4x4ord wrote:
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 insurance and registration; 1650 for tires and repairs; 850 for oil and filters. Grand total of 47,000 for 5 years and 92000 miles. $.51/mile.....not bad eh.
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Not bad at all. Ignoring the fuel costs which must reflect all your towing, that's $0.29/mile. (Guessing your $$ are Canadian)
I got that low once years ago, buying and selling a used car, but never with a new vehicle, even one taken to the junk yard 'cause of high mileage (150K and salt damage).
Although maybe with the 2005 Passat TDI if we hadn't given it to the daughter. It's up in Northern BC where there's no salt on the roads, and might just last forever.
Looks like I might try trading in my 2011 F150 as well this Spring. Doubt if I'll do as well as you did though.
Congrats on the new truck. Love the colour.