GCATX
King Dingaling
Comparing the both is the literally definition of apples and oranges.
Actually, the literal definition of apples and oranges, would be apples and oranges.
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Comparing the both is the literally definition of apples and oranges.
What @GCATX said.
But I do love when guys like you act holier than thou and tell others that their “doing it wrong” when it comes to their finances. Yes, vehicles are depreciating assets, but your going to spend money on a vehicle each year regardless of whether you bought it for $5k or $50k. So there is nothing wrong with capitalizing on the fact that Raptors hold their value.
Most Gen 2 Raptor owners (across all model years) have had zero to very little depreciation over the past year of ownership. Tell me what other mass produced vehicle does such. Again, that’s not why I bought my Raptor (this is my fourth one), but it does allow me to minimize my depreciation as I move into a new one. And yes, it does help me sleep at night
If you seriously have resale value at the top of your list when you bought the truck, you're doing it wrong.
Thx for proving my point And I would bet most folks here didn't buy their raptor because of resale value either. Is it a consideration? Maybe to some, maybe not to others....that’s not why I bought my Raptor...
The day of reckoning has come for the Gen II. I'm glad I sold mine a year ago back when values were stronger. Looking forward to see how Ford responds. If it's some hybrid V6 electric ***** stuff, Ram will revel in that. Someone who would choose something like that over a 6.2 supercharged engine would be the very definition of a fanboy.
I do believe the Raptor depreciates less than any other F150 but it still depreciates, at best with 100 thousand miles it is worth 30 grand. It takes a big dip once it hits the 100 thousand mile plus mark. Then it levels off but tons of Gen 1s out there with 140 plus thousand miles for 15 grand at retail. These 70k trucks will depreciate to nothing, but like was said above they are a tool used in most guys or gals work.
If you pay cash for it then let it sit, this would not be bad. If you use it for work or as a work truck and can depreciate it to nothing or get enough allowance say 1200-2200 a month then you can justify it. Ford's of almost any kind do not hold their values well. Anyone that has purchased multiple ones of them know this to be a fact.
“Tons” of Gen 1’s with 140k miles for $15k? You’re pulling numbers out of thin air, the cheapest Gen 1 on Autotrader right now is $18k with 243,000 miles on it.
Having purchased many Ford vehicles I can tell you that you’re incorrect; the data also doesn’t agree with your “fact”. F-Series in general hold they value very well, and Raptor holds one of the highest residual values in the industry, right behind Wrangler, which is #1.