Doing the MPG math on a new(er) truck
Greetings, Recently I was getting the 'itch' for getting a newer truck. My old Ford 1997 F250HD has served us well. We bought it in 2001 for $12K with ~92K miles on it and now it has ~124K miles. ...
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Around here to replace our truck would equate to buying a modest home, around 85,000 dollars, for something that depreciates at a fast rate.
A lot of that is just thrown out the window for sales tax, also if it is diesel( once a nice simple engine design) just more expensive downtime headaches.
Better to live with the devil you know, and use the interest on a new truck loan for fuel in the old one.
A lot of that is just thrown out the window for sales tax, also if it is diesel( once a nice simple engine design) just more expensive downtime headaches.
Better to live with the devil you know, and use the interest on a new truck loan for fuel in the old one.
