Forum Discussion
4x4ord
Mar 15, 2020Explorer III
blofgren wrote:4x4ord wrote:Me Again wrote:blofgren wrote:
It’s interesting to hear the Ford guys talk about how good their trucks are and then it becomes apparent that they’re trading trucks every 3-4 years; I would hope they’re good in that time frame. :) I remember one guy on one of the Ford diesel forms talking about how good his trucks have been and he only had 2 6.0L, 1 6.4L, and 2 6.7L trucks.
Maybe that is why they sell the most trucks???? I had my 93 RAM for 7+ years, and the 2001.5 14 years and now the 2015 for 4.5+ years with no plan to get rid of it anytime soon. If I live long enough the 2015 will surpass the 2001.5 in ownership years. It is a pretty nice truck.
So far I've appreciated the changes that technology brings. I'm looking forward to the day I can punch in my destination and have the auto pilot take over. I have absolutely no interest in keeping my truck for 15 years. You obviously must think there is some advantage to keeping your truck for a little longer period of time. I'm sure if there is ever a day that for some strange reason I wish I had an older truck I'll be able to sell my newer one and replace it with somebody's garage queen.
LOL, there is a clear advantage to keeping a truck for a longer period of time; there is a significant $ savings. I'm certainly not rich and am putting more away now to set myself up for retirement in about 15 years. The $25-30k (minimum) that it would cost me to upgrade my truck to new right now can be much better spent for other things for my family. For those people who have the dough to continually upgrade, all the power to you.
You're right in that if you keep the truck you have now for another 15 years, budget for repairs and discipline yourself to put extra money into savings, you will come out ahead some. You do, however, have to keep in mind that 15 years from now you'll need about 140,000 of that money you've been saving to buy yourself a new truck. The guy who budgets to replace his truck every few years also wants to be putting money away for retirement, but he's not having to skim 140k off his savings the day he retires.
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