talk about depreciation

reek · Dec 13, 2015

So I went to the dealer to look at some 2500s. found a Tradesman 2500 4x4 CC with 6.4 liter V8 that I liked. Drive it around, so much better than my 1500 6 speed. So I go to talk about price. My 2014 1500 Express with 14,500 miles is only worth $21000 for trade value....

looks like I'm riding this one out till my trans fails.

Rlaf75 · Dec 13, 2015

Try to sell it privately

xrsman · Dec 13, 2015

A lot of guys love the 6.4 hemi. My cousin just bought one. It's getting 10-11 mpg whereas his dad's 2012 cummins diesel gets 18. With the higher resale value I don't know why more people don't buy the diesel.

I know for sure I never would go gas in a 2500 (I wouldn't have before, but this just confirmed it for me).

Sent from my SM-G920W8 using Tapatalk

clh1220 · Dec 13, 2015

reek said:
So I went to the dealer to look at some 2500s. found a Tradesman 2500 4x4 CC with 6.4 liter V8 that I liked. Drive it around, so much better than my 1500 6 speed. So I go to talk about price. My 2014 1500 Express with 14,500 miles is only worth $21000 for trade value....

looks like I'm riding this one out till my trans fails.

I'm surprised by that. I see so many post where a guy trades a 6 month to one year old truck and gets what he paid for it or more. I kinda think that's just a internet thing though. . ROTFLMAO.

Pull Ya · Dec 13, 2015

Around here there is a lot of 15's left and they have about 10-12K off the sticker. There seems to be a pretty good selection.
Jay

Am3gross · Dec 13, 2015

i got 25250 for my trade in on a 16 2500.. just have to work the dealer more

black_pearl · Dec 13, 2015

reek said:
So I went to the dealer to look at some 2500s. found a Tradesman 2500 4x4 CC with 6.4 liter V8 that I liked. Drive it around, so much better than my 1500 6 speed. So I go to talk about price. My 2014 1500 Express with 14,500 miles is only worth $21000 for trade value....

looks like I'm riding this one out till my trans fails.

Ouch, 21k? Those are fighting words. They are just trying to steal that thing from you. I was looking to trade mine in recently with the same miles and was offered 27k. I think it just depends on the dealer really.

MADDOG · Dec 13, 2015

owwww! that's quite the hit.

drittal · Dec 13, 2015

How much is the buy back program hurting values?

raff18 · Dec 13, 2015

mine has 21k miles and was offered for trade 32k

clh1220 · Dec 13, 2015

raff18 said:
mine has 21k miles and was offered for trade 32k

Canada numbers are totally different ,than down south.

Joe w. · Dec 13, 2015

That's BS within a 3 state radius around here u cant buy one for less than 32k with that kind of miles. I would go somewhere else or go back and raise hell with the manager.

Galion · Dec 13, 2015

Well I bought my 2013 last year with 11k km's for 30k out the door, so really 28k for a truck that sticker'd for 49,000 new and the dealer wasn't loosing money selling it to me so the guy who traded it in got less than that for it. This is why buying new really makes no sense financially, the second it drives off the lot you might as well burn 10-15 grand.

gassersarentdead · Dec 13, 2015

Joe w. said:
That's BS within a 3 state radius around here u cant buy one for less than 32k with that kind of miles. I would go somewhere else or go back and raise hell with the manager.

An express? That should be brand new price.

Rzrman328 · Dec 13, 2015

drittal said:
How much is the buy back program hurting values?

I'm sure this definitely comes into play with pricing.

Same as this vw scandal.....their sales/pricing took a major hit.

Baddeye · Dec 13, 2015

I just bought my 2014 Hemi Express 2wd with only 17,000mi for $21,000.

:waytogo:

clh1220 · Dec 13, 2015

Galion said:
Well I bought my 2013 last year with 11k km's for 30k out the door, so really 28k for a truck that sticker'd for 49,000 new and the dealer wasn't loosing money selling it to me so the guy who traded it in got less than that for it. This is why buying new really makes no sense financially, the second it drives off the lot you might as well burn 10-15 grand.

The problem with what you're saying is, nobody pays sticker price. Sticker don't mean squat. I got 10k.off my big horn that stickerd at 44k. So brand new big horn qc Loaded 4wd with 10 miles on it. for 34 and change and 0.% for 72 months. So it in no way Made sense for me to buy a used one.

develand · Dec 13, 2015

My fiancees cousin just traded in a 14 2500 with 6.4 Liter, tradesman, not too many bells and whistles, just the back up camera. It had 27,000 miles and a dent in the rear bumper. He just bought it about 6 months ago. They gave him what he owed on it and he got in to a 15 2500 with some more options.

May just have been the black friday deals, but still not bad.

clh1220 · Dec 13, 2015

develand said:
My fiancees cousin just traded in a 14 2500 with 6.4 Liter, tradesman, not too many bells and whistles, just the back up camera. It had 27,000 miles and a dent in the rear bumper. He just bought it about 6 months ago. They gave him what he owed on it and he got in to a 15 2500 with some more options.

May just have been the black friday deals, but still not bad.

There is not enough info in your story to determine if the cousin got a good deal or not. He could of put good money down . They could of took nothing off the sticker price. The chances of him getting a good deal were slim to none.

Canadiancur_101 · Dec 13, 2015

I traded my 13 1500 bighorn with 65,000 kms for my 15 2500 slt in the summer and they gave $30k for it.

talk about depreciation

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