Contemplating the 2017 Platinum F350
I've got an opportunity to sell my 2016 Platinum for what I believe to be a very good price, especially reletive to what I paid for it. Then I look at what they want to go to a new one and I think I m...
Forum Discussion
huntram wrote:4x4ord wrote:
The way I'm looking at it is like this:
If I keep my current truck it will likely only be for 4 more years. At that time it will likely cost me about 45k to upgrade. If I upgrade now for 16k and again in 4 years for 32k I will have put out $48000 total over the next 4 years....not a big difference one way vs the other. Likely if I do it now I won't do it again for more like 6 years so it could end up being very close to a wash one way vs the other.
So in July 2014 I totaled my 2004 2500 Laramie CTD Dodge. Agree that it is an insurance payoff, not a trade-in but I got $24K for a 10 year old 3/4 ton. I negotiated for a 1 ton dually with Aisin transmission Laramie. Long bed crew cab. $65k down to $52k after rebates. $52-24=$28k loss in 10 years. $2.8K per year. Nowhere near $15k per year loss!
I'm suggesting it might cost me 48000 over 6 years trading twice......$8000 per year. So following an expensive program like mine for the next 25 years would cost me $200,000. The other extreme would be to be as fortunate as you and every 10 years pay 28k. So 70,000 over the next 25 years. For an older guy like me it's not really a big deal one way vs the other. For a 25 year old it might be a real big deal.
