Realistic Trade
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Freshman User
Joined: Dec 2007
Posts: 42
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From: Valparaiso, IN
Realistic Trade
Considering a trade in for a 2008/2009 F250. Just curious what would be a realistic trade expectation on a 2006 crew cab, 5.4L, XLT with all the bells and wistles.
Senior User
Joined: Jun 2006
Posts: 199
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I was at the dealer today to get a trade value on my 06 f250 diesel fx4, with 32000 miles. they offered me 20,000. Said that they were so over stocked, plus the auctions prices were low. Needless to say, i still own a 06 f250..)
Junior User
Joined: Jan 2008
Posts: 63
Likes: 1
From: Milwaukee, WI
Just for the hell of it I checked KBB on mine:
Yikes, even with the high mileage that sucks!
2006 Ford F250 Super Duty Super Cab Short Bed
Vehicle Highlights
Mileage: 134,000
Engine: V8 5.4 Liter
Transmission: Automatic
Drivetrain: 4WD
Selected Equipment Change Equipment
Standard
Power Steering Dual Front Air Bags Towing Pkg
AM/FM Stereo ABS (4-Wheel)
Optional
XLT Tilt Wheel Running Boards
Air Conditioning Cruise Control Hard Tonneau Cover
Power Windows Single Compact Disc Bed Liner
Power Door Locks Sliding Rear Window
Condition Value
Excellent $8,550
Good $7,670
Fair $6,135
Vehicle Highlights
Mileage: 134,000
Engine: V8 5.4 Liter
Transmission: Automatic
Drivetrain: 4WD
Selected Equipment Change Equipment
Standard
Power Steering Dual Front Air Bags Towing Pkg
AM/FM Stereo ABS (4-Wheel)
Optional
XLT Tilt Wheel Running Boards
Air Conditioning Cruise Control Hard Tonneau Cover
Power Windows Single Compact Disc Bed Liner
Power Door Locks Sliding Rear Window
Condition Value
Excellent $8,550
Good $7,670
Fair $6,135
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Junior User
Joined: Jan 2008
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From: Milwaukee, WI
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Senior User
Joined: Jun 2006
Posts: 199
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The only thing about kbb is the dealers are even paying that amount. Mine in kbb is almost 23000 and they still only offered me 20000. I did hear an ad on the radio today about a dealer paying 125% of kbb value but that was for Hyundi or some ohter pos vehicle..
Elder User
Joined: Sep 2004
Posts: 750
Likes: 0
From: Weimar,TX
Most dealers just want to pay auction prices for any trade-in. And on a recent model
like your 06, they will say diesels aren't selling and offer you a ridiculous low price.
I would try to hang on to it a while, since diesel fuel is coming down and PSD prices should be better in a few months.
Good luck
like your 06, they will say diesels aren't selling and offer you a ridiculous low price.
I would try to hang on to it a while, since diesel fuel is coming down and PSD prices should be better in a few months.
Good luck
Postmaster
Joined: Jun 2008
Posts: 2,564
Likes: 11
From: Wayyy NoCal, USA
The reality is that used vehicles values are completely supply/demand driven.
And right now, demand is at an extremely low level while supply is high. Translation: value has plummeted.
It will come back once folks re-adjust to fuel prices and re-adjust their lifestyles. But for now, it sucks.
In my area, dealers won't even consider trade ins of anything that gets less than 25 mpg - they've got plenty and can't move them.
Your only chance is to find a dealer with a huge overstock of new trucks that have sat for a long time and is desperate to move them. In which case he may offer you a drastically reduced sell price on the new, or and artificially high trade in if you pay MSRP. Regardless, you can't get anywhere near as good a deal as you could just 12 months ago.
And right now, demand is at an extremely low level while supply is high. Translation: value has plummeted.
It will come back once folks re-adjust to fuel prices and re-adjust their lifestyles. But for now, it sucks.
In my area, dealers won't even consider trade ins of anything that gets less than 25 mpg - they've got plenty and can't move them.
Your only chance is to find a dealer with a huge overstock of new trucks that have sat for a long time and is desperate to move them. In which case he may offer you a drastically reduced sell price on the new, or and artificially high trade in if you pay MSRP. Regardless, you can't get anywhere near as good a deal as you could just 12 months ago.
Postmaster
Joined: Jun 2008
Posts: 2,564
Likes: 11
From: Wayyy NoCal, USA
Yeah, that's what most consumers are concluding. It is going to be an excrutiatingly tough year for the truck manufacturers.
The silver lining is for those of us that have been wanting to buy a truck but do not need to sell an old one to get it! It is absolutley a buyers market today - especially if paying cash.
By plan, I am perfectly "out of sync" with the purchasing trends of America. I purchased an economy vehicle three years ago, and a big truck this year. Ended up getting both for ridiculously low prices!
The silver lining is for those of us that have been wanting to buy a truck but do not need to sell an old one to get it! It is absolutley a buyers market today - especially if paying cash.
By plan, I am perfectly "out of sync" with the purchasing trends of America. I purchased an economy vehicle three years ago, and a big truck this year. Ended up getting both for ridiculously low prices!