When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
Not as much as you'd think. The guy figures he paid ~$50k for it, it's 5 years old and probably well maintained, 50% depriciation is to be expected. He probably hasn't checked the price of other vehicles in this class, and without doing that, you really aren't that far off the ball here.
Will he get that price? Probably not. However I was just at the dealer a months ago, and there were 04's in the 20-24k price range.
An 04 2wd 5.4 with 100k (which isn`t high mileage anymore btw) is realisticly only worth $15k at most! even with all his "upgrades" and his grammar smells of Nigerian scammer!
Ahh, that explains things well. The dealership hopes to start off high ball, give the customer a $5,000 to $7,000 discount,
and still make $5,000 more than the truck is worth! And some stupid customer will still think they got a good deal!
I've toyed with the idea of going in and offering them $12K and see what they say. Seems reasonable for a '05 V10 4x4 XLT, trailer tow and rear entertainment.