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Which New Truck Do I Need?
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<blockquote data-quote="3Roosters" data-source="post: 57146" data-attributes="member: 1351"><p>A question that hasn't been brought up yet is...WHY buy NEW necessarily? Dang new ones depreciate like 20% the first year alone. Do you plan on keeping it for a long while or trade in a few years? If you plan on keeping for a long while..then yes..buying new makes sense..if you plan on trading in a few years..your depreciation will be money out of your pocket..better have a good vehicle with a good history of resale value.</p><p> How about the option of gently used? one right off lease perhaps?..program vehicle perhaps? Maybe one that still has some warranty left on it. Personally...since I don't like the Joneses anyway..so feel no need to keep up with them...so I buy used and not worry about the 20% depreciation and save that money for other toys that I must have. My.02</p></blockquote><p></p>
[QUOTE="3Roosters, post: 57146, member: 1351"] A question that hasn't been brought up yet is...WHY buy NEW necessarily? Dang new ones depreciate like 20% the first year alone. Do you plan on keeping it for a long while or trade in a few years? If you plan on keeping for a long while..then yes..buying new makes sense..if you plan on trading in a few years..your depreciation will be money out of your pocket..better have a good vehicle with a good history of resale value. How about the option of gently used? one right off lease perhaps?..program vehicle perhaps? Maybe one that still has some warranty left on it. Personally...since I don't like the Joneses anyway..so feel no need to keep up with them...so I buy used and not worry about the 20% depreciation and save that money for other toys that I must have. My.02 [/QUOTE]
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