Quote:
Originally Posted by mikracer
Van prices have been on the rise for the last 7 or 8 years because of #vanlife. The COVID definitely made things worse in terms of supply and demand so prices probably went even higher.
The drivetrain is going to have a large impact on whether you're paying KBB or an adjusted market price. 5.4 vans are the most common so they will most likely be closest to KBB. V10 vans have become very desirable due to the negative experiences people have had with the 6.0 diesel engines. V10 vans that are 2005 and newer have the 5r110 transmission which is more robust and easier to convert to 4x4 so they get an even larger tax. People are still paying large premiums for the 7.3 diesel engines so don't even look at KBB on those vans.
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Totally agree, throughout the last years I've been involved in 2 purchases, one for me and one for a friend:
- 2002 5.4 e350 150k miles with a hightop(old wheelchair van) in 2016 was $6,000 in CA
- 2003 5.4 e350 150k miles with the same hightop conversion as mine (busted limo conversion) in 2021 was
$8,500 in OR
That is $2,500 of diff 5 years later for a 1 year newer van. Some would say old vans are appreciating assets these times, from my experience I couldn't agree more.
This is good news as an owner, bad news as a buyer.
I've been looking at selling mine and getting a fuso since the family has grown since 2016, those seem to keep their price over the last 3 years that I've been looking for. My $.02