4x4ord
Alberta
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Joined: 12/23/2010
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ksss wrote:For as often as you trade, I think getting a '24 makes the most sense. The '23 your about to get will be in a couple months or since the '24's are already out, it already is, a year old (depends on if your going by calender year). You lose one year's deprecation for a couple months worth of use. I personally try never to get a new vehicle within the last six months of the current model year. Since you trade as often as you do, it would seem to be even more important. I ordered a '24 that is supposedly being built (I do have a VIN number now I guess), assuming it comes in December, I will get a full year's use before I depreciate due to model year. I do the same thing with heavy equipment.
I agree it’s nice to get a new vehicle when they first come out as opposed to at the end of the calendar year … especially when the dealer is not offering a big discount. However, In my case, I’m either going to own a ‘22 with 26k miles or a ‘23 starting with zero miles that hopefully has a bit of intrinsic value. I’m thinking the days of these trucks appreciating might be over but which one will depreciate less is hard to say.
2023 F350 SRW Platinum short box 4x4.
B&W Companion
2008 Citation Platinum XL 34.5
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FishOnOne
The Great State of Texas
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Joined: 02/12/2011
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Cummins12V98 wrote:FishOnOne wrote:Cummins12V98 wrote:I look at it this way. I have grown to respect your way of buying the next NEW truck hardly after the first oil change is required. Now to think of you possibly buying a USED truck is just shattering my respect for your style!!! ![[emoticon]](http://www.coastresorts.com/sharedcontent/cfb/images/biggrin.gif "biggrin")
Last week we purchased a "used" 2023 Ram 2500 Hemi with ~9k miles so some more shattered respect. We really didn't need it, but the price was good. My wife (she wrote the check) and I picked it up and drove it to the farm. Rides pretty smooth.
What is this RV Community coming to??? Next thing ya know I will be buying Sailun's.
China tires? I'll pass...
'12 Ford Super Duty FX4 ELD CC 6.7 PSD 400HP 800ft/lbs "270k Miles"
'16 Sprinter 319MKS "Wide Body"
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RetiredRealtorRick
Gulf Shores, AL
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Joined: 04/17/2020
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FishOnOne wrote:Cummins12V98 wrote:FishOnOne wrote:Cummins12V98 wrote:I look at it this way. I have grown to respect your way of buying the next NEW truck hardly after the first oil change is required. Now to think of you possibly buying a USED truck is just shattering my respect for your style!!!
Last week we purchased a "used" 2023 Ram 2500 Hemi with ~9k miles so some more shattered respect. We really didn't need it, but the price was good. My wife (she wrote the check) and I picked it up and drove it to the farm. Rides pretty smooth.
What is this RV Community coming to??? Next thing ya know I will be buying Sailun's.
China tires? I'll pass...
Michelin, Goodyear, Yokohama, Continental and Pirelli all have manufacturing plants in China as well, so look closely at what you might buy.
. . . never confuse education with intelligence, nor motion with progress
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wowens79
Georgia
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Joined: 01/05/2015
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4x4ord wrote:spoon059 wrote:
I feel foolish for upgrading a 10 year old truck, even though I'm pretty sure I'll need a dually. I can't imagine how I would feel upgrading a 1 year old truck...
There is only one way you can get around inflation ... never buy another new truck. So, although I realize the math doesn't work for most the way it has for me, I still think for those who will some day buy a new truck, the total cost of ownership for those who upgrade more often vs less often isn't terribly different. It does kind of depend on how interest rates affect you.
I upgraded to a 2022 last year from a 2002 with 268k miles that I bought new. My cost of ownership based on price, and repairs is about $0.12 per mile. That doesn't include the money made on investing the amount of a car payment over 20 years.
Granted I don't put many miles on my truck, nor is it used for business where it can be depreciated.
2022 Ford F-350 7.3l
2002 Chevy Silverado 1500HD 6.0l 268k miles (retired)
2016 Heritage Glen 29BH
2003 Flagstaff 228D Pop Up
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4x4ord
Alberta
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Joined: 12/23/2010
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How much did you have to dish out for the 2022?
Since 2010 my cost of depreciation, repairs and maintenance has been less than zero.
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Lantley
Ellicott City, Maryland
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Joined: 08/23/2005
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4x4ord wrote:How much did you have to dish out for the 2022?
Since 2010 my cost of depreciation, repairs and maintenance has been less than zero.
A while back I think you convinced me your buying new regularly was not as crazy as I thought.
Nevertheless your cost since 2010 has not been zero.
How much have you spent buying your trucks since 2010? Have you simply recirculated the same $50K over that time?
I have to agree that since buying a new truck in 2019 my repair cost have been much lower than when I purchased used late model trucks.
That said, I will hold onto this 2019 until its worn out!
19'Duramax w/hips,12'Open Range,Titan Disc Brake
BD3,RV safepower,22" Blackstone
Ox Bedsaver,RV760 w/BC20,Glow Steps, Enduraplas25,Pedego
BakFlip,RVLock,5500 Onan LP,Prog.50A surge,Hughes autoformer
Porta Bote 8.0 Nissan,Sailun S637
Correct Trax,Splendide
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Cummins12V98
on the road
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Joined: 06/03/2012
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FishOnOne wrote:Cummins12V98 wrote:FishOnOne wrote:Cummins12V98 wrote:I look at it this way. I have grown to respect your way of buying the next NEW truck hardly after the first oil change is required. Now to think of you possibly buying a USED truck is just shattering my respect for your style!!!
Last week we purchased a "used" 2023 Ram 2500 Hemi with ~9k miles so some more shattered respect. We really didn't need it, but the price was good. My wife (she wrote the check) and I picked it up and drove it to the farm. Rides pretty smooth.
What is this RV Community coming to??? Next thing ya know I will be buying Sailun's.
China tires? I'll pass...
Same here! I had to choke a bit buying the Continentals they are made in the Chez Republic. Continentals have a stellar rep with the DRV Community. Unfortunately the GY's did not hold up running at near max capacity.
2015 RAM LongHorn 3500 Dually CrewCab 4X4 CUMMINS/AISIN RearAir 385HP/865TQ 4:10's
37,800# GCVWR "Towing Beast"
"HeavyWeight" B&W RVK3600
2016 MobileSuites 39TKSB3 highly "Elited" In the stable
2007.5 Mobile Suites 36 SB3 29,000# Combined SOLD
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4x4ord
Alberta
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Joined: 12/23/2010
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Lantley wrote:4x4ord wrote:How much did you have to dish out for the 2022?
Since 2010 my cost of depreciation, repairs and maintenance has been less than zero.
A while back I think you convinced me your buying new regularly was not as crazy as I thought.
Nevertheless your cost since 2010 has not been zero.
How much have you spent buying your trucks since 2010? Have you simply recirculated the same $50K over that time?
I have to agree that since buying a new truck in 2019 my repair cost have been much lower than when I purchased used late model trucks.
That said, I will hold onto this 2019 until its worn out!
No, it hasn't been zero, it's actually been less than zero. I've spent $364,500 plus tax buying new trucks including the purchase of my 2011 King Ranch in the fall of 2010. If I sell my 2022 now, for what I am offered by the wholesaler I've been dealing with, I will have received a total of $374,000 plus tax for the sale of these same trucks. I'm certain I have spent less than $9500 on tires and oil changes ... I can only remember buying 1 set of tires, plus I have done of few oil changes, which I do myself. The total mileage put on the trucks I've owned in this time period is 224,000 miles. Again, I realize that this is not normal nor available to just anyone. As well, I think the time for this has likely about come to an end ... but it was good while it lasted.
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FishOnOne
The Great State of Texas
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Joined: 02/12/2011
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RetiredRealtorRick wrote:FishOnOne wrote:Cummins12V98 wrote:FishOnOne wrote:Cummins12V98 wrote:I look at it this way. I have grown to respect your way of buying the next NEW truck hardly after the first oil change is required. Now to think of you possibly buying a USED truck is just shattering my respect for your style!!!
Last week we purchased a "used" 2023 Ram 2500 Hemi with ~9k miles so some more shattered respect. We really didn't need it, but the price was good. My wife (she wrote the check) and I picked it up and drove it to the farm. Rides pretty smooth.
What is this RV Community coming to??? Next thing ya know I will be buying Sailun's.
China tires? I'll pass...
Michelin, Goodyear, Yokohama, Continental and Pirelli all have manufacturing plants in China as well, so look closely at what you might buy.
Trust me... I do
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S Davis
Western WA
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Joined: 08/11/2005
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For me mainly using my 2019 2500 hd for work it is modified(added 52 gallons of fuel with transfer pump, 560ah battery bank with 100amp alternator charging, 2400 watt inverter rear seat removed and bed platform installed, upgraded wheels and tires for 4500lbs per corner) so that is a big consideration.
I usually keep mine about five years because stripping my stuff out and reinstalling takes some time. In 2019 I traded a 2013 2500hd diesel with a little over 100,000 miles that I bought used and got more than I paid for it as well as a good price on the 2019, I did have to travel from the Seattle area to Twin Falls Idaho for it though.
That being said if my truck was not modified I would probably still stick with the older truck, especially if I didn’t care for lot of the upgrades in the newer model, but then i usually go with LT trim as I fell like there is less **** to go wrong.
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