2016 f150
07-29-2015, 12:07 PM
#11
I am waiting because:
1. I want the 2.7L and More luxury with the best mileage I can get in the F150.
2. To see if the 2.7L gets into the 502A (or higher)
3. To see if the 501A package gets a heated steering wheel or other features added to it for the 2.7L
4. Sync 3
5. For some of the issues to be ironed out from the 15
6. I'm Chugal (Cheap and Frugal)
I HATE depreciation
Of course with SYNC 3 there are bound to be complaints, etc as well.
Most likely I will wind up in a used 15 many months down the line and get in at a lower starting price.
If nothing else, once the 16's are out, the Year end closeout might put a 15 in my wheelhouse and I might pull the trigger on a new one and stomach more depreciation.
1. I want the 2.7L and More luxury with the best mileage I can get in the F150.
2. To see if the 2.7L gets into the 502A (or higher)
3. To see if the 501A package gets a heated steering wheel or other features added to it for the 2.7L
4. Sync 3
5. For some of the issues to be ironed out from the 15
6. I'm Chugal (Cheap and Frugal)
I HATE depreciationOf course with SYNC 3 there are bound to be complaints, etc as well.
Most likely I will wind up in a used 15 many months down the line and get in at a lower starting price.
If nothing else, once the 16's are out, the Year end closeout might put a 15 in my wheelhouse and I might pull the trigger on a new one and stomach more depreciation.
07-29-2015, 01:16 PM
#12
Senior Member
You can debate the merits of waiting for the second year of a new model, but there is one thing that is not debatable.
If you should have a warranty problem on your 2016, the service techs will have had a full year of experience on a new model truck.
You can't beat experience.
If you should have a warranty problem on your 2016, the service techs will have had a full year of experience on a new model truck.
You can't beat experience.
07-29-2015, 02:46 PM
#14
IMO, it's a never ending cycle.
The issues in the 2015 will be fixed with the 2016. The 2016 will come out with new features which will have issues. The 2017 will fix the issues with the 2016. The 2017 will come out with new engines/tranies that will have issues. The 2018 will fix those issues.....And so on and so on.
The issues in the 2015 will be fixed with the 2016. The 2016 will come out with new features which will have issues. The 2017 will fix the issues with the 2016. The 2017 will come out with new engines/tranies that will have issues. The 2018 will fix those issues.....And so on and so on.
Each model year is a gamble. Who's to say Ford doesn't change airbags in the 2016's and they end up to be faulty and are recalled? Or they use a new type of glue on the door seals that fails?
The 2016 may just be a improved 2015 with not a lot of noticeable changes outside of Sync 3 but it could be something like an airbag, glue, light bulbs, etc...something you don't know/see that change.
Nothing will ever be perfect in manufacturing. There's always going to be issues
The 2016 may just be a improved 2015 with not a lot of noticeable changes outside of Sync 3 but it could be something like an airbag, glue, light bulbs, etc...something you don't know/see that change.
Nothing will ever be perfect in manufacturing. There's always going to be issues
You will never be able to mitigate all risk in a manufactured product but that doesn't mean that you can't mitigate some. That seems especially reasonable for my case where I only just decided to get a new truck in the last few weeks. Due to a few of the options I need(max tow, extended tank, etc) I almost certainly need to order a truck rather than get one off the lot. I could do that now and get a 2015 or I could wait only a few months and the get 2016 that will have additional perks such as Sync 3.
If I had decided I needed a new truck in late 2014 then I would have gotten a 2015 and would have been fine with the additional risk. To me, it wouldn't have been worth it to wait an entire year.
Last edited by Dalingrin; 07-29-2015 at 02:49 PM.
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iamkhanz (08-19-2015)
07-29-2015, 03:30 PM
#15
Just do it!
Guys, I bought a redesigned Ford Taurus when they made it the "ovalsmobile" in 1996. First year for the new model. I had previously owned two other Taurus's and was reluctant to buy a new model. It was a GREAT car, and I never regretted the decision. So, when I saw all the wild features in the 2015 F150, the new look, 6 1/2' bed, twin panel moonroof, power everything, I went and ordered one and traded in my 2013 Silverado.
You can wait to buy a 2016, 2017 or even later, but you know, you're missing out on the sweetest ride that you'll ever enjoy in a truck. Is it worth the wait for sync3, or a cooled seat to work a little better? I say no. I've had a couple of problems with my truck, moonroof rattle, passenger side doors rubbing because of misalignment, but you know what, I just took it back to the dealer, had them fix it, and I'm riding around in the sweetest ride I've ever owned. I say go get a truck now, and enjoy it!! It's just so fun to drive and so comfortable, I am glad I got my order in early and have been driving it since May. Sync 2 isn't the best, I have to turn the chilled seats down because they get too cold, I'm getting 3 mpg better than the Chevy, and just love riding with all the windows open including the moonroof. And man oh day does the truck look good! Go get one!
You can wait to buy a 2016, 2017 or even later, but you know, you're missing out on the sweetest ride that you'll ever enjoy in a truck. Is it worth the wait for sync3, or a cooled seat to work a little better? I say no. I've had a couple of problems with my truck, moonroof rattle, passenger side doors rubbing because of misalignment, but you know what, I just took it back to the dealer, had them fix it, and I'm riding around in the sweetest ride I've ever owned. I say go get a truck now, and enjoy it!! It's just so fun to drive and so comfortable, I am glad I got my order in early and have been driving it since May. Sync 2 isn't the best, I have to turn the chilled seats down because they get too cold, I'm getting 3 mpg better than the Chevy, and just love riding with all the windows open including the moonroof. And man oh day does the truck look good! Go get one!
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colmeir2 (07-31-2015)
07-29-2015, 10:34 PM
#16
Senior Member
I'm waiting because I have to...Ford cancelled my order for a 2015 Heavy Duty Payload/Max Tow Package Lariat SuperCrew 4x4 3.5 Ecoboost truck that I placed in March.
07-29-2015, 11:50 PM
#17
Senior Member
I am waiting because:
1. I want the 2.7L and More luxury with the best mileage I can get in the F150.
2. To see if the 2.7L gets into the 502A (or higher)
3. To see if the 501A package gets a heated steering wheel or other features added to it for the 2.7L
4. Sync 3
5. For some of the issues to be ironed out from the 15
6. I'm Chugal (Cheap and Frugal) I HATE depreciation
Of course with SYNC 3 there are bound to be complaints, etc as well.
Most likely I will wind up in a used 15 many months down the line and get in at a lower starting price.
If nothing else, once the 16's are out, the Year end closeout might put a 15 in my wheelhouse and I might pull the trigger on a new one and stomach more depreciation.
1. I want the 2.7L and More luxury with the best mileage I can get in the F150.
2. To see if the 2.7L gets into the 502A (or higher)
3. To see if the 501A package gets a heated steering wheel or other features added to it for the 2.7L
4. Sync 3
5. For some of the issues to be ironed out from the 15
6. I'm Chugal (Cheap and Frugal)
I HATE depreciationOf course with SYNC 3 there are bound to be complaints, etc as well.
Most likely I will wind up in a used 15 many months down the line and get in at a lower starting price.
If nothing else, once the 16's are out, the Year end closeout might put a 15 in my wheelhouse and I might pull the trigger on a new one and stomach more depreciation.
If you could buy either a new 2015 or 2016 today, tomorrow the 2015 will be worth less as it is technically a year old. That is why we call it depreciation. However, you can likely save several grand on a 2015 that you can't save on a 2016. That really helps to even things out.
But here is the part that everyone seems to forget. If you go to sell either your 2016 or 2015 in a year's time and the truck has 15,000 miles on it, the 2016 will have the correct number of miles for a one year old vehicle but the 2015 will be much lower than average and every "blue book" I have ever looked at says to add money to the value of your sale/trade as it has lower than average miles for being, in this case, two years old.
So you can save a few grand on initial purchase price AND get an add back for low miles at the time you sell or trade it in. To me this at least makes buying the "one year old truck even though it is brand new" at least an identical deal if not a better one.
Is my reasoning flawed here?
NC
Last edited by NumberCruncher; 07-29-2015 at 11:53 PM.
07-30-2015, 12:36 AM
#18
I need some help with this one. I am a CPA and understand very well what depreciation is but nobody has been able to tell my why the way I look at it is incorrect and I am hoping you can.
If you could buy either a new 2015 or 2016 today, tomorrow the 2015 will be worth less as it is technically a year old. That is why we call it depreciation. However, you can likely save several grand on a 2015 that you can't save on a 2016. That really helps to even things out.
But here is the part that everyone seems to forget. If you go to sell either your 2016 or 2015 in a year's time and the truck has 15,000 miles on it, the 2016 will have the correct number of miles for a one year old vehicle but the 2015 will be much lower than average and every "blue book" I have ever looked at says to add money to the value of your sale/trade as it has lower than average miles for being, in this case, two years old.
So you can save a few grand on initial purchase price AND get an add back for low miles at the time you sell or trade it in. To me this at least makes buying the "one year old truck even though it is brand new" at least an identical deal if not a better one.
Is my reasoning flawed here?
NC
If you could buy either a new 2015 or 2016 today, tomorrow the 2015 will be worth less as it is technically a year old. That is why we call it depreciation. However, you can likely save several grand on a 2015 that you can't save on a 2016. That really helps to even things out.
But here is the part that everyone seems to forget. If you go to sell either your 2016 or 2015 in a year's time and the truck has 15,000 miles on it, the 2016 will have the correct number of miles for a one year old vehicle but the 2015 will be much lower than average and every "blue book" I have ever looked at says to add money to the value of your sale/trade as it has lower than average miles for being, in this case, two years old.
So you can save a few grand on initial purchase price AND get an add back for low miles at the time you sell or trade it in. To me this at least makes buying the "one year old truck even though it is brand new" at least an identical deal if not a better one.
Is my reasoning flawed here?
NC
07-30-2015, 12:39 AM
#19
I need some help with this one. I am a CPA and understand very well what depreciation is but nobody has been able to tell my why the way I look at it is incorrect and I am hoping you can.
If you could buy either a new 2015 or 2016 today, tomorrow the 2015 will be worth less as it is technically a year old. That is why we call it depreciation. However, you can likely save several grand on a 2015 that you can't save on a 2016. That really helps to even things out.
But here is the part that everyone seems to forget. If you go to sell either your 2016 or 2015 in a year's time and the truck has 15,000 miles on it, the 2016 will have the correct number of miles for a one year old vehicle but the 2015 will be much lower than average and every "blue book" I have ever looked at says to add money to the value of your sale/trade as it has lower than average miles for being, in this case, two years old.
So you can save a few grand on initial purchase price AND get an add back for low miles at the time you sell or trade it in. To me this at least makes buying the "one year old truck even though it is brand new" at least an identical deal if not a better one.
Is my reasoning flawed here?
NC
If you could buy either a new 2015 or 2016 today, tomorrow the 2015 will be worth less as it is technically a year old. That is why we call it depreciation. However, you can likely save several grand on a 2015 that you can't save on a 2016. That really helps to even things out.
But here is the part that everyone seems to forget. If you go to sell either your 2016 or 2015 in a year's time and the truck has 15,000 miles on it, the 2016 will have the correct number of miles for a one year old vehicle but the 2015 will be much lower than average and every "blue book" I have ever looked at says to add money to the value of your sale/trade as it has lower than average miles for being, in this case, two years old.
So you can save a few grand on initial purchase price AND get an add back for low miles at the time you sell or trade it in. To me this at least makes buying the "one year old truck even though it is brand new" at least an identical deal if not a better one.
Is my reasoning flawed here?
NC
The old lady would say "Show me the Spreadsheet!"(her family is all accountants), and I would say "Its my money and none of your business.."
And then I would be sleeping alone for a long time...
But seriously, I would have to write it all down (yep, on a spreadsheet) and project out future values, and work it backwards from values/pricing/miles of a 2009-2010 for Example. We know how the pricing went on that body style redesign.
Seems like a lot of work though...
When I say I hate depreciation, I just mean that if I buy something that is worth 50K today, it pains me to know that it is going to be worth 35-40K in 2 years. But I love vehicles, and its part of the game.
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NumberCruncher (07-31-2015)
07-30-2015, 02:45 AM
#20
Senior Member
A better, true cost measure is the cost of the vehicle purchased minus the money received when traded/sold/totaled/or recycled divided by the number of miles driven. If you wish you can add in any major repair costs. This will reflect your true cost of ownership per mile.
If you buy new and keep the vehicle in excellent repair until it is used up (250,000+ miles) you will probably have the lowest cost per mile of ownership, even with repair costs. Second will likely be to buy a 2-year old truck with low mileage and trade every 3 or 4 years. If you buy new, regardless of the model year, and trade every year or two, you will probably not be happy with the high cost per mile driven. A lease is pure cost where you are paying for the depreciation, taxes, and an excess for profit and risk.
To address your query, I think in most cases the "bonus" for a few less miles is less of an advantage than a newer model year.
If you buy new and keep the vehicle in excellent repair until it is used up (250,000+ miles) you will probably have the lowest cost per mile of ownership, even with repair costs. Second will likely be to buy a 2-year old truck with low mileage and trade every 3 or 4 years. If you buy new, regardless of the model year, and trade every year or two, you will probably not be happy with the high cost per mile driven. A lease is pure cost where you are paying for the depreciation, taxes, and an excess for profit and risk.
To address your query, I think in most cases the "bonus" for a few less miles is less of an advantage than a newer model year.
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NumberCruncher (07-31-2015)