Coast Resorts Open Roads Forum: I'm curious to know what you would do?
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 > I'm curious to know what you would do?

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4x4ord

Alberta

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Posted: 10/30/23 09:19pm Link  |  Quote  |  Print  |  Notify Moderator

I am replacing my 2022 F350 Platinum with 26000 miles. I can replace it with an identical truck .... 9 months newer and 1/2 the mileage for $4000 difference .... or, for $14,500 (CAD) difference I can pick up a new 2023 high output Platinum that I ordered months ago that has finally come in.


2023 F350 SRW Platinum short box 4x4.
B&W Companion
2008 Citation Platinum XL 34.5

blt2ski

Kirkland, Wa

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Posted: 10/30/23 09:34pm Link  |  Quote  |  Print  |  Notify Moderator

If I was you, I would buy the 23, and order the new 24 or 25 truck while there, so I dont have to worry about not getting a new truck next year!

ME! I usually drive them until there dead around 10 yrs and 200K miles. I dont have the funds to trade in on a yearly basis.

Marty


92 Navistar dump truck, 7.3L 7 sp, 4.33 gears with a Detroit no spin
2014 Chevy 1500 Dual cab 4x4
92 Red-e-haul 12K equipment trailer

4x4ord

Alberta

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Posted: 10/30/23 10:38pm Link  |  Quote  |  Print  |  Notify Moderator

^^^My question to you would be …. If you were looking at replacing your 2014 Chevy and you could get a 2022 with 13k miles for $x amount or a brand new high output new redesigned 2023 for $x + $10,500 CAD ($7600 USD) which truck would you pick?

jfritz_drfritz

canada

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Posted: 10/31/23 05:26am Link  |  Quote  |  Print  |  Notify Moderator

Typically the largest depreciation is in the first year, if we assume you drive 26000 miles per year you can still sell it in one year with warranty remaining, also you would get a new truck that is not the first model year of a new design (usually the wanting is better than the having anyways)

JaxDad

Greater Toronto Area

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Posted: 10/31/23 05:39am Link  |  Quote  |  Print  |  Notify Moderator

4x4ord wrote:

.... 9 months newer and 1/2 the mileage for $4000 difference .... or, for $14,500 (CAD) difference I can pick up a new 2023 high output Platinum that I ordered months ago that has finally come in.


Have you considered what’s behind door number 3 also?

Assign the sale of your preordered ‘23 for current market price and end up with the ‘22 for free, possibly with cash in hand to boot.

FishOnOne

The Great State of Texas

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Posted: 10/31/23 05:49am Link  |  Quote  |  Print  |  Notify Moderator

I would drive the HO and make a decision.


'12 Ford Super Duty FX4 ELD CC 6.7 PSD 400HP 800ft/lbs "270k Miles"
'16 Sprinter 319MKS "Wide Body"


shelbyfv

TN

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Posted: 10/31/23 06:03am Link  |  Quote  |  Print  |  Notify Moderator

Agree. Check the new one carefully and move forward with what you really want. It's only $10K US.

wowens79

Georgia

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Posted: 10/31/23 06:22am Link  |  Quote  |  Print  |  Notify Moderator

I'd keep the one you have and drive it until it hits 250k miles. My last truck I drove for 20 years and 268k miles. Never any internal engine or trans issues.
As long as it stays reliable, I'd rather put the money in a camper, boat, or invest.


2022 Ford F-350 7.3l
2002 Chevy Silverado 1500HD 6.0l 268k miles (retired)
2016 Heritage Glen 29BH
2003 Flagstaff 228D Pop Up

RetiredRealtorRick

Gulf Shores, AL

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Posted: 10/31/23 06:32am Link  |  Quote  |  Print  |  Notify Moderator

If it were me, I'd keep my barely broken-in truck and put the money toward upgrading my 16-year old trailer . . . but of course, that's just me.


. . . never confuse education with intelligence, nor motion with progress

MFL

Midwest

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Posted: 10/31/23 06:33am Link  |  Quote  |  Print  |  Notify Moderator

I would take the new truck, gaining a year of trade-in value for the next new truck. That will cut the 4k 14k difference in half, when the time comes to move up again.

Someone on a tight budget, may think differently, but I don't think that is the case for either of us.

Jerry





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