Quote:
Originally Posted by Rev.Vassago
I actually understand where you are coming from, but I disagree completely. A car is not a truck
That's right - a truck makes you $$ no matter how old it is.
Quote:
Originally Posted by Rev.Vassago
and there comes a point where it isn't cost effective to continue replacing or repairing things on the truck.
Wrong. You can always rebuild a truck for less than the price of a similar new truck. And your rebuilt truck will be new without the crappy EPA engines!
Unless you have to pay a mechanic to turn your wrenches. But then you ain't much of a trucker in my book. Just a steering wheel holder.
Quote:
Originally Posted by Rev.Vassago
The older a truck is, the more there are large scale items wearing out. One of the big things that gets overlooked is downtime. Many of those large scale items require long periods of downtime, and can very quickly eat into the bottom line.
Down time is beer drinking, garage stereo cranking, napping under the truck, greasy knuckle, wrench turning time. Some of the best quality time one can spend with their truck. If you can't afford to take a few weeks off you're bankrupt and just don't know it yet. I just came off my 4th of July vacation this week. Enjoy them lazy, hazy, crazy days of summer. Life's too short not too.
Quote:
Originally Posted by Rev.Vassago
Sure, there's no predetermined time that you get rid of a truck, but it's pretty clear that there is a time when it just makes more sense to replace a truck rather than constantly repairing it.
Good drivers don't break their trucks. Repairs should never be frequent. If so, you're in the wrong line of work.
Quote:
Originally Posted by Rev.Vassago
Keeping up maintenance will help prolong that, but then when the time comes to replace, the truck isn't worth nearly as much as you have invested in it. A truck is never the sum of its parts. Yes, new parts help to increase the value of a truck, but not nearly as much as you would think. I know a guy who just bought a 1996 379 Pete. The truck itself had about 1.5 million miles on it, but the engine had been overhauled about 200,000 miles ago. It had a 120 inch big bunk sleeper on it, and the entire truck looks brand new. He picked it up for a whopping $54,000, which is less than what the sleeper itself cost new (and had only been put on the truck 2 years ago).
Plus, if you have a truck with millions of miles on it, and a build date that is in a different century, the insurance value of the truck is nil. One major accident, and you suddenly are left with a pile of junk that the insurance company only throws a few thousand dollars toward you for at best.
Truck book value is irrelevant. Why would one sell their old truck if it is in great shape and they have half a brain? Keep it and make more money with it and stay with the plan: Don't break the truck and keep it maintained.
Also great drivers don't have accidents.
(Me: trucking since'84 - wrecks: 0) So insurance value is irrelevant. If truck gets totaled, take the crumpled wreck and rebuild it. Why sell a good old truck just because you are worried about getting in wreck? With that logic why truck at all? There's a million things to worry about.
And for the cartoon crowd, here ya go: 8)
:shock: :? :P :x :sad: :wink: :evil: :twisted: :x