High dollar truck

Cash4Toys

Member
2004 GMC 2500, 6.0 gas, 4 x 4, crewcab with just under 13k miles sold at a Minnesota farm auction today for $41,000.00. I find this hard to believe, and wouldn't if I didn't see it.
 
It honestly doesn't surprise me. My 99 is starting to show it's age so I glanced at some new ones last year. Decided rather quickly I better keep my old one running. Especially after hearing all the quality issues they're running into.
 
Same as my 96 Dodge 3500. It's a little ragged, but should last me the rest of my tractor hauling. New rear tires, fairly recent rebuilt transmission. Just passes smog check, Good running V10. I think I will keep it. Stan
 
Well here is what I found on the internet today. A new GMC truck is $73,000 and the financing on it is 8.9%. The total cost of financing for 72 months at 8.9 % is $20,000 . That means the $73,000 truck will cost you $93,000 in the end..UNBELIEVABLE ! So my old 1997 F150 is going to go a few more miles and I will look for a three or four year old used truck that I can afford to pay cash for
 
True.

Last week, on a local online auction a restored 806 Farmall sold for over $28,000,
 
There is obviously anther breed of truck buyer out there on the planet that doesn't hang around the YT site. Add to that perhaps a story about that particular vehicle, whatever it might be. Like you say though, unbelievable.
 
About 1/2 price of a new one. I would bet there was a grandson involved in the purchase. At my dads last sale the neighbors brought over their dads 10 year old car to sell. Olds 4 door,nothing special about, it except two brothers wanted it for a kids car. It was almost a new price when one of them ran out of money.
 
Geez, I have the Chevy badged version of that with 260,xxx miles. Wonder what mine would be worth lol. Think I would be better off to put a reman engine in mine when needed rather than get a newer one
 
I was offered $45,000 this last summer for my 2015 GMC 2500, 6.0, double cab with 34,000 miles. I turned it down. I really like the truck for being a Ford guy. GM Dealer gave me a pretty fair deal to buy it. Yes, it likes its gas when pulling a 32' Montana 5th wheel RV in the wind.
 

I tell my customers that have a nice older chebby to fix what they have as the newer ones are garbage. I work on a 2007 that's pushing 600K it runs out nice and tight. Its been well maintained the trans was built at 500K. The bad those garbage lifters have bit him twice, it was still cheaper to repair than replace the truck.

All in said and done I have seen the same year truck be junk and a rattle trap when they hit 200K. I would junk it and move on with life.

It would take 20K to get my 95 F250 7.3 with 120K on it. If I replaced with a truck that would do the same job what would it cost me. ?
 
Last summer I had a 62k offer on my 2015 Chev 1ton dually, diesel, loaded, 21,000 miles on it with no winter miles on it. Trouble with that was I was not paying 17 to 20 over sticker to replace it.
It sits in my climate controlled garage unless it's pulling my toy hauler out west once a year, and it should last me til I can't anymore.
 
I frequently get asked if Ill sell my 1988 3500 Silverado. No idea what its worth, but Im keeping it.

Glenn F.
cvphoto151439.jpg
 
(quoted from post at 07:42:31 04/02/23) I frequently get asked if Ill sell my 1988 3500 Silverado. No idea what its worth, but Im keeping it.

Glenn F.


Its at the point it will never lose value.
 
Auctions can have a strange effect on people!

I remember many years ago, I went to a police impound auction. I saw some of the most useless, scrap pile junk go for insane amounts of money, and this was not a charity event, these were bargain hunters, or at least I was!

One car sold was a Cadillac, about 5 years old, but had very low mileage. It had been seized as evidence or something, not driven, but parked outside the whole time. The paint was burned, the headliner falling down...

It was the star attraction, everyone was watching it to see what it would bring! It sold for the same price as a new one could have been bought!

The one I was interested in for the motor was so severely wrecked it was questionable if the engine even survived, it went for way more than I was willing to gamble. I left with my money still in my pocket and never wasted my time there again!
 
(quoted from post at 22:43:27 04/01/23) Auctions can have a strange effect on people!

I remember many years ago, I went to a police impound auction. I saw some of the most useless, scrap pile junk go for insane amounts of money, and this was not a charity event, these were bargain hunters, or at least I was!

One car sold was a Cadillac, about 5 years old, but had very low mileage. It had been seized as evidence or something, not driven, but parked outside the whole time. The paint was burned, the headliner falling down...

It was the star attraction, everyone was watching it to see what it would bring! It sold for the same price as a new one could have been bought!

The one I was interested in for the motor was so severely wrecked it was questionable if the engine even survived, it went for way more than I was willing to gamble. I left with my money still in my pocket and never wasted my time there again!
As for these trucks, I expect that the lesser emissions crap helps them bring a premium price.
 
You forgot to add in the market adjustment fees and mandatory dealer equipped options the dealers are adding on that aren't listed on the internet. It blows my mind people would actually pay that.
 
How is it possible for a nine year old truck to have only thirteen thousand miles? The only possibility I see is if it was purchased as an RV tow vehicle and the purchaser died or couldn't use it for health reasons. Those trucks are known to have dodgy gauges; is it possible the instrument panel was replaced at some point? Even then, the mileage must have been remarkably low as a truck with even 50K will show signs of use.

Anyone who has been to an auction knows certain items will go for ridiculous prices. Guns, in particular, go for way above market price at auctions.
 

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