Posted 2009-01-27 7:53 AM (#98303) Subject: How is the used 1 ton market?
Location: Central Arkansas
I have an extra dually that I don't really need anymore. My ad has expired here and I was just wondering if I should wait a couple of months before I try again. Several folks wanted it but couldn't get the funds together. Has the local financing loosened up? This is a 2002.
Posted 2009-01-27 12:04 PM (#98325 - in reply to #98303) Subject: RE: How is the used 1 ton market?
Expert
Posts: 1351 Location: Decatur, Texas
Just depends on what you have, the equipment the truck has and the price you want! 3/4 ton and 1-ton trucks around here are selling GREAT! But you can not depend on the so-called "BOOK VALUE" to go by. Right now I have a 2004 F-350 single wheel extended cab 4 door truck with only 43-k miles diesel/auto and the so-called book value on it is between 11-k to 17-k on nada.com and kbb.com. Which the truck will not bring near that, I will be happy with around 9-k.
Funds are not even close to be loosing up and most banks are not interested in conversion package trucks anymore, they will base the price on whatever package the truck came standard with. ie: some older conversion trucks came as a base model then was upfitted with tons of extras, so if the vin number show a base model that is what the bank goes by to figure out a value.
Posted 2009-01-28 7:49 AM (#98382 - in reply to #98303) Subject: RE: How is the used 1 ton market?
Elite Veteran
Posts: 954 Location: Hagerstown, MD
hogtownboss is right, funds are not getting any easier to find. Watch the news, it will tell you that layoffs are the norm right now. Businesses are not hiring, jobs are hard to get and the economy stinks. If I REALLY want to sell something, no matter what it is, put it on Ebay. You can bet that it will bring "market value" whether it's a private jet or a pitchfork.
How is the used 1 ton market?
