Posted by mkirsch on October 21, 2014 at 12:53:09 from (72.45.143.81):
Is it me or is everyone NUTS on used truck prices?
My 2003 Chevy 1500 2WD has 215,000 on it, the rocker panels are gone, it's showing rust in several other locations, the transmission doesn't feel right... An optimistic trade-in value on the truck is around $1300, retail's about $2600.
New trucks start out at $30,000 and go up from there. The thought of a $500+ a month payment on a vehicle makes me ill.
Used... They're just plain NUTS. I came across an ad today for another 2003, with 166,000 miles, rusty like mine... $6495?!?!
You get up into 2008's and everyone wants $18,000 and up for them, with over 100K miles... For a 7 year old truck???
There are quite a few drove-to-hell 2014's back on the lots too... 15K-25K miles, and they still want over $30,000 for them?
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