General Diesel Discussion Talk about general diesel engines (theory, etc.) If it's about diesel, and it doesn't fit anywhere else, then put it right in here.
Sponsored by:
Sponsored by: CARiD

retail value of used cummins

Thread Tools
 
Search this Thread
 
Old Oct 30, 2006 | 04:27 PM
  #1  
turbo dreams's Avatar
Thread Starter
Registered User
 
Joined: Jan 2005
Posts: 230
Likes: 0
From: griffin, ga.
retail value of used cummins

i don't know about everywhere else in the country but here in the south it is hard to find a used cummins. they just aren't around and what is around sells for more than book value and sells quick. i have been debating selling my 24 valve and finding a 12 valve manual because i think i could get a fair amount out of my 24 valve even with 230,000 miles. there are tons of fords around here but no cummins, 12 or 24 valves. and what do you think the truck in my sig would bring in? mechanically flawless, with a few dents and scratches and near flawless interior. i know the longevity of these engines and am not scared to buy a higher mileage cummins if the rest of the truck is up to par. i know something is only worth what someone else will pay but i think i could get more than book value out of my truck.what is everyone else seing for retail value where your at? i wonder if the release of the 6.7 liter will drive the value of the 5.9 up? what are yalls opinions? thanks
Reply
Old Oct 30, 2006 | 04:46 PM
  #2  
04ctd's Avatar
Registered User
 
Joined: Jan 2004
Posts: 1,578
Likes: 8
From: Charleston SC
i traded my 04 in on friday nite, in St Marys GA, and they sold it Saturday.

had 69k miles, said they got good money for it.

i would post your truck in the FS in the forums here, and see that way.

your truck is modded well past what the average joe will want/understand/know to tune/maintain.
Reply
Old Oct 30, 2006 | 04:58 PM
  #3  
turbo dreams's Avatar
Thread Starter
Registered User
 
Joined: Jan 2005
Posts: 230
Likes: 0
From: griffin, ga.
i would want higher than book value. kbb rates it at 13K but nada rates it at 16,875? this truck gets tons of compliments everywhere i go. i love the truck but i know the 12 valve is a dying bread and i want one to keep forever and rid myself of the vp-44. i honestly think i could get 16 to 17 for my truck, selling it as a private seller.
Reply
Old Oct 30, 2006 | 07:26 PM
  #4  
hammerjammer's Avatar
Registered User
 
Joined: Apr 2003
Posts: 270
Likes: 0
Originally Posted by turbo dreams
i don't know about everywhere else in the country but here in the south it is hard to find a used cummins. they just aren't around and what is around sells for more than book value and sells quick. i have been debating selling my 24 valve and finding a 12 valve manual because i think i could get a fair amount out of my 24 valve even with 230,000 miles. there are tons of fords around here but no cummins, 12 or 24 valves. and what do you think the truck in my sig would bring in? mechanically flawless, with a few dents and scratches and near flawless interior. i know the longevity of these engines and am not scared to buy a higher mileage cummins if the rest of the truck is up to par. i know something is only worth what someone else will pay but i think i could get more than book value out of my truck.what is everyone else seing for retail value where your at? i wonder if the release of the 6.7 liter will drive the value of the 5.9 up? what are yalls opinions? thanks
I don't know what book value is,who ever buys it will have to have cash,no bank will finance a pick-up truck with 230k. I'd say check the auction price,..The truck trader in Atlanta is full of these Dodge CTD's every week,there is no shortage of high mileage dodge CTD's, low mileage are a little more scarce. Most people wouldn't buy a pick-up truck with 230K, if it sparkled like a diamond in a goats rear-end.
Reply
Old Oct 30, 2006 | 07:32 PM
  #5  
Spooler's Avatar
Registered User
 
Joined: Jan 2006
Posts: 5,902
Likes: 5
From: Claxton, GA
They don't last long around here used. Ya have to be quick. I got lucky to find mine with only 17,000 miles on it. No hitch in the bed and no use of the reciever at all. It looked brand new. Farmers will ****** them up quick.
Reply
Old Oct 30, 2006 | 09:11 PM
  #6  
scoggins's Avatar
Registered User
 
Joined: Oct 2006
Posts: 294
Likes: 0
From: Great State of Georgia
..........and drive them 'till the wheels fall off...... patch them and drive them some more
Reply
Old Oct 30, 2006 | 10:28 PM
  #7  
96_12V's Avatar
Registered User
 
Joined: Feb 2004
Posts: 663
Likes: 0
From: Northern Iowa
My take is this - you have lot$$$ of modification$ in your truck. Rarely - if ever - do you get your money back on modifications to a truck, car, etc. It's just a simple fact that stock trucks sell for more $$$ used. Recall the old saying most often used with houses...Your personal dream probably isn't the same as someone else's.

A few things, such as a nice hard shell topper or toolbox, may bring a bit more but very little else will. Most farmers I grew up around prefer base-model trucks anyway - simpler is better and less to break down.

I guess I would consider how much you like your truck now. Would you be willing to take a hit in value to go to a 12-vavle unit? When it's all said & done, could you actually be dissapointed with the new vechile? I guess my take is that if I 1) have a paid-for truck, 2) know what maintance I've done to it, 3) know it has a clean history with no "stories" attached and 4) have some clue as to what it may need down the road, and 5) there is no note on this truck - Then I'm going to stick with this rig until I can purchase something with Common-rail injection.

It's a nice sediment to want to keep an old 12v running forever, but when you compare the cost vs. the benefit, it's quite likely not to be worth the effort. Good luck....
Reply
Old Oct 31, 2006 | 01:25 PM
  #8  
tmacie's Avatar
Registered User
 
Joined: Oct 2005
Posts: 189
Likes: 0
Originally Posted by hammajamma
I don't know what book value is,who ever buys it will have to have cash,no bank will finance a pick-up truck with 230k. I'd say check the auction price,..The truck trader in Atlanta is full of these Dodge CTD's every week,there is no shortage of high mileage dodge CTD's, low mileage are a little more scarce. Most people wouldn't buy a pick-up truck with 230K, if it sparkled like a diamond in a goats rear-end.

I disagree with the bank statement (though not entirely), they are getting smarter and smarter about what vehicle lasts and what one doesn't. I financed my 94 CDT with 200k on it for 5 years, the bank didnt even blink. The loan officer even said that if it was a gas job they would have never done it.
That goes along with people not buying high milage. More and more and more people are buying diesels for this fact and this fact alone, they last. In the 90's that was accurate, over 100k pick was worth about 1 or 2k no matter what it was now people are getting more educated especially with this here intarweb.


Travis
Reply
Old Oct 31, 2006 | 04:51 PM
  #9  
Luke S's Avatar
Registered User
 
Joined: Feb 2002
Posts: 1,335
Likes: 0
For comparison, I was at the auction today. I ran an 01 3500, quad cab, 4x4, CTD/auto, 67k miles, leather and the works, sport package in black, painted to match fierglass boards, not modded all to hell truck, to $13,500. It sold, for $14,300. The auctioneer anounced that it had a defective transmission, but it pulled itself across the block. A guy coulda had Dave Goerand redo the tranny for about $3g's and he'd a had a heck of a truck. I don't think your will bring that much. I have an 01 3500 regular cab flatbed 4x4, with 109k on it, that is pretty nice, but I traded it in needing a new clutch. I gave the guy $11,250 for it. I'll spend $1,500 on a clutch and service and clean-up, if I am lucky it might bring $15k.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
JKM
Other
9
May 12, 2013 03:23 PM
Sur5er
3rd Gen High Performance and Accessories (5.9L Only)
4
Apr 19, 2011 06:29 PM
SRMX
3rd Gen High Performance and Accessories (5.9L Only)
10
Oct 22, 2008 11:36 AM
ctd4stan
Fuels / BioDiesel / Diesel Prices
3
May 22, 2008 12:46 AM




All times are GMT -5. The time now is 07:31 AM.