Apparently diesel trucks are made of gold?
At least that's the only reason I can think of, as to why the prices are so high right now. I bought a new dodge diesel in 2006 fully loaded 4x4, for 29.5k and am starting research to buy another new diesel. In my research I'm finding the used market prices to be insane.

People are trying to sell the same trucks now for nearly the same price and with 70-100k miles or more.

Everyone with a diesel sell while you can, the maket is insane and anyone that would buy one used in this market is a fool. Yes enigines run 200k+ but, everything else falls down around it.

Attention:
If your truck has over 70k miles it's not worth 20k.
There is a large difference right now between the trade in and private pary figures on kbb. The trade in is the actual value of the rig.

ex1:kbb trade in 2005 f250--12700
kbb private -- 18500

I do not understand the market right now:shaking:
anyone got some insight?

Them motors dont break in intell a good 40,000 to 60,000 miles are on them. Then they come alive and get better mileage and power. And them motors should do 300,000 to 500,000. And anything that runs that long. Well fall apart. Thats alot of miles compared to today standers.

Hell my 01 2500 2wd CTD QC with 187,000miles i cant even get 8000 for it. Anything 3 to 4 year old with low miles under 75,000 is still new when it comes to a diesels.

And yes.
Trade-in price is what a dealer well give you. Then they well sale it to the next guy for out right price. There going to make some money on it. Or try there best.
Most selling out right are saleing for what they owe on it on something newer.

The other thing is that with the DPF and all the other smog stuff going into the new ones, people are willing to buy an older one with less maintenance and better mileage.

if you want a motor to do 300k + miles you need either a cummins or an older 7.3 power stroke. been told by several friends and dealers that the newer diesels aren't designed to last as long as the older ones. That and from what I hear the mileage of a new 6.4 is about 13 mpg just makes me happy to keep my old 2000 7.3 with 205K on the odo. Oh and it gets 17.5 MPG all day.

As far as buying one, the best time was when diesel was $1.00 higher then gas. Diesel is about a $7,000 option on a new truck.

I do not understand the market right now:shaking:
anyone got some insight?

People financed the crap outta stuff, and need to recoup mony. They can no longer afford the payments, and the truck has to go, and that is what they have left owing. Because they were stupid and paid too much to start with.

I imagine that the value of used rigs has to do with the fact that the new one's emissions requirements have cut fuel mileage in half. I know that I'm not going to get one newer than '07 when the time comes.

if you want a motor to do 300k + miles you need either a cummins or an older 7.3 power stroke. been told by several friends and dealers that the newer diesels aren't designed to last as long as the older ones. That and from what I hear the mileage of a new 6.4 is about 13 mpg just makes me happy to keep my old 2000 7.3 with 205K on the odo. Oh and it gets 17.5 MPG all day.

As far as buying one, the best time was when diesel was $1.00 higher then gas. Diesel is about a $7,000 option on a new truck.



That is nessed up how the new trucks get 5-10mpgs less then the older ones! Makes all the emisions really worth it:shaking:


My 97 PSD has 317,xxx miles, gets 16 mpg pretty much all the time unless I am really babying it, it'll get almost 20 if you REALLY mind your manors. The Cummins and the PSD will go over 500,000 before major work is needed, IF it was serviced like it should have been. The Cummins has a few more usable miles then a PSD.

Iunderstanf being upside down on payments....But, that doesn;t dictate the market. And it's nothing new.

Prices on Diesels are higher than I've ever seen them. I watch cars religously and it's insane right now. I suppose a better judge of worth is the nada bank loan value on the vehicles. Regardless though I'm going to try and sell mine for blue book Private Party. The Trade in is 7.5k less.

And while I agree that the older rigs are superior engine and emissions wise I don't think that most consumers are as in tune to the requirements the new trucks must meet. I had a Super Duty from 99 that I chpped and used to get 28mpg in optimum conditions. The older Diesels are the jam.

It's pretty bad when I can sell a truck with 165k and buy a Vette with 65k for the same amount of money.

I think that the cash for clunkers has hurt the actual value of th eused market somehow.:confused:

I think that the cash for clunkers has hurt the actual value of th eused market somehow.:confused:

That's another factor. Supply and demand. It took thousands of used vehicles out of the market so the remaining ones are harder to come by.

I imagine that the value of used rigs has to do with the fact that the new one's emissions requirements have cut fuel mileage in half. I know that I'm not going to get one newer than '07 when the time comes.
I just bought an 05 cummins 6sp with 40k from the original owner and paid top dollar for it, but I have a truck that will pull what ever I put behind it and will run till the wheels fall off, while getting 20mpg. I priced the new ones and spoke to some guys with the PSD 6.4's and Cummins 6.7's, none of them were happy with the new emmissions crap and lack of mpg. I can blow all the black smoke I want to and get great mileage. It is worth it to me to pay a few extra bucks.

Its all Hype.
Deisels are a more expensive option and the motors last longer and get better mileage. so they say

Though i think the newer deisels arent all that reliable and are riding on the coat tails of the older less complicated and much more reliable 5.9s and 7.3s

And though deisels get better mileage you ll never convince me theyre cheaper to run than a good gas motor. cost of parts and repairs is far more expensive.

the only high mileage diesels ive been happy with are a cummins or an old landcruiser. any other deisel ive driven has been just as worn out and underpowered as the equivalent gas engine would have been.

just my 2c