Opinions on what my truck is worth?

[Hootbro]

i hate to say it, but if you can get the 28-30k your probably right in the ball park.

it also depends on where you live and what the dealers around are like. i just traded my v6, '13, crew cab outdoorsman and the dealer gave me 26.5k trade in (paid it off for me but it shows you). dealers near me are volume dealers where they dont care if they make $20 off the sale itself they would rather just get the kickbacks from chrysler. these dealers will discount 10-12k year round. or if you are like me i got 14.5k off.

what you have to keep in mind is your truck is 2 model years old. so for someone that can go and get a new one for 30-34k you have to show some incentive to buy yours with 6k miles and 2 years old.

+1

Another thing is every month that passes, the trade in value goes down just that much more and unless the OP is making substantial payments on principal to gain positive equity, it is a negative sum gain situation.

Depreciation dives pretty hard the first 2-3 years of ownership before leveling out somewhat. Trading in that window is hard for positive equity unless you had it from the get go with a heavy down payment.

 

[BlownGP]

There's some jack ass on craigslist here trying to sell his 2012 Ram Laramie Longhorn for 40K. Has 47,000 miles on it.

The insane thing is, KBB value is 35K in perfect condition.

Who the hell is going to pay 40K for a 3-4 year old truck. When you can get a new for less.

 

[Thatdude596]

I always laugh cause there's idiots born daily

 

[GP4L]

I'd say ~30k for your truck. I usually value my car between KBB, NADA, Edmunds, and get an average. Use that number to start when I want to sell.

I'll be that guy, and say: Hold Your Ground. For example... In northern IL, the difference between sales tax with a private sale and a dealer purchase for a $35,000 vehicle is $1500 for private, and whatever % the rate is, that the dealer is located - Chicago, 8.75% = $3063.50. Do some research on what the auto sales tax rates are in your area, and use that to your advantage.

A lot of dealers are advertising their prices AFTER all the potential rebates are factored in. Some are even adding rebates that can't be applied together, to advertise the vehicle at an even lower price. It's all designed to get people in the door so the sales people can do their job. Plus, most people wont actually qualify for all the rebates, turning the big number discount into a much lower number.

Example : New 2015 Ram 1500 For Sale | Grapevine TX

MSRP on that ^^ is $53,640. Posted online for $43,310. It's been posted for almost 3 months (it was one of my choices, until I found out what I'd REALLY pay for it). Bait.

Those people (the ones who didn't qualify for any big discounts) that are calling on your truck, and saying "well, I can get xyz for the same price you're asking...." are just baiting you to come WAY down from a fair price because for whatever reason they didnt qualify for enough rebates to afford the new one at the dealer. Otherwise, why would they be wasting their time calling on your - when they already have a better deal available to them? Idk about most, but calling out total strangers regarding prices I don't think are fair, is pretty low on my to-do list.

 

[Garce421]

That's what I'm thinking. My price in no way seems out of line for the area and the actual vehicle. The gentleman I talked to had a deal on a new one that most won't get because he is buying two trucks. I'm sure a dealer will give big discounts when you spend over $80,000 on two vehicles in one shot. I haven't had it up for much more than a week so I'm still hopeful.