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Dec 30th, 2023
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 Re: Buying a new truck every year.
[Re: Pintail711]
#12634843
02/19/18 04:54 AM
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Joined: Jan 2010
Posts: 11,553
MrRoachie
TFF Guru
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TFF Guru
Joined: Jan 2010
Posts: 11,553 |
He probably gets a vehicle allowance Um.... He has a company truck. Valve sales. 100 thousand miles a year.
God loves you just as much as anybody else!!
Jesus offered His life as a gift for you. Please accept it!
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Re: Buying a new truck every year.
[Re: Dognot]
#12634848
02/19/18 04:59 AM
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Joined: Jul 2015
Posts: 19,769
Bee'z
honey boo boo
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honey boo boo
Joined: Jul 2015
Posts: 19,769 |
We rolled 180K on the truck last week. Give it 10 years and I may replace it.
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Re: Buying a new truck every year.
[Re: Dognot]
#12634866
02/19/18 05:35 AM
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Joined: Sep 2006
Posts: 10,035
Spiderman
TFF Guru
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TFF Guru
Joined: Sep 2006
Posts: 10,035 |
I replace trucks every 10 years. Perform Normal maintenance & you shouldn't have any major expenses...tires, batteries & oil changes.
Usually get 4 or $5,000.00 at that point. Sell out right to an individual.
His cost & expenses would be a lot higher.
The Truth is six of the seven Dwarfs are not Happy!
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Re: Buying a new truck every year.
[Re: Spiderman]
#12634871
02/19/18 05:49 AM
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Joined: May 2002
Posts: 15,473
K.D.
TFF Guru
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TFF Guru
Joined: May 2002
Posts: 15,473 |
I replace trucks every 10 years. Perform Normal maintenance & you shouldn't have any major expenses...tires, batteries & oil changes.
Usually get 4 or $5,000.00 at that point. Sell out right to an individual.
His cost & expenses would be a lot higher.
How would his costs and expenses be higher? All he would ever have to do is 2 oil changes a year. Hell never buy tires, never replace an alternator, never do a brake job, etc. I will use myself as an example to the OPs question. Im leasing a 2017 Tundra 5.7 crewmax. The truck has an MSRP of around $42k. I put zero down and have 36 payments of 441 a month. I will pay $15876 over 36 months. That works out to $5292 a year. And thats after interest and tax, title and license. I will never spend a dime on this truck as Toyota will cover the oil changes. When the lease is up I will do it all over again. The difference in me and the man in the example is I didnt have to pay 40k up front to get here. I work in the finance offfice of an automobile dealership. I know and expect Toyota to call me 6 months prior to lease termination and offer to put me in another Tundra for the same payment if I will trade it in. So yes, you can drive a new truck for 5k a year
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Re: Buying a new truck every year.
[Re: Dognot]
#12634874
02/19/18 05:51 AM
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Joined: Jul 2010
Posts: 9,520
TR176
TFF Celebrity
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TFF Celebrity
Joined: Jul 2010
Posts: 9,520 |
Never out of debt. May as well lease.
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Re: Buying a new truck every year.
[Re: Dognot]
#12634876
02/19/18 05:52 AM
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Joined: Oct 2016
Posts: 268
bluecatlakerat
Angler
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Angler
Joined: Oct 2016
Posts: 268 |
Well if you trade every 5 years on a $50,000 truck and get 20k for your trade in and finance 30k you pay around $500/month. So really it is costing him no more money to drive a one year old truck than you guys who trade every 5 years. I personally pay cash for clunkers and don't have payments just higher maintenance costs. But I am young and kinda enjoy working on cars and stuff. I am sure when I am older I will own more reliable vehicles I don't have to work on all the time.
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Re: Buying a new truck every year.
[Re: Spiderman]
#12634882
02/19/18 06:05 AM
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Joined: Oct 2016
Posts: 268
bluecatlakerat
Angler
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Angler
Joined: Oct 2016
Posts: 268 |
I replace trucks every 10 years. Perform Normal maintenance & you shouldn't have any major expenses...tires, batteries & oil changes.
Usually get 4 or $5,000.00 at that point. Sell out right to an individual.
His cost & expenses would be a lot higher.
It still is costing you $5000 a year to drive it, $55000 initial cost 10 years and sell it for $5000
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Re: Buying a new truck every year.
[Re: Dognot]
#12634888
02/19/18 06:55 AM
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Joined: Apr 2007
Posts: 7,587
crankn101
TFF Celebrity
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TFF Celebrity
Joined: Apr 2007
Posts: 7,587 |
So, rent a truck for $6K+ a year for the rest of your life?
No thanks
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Re: Buying a new truck every year.
[Re: Dognot]
#12634910
02/19/18 09:53 AM
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Joined: Jan 2012
Posts: 15,797
ko bass attack 27
TFF Guru
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TFF Guru
Joined: Jan 2012
Posts: 15,797 |
I haven't made a monthly truck payment in years.
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Re: Buying a new truck every year.
[Re: TR176]
#12634944
02/19/18 11:51 AM
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Joined: Mar 2011
Posts: 14,081
Bandit 200 XP
TFF Guru
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TFF Guru
Joined: Mar 2011
Posts: 14,081 |
Never out of debt. May as well lease.
Triton 200 XP
200 Yamaha 0X66
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Re: Buying a new truck every year.
[Re: Bandit 200 XP]
#12634963
02/19/18 12:27 PM
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Joined: Jul 2005
Posts: 23,035
Hard Rain
TFF Guru
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TFF Guru
Joined: Jul 2005
Posts: 23,035 |
Never out of debt. May as well lease. My first thought as well this is exactly the type of person that leasing makes sense.
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Re: Buying a new truck every year.
[Re: Dognot]
#12634985
02/19/18 01:05 PM
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Joined: Dec 2003
Posts: 36,383
Allison1
TFF Guru
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TFF Guru
Joined: Dec 2003
Posts: 36,383 |
I think you're neighbor is paying more than 5k per year for a new truck every year. Much more.
I don't think many people buy year old trucks for 5 thousand less than a new truck. How can anyone sell them back for that minus taxes? With rising truck costs they would have to sell them back for close to what they bought them for.
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Re: Buying a new truck every year.
[Re: Dognot]
#12635004
02/19/18 01:24 PM
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Joined: Jan 2005
Posts: 17,011
Pat Goff
TFF Guru
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TFF Guru
Joined: Jan 2005
Posts: 17,011 |
Yeah hes feeding you a line.
I buy low mile used trucks for work. I can assure you they lose way more than five grand the first year. Closer to fifteen.
Pat Goff Seadrift TX ![[Linked Image]](https://i.ibb.co/X48Kbbq/scooter-shallow.jpg)
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Re: Buying a new truck every year.
[Re: K.D.]
#12635016
02/19/18 01:32 PM
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Joined: Sep 2006
Posts: 10,035
Spiderman
TFF Guru
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TFF Guru
Joined: Sep 2006
Posts: 10,035 |
I replace trucks every 10 years. Perform Normal maintenance & you shouldn't have any major expenses...tires, batteries & oil changes.
Usually get 4 or $5,000.00 at that point. Sell out right to an individual.
His cost & expenses would be a lot higher.
How would his costs and expenses be higher? All he would ever have to do is 2 oil changes a year. Hell never buy tires, never replace an alternator, never do a brake job, etc. I will use myself as an example to the OPs question. Im leasing a 2017 Tundra 5.7 crewmax. The truck has an MSRP of around $42k. I put zero down and have 36 payments of 441 a month. I will pay $15876 over 36 months. That works out to $5292 a year. And thats after interest and tax, title and license. I will never spend a dime on this truck as Toyota will cover the oil changes. When the lease is up I will do it all over again. The difference in me and the man in the example is I didnt have to pay 40k up front to get here. I work in the finance offfice of an automobile dealership. I know and expect Toyota to call me 6 months prior to lease termination and offer to put me in another Tundra for the same payment if I will trade it in. So yes, you can drive a new truck for 5k a year I bought your Tundra for $33,600 at the end of the year. That included tax, title & license. Toyota had 0% financing for 5 years. 33,600 - 5,000 (sale after 10 years) = 28,600 / 120 months = $238.33. Granted there will be a couple of sets of 20" tires in there at $1,000.00 a set along the way
The Truth is six of the seven Dwarfs are not Happy!
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Re: Buying a new truck every year.
[Re: Dognot]
#12635021
02/19/18 01:37 PM
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Joined: Oct 2012
Posts: 25,326
ReelBusy
TFF Guru
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TFF Guru
Joined: Oct 2012
Posts: 25,326 |
Those Tundra's really hold their value Spiderman. 
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