Can't give my L away

[FordForSale1]

I have owned many vehicles in my day, everyone of them moded, mostly all big lifted 4x4 fords. But a year and a half ago I sold my 01 Superduty for an 02 Lightning. Ever since I first saw the 99 lightning I dreamed of the day when I owned one, than tha day came. epper: .

Now flash to the present, I have an 02 lightning that used to book used at $27,000 now bairly books for more than $20,000.

I have owned and sold, to date, more vehicles than anyone that I know and I can't give this truck away. I will never own another L for this reason and maybe, I won't buy a Cobra now, because I planned on buying one.

Does anyone else feel the same fustration that I am feeling now? :bash:

 

[LocoGT]

Mileage & asking price?

 

[monkeyspunk79]

Carmakers can't give new cars & trucks away. 72 month loan periods, 0% finnancing, huge rebates. Its a crappy market right now.

 

[Ryan]

I think its due to gas prices.

Did you buy your truck new?
-I don't think I will ever buy a brand new vehicle unless I know I'm going to keep it for 5+ years....

I've considered selling my truck...and when/if that happens hopefully it won't turn into that big of a headache.

 

[LocoGT]

Carmakers can't give new cars & trucks away. 72 month loan periods, 0% finnancing, huge rebates. Its a crappy market right now.

I'd buy a new car w/all those incentives. Oh wait, I can't afford a new car even with them :kaboom:

 

[inteller]

yeah, 20k for a used L is about right. It only gets worse from here as people unload them in anticipation for the Gen3.

On the other hand Gen1s seem to be holding up well, I can't find any that go for what they are REALLY worth, people are selling them regularly for 7-8k on a 5k truck.

 

[upinSMoKe]

lightnings hold there value pretty damn good chief.... so what the phuck are you talking about?...

 

[jnahm1]

yeah mine is a 2000 and its still worth half of what it was new...thats not bad compared to a jaguar or other cars like that

 

[boostdacr]

my truck is worth about 20k and i paid 19k a year ago. I would sell/trade my truck for either a newer Lightning or an 03/04 cobra

 

[inteller]

wow, you must have the cleanest 00 L on the planet with like 1000 miles on it.

 

[FordForSale1]

lightnings hold there value pretty damn good chief.... so what the phuck are you talking about?...

I'm not trying to start a fight but on paper it has a good value but try and sell it. $21,500 to $20,000 to $18,500...etc
No one wants it.

 

[LocoGT]

I'm not trying to start a fight but on paper it has a good value but try and sell it. $21,500 to $20,000 to $18,500...etc
No one wants it.

MILEAGE IS?

 

[Sinister04L]

I'm not trying to start a fight but on paper it has a good value but try and sell it. $21,500 to $20,000 to $18,500...etc
No one wants it.

Again, what condition is it in? Miles? Ever been wrecked? Even clean unmolested vehicles can be hard to sell in today's market. It took me over a year to sell my Saleen (a car that holds it's value VERY well) and I took a pretty big hit on it just to be rid of it.

 

[FordForSale1]

35,000

 

[ViciousJay]

FordForSALE1, im in the same boat you are in here in IL theres like 6 Lightnings in teh chicago land area and NO ONE wants to take a trade on one at the dealerships ive been to countless dealers, but being rejected is only doing one thing for me, i said **** THEM so i went and pullied him and bought all types of shit just waiting to be installed on the BIG BAD L im get used to driving him in the SNOW, i suggest you save like 5-10K otherwise the dealers around us wont take you serious, but just remember theres a reason behind everything msybe the Lightning GODS are r telling you something , hint hint, PULLEY THAT BITCH!!!!

 

[ViciousJay]

beileve me i would LOVE to own a Cobra but i figure this ill wait a few more years till the new one comes out and then ill buy one an 03/04 one cuz all these guys will be nuttin over the new too much to reemember the potental in this one so i figure in the mean time ill apy this one off and OWN BOTH. (nothing personal to ANY COBRA OWNERS PLEASE dont take what i said to heart)

 

[SHOE]

(With puzzled look)

New '04's are going for what, $27 - 28k (maybe less) ? You have an '02 (three years on the book now). I looked at an '02 with 11,000 miles on it two years ago that went for about $26,500. If that truck sat there and it still had 11,000 miles on it today, it's not going to fetch $26,500 like it did 2 years ago. I think you just need to calm down and have a reality check. It's winter, gas prices are ungodly, etc. If you don't like the price offered then don't take it or just wait it out. I, personally, add value to mine due to the satisfaction I get from it. I'm not going to get for mine what I think it's worth. If you want to sell it, take a hit or wait for a sucker to come along, but you can't fight the market or the natural act of depreciation.

 

[ViciousJay]

i got a 03 with 10K on it and the highest bid i got was 20K i nearly fell of the chair laughing so hard

 

[LocoGT]

i got a 03 with 10K on it and the highest bid i got was 20K i nearly fell of the chair laughing so hard

Cars are not an investment (excluding rare classics) so stop laughing. Welcome to reality. :burnout:

 

[Ryan]

Follow the Lightning community and you'll understand...

03/04s are typically going for mid-20s..

Cars are not an investment (excluding rare classics) so stop laughing. Welcome to reality. :burnout: