Pricing a 2002 ford ranger
#1
Pricing a 2002 ford ranger
Ok, so i want to know what i would get if i sold my ranger, i want to know what its worth. I bought it from my uncle who rarly drove it and took very good care of it. It only has 112000 miles on it. It has a bunch of addons that an online pricer doesn't accept. The online pricer says i can sell it for about 5000. This cant be true since a friend of mine had his truck keyed and when the did the survey to see if they would need to total it it was worth 7000 dollars even tho his 4wd didnt work it has 279000 miles on it and is not in good outward condition. Mine is not a 4x4 but that should be a 2000 dollar difference. Would someone on here price it intelecually, or is there a website with a better pricer?
#2
RF Veteran
iTrader: (1)
Price for a used vehicle is set by Local demand.
Check local craigslist, Truck Trader, newspaper and ?? whatever local used vehicle advertising is available.
Don't include Used Car Dealer pricing, you are not a used car dealer and can't offer financing, lol, or maybe you can, up to you.
And what you are seeing in these advertisements are "asking prices" not "worth/value".
The value of a used vehicle is set by the BUYER, not the seller.
So when looking for similar vehicles and their asking prices also see how long they have been advertised, the longer the time the more likely the asking price is too high for local buyers.
You can ask $12,000 but might not get alot of calls, so pick any asking price YOU like, and then see if you get any calls, you can always lower it as time goes by.
3rd party add-ons are for the owners enjoyment, finding a buyer that wants the same add-ons is rare, so they may add some value but never what they cost the owner.
Looking at local Seattle craigslist 2001-2003 Ranger regular cab 2WD 3.0l asking price goes from $3,000 to $4,500
Not sure where Rocksprings is but probably not Washington, so look at your local craigslist
And just a heads up, an insurance survey/assessment is always valued way over actual value, when it comes down to actually paying out when a vehicle is totaled you will see a much much lower number, lol, and printouts of local craigslist ads backing up that lower number
Check local craigslist, Truck Trader, newspaper and ?? whatever local used vehicle advertising is available.
Don't include Used Car Dealer pricing, you are not a used car dealer and can't offer financing, lol, or maybe you can, up to you.
And what you are seeing in these advertisements are "asking prices" not "worth/value".
The value of a used vehicle is set by the BUYER, not the seller.
So when looking for similar vehicles and their asking prices also see how long they have been advertised, the longer the time the more likely the asking price is too high for local buyers.
You can ask $12,000 but might not get alot of calls, so pick any asking price YOU like, and then see if you get any calls, you can always lower it as time goes by.
3rd party add-ons are for the owners enjoyment, finding a buyer that wants the same add-ons is rare, so they may add some value but never what they cost the owner.
Looking at local Seattle craigslist 2001-2003 Ranger regular cab 2WD 3.0l asking price goes from $3,000 to $4,500
Not sure where Rocksprings is but probably not Washington, so look at your local craigslist
And just a heads up, an insurance survey/assessment is always valued way over actual value, when it comes down to actually paying out when a vehicle is totaled you will see a much much lower number, lol, and printouts of local craigslist ads backing up that lower number
Last edited by RonD; 03-07-2016 at 09:53 AM.
#3
Price for a used vehicle is set by Local demand.
Check local craigslist, Truck Trader, newspaper and ?? whatever local used vehicle advertising is available.
Don't include Used Car Dealer pricing, you are not a used car dealer and can't offer financing, lol, or maybe you can, up to you.
And what you are seeing in these advertisements are "asking prices" not "worth/value".
The value of a used vehicle is set by the BUYER, not the seller.
So when looking for similar vehicles and their asking prices also see how long they have been advertised, the longer the time the more likely the asking price is too high for local buyers.
You can ask $12,000 but might not get alot of calls, so pick any asking price YOU like, and then see if you get any calls, you can always lower it as time goes by.
3rd party add-ons are for the owners enjoyment, finding a buyer that wants the same add-ons is rare, so they may add some value but never what they cost the owner.
Looking at local Seattle craigslist 2001-2003 Ranger regular cab 2WD 3.0l asking price goes from $3,000 to $4,500
Not sure where Rocksprings is but probably not Washington, so look at your local craigslist
And just a heads up, an insurance survey/assessment is always valued way over actual value, when it comes down to actually paying out when a vehicle is totaled you will see a much much lower number, lol, and printouts of local craigslist ads backing up that lower number
Check local craigslist, Truck Trader, newspaper and ?? whatever local used vehicle advertising is available.
Don't include Used Car Dealer pricing, you are not a used car dealer and can't offer financing, lol, or maybe you can, up to you.
And what you are seeing in these advertisements are "asking prices" not "worth/value".
The value of a used vehicle is set by the BUYER, not the seller.
So when looking for similar vehicles and their asking prices also see how long they have been advertised, the longer the time the more likely the asking price is too high for local buyers.
You can ask $12,000 but might not get alot of calls, so pick any asking price YOU like, and then see if you get any calls, you can always lower it as time goes by.
3rd party add-ons are for the owners enjoyment, finding a buyer that wants the same add-ons is rare, so they may add some value but never what they cost the owner.
Looking at local Seattle craigslist 2001-2003 Ranger regular cab 2WD 3.0l asking price goes from $3,000 to $4,500
Not sure where Rocksprings is but probably not Washington, so look at your local craigslist
And just a heads up, an insurance survey/assessment is always valued way over actual value, when it comes down to actually paying out when a vehicle is totaled you will see a much much lower number, lol, and printouts of local craigslist ads backing up that lower number
#4
You can't expect to get anything extra for add on lights or a trailer ball. Around here (east Missouri) a 14 year old small truck with over 100K miles on it won't sell from a private owner for much more than $4K regardless of condition. There's just too many of them and most of them haven't had the mechanical upkeep that they should have. Of course, if you're willing to wait you may find an idiot with more money than good sense that will give you what you think you should get for the truck.
#5
What is sellign around me
https://chattanooga.craigslist.org/ctd/5462795833.html
That is the ford ranger that is selling near me that is the most simular, mine is almost exactly like it except white, stepside, brand new rear shock absorbers, and much much better engine quality
That is the ford ranger that is selling near me that is the most simular, mine is almost exactly like it except white, stepside, brand new rear shock absorbers, and much much better engine quality
Last edited by lego4x4; 03-07-2016 at 02:48 PM.
#8
RF Veteran
iTrader: (1)
The Craigslist ad is a used car dealer price, dealer won't get that unless he finances it, higher pricing is usually done for inventory reasons, high price listed on inventory means less taxes to pay, lol, and they have to advertise to establish the "inventory price".
This is why you can't use "dealer pricing" when looking at local pricing.
How long ago did you buy it for $3,000?
If it was within 2015 or earlier then yes that would be a good price.
Go ahead and list it, at a price you think is good, buyers will let you know if your price agrees with theirs
This is why you can't use "dealer pricing" when looking at local pricing.
How long ago did you buy it for $3,000?
If it was within 2015 or earlier then yes that would be a good price.
Go ahead and list it, at a price you think is good, buyers will let you know if your price agrees with theirs
#9
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