How Much Depreciation?

NathanL · October 11, 2007

How much depreciation do you figure on a new truck for driving it off the lot?

I have an '07 Extended Cab Z71 with 5.3V8, trailer package, LT1 + Convenience package of power seats, dual air conditioner controls, XM sat radio etc...sticker was 33k and some change.

It has 630 miles on it and I want to either sell it privately or trade it in.

So how much do you figure for a new vehicle just off the lot? Just looking for ballpark. It's going one way or the other will just depend on what I get in trade for it.

silveradoHO · October 11, 2007

Kelly Blue Book puts your trade in at about $27,000.

sshoureas · October 11, 2007

out of curiousity what makes you want to sell it already ?

tmoney · October 11, 2007

Went and looked up on kelley bule book and they dont have anything listed. So i went to autotrader.com and saw a comparable truck to yours listed at 26,999 with 711 miles on it. That was the price on it from a dealer. Hope that helps.

Heres the link to the truck not sure if its exactly what you have

http://www.autotrader.com/fyc/vdp.jsp?car_...amp;cardist=437

NathanL · October 11, 2007

Went and looked up on kelley bule book and they dont have anything listed. So i went to autotrader.com and saw a comparable truck to yours listed at 26,999 with 711 miles on it. That was the price on it from a dealer. Hope that helps.
Heres the link to the truck not sure if its exactly what you have

http://www.autotrader.com/fyc/vdp.jsp?car_...amp;cardist=437

Thanks I didn't think of auto trader. I looked at a few of the used car price sites and only one had it listed. I thought maybe there was a standard % depreciation or something.

NathanL · October 11, 2007

out of curiousity what makes you want to sell it already ?

Onstar. I literally spent the majority of my dad screwing with the Onstar people. I work in the woods everyday running a logging crew.

First I got high centered on a water bar and used a skidder to push the truck off. Onstar called and said I had a hard hit and wanted to know if I was OK. I told them never call again unless the air bag goes off.

Later I had the truck idling and bumped the front grille guard with the skidder turning it to put on the traier. I don't know how long they had been calling but when I got back in the truck they were calling. They said they would continue to call anytime the Gmeter went off and especially since I was shown off the highway/road. I got aggravated the 2nd time because they disable the radio while they try and go thru all this stuff and you can't even hang up on them after you tell them it's OK.

I don't have time to screw with all that every day. I asked about the possibility of having the dealer totally disable Onstar and they/he said it was not possible (or they just wouldn't do it) because it was a safety feature akin to them removing the seat beat lol.

I looked around on the web and sure enough if you remove the connections the truck won't start. I didn't have the option of a new truck without Onstar as they all have it now.

So taking the day off to go by dealer in the morning and if I get the same he can't remove it we have a Ford dealer right across the street where it will be traded in.

SinisterSS · October 11, 2007

Unplug the On$tar antenna.

topdj · October 11, 2007

OH no I wonder if this is going to be an issue when I plow

I don't need cops showing up to see if Im alright Just because I wacked a curb or rock.

well once it hits a year the onstar will expire and they won't call you anymore.

anyone know where this G sensor is?

RCman · October 11, 2007

we have a Ford dealer right across the street where it will be traded in.

You'll have a lot bigger issues than OnStar to worry about if you do that...

well once it hits a year the onstar will expire and they won't call you anymore.

True, but I'm with NathanL on this one. I REALLY WISH that you could order a truck without OnStar. That's one of the things I was presistant about when I was shopping for my '03, I didn't want it. I sure there is a way around OnStar disabling the truck if its not plugged in, but then you still have to look at the nasty antenna.

iminaquagmire · October 11, 2007

Unplug the antenna. It won't shut the truck down. If they want to tell you its unsafe, they can do it by mail. Don't trade in the truck because of it.

NathanL · October 11, 2007

Well the 2 sites that had a trade in value was right at what I paid for it - $24,700 on a 33,400 sticker. Resell to another invidividual gave a little higher price.

I know it sucks but I'd rather loose a few thousand and get it done with now than put up with that everyday. Today was the first day I drove it to work because I had to wait to get a grille guard for it. I spent nearly 1/4 of my working day talking to onstar. I also assume at some point if you set it off and you don't answer quick enough they alert the authorites.....not sure how that would go over around here considering we have 2 law enforcement officers for the entire county - to come out and find out I dinked my truck with a skidder.

I talked to like 9 people at Onstar today and got every non answer in the world. I wanted to opt out of the 1year contract - couldn't do that. I even called back after the second time and told them I sold the vehicle but they said it wouldn't let them enter that in the computer on that new of an account.....

NathanL · October 11, 2007

Unplug the antenna. It won't shut the truck down. If they want to tell you its unsafe, they can do it by mail. Don't trade in the truck because of it.

How do you reach it? I looked behind the glove box but what I have there is the XM decoder. I can see toward the radio and there appears to be another silver box. I pulled the dash along with the radio/a/c controls and you can't get behind the brace to reach that.

unit731 · October 11, 2007

Privacy issues. OnStar.

Yes, they know where you are at all times.

But let's be realistic. If you have a cell phone, they know where you are at all times too. All cell phones have a locater chip. They are watching you and they do know where you are.

Yes, you can turn the cell phone off or just toss in the river.

Even the Post Office has a master list of all names that receive mail at every address. And today, even if you build a cabin 20 miles in the woods, that cabin must have a street number.

There are no secrets anymore.

NathanL · October 11, 2007

Ummm ok. I'd really just settle for them not calling me all day while working.

wink05 · October 11, 2007

If you have a CarMax dealership in your area, you might try getting a quote from them and/or selling it outright to them.

I sold my last two trucks to them, and even considering the tax trade in advantage, still came out much better than trading them in. This all came to my attention when I was looking to buy a Tahoe in 2003, by the salesman..........told me they were ripping me off on the trade in, and to go to CarMax, get my money in hand, and then go from there.........has worked for me.

Good luck.