Used Truck Prices

[diyer2]

I look at trucks to keep up on prices like some of us do. I bought my 2012 SLT in 2015 with 22K miles for $28000. There is a 2020 SLT Crew Cab with 33K miles for $45K. A 20 SLT with 33K miles for $44.5K. I know its not apples to apples, the 20's are crew cabs

To me it's close enough. About $17 K difference. 

[KARNUT]

25 minutes ago, diyer2 said:

I look at trucks to keep up on prices like some of us do. I bought my 2012 SLT in 2015 with 22K miles for $28000. There is a 2020 SLT Crew Cab with 33K miles for $45K. A 20 SLT with 33K miles for $44.5K. I know its not apples to apples, the 20's are crew cabs

To me it's close enough. About $17 K difference. 

I look all the time. I use my truck as personal local ride. Basically 6 days a week to one of three walking tracks around me. At the most 20 miles a day. I’m always looking for neat older trucks. This morning I’m checking out an older 2014 Express Ram. It’ll take a special ride to unseat the Avalanche. If I ain’t looking I’m probably 6 feet under. 

[KARNUT]

On 9/27/2023 at 7:30 AM, KARNUT said:

I look all the time. I use my truck as personal local ride. Basically 6 days a week to one of three walking tracks around me. At the most 20 miles a day. I’m always looking for neat older trucks. This morning I’m checking out an older 2014 Express Ram. It’ll take a special ride to unseat the Avalanche. If I ain’t looking I’m probably 6 feet under. 

The conclusion. I went to the dealership, no truck. They said they would call when located. Later that day they called and said a porter had it out now it was on the rack being checked out. The next morning a salesman I brought a few vehicles from over the years called me. Lo and behold after being checked out the transmission is bad it’s being wholesaled out. I said no problem if I like it maybe we can make a deal. We can’t sell it he says. As usual if a salesman’s libs are moving he’s lying. I suspect someone wanted it that worked there. No problem he didn’t need to lie. 

[Grumpy Bear]

We had to have a look at bank prices while negotiating our new insurance policies to determine the need for comp and collision. I was ready to delete this on all vehicles based on age or mileage. However, after the survey we kept full cover on Pepper only. Seems the carrier we chose uses the price of the average of 10 'like vehicles' in your area to determine fair value and that number was greater than what I paid for her. Better yet, the cost of the Comp/Collison was under $200 a year.

 

Seems I could currently make money on this truck if I totaled it. 

Providing I lived.

 

 

 

Edited October 1, 2023 by Grumpy Bear

[KARNUT]

6 minutes ago, Grumpy Bear said:

We had to have a look at bank prices while negotiating our new insurance policies to determine the need for comp and collision. I was ready to delete this on all vehicles based on age or mileage. However, after the survey we kept full cover on Pepper only. Seems the carrier we chose uses the price of the average of 10 'like vehicles' in your area to determine fair value and that number was greater than what I paid for her. Better yet, the cost of the Comp/Collison was under $200 a year.

 

Seems I could currently make money on this truck if I totaled it. 

Providing I lived.

 

 

 

We did exactly the same. Even if the vehicle is worth more to us. You have to go by the insurance value. Pepper is definitely worth full coverage. 

[Donstar]

We  keep comprehensive and collision on our vehicles but gamble with the deductible.   Rates are much less if you're willing to pay a high deductible.  (Where I live)  That way if I crash and live, it will hurt my current cash flow but not end up with a monthly car payment!

[KARNUT]

15 minutes ago, Donstar said:

We  keep comprehensive and collision on our vehicles but gamble with the deductible.   Rates are much less if you're willing to pay a high deductible.  (Where I live)  That way if I crash and live, it will hurt my current cash flow but not end up with a monthly car payment!

Ever since we became able to save money we’ve had high deductible and the highest coverage aloud. It really isn’t much if an at fault accident caused high property damage or death. Even though my wife’s Genesis is pristine as well as my avalanche. Replacement value is low. So insurance is adjusted with that in mind. Being a vehicle enthusiast I have no problem currently owning several vehicles. Each with different applications. My wife doesn’t travel well in a vehicle in the sitting position long. So a cushion on the back seat on traveling trips is where she rides. Botch surgery long story. That eliminates body on frame vehicles. To tall, hard to get in. My preference vehicles. She refuses to change her vehicle it’s 12 years old. Claims it her last, so no trip duties for it. I like old trucks. That requires a third vehicle for trips. Now an Odyssey. The newest that carries full coverage insurance. I’m considering a unibody pickup. Eliminating my truck and the trip vehicle. The Honda truck would be perfect or possibly the Maverick. As much good luck I’ve had with Hyundai their mini truck looks weird. The Maverick is too new so the prices are inflated. I haven’t met a quite Honda, noisy little boogers. So it could come down to a economy car for a trip vehicle. Humm, Stan’s rambling again. I’ll leave it here.

[Grumpy Bear]

Ramble on 

 

2 hours ago, KARNUT said:

Humm, Stan’s rambling again. I’ll leave it here.

 

[Grumpy Bear]

Why so much for that truck?

 

https://www.epi.org/publication/ceo-pay-in-2020/

 

Edited October 3, 2023 by Grumpy Bear

[KARNUT]

What executives, CEOs and sports personalities bring to the table. I don’t have a problem with high salaries for the elite players in any industry. The whole strike thing has gotten out of hand. I come from the arena of paying top dollar basically to keep training costs low. I can’t get past the super high salaries for easily trained positions. 175K to drive a UPS truck while semi drivers get paid half? Talk about disparity. Teachers, firefighters, police get about half what an assembly line worker gets? I believe the upper echelons should get paid less with performance bonuses. That includes sports stars. The whole thing is out of whack. Fire them all. Then offer half. No wonder robots are taking over. Pay me for 5 days I’ll work four, really. Remember who really pays for that. Now who’s the dummy?

[diyer2]

It's out of hand for sure. Same as the lawsuits when cops kill someone, millions paid. The dollar amount should be limited to the gross income potential of the deceased. Could be hard to figure when the deceased is 8 years old. 

But paying millions to the family of the deceased is wrong.