time2roll wrote:
If you buy a new vehicle today and you buy a new vehicle in 10 years you are set for 20 years. If you trade every 5 years you will have 4 new trucks in the same time frame.
I really think the first five years depreciation will be more than the second five years. And I think many are actually getting six, even seven year loans and if that is the case we are looking more in the 12 to 14 year trade in as far as I am concerned.
Read plenty of stories posted about trading in at 3 to 5 years over and over and I don't know how they do it except they must pull down more cash.
At the end of 20 years you have a ten year old vehicle one way vs a 5 year old the other. You need to make sure you start and stop your two scenarios at equal points .... so if you want to take it to 20 years then the best is end with a new truck in the garage at the end of 20 years... But why not just take it to 10 years ending with a new truck in the garage in both scenarios?
