In this neck of the woods used truck prices are coming down as the market is slowly becoming saturated once again. As of a year ago KBB said my truck was worth about $7k. Since then it has dropped more than $ 1k.
The odds of coming across a truck like mine in Ohio that is as close to mint as mine inside and out is slim to none. Does this mean the truck is still only worth $6k? If not, what is it realistically worth?
98 flareside
Xlt
ORP
Captain's chairs
White
17" Lariat wheels with nearly new BFG rugged trails
Bilsteins
Tonneau cover
Bed liner
Powerstop brakes
Magnaflow muffler and pipes
Engine swap looks factory
... and the rest of the stuff in my sig.

 

It's worth what KBB says in whatever condition it grades out at. Mods don't add any value.

 

glc is correct, your mods won't add value unless you can find a private party that really digs what you've done and is willing to pay what you want.

Around Wi most dealers/ Banks use the NADA price guide for values. Generally you won't even get that out of a vehicle as a trade in. The best bet if you're going to sell and you want more is a private party sale.

 

I would sell it outright. I'm not saying the mods make it worth a lot more, my point is that a really clean, straight, rust free truck that you can't find in this part of the world. I know a dealer would go by the book, but is that all most private party folks would be willing to pay?

 

A nice clean truck will be priced by a dealer on their lot at way above book retail. They can take trade-ins and finance their vehicles so they can usually sell for higher prices than an individual. Add to that the fact that Banks typically won't finance an older vehicle and you have to find someone who has cash. It takes time and patience to sell a vehicle yourself but you can do it. Back in the day, i bought and sold lots of vehicles that interested me. Then my state started charging sales tax on used vehicle sales and it added to the cost so I slowed down. It was almost like a disease with me! Ha!

 

Honestly I think it boils down to the person buying.

When I bought my current truck the dealer wouldn't give me what I thought my previous truck was worth as a trade in, so since it was paid off I decided to keep it and sell it myself. I was offered $500 as a trade, I figured it was worth three times that if I sold it myself. I didn't try very hard to sell it because it didn't cost me anything to keep it and I liked having a second truck at hand. I ended up getting $1200 for it when I sold it to a buddy.

moral of the story, if you're willing to wait until you find the person who agrees to your price you can get it.

 

Right. So I'm back to my original question. What is reasonable to expect above kbb value? I likely won't be selling for another 1-2 years, so I have the time.
I look at all these turds for sale at dealer lots or craigslist that are newer and no where near the condition of mine. Hard to say what the seller really gets for them, but regardless mine looks like a steal! So if I don't want someone to steal it, what should I try to list it for?

 

Only the market can determine what your truck is worth. If you aren't ready to sell it worry about something else.

 

I'm just trying to plan ahead.

I'm also trying to justify in my mind what reasonable would be considering my truck is about as nice as most 2 year old trucks, and does everything about as well minus fuel economy and noise, but is worth about 1/5th. I suppose that even if I did $4k better than KBB value, it wouldn't matter that much in the grand scheme of things.

I know a member put up a truck similar to mine about a year ago for $10k. Not sure what he got for it, but it didn't take long to sell (don't remember who it was). I was hoping others with similar results might chime in.

 

How many miles are on it?

 

93k

 

white elephant, Based on your description of your truck and the low mileage for it's age I don't think there's any reason you couldn't get what you want out of it as long as you're realistic.
You'll never get what you have in it out, that's just the way it goes when there are so many examples still on the road. That said, there's no reason you can't ask 10k and expect 8k.

 

Private party book:

Excellent - 3% of all cars we value
Looks new and is in excellent mechanical condition

Has never had any paint touch-ups and/or bodywork
Does not need reconditioning
The engine compartment is clean and free of leaks
Is free of rust
The body and interior are free of wear or visible defects
Wheels are flawless
All tires match and are like new
Has a clean title history and will pass a safety and smog inspection
Has complete and verifiable service records

$5321. I probably missed some options and I guessed at an Ohio zip code.

Very Good - 23% of all cars we value
Has minor cosmetic defects and is in excellent mechanical condition

Has had minor paint touch-up and/or bodywork
Requires minimal reconditioning
The engine compartment is clean and free of leaks
Is free of rust
The body and interior have minimal signs of wear or visible defects
Wheels are flawless
All tires match and have 75% or more of tread remaining
Has a clean title history and will pass a safety and smog inspection
Most service records are available

$5050.

 

That's in the neighborhood of what I was hoping for.
I did check and another member on here with a very similar truck in similar condition asked for $15k and got $13.5k recently. So it is possible to do way better than KBB, but it might take a while to find the right person.
As for what I have in it, you'd be shocked! With the power if Amazon, patients, and smart shopping you can get very high end parts for these trucks for a fraction of what retail was!

 

Exactly it just takes patience, for every 1000 people that tell you about a bluebook value there's that one guy who really wants the one you've got.

The truck I sold probably had a book value around $2500 for a fair example, it was in fair condition. But what I paid for it and had invested in it for general maintenance was less than that, and the trans was getting tired (a fact that I disclosed to the purchaser) I asked $1500 and got the $1200 I wanted.

Amazon is an amazing place so it might not surprise me all that much, I'm frugal myself. I think you have a good chance to get what your looking for out of it