blue book value when buying
Thread Starter
|
Elder User
Joined: Jun 2002
Posts: 519
Likes: 0
From: CT
blue book value when buying
Recently I was stuck up in MA for a few hours. So I went to the ford dealership and looked at used trucks. Things were slow a young salesman maybe 25 tops came out and we BS'd for a while and ended up walking over to the used truck section. I was asking the prices on F250/F350 4x4's regular cab 1999-2003 trucks Diesel and the 5.4l's (plain work truck). Asking price started at $20k. The blue book for the 5.4's have the retail prices $8k lower. (99 5.4l F250 regular cab 4x4 ==$12k)
How valid are the blue book retail values?
The salesman said no fair offer would be refused. Having watched our company just trade in a few vehicles and get blue book wholesale (exactly) I was wondering if it worked the same for a potential buyer as well. That is offer blue book retail max.
How valid are the blue book retail values?
The salesman said no fair offer would be refused. Having watched our company just trade in a few vehicles and get blue book wholesale (exactly) I was wondering if it worked the same for a potential buyer as well. That is offer blue book retail max.
Cargo Master
Joined: Oct 2004
Posts: 2,148
Likes: 0
From: Seneca, SC
the dealer can be counted on to be overpriced. The blue book is something like the average that people are getting for that truck or ones like it based on past depreciations of similar trucks, the options etc. If he's 8k over blue book then he's either dreaming or the truck has been modified. those are the two biggest reasons that I've seen for that much price hike.
Lead Driver
Joined: Apr 2002
Posts: 7,746
Likes: 7
From: Tampa Bay, FL USA
Wow, I don't know how they justify that kind of pricing- is the market in MA that much higher than the rest of the country? I doubt it- the internet would balance it out in a hurry. I mean, I've got a 2001 F-250 Supercab 2WD w/ 17000 miles, and my price is $15995. And they want $20k for a '99 regular-cab 4x4? Ouch...
Logistics Pro
Joined: Nov 2002
Posts: 4,788
Likes: 20
From: Mansfield, TX USA
Originally Posted by 1956MarkII
Wow, I don't know how they justify that kind of pricing-
Most walked away, but at the end of the night, he rarely went home alone. He was patient that way.
Post Fiend
Joined: Feb 2004
Posts: 10,728
Likes: 1
From: Damascus-Boring, Ore
I'm surprised they had some that vintage on the lot. It's pretty hard to find anything past a '02 that has the miles/condition parameters where we would keep it.
That being said- Jeff, we've had a few mint condition '95-'97 F250/350 4X4 PSD's come through (old style), and they'll bring in the high teens all day long. I don't think we've ever sat on one longer than a week. You can literally take the book and throw it when you come across a nice one.
jschira- there's a lot of truth to that, isn't there?
That being said- Jeff, we've had a few mint condition '95-'97 F250/350 4X4 PSD's come through (old style), and they'll bring in the high teens all day long. I don't think we've ever sat on one longer than a week. You can literally take the book and throw it when you come across a nice one.
jschira- there's a lot of truth to that, isn't there?
Senior User
Joined: Feb 2004
Posts: 253
Likes: 0
From: Marietta, GA
When I was looking at trading my '99 X back in May, I went to the dealer with KBB.com info in hand. They offered me HALF of the TRADE IN value! I was even being "generous" and used book value based on a truck in WORSE condition than mine. Needless to say, I looked at him cross-eyed & walked away.
Book value is only as good as you are at negotiating, combined with how willing the dealer is to deal.
Book value is only as good as you are at negotiating, combined with how willing the dealer is to deal.
Hotshot
Joined: Jun 2003
Posts: 12,343
Likes: 4,368
From: SW VA
When I was looking for a truck a few months ago, I came across a '99 F250 5.4, regular cab, long bed, 4x4...for only $10.4K from a used car dealer. It was a beautiful dark green with aftermarket wheels, and brand new tires. I was hell-bent on getting it...but it did have 97K miles on it. Seemed a little high to me...but other than that...that was my "dream truck"*
*Dream truck = F350, reg. cab, 4x4, SB, dually w/ 7.3PS
*Dream truck = F350, reg. cab, 4x4, SB, dually w/ 7.3PS
Trending Topics
Senior User
Joined: Dec 2004
Posts: 186
Likes: 0
kbb for a 04 6.0 lariat with 30k miles is 25k dealership. I'v yet to find one listing under 31 and that was internet.
FTE Stories
Ford Trucks for Ford Truck Enthusiasts
10 Things Every Truck Owner NEEDS (2026 Edition)
Michael S. Palmer
Rezvani's Latest Post-Apocalyptic Monster Is a Ford F-150 Raptor Underneath
Verdad Gallardo
Top 10 Most Expensive Ford Trucks Ever Sold on Bring a Trailer
Joe Kucinski
2027 Ford Super Duty Buyer's Guide (Every Model, Engine, & Package)
Brett Foote
Top 10 Ford Truck Tragedies
Joe Kucinski
AEV FXL Super Duty - the Super Duty Raptor Ford Doesn't Make
Brett Foote
Lobo Vs Lobo: Proof the F-150 Lobo Should Be Even Lower!
Michael S. Palmer
Ford's 2001 Explorer Sportsman Concept Looks For a New Home
Verdad Gallardo
10 Best Ford Truck Engines We Miss the Most!
Joe Kucinski
Posting Guru
Joined: Sep 2002
Posts: 1,154
Likes: 0
I'm in the used car business myself. And $20000 for a '99 reg cab is rediculously high. He should be embarrased to ask that much for that truck. He might get $10000 for it, if the right buyer comes along. But those regular cabs dont sell that well.
ATC, as far as $10000 for that '99 reg cab you saw on that used car lot, the dealer probably bought that for around $5000, so dont give him more than $7K
I hate to say it since im one of them, but most dealers out there are crooks and like ripping people off. Bottom line is do your homework before you buy. Learn how to use a blue book and bring it with you when you go car shopping. THen you can gaurantee yourself you wont get ripped off. Just remember that dealers are in business to make a profit, so dont be too stingy!!
Good luck
ATC, as far as $10000 for that '99 reg cab you saw on that used car lot, the dealer probably bought that for around $5000, so dont give him more than $7K
I hate to say it since im one of them, but most dealers out there are crooks and like ripping people off. Bottom line is do your homework before you buy. Learn how to use a blue book and bring it with you when you go car shopping. THen you can gaurantee yourself you wont get ripped off. Just remember that dealers are in business to make a profit, so dont be too stingy!!
Good luck
Senior User
Joined: Dec 2004
Posts: 186
Likes: 0
Originally Posted by polarbear
Assuming that's a 4X4 Crew with good miles, West Coast wholesale on a unit like that would be somewhere in the low $30's, retail in the high $30's. Your own results may vary. 
Need to get a 04/05 under 45k miles, 4*4, lariat, crew, 8foot bed, automatic preferd not white or red. I like to pay 31k. Tell me you have 8 of em and want them gone.
Last edited by Banshee Ben; Nov 18, 2005 at 12:28 AM.
Thread
Thread Starter
Forum
Replies
Last Post
dpilot83
1987 - 1996 F150 & Larger F-Series Trucks
15
Jan 16, 2014 02:09 PM
hatchet
Car/truck Buying Advice
16
Jun 3, 2008 04:13 PM
qman
1999 - 2003 7.3L Power Stroke Diesel
32
Sep 27, 2005 06:57 PM
blueexpend
1997 - 2006 Expedition & Navigator
1
May 6, 2004 09:53 AM
