Trade in value
Freshman User
Joined: Jul 2018
Posts: 38
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It actually is possible that a diesel truck could retain value more than a gas model in certain markets. An example would be a diesel truck depreciating on resale value 10% in the first year, vs a gas model depreciating 15%. That's just a hypothetical example, but not unrealistic, and would reflect a higher retained value.
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.
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.
Posting Guru
Joined: Feb 2018
Posts: 1,555
Likes: 516
But I'm not here to tell anyone how they should feel about it. I have only weighed in that I don't believe the introduction of the 2020 SD to the market has put much of a hurt at all on trade in or resale value. Again, you suffer the consequences of going toe-to-toe with a business that engages in trading 10 times a day, while you do it once every five years. Who has the advantage? Gee, I just don't know on this one.
Senior User
Joined: May 2019
Posts: 196
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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.
Posting Guru
Joined: Feb 2018
Posts: 1,555
Likes: 516
If you DON'T get the diesel, you get absolutely 100-percent of your non-investment back. Using your method, though, you can make it up on volume.
Mountain Pass
Joined: Nov 2019
Posts: 168
Likes: 1
Usually you will get almost all the diesel upcharge back on the back end of a truck deal when you sell or trade it. It still is more expensive to own after figuring in maintenance. Years ago I drove diesel trucks because they were cheaper to run. Back when diesel was cheaper than gas, injectors were cheap and easy and you could put your old motor oil into your fuel tank... Oh the years of the old 12 valve cummins trucks. These days, anyone who tries to justify a diesel as ever saving money is usually sadly mistaken. All that said, I love driving diesels because of the power when pulling heavy. Just have to pay to play....
Junior User
Joined: Apr 2017
Posts: 72
Likes: 0
Just traded my 2017 F350 CCSB Lariat 6.7 in on a 2020. Got $52 on trade and it was going to need some new tires and a windshield so I think that was fair. All the guides had it at 52-54ish.
The new truck was X-plan minus $1k so I felt I got a good deal.
The new truck was X-plan minus $1k so I felt I got a good deal.
Logistics Pro
Joined: Mar 2019
Posts: 4,064
Likes: 13
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