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Okay guys, looking for a little advice, thoughts, or any experience with what I'm looking at maybe doing................
So, I currently have a 2016 SD Platinum with the 6.2 / 4.30 gears. Bought the truck new and have about 11,000 miles on it and it's been a great truck! I don't tow super heavy but the truck was basically purchased for winter snowmobile trips and summer SXS trips. I pull a 30 foot (inline) enclosed trailer in the winter out west and summer time the car trailer gets hooked on and a 4 seater RZR gets loaded up. This really is the only time the truck gets driven hence the lower miles.
Now comes the main questions, I'm looking at possibly trading the 2016 for a 2020 SD Platinum / Tremor with the 7.3 / 4.30 gears. I love the room of the new cab and have heard really good things about the 7.3 and new transmission, which is what has steered me towards an upgrade.
So, a few questions come to mind,
Thoughts on the Tremor package ?
Any thoughts or experience from guys who have gone from a 6.2 to the 7.3?
Last edited by Y2KW57; Oct 24, 2020 at 08:44 PM.
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Basically you currently have a new truck ( 2016 ) but you want a newer truck for 70K +/-...I envy you
Well.......Yes, that's what I'm leaning towards. Needed ....NO but for what they are willing to give me on trade and what it will cost to upgrade 4 years, and to a new motor, new tranny, new body style, I don't think it's too bad?
I generally get a new truck every 12 - 15 years or 200,000 to 275,000 miles. And actually I'm about due here in the next year.
That way I spend my money on the doing and not just the having.
I generally get a new truck every 12 - 15 years or 200,000 to 275,000 miles. And actually I'm about due here in the next year.
That way I spend my money on the doing and not just the having.
Just saying.
Oh I completely understand and agree but this upgrade has no effect on the "doing". In fact if it did affect the ability to do "other" stuff or a guy would be married to the damn thing, then no it's not worth it!!
I traded in a 16 f250 with 35,000 miles in on a 2020. If you can afford to upgrade do it. The 7.3 seems to get about the same mpg that my 6.2 got and has more power. I went from a xlt premium to a xlt premium tremor. The tremor seems to handle the forest roads a lot better than the Fx4 did and I don’t have worry about the side steps getting bent .
I say do it, now is the time to trade. I tend to trade yearly as I get bored of them often. If its a good financial win and the trade in value is high I say do it.
I can relate to you. I have a 2021 on order, to replace my old truck.....A 2011 f350 XLT SC 4x4, 6.7, camper, 5th wheel/ Gooseneck prep has
190,000 on it and some NY rust coming through. Asking 12K
I say do it, now is the time to trade. I tend to trade yearly as I get bored of them often. If its a good financial win and the trade in value is high I say do it.
I used to always keep my cars a long time. In fact I am only just getting ready to sell the Suburban I bought new 26 years ago since I finally have a new Super Duty. However, my Priuses have kept their value so well, that I've found it can be much more advantageous financially to buy new and sell them after a year of two. In one case I had to be careful not to end up paying capital gains tax. On a car!
In the current market, with high used truck values, it probably makes financial sense to trade in a newer, lightly used vehicle. Especially with advances in tech over the past few years. If it were me, I'd over-analyze, make a spreadsheet of every detail, every potential cost, and every probable repair, and weigh in other less calculable factors, and finally convince myself it is worthwhile to upgrade. You will do just fine skipping that step if you shop around and get a good offer.
I used to always keep my cars a long time. In fact I am only just getting ready to sell the Suburban I bought new 26 years ago since I finally have a new Super Duty. However, my Priuses have kept their value so well, that I've found it can be much more advantageous financially to buy new and sell them after a year of two. In one case I had to be careful not to end up paying capital gains tax. On a car!
In the current market, with high used truck values, it probably makes financial sense to trade in a newer, lightly used vehicle. Especially with advances in tech over the past few years. If it were me, I'd over-analyze, make a spreadsheet of every detail, every potential cost, and every probable repair, and weigh in other less calculable factors, and finally convince myself it is worthwhile to upgrade. You will do just fine skipping that step if you shop around and get a good offer.
I am the same way - keep my vehicles for many, many years, so I didn't even think about trading my 1-year old 2019 F-350 STX 6.7. This week, while waiting at the dealer for recall to be done, I was shocked they wanted to buy my truck at higher price than what I paid a year ago! So that's the good news. The bad news is that new trucks are selling at almost no discount for exact same reason - supply and demand imbalance.
Like you, I am a spreadsheet guy, so I put numbers in last couple of days, and I don't see viable path to profit from current situation. The only somewhat plausible scenario I see is to order a new 2021, since you can negotiate higher discount vs. anything that's on dealers' lots. And hope imbalance lasts another 3-4 months. Or, sell the truck today and order 2021, but you will be without the truck for 3 months (I can do that as the fiver will not be used until spring). But even this scenario is not very good financial decision, since I would have to pay sales tax on entire purchase price, vs. just the trade-in difference.
If you have any additional suggestions I should consider, I am all ears.
I'll be in contact with the dealer on Monday but as it sits right now, I am leaning towards upgrading. I have had my truck since new for 4 years and what there almost giving me what I paid new for it. Now I know the new ones have gone up and they will probably continue to go up but numbers wise, it works.
You are in a good position to trade or sell as there is a bit of a temporary shortage. Order new with around 10% off msrp and take top dollar for your used truck. May want to consider putting it for sale at a high price till the new one comes in.
As far as my post input. Lots of people complaining about the 10 speed learning/adaption period not setting up the transmission points correctly, seems these posters said they were towing before 1000 miles. So my advice is plan to put around 1000 miles of not towing which maybe hard seeing your usage.
You are in a good position to trade or sell as there is a bit of a temporary shortage. Order new with around 10% off msrp and take top dollar for your used truck. May want to consider putting it for sale at a high price till the new one comes in.
As far as my post input. Lots of people complaining about the 10 speed learning/adaption period not setting up the transmission points correctly, seems these posters said they were towing before 1000 miles. So my advice is plan to put around 1000 miles of not towing which maybe hard seeing your usage.
Thanks!
Yes typically putting the first 1000 miles with NO towing could be tough but, if that is something I need to do, I guess I just have to drive it more!! LOL
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You will do just fine skipping that step if you shop around and get a good offer.
