One other often un noticed advantage of diesel over gas is :
The diesel engine weighs more than the gasser by 500 pounds on the front axle.
My Duramax is a 2002 model with 9200 GVW. It replaced a similar sized 1997 454 Chevy , also a an extracab short box unit which was 8600 GVW..
The diesel carries more weight up front and I believe is better handling when towing my travel trailer.
Physics : better balanced
Physics : A heavier truck pulling a lighter trailer is better than a lighter truck towing a heavier trailer.
My contractor buddies keep driving their work truck diesels 300,000 miles with no major issues. The diesels just have more reserve capacity which means longer usable life.
One should remember that "the books" (NADA, KBB, etc.) are merely guidelines. They may or may not be an accurate reflection of "the market".
When it gets down to the nitty-gritty, "the market" is what somebody is willing to pay. If nobody wants it, it has no market value, no matter what "the book" says.
There ARE those, however, who DO want used diesel pickups, thus "the market value" remains high. If (when) something happens to take away the demand, the used value will drop like a rock!
CM1, USN (RET)
2002 Fleetwood Southwind 32V, Ford V10
Toad: 2006 Jeep Rubicon LJ
Other toad: '06 PT Cruiser, Kar Kaddy dolly
Toy: 1977 Dodge W100 CC SWB, 3/4 ton axles & springs
"When seconds count, help is only minutes away!"
I'm not throwing you under the bus, but your post only proves that diesels have a higher resale value than the gassers.
From my experience with this subject, this price differential starts when the trucks are new and tend to follow the trucks until they are parted out/scrapped.
Gas is cheaper to build, cheaper to maintain, cheaper to operate, cheaper to repair, and cheaper to purchase.
Diesel is heavier built, requires heavier components, is used for different reasons than a gasser. Those who need a diesel are more than OK paying the 5-8 k difference in price.
At the end its not really Gas VS Diesel
its what meets the customers needs better. People tend to buy the appropriate tool for the job. Some tools cost more than others.
I am NOT a heavy hauler, I don't deliver 15k fivers for a living and my TV sits most of the time. Diesel made no sense to me. So I saved THOUSANDS and bought a gasser. Why? My preference and needs.
In Summary,
Gas is cheaper than diesel
Diesel is more expensive that gas
People who need diesel are prepared to pay MORE for the diesel.
Different tools to meet different needs.
Just like when I need to sync the carbs on my Vintage Honda CB750. Do I use the $100.00 manometer to sync the carbs? Heck no! I use a home made manometer that cost about $8.00.
Thanks!
The persistence market premium is interesting --- and noticed it was hardly impacted by the new post 2008 DPF equipped trucks and diesel being priced at par with gasoline.
I am trying to project forward and ask -- where will the premium be in 3 or 4 years when the bills for non warrantied emissions repairs start to creep into the picture.
Real interesting to see Ford (the last maker of a big block like gasser) put the V10 6.8 into the F450s and F550s in 2011, then went and put it in F650s and F750s for 2012.
The data suggest Ford is about to pull a Ecoboost out of the hat in a model year or two in the larger engine sizes.
Real interesting what is being accumulated behind the scenes in warranty costs for the Ford 6.7, GM / Chrysler 2008 and after.
Nobody is talking, but if I were to guess, warranty costs on the first gen DPF trucks are not cheap.
mowermech wrote: One should remember that "the books" (NADA, KBB, etc.) are merely guidelines. They may or may not be an accurate reflection of "the market".
When it gets down to the nitty-gritty, "the market" is what somebody is willing to pay. If nobody wants it, it has no market value, no matter what "the book" says.
There ARE those, however, who DO want used diesel pickups, thus "the market value" remains high. If (when) something happens to take away the demand, the used value will drop like a rock!
I have noticed that, there is a demand for VW turbo diesels regardless of the nightmares they are to keep running, people buy them and put 300,000 miles on them.
There is no question that a diesel light duty pickup truck is a niche market, close to being a cult like following for the Saabs, BMW diesels, etc.
If it is for towing a trailer over 9,000lbs, horse trailers, etc. there is really no replacement short of a true medium duty truck.
But so far, the small diesel (e.g. European like) market is not there, and from what I can see, will not be there anytime soon. Gasoline is too dominant here.
I know someone who runs a fleet of Diesels, Gas, Propane, etc. down the street --- and regularly put 1,000,000 miles on his fleet before selling. Got to see how his Sprinters are doing and what his next move will be when the Ford Transit comes available.
mowermech wrote: One should remember that "the books" (NADA, KBB, etc.) are merely guidelines. They may or may not be an accurate reflection of "the market".
When it gets down to the nitty-gritty, "the market" is what somebody is willing to pay. If nobody wants it, it has no market value, no matter what "the book" says.
There ARE those, however, who DO want used diesel pickups, thus "the market value" remains high. If (when) something happens to take away the demand, the used value will drop like a rock!
Yes, and KBB is kinda like the Zillow.com of auto/truck values. Seldom accurate and used by no dealer. In the Southeast (at least in Florida) the NADA book isn't even the bible. The "Black Book" (owned by Hearst Business Media) is most used by auto dealers. Unless one subscribes to the service, it's hard to get their pricing, though my brother tipped me to a credit union in Arkansas that had a link to it on their website that allowed you to get vehicle valuations. I used it when I bought my '05 Ram.
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