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Pricing?

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Old Mar 8, 2020 | 07:30 PM
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Pricing?

Is there a good source on estimated pricing for these older trucks?

I'm asking because someone asked if I was selling my 94 f350, standard cab, 7.5l truck. He asked me to give him a price and I honestly couldn't come up with a number.

It's a super clean truck that's been lifted and has had some work done on it so kbb (which isn't accurate for normal vehicles) is way low on value. So is there anywhere else to go?
 
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Old Mar 8, 2020 | 08:27 PM
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Originally Posted by Magnum3672
Is there a good source on estimated pricing for these older trucks?

I'm asking because someone asked if I was selling my 94 f350, standard cab, 7.5l truck. He asked me to give him a price and I honestly couldn't come up with a number.

It's a super clean truck that's been lifted and has had some work done on it so kbb (which isn't accurate for normal vehicles) is way low on value. So is there anywhere else to go?
My opinion is the price can vary wildly, depending on the condition of the truck and how much the seller wants to let go of the truck, and how much the buyer will pay. Anywhere from $500 to $25,000 in my local craigslist. The 25k was for a 50k mile 1996 F350 crew cab long bed turbodiesel. It did get bought. I know this is no help to you but I though I would just throw it out.
 
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Old Mar 9, 2020 | 05:46 AM
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I think the same thing, and do a little math, what you gave for it, how long you had, what mods cost, add that if you'll sell it for that, give him that price, see if he counters
 
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Old Mar 9, 2020 | 07:40 AM
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That's part of my problem. I got a very very good deal on it (not a steal, but probably below what its average sale price should be) and I'd like to get out from under the loan on it (it's not a terrible loan but still) and still have a decent down payment for a DD.

I guess I need to figure out what those costs would be and have that be my goal. I haven't sold a vehicle privately before and I'm not a very assertive person so I'm balancing not being an a-hole and not being walked all over.

Thanks for your help guys!
 
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Old Mar 9, 2020 | 09:30 AM
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Well if you have a loan then that is of course your rock bottom price. As you say, itd be nice to have some left over, too.

In the end it's all about how much you're willing to let it go for and how much they're willing to buy it for. Let the know that you'll have to clear the loan before the title gets to them. The more open you are up front the less issues you'll have with a private buyer, in my opinion.
 
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Old Mar 9, 2020 | 10:34 AM
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Depends on where you live and the exact condition/spec of the truck. Some people can't stand red interiors or moon visors. Just need to find a buyer.

2WD I wouldn't take less than $2,500, 4WD no less than $4K. Obviously higher if it's low mile, nicely optioned, and no freakish mods.
 
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Old Mar 9, 2020 | 10:43 AM
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Live in Michigan, but it's a virginia truck.

170k on the body, engine was rebuilt so I'm not sure how that works out.
4x4
Oil and Trans cooler
Shift kit
Black paint with grey interior
Minimal rust in truck bed and bottom of doors (on the doors its maybe a 2x2 inch patch)


It's been kept up super nice too, and these trucks in my area sell for a good bit because they're such good plow trucks. It's part of what makes pricing it such a headache
 
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Old Mar 9, 2020 | 10:48 AM
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Let them make an offer and tell them you'll think about it. Then take their offer and compare it to what else is out there for sale. Could you replace the truck for the money they are offering? If not, you're getting the shaft. If they really want the truck, they'll make a fair offer. If they are not far off from a fair price, make a counter a little above what you could replace the truck for. Maybe they'll bite, and maybe they'll counter with an offer that's more in line with what other, similar trucks are going for. Or maybe they'll give you a sky high offer to begin with and you come out way ahead.

Just because you got a good deal on the truck, doesn't mean you have to give yourself the shaft if you choose to sell it.
 
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Old Mar 9, 2020 | 11:47 AM
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Better POR15 those doors. Will work out nicely because its black. I'd say your truck is at least $4,000-$5,000. $6-$7k in the right place at the right time. No one can give you a value, just know what it's worth to you. Right now I can't get $5k for my F-250 4x4 because it has dings and wheel well rust.
 
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Old Mar 9, 2020 | 11:55 AM
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Originally Posted by GNR22
Let them make an offer and tell them you'll think about it. Then take their offer and compare it to what else is out there for sale. Could you replace the truck for the money they are offering? If not, you're getting the shaft. If they really want the truck, they'll make a fair offer. If they are not far off from a fair price, make a counter a little above what you could replace the truck for. Maybe they'll bite, and maybe they'll counter with an offer that's more in line with what other, similar trucks are going for. Or maybe they'll give you a sky high offer to begin with and you come out way ahead.

Just because you got a good deal on the truck, doesn't mean you have to give yourself the shaft if you choose to sell it.
That's part of the problem, the guy who is interested won't shoot me a price. So now it's on me to come up with one. I know he's serious because we traded info and he asked again over the weekend. I told him I'd try to get a number together this week and get back to him.
 
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Old Mar 9, 2020 | 01:46 PM
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Originally Posted by Magnum3672
Is there a good source on estimated pricing for these older trucks?

I'm asking because someone asked if I was selling my 94 f350, standard cab, 7.5l truck. He asked me to give him a price and I honestly couldn't come up with a number.

It's a super clean truck that's been lifted and has had some work done on it so kbb (which isn't accurate for normal vehicles) is way low on value. So is there anywhere else to go?
Bottom line is what you are willing to sell it for. You can be straight with a potential buyer and if they are willing to pay what you are asking than great. For example if the loan is $5k and you need a 5K down payment to get something to replace this truck with than you have to ask for $10k. It doesn't matter if a potential buyer thinks that is fair.
 
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Old Mar 9, 2020 | 06:46 PM
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Originally Posted by Magnum3672
That's part of the problem, the guy who is interested won't shoot me a price. So now it's on me to come up with one. I know he's serious because we traded info and he asked again over the weekend. I told him I'd try to get a number together this week and get back to him.
Isn't there a rule in negotiating that you never want to be the first one to throw out a number? Give him a high price because he's likely to counter.
 
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Old Mar 10, 2020 | 12:32 PM
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Originally Posted by rdfact
Isn't there a rule in negotiating that you never want to be the first one to throw out a number? Give him a high price because he's likely to counter.
I'll have to do that, I can't get out from under the truck and into a new vehicle unless I get a good bit more than my loan (immediately after buying my lady lost her job) so it's all screwy anyways.
 
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