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Old 03-14-2010, 04:27 PM   #1
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Default Price of gas, economy or computer error

Like Bonnevilles, my 2007 F-350 2wd, regular cab pickup has gone UP in value over the past 16 months. I was looking to sell it a year ago because it just sits but didn't want to take the loss. In the last 18 months it has gone up in value from 12k to 18k according to Edmonds.com

Is this a result of the price if gas, changing economy or just a computer error? I have noticed the price of Bonny'* especially the GXPs have gone up also- for a while one could steel a GXP, on Ebay and even at some dealers- not any more.....
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Old 03-14-2010, 04:31 PM   #2
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with out the custom stuff i have put on my car mine is worth a little over $6,000 according to KBB.com
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Old 03-14-2010, 04:38 PM   #3
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Not too many American made sedans year group 2000 selling for 6k- except the Bonny, DTS and maybe a few Town Cars that are being purchased from private owners and converted to livery use.
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Old 03-14-2010, 04:39 PM   #4
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sad thing is mine has 168,000 miles on it and still good for $6,000
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Old 03-14-2010, 04:45 PM   #5
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I like GM V6 engines like the 3.8 and 4.3. Have had all my 4.3 all go well over 200k without any engine issues. Bet your Bonny can easily go another 100k- you may want to keep an eye on the fuel lines and break lines for corrosion as you lived in the salty streets of Davenport in your past..... My 1991 Chevy K2500 was running great for 15 years, except the gas and break lines all rusted out, same with my 1988 Astro, 230k miles, still ran and looked great- but those damn brake and fuel lines could not handle the salt. I have often thought about proactive treatment of the brake and gas lines to protect them from the salt...
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Old 03-14-2010, 04:50 PM   #6
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i got my brake lines undercoated the car was originally sold in New York and spent it'* entire life in new england till i bought it in New Hampshire and took it everywhere and it'* brother. it was only in Davenport for about a year maybe and i gotta say those idiots can't drive!!!
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Old 03-14-2010, 06:48 PM   #7
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The listed value of a car is what people are willing to pay. A top quality car that everyone wants is going to sell for a lot. Try finding a good price on a Grand Prix GTP, good luck. Everyone wants them. Same with the GXP and the SSEi, tack a grand on for that little i.
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Old 03-14-2010, 07:35 PM   #8
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Like Dan says, its what people are willing to pay. Edmunds/BlueBook don't just use a computer or textbook analysis. Alot has to do with what Dealers, new and used, are getting for them. That said, I think the increases go hand in hand with what you have to pay these days for a 350/3500 series truck. I spent $7000 rebuilding my 3500 Dually after looking at new. I couldn't stomach the new prices, didn't want to buy somebody else'* problems, so I got out my checkbook and fixed my own.
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Old 03-14-2010, 08:27 PM   #9
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resale values of trucks and larger cars have also been going back up since the hit they took during C4C
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