Trade in Value
Posting Guru
Joined: Jul 2008
Posts: 1,057
Likes: 0
From: Florida
PoWeRStRoKeDF250,
You have a great truck. I have an 06 F350 CC DRW lariat with 57,000 miles on it. If you don't need a new truck right now I would hold on to what you have.
I have an 08 and I absolutely love it but if I knew back then what I know about the economy now then I probabaly would have waited.
They are awesome trucks but a truck payment shore as hell can strap your butt if the work ain't there.
You have a great truck. I have an 06 F350 CC DRW lariat with 57,000 miles on it. If you don't need a new truck right now I would hold on to what you have.
I have an 08 and I absolutely love it but if I knew back then what I know about the economy now then I probabaly would have waited.
They are awesome trucks but a truck payment shore as hell can strap your butt if the work ain't there.
Junior User
Joined: Jan 2007
Posts: 91
Likes: 0
From: Roseburg, Oregon
gwcon..
I did some research and came up with a trade-in range of $18k to $22.8k in this market before I went in to negotiate. I needed more towing capacity so had to move up. I figured the $21k was reasonable in the market given the price for the new truck was what I paid for the 2006 2.5 yrs. ago with the rebates.
I did some research and came up with a trade-in range of $18k to $22.8k in this market before I went in to negotiate. I needed more towing capacity so had to move up. I figured the $21k was reasonable in the market given the price for the new truck was what I paid for the 2006 2.5 yrs. ago with the rebates.
Posting Guru
Joined: Aug 2008
Posts: 1,706
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From: Palmdale,CA
Drove by the ford dealer this week for the sake of boredom I thought I would look at the 09's well first I wanted to check the trade in value. They said something around 28k for my 450. I busted out laughing. Are you serious I asked. With a straight the sales men said yes sir. Well no longer willing to entertain the idea of getting an 09, I left in utter disbelieve. I can't understand how a 50K truck is worth half that in one year. I mean the truck is in perfect condition. Just goes to show how much they depreciate in one year.
And the employee pricing isn't all that either. If you get that, the interest rate is around 7.9% witch in the long run will end up being more than the money saved on employee pricing. I think I'll keep my truck.
And the employee pricing isn't all that either. If you get that, the interest rate is around 7.9% witch in the long run will end up being more than the money saved on employee pricing. I think I'll keep my truck.
Thread Starter
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Freshman User
Joined: Nov 2008
Posts: 31
Likes: 0
From: Illinois
Why would a dealer want to put a used truck on the lot that costs more than a new one?
The reason of the loss in value is because all these big Rebates.(anything to save money is good) It hard to belive that you can get a $50,000 truck for $37500 now and they are still making money.
The reason of the loss in value is because all these big Rebates.(anything to save money is good) It hard to belive that you can get a $50,000 truck for $37500 now and they are still making money.
Freshman User
Joined: Dec 2007
Posts: 35
Likes: 0
What about all the negative equity ! I owe twice as much than shes worth. I figure every part on the truck will have been replaced before I will ever see the light of day. Onlt the 7.3 will be original to the truck.
Freshman User
Joined: Oct 2008
Posts: 35
Likes: 0
Sell it yourself. I won't give the dealers the satisfaction of screwing me on trade-ins and then them trying to sell it for full used clean retail.
I owed $11,900 on my gas 05 F-250. Two dealers wanted to give me $8,900 trade-in. KBB and NADA used retail was roughly $l5,500. I marketed it myself for $14,000 and got it.
Market it aggressively with a price you will accept and it will be off your hands in no time.
I owed $11,900 on my gas 05 F-250. Two dealers wanted to give me $8,900 trade-in. KBB and NADA used retail was roughly $l5,500. I marketed it myself for $14,000 and got it.
Market it aggressively with a price you will accept and it will be off your hands in no time.
FTE Leadership Emeritus
Joined: Sep 2003
Posts: 12,242
Likes: 758
From: Houston, Texas
Someone rear ended the X and their insurance company gave me an '08 and then an '09 Expedition EL. If you look on the cluster, both have the "wait to start" glow plug indicator. Back in late 2006 and early 2007, Ford polled America asking the idea of a diesel was good for the Expedition. I don't know how the polls turned out, it seemed like they were going to go through with it, but for whatever reason changed their mind and scrapped the idea.
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Posting Guru
Joined: Aug 2008
Posts: 1,706
Likes: 0
From: Palmdale,CA
You know the employee pricing has it's draw backs as well. Sure you get a great deal on the sticker price, but the interest rate is something like 7% I thought that was crazy. But I do understand, I mean they need to make money as well.
Senior User
Joined: Jan 2009
Posts: 129
Likes: 0
From: Salem, Oregon
Yesterday I traded in my 2002, 7.3, extended cab, Lariat, 48,000mi. They allowed $15,600 on a new 2008, 6.4, Lariat, crewcab, with just about everything on it. $25,000 difference with employee pricing and $4,500 rebate. This was at a Chevrolet dealer who has a Ford Dealership 70 miles away. I went there to drive a Duramax. They offered me $4,000 more for my trade-in than the Ford Dealer I was at the day before. They brought a truck over from their out of town Ford Dealer, it was the right truck so I bought it. I feel I was in the right place at the right time.
Senior User
Joined: Nov 2005
Posts: 258
Likes: 1
From: Corpus Christi, TX
It seems they scrapped it a little sooner than we all thought....
Back in late 2006 and early 2007, Ford polled America asking the idea of a diesel was good for the Expedition. I don't know how the polls turned out, it seemed like they were going to go through with it, but for whatever reason changed their mind and scrapped the idea.
Back in late 2006 and early 2007, Ford polled America asking the idea of a diesel was good for the Expedition. I don't know how the polls turned out, it seemed like they were going to go through with it, but for whatever reason changed their mind and scrapped the idea.
Maybe the cost difference in gas & diesel in 06 looked a little better to everyone in 06-07. Diesel in my area is running .70-1.00 more than regular right now. 2 years ago if I recall it was pretty close to even. Diesel is now coming off the top of the barrel instead of the bottom. More diesels on the road, more demand. Most folks buying diesel now do so because of need. Probably NOT a good formula for bringing out more diesel power domestic people haulers if you goals are sales and profits. Just my opinion of course.