Forum Discussion
spoon059
Apr 23, 2014Explorer II
45Ricochet wrote:
All that rambling with a him pulling a 1998 Nash 22' TT. Your right, you don't need a diesel. Some of us do. Just saying :W
Long paragraphs are hard to read. I'll condense it for you to make this easier to read...
spoon059 wrote:
If you NEED a diesel, then you need a diesel. If you WANT a diesel and can afford it, go for it.
You are 100% right, I don't need a diesel. It would be moronic of me to pay extra for a diesel engine, a depreciating asset, in the hopes I could get some return on the investment when I sell it.
You, on the other hand, NEED a diesel. It would be moronic of you to buy a gas engine that doesn't produce the power necessary to move your rig.
Perrysburg Dodgeboy wrote:
My 2004 with a diesel is worth somewhere between $19,000 to $21,000 and gasser is maybe $10,000 tops. My diesel option was like $4,000 (will check later) so looks like I made a good investment.
Don
Not really Don.
First of all, you are more likely the exception, not the rule.
Second, I was giving investment rates on CD's, which are a low rate of return right now. To provide an example, my retirement plan has averaged a 16.9% rate of return over the last 5 years (don't have my 10 year stats available right now).
If we projected that 16.9% rate of return from when you bought your truck in 2004, that $4000 could have been invested and turned into over $19,000.
That is a $15,000 return on investment, as opposed to $9000 to $11000 return on investment. Again, if you financed that $4000 option, you would get less than $9-11. If you ever had any maintenance costs above that of a gas engine, that eats into that $9-11 return. So, from a FINANCIAL INVESTMENT ONLY point of view, you made a poor investment decision.
HOWEVER... (pay attention here Ricochet), if you NEED a diesel engine to haul your rig down the road and a gas engine wouldn't suffice, then the diesel was the right choice for you.
My entire argument is NOT against diesel engines. In fact, I hope to retire in 13 years and buy a diesel truck and a nice size 5er. My argument is that people on here that try to justify the purchase of a diesel engine in their truck as an investment are misleading others. It is NOT a safe investment, it is NOT a high yield return.
One more time for emphasis...
spoon059 wrote:
If you NEED a diesel, then you need a diesel. If you WANT a diesel and can afford it, go for it.
Does that clear anything up...? Hope so, but doubt it. Off to work I go, Can't wait to see what little snippets of this you guys pull out and twist while I am gone. CHEERS =)!
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