These things are getting cheap!!!
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Laughing Gas
Joined: Mar 2006
Posts: 1,083
Likes: 1
From: Fitzpatrick Alabama
These things are getting cheap!!!
I was at an auction the a couple of months ago and bought an 86 F350 Flatbed rough shape that ran GOOD, two brand new batteries, old farm truck that someone kept running good! $435! Then last week at the same auction I bought two more one flatbed ran REAL good, and looked halfway decent for $750, and then another with a Kubota diesel welder that also ran good, and welded for $2900. Now I got more trucks than I know what to do with. I'm in the process of putting the motor out of the 400 dollar truck into one I bought 6 months ago with a bad motor for $200. I now have more trucks than I know what to do with. The value of diesels, especially old ones have gone to nothing.
Elder User
Joined: Jan 2008
Posts: 698
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From: Guymon
Im wondering If it depends on what area your in depends on how cheap they are. I know in some areas they are high. What has really supprised me is how how new trucks have gotten and are staying that high even with the high fuel prices. I figured they would come down off the price but They seem to be staying firm while little cars are going next to nothing. Seems like it should be backwords to me. Chevy used to have a regular cab short bed w/v6 and standard for like 15,500, now you can't get one for under 19,000. The 06 chevy I bought new with 4.8 vortec w/auto reg cab long bed was 18,500 and now that truck with the same features is 23,000.
And the diesels are so High they burn my eyes looking at them and people are buying them all over. And the amazing thing is I have little credit but can get a loan for a $50,000 new truck with a little or no down payment. I have been approved at a few dealerships and when I see the payments, I run and ask myself what was I thinking. They sure make it easy to drive off the lot and man they are super nice trucks with so many features but when them payments start for the next 7 years!!! and the first tag regestration, and insurance for me at $2500 a year, Im glad the old trucks are cheap, just hope they stay that way.
And the diesels are so High they burn my eyes looking at them and people are buying them all over. And the amazing thing is I have little credit but can get a loan for a $50,000 new truck with a little or no down payment. I have been approved at a few dealerships and when I see the payments, I run and ask myself what was I thinking. They sure make it easy to drive off the lot and man they are super nice trucks with so many features but when them payments start for the next 7 years!!! and the first tag regestration, and insurance for me at $2500 a year, Im glad the old trucks are cheap, just hope they stay that way.
Elder User
Joined: Feb 2007
Posts: 549
Likes: 1
From: Mississippi
i'm not sure if location is all of it but last week here in n. mississippi a guy just HAD to trade an expedition with 45K miles for a camry to get "better" gas mileage. the salesman tried to talk him out of it because of trade in. the best he would offer him was 7,000 bucks for the ford. 30 days prior the same vehicle was at a price of 13,500 bucks trade in. the guy took a beating but traded anyway. salesman said it would take 12 years with gas at $5 per gallon driving 20,000 miles a year to make up the mileage difference. there's just no figuring some folks, huh?
speedrdr
speedrdr
Freshman User
Joined: Jul 2007
Posts: 42
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From: Ohio
Honestly, why in the hell would anyone trade in a decent vehicle that has been PAID FOR to get 10MPG more on the highway? I'm sorry, but 35MPG is UNACCEPTABLE for a car with a 4 banger that weighs 2300 pounds!! I have a buddy who drives an 03 Dodge 2500 (cummins) who gets 28MPG highway on computer tunes alone! Our trucks are capable of breaking 20 MPG with the right gearing and modifications! Considering that our trucks weigh 3000 to 4000 pounds more than a honda civic, are geared lower, and have 4-5 liters more displacement, we KICK A$$!!!
*end rant*
*end rant*
Elder User
Joined: Feb 2007
Posts: 549
Likes: 1
From: Mississippi
like i said, just no figuring some folks. i'm still trying to figure out how that guy that ate the 7 grand on the trade thought that deal "tasted" after he got home and really figured out what he'd done. i guess some people panic and get the chicken little syndrome rather than actually think for themselves for a change. oh, well, i guess everybody can't be smart like us, huh??????
speedrdr
speedrdr
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Elder User
Joined: Jan 2008
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From: Guymon
Thats also why I havent been buying a new car. In the end with intrest and payments and insurance ect I will spend just as much if not more than just keeping what I have. If I see a good cheap car come around, I might ****** it up but it better be a smokin deal. Been bent over once on a truck, shame on them, If it happens again, shame on me.
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Laughing Gas
Joined: Mar 2006
Posts: 1,083
Likes: 1
From: Fitzpatrick Alabama
My dad bought a brand new 03 Excursion with the 6.0, sticker price 50k and was making 800 dollar a month payment on it, then around when the warranty went out started AVERAGING 800 a month in the shop and he wound up trading on a Nissan Titan. It was 2 years old with 60,000 on it, they gave him 23,000 for it, he owed 33,000. But he had to do it, the shop bills were eating him alive. I just bought a 97 F350 for a ride around truck, wasn't but 8400 and I believe that its next 100,000 miles it will give less trouble than a brand new one, and if it does go to the shop a few times, its still a lot cheaper than a new one.
Posting Guru
Joined: Aug 2006
Posts: 2,175
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From: Kent WA
I just filled up mine today. 15.6 gallons, 267 miles, 17 mpg. And 2/3 of that was on the highway doing 65-70, the other 1/3 was all surface streets here in town.
Am I going to trade it on a new one with $800 or $1000 a month payments and $500 a month in insurance just to get 5 or even 10 mpg better mileage? NOT ON YOUR LIFE! I don't care HOW much nicer the new ones are, saving a couple of hundred a month in fuel by spending 5-10 times that much in payments & insurance would be stupid...
Am I going to trade it on a new one with $800 or $1000 a month payments and $500 a month in insurance just to get 5 or even 10 mpg better mileage? NOT ON YOUR LIFE! I don't care HOW much nicer the new ones are, saving a couple of hundred a month in fuel by spending 5-10 times that much in payments & insurance would be stupid...
Senior User
Joined: Apr 2006
Posts: 310
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From: maricopa az
I keep being asked to get a new truck also after payment insurence and fuel itt's alot cheaper to keep the truck even thou fuel so expensive. parts are cheap for these trucks. I just did the rear brakes on my truck 23.00 for shoes 70.00 in bearings 88.00 for 2 drums and afternoon doing the work and drinking a beer with friends priceless.