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Old 08-29-2010, 05:00 PM   #20
Hubscrub
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Join Date: Dec 2009
Location: on the road
Posts: 2,835
Re: I've come to a realization.

Quote:
Originally Posted by 68 TT View Post
I don't agree. The cost of a new vehicle is substantial in lost value and especially if you trade it in. Don't forget all the cash you lay out in payments every month. In seven years my 03 Tahoe has lost over $20,000 in value. It lost half of that in the first three years. Trade in value is much worse.

If you took the money you spend on a new truck payment and put it into a square body every month instead it would be very nice and reliable in a relatively short time period and go up in value rather than down.

Square bodies are about as cheap as they will ever get and are a great investment. As long as the work done is done well and nothing is too off the wall custom wise the money you invest in it will give you a better return than what you would lose on buying a new car and giving it away every few years for trade in value before the warranty runs out.
YOU ARE CORRECT MY FRIEND! owning a older truck is no way more $$$ than going to a car lot and buying a new truck that loses value the second you pull off the lot and all the electronic junk on these new ones is a joke and can cost you when it starts going out. they are great when they run right don't get me wrong but at the end of the day i will alway pick my old american iron they can be just as reliable as anything else if YOU want it to be my father was a mechanic for 30+ year and believe me he will tell you the same thing
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Last edited by Hubscrub; 08-29-2010 at 05:03 PM.
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