Used Truck Prices Dropping Finally! Best Used Trucks to Buy
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- Опубліковано 18 жов 2024
- Used truck prices are finally dropping according to a recent study. Here's the top trucks to look for on the used truck market and which ones are seeing big drops in price.
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I bought a 2017 Ram 1500 Tradesman 5.7 Hemi Crewcab 4x4 with 35k miles for $22k in 2019. It’s been a great truck. I don’t think there is a better deal for the capability you are getting. It’s been 100% reliable for me as well.
But buy it used! Let the depreciation work for you! 2-3 years old is perfect.
You are correct sir that's the way I always buy my vehicles. Let someone else take that hit on depreciation !
2019 was a different time. I bought a 1500 single cab Ram 5.7L 2016 in 2016 with only 16k miles on it for 20k from a dealer. I sold it in 2021 for 19k cash with 80k miles on it. I basically drove a truck for free for 5 years. Truck prices are coming down but we are no way close to pre pandemic.
I really don't want a ram but after diligent research it seems like the best bang for buck right now, also I guess the one thing I do love about it is the no middle console in the tradesman.
@@3in24 my work gave me newer trucks for 3 years rotating for a new one evey 9 months (I was lucky). Drove ram, Chevy, GMC and Ford. I gatta say Ram ain’t bad minus the infotainment system. But I will say I now know why Ford is popular. That ecoboost engine is really superior. Super low rpm high torque, great finishes, etc..
Do yourself a favor. Go buy a high volume oil pump to prevent your engine from getting Hemi tick. It’s a $300 part that’ll prevent over $5000 in damage.
Tim, I really appreciate you taking the time to make this video. I’m a used vehicle buyer and this type information goes a long way in helping me and others make better informed decisions. Thanks
My brother recently financed a 2022 RAM 1500 Bighorn crew cab with the V6 and 14k miles for 34k. Not bad at all in this economy. Sure 3 years ago a similar truck 🛻 would have been 30-32k. He really likes it and that V6 and 8 speed is smooth and still gets up and goes. He was looking at the Warlock 🧙♂️ and we even found some low mileage Laramie quad cabs for 33k-35k.
I sadly wasn’t able to shop around at all and was basically “stuck” getting a 2020 Hyundai Tucson SE with 25k miles for $27,000 after tax and title back in July. Then a couple months ago I saw a green 2022 Nissan Frontier SV crew cab with 18k miles for $27,000 before tax and title about 120 miles away. I wish that I could have driven more than a couple miles away but my Cruze took a dump on me and we were afraid to drive too far. I would prefer the PRO 4x for my hunting and fishing lifestyle but they are 33k-36k.
I drove (4) hrs yesterday to look at two trucks, both priced 64K a 22 chevy high country 2500 15K miles and a 22 Longhorn 2500 25K miles at two different dealers. Both where scratched up with chips n dings and rims damaged. I didn't even open the doors. I received photos before I left but defects didn't show up. Folks usually take care of high end trucks. Not anymore. salespeople sell (units) so don't care about defects
All facts!
About three years ago I drove 4 hours to look at a truck that was listed online. The picture was of an extended cab, long box but when I got there it was a crew cab short box. The salesperson at the dealership said they just pulled a picture off the internet. They could have taken a picture of the truck with a cellphone and posted an accurate photo. I looked at it for a few minutes then drove home. I guess they think if they can get you into the dealership then they can sell you something else.
pictures can make a 30 footer (if you know what that means in the car show world) look like a pristine show vehicle.
@Boobtube. I have no idea what that means. But I learned to ask the question, "Are the pictures online pictures of the vehicle for sale?" I learned that you can't make any assumptions when buying a vehicle new or used. Even if you feel stupid doing it, you must ask, "Does this new truck come standard with cruise control?"
@@aerynlovell4754 30 footer means it looks good from 30 foot away, but as you get closer, you start to see all the flaws.
Im glad the classic continues. My 2017 will have years and years and years of cheap, widely-available newer used parts. I keep my vehicles forever.
Gm called it classic in 2007 and Limited in 2022 and I bought both lol 07 got ride of it with 265,000 on it hopefully I have good luck with this 22
Take a look at enterprise car sales used trucks. The only issue is getting 4wd from enterprise is a little hard. There's still a stigma for retired rental cars.
As there should be.
That data makes sense. As the newer models with higher base prices, GM twins & Nissan Frontiers, hit the used market, it will drive up numbers from the previous years when the lower base price models were selling used. I'm still surprised the Taco wasn't higher, but this is showing a change in used pricing not a depreciation.
my 23 silverado 2500 HD value just shot up almost 5% from 3 different sources this last week
Glad the see you focus on used trucks or something we can actually afford. There is lots of used truck info I would be interested in.
These dealerships need to feel the pain the American people have been feelings. They have put profits over customer service for a while now.
You have to buy a Ram classic if you want a real truck (regular cab longbed) Ram only makes the new 1500 in daddy cab version.
Except the towing capacity is really bad on those 😬😬😬
Sorry you’re not a father 🤷♂️
I’ll keep my loaded daddy cab.
This is such an informative video, I've recently been in the market for a used truck so this is helpful. P.S. Are you going to be at the NYIAS this year? (Because I finally got my press pass and I will!)
These Ram’s classics with the Hemi are the Toyota of the domestic truck market, they last a long time with just maintaining them. Very few problems.
@Pickup Truck Plus SUV Talk: My mechanic considers a turbo a wear item now. Owners need to read their manuals. You need to use Tier 1 gasoline, change oil more frequently, and let the turbo cool down for a minute or two before shutting the vehicle down. This will help extend the life of the turbo.
I'd find a new mechanic. LOL. I mean the owner's manual says to change oil at a longer interval thanks to new oil viscosity. Also, per the engineer, the turbo cools down by itself even if you turn off the truck.
If I gotta go through all that anyway lol
Most vehicles, even with turbo, are rated for 87 octane fuel and a longer oil oil change timeframe.
There are decent buys on used Nissan Titans, Rams, and Tundra’s.
Used trucks have a higher monthly price. Because intrest rates are much higher on used and amount of years to finance is much less.
And I dont see why the interest rate is so much higher with a used vehicle, it is just borrowing money for a vehicle, no different from buying new. I got my 2 yr old used truck in January 2021, just before the huge increase in interest rates. I got a 4 yr loan for 1.92%. So I would be foolish to get a newer truck as of now because the interest rate would be 8% plus, a lot of lost money
Waiting to see what prices for 2023 trailboss with 3.0 duraMax will be in a couple years.
I know a guy in Nebraska that's always selling nice slightly used vehicles. That's my goto if I wanted a vehicle. He never has midsize though.
Tim Thank you. Excellent video 🙏
So Tim. I have reviewed some reliability reports and I can see that i don't see turbos as less reliable for the life of the vehicle aka 150k miles. But i have also looked at average life reports. There were over 6 models of cars averaging well over 200k miles. I can't remember them all but i think the ram 1500 and f150 were about 180k and the silverado 1500 like 190k. But they dont nake distinction in powertrains for those vehicle. It would be interesting to measure the 5.3 up against the 2.7. Or the 5.0 against the 3.5. I dont wanna talk about ram lol. I already know the hemi was dragging the pentastar down. Thats why im not disappointed to see the new hurricane. Cant be too much worse than the hemi 😂😂😂😂
2013 Ford F150 w/ Coyote engine. No turbo!
Have a malibu with a turbo with 140000 miles on it has been replaced twice.. they are just built to wear out unfortunately
Not all but some do
Southern California ford dealership canceled my 2023 Ranger build after waiting 18 months. They told me the 2024 model delivery is guaranteed either . Ford is basket case from the factory to showroom floor.
Turbos suck... We have owned 3 Nissan Frontiers that have gotten over 300K miles.. The current one is a 2015 with 360,000 on it and no signs of stopping yet.
way over priced...give it time for the train wreck
Chevy Silverado holds value better than Tundra and Tacoma 🤣🤣🤣 Also Colorado 🤣🤣🤣
Got available trucks for hire
Dude needs to speak clearly....... that would be good for your channel
Who cares about turbos iff your under full warranty
I think your views are a little too biased
Biased towards?
Amazing how anything people disagree with means something is "biased". This site is one of the best for just giving information. And of course he is going to say what he likes occasionally. If you need someone who won't challenge your thoughts maybe look for a different site.
How was he biased, he just stated the facts before him
Views are always biased. Data that came from reputable sources, on the other hand…
"Bias" is a word whose meaning has been twisted and incorrectly applied to virtually every aspect of life the past few years.
I wish auto makers stop reinventing the shifter I hate the dial shifter and button shifters I like column shifters and the shifter like in the F-150 shifters I like
I like shifters to rest my hand on. I bought an Outback and I really like the actual shifter. I did not want a dial. I get the advantage of them, but I do not like them.
Myself I like the column shifter, it frees up a lot of space in the console for items. I’ve never felt the need to shift my automatic trans manually , and if I did I would just use the column shifter. I suppose some folks think the console shift makes it feel sportier
@@paulhunter9613 exactly