A GM 6.0 gasser is usually pretty bulletproof if maintained. Rust is their biggest enemy. Diesels are hit/miss and painfully expensive to fix unless you find a pre def version...Those are spendy now.
Based on the prices I've been seeing i would say $35k
I have a 2007 Dodge 2500 with 5.9 Cummins. I’ve owned it since 2009 and it’s my weekend chore and play truck. I put only 5-10k miles on it per year because it’s not a daily driver. I just do maintenance more by time rather than miles: oil and filters change annually, because I don’t like to let this go for 2 years even if I only drive 5k miles. I store it under a carport and it’s in good condition. I expect to be using it for years to come.
And stay away from the 6.4L Ford, too. I bought them because they were cheap, and paid all the savings back in repairs.
I'd be more concerned about rust, especially the frame, than high mileage. I've seen trucks with less than 50K with serious rust issues. I'm in the snow belt, so salt is a big concern. Crawl under the truck with a good flashlight.
I bought a new Volkswagen (Golf Alltrack) in 2019 brand new from a dealer for $22.5k. A few months ago Carvana gave me $30,500 for it after 2 years, 15k miles, and 100+ farts into the drivers seat.
I just sold my 1999 Jeep Wrangler, bought in 2003 for $2,500 more than I paid in 2003! I wish my stock portfolio held up as good.
Well, a Ford 6.0 PS is a good motor only if it's been bullet proofed early in it's life. I have a couple of buddys with them and they've been trouble free for as long as they've owned them (10+ years). On the OEM set up, not so much--Ford blew it on that one.
You can get pretty far into the weeds on this topic; yes, it can be a good motor under certain circumstances. But unless one's willing to do the research it's easiest just avoid it. Leave it for the guys who have done the research and willing to take the chance. That goes for buying, or advising other buyers. I've done the research and still don't feel comfortable recommending anyone else buy them. Low hanging fruit. Easy to cross off the list of potential buys, and no good reason not to cross it off when there are so many other options.
I just bought a 2004 5.9 full size quad cab. So far it's been good. Only a little rust up underneath otherwise it looks brand new. I paid $18.5k 3 months ago. it's got 153k miles.
Not the first time this sort of thing has happened. I bought a Nissan F10 sporty car in 1980 when I came into some month and sold it two years later for $4,000 more than I paid for it - I needed cash for a house down payment. Inflation can be very targeted, but rarely lasts all that long. I imagine we'll see some sanity in truck prices in 2023.
I hope you're right but I'm not putting any eggs in that basket.
