Just pulled NADA on my 2016 Sierra Crew SLT 6.2 max tow truck. Clean Retail is now $41,300. It's been flying up over the past 6 months or so. To me, its the perfect half ton truck. However, i will be having a 3rd child this fall and its intended use will not be used for a while. We take it on recreational/camping type trips and with the new baby that just won't happen. So my theory is, sell it this summer and live without a truck [GASP!] for 1-2 years. There's no loan on it currently so there is literally 40k sitting in the driveway being driven infrequently.
I also own a '07 cargo van that i can use to haul things and i would likely buy a flat bed trailer to hold me over for any open bed type hauling.
Future wants are to get into an RV, like a travel trailer, or if i upgrade trucks, a 5th wheel. I like the Ford F450, very overbuilt everywhere and the wide front axle helps the turning radius. The weight and dually rear end would be the ultimate in towing safety/peace of mind. This half ton is rated for 11,300lb and 2k payload so it could tow a modest travel trailer just fine. I'd like to stay 25% under rated capacity for safety.
Since i can live without the truck, i could sell now, and wait for new trucks to be common/discounted again. I would invest the money and hopefully see good gains before its spent on a truck/trailer or whatever.
If i just keep it, the worst that happens is i end up with a smaller trailer and lose the chance to sell the truck for top dollar. 40k would cover every dime i spent on the thing in like 3 years.
Thoughts?
I also own a '07 cargo van that i can use to haul things and i would likely buy a flat bed trailer to hold me over for any open bed type hauling.
Future wants are to get into an RV, like a travel trailer, or if i upgrade trucks, a 5th wheel. I like the Ford F450, very overbuilt everywhere and the wide front axle helps the turning radius. The weight and dually rear end would be the ultimate in towing safety/peace of mind. This half ton is rated for 11,300lb and 2k payload so it could tow a modest travel trailer just fine. I'd like to stay 25% under rated capacity for safety.
Since i can live without the truck, i could sell now, and wait for new trucks to be common/discounted again. I would invest the money and hopefully see good gains before its spent on a truck/trailer or whatever.
If i just keep it, the worst that happens is i end up with a smaller trailer and lose the chance to sell the truck for top dollar. 40k would cover every dime i spent on the thing in like 3 years.
Thoughts?