Cost of ownership.
What has it cost you per mile to drive your truck. I bought a new KR in 2011 and sold it in '16, then bought a '16 and sold it in '17. I put a combined total of 124,000 miles on the trucks. Includi...
Forum Discussion
Grit dog wrote:
the cost of ownership was something I was always super concerned about when a single vehicle made up a significant portion of my net worth......and I still am, because that's how part of my net worth has grown. By not making blind, uninformed purchases.
I agree that cost of ownership doesn't become meaningless as your net worth grows. It might actually become more concerning. An 18 year old might have a $4500 truck that represents half his net worth and he isn't the least bit concerned about cost of ownership. On the other hand a 60 year old retiree might have a $70,000 truck that represents 3% of his net worth and yet he could be very concerned about cost of ownership.
