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2004-07 Vs. New Sierra 1500

beeser

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beeser Enthusiast

beeser

Posted
Posted

I mentioned in another thread that I would like to get a larger truck to tow our 4000 lb. travel trailer. We have a Toyota Tacoma (V6) now but it doesn't have the guts for the hills we've traveled. It seems the Sierra 1500 with a 5.3 V8 is a good fit but I'm having a hard time deciding on whether to go new or used. I really like the classic style of the 2004-07 but with my desire for only a white exterior/extended cab the pickin's are slim around here. Besides, asking prices for the ones I'm able to find are not much less than new after factoring in factory incentives. For example, I looked at a 2005 Sierra 1500 that was in very good shape but they wanted almost $17k for it. Following are some of the details.

 

SLE, extended cab

5.3 V8

34,000 miles

 

The same truck new (2008) is currently priced at about $21k after factory incentives are applied. Does it make sense to even consider a used truck? Stock of new 2008s is now somewhat limited. So, would it be wise to wait until prices drop on the 2009s? A 6-speed transmission would be nice. Also, what about the quality of the classic vs. new?

J-man67 Senior Enthusiast

J-man67

Posted
Posted

With the current prices on NEW, I would just go new if you can do it comfortably...

Zembonez Senior Enthusiast

Zembonez

Posted
Posted
With the current prices on NEW, I would just go new if you can do it comfortably...

I agree 100%

 

By the way Justin, your truck looks badass.

JoshRDavis.84 Senior Enthusiast

JoshRDavis.84

Posted
Posted
With the current prices on NEW, I would just go new if you can do it comfortably...

I agree 100%

 

By the way Justin, your truck looks badass.

 

 

 

+2

 

Plus any dealer would be happy to sell a truck, even happier to sell a leftover 08.

66nova Senior Enthusiast

66nova

Posted
Posted

Since we have been chatting today, I will chime back in on this one. :smash:

 

I think between my dad and I, we have owned every GM truck body style since the early 80's and my 2007 tops them all (IMO). I love my 95, I still enjoy driving it. I loved my dads 03 and 05, but the ride, power, handling, and options on my 2007 are awesome.

 

I think 17000 for an 05 is too much right now with current 08 prices. If you drive a GMT900 truck you will be hooked. My wife didn't want me to get a truck because she is very sensitive to ride quality (she grew up driving BMW and Lexus), but she loves my truck and we take it more than any of our other vehicles.

 

Plus you get more power with better gas mileage in the GMT900 trucks vs the GMT800. I took my Crew Cab 6.0 to OK this weekend and averaged 21mpg on the way down and 19 on the way back (the mileage does drastically drop when you drive over 72mph). Hauling my Nova to KS a couple months ago I got 12.8mpg.

 

2008 vs 2009 that all depends on the deal you can work. I would love to have the 6 speed tranny, but from what I have read, its not worth the price difference. But if you could get a good deal, go for it.

 

Ok, I'm done

beeser Enthusiast

beeser

Posted
  • Author
Posted
With the current prices on NEW, I would just go new if you can do it comfortably...

I agree 100%

 

By the way Justin, your truck looks badass.

 

 

 

+2

 

Plus any dealer would be happy to sell a truck, even happier to sell a leftover 08.

 

OK, I was just doing some internet shopping and found a few '08s that might fit the bill. Can I expect deeper cuts than the Red Tag price minus the factory rebate? I was looking at a couple that were about $30k MSRP knocked down to about $20k.

Outbacker Enthusiast

Outbacker

Posted
Posted

Yup, I agree. If you can get an 08, go for it, and don't stop dickering till you are at the price you want. It is amazing the price of a 08 truck right now. A guy from work was looking at a 08 2500 6.0 gas engine, and it was lower then the price of my 08 1500 that I bought 4 months ago. And this was the discounted price before haggling. I tow a 5000 pound trailer with my 1500 5.3L, and it is great. You will not regret leaving the Tacoma behind, and you get to hang out with us :smash: .

 

Cheers.

beeser Enthusiast

beeser

Posted
  • Author
Posted
Yup, I agree. If you can get an 08, go for it, and don't stop dickering till you are at the price you want. It is amazing the price of a 08 truck right now. A guy from work was looking at a 08 2500 6.0 gas engine, and it was lower then the price of my 08 1500 that I bought 4 months ago. And this was the discounted price before haggling. I tow a 5000 pound trailer with my 1500 5.3L, and it is great. You will not regret leaving the Tacoma behind, and you get to hang out with us :smash: .

 

Cheers.

Are you saying that Red Tag + factory rebates are NOT the lowest the dealer will go? Sorry but I just don't have a feel for this market. The last time I bought a car/truck it was generally what you saw on the window sticker minus a few percentage points at best.

thewaterboy Enthusiast

thewaterboy

Posted
Posted
Yup, I agree. If you can get an 08, go for it, and don't stop dickering till you are at the price you want. It is amazing the price of a 08 truck right now. A guy from work was looking at a 08 2500 6.0 gas engine, and it was lower then the price of my 08 1500 that I bought 4 months ago. And this was the discounted price before haggling. I tow a 5000 pound trailer with my 1500 5.3L, and it is great. You will not regret leaving the Tacoma behind, and you get to hang out with us :smash: .

 

Cheers.

Are you saying that Red Tag + factory rebates are NOT the lowest the dealer will go? Sorry but I just don't have a feel for this market. The last time I bought a car/truck it was generally what you saw on the window sticker minus a few percentage points at best.

 

 

You have picked the ideal time to buy a new truck because you the buyer have the most leverage against the dealer. Dealers are willing to move product right now..take advantage of it....plus as the end of the year is on the horizon inventory must go! Used markets are flooded with quality used trucks from people who freaked at the price of gas, but most of those didnt need a truck to start with,I didnt buy a truck for gas mileage so for me I dont care. I wanted a truck to actually use it as such. If they wanted mileage why didnt they buy a (not so) smart car and not a truck duh! You can easily buy a new truck for not much more than a nice used but why chance used... So enjoy the new truck and post some pics when you get it... ya know your going to get it...lol

 

 

http://www.gm.com/vehicles/currentoffers/

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