4x4ord wrote:
SDcampowneroperator wrote:
Resisting the bug for new comes down to need, or reliability. Needs change, reliability is relative. Where once upon a time a truck with as low as 80k was done ( circa 1960s) , we now can depend on 250 - 400k mi. even more with dependability. Shouldnt that be that a factor in your decision to keep, trade or sell?
If a truck is looked after it could easily last 300,000 miles or 20 years but at the end of that period it is not worth much anymore and buying a new replacement feels like quite a blow. If I had waited till now to replace my 03 Duramax I’d be dishing out 75k difference to own a new truck today. Instead I dished out 35k difference in 2011; 25k difference in 2016; 14k in 2017 and now I expect to have to cough up another 25k to be into a new truck again. So instead of spending 75k replacing my truck once in 17 years it will cost me 99k. My cost of tires, maintenance and repairs over that 17 years was minimal which may have saved me a few hundred dollars per year, so after all, trading may have cost me $1000 per year more than it would have had I kept my 03 till now.
I like your analysis a really interesting way to look at it.
However I don't see 17K as being negligible. 17K is still a lot of money. Sure you can rationalize it as only 1000/year I get it.
But $17K is a substantial amount.
While I do enjoy a new truck. I'm a keep it until 300K kind of guy.
I can't see trading in a 3 year old truck that has been barely used to go new. The 3 year old truck has way to much life and value in it to walk away from. The wow/performance/glamour factor between brand new and 3 years old isn't very much.
When I traded in my 07 Duramax with 300K on it to buy my 2019 Duramax there was plenty of newness to celebrate!! LOL :B
