The Rising Value of Old Diesel Trucks
Prices for old diesel trucks are spiking, but what’s behind this sudden surge? Enthusiasts have long praised diesel trucks for their durability, with some even saying they “run forever.” The 7.3-liter Ford Powerstroke is particularly noteworthy, with its market value often doubling. On platforms like Craigslist and Facebook Marketplace, you can find older models with high mileage selling for the same price as a lightly used midsize SUV.
Buyers are drawn to older diesel trucks for several reasons. Firstly, they are mechanically simpler than their modern counterparts, making them easier to maintain and repair without needing specialized software or equipment. This simplicity is a major selling point, especially when compared to newer diesel engines that are often cluttered with sensors and complex emissions technology.
Emissions Testing Loopholes
Another significant factor is the emissions testing regulations. Many states have loopholes that exempt older diesel trucks from regular smog checks. For instance, Texas doesn’t test diesel vehicles for emissions, while Florida has no emissions program. Even in stricter states like California, diesel pickups built before 1998 are exempt from smog checks.
The 2022 diesel supply disruptions created panic, despite the shortage never fully materializing. This, combined with ongoing inflation and a decline in new diesel vehicle sales, has driven up demand for used diesel trucks. New trucks, with their hefty price tags and complex technology, are becoming less appealing to some buyers.
Older diesel trucks offer a sense of simplicity and rebuildability that newer models lack. While they may have their drawbacks, such as noise and oil leaks, these characteristics are becoming less of a deterrent for a growing number of buyers. As the automotive landscape continues to evolve, with stricter emissions regulations and increasingly complex vehicle technology, the appeal of these older trucks is likely to endure.
