Trade In 2005 F150 For Family Care F150?
Thread Starter
|
Senior User
Joined: Mar 2005
Posts: 124
Likes: 0
Trade In 2005 F150 For Family Care F150?
I Was Just Wandering, If Anyone Has Tried To Do This Yet.
I Looked Up My Trade-in Value For My 05 Fx4 And It Seems That It Has Dropped Since This Family Care Plan Came Out. But It Seems To Me You Can Get A 29,000 Dollar Truck Now, Which Was 36,000 In Feb., Why Not Try To Trade.
I Looked Up My Trade-in Value For My 05 Fx4 And It Seems That It Has Dropped Since This Family Care Plan Came Out. But It Seems To Me You Can Get A 29,000 Dollar Truck Now, Which Was 36,000 In Feb., Why Not Try To Trade.
Junior User
Joined: Apr 2004
Posts: 72
Likes: 0
From: Rochester
I just traded my 04 in for an 05 - price was right given I had 30k on my last truck and was able to take most of my accessories off before trade-in. Still cost some money but given the amount of miles I had on it I think I came out ok... I think it all depends on how much dealers are willing to give on trade in - as I think right now many are discounting it significantly.
Senior User
Joined: Jun 2005
Posts: 111
Likes: 0
I did try this! My lariat 4x4 Screw, paid 30,500 a plan 10 months ago, was offered 24,500. It was explained to me, and as I assumed due to the cheap new trucks the trade in values also drop. I decided to keep the truck, and purchase another one.
I get a new truck every 10-12 months, I did trade that exact truck in about a year ago, and got 28,500. Same milage and options. So about a 4k dollar drop. I assume that it would be a great buyers market for private sale 04-05 trucks, it would put my truck at about 26-27k private sale. A great price at price for 10 months old 39k dollar truck.
Am I the only one concerned with the falling vales of these trucks? Surprising as it is a new model and all. I can't remember the pre-04 trucks ever having this fall.
I get a new truck every 10-12 months, I did trade that exact truck in about a year ago, and got 28,500. Same milage and options. So about a 4k dollar drop. I assume that it would be a great buyers market for private sale 04-05 trucks, it would put my truck at about 26-27k private sale. A great price at price for 10 months old 39k dollar truck.
Am I the only one concerned with the falling vales of these trucks? Surprising as it is a new model and all. I can't remember the pre-04 trucks ever having this fall.
Thread Starter
|
Senior User
Joined: Mar 2005
Posts: 124
Likes: 0
i agree with ya 100% firemut, but there's nothin' you can do but buy more gas. and i dont blame ford for the employee pricing, after chevy done the deed, they had no choice.
Trending Topics
Senior User
Joined: Jul 2005
Posts: 100
Likes: 0
Its a double edged sword guys, you buy a truck with a MSRP of 36k for 28k. But now the trade in value is lowered as well to say 24k. You guys need to just forget about what the MSRP value is, and focus on what the true value is, then compare it to the trade in value. A truck that sold for 28k and has a trade in value of 24k is about right. Now if your stuck on "my truck MSRP is 37k and they only give me 24k on trade in" is gonna dissappoint you. Also what bothers me is the fact that the private vehicle sells market will suffer. I mean who would buy a used vehicle when you can buy a new one for a grand or two more? As result its difficult to sell these vehicles rather than trade them in. Either way you will more than likely lose money when performing a trade in. I can tell you that Ford will start selling these used vehicles at a mass rate very soon. Look for used vehicle promotions soon. Ford tried to screw me on a trade in, I said F u and sold mine myself for over double what they offered me.
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 2004
Posts: 1,393
Likes: 2
Originally Posted by silverXLT5.4
Its a double edged sword guys, you buy a truck with a MSRP of 36k for 28k. But now the trade in value is lowered as well to say 24k. You guys need to just forget about what the MSRP value is, and focus on what the true value is, then compare it to the trade in value. A truck that sold for 28k and has a trade in value of 24k is about right. Now if your stuck on "my truck MSRP is 37k and they only give me 24k on trade in" is gonna dissappoint you. Also what bothers me is the fact that the private vehicle sells market will suffer. I mean who would buy a used vehicle when you can buy a new one for a grand or two more? As result its difficult to sell these vehicles rather than trade them in. Either way you will more than likely lose money when performing a trade in. I can tell you that Ford will start selling these used vehicles at a mass rate very soon. Look for used vehicle promotions soon. Ford tried to screw me on a trade in, I said F u and sold mine myself for over double what they offered me.
Trading in is a great deal. For the dealer.
Chris
Senior User
Joined: Jun 2005
Posts: 111
Likes: 0
I typically always sold my trucks outright, then bought a new one. This past time, I found there to be very little action on 04-05 ford trucks. In AZ, you are not taxed on the amount of your trade in on your new trucks deal. So, when you add that tax break on top what the trade in allowance is, it isn't that bad of a deal.
I agree though that the hardest hit on the trucks will be taken by the end user, yes ford is making less, the dealer is making less, but the buyer is who really gets stuck in a bad situation.
I can't remeber it ever being this bad on all the pre-04 trucks I owned, maybe the market was just a lot more stable, and with all makers going into some heavy discounts it just sent the who market into the crapper. I did just hear that there was a dramtic upturn in the new car market this past year, Makes one really worry about how long it will take to "restabilize" the market.
I agree though that the hardest hit on the trucks will be taken by the end user, yes ford is making less, the dealer is making less, but the buyer is who really gets stuck in a bad situation.
I can't remeber it ever being this bad on all the pre-04 trucks I owned, maybe the market was just a lot more stable, and with all makers going into some heavy discounts it just sent the who market into the crapper. I did just hear that there was a dramtic upturn in the new car market this past year, Makes one really worry about how long it will take to "restabilize" the market.
Posting Guru
Joined: Aug 2004
Posts: 2,402
Likes: 0
From: Upstate, NY
Originally Posted by torino_gt
I Was Just Wandering, If Anyone Has Tried To Do This Yet.
I Looked Up My Trade-in Value For My 05 Fx4 And It Seems That It Has Dropped Since This Family Care Plan Came Out. But It Seems To Me You Can Get A 29,000 Dollar Truck Now, Which Was 36,000 In Feb., Why Not Try To Trade.
I Looked Up My Trade-in Value For My 05 Fx4 And It Seems That It Has Dropped Since This Family Care Plan Came Out. But It Seems To Me You Can Get A 29,000 Dollar Truck Now, Which Was 36,000 In Feb., Why Not Try To Trade.
Thread
Thread Starter
Forum
Replies
Last Post
INF GUY
1999 - 2003 7.3L Power Stroke Diesel
12
Nov 24, 2007 09:43 AM
