Are our trucks worth that much?
#1
Are our trucks worth that much?
I'll be honest, there have been times when I would have pushed mine off a cliff. Then, I'll have to tow something and I wouldn't trade it for the world. Recently, I had a guy servicing the water system at my home. He asked if I wanted to sell the truck, what would I take for the truck, could he run a carfax on it, and gave me his contact information. It's a bone stock '96 4x4 automatic with about 128,000 miles, that I bought from my Dad 10 years ago. He called me a few days later and asked if I would take $7,500 for it. I really can't sell it right now, and told him so. The same day, I was filling up and a guy at another pump said he regretted ever selling his old diesel, and asked if I wanted to sell it. I told him I had a guy who offered $7,500 for it, and he laughed. He said, "If you'll take $10,000 for it, we'll head to the bank right now". Does that sound right? I may have to talk nicer about the old truck.
#2
Registered User
It is what they sell for, these are the last of the mechanically injected diesels and some would argue built much more heady duty than anything since then.
A guy talked for 5 minuets about how it would be to my benefit to trade my '92 dodge for his much newer 07 Ford and I think he got offended when I laughed in his face in front of his friends.
Where I'm at a '96 4x4 with less than 150k miles would be around $12k if not higher. California is NO smog check required on '97 and older so there is lots do demand and little supply.
A guy talked for 5 minuets about how it would be to my benefit to trade my '92 dodge for his much newer 07 Ford and I think he got offended when I laughed in his face in front of his friends.
Where I'm at a '96 4x4 with less than 150k miles would be around $12k if not higher. California is NO smog check required on '97 and older so there is lots do demand and little supply.
#3
With those miles and not abused Heck yes it is worth 10k plus.
I have been looking myself for sometime for a late 12v under 200k miles manual trans.
Just cannot find anyone who wants to let it go.
I have been looking myself for sometime for a late 12v under 200k miles manual trans.
Just cannot find anyone who wants to let it go.
#4
Registered User
Well since new(er) trucks are ranging well in the $60k+ with monthly payments of around $700, and are full of problematic emission components which are costly to delete..... yes, the older trucks are very desirable. I've heard of 2nd gens in clean low mileage condition going for up close to $20k.
#5
Administrator
Yep, like it or not, they are worth well above what a comparable gasser is.
I have in the past turned down 15K for my Greenie ( before she really started to show the fender and rocker rust and turned 200K ), and I have no doubts that I could still sell her for north of 10K if I were foolish enough to do so.
Better show the old girl some love................
I have in the past turned down 15K for my Greenie ( before she really started to show the fender and rocker rust and turned 200K ), and I have no doubts that I could still sell her for north of 10K if I were foolish enough to do so.
Better show the old girl some love................
#7
Registered User
IMO, 2ndgens are overpriced, and the trucks themselves don't age well.
I'm in the middle of parting out a third one... the good pieces finding their way into my 1stgens.
I'm in the middle of parting out a third one... the good pieces finding their way into my 1stgens.
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#8
Registered User
I'm going to assume that you live where salt is an issue..... If thats the case then pretty much any vehicle thats not built in the "aluminum" or "stainless steel" era will fall apart.
#9
Registered User
I'm about 40 miles west of Bellingham, WA. Road salt isn't the major issue.... Its more the constant PNW moisture. Structurally, 2ndgens just don't weather well in this region; (I've wrecked out 3, repaired/sold a 4th - all too rotten to keep) but it doesn't stop guys from asking the sunbelt prices.
#10
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Join Date: Dec 2002
Location: Brentwood, CA - Dallas, Tx
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They keep their value
Just sold my rig for 16k sooo.....ya they keep their value.
Silver Quad Cab 4x4 and 5-sp with 149k with small oil leak and slow A/C leak. Every time I drove my truck I got asked by someone to sell it. Once my boys get older and I don't need a larger cab I'll be looking for a 2nd gen again.
-CM
Silver Quad Cab 4x4 and 5-sp with 149k with small oil leak and slow A/C leak. Every time I drove my truck I got asked by someone to sell it. Once my boys get older and I don't need a larger cab I'll be looking for a 2nd gen again.
-CM
#12
Registered User
I agree with u2slow regarding the Pacific nw. Mine gets green moss growing between the doors and along all the window seals and it's a pain to thoroughly clean out....and stuff stays damp or wet a long time but mine is still pretty solid underneath. ..
#14
Registered User
WOW! So it is true what people are saying about my '97 Dodge 2500 Cummins 4X4 Extra cab! I guess I did the right choice back then when I bought it brand new. I think I paid around $29,000. It only has 128,000 miles. It does need upholstery, new paint, some minor body work.