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What has the best resale value?
Have been looking steady for 2 months for a replacement for my 2007 GMC. The used car market is nuts, so it now pushing me to the new car market. Looking at these models
Ford F150 XLT with the 5.0 Chevrolet/GMC LT Nissan Titan All are 2 wheel drive. So of the the three. what has the best reliability and resale? *Toyota too much and the Dodge=no resale |
The best.......
is the Ford F150. They last longer, work harder and keep a higher resale value. The F150 has been the best light pickup on the market for the last 30 years or so.
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All of those regular 1/2 ton models hold their value about the same, they may be a little bit higher or lower depending on what's going on in the market -- new model just out, rebates/incentives on new ones, big supply of off-lease flooding the market, etc, etc. But over time they're very close.
Soooooo..... Buy what you like Buy what/where you get the best deal Reliability is also likely a wash. GM has the 5 year / 100K mile powertrain warranty, where Ford and Nissan have 60K, if that matters. The Ford's powertrain is the "newest" in terms of having the bugs sorted out, but the 5.0L has much better performance than the GM 5.3L or Nissan 5.6L. If you can wait until mid-summer, I'd bet the deals will be significantly better for two reasons. First, gas prices. Nuff said. Second, the model-year changeover from 2012s to 2013s, which is meant to thin inventories of 2012s enough for dealers to place large orders for 2013s. Which might be hard if gas is high and they have dozens on the lots. So I'd bet on some pretty big rebates and "deals" in July. |
We have had a Nissan Xtrail since new in 2005. This Xtrail is like a small Nissan Pathfinder. It developed rust in a rear wheel well within 2-3 years of purchase. Nissan dealer would not honor warranty for the premature rust. So that is the last Nissan I am ever purchasing. Otherwise it is very reliable but cold in winter. If I was to buy a truck of that size, it would likely be a Ford. :)
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Haven't pulled the plug yet but after looking at all 3 the Nissan dealer has made the best deal. 2012 SV Heavy Chrome package, list for 37 came to 27300, with a life time warranty honored at any Nissan dealership. Its nice and tight. Ford came to 26800 with a list of 38000, but warranty is only to 60k miles. But I do love the 5.0 in that Ford. Other than that the Nissan seems better built. Now we'll see what they do on the trade in.
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There is a reason the resale value of the Toyoda is higher.....been down that road.
A couple years back I bought a used Tacoma, 2006, EX cab, 2WD, V6, with most of bells & whistles @ 23000 miles for 18k. It's still worth nearly that at 45000. |
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eco-boost v6 is my pick for resale
MPG will drive value I donot think gas is going to get alot cheaper up and down sure up bet on up so forget V8s for resale |
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Don't trade the '07 in. That's lazy.
If you're gonna take what they will give you, maybe I should fly down and drive that home. ;):D |
I have had my GMC on Ebay and Craiglist for 2 months now. Its priced at $10,300. I have not had one phone call. Thats why I'm looking to trade. The truck market down here is crazy but I haven;t had one call. They offered $8000 tonight for it and I walked. Its a crew cab with 4.8, exceptionally clean, even the other sales people were commenting on how clean it is. 141K miles But in dealing with the Nissan dealer...what a joke. The search continues....http://forums.pelicanparts.com/uploa...1333075567.jpg
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I just went & checked CL and at 18k I'm still good with private parties.....way good with dealers.....but I'm keeping it till the wheels fall off. |
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I once looked at a 2 year old 2007 taco truck. The clutch pedal was made entirely from plastic and the bushing was already shot at 25k miles with the pedal wiggling. Not sure if it is normal to have over-pressure in the crankcase on the 4 banger, but it did and the door rattled profusely on the driver's side (in the hinge, not just the plastic). I don't say that Toyota isn't better than other companies but they sure aren't bulletproof from my experience. Honestly, I have been a bit disappointed ... G |
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We paid 8k for an 05 with a few more miles in december, but it was a CNG powered truck, which is rare and going up in value.... So 8K for a run of the mill truck with quite a few miles isn't bad... |
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That's not a REASON that they are more expensive. Chicken and egg. I asked for the reason Resale value is a function of supply and demand, no? Demand for Justin Bieber CDs is huge. People have bought over 40 MILLION Nickelback albums. Does that mean they're great? Paying more for something in the hopes that it will be worth more can be a zero sum game. Just because a whole bunch of sheeple "believe" doesn't mean they're actually better. |
You can't go wrong with any of the choices above. My wife has a 2004 Nissan Armada (Titan SUV), at 107k it's still a great running and driving SUV. I had a 2012 F150 with the 5.0 as a rental earlier this year and loved it. The crew cab is huge inside, the 5.0 is fantastic, and it was pleasant to drive. When we replace the Armada it will be with a crew cab 4x4 F150.
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A 2007 GMC Sierra 1500 Classic Crew SL 2wd 4.8 with 141K miles has a Kelley Blue Book Private Party "Good" value of $8500, and a trade-in value of $6200. The only way it's a 4.8L is with the SL package, not SLE, or SLT....those came standard with the 5.3L. Make sure you booked it as a CLASSIC..... 2007 was the "new" (current) bodystyle but they made a few 2007 "old" (hence, Classic) bodystyles early in the model year. That's what yours is, a Classic. The only reason you don't get calls selling it yourself is price, price, price. If YOU tried to sell it for $10K and couldn't the dealer won't get much more, if even that. If you thought it were going to sell for $10K, what would you expect them to pay for it? They have to make money, and they take all the risks, and take responsibility for anything that needs to be corrected. Working backward from retail, $8K makes sense for a trade offer. $8K trade is more than fair for a 141K mile old-body, small-motor 2wd. Seriously. I'd take it, if you otherwise liked the deal there. |
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Funny how consumerism works, eh?
I "think" an item is worth more thus I will pay more. Almost like it sets a market value.......go figure. An "expert" is needed to disabuse one of such nonsense......and all the rest of the true believers or it has no effect on the going price. |
Thats not a "Classic" body style I don't think. Didn't the classic body style have more angular headlights? My neighbor has one....
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1999.5 through 2007 "classic":
http://forums.pelicanparts.com/uploa...1333075567.jpg 2007.5 through current, below: http://forums.pelicanparts.com/uploa...1333125145.jpg |
I thoght GM did some goofy weird one year deal with the headlighs here they were angular, but that looks like it was only on the Silverado and for more than one year.
My bad. Bill |
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For some vehicles I think you can easily make a case that the Toyota is worth more. A 2000 4Runner vs a similar year Chevy Blazer? Please, there's no comparison. But the fact is that domestic trucks are all now very good, and Toyota has slipped a bit in the quality department. I still think that they build good vehicles, but I don't think they're worth the premium. I can buy a brand new F150 Supercrew 4x4 with good options for the price of a higher mileage crew cab 4x4 2007+ Tundra. That doesn't add up.
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You always have to ask it as, "for the money, would I buy x or y?" |
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When it comes to a Tacoma, no one makes a better small truck. The Ranger, Dakota, and S-10 (later Colorado) were not even in the same league.
However, I'd take a 2000 Silverado over a 2000 Tundra any day. I know you owned previous-salvage Silverado of that vintage, so ymmv. |
My Silverado's issues didn't stem from the salvage title, it was a prior rear-end collision that had the frame straightened and the bed replaced. Frankly I liked the truck as it was decent to drive, reliable, got 20 MPG on the highway, and the 5.3 had decent punch. My biggest issue was build quality, or lack thereof. Like many pre-bailout GM products it had cheap materials and poor fit and finish. There were unfinished edges, seam mismatches, lots of hard shiny plastic, uncomfortable seats with flaccid foam, cheap looking and feeling fabric, and the famous GM mouse-fur carpet. Typical GM cost-cutting, but you won't find that in a similar era Tundra.
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I just found a 2005 Tundra with 38,000 miles They listed it for 18 but have called back and come to 15,8. Very clean, new Michellin tires, but smells like a nursing home.
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I KBB values are $8500/$6200, I doubt that any dealer offers you $8k. If they do, you are very lucky. They usually offer you $6k or lower if your car is in very nice condition. Unless, they will pick your pocket from another area and you might not be able to know.
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Nissan dealer offered 8k and the GMC dealer against a 2010 Ford offered 8500. The used truck market in Louisiana is crazy right now.
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Yep its crazy but this Tundra is very clean with only 38,000 miles where mine has 141000 and the transmission is on the way out. I guess I'm looking at what I can get for the money spent. The most truck for the least amount of money. Everything else in that price range in a newer truck has closer to 100,000 miles and not near the shape this is in. So far what I have found today has been a 2008 Ford F150 4wd with 68,000 for 23900. A 2008 Chevy 1500 4wd for the same price with 71000 miles. Anything newer with less miles is as much or more than a new truck. I don't want to spend that much.
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Sounds like they are generous on your trade in car. How about in their car? Did you talk about it? Are they going to give your the window price, invoice price, or they are another $3k or $4k to it? Have you try looking in their lot to see how much they are selling similar car to yours?
Edited: just saw your above reply with prices. Wow, twice as much as kbb. How about private sell? Similar price? |
Nissan dealer and GM dealer only had 4 wd trucks. the 2 wd trucks they have are one to 2 years old. the Nissan dealer sticker was 38 and they came to 27300. But...they were trying to jack me around on the financing. So I walked. If you have a 2wd crew cab truck, with under 100k miles its a sellers market here.
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I went throught this last summer after I blew the he'd gasket in my duramax. I ended up in a Tundra. The Crewmax SR5 TRD was $3000 CHEAPER than an F150 with less options. This took into consideration Ford's Family pricing at the time and the preferred pricing we get through my employer. I had my heart set on the F150 but bought he Toyota and have been very happy with it. I have put on over 41,000 kms since August. Towed the race car to Laguna Seca and back and numerous trips to other closer tracks.
Talk to Toyota, they moved quite a bit off of sticker for a cash deal for me. |
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