The good thing is an older truck rarely gets repossessed in any economy, good or bad. The insurance is usually affordable too. The bad thing is the high cost of monthly payments along with the higher insurance premiums can seriously affect getting a costly repair done on a newer truck. They don't build simple, cheap and reliable trucks anymore, so if you have one, keep it.
I got an 03 F-150 with the bulletproof 4.6L Triton V8/Automatic Transmission combo with 378K original miles. She’s rusty, but the frame is solid! She doesn’t miss a beat!
@@TheSickestNick I couldn’t agree more! Even for an old work truck, she still gets 16.5 mpg! With that being said, why should we get rid of something, like a truck, if it’s solid and reliable?
I feel the same way 06 f150 4.6 2 batteries and 1 alternator after 277000k all how you take care of your truck. Don't need a 70,000 nightmare that I can't work on. Keep it simple
The 1000 a month i would spend on a payment i spend on maintenence and upgrades. Its the first new truck i brought in 2014 and do all work and repairs myself. Luckily its a work truck so its a writeoff. Ive got spare engine, tranny, and gears for the diffs. Literally i have the parts to make my truck essentially brand new. And if anything goes wrong i can afford to fix it and chances are i already have the parts. I have shitty credit but take home 120k+ so i cannot afford a new truck in the current market due to prices and interest rates
As long as you can keep them on the road you’re golden. And keeping up on the maintenance is a big part of that to be sure. Also, and here’s where I’m getting to be with this truck, there comes a point when you’re tired of fixing stuff. Pushing that out as far as you can buys you time and miles as well
Keep your old truck until it's beyond repair. I own 2 trucks, both have over 100k on them. 1988 TOYOTA 1 ton duel wheel box truck. 10' long, 6'5" wide, 5'6" tall box. 2.2 R-E 4cyl. 2014 FORD F150 XLT XTR 4X4 302 5.0 Coyote V8. No 1 needs a $50k + truck. However, most people don't even use their truck to do truck work. Mine have scratches, dents, etc because they aren't pavmanent princesses. They have to earn their keep. That means hauling manure from the stable, towing the horse trailer, hauling hay, etc. I've never even owned a brand new vehicle. Can't see spending more on a vehicle than I did my farm. Had a 2014 Dodge Dakota crew cab for a few years, and when it started having to go to the mechanic every month I got rid of it. It was costing more in repairs than the cost of getting another vehicle. It had 384,762 on 4.7L Magnum.
Absolutely right. The truck manufacturers have done a really good job of convincing people they “need” a brand-new, fully decked out truck every few years…
The good thing is an older truck rarely gets repossessed in any economy, good or bad. The insurance is usually affordable too. The bad thing is the high cost of monthly payments along with the higher insurance premiums can seriously affect getting a costly repair done on a newer truck. They don't build simple, cheap and reliable trucks anymore, so if you have one, keep it.
Dad always said if you don’t have a car payment, you probably have a repair bill… it does make me yearn for the days of those simple, reliable trucks!
I got an 03 F-150 with the bulletproof 4.6L Triton V8/Automatic Transmission combo with 378K original miles. She’s rusty, but the frame is solid! She doesn’t miss a beat!
Awesome!! It kinda feels good to keep these old beasts on the road!
@@TheSickestNick I couldn’t agree more! Even for an old work truck, she still gets 16.5 mpg! With that being said, why should we get rid of something, like a truck, if it’s solid and reliable?
I feel the same way 06 f150 4.6 2 batteries and 1 alternator after 277000k all how you take care of your truck.
Don't need a 70,000 nightmare that I can't work on.
Keep it simple
Have a f150 supercrew 2010 with 160 thousand mi 4.6 3 valve looks get and runs awesome will keep it FOREVER interior is also looks new.
My truck is a 96' F150 and it's falling apart. The only reason I don't send it to the junk yard is because I can't afford a new or even an used truck
I feel it man. How many miles?
The 1000 a month i would spend on a payment i spend on maintenence and upgrades. Its the first new truck i brought in 2014 and do all work and repairs myself. Luckily its a work truck so its a writeoff. Ive got spare engine, tranny, and gears for the diffs. Literally i have the parts to make my truck essentially brand new. And if anything goes wrong i can afford to fix it and chances are i already have the parts. I have shitty credit but take home 120k+ so i cannot afford a new truck in the current market due to prices and interest rates
As long as you can keep them on the road you’re golden. And keeping up on the maintenance is a big part of that to be sure. Also, and here’s where I’m getting to be with this truck, there comes a point when you’re tired of fixing stuff. Pushing that out as far as you can buys you time and miles as well
I’ve got over 235,000 miles on my 01 dodge Ram 4x4 and it still runs great, I have however spent some big money on some major repairs
That’s pretty awesome. Even having to fix stuff, there’s a sense of victory you get, watching these old vehicles roll the miles…
@@TheSickestNick exactly, I’d rather spend 5000 on a new engine then 50 or 60,000 on a new truck
04 Tacoma 355,000 miles bought it new original spark plugs and runs like new
Heck yeah!
I found a 2015 f150 XL 5.0 V8 super cab with 206,xxx miles on it for $8,900.
That’s an awesome deal! Did you snatch it up??
@@TheSickestNick yes I borrowed a loan from my bank 🏦 for the first time.
My credit score is 819!!! Now
Even if you stick $2000 a year to keep the old one on the road, you are doing good
That’s fair. No truck payment you could get these days is that low…
Keep your old truck until it's beyond repair.
I own 2 trucks, both have over 100k on them.
1988 TOYOTA 1 ton duel wheel box truck. 10' long, 6'5" wide, 5'6" tall box. 2.2 R-E 4cyl.
2014 FORD F150 XLT XTR 4X4 302 5.0 Coyote V8.
No 1 needs a $50k + truck.
However, most people don't even use their truck to do truck work.
Mine have scratches, dents, etc because they aren't pavmanent princesses. They have to earn their keep.
That means hauling manure from the stable, towing the horse trailer, hauling hay, etc.
I've never even owned a brand new vehicle.
Can't see spending more on a vehicle than I did my farm.
Had a 2014 Dodge Dakota crew cab for a few years, and when it started having to go to the mechanic every month I got rid of it. It was costing more in repairs than the cost of getting another vehicle. It had 384,762 on 4.7L Magnum.
Absolutely right. The truck manufacturers have done a really good job of convincing people they “need” a brand-new, fully decked out truck every few years…
My 97 rangers low mileage only 350000 miles.
Lol. Those are such good trucks I bet you roll over 500,000
I got the 94 with 381.000 still runs good.
I have a car with almost 237000 miles on it I am going to keep it
Nice! At some point it becomes a challenge to see how many miles you can rack up lol