5th Nov 2019, 17:26
Ok, let's say $3,000 for a paint job (and for quality that's pretty low these days), and another $1,000 - $1,500 (doing that work yourself) for all the other miscellaneous body and mechanical parts. Was it worth sinking close to $5,000 or more into a compact truck that is worth maybe $2,500 tops?
Reading your previous posts I can understand the truck has sentimental value and that's your prerogative. God forbid the motor locks up or you are involved in an accident that may seem minor to you but not your insurance company.
5th Nov 2019, 15:15
So in 5-6 years if you bought a new one, resale is over 60%. Or buy a leftover and save a bit more. Pay cash, no loan. Looks really pretty cheap to own per year and have a fresh new truck. No miles on the engine, new tires, new brakes etc Keep it longer and save further. Just have to front 30 grand or less and the true cost to own looks pretty attractive when you sell. That’s option 2 and you moved up more than 20 model years to boot.