schlep1967
Harrisburg, PA
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I often see discussions on here about gas versus diesel. Most will agree that diesels pull better and generally last longer. Then the discussion of cost comes in and everything gets messy.
I just wanted to share my recent experience with a diesel truck. I bought a 2007.5 Dodge Ram 2500 in November of 2008. I paid $41,038 for it new. I drove the truck for 13.5 years and sold it last night for $25,500. My cost per year was $1,150. Yes there were 12 quart oil changes along the way that cost me around $85 each time. My typical mileage running around locally was around 16 and towing was around 11.
My point is, the towing advantage of a diesel really doesn't cost you all that much if you keep the truck clean and well serviced so you can recoup a good bit when it comes time to sell.
Oh yea, the replacement diesel cost me twice as much as the 2007.5 did. I'll let you know how I do on resale in about 15 years.
2021 Chevy Silverado LTZ 3500 Diesel
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midnightsadie
ohio
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nice write up. thats why I drove diesels for years always got a good chunk when I sold it.
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ShinerBock
LVTX
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I think many people purposely do not include resale to help justify their choice. They only want to talk about recouping the upfront cost through fuel only.
The diesel engine option is one of the few engine option upgrades that actually pay for themselves and then some for most people. Other engine upgrades like going from a base 3.3L to the 5.0L in an F150 or the base 2.7L to a 6.2L in a GM will not only cost you over $2k upfront, but will also cost you more money the longer you own it due to the lower fuel economy of the upgraded engines yet no one ever seems to talk about recouping their money in those scenarios. However, any time a diesel is brought into the conversation then that is the only thing some seem to talk about.
Fact is, the diesel engine option is just like higher trim option like the High Country, Lariat, or Laramie. The $7k-11k you spent up front on these options will mostly be recouped at resale because they increase the value of the truck the same way a diesel (or any other engine upgrade option) does. At the end of 100k or 200k miles, the value of the diesel truck is not the same as the value of the base engine just like the value of a Laramie truck is not the same value as a Tradesman.
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Lwiddis
Southern California :(
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Good analysis. TY
Winnebago 2101DS TT & 2022 Chevy Silverado 1500 LTZ Z71, WindyNation 300 watt solar-Lossigy 200 AH Lithium battery. Prefer boondocking, USFS, COE, BLM, NPS, TVA, state camps. Bicyclist. 14 yr. Army -11B40 then 11A - (MOS 1542 & 1560) IOBC & IOAC grad
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Durb
NW
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It sounds like you sold your old truck too cheap unless it had a kajillion miles on it or was rusted out. I think I could get that for my 2004.5 which is about what I paid 9 years ago.
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Cummins12V98
on the road
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OK, what is the replacement Diesel??????
2015 RAM LongHorn 3500 Dually CrewCab 4X4 CUMMINS/AISIN RearAir 385HP/865TQ 4:10's
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schlep1967
Harrisburg, PA
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Durb wrote:It sounds like you sold your old truck too cheap unless it had a kajillion miles on it or was rusted out. I think I could get that for my 2004.5 which is about what I paid 9 years ago.
The cost of diesel in Pennsylvania right now is around $6.25 a gallon slowing down those that are interested. The KBB price on it was $25,200 at the top end of private sale. I did alright.
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schlep1967
Harrisburg, PA
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Cummins12V98 wrote:OK, what is the replacement Diesel??????
Funny you should ask, I updated my signature about a month ago and it still hasn't showed up.....
2021 Chevrolet LTZ 3500
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cummins2014
Utah
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schlep1967 wrote:Cummins12V98 wrote:OK, what is the replacement Diesel??????
Funny you should ask, I updated my signature about a month ago and it still hasn't showed up.....
2021 Chevrolet LTZ 3500
Nice !!!
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Grit dog
Black Diamond, WA
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Durb wrote:It sounds like you sold your old truck too cheap unless it had a kajillion miles on it or was rusted out. I think I could get that for my 2004.5 which is about what I paid 9 years ago.
PA is a long ways from WA. Market is strong for sales everywhere, thanks to....nevermind, not going there, lol.
But the PNW and some other areas are even higher. Unlike PA and other economically depressed and much lower cost of living states.
But that's still alot of money. Diesels retain value well, but a Ram unless a G56 trans from 07.5 is less valuable overall than any comparable 5.9 3rd Gen, unless it's deleted. So I'd say he got very good money for the truck and the location.
But your right, a cherry condition, sub 150k mile 6.7 4x4 quad cab would fetch a bit more out here.
2016 Ram 2500, MotorOps.ca EFIlive tuned, 5” turbo back, 6" lift on 37s
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