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Superduty Holding Value

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Old 10-21-2018, 11:22 AM
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Superduty Holding Value

Just traded in my 2017 F350 CCSB w/value pkg on a 2019 F350 CCSB Ultimate. I’m happy with the relatively low depreciation of my 17 over only 20 months of ownership. That’s even with some minor body damage on the truck bed over the taillight.

The 2017 had 20,000 miles on at at trade.
$65,810 MSRP
$61,000 paid for it 2/17 with x-plan plus rebate
$54102 trade in allowance

That’s $345/mo depreciation over the 20 months of ownership. You can’t lease a $66,000 vehicle for 2 years at $345/mo.

The dealer is a fixed price listing dealer. They listed the 2017 for $57,211 so I assume that’s what it sold for. So it sold for only $4,000 less than what I bought it for when new. Does it make sense to buy a 2 year old F350 with 20,000 miles on it for $4,000 less than a brand new truck?

On top of that I bought our 2019 CCSB Ultimate MSRP $74,015 for $65,878 after X-plan Discount, rebates and PCO.

 
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Old 10-21-2018, 11:42 AM
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I experienced the same thing yesterday. I bought a 2017 Lariat value package in April 2017 otd for $61339 traded it in yesterday and got $53000 for it. Picked up a 2019 Lariat ultimate MSRP $72660 dealer discounted it $8785 and then got $750 in rebates.
 
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Old 10-21-2018, 12:12 PM
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Just look at the prices on low mile used ones on CarMax etc. Almost as much as new.
 
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Old 10-21-2018, 01:13 PM
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Discounts STUN

I just ordered a 2019 F-350 Lariat CCLB 4x4 6.7L. I decided to go with minimal BLING. List was $71,529; my price was $65,388 with $500 in rebates from Ford and $500 below invoice pricing and a $750 PCO. The deals I keep hearing about on this forum STUN me and make me feel a bit embarrassed. I thought that I’d done my homework and received a good deal, which I do feel I got. However, I suppose that I could have done better. Well, a gargantuan $3000 PCO would have helped. Maybe after I’ve been a “member of the Ford Family” next time around, they’ll give me one of those SWEET PCO’s.

I have to admit to being stunned when I see a $72,660 MSRP and a discount of $8,785 along with a $750 PCO for a net price of $63,125 (13.12% off MSRP - that’s a SUPER DEAL!). Or a $74,015 MSRP and a net price of $65,878 (10.99% below MSRP). Makes my 8.24% discount off MSRP look paltry by comparison. But hey, paying 8-1/4% below MSRP is better than paying more.

To address the title of this thread, I am pleased to see the Ford SDs holding their value regarding trade-in. We just might join the parade of SD owners who own their trucks until the warranty runs out and then buy a new one. Here’s to the coming 125,000 miles and 5 to 6 years of TROUBLE-FREE ownership. One can, and should, be optimistic and hopeful.

CHEERS
 
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Old 10-21-2018, 01:24 PM
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Discounts really depend on the time of year, when the model starts coming out and overall sales. For example I bought my 2017 in November/ December of 2016. There were few incentives, and it was a new model from 2916 into a 2017so discounts were less. I had about 6000 in deductions, including Costco 1000, and they included 2300 in additions to the truck, and where I made out best was on my trade. Mines all in CDN funds. So numbers are significantly higher. List 90,000, subtracting above, also, significant tax difference as only pay on the trade. We have a new additional tax which is going to make my purchase pretty smart, it’s an extra $9000 on the purchase now....
 
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Old 10-21-2018, 02:13 PM
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The most I was offered for my 2017 f350 bought in feb with msrp of 74000 was 55000. Perfect condition and 34k on it.
 
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Old 10-21-2018, 02:46 PM
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Originally Posted by zeroo
The most I was offered for my 2017 f350 bought in feb with msrp of 74000 was 55000. Perfect condition and 34k on it.
My dealer allowed $54,102 but Carnac and others only offered $49,000.

I was fortunate to fall into the $3,000 PCO. That’s the only reason I shopped and considered trading my 2017 for a 2019.

I bought the same color, same CCSB, but went from Value to Ultimate and added BLIS, LED Headlights, Adaptive Cruise, etc
 
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Old 10-21-2018, 02:52 PM
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Originally Posted by Flyct


My dealer allowed $54,102 but Carnac and others only offered $49,000.

I was fortunate to fall into the $3,000 PCO. That’s the only reason I shopped and considered trading my 2017 for a 2019.

I bought the same color, same CCSB, but went from Value to Ultimate and added BLIS, LED Headlights, Adaptive Cruise, etc
I need to go to your dealer. I still have a $2k PCO. Sales in my vicinity are not great. The dealer I traded my 2015 to for the truck I have now back in February still has it.
 
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Old 10-21-2018, 03:18 PM
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I suspect there is also an art to maximizing resale - buy popular options but stay towards the bottom of a trim level.

I have a hunch that my maxed out Lariat that cost as much as a platinum won’t be fetching the resale of a platinum if I try to trade it in.

I tend to drive cars into the ground so I ignored trade in. But then again my purchasing power is different than when I was driving cars into the ground, so maybe I just haven’t caught up with my own thinking...
 
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Old 10-21-2018, 05:31 PM
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KBB says my trade-in value ranges from $58,259 to $63,638 (avg. $60,949). MSRP was $72K, paid $64K 14 months ago and it now has 7,500 miles. Yep, holding its value pretty well.
 
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Old 10-21-2018, 05:40 PM
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Originally Posted by Flyct
Just traded in my 2017 F350 CCSB w/value pkg on a 2019 F350 CCSB Ultimate. I’m happy with the relatively low depreciation of my 17 over only 20 months of ownership. That’s even with some minor body damage on the truck bed over the taillight.

Does it make sense to buy a 2 year old F350 with 20,000 miles on it for $4,000 less than a brand new truck?

On top of that I bought our 2019 CCSB Ultimate MSRP $74,015 for $65,878 after X-plan Discount, rebates and PCO.


No. LOL! We've seen some 2017's, and yeah they do hold their value way too well. So do the 2018 leftovers. We're just going to order a new 2019 F350 CCSB SRW, Lariat trim with the diesel. With what we want... and not what we don't want, like 20's and the chrome package... it will still list around $74k. I am hoping to get it for around $68k, but I have no PCO. Might have the $750 EAA thing, still not sure about that although I did join week before last...

Nice price on yours! I would be thrilled with that much off of a new F350! Oh, and nice trailer too. That's why we're buying our truck, too. Have not ordered the truck yet, but did order a Rockwood 5th wheel last week. Not as nice as the Grand Designs, but we think it'll do us pretty well to start with.
 
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Old 10-21-2018, 05:53 PM
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just for clarification that hold for oil burners....gassers take a big dump.
I saw the paper work when I went to re-fi mine (Went with Ford for the extra $500, then went with my credit union).
Dropped 10k in market value within 3 months. Good thing I have no plans on trading.
 
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Old 10-21-2018, 06:02 PM
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VR4,

Read my thread PCO - HOW I GOT MINE. I believe you can get a $750 PCO without too much trouble in pretty short order. This from a person who has NEVER owned a Ford before and found out about PCOs on this forum.
 
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Old 10-21-2018, 06:05 PM
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Originally Posted by Chinookman
just for clarification that hold for oil burners....gassers take a big dump.
I saw the paper work when I went to re-fi mine (Went with Ford for the extra $500, then went with my credit union).
Dropped 10k in market value within 3 months. Good thing I have no plans on trading.
I found that out the hard way about 4 years ago. I bought a GMC gasser that had a sticker price around $60k. I wasn't too happy with it and traded it in 10 months later. Best I could get for a trade-in was $38k.
 
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Old 10-21-2018, 06:10 PM
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Originally Posted by VR4
No. LOL! We've seen some 2017's, and yeah they do hold their value way too well. So do the 2018 leftovers. We're just going to order a new 2019 F350 CCSB SRW, Lariat trim with the diesel. With what we want... and not what we don't want, like 20's and the chrome package... it will still list around $74k. I am hoping to get it for around $68k, but I have no PCO. Might have the $750 EAA thing, still not sure about that although I did join week before last...

Nice price on yours! I would be thrilled with that much off of a new F350! Oh, and nice trailer too. That's why we're buying our truck, too. Have not ordered the truck yet, but did order a Rockwood 5th wheel last week. Not as nice as the Grand Designs, but we think it'll do us pretty well to start with.
just out of curiosity, why no 20's?
Just wondering if I made a mistake by ordering mine with 20's

V/R
K
 


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