Dealer says my 2018 Raptor is only worth $25k on trade

[hingedthinker]

Been kicking around trading in the Raptor on something new, gen tres, or maybe something else...dark and horsey like. One dealer just told me the 2018 Raptor 802A w 119k miles is only worth $25k on trade! ROFL.

 

[HighwaySentinel]

They are just staying true to the code of ******** you every possible way they can.

 

[shigman]

What does KBB say? Gen2 values have gone off a cliff compared to a couple years ago. I just traded my 2020 with 38k miles for 55k for reference. I did get exactly KBB for better or worse.

 

[hingedthinker]

 

[DaveInMn]

.
Would only make sense if he intends to sell you the new one for about 30-35% off MSRP.

 

[shigman]

Is that factoring in miles for 46k retail? 120k is quite a bit. 37k seems like retail around me anyway for that age and miles, 31-32k would be a reasonable target. 25k is really low though.

 

[cptnslo]

That seems consistent with what I’ve been getting. Between 30-34k with 97.5k miles and a 2017

 

[Irregular F150]

We have a 2019 here with 100k selling for $50k.

 

[shigman]

Yeah seems to vary quite a bit regionally. People buy raptors as commuters in Houston. No ones going to pay good money for a 100k mile anything unless it’s a diesel.

 

[SCAR911]

Well, since they are giving you half, offer half on the truck you want to buy. Then spit in their mouth as you walk away