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Are you worried about the rate of depreciation of your NEW Raptor?

  • No, not really. The truck is freaking awesome and will be a classic!

    Votes: 37 67%
  • Kind of, but there is nothing really like it out there. I just try not to think about it...

    Votes: 13 24%
  • Yes, I just hope I don't take too much of a loss on it when I sale it or trade it in.

    Votes: 5 9.1%

Anticipated 3 Year Depreciation? Concerned..

13K views 21 replies 18 participants last post by  WarSurfer  
#1 · (Edited)
Generally speaking, I have always been against buying a new car for the simple reason that the novelty of having something brand-new is quickly tarnished by the realization that the value is rapidly depreciating. Knowing the 1st owners take the biggest hit.

And without either a trade-in, large down payment, or a short payment plan, you could easily find yourself "underwater".

Sobering to say the least....

However, with the realization that I have to sell my Bronco this year (too much maintenance due to rusted underbody), I needed a truck that was as good - if not better. This is how I was smitten by the Raptor.

I was 95% sold on buying one this June/July after lining up all my ducks in a row for the optimal scenario, however, I happened to run across another forum for another used vehicle (2008) that is a great value.

Without specifically naming the vehicle and potentially created more market competition. Think of something along the lines of a $80K+ luxury truck for the price that I am planning on buying a SCREW Raptor- $40K - $45K.

Thats a wakeup call! :158:

Sure the Raptor is "special" and I am sold on the concept and Baja look, however, that doesn't mean that there weren't other special trucks a few years ago that go under the radar. Meaning, special in other ways - say handling and performance while still maintaining decent towing ratings. Handling and performance is something that I am more likely to frequently appreciate as a daily driver.

I tried to do some research to figure out the 3 year anticipated depreciation and since this is a new truck, there is no good history to go off of.

The best I could do as a benchmark is a 2008 Ford F-150 Harley Davidson SCREW.

MSRP: $36,500
Current Value : $25,000 -$27,000

Thats a 30% loss of value in 3 years! Ouch!!

This doesn't take into consideration how many are made or the SVT moniker (not sure it really matters).

So what do you think the anticipated loss is in 3 years? Do you think it is worth it?
 
#4 ·
I think if you're into buying vehicles with the hope that you'll not get beat-up when re-selling or trading is a pipe dream - if you want an investment buy stock ... not a vehicle.
lol... :iagree:

Sometimes I think I am being too analytical, however, there has to be an acceptable threshold. No one wants to be "that guy" who took the biggest hit while owning the same piece of property.
 
#5 ·
I can tell you this...

Getting $4300 off MSRP on my Raptor sure makes me feel MUCH better about depreciation, when I see used ones priced at the same level I'm ordering my new one for!

If you pay sticker, or stupider yet OVER sticker... you're going to get hammered. Negotiate a smokin' deal on a new vehicle, and the hit won't hurt as much.

You can't compare depreciation of a $80K+ luxury vehicle though... anything over $60K that isn't a collectible is going to fall HARD the first 2 years.
 
#7 · (Edited)
I paid an outrageous price for my last truck - $14,000 (barely used) for a 1992 F-150 and now it ain't worth sh!t, hardly. :4-dontknow::i_rolleyes: I paid an f'ing outrageous price for my 2011 Raptor (brand new) and plan on keeping it for the next 20 years again (if it ever gets here). I bet, come then, it won't be worth ch!t, either!:gy:Regardless of depreciation, I'll get my money's worth out of it - it's the truck I always wanted!:smileup: I plan on driving the wheels off of it (ummmmm.... wait, that literally just happened with my '92) - WHERE'S MY RAPTOR??

Todd

P.S. Anyone wanna buy a slightly well used '92 F-150?

EDIT: I just put that wheel back on.
 
#8 ·
Buy it right, maintain it, and you be able to sell it after 10 years for a good price. People who get all sweaty about "All the money your going to loose in depreciation in the first year" forget a valuable point.
Depreciation has no effect unless your going to sell it. So, who cares? Am I going to sell my Raptor within the next 3-5 years? Nope, probably not.
In the mean time, you have a new vehicle to drive with no worries about breakdowns and other problems associated with older high mileage vehicles.
 
#9 ·
I haven't read the posts here yet, but my opinion would not change. I've had ford cars and loved them.

I gave up my chevelles to be a good husband and father, 30 plus years ago. Now I'm gonna ride my final years in something fun. Go to disneyland and see how much you'll piss away to have as much fun as a Raptor represents.

I've bounced around in a wrangler for the past 10 years. I'm ready! It's here, or almost here!! No regret!!! What's left of it, I'll leave to my son.
 
#10 ·
Talk to any CPA and they will tell you buying new makes no sense. The one possible exception is if you can write it off to your business. None of us on this site today will live long enough to see a collector value from the Raptor. Many in the Lightning world bought new trucks and put them in hibernation with the hopes they could make a buck in the future. So far that plan is not working out and they never got to enjoy an awesome truck.

If you like it and can afford it, buy it. If you are worried about what it MAY be worth in three years go buy a used something that suits your needs and hopefully won't nickel and dime you to death.
 
#11 ·
Talk to any CPA and they will tell you buying new makes no sense. The one possible exception is if you can write it off to your business. None of us on this site today will live long enough to see a collector value from the Raptor. Many in the Lightning world bought new trucks and put them in hibernation with the hopes they could make a buck in the future. So far that plan is not working out and they never got to enjoy an awesome truck.

If you like it and can afford it, buy it. If you are worried about what it MAY be worth in three years go buy a used something that suits your needs and hopefully won't nickel and dime you to death.
Amen. Buy your ticket and enjoy the ride!!!
 
#14 · (Edited)
I don't plan on selling this truck for a very long time. when the motor finally dies, I'll just drop in a crate motor and keep going. This truly is a one of a kind vehicle.
Yeah, that is how I am with my Bronco now. Since I have a small shop in my garage, I can do an engine / tranny swap solo in a couple of weekends. Especially since the wiring and plumbing is minimal in it.

It is a good feeling to know that you can keep it running no matter what.

With that said, I think the feedback here speaks for itself..

Either I will buy the Raptor new and eat the unknown depreciation (did someone say "grab your ankles and pray"?) or wait a few years for the depreciation to shed a bit and then buy a Raptor.

There is no doubt that this is a vehicle I will own at some point - barring all the hype, the question is if now is the smartest time.

I guess we will all know how this turns out for me in 6 months :wavey:
 
#15 ·
Well you could see if you can find a 2010 Scab on a dealers lot...either new or traded in. I am sure a dealer will be motivated to move a 2010 as the 2011's are hitting the lots now.

Sent from Samsung Galaxy Tab using Taptalk Pro.
 
#16 ·
Talk to any CPA and they will tell you buying new makes no sense. The one possible exception is if you can write it off to your business. None of us on this site today will live long enough to see a collector value from the Raptor. Many in the Lightning world bought new trucks and put them in hibernation with the hopes they could make a buck in the future. So far that plan is not working out and they never got to enjoy an awesome truck.

If you like it and can afford it, buy it. If you are worried about what it MAY be worth in three years go buy a used something that suits your needs and hopefully won't nickel and dime you to death.

If I wasn't depreciating mine out as a business expense there is no way I would have bought one, I would have just kept driving my 03 King Ranch, but luckily I can drive the Raptor for 4-5 years depreciate it out save a bunch of taxes and get another one.
 
#17 ·
It is important to get a good deal to begin with. The reward for deprecation is having the pleasure of owning and driving the new vehicle.

Years ago I would flip new cars over every 1-3 years to have newest, best, etc. That was a waste of money. I now hold on to cars allot longer, the keepers, I hold onto indefinitely. My 97 Jeep has just 56K miles, and I have no intention of letting that go for at least another 6+ years. My 2000 Excursion has 107K and I am keeping that too when the Screw finally comes in.

I plan to keep the Screw around for many years to come too hopefully.

I don't buy cars/trucks for investments as that is a pipe dream that you tell yourself, that your going to make money on it. It is rare that you make money on a new car purchase. I buy it because I want it, or I need it, and can afford it.

Ford should be thrilled that there are all of us out here who have bought, ordered, going to order or want to order the Raptor, especially in todays economy. I guess they understand market demand, and if they build it right and listen to the consumer/end user, we will show up at there dealerships to buy them.
 
#19 ·
Without specifically naming the vehicle and potentially created more market competition. Think of something along the lines of a $80K+ luxury truck for the price that I am planning on buying a SCREW Raptor- $40K - $45K.
Ok, you peaked my curiosity, I want to know what 80k+ truck you are speaking of!
I don't think there are enough people reading these forums to create any additional market interest as for the most part we are all diehard raptor lovers :smileup:
 
#20 ·
I'd say if you are worried about the resale with this truck you probably shouldn't get it. Admittedly it is a niche vehicle and not many will appreciate the price that we pay once we go to sell it. It will probably go for just over a normal f150
 
#21 ·
As has been stated, pretty much any vehicle is a depreciating asset, the trick is to keep it long enough to get the value out of it. I bought a slightly used Raptor 6.2L and saved $10K= over new with less than 9000 KMs onit, full warranty, etc... Someone else took the depreciation hit and I saved the $....the new car smell is not worth that much to me. I'd search around for a slightly used one if you can....there are always many available. And if gas prices shoot up, there will be a lot more for sale!
 
#22 ·
cost is a factor of supply vs demand. dealers can't keep them on the lot (except for the one's that are WAY overpriced). Lightnings sell for more than a regular F150, so will the Raptor. Buy a low mileage used model that still has a warranty and you should be ok.

I hope that 80k luxo truck isn't a RR. Speaking from experience, I would rather take an ass beating than own another Rover. Don't buy into the hype, they are shit on wheels and you WILL pay out the ass every single time you need to have it serviced.