GMC Yukon XL 2500 pricing?

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clandr1

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Hey everyone,
I found a mint condition 2003 GMC Yukon XL 2500 4x4 with the 8.1L motor with only 60k miles on it. The dealer is asking $34k. This seems about 10k too high to me (maybe even 15k too high). My 1500 Yukon has been so great to me, that I wouldn't mind paying good money for a 3/4T 2003 model assuming it'll give me ~200k trouble free miles but I don't want to be bent over a barrel, either.

Am I out of touch on the market, or is this vehicle priced WAY too high?
 

S33k3r

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The used car market right now is insane. I'm fairly sure I could get $10k more for my Silverado than I paid for it, just over a year ago. That said, if this is what you want -- and you can afford it -- that is likely the price you are going to have to pay. When i was looking for a truck, I found a 2005 Silverado Extended cab 1500 with 78k miles on it, but the dealer was asking $17.5k for it -- and would not come down. In the mean time, I found a 2004 Silverado Crew Cab 2500 with 75k miles on it, and the person selling it only wanted $13.5k. I bought more truck for less money. Not saying you will be able to do that, but patience may or may not pay off for you.
 

bigdog9191999

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man almost seems 20k too much to me.

but in fairness i got mine a couple years ago for $1,200 2wd 160k 4.10 8.1
 
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clandr1

clandr1

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Yes, the vehicle market is insane right now due to supply chain issues preventing manufacturers from producing new vehicles at full capacity, and of course this has rolled down to impact the used car market.

I'm open to the idea of buying a new (to me) vehicle, even though my Yukon is still 100% serving it's purpose. My wife and I have three sons and we could use a suburban sized vehicle, so when this Yukon XL came up I started salivating a bit because I love the idea of a 3/4T four wheel drive, and the huge 8.1 motor just makes me giggle. I don't commute anymore, so the gas mileage wouldn't bother me.

It's been for sale since early August, so maybe I'll call this week and see if I can't haggle a bit.
 

Teamiez

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Def seems high, but seeing one of those in mint condition (thinking it has to be for that price) and that low of miles it’s gotta sell for Atleast $15,000 + to start. I would hope for 30 grand + its fully loaded to the T!
 

blueinkd

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man almost seems 20k too much to me.

but in fairness i got mine a couple years ago for $1,200 2wd 160k 4.10 8.1
I don't think that truck work over $10k cash. I understand supply is not good right now but buying a car is already a terrible investment, let alone at that cost. Even if he can afford.
 

TollKeeper

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It is a beauty, wonder what it was used for with the hitch in front and 2 trailer plugs in the rear
My best guess would be that it was used as a vacation vehicle ONLY, pulling a large WDH travel trailer/horse trailer. Driven hard for 2-3 months, and parked for the next 9-10 months.

Ran hard, put away wet.. Thats only 3500 miles a year.

Second plug is likely for a trailer battery system that would charge off the truck.
 

Teamiez

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My best guess would be that it was used as a vacation vehicle ONLY, pulling a large WDH travel trailer/horse trailer. Driven hard for 2-3 months, and parked for the next 9-10 months.

Ran hard, put away wet.. Thats only 3500 miles a year.

Second plug is likely for a trailer battery system that would charge off the truck.
My Tahoe actUally came with a brake controller harness & a fuse to put in the box that allows a trailer with a battery system to charge off the OEM 7 pin plug while in tow. Pretty neat.
 

TollKeeper

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I think they all come with that.. But some systems require more power than the 10 guage wire can provide, especially if they are equipped with the powered dolly legs..

My Envoy has the powered Center Pin too.
 

drseth

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I had one, used a quart of oil every 600 miles. 10-12mpg.

Personally, I would not buy from anyone except the owner-seller. You can learn more about vehicle’s history.
 

BigDogYJ

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They are pricing it due to 3/4, 4x4 and 8.1 which is pretty rare. Then the 30k miles they are using as an ax use for charging $15k over what it probably should be priced at (IF it was maintained properly!). At that point miles is good for judging wear and tear on interior and such, should have nothing to do with judging how mechanically sound it is, it is 18years old! Just because something only has 30k miles over that amount of time, doesn’t excuse one from maintaining and replacing fluids belts hoses etc. over the past 18 years. They are just as important with many miles or next to nothing. I bought mine with 180k on it and meticulously maintained. I had full confidence in it to drive across the country without worry. Something like that one without the original owners records and maintenance history really makes you wonder. It looks in great shape but when things sit they age at a different rate. Just some things to keep in mind. I understand how rare these trucks are in that combo but I think it should be priced closer to $20k or so. Depending on the maintenance history. If that’s all there and it was meticulously maintained then it could be closer to $25k or more. Go take a good long hard look at it and bring a friend or mechanic to look over it with you. Let us know how it works out.
 

JoeyTheStang

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That’s duraburban pricing. Hard pass on anything from a dealer, you don’t get deals on used cars at the dealer, maybe at a used car lot, most definitely in the private seller market.
 

S33k3r

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They are pricing it due to 3/4, 4x4 and 8.1 which is pretty rare. Then the 30k miles they are using as an ax use for charging $15k over what it probably should be priced at (IF it was maintained properly!). At that point miles is good for judging wear and tear on interior and such, should have nothing to do with judging how mechanically sound it is, it is 18years old! Just because something only has 30k miles over that amount of time, doesn’t excuse one from maintaining and replacing fluids belts hoses etc. over the past 18 years. They are just as important with many miles or next to nothing. I bought mine with 180k on it and meticulously maintained. I had full confidence in it to drive across the country without worry. Something like that one without the original owners records and maintenance history really makes you wonder. It looks in great shape but when things sit they age at a different rate. Just some things to keep in mind. I understand how rare these trucks are in that combo but I think it should be priced closer to $20k or so. Depending on the maintenance history. If that’s all there and it was meticulously maintained then it could be closer to $25k or more. Go take a good long hard look at it and bring a friend or mechanic to look over it with you. Let us know how it works out.
Honestly, they are pricing it in a manner in which they expect to collect, unfortunately.
 
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clandr1

clandr1

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I think between the low miles, excellent shape, used vehicle market, and relative rareness of this vehicle (trim level, options, etc.) this is a perfect storm for a dealer to think they can get top dollar for it. I checked the carfax history and my best guess is this was somebody's grandpa's travel trailer puller (the truck spent most of it's life in Oregon), and someone bought it at auction and now thinks they have a unicorn on their hands, and has priced it to match. If this truck was $10k lower, I probably would've already driven to MO to check it out, but given their price it's no surprise it's been for sale for more than a couple of months.
 

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