Saturday, June 3, 2017

Is buying a used Ford F250 a good investment?

Hi all, I'm considering buying a used diesel truck. It is a 2004 F-250 Super Duty Lariat with the 6.0L Powerstroke motor. 107k miles, lifted, all leather interior, bulletproofed, flawless. It is being sold for 19, which is a lot. I gotta trade my car in, and negotiate. Lets say i got it down to 16.5, or 17. Is that a good investment over time? Would it depreciate more over time than a say 2008 or 2010 vehicle?

It is in pristine condition and is flawless. I plan on having it for a very, very long time. 6-10 years what I'm aiming for. I take very good care of my vehicles and I'm IN LOVE with this truck, I test drove it yesterday. Can anyone provide insight on my situation? Thank you!

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