We've reached the end of the road, so to speak. After our last trip with our fifth wheel and a few health issues popping up we decided it was time to leave the rv life. We put our fifth wheel up for sale a couple of weeks ago and it sold yesterday. I no longer need an F350 since the most it would ever tow would be my aluminum bass boat and spend most of its time in my garage. I want to trade it for an F150 but I'm afraid of what kind of hit we'll be taking. I know, or at least I think the market has cooled. We bought on 5/24 and it has 6K miles. I tried to find a used value but not much yet for 2024's. I did use Edmond's with my VIN and it came back with a range of $11,892 to $17,296. Wow, that is some depreciation. Seriously, I did read somewhere to deduct 5 to 10% of the new selling price and 10 cents per mile. I bought the truck on X plan and had a $1250 cash offer. My hope is to trade for little to no money for an F150 King Ranch hybrid but that may be a pipe dream. The only way I'll know is go to some dealers which I'll do on Monday. Maybe someone with more knowledge of the market can help me be prepared. Thanks.

 

Why take the financial hit only to trade for an F150 that will depreciate faster? If you want to cash out sure, just sell it but trading straight across for an F150 makes no sense to me.

 

Maybe selling outright would be my best option. I just hate dealing with it. An F150 Platinum and some King Ranch models have similar MSRP's to some of the Lariat diesels, which is ridiculous. That's what I was thinking, trading for something of equal value, if possible. Yes, it will depreciate faster, no doubt. But at 77 years old and a few health issues that have developed since buying the Lariat I know it would not be used enough to justify owning it. An F150 would be a much better daily driver for us. My question centered on how much of a hit I would take with a current year used vehicle. My hope is not much but if it is I'll do something else.

 

With the cost of new Superdutys 11 to 17 thousand is absurd. A clean 1975 crew cab will sell for 20. Regardless what options you have theres no way an F-350 is worth less than mid 50s. Even with gas engine.
You didnt specify how its optioned. If its single rear wheel just drive it. Ive been using an F250 as a commuter and grocery getter since 2019 and I love it. 3 trips from NJ to Fla with an 18 foot rented trailer... a few boat and motorcycle hauls and thats it. A couple loads of lumber... lots of furniture... You couldnt pay me to trade for an F150... That said. A friend in Kentucky just traded at least a Lariat, 2019 diesel F250... just about straight up for a new Toyota truck. Whatever they call it. Likely a sticker in the 50s.
If your convinced you should sell... Take 10 grand off what you paid and advertise it and see who calls.
Good luck with that and the health issues.

 

Sorry I didnt look at your profile. Thats a beautiful truck. Personally I would just drive it. Tow the bass boat in style. But dont make a trade deal until trying to sell it privately. The dealers need to sell it for about what you could sell it for..
Warrantee is transferable. Yes a couple of years ago you could have sold it for more than you paid because people were waiting a year for builds and there was zero inventory. Now theres inventory. But its because the trucks are too expensive. There a lot of vehicles of all types on the lots because the people are not willing to pay asking price.
It may be esier for you to sell a nearly new current model year barely even broken in truck for thousands less than a new one.

 

Obviously the Edmunds appraisal was a mistake. I was just making fun of it. Besides being a long bed 6.7 in Rapid Red it has the Lariat Ultimate package, black out package, 3.31 e-locker, all weather mats, rapid heat, 5th wheel prep and roof lights. I'm used to financial hits having had 7 rv's in the past 40 plus years but I don't have to like it. If my dealer is too brutal I know how to say no. Yes, it is a nice looking truck but what I need to emphasize is it does not match our needs any longer since we sold the fifth wheel. It's only purpose was to tow it. We thought we would have several years of rv'ing left but it just isn't going to work out. Even a Ranger would be a better fit for us now.

 

Yes. A perfect truck. I understand the desire to avoid the hassles of selling privately. Might cost you 5 grand though. But I get it. I feel just as disgusted walking into the dealer. Thats why Im keeping the 250 until they outlaw gas. Im a bit behind you at 68. We have a 29 foot Sailfish CC... were leaving NJ for Florida in a few months and I believe we will sell the boat before going. It would be perfect to have where were going. But already launching and pulling the boat will be a real problem for just my wife and I. So when weve been there a while and see what everyones using... I was thinking a mod V hull Jon boat 18 or 20 feet is plenty boat.
The other thing is with the new diesels and emissions you really need to use them and get them good and hot. Good pulling the camper... Not well suited to grocery getter.

 

Wishing you the best amigo

 

Well said, Mike and thank you, BPTS. I resisted the aging process as long as I could but there's no denying it. I'm a VN vet and never put much stock in the Agent Orange issue but now I'm wondering about a few things that make no sense otherwise. Ain't for sissies. We have a Subaru as our other vehicle and it is the grocery getter. The F350 would have no purpose. Probably should have just kept this to myself but usually there's some good stuff on here.

 

I think youll find nothing but support and honest info here. Maybe a few jagoffs. But rare.
From the 70s to the 90s I had my own big truck hauling a lot of recycled products for export. I worked as a contractor for a paper dealer in Newark NJ. A few blocks away was Diamond Shamrock Chemical Co.
They made Agent Orange. Shipping it out right past our company by the tanker load for a decade or whatever it was. When they stopped the shipments they scrapped all the tanks. What? in 75? 74....
In around 1982 or 3 I went back to the shop and the entire neighborhood was barricaded by guys wearing hazmat space suits. They found chemical residue in the dirt between the street and sidewalks everywhere. The scrap dealer who took the tanks was closed down. They dug down 30 feet and hauled all the dirt away in dumpsters. All the gaps between sidewalk and street were dug down and backfilled with concrete.
I was a a bit young for VN. My cousin was a Marine from 63 to 67 and spent a year in around 66. Hes 79 now. I dont know of any of those issues. But a lot of back shoulder knee kinds of issues. My next door neighbor was a Marine at Camp Lejeune. His wife died several years ago with some kind of cancer and he has Parkinson's now. Hes probably in his 80s.
No they dont care. Yes they lie. I really hope your good to go because you already put your time in.

 

At 77 years old with health issues all that really matters is what best fits your current needs. Sell and cash out if you really don't need another vehicle, that stops the depreciation bleeding. I had to downsize to an SUV for a while ahead of 3 surgeries, hip, spine, hernia. If a $50k vehicle best meets your needs age/health wise then trade in on that, they will cut you a check for the difference in value on the F350. You could sell it yourself, or places like Kelly Blue Book can do instant cash offers across a number of dealers in your area. There's so much info on vehicle values these days what they will offer is not going to vary much.

 

I am in the same boat as you. Recently sold out in AZ (I was approx 50 miles from any shopping, doctors, any sort of daily necessities)
sol;d my Raptor toy hauler, Polaris RZR, and most of the stuff to go with……bought a house in Longview TX to be closer to fami;ly, healthcare, etc. Now that the move is complete I will likely sell my dually outright and just have one vehicle.

 

That's exactly what I was going to suggest, but even those prices are crazy. I just looked: they have a '24 Ranger Lariat in my neck of the woods for $53'225.00!

How about trading your F350 to a F250 SCSB?

 

Hadn't thought about that but probably wouldn't. We are looking at more road trips with hotels (yuck), etc and the F150 would give us a better ride and probably better economy. I still love to fish and a couple of weeks ago traded my Triton bass boat for a new Ranger aluminum, even trade. That's the heaviest thing I would ever tow. I know financially it may not make sense but all I will say is we can handle whatever we decide to do.

 

You have a highly desirable truck for anyone wanting to do serious towing. There are buyers out there that prefer to not buy a 2025, for whatever reason, and would jump all over a 2024, especially one with low mileage. Personally, I think it is ill advised to trade it in on a high trim F150 just to make the deal come out even money-wise. You would be trading in a truck you don't need for one that is a better fit size wise but possibly way more truck in other aspects.

With regards to your question about a hit on trade-in value, I think your biggest hit will be trying to trade your truck in at a dealer for something more suitable and at an even trade. Your smallest hit will be selling it outright to a private party. I realize this can be a pain but you already have done it with your RV so you know it is doable. Next would be selling to one of the on-line buyers such as Carvana, CarMax, etc. It is easy to get quotes without any obligation to sell. For help in pricing, I suggest pricing out a 2025 on Ford's website in the same configuration as your current truck. This is what you will likely be competing against for someone looking for a truck. They will be choosing between buying a low mileage 2024 today versus waiting for delivery of a 2025 at a higher MSRP than was your 2024.

Once you have maximized the sale of your 2024, then you can go get the vehicle you want which may or may not be an F-150. I suggest you expand your search for the next vehicle. There are numerous vehicles that meet your needs. Good luck.