re: Ride your vehicle till the wheels fall off, or sell it off before it depreciates too far?

Do a spread sheet comparing a new vehicle and ALL the costs to you old one and figure the cost per mile at current fuel costs.
Include sales tax on a new vehicle, insurance, your annual mileage, new tires needed?, repairs costs per year for the past five years (average).

Drive it until you can't. If it starts ending up in the shop a bunch, or it calls for a repair that costs more than it's worth, then dump it and get a new one

A new truck is way cheaper though

I put a lot of value on having a reliable vehicle so I don't "drive it until the wheels fall off"


Strictly $$$$ keep it

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I put a lot of value on having a reliable vehicle so I don't "drive it until the wheels fall off"

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Yep, I ain't getting stranded on the road again in life if I can help it.

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I buy a brand new GMC Sierra about every 7 years, normally at close to 100k miles. The old truck gets traded in or sold

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I have often thought about doing that because it seems like it would be the best bargain. Have you ever lost money because it lost a motor or transmission not long after you bought it?

I have a 2010 f150 with 180k. I will keep it for hopefully 3 more years

I never drive a primary vehicle over 100k miles. I usually drive them around 4 years, once it hits 90k miles i trade it in for a new one

I have had great service out of my 3 GMCs so far, although the last one was starting to use oil due to the last gen AFM issue with the 5.3 engine.

I think the key is to buy right and you can maximize value on the trade / sale. I always get 4wd extended or crew cabs withs lots of options. The price hurts a little on the front end but when you go to trade you certainly are glad you have a truck with desirable features.

For the percentage of people saying they keep vehicles forever, new cars sure are flying off the lot and clogging up I10

I do cars like I do women, once it turns 25 it's time for a newer model