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Used 2016 Platinum. Realistic purchase prices?

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Old 11-05-2017, 12:00 PM
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Default Used 2016 Platinum. Realistic purchase prices?

Hey folks,

I am on the hunt for a new to me 2016 F150 Platinum in Magnetic Grey, 4x4 , ecoboost. I am not a fan of buying new. Personally I would rather buy used and spend the savings on mods.

That being said I am curious:

What are you actually paying for used 2016 Platinum's OUT THE DOOR?

Is $40k OTD a realistic price for me to stick to when negotiating?

Thanks for the feedback.

Last edited by Anon User; 11-07-2017 at 11:06 AM.
Old 11-05-2017, 12:11 PM
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Originally Posted by Anon User
Hey folks,

I am on the hunt for a new to me 2016 F150 Platinum in Magnetic Grey. I am not a fan of buying new. Personally I would rather buy used and spend the savings on mods.

That being said I am curious:

What are you actually paying for used 2016 Platinum's?

Is $40k Out the door a realistic price for me to stick to when negotiating?

Thanks for the feedback.
in the northwest, 40k OTD wont be happening.

it really depends on location. Some people on here claim that 15-16 502a lariats and platinums are 33-35k, but I haven't seen anything remotely close yo resembling that.
Old 11-05-2017, 12:20 PM
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Originally Posted by MagneticLariat
in the northwest, 40k OTD wont be happening.

it really depends on location. Some people on here claim that 15-16 502a lariats and platinums are 33-35k, but I haven't seen anything remotely close yo resembling that.
exactly, for a '16 (depending on options - 4x4, 5.0 vs eco, tech package, etc..), one w/ options 4x4, etc.. w/ reasonable mileage (30k under) and clean title no body work done, my guess you are looking at least $45k sale price range + ttl (and difference in payoff/trade-in).
If you go with 50k+ mileage, you may get closer to your $40k sale price + ttl and difference.

I don't know where you are (state) and if you are trading, so its hard to say with OTD bc of taxes and trade-in's and payoffs, etc.

Last edited by butcher73; 11-05-2017 at 12:46 PM.
Old 11-05-2017, 12:47 PM
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I paid 48 brand new for my 16. 40 would be high to me for a now 2 year old truck.
Old 11-05-2017, 01:03 PM
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Originally Posted by UNBROKEN
I paid 48 brand new for my 16. 40 would be high to me for a now 2 year old truck.
Is your truck 2wd? I am just assuming since its lowered. That makes a huge difference in certain locations.
Old 11-05-2017, 01:06 PM
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Originally Posted by UNBROKEN
I paid 48 brand new for my 16. 40 would be high to me for a now 2 year old truck.

That is a great deal if its a Platinum with 0 miles. Where did you buy?
Old 11-05-2017, 01:11 PM
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Easiest way to find out what they are selling for in your area is to do a search on Cars.com, and/or autotrader. Search for a specific miles, and for all 4 high trims. You might be surprised to find that they are all within a few hundred of each other trim wise, some Lariats I have seen selling for more than the higher trims, mainly due to miles. Search within 150 miles to get a decent selection. Heck up by me you can get Limiteds for less than Lariats, mainly because a Limited is VERY limited use wise by me. They make for lousy farm trucks
Old 11-05-2017, 01:33 PM
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Originally Posted by UNBROKEN
I paid 48 brand new for my 16. 40 would be high to me for a now 2 year old truck.
wow that price is almost unbelievable! I stand corrected, shoot for under $40k and good luck finding one.
Old 11-05-2017, 03:24 PM
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In Utah, 3 months ago I bought a 2015 Platinum, white on black, loaded with every option and 25k miles. I felt like I got a great price at $43.9k +++.
Old 11-06-2017, 12:28 AM
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Two months ago bought a 2016 Platinum 4x4. Looked for 3-4 months and I couldn’t touch $40k. Got one with 35,000 miles for $42k plus tax. It was about $3-4,000 less than others I found.



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