made the correct choice. I have always thought differently thinking the diesel would retain its value? Lol
Even if resale value has slipped, your choice to buy gas over diesel is irrelevant. It's not like the choice to go gas has retained more value, and will reflect less depreciation at time of trade or sale. Its likely that it has depreciated the same, although generally more so, than an equally equipped diesel truck.
Fleet Mechanic
Joined: Oct 2003
Posts: 1,371
Likes: 10
From: Green Springs, OH
A diesel doesn't retain value more than a gasser. Many confuse a higher resale value of a diesel with retained value. That is nonsense.
With some exceptions...namely very exclusive exotics, vehicles are a depreciating asset. Anyone considering an option based upon how it influences resale value should not be allowed around sharp instruments.
With some exceptions...namely very exclusive exotics, vehicles are a depreciating asset. Anyone considering an option based upon how it influences resale value should not be allowed around sharp instruments.
Agree 100% with all this.
Mountain Pass
Joined: Dec 2019
Posts: 206
Likes: 12
From: Rathdrum, ID
Be in the Northwest I was originally looking for a slightly used truck but all the stealers around here had canadian rigs on their lots. I looked for several months and came up empty handed for a slightly used locally owned truck. I don't like buying vehicles that are from outside the country and or been through the auction process. Way too many hands have touched the wheel and feet have been on skinny pedal plus all the SH** that gets cover up by their so called reconditioning. Bottom line is it would be nice it the guys that are trade their trucks off every year or so would try and sell them outright before trading so us Peasants could have a chance to be the second owner of a gently used rig. Its a win win for both parties.
Cargo Master
Joined: Jan 2004
Posts: 2,421
Likes: 696
From: Minnesota
Maybe I just don't understand such highly cerebral topics, but I've seen written more than once about the significant changes to the new Super Duty. In this thread, there's at least one reference to the revisions affecting trade values for First generation alumaduties. So, here's the part where I wonder where I'm missing it: One new engine (the 7.3), the 10-speed gearbox for all except the 6.2, a slightly revised diesel, and very slightly different grill.
That seems to be everything I can think of, but if the list is a bit short, then feel free to append. And then explain to me how this constitutes enough substance to have a material impact on trade values that we've not seen before.
I don't believe the 2020 SD has any more affect on trade value than any other year. I believe it is just dealers know their business better than you and will always have the upper hand. If you want to work the better deal, you are going to have to make a better effort to get what you want.
That seems to be everything I can think of, but if the list is a bit short, then feel free to append. And then explain to me how this constitutes enough substance to have a material impact on trade values that we've not seen before.
I don't believe the 2020 SD has any more affect on trade value than any other year. I believe it is just dealers know their business better than you and will always have the upper hand. If you want to work the better deal, you are going to have to make a better effort to get what you want.
Logistics Pro
Joined: Mar 2019
Posts: 4,064
Likes: 13
I dont think many people simply believe that paying more for something means it retains its value, some of the most expensive vehicles depreciate the most.