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Trucks

So 140 K miles on your Ford? Besides brakes (is it only pads or do the rotars need work) and tires, your truck has no major issues.

Are you going to trade in your Ford, or sell it outright? If trading it in, what trade in value will you accept to get in to the Chevy?

I had Fords for my first 3 trucks (starting late 90's), then a couple POS Ram's, then went Chevy/GMC after that. Well, except for a 2013 Ram Sport I bought because my wife wanted me to sell my 2014 Sierra (was a nice looking truck - mild lift, 35" tires, custom wheels) because I could still get 30K for it outright (it had about 75K miles on it), and because I was able to buy that 2013 Ram for 17K and it only had 100 K miles on it. So pocket 13K, buy a truck 1 year older and 25K more miles, and supposedly smile about it.

Less than a year later, the Ram got the Ram lifter issue, and I had to trade it back in when I bought my 2020 AT4 3.0 diesel. Funny that a year later (it was April 2020 and Covid lockdowns in full bloom), the same dealer I bought the 2013 Ram from for 17K, gave me 17K trade on it and 10K off the new AT4. The Ram had 20K more miles on it by then, had a very loud lifter/knock issue with the engine, and I had backed into a big light pole on a jobsite and ruined the rear bumper. They still gave me 17K, same as I paid a year earlier, despite all of that. Dealerships were desperaate to move inventory at the time. I also got sub 3% rate on the 2020 AT4.

Anyway, for me I only trade up when it makes sense financially and/or it is simply time to get into a newer truck that can handle the workload I put on them. Which honestly isn't all that bad, but living above 6100 ft in Montana on a very rough road to my house the last few miles - those conditions do a number on a truck.
140K miles. Have never had it officially diagnosed but research tells me pads and rotors. Had a caliper replaced at work probably two years ago and it did nothing to the vibration. Only trade. KBB tells me it’s worth about $10,500, and I owe about $11,500. I wouldn’t honestly go through with it unless the math was perfect to benefit me. I got hosed on the financing for my F150 when I bought it so I learned there. The Chevy is a year newer and 40K less miles, and in better shape, so all that works. New development is figuring out that it is only a double cab, so that is a turn off. I want the full 4 doors for my daughter. So that may be a deal breaker completely.
 
So here’s mine. As long as the math works, Chevy monthly payment would actually be less. As of today, Chevy body is nicer (in photos), and 40K less miles on the Chevy. I have always been a Ford guy, but everyone close to me has always been Chevy people lol. I’d say only legit thing holding me up from 100% is mine is somewhat closing to being paid off. But yes, my Ford needs a brake job and needs 4 new tires.
why you trading if it needs tires. just fix it.
 
PSA for all those people out there like me that don't trade trucks for a brand new one every couple years.
Keep up with maintenance on your vehicles! Besides the obvious reasons of keeping a vehicle road worthy and saving future costs due to poor maintenance habits. For poor folk like me, a well maintained, clean older vehicle that you know is usually worth more, intangibly, than paying sales tax and car payments out the nose every few years by trading up. I've noticed if I start letting small items slip, like a cracked windshield, brake problems,etc. I subconsciously start to treat the whole vehicle like it's a piece of shit. Those small items start piling up and I start lusting over new trucks because mine doesn't seem "nice" anymore. Well, I had to tell my dumb self, "keep the truck you have nice, don't give the state another 3 grand in sales tax just so you feel better driving around". I'm too lazy to look it up, but I believe research has been done on people driving the same vehicle with dirty vs clean windshields, and a person tends to drive more carefully with a clean vehicle.
Obviously there is different situations for everyone, but for myself, if I funnel the money I would spend on the interest and higher registration, sales tax, insurance, etc of an expensive truck into maintenance rather than an ego trip, I've usually came out farther ahead. Not to go all Dave Ramsey, but unless you're a collector, a vehicle will always be only a depreciating expense, so why not keep that cost as low as possible?
Throw all this out the window if you're using your truck to make money, like Tman says. For my business, I consider a nice looking recent model vehicle to make money, so the metrics are different. This diatribe was mainly about personally owned vehicles you use to get groceries in lol. Also, if you're at a place to pay cash money for new trucks, than knock yourself out and buy what you want. But please don't pay more interest and sales tax to "The Man" than necessary if you are on a budget.
 
PSA for all those people out there like me that don't trade trucks for a brand new one every couple years.
Keep up with maintenance on your vehicles! Besides the obvious reasons of keeping a vehicle road worthy and saving future costs due to poor maintenance habits. For poor folk like me, a well maintained, clean older vehicle that you know is usually worth more, intangibly, than paying sales tax and car payments out the nose every few years by trading up. I've noticed if I start letting small items slip, like a cracked windshield, brake problems,etc. I subconsciously start to treat the whole vehicle like it's a piece of shit. Those small items start piling up and I start lusting over new trucks because mine doesn't seem "nice" anymore. Well, I had to tell my dumb self, "keep the truck you have nice, don't give the state another 3 grand in sales tax just so you feel better driving around". I'm too lazy to look it up, but I believe research has been done on people driving the same vehicle with dirty vs clean windshields, and a person tends to drive more carefully with a clean vehicle.
Obviously there is different situations for everyone, but for myself, if I funnel the money I would spend on the interest and higher registration, sales tax, insurance, etc of an expensive truck into maintenance rather than an ego trip, I've usually came out farther ahead. Not to go all Dave Ramsey, but unless you're a collector, a vehicle will always be only a depreciating expense, so why not keep that cost as low as possible?
Throw all this out the window if you're using your truck to make money, like Tman says. For my business, I consider a nice looking recent model vehicle to make money, so the metrics are different. This diatribe was mainly about personally owned vehicles you use to get groceries in lol. Also, if you're at a place to pay cash money for new trucks, than knock yourself out and buy what you want. But please don't pay more interest and sales tax to "The Man" than necessary if you are on a budget.

I’m a huge fan of not having a truck payment.

Like you said, I change the oil, filter, etc. and have any other required maintenance performed on it per the manufacturers maintenance schedule and oddly enough, they just keep going. It’s not a forever thing, because they are machines and all machines eventually break.

I’ve had the same 2018 Silverado since I bought it new in ’18. I don’t plan on trading it and while I can afford a new vehicle and have even looked with interest as some of the new offerings out there, I don’t actually need one. I would probably throw up stroking a $1000 check every month for a new truck or SUV to replace the wife’s vehicle.
 
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For pure curiosity, would this truck scare anyone with 156K miles on it? That number scares me even if it's a Chevy and does look very well maintained.
 
View attachment 64582


For pure curiosity, would this truck scare anyone with 156K miles on it? That number scares me even if it's a Chevy and does look very well maintained.

It really depends on it’s use and maintenance. At 156k, I’d likely not buy it unless I knew the previous owner. Assuming it’s a 5.3, which should be good for 250k if well maintained. I looks like it’s really clean and well kept, but at 156k, shit is going to start wearing out. It just happens. Might not happen for another 100k, but it’s a decade old.
 
It really depends on it’s use and maintenance. At 156k, I’d likely not buy it unless I knew the previous owner. Assuming it’s a 5.3, which should be good for 250k if well maintained. I looks like it’s really clean and well kept, but at 156k, shit is going to start wearing out. It just happens. Might not happen for another 100k, but it’s a decade old.
Right, same thought. Doesn't feel like it'd be beneficial trade at all.
 
Right, same thought. Doesn't feel like it'd be beneficial trade at all.

You’ll likely fairly substantial repair dollars to go with a used truck payment in the next few years. It’s really a crap shoot, but the odds are in favor of that happening.
 
I’m a huge fan of not having a truck payment.

Like you said, I change the oil, filter, etc. and have any other required maintenance performed on it per the manufacturers maintenance schedule and oddly enough, they just keep going. It’s not a forever thing, because they are machines and all machines eventually break.

I’ve had the same 2018 Silverado since I bought it new in ’18. I don’t plan on trading it and while I can afford a new vehicle and have even looked with interest as some of the new offerings out there, I don’t actually need one. I would probably throw up stroking a $1000 check every month for a new truck or SUV to replace the wife’s vehicle.
My wife paid her car off about 6 months ago, and the light at the end of the tunnel is starting to show for mine.
 
You’ll likely fairly substantial repair dollars to go with a used truck payment in the next few years. It’s really a crap shoot, but the odds are in favor of that happening.
Yeah that milage has to be a lot closer to 100K, and the monthly payment has to be a significant change to make that situation worth it. That's too bad, that's a really nice truck.
 
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