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154 Posts
The market shifted when Cash For Clunkers was in effect. That program removed thousands of affordable trucks from the market, so everyone who use to pay 4000-5000 for a truck ended up moving to a higher price category. The market hasn't leveled out since for vehicles with mediocre fuel economy. Hard to believe in 2008 I bought a 2004 4wd silverado with 69k miles for $8500. It's practically still worth that much, and would be worth more if it was an extended cab.
