Panaraptor
Member
GEN 1 without doubt. And you should be able to find a 2012-13 around 25k. Forget about color, they’re all awesome.Hoping to get some help from the community on a dilemma I'm facing... I know this topic has (in general) been beaten to death but wanted to add some personal thoughts and opinions to it to see if someone could help me make a decision already! I'm so paranoid about making the wrong one that I'm still not driving a Raptor.
A 2011 Molten Orange Gen 1 with the 6.2L is my dream truck and has been since 2010. I recieved pre-approvals from my credit unions earlier this month and immediately started shopping (both private party and dealerships). I've found some great deals on Gen 1's that weren't Molten Orange and never seemed to pull the trigger due to the price and/or second guessing if I would regret buying 'that' one due to the COLOR (I know, it's weird).
To further complicate things I came across a super clean 2018 Gen 2 (Ruby Red) for only $45K with 87k miles last week. I waited a week to make up my mind and it sold the day I went to look at it. They had also sold a 2017 with similar miles for $47K the week before. According to a GM at a local dealership that I know the wholesale price for a 2018 Gen 2 with about 80K is around $45K according to their realtime system so they are clearly dropping in value. This dealership sat on both of these over 60 days and then dropped them to basically wholesale just to get rid of them.
My Dilemma - I wasn't even thinking about a Gen 2 a couple weeks ago but now that I've seen these prices I wonder should I be looking at a Gen 2 instead? Do I purchase a Gen 1 now or wait and consider both with a Gen 2 into the mix in 6-12 months when I have more of a down payment. Is a Gen worth the extra cost? Would I regret not having a Gen 1 exhaust note?
I went to drive a Gen 1 and Gen 2 back to back yesterday (something I hadn't done before). My thoughts below:
Gen 1 Positives:
- 2011 Molten Orange 6.2L (Dream Color)
- The exhaust note
- $30K gets me a 2011 w/ 90-100K from what I'm seeing in the current market
- Basically bulletproof
Gen 1 Negatives:
- Dated Interior (can't upgrade to SYNC3, etc on 2012 or older)
- On that note Molten Orange isn't available on 2013-2014 model years.
- Unless I buy Molten Orange I'm worried I'd regret not having that color. Probably be happy with Red or Blue though. Maybe white.
- 10 years old so credit union financing rates aren't as favorable as a Gen 2.
- Credit union financing for all 3 has to be within a certain range of the NADA (only slightly over) and prices have already returned to pre chip shortage prices so finding a Molten Orange 2011 within 105% of the NADA value has been difficult to say the least. Most are a $3-4K over that.
Gen 2 Positives:
- I think the exterior looks better vs Gen 1 (unless it's Molten Orange)
- Slightly better MPG
- Better interior and tech
- Drives really smooth and accelerates quickly.
Gen 2 Negatives:
- The exhaust note
- $15K more than Gen 1 with similar mileage in the current market
- No Molten Orange
So there you go! If the Gen 2 had a V8 exhaust note or was offered in Molten Orange this wouldn't even be a question.
Thoughts and opinions would be greatly appreciated!