225k 2014 roll the dice or pass?

[Obidonwan]

Greetings all, long time lurker first time poster. Cutting to the chase, I have an opportunity to check out a 2014 double cab z71 silverado this weekend for sale (dealer). Biggest issue is the miles 225k. Other issues are a full on front end crash 2 years ago (fully repaired) and smashed tailgate (currently). Truck appears well maintained and in great shape other wise. Dealer asking 11k. Any sound advice on if a roll of the dice at 8.5-9k is worth it? Am i better off starting at a lower offer or avoiding it all together? Im guessing trade in would have been in the 6,300 to 7,200 range?? Thanks for the input in advance and thanks for a great source for info of every kind on this forum.

[Snowcamo]

Pass! Wouldn't pay 5k for it

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[Lsgun1]

Pass, especially the price.

[NWI Denali]

Ya wayyyy overpriced if you ask my considering they probably have $5k in it at most..

 

Maybe a good buy at $6 or 7k.

[NWI Denali]

Not only the high miles, but also a first model year truck with a significant accident. There are literally no pro's to that truck haha

[Donstar]

Is this a GM dealership?  What type of warranty are they offering?  I'd consider a high mileage truck if it was in good shape and the price was right. ( I'd still get an independent , objective mechanical inspection.)   I am curious what a scrapyard would pay for an intact '14 Silverado.  Maybe find out and offer a couple of dollars more!  This way, the dealer makes something and you will have an idea as to what to expect at resale time.  

[Snowcamo]

Is this a GM dealership?  What type of warranty are they offering?  I'd consider a high mileage truck if it was in good shape and the price was right. ( I'd still get an independent , objective mechanical inspection.)   I am curious what a scrapyard would pay for an intact '14 Silverado.  Maybe find out and offer a couple of dollars more!  This way, the dealer makes something and you will have an idea as to what to expect at resale time. [emoji6] 

In that condition they would bid no more then $2500.

Op its not worth it unless you want a fixer. That ENTIRE drive train is waiting to fail.

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[It's Tim]

2 hours ago, Obidonwan said:

 Dealer asking 11k. 

Sounds typical for a BHPH / weekly payment lot.

[Donstar]

5 minutes ago, Snowcamo said:

In that condition they would bid no more then $2500.

Op its not worth it unless you want a fixer. That ENTIRE drive train is waiting to fail.

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I'm fortunate to not have to consider a high mileage vehicle as an option.  There was a time when I did.  Reduce your chances of catastrophic failure by having a thorough inspection.  This being said, if Op is considering this vehicle because it is the most he can afford, then I suggest finding a vehicle type that is cheaper to repair..   My 300k  K-Car purchase gave me 100K more for the cost of a fuel pump!

[L86 All Terrain]

That's a hard pass. They are throw away trucks at that point. 3-5 grand would be a good buy and you might get a year or so out of it before something very expensive breaks making it unfeasible to repair. 

 

Save up 15-20k and buy something that will last you 4-5 years without being a money pit. Sucks to have broken vehicles all the time. 

[Donstar]

11 minutes ago, L86 All Terrain said:

That's a hard pass.... 3-5 grand would be a good buy

 

This about sums it up based on the information you've provided, Op!  Let us know what you decide!

[Black02Silverado]

First year of a new model and those miles and a front end accident?  Pass!

[Grumpy Bear]

You double post this? 

[Obidonwan]

Yes sorry, double post, realized it was originally in the HD forum. Is at a legit dealership (non gm). Service records show religious upkeep on oil throughout life of vehicle. Agreed the driveline has taken its lifetime of rotations in only 6 years. Purpose of purchase is really as a second vehicle, ( work truck/weekend material runs). Great point on any catastrophic failure in driveline instantly makes this a money pit because of very little resale/trade in value. Interested because of service record and the possibility of getting another 30-50k miles out of it in next 5 years or so. Guess my cost analysis should include how much I'm willing to spend on 30k miles out of a highly used truck. Thanks everyone.  Undecided but the input is very well taken 

[JimCost2014]

21 minutes ago, Obidonwan said:

Yes sorry, double post, realized it was originally in the HD forum. Is at a legit dealership (non gm). Service records show religious upkeep on oil throughout life of vehicle. Agreed the driveline has taken its lifetime of rotations in only 6 years. Purpose of purchase is really as a second vehicle, ( work truck/weekend material runs). Great point on any catastrophic failure in driveline instantly makes this a money pit because of very little resale/trade in value. Interested because of service record and the possibility of getting another 30-50k miles out of it in next 5 years or so. Guess my cost analysis should include how much I'm willing to spend on 30k miles out of a highly used truck. Thanks everyone.  Undecided but the input is very well taken 

Drive it, and see what you think.

 

It is your constitutional right to negotiate a price, so if you like it, offer them something.