And my guess is they're all A) rusted out, B) have at least 250k on the clock, or C) two wheel drive (not as important to some as it is to me) or some combination of the three. I remember a few years ago I was a teenager looking for a truck and was finding 4x4 88-98 Silverados for $1500-$2500 all day long in pretty good shape, now you find those same trucks with more rust and more mileage going for $4000 or more.
Here is the thing. With a new truck optioned comfortably in $WD you are looking at $45K easy. I did not give that for any of my 1st 3 houses.
I have 2 trucks both 04's. Bought used. Pickup has 145K on the clock and the van has 115K. I work out of the pick up. I intend to work that truck until it is done. It has a wee bit of rust showing here and there but you have to look for it. Was thinking of upgrading this year but at the current prices we will keep rolling what we have. Most folks are doing this these days. Run them until you can see through them. Sell it to a Hispanic and he will tape/wire it up and get another 100K out of it.
People are taking out 7 year "Mortgages" on new trucks. So right now looking at a 2013 they may still owe on it.