out with the old and in with the new
So the King Ranch is heading out after 5 years of reliable service. Hopefully the new truck is as good. The cost of ownership was about 20,000 for fuel; 19,000 for depreciation; roughly 5500 for insur...
Forum Discussion
4x4ord wrote:
... I figured my '11 has strong resale value now and the new one was what I believed to be a good deal so I calculated that the old truck would have to remain trouble free for the next 5 years to come ahead financialy over trading. Had I kept the old one and then if something major were to go wrong with it, I'd be wishing I had traded.
I went through that exact same math with the 06 in my signature. (no, the 09 didn't replace it, I owned both at the same time, buying the 09 new in 09 and the 06 used 2 years ago)
I loved the 06, but I could no longer justify the need for two nice trucks, and rather than keep it and see the value go further and further down hill, I sold it 3 weeks ago.
