What would you do?
FTE Leadership Emeritus
Joined: Sep 2000
Posts: 23,174
Likes: 1,678
From: Stephensville WI
If you can go without a truck, pull the trigger now. I keep seeing stories about how the bottom is going to drop out of the used vehicle market by the end of 2022. Might all be toro-poop, I can't say for sure.
My analysis, the potential maximum upside for waiting is maybe $5000 assuming the demand for used trucks stays steady. Your maximum downside risk, assuming the used vehicle values go into the toilet, could be $10,000-$25,000.
Just my opinion, based on flawed data and an excess of bourbon. Your mileage may vary. Consult your doctor before starting any exercise program.
My analysis, the potential maximum upside for waiting is maybe $5000 assuming the demand for used trucks stays steady. Your maximum downside risk, assuming the used vehicle values go into the toilet, could be $10,000-$25,000.
Just my opinion, based on flawed data and an excess of bourbon. Your mileage may vary. Consult your doctor before starting any exercise program.
Cargo Master
Joined: Nov 2020
Posts: 2,073
Likes: 1,027
From: Michigan
Thank you for that. I needed a good giggle...
Fleet Mechanic
Joined: Jan 2022
Posts: 1,410
Likes: 712
If you can go without a truck, pull the trigger now. I keep seeing stories about how the bottom is going to drop out of the used vehicle market by the end of 2022. Might all be toro-poop, I can't say for sure.
My anysis, the potential maximum upside for waiting is maybe $5000 assuming the demand for used trucks stays steady. Your maximum downside risk, assuming the used vehicle values go into the toilet, could be $10,000-$25,000.
Just my opinion, based on flawed data and an excess of bourbon. Your mileage may vary. Consult your doctor before starting any exercise program.
My anysis, the potential maximum upside for waiting is maybe $5000 assuming the demand for used trucks stays steady. Your maximum downside risk, assuming the used vehicle values go into the toilet, could be $10,000-$25,000.
Just my opinion, based on flawed data and an excess of bourbon. Your mileage may vary. Consult your doctor before starting any exercise program.
Cargo Master
Joined: Apr 2021
Posts: 2,573
Likes: 1,656
From: Bighorn Basin, NW Wyoming
By the definition of a “recession” we are already in one and it’s going to get a lot worse.
Mountain Pass
Joined: Mar 2004
Posts: 107
Likes: 20
From: SC
I'm not saying I don't believe you but...
Punched my info in carvana. My truck is 2 model years newer, diesel, 4wd, platinum ultimate with several options most of them don't have.
My offer was significantly lower than what you quoted. My truck has never been on salted roads, never wrecked, and close to immaculate. Drove it about a 100 miles yesterday. Every time I drive it I fall in love all over again. It's not my daily driver.
I'd run it by the dealer but just not that motivated.
Punched my info in carvana. My truck is 2 model years newer, diesel, 4wd, platinum ultimate with several options most of them don't have.
My offer was significantly lower than what you quoted. My truck has never been on salted roads, never wrecked, and close to immaculate. Drove it about a 100 miles yesterday. Every time I drive it I fall in love all over again. It's not my daily driver.
I'd run it by the dealer but just not that motivated.
Hotshot
Joined: Jul 2013
Posts: 14,247
Likes: 2,179
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Lead Driver
Joined: Feb 2022
Posts: 7,955
Likes: 4,039
If you want dark marsala interior, you wont find it in a 23. 22 is the last year for it. Looks like Carmello will be the 23 interior alternate to black. I have on order a 22 Platinum long bed with the marsala interior and 5th wheel prep. Will probably arrive in January if it indeed does get built. Since I wont be buying it, and I do know the owner of the dealership, if interested you can have first dibs at it.
As far as values, sell it now if you can, months down the road the values will be far less than they are now as well as higher interest rates, so the market is cooling quickly. You will be in better position with selling it now and not dealing with a trade or anything when you do find the right truck.
F-150 interior that is being carried over to the SD.
Cross-Country
Joined: Oct 2021
Posts: 76
Likes: 38
I'm not saying I don't believe you but...
Punched my info in carvana. My truck is 2 model years newer, diesel, 4wd, platinum ultimate with several options most of them don't have.
My offer was significantly lower than what you quoted. My truck has never been on salted roads, never wrecked, and close to immaculate. Drove it about a 100 miles yesterday. Every time I drive it I fall in love all over again. It's not my daily driver.
I'd run it by the dealer but just not that motivated.
Punched my info in carvana. My truck is 2 model years newer, diesel, 4wd, platinum ultimate with several options most of them don't have.
My offer was significantly lower than what you quoted. My truck has never been on salted roads, never wrecked, and close to immaculate. Drove it about a 100 miles yesterday. Every time I drive it I fall in love all over again. It's not my daily driver.
I'd run it by the dealer but just not that motivated.
Laughing Gas
Joined: Mar 2018
Posts: 1,242
Likes: 273
From: South Central Indiana
From what I've been reading, they're not doing very well at this point. My selling dealer was 2K higher than them on my 5 year old truck.
5th Wheeling
Joined: Nov 2018
Posts: 40
Likes: 9
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fordman19762003
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Mar 18, 2017 12:06 PM