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Showing posts with the label Used Truck

Should I buy a new or used truck?

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So, you need a replacement truck. Maybe your old truck finally broke down after all of these years. Maybe your previous truck, whether old or new, has just been totaled in an accident. Perhaps you just want a different truck because you need it for a different purpose, or possibly this will be your first truck. I know what you’re thinking…should I buy a new shiny truck with all of the latest technology or should I be more practical and buy a used truck that I know I can afford? I’m going to help you explore your options with some information below. NEW TRUCK Pros: No history – You know there is no wear and tear, no accidents, and no hidden issues. You can also be more confident that there are no unresolved recalls in your new truck. This is a big deal for some people. Some would never be okay with buying a car that someone else has used and cared for while others think that is just fine. Maintenance – A new truck will likely come with a warranty of some kind to cover multi...

Truck Buying Options: New or Used, Buy or Lease

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New or Used Price – Used trucks are much more affordable than new trucks. If you’re short on money or don’t want to spend as much, a used truck is the way to go. Depreciation –New trucks lose about 11% of their value right when you drive them off of the lot. Most vehicles depreciate at the highest rates in the first few years, so if you buy a used truck, you can avoid that depreciation loss. History –There is no history with a new truck. You don’t have to worry about unknown issues or how the previous owner treated the vehicle. However, it is possible to avoid this worry when you get a certified pre owned truck or when the truck is thoroughly inspected. Maintenance –New trucks usually don’t require very much maintenance, but if they do, their warranty will probably cover it. Used vehicles rarely come with warranties and will need maintenance more often. Whether you buy new or used, you will eventually have to deal with maintenance expenses and time. Time – Used trucks typi...