In May traded my 2017 KR 118,000 miles got 45k

 

I got $65k for my 2017 250 Platinum with 30k miles on it. Sold it to a dealer because the individuals were only getting approval for $50k. I never saw the truck listed on the dealer site so I assume someone wanted it.

 

And don't forget diesel fuel prices are at 5 year high.
I got notice August 12th that my 23 had been built and to expect it around Sept 10th. So I put my 2020 F350 Platinum up for sale. Not one call in 2weeks that it was online. Had a good friend pull up the Manheim Auction results for the past month and the avg for a 2020 Platinum with 90,000 miles was $51,000 And that's exactly what my dealer offered. I shopped it to three other Truck Stores and all three offered me the same $51,000. My new truck showed up Aug 24th. Not Sept 10 as I was expecting. So it was kinda. Take the trade or wait to see if I could sell it and tell the dealer to just hang on to the first Platinum that had his lot for the year,.

In the end, I took the trade value, But pulled my aftermarket Wheels/tires, Toneau, tuner, dashcam etc out of my truck before trading it My dealer was OK with that, Since he just wholesaled the truck at the auction It cost me less $20,000 to drive that truck for three years and 93,000 miles. Dealer still gave me X-plan, $2000 ECO and locked in my price on the new 23. It is what it is. Yeah, I would have got more if I could have sold it last April when used truck prices were higher, interest was lower and diesel fuel was $1.50 gallon cheaper.

 

Around here diesel has been pretty stagnant for almost a year, hovering just around $4/gallon. Hasn't really been higher or lower.

But you're right, between interest rates and a softening of the truck market, trade values have dropped quite a bit. Those who have a truck are holding off, and those who can't afford one are finding they can't unload it for what they owe. It isn't really anyone's market right now.