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Diesels?
Ok, first off I get why they are better trucks for towing, long hauls, in some cases fuel economy. But why is a used diesel truck with high mileage worth so much more the a gas truck. I know the engine and trans can handle higher mileage, but the rear gears and front if its a 4x4, frame, suspension parts, brakes are all the same as a gas power truck. I don't get why (and this is just an example), lets say a gas 06 GMC 2500hd fully loaded with 100,000kms is a $17,000 truck, but the diesel equivalent with 150,000kms is $28,000. It makes no sense, yeah the diesel engine can handle higher mileage, but everything else on the diesel truck has the same mileage and wear out just as fast as the gas counter part. I'm not saying they should be the same price, but diesels shouldn't cost so much more then a gas truck simply because they are diesels. The diesel engine is just one part of the truck that can handle higher mileage the rest of the truck is going to wear out the same as the gas truck is going to.
This is a prime example of what I mean 06 2500hd At best this truck with a gas motor would be a 7-8000 dollar truck but because it's diesel its overpriced. To me this is about an $8-10,000 truck, and thats pushing it. I've even seen 2009's with 250,000kms on them and people asking $32,000, because it's a diesel. I got news for you just because it's a diesel doesn't mean it's worth twice as much as a gas truck with half the mileage. I don't know, that was just my rant, I know not all people are like this but it, blows my mind when someone thinks this. |
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From guys who I have talked to that have replaced diesels with new ones they are not happy with the fuel economy. Example, a buddy had an 03 GMC Duramax and was getting around 18 mpg with it. This is a work truck and he hauls a chemical truck and is in and out of lease sites. He bought a 2010 Chev 1 ton with the Duramax and wasn't able to get 12 mpg with it. He had to install a second fuel tank on the machine to be able to conduct his daily run. He was not happy.....
I think the 04 -06 diesels are getting a premuim right now from people who do not want the new technology. So what is my 2004 Silverado 2500HD, LS, crewcab, 4X4, original owner, 175,000 kms worth? Not for sale, but I have considered selling it before the bubble bursts on used diesel trucks. |
Re: Diesels?
Maybe you need to come west to find a truck....
http://alberta.kijiji.ca/c-cars-vehi...AdIdZ352744417 http://alberta.kijiji.ca/c-cars-vehi...AdIdZ343552007 |
Re: Diesels?
Right now the Duramax option is an $8,500 =/- option to begin with. It's like anything...demand sets the cost. New prices are ridiculous,so to buy a diesel after a few years is a great way to go. I would look until I found one for the right price,they're out there. It's true most think they have a gold mine. Makes you wonder why they want to sell. I went with diesel truck way before the curve,back in the '80s when most guys were saying they just don't like diesels. "I don't like the smell",they'd say. I'd say,"And you like the smell of rotten eggs?":lol: Anyway,now I think a gas motor is the smarter way to go,unless you absolutely need the hauling characteristics of diesel. I mean,you pay close to $9k up front,then about 50 more cents a gallon more,don't get great mileage,and service costs on the complicated electronic trucks is high. The newer gas motors have big power,get good mileage,and are lasting a long time.
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Re: Diesels?
The demand is their is why they are so much more expensive. And there aot of youngs guys out there thinking they are Hot Rods, because you can put a programmer on them and make alot of horsepower.
So all in all to answer your question, supply and demand. I just a bought a Dodge Diesel back in April. I was shocked at what people were selling them for, I luckily found and individual selling his, and got it from him. For below Book price. |
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Diesels seem to pull better an they last longer. My father bought his 05 dmax loaded with 40k on it over a year ago for 25k, he got lucky with that one. Up here they go for more than kbb value. His truck gets better gas mileage pulling an normal driving than gas but with the cost of diesel Idk if they come out ahead to much unless you pull stuff. We have full synthetic in his truck from the motor to the gear boxes and on highway he gets around 24 hand calculated if I'm not mistaken. It might be more sense we did a few things to it sense we last checked.
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Re: Diesels?
Typically you can part out a used diesel truck for more money than you can buy one for. Plus like already said, the demand is high right now for used diesel trucks because the new ones are so expensive. Many people are now purchasing older trucks and fixing them up rather than buy new.
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Just my uninformed thoughts here, but doesn't it also cost about twice as much to rebuild a diesel engine as a gas engine? I personally wouldn't have a diesel pick up if you gave it to me.
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Thats what I mean other then the engine and in some cases the transmission (some diesels share the same trans as there big block gas counterparts) everything else is the same on say a diesel 2500hd and a gas 2500hd, the rear ends, the frames, breaking systems, and such. Yes the engine is going to last longer but that doesn't mean the truck wrapped around it is going to last longer. I'm not by any means knocking diesels, I would probably never buy one simple because I don't need a truck that big, but I don't understand asking ridiculous prices for a high mileage truck just because it's a diesel. Honestly $17,000 for a 06 2500hd with 450,000kms is ridiculous, simply because the diesel in it can take high mileage better.
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They just hold resale value better due to the demand. That's the bottom line why they're so expensive.
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How come Honda's retail for way more than other cars that are in the same class. Demand an reliability.
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Sorry I don't see it. Given the choice between a $17,000 gas truck with 80,000kms and a $17,000 diesel with 450,000kms, I'm going with the gas truck. Sure the diesel will last longer, but at 450,000 it's near its rebuild point, but the gas truck is still good for another 200,000kms. Sure for $17k you got a diesel but in 50,000 you maybe rebuilding the engine at roughly twice the cost of a gas engine. To me the value is not there.
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I'm not saying diesels aren't better then gas trucks, but to buy a truck that is 50,000kms from a rebuild makes no sense. Say I purchase the 450,000km diesel for $17,000, then in 50,000kms I have to rebuild or replace the diesel, at from what I've seen in this area $5000-8000 or more, depending what route you take. You might as well spend the extra $10000 on a low mileage diesel.
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People buy diesels because they need a diesel. I cant see trying to pull 10,000 pounds and more with a gas truck. I sold my 6.0 gas 2500 and bought a diesel because it was not made to haul my 11k pound boat and trailer, or a 12.5k pound 5th wheel.
If you go price a new diesel truck versus a new gas truck you see why they are more $$ used. Most people that own a diesel truck to pull around there 5x10 utility trailer should buy a gas truck instead. JMTC. |
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What difference does it make? With all due respect, if something is priced above what you feel it's worth, just don't buy it! That's why I don't own the type of home my wife would love to have, and I don't have a garage full of high-dollar rides.
Free markets are self-regulating -- things are worth whatever people are willing to pay. It doesn't matter whether it seems right to you.... or to me. I'm sure not gonna lose sleep over it..... :) |
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iv'e towed heavy loads for years....."boatpuller" duh..so,i feel iv'e got some experience to throw in.iv'e towed big boats with 454's,ford v-10's and stopped and knew every gas station at every off ramp.i was lucky too get 7 or 8 mpg with gas trucks.then i bought my first diesel a dodge cummins mainly for the cummins.i wasn't to sold on the dodge part.but,i had good luck with it.i got away from boats and bought a gas crew cab 1500 gas chevy.good truck.oops i mean pickup.it was basically a big station wagon.then we got the bug for an r.v.i bought a used 34ft fifth wheel that tips the scales at 13k.so,another cummins dodge that gets 12 to 13 towing that big 5er with no lack of power.the really cool thing about the new diesels is the exhaust brakes to slow you down going hill,can't do that with gas.unlike my forum buddy chevyboy55 you couldn't give me gas truck to tow heavy with.people will drive what they need and can afford.i'm fortunate enough to have the same good paying job for 35 years that i have worked hard at and "treat" myself to what i consider the best rig for the job.
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It seems you are using a single example of a non-typical overpriced high mile truck to make a point. I can pull a single page from any classified and find gas/diesel price/mileage comparisons much more comparable. Sounds like somebody just wants too much for their truck. Keep an eye on it and let me know when it sells.
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Unless your hauling daily, or driving long trips, get the gas. My 07 duramax gets 11mpg around town on winter blend fuels, but if I'm hauling I still get 11, my 6.0 gas got 12 around town, and 7 towing.
06-07 LBZ seems to me to be the best d-max, they bring huge money, mostly because (as said here) the LMM of 08 hasn't been getting crap for mileage. And when I priced a new dmax 3500 last fall, the new dmax was $11,500 addition. Ouch!!!!! Posted via Mobile Device |
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