Trying to get a feel of where to price my truck.
#1
Trying to get a feel of where to price my truck.
I'm thinking about selling my 2005 King Ranch. I've checked out all the usual places: kbb, edmunds, nada, craigslist, and autotrader. Thing is, there just aren't too many to compare against, as mine seems to have relatively low miles at 78K. Most that are selling around here (northwest Atlanta suburbs) have well over 100K on them, and the closest comparable is someone selling his with 85K on the clock for 23K. My gut/research tells me that might be a little high.
So, I just wanted to get some ball-park ideas; I don't want to do a lot of haggling, I want to set as fair of a price as possible, and not looking to "juice" someone out of a couple hundred bucks. Time is on my side, I don't have to do this, but I don't want it priced so it's sitting around for a year either.
I'm thinking flat out even 20K. It's a very well taken care of truck, no mods, nothing, all stock, super clean, and runs great (knock on wood!). I have not seen a King Ranch with leather in better shape than mine, other than new if that tells you anything. The only thing it will need in the next year or so is tires.
20K sound good?
Thanks,
So, I just wanted to get some ball-park ideas; I don't want to do a lot of haggling, I want to set as fair of a price as possible, and not looking to "juice" someone out of a couple hundred bucks. Time is on my side, I don't have to do this, but I don't want it priced so it's sitting around for a year either.
I'm thinking flat out even 20K. It's a very well taken care of truck, no mods, nothing, all stock, super clean, and runs great (knock on wood!). I have not seen a King Ranch with leather in better shape than mine, other than new if that tells you anything. The only thing it will need in the next year or so is tires.
20K sound good?
Thanks,
#2
Sounds like a nice truck. I manage a car dealership in WA State. Did a little research for you. One just sold with 80k on it at a dealer auction in fair condition for 17,600$. The wholesale value (dealer to dealer) is about 18,500$. Retail on the truck is 25k$ however I don't think anyone can get that. I have a fully loaded white lariat on my like that is an 08 with 60k for 24k. I think you could ask 20k$ and hold pretty firm around there. Someone would be getting a good buy. If you get a 19,500$ offer i would probly take it though.
Good luck!! Any questions feel free to let me know!
Good luck!! Any questions feel free to let me know!
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Thanks to all, this is real helpful stuff! Interestingly enough, cargurus came in at $20,669!
Here's another idea I wanted to throw out there: since I don't want to waste anyone's time, and I expect the same in return, I'm concerned I'm going to get a lot of "tire kickers".
Here in GA, there is no lemon law for used vehicles (only for new), so I'm thinking of charging $20 for a test drive (with me as passenger, of course), which comes off of the total price should they decide to complete the sale. I figure if someone is serious enough, $20 is more than reasonable, and, hopefully, keeps away the daydreamers. Sound like a good idea?
Oh, and I don't know if this really matters, but I'm getting rid of it simply because I really have close to zero use for it (not because I hate it or anything, I actually love the thing!). I just drive it for leisure on occasion, and the total monthly operating cost is just too much for me to justify.
Here's another idea I wanted to throw out there: since I don't want to waste anyone's time, and I expect the same in return, I'm concerned I'm going to get a lot of "tire kickers".
Here in GA, there is no lemon law for used vehicles (only for new), so I'm thinking of charging $20 for a test drive (with me as passenger, of course), which comes off of the total price should they decide to complete the sale. I figure if someone is serious enough, $20 is more than reasonable, and, hopefully, keeps away the daydreamers. Sound like a good idea?
Oh, and I don't know if this really matters, but I'm getting rid of it simply because I really have close to zero use for it (not because I hate it or anything, I actually love the thing!). I just drive it for leisure on occasion, and the total monthly operating cost is just too much for me to justify.
Last edited by Big; 06-03-2013 at 10:30 PM. Reason: expansion
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