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Old 02-01-2016, 11:51 AM   #81
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I disagree- to a point- to a degree-
Many times it's cheaper to keep 'er.
If it ain't broke, don't fix it.


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I'm stuck. For me, this is it - at least for now. My newly-delivered factory ordered F250 diesel is likely the last diesel I will ever be able to fit into - that is unless Toyota ever comes out with one. Starting in 2017, the Ford Super Duties will use the same passenger box as the current F150 series which I can't fit into; and Dodge made their changes 10 years ago of which I cannot fit into - and I could never fit into Chevy/GMC. :-P
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Old 02-02-2016, 06:09 AM   #82
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My 07 dodge with 6.7 and 6speed auto and 98,000 miles, and hasn't had any problems, when the time comes I will get another one...
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Old 02-02-2016, 06:37 AM   #83
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I am not brand follower,I just buy the product that has the lowest cost of ownership with the comfort that I require and gets the job done properly.
Not saying this is for everyone but it works for us.

I have been in the automobile business for 40 years and still learning!
I have never been in the automobile business unless you account for all of my own vehilcles that I fix and keep on the road. I can foresee my abilities being more and more limited as the complexity of vehicles change at an exponential rate - where they can only be fixed by a dealership.

Tell me - how does the average guy like myself find out which product has the lowest cost of ownership? Where do you research this information? A three year old gas vehicle really shouldn't have much of anything go wrong with it no matter what the brand. They all seem pretty reliable these days (except for those nit picky recalls).

What I read out of your thread is that it will cost you approximately $5k/year for depreciation cost. Do you ever factor in ad valorem tax or the higher insurance cost on a newer vehicle? Here in Kentucky we get socked pretty hard with taxes and surcharges (taxes) on the vehicle insurance much to a point it discourages people from wanting to get a newer vehicle (or at least folks in my income bracket).
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Old 02-02-2016, 08:06 AM   #84
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I think you miss understood what I was saying.To minimize you loss due to depreciation you cant drive a $60k-$70 truck (Ford,Dodge ,Chev,Mercedes ,Porsche or VW) till the wheels fall off.If you are one that takes care of there vehicles you are better off trading at a regular interval.I trade every 36mos for approx $15k.That is as cheap as it gets with this expensive of a vehicle.So the cost per year is the same per year as a loaded F150 or less.

Trying to keep up with a high mileage older vehicle (there are always maintenance fees)is not my idea of a good time traveling( I have done it but now I don't have to).Then trying to trade it off with it little value is painful.
I am not brand follower,I just buy the product that has the lowest cost of ownership with the comfort that I require and gets the job done properly.
Not saying this is for everyone but it works for us.

I have been in the automobile business for 40 years and still learning!
Any which way you slice it or dice it buying and using a vehicle or truck is a loosing proposition. Its a machine that depreciates and needs regular upkeep to keep it running. I missed the window for a high value trade with my 2012 F-150 so now I will experiment how long I can push it. At 70,000 I replaced the Tires and Shocks and other than a $ 110.00 repair it has been only Oil and Filter changes. Of course I only use it to tow our 30' International.
I have a 1998 Explorer I bought new with 125,K on it I use as a beater around town. That thing just don't want to die. I don't do anything to it.
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Old 02-02-2016, 08:26 AM   #85
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Indiana has their annual vehicle excise tax that slowly decreases with time. In 2006, the new 2007 Mercedes excise tax was around $1,200 for the year. This year at model year 10 in age, the tax is $50.00 and will remain at that level. This reduction in excise tax helps fund the out of warranty maintenance costs.

Our 2012 Dodge excise tax started in 2013 at $307.00 (note that the one time sales tax was paid at purchase) and this year (2016) is down to $207.00. Itbwill eventually get down to $50 as well.
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Old 02-03-2016, 08:46 AM   #86
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Tell me - how does the average guy like myself find out which product has the lowest cost of ownership? Where do you research this information?
Not sure why no one is listening to me...so I'll REPEAT:

The better source is Consumer Reports.

Want to know safety? Look at CR.
Want to know maintenance/repair cost? Look at CR.
Want to know insurance cost? Look at CR.
Want to know depreciation cost? Look at CR.
Want to know fuel cost? Guess.

Another source are fleet owners. If you think owning one vehicle is a pain, try owning a fleet of pain. Make a list of expected repairs, and find out the shop time for the repairs, and compare.

The bottom line is none of them are as good as a car. All of them way too expensive. All of them require too much debt and risk. After 8 years of ownership, expect to pay $70K to own/operate the vehicle. You might save $1-$2K after 8 years by choosing one model over another...which isn't that much over 8 years.

You are better off choosing a vehicle that you will enjoy during those 8 years. For me that means less driver fatigue for long period of driving and parking lots, noise, smooth shifting, enough power to not overload the engine, and I hate dark interiors with low visibility. But I also hate the emasculated look of the F150.
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Old 02-03-2016, 09:19 AM   #87
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You cant keep them that long.

Is there something wrong with the fact that a person cant expect to reliably drive a $60,000 vehicle for that long?

I guess I might be old fashioned, but I think a vehicle that costs that much should generally be reliable for at least ten years.

I used to play the "trade game" when I was young, but now I buy vehicles that I think will last a long time without breaking the bank. For me, the best vehicle is a paid off vehicle, and freedom is when the payments end.


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Old 02-03-2016, 12:16 PM   #88
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What he said.
Amen!


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Old 02-03-2016, 10:05 PM   #89
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2016 Ford F150 vs F250

A vehicle is a machine and it wears out a piece at a time.Those expenses are added to the total overall cost of ownership.As it ages those repairs become more frequent and they all add up $100 here and $1500 there.The value of the vehicle diminishes to the point of no return.Some turn a blind eye to this and continue to feed the aging dying beast.Add up all your repair and replacement parts and you shall find that your vehicle is never really truly paid for.
Other people don't want the job of feeding the aging computerized beast and have learned and found ways to drive new luxury tow vehicles for a short term and replace it with a new one before its value is diminished for a reasonable sum.Always under warranty.They choose to keep their money in the bank and not invest it in a depreciating asset for a long term.Pay as you go so to speak.

To each his own......


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Old 02-03-2016, 10:58 PM   #90
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The other side of that coin is owning a vehicle for ten or more years and not spending $5,000 in repairs for the entire period of ownership.

For ten years @ 5K this is less than $50 a month. How much is the perpetual monthly payment to keep a less than three year old $60,000 vehicle?

If this is the determining factor, who puts more in the bank?

I don't mean to make this personal, to each his own, (I mean that), my point of contention is that so many accept expensive vehicles that are not reliable for more than a few years as being somehow normal, and then use this unreliability to justify spending more money to buy the same vehicle for more of the same.

I have to admit that I really like rolling the odometer past 200K miles on a vehicle that I have spent little in repairs on, and I really loath a vehicle that costs me a bunch of money before I turn 100K miles.

The manufactures can do better than this.




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Old 02-03-2016, 11:01 PM   #91
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Honestly, it is my opinion that Ford and GM see the people who pay premium for diesel power as ones who are willing to pay a premium at the service department too.

That kinda pisses me off.


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Old 02-03-2016, 11:05 PM   #92
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Yeah, the price of everything is pricing me out of the market, so are the crowded places. Thinking of going back to a cheap car and a tent.
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Old 02-03-2016, 11:07 PM   #93
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2016 Ford F150 vs F250

Fwiw,,,,

My Airstream is a 72....

My newest vehicle is an 08, and I have stated many times that it is the last brand new vehicle I will ever buy.

New vehicle pricing makes me think that the manufactures want to play me for a chump, rightly or wrongly, I take offense.

P.S. (Jake, at least you have a great diesel engine, unfortunately, it is the last good diesel that Ford put into a pickup)

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Old 02-04-2016, 02:51 AM   #94
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Vehicles are designed to last over 300,000 miles life expectancy.
Based on that, I may never get another vehicle.


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Old 02-04-2016, 11:41 AM   #95
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Is there something wrong with the fact that a person cant expect to reliably drive a $60,000 vehicle for that long?

I guess I might be old fashioned, but I think a vehicle that costs that much should generally be reliable for at least ten years.

I used to play the "trade game" when I was young, but now I buy vehicles that I think will last a long time without breaking the bank. For me, the best vehicle is a paid off vehicle, and freedom is when the payments end.


Brevi tempore!
I am with you on that. I find that with timely maintenance and a bit of care I have no problem getting 10 years out of my cars an trucks. And as I get older it's like giving up an old shue.
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Old 02-07-2016, 09:02 AM   #96
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Quote:
Originally Posted by m.hony View Post
Vehicles are designed to last over 300,000 miles life expectancy.
Based on that, I may never get another vehicle.


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One of the problems that seems to be getting worse is that manufactures don't keep parts around for the older vehicles and if available they have an astronomical price. Quality of aftermarket parts is hit or miss. Many of the aftermarket companies source parts from overseas that it can be tough to find a quality part.
Moflash and J. Morgan, thanks for your thoughts on keeping a newer vehicle, not sure if I can do this yet but it gives me something to chew on.
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Old 02-07-2016, 10:45 AM   #97
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Therein lies the problem.
Manufacturers no longer stock spare parts after 12 model years.


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Old 02-07-2016, 10:46 AM   #98
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Buy a new truck.
Pay $600 a month for 5 years.
Pay it off.
Drive it 10-15 more years with no note
Or:
$600 a month every month forever?
Hmm....


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Old 02-07-2016, 11:24 AM   #99
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I have a 2006 f150 with the 4.6 lt engine. It gets the job done for the few times a year that we go camping, but it feels underpowered when towing.

My next truck will be a f250, mainly for the increase of Carrying capacity. Once I load up the f150 with gear and fire wood, I'm close or over my weight limit.

Gas or Diesel? I'm leaning to the gas 6.2. For me it will be my daily driver. The extra 10k extra cost at the purchase and maintenance cost just don't seem to be worth it. It would take years to make up the cost difference if fuel.

So F150 vs F250? Totally go with the F250.
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Old 02-07-2016, 05:45 PM   #100
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2016 Ford F150 vs F250

Quote:
Originally Posted by m.hony View Post
Buy a new truck.
Pay $600 a month for 5 years.
Pay it off.
Drive it 10-15 more years with no note
Or:
$600 a month every month forever?
Hmm....


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If you drive 15k per year you have 75,000 miles when make that final payment.In 10 years 225,000 and in 15years 300,000 miles.How much have you spent during this time in replacement and repair? Your trade value is virtually nothing and how much will that new vehicle in 10-15 years ?Who knows.Now your trade is worth nothing your projected trade difference is approaching $70,000+
You have drove a worn out vehicle into the ground for what reason?

By the way $600 per month does not get you a $70k MSRP tow vehicle today unless you put 50% down and by the way there is no such thing as forever.
Contrary to popular belief it is also normally cheaper to drive a loaded with options vehicle than it is to drive the basic one,but I will save that for another time.
There is also no such thing as a free ride.


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