100K miles - what maintenance?
I have a 2005 CTD 2500 2WD that is getting ready to turn over 100K miles. I've had the truck since new and have done regular maintenance. Also ball joints, power steering pump, water pump, front bra...
Forum Discussion
4x4ord wrote:
^^^^ I see. I was mistakenly thinking he bought his truck new 7 years ago and it never depreciated in the first 7 years. He bought an eight year old truck 7 years ago. So his idea is that a truck depreciates for the first 8 years then stops depreciating for the next 7. I wonder when it will carry on depreciating again? I'm thinking I'd rather watch my new truck depreciate than my 15 year old one do the same.
According to KBB, my 16 year old truck has depreciated approximately $1,000 since I bought it used 7 years ago. If I were to replace it, which I could, the 8.6% sales tax on a $50,000 truck alone would be $4,300. The fact is, like me, the OP has a unique vehicle, a pre-emission Cummins with low miles. I live in the Northwest so rust is not an issue. Our trucks reliably do the job and I suggest our depreciation rates going forward will outshine those of a new truck.
