Used Diesel Truck Miles: How many is too many
I'm beginning to look at late model used 1 ton Diesel SRW trucks to tow my new Reflection 5th Wheel. My 1 ton gas Ram with the 6.4 Hemi tows it fine but with 3.73 gears I'm getting 6.9 MPG before putt...
Forum Discussion
RobWNY wrote:FishOnOne wrote:
If your looking to purchase a 1-3 year old truck you might as well purchase a new one.
If it was going to be my daily driver I would but since it's going to used primarily for towing, I prefer to let someone else pay for the huge depreciation that occurs over the first couple of years of ownership.
I agree with buying new unless your paying cash the interest rate will cover the depreciation.
A new car loan will yield a better rate than a used car loan. You will have a full warranty.
You will get a better deal because there are factory incentives on new trucks and no incentives on used ones.
Back to your question. I would hope the new truck would be driven less than 20K per year. But on a 1 or 2 year old truck engine mileage is not the true deal breaker because the truck has a 300-400K lifespan.
A 1-2 year old truck will have lots of life left in it.
