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The last few hundred have taken me a loooong time. I've been so busy with work and kids that I don't end up with much time to post anymore. Just reading the mail mostly and jumping in when I need to.
Thankfully this is such a well behaved forum that isn't needed too much - and with Tim and captchas in here I hardly ever get to act on a reported post, they almost aways beat me to the punch
i ran the 04 dodge (st model) ctd, the ford (xl model) psd and the chevy d-max (base model) all crew cabs,all 4x4's and all 2500's for my area-buffalo, ny
dodge-trade in-24,866
ford-trade in-21,843
chevy-trade in-25,382
i guess it depends on what part of the country you live in.
The factories might have to start cutting back those hefty margains and us die hards who really need/want them may get a price break at the dealer.
In all fairness, the factory doesn't earn a whole lot from your vehicle purchase.
Ford as a company has around a $180billion turnover, yet only makes a couple of hundred million.
And if thats not enough. Take heart from the fact some of us have to pay over US$60k for an XL...
THE XL is the trim package and there is such a truck,that is what most company trucks are the XL with air and cruise and the 5.4 v8 the number one seller.
THOSE numbers all sound good but there best case numbers,the market is no where close to that in memphis,when I had my truck in the trader the guy that has a shop next to mine went to the bank to get a loan on my truck and that was last year they told him 22k was the max, 2004 f350 4x4 crew cab 8ft bed xlt 6.0 auto power windows ,mirrors,cruise tilt ,shift on the fly,tint windows. I sold my 2000 7.3 same truck for 21k,and one thing you have to remember is they dont use blue book when you trade in. Thats why they have your truck apraised by ther used truck man.
The 4R100 was also an option like the torqshift; they have always been standard with a manual. If I'm not mistaken the 4R100 was a 1200 dollar option in 2003MY with a 7.3, so there's only a 300 dollar difference.
funny you should come up with that number I decided to run the numbers through NADA instead of kelly blue book just too see since I have seen as much as $4000 difference between kelly, and NADA in values on the same vehicle. I used the configuration of my truck even though it's a 2000 but used it on the 2003 so I could option both engines, both with auto's and the difference was exactly $300 with the 6.0 bieng $300 higher both on trade in value, and retail value.
Now as far as the actual value of hte 7.3 vs 6.0 I have a friend that owns a used car lot, and goes to dealer auto auctions, and even though on the lots the trucks will be almost the same price in the auction the trucks with the 7.3l will bring $1000-1500 more than the same truck with a 6.0, I would really like someone to explain to me why the book values don't reflect a difference yet the dealers will pay more for hte 7.3 to put on thier lots he also said a 02 with a 7.3 will bring over the average retial blue book price at auctions, and will also bring as much as a 03 or 04 comparably equiped except with a 6.0.
One of the reasons this was explained to me was both Kelley, and NADA base the values on the original price minus a fixed rate for depriciation thus they will always reflect the exact difference in the options but are NOT based on what is really happening on the lots.
Don't know for sure how much weight to put on all that but it's the reason he never brings home a diesel truck because the auction values of the 7.3 are higher than the banks will loan on the trucks, and makes it harder for him to sell them, and the 6.0 just sit on his lot whenever he has had one.
For one thing loan values and trade / sale value are two different monsters. Typically one may not even have anything to do with the other. A loan value on the same vehicle can even vary dependent upon ones own credit worthiness. So scratch that one.
I did not start this thread to touch off a "my truck is worth THIS much" debate. Although I knew it would happen. It is even predictable as to who will dispute the evidence. As I mentioned in my first post, prices vary regionally.
The only purpose of this thread was to show some sort of evidence that the 6.0, singularly, is not taking a value dive any more or any less than any other diesel on the street.
Some people insist on continually making the comment that the 6.0 is junk and loosing value but have not provided any basis of fact or any thing supportive of their statements.
Their only fall back to date has been... they can't sell theirs. As discussed in many threads...there are a lot of reasons that could be happening.
The vehicle values in their relationship to each other are true. What the true value is, in actual $$$, in your town...once again, could and will be be very different.
So what my truck is worth in NY or DFW, or Timbuktu is irrelevant to this discussion.
The hard truth of the matter is, it doesn't matter if you love or hate the 6.0 it is in the same boat as all the diesels...in a very short few months...if you want or need to get rid of your truck...you are most likely going to take a (diesel) bath.
I wasn't trying to say you were saying my truck is worth more than yours thread, I was just relaying information from a person that deals in real world values of vehicles both at dealer auctions, and in the used vehicle market. and in those two instances the kelley blue book is flat wrong his statement is that the 7.3L trucks sell higher than book on a regular bases even at the auctions, and the local bank will loan over blue book on them (which is higher than loan value as you know) but they won't on the 6.0L and he can't afford to have trucks sitting on his lot. Oh only thing is this info is about 8 months old before diesel and gas prices got so high so guess that makes a difference
My point was basically that both NADA, and Kelley blue book use a mathmatical formula to figure out what the value of a vehicle is they do NOT use real world actual prices which is why when you figure out what a vehicles value is then change a particular option you will find that the price will change by exactly the original cost of that option when the vehicle was new thus yes the 6.0 will be $300 higher then the 7.3 when run through thier systems.
my post showed there was a 5k dif from a v-10 to the 6.0 in my area when i pull them up on the trader they are asking about where blue book is the only thing hurting used truck sales i feel is the family plan atm i get better fuel milage in my 250 than my old 150 why would i bother driving a smaller truck and get worse fuel milage