New truck, how often
11-19-2017, 05:06 PM
#12
Large Member
about every 3 years.
11-19-2017, 05:35 PM
#13
Senior Member
Also, about every 3 years. I lease & don`t put a lot of miles on my truck since I`m retired. My `17 XLT 4x4 has 650 miles on it & I got it in early May. I also have a `13 Mustang GT `vert I paid cash for when I retired that only has 1,900 miles on it. LoL
11-19-2017, 06:00 PM
#14
Your wife is right, you are crazy.
JK.
Actually, I don't think there's much rhyme or reason to when I change. I don't have a schedule for changing trucks. If you do, and you can afford it, it's OK by me. Changing every 3-4 years is an expensive proposition, though, unless you lease. If I was going to trade every 3-4 years, I'd definitely take a really hard look at leasing.
It probably depends some on how much traveling you do, too. If you're only racking up 5k miles per year, it might require some different justification than if you're racking up 30k per year.
JK.
Actually, I don't think there's much rhyme or reason to when I change. I don't have a schedule for changing trucks. If you do, and you can afford it, it's OK by me. Changing every 3-4 years is an expensive proposition, though, unless you lease. If I was going to trade every 3-4 years, I'd definitely take a really hard look at leasing.
It probably depends some on how much traveling you do, too. If you're only racking up 5k miles per year, it might require some different justification than if you're racking up 30k per year.
The problem people run into when buying is the amount of interest of the loan. There’s so much interest at the front end of a loan you don’t pay much of the principal so it takes longer to get the principal down.
Now compare a 0% or very low interest loan with leasing at the end of 2-3 years and you’re probably better off financing if the interest rate is very low.
11-19-2017, 06:16 PM
#17
Senior Member
I’ve had my truck for 2 years with 20k miles. I am currently looking to upgrade to a diesel super duty for work purposes. My last f150 I had for 10 years.
11-19-2017, 07:33 PM
#18
Senior Member
I usually do a 36 mo. NMD lease (typically the best "value" lease), then turn in & re-lease somewhere between 26 - 36 mo., pending available incentives.
11-19-2017, 07:45 PM
#20
Run it till it can't go anymore. Usually the body goes long before the drivetrain. Hopefully this will be different with the new aluminum bodies. Looking to buy a new one in the next year or two. Current truck is a 2000 with about 90k miles, just starting to get some rust at the bottom seam on the inside of the doors. It's been a great truck other than the crappy ignition coil packs and steering components (ball joints and tie rods).