Campfire Time wrote:
IdaD wrote:
I can buy a brand new Ram 2500 Hemi for $31-32k or a CTD model for $36-37k. Paying the extra up front and getting a brand new and better (imo) truck with a full warranty seems smarter than saving the money in return for 6 years and 80,000 miles of use.
Thank you! I love folks like you! You'll suck up the initial cost and I get a nicely maintained used vehicle that costs me half of what it cost you. and I'll still drive it 8 years! It's just getting broken in at 80k.
BTW, some of the best vehicles I've purchased had close to or over 100k. The truck in my sig had 85k on it when I bought it this past March. Of course I do most of my own work and I know what I'm looking at when I'm thinking about buying.
I get it with used cars, I'm just not seeing it with used trucks, especially diesel ones.
If you're comparing this Ford to a new Ram CTD, I'd be paying about $10k more. The difference on a used CTD or Duramax would be less because the Ford diesels tend not to hold value quite as well in the 6.0 and 6.4 years. So maybe figure an $8k to $10k price difference for 6 years and 80,000 miles. Admittedly I'm talking about a base Ram but that's really all I want options wise. If I buy that new Ram, at the end of that 6 years I've got a 6 year old truck with 80,000, and I know the history because it's my history (realistically less than 80,000 with my driving style, but for the sake of argument).
I guess to put it another way, I'd plan on keeping a new Cummins at least 12 years with the type of mileage I drive. Maybe more like 15 but lets just keep it at 12 so the numbers are even (my current daily driver is 14 years old right now). I doubt I'd keep the used Ford more than about 6 additional years. If that's the case, by buying new I'm paying about a third more up front for a truck that lasts me twice as long. And I'm eliminating some risk by getting a warranty for the first four or five or whatever years while I "get to know" my particular truck. Is that stupid of me?