- Joined
- Nov 5, 2021
- Threads
- 20
- Messages
- 3,882
- Reaction score
- 6,086
- Location
- British Columbia, Canada
- Vehicle(s)
- 2022 XLT Maverick Hybrid
- Engine
- 2.5L Hybrid
I didn't say everyone has a good reason.Akshully, that's a myth.
Its pretty much universally cheaper to fix an older vehicle than replace it with a new one. People replace vehicles because they want something shiny without dents and new technology, not for economic reasons. For example, say you pay $3K over MSRP, for $3K you could replace the entire powertrain with a low mileage used unit on most mainstream vehicles and keep going another 200K miles, and most of the time that isn't even necessary as its just a bolt-on oil pump or water pump that fails or a hose or two and if you use aftermarket parts is cheaper than a single month's car payment. For example, I have over 150K miles on my truck, the water pump went out, and for $236.45 I replaced the thermostat, fresh coolant, water pump, fan clutch, and serpentine belt on a Saturday and could easily go another 150K. Heck, my coworker has over 250K miles on her blue Silverdao and that things a damn Chevy, yech!
People are just being impatient, like the guys that pay a scalper $1000 for the latest XBOX so they don't have to wait, when their last gen XBOX is fine.
Sure it is cheaper to keep any older vehicle on the road, assuming that it is still fulfilling what you need. Example, why did I order a Maverick? I drive a sedan that's 14 years old, and realistic need a truck for my business, as in the bed will be used for actual work stuff, 5 days a week. Sure I could buy a junker, but that would actually cost as much or more to operate just due to fuel costs alone. I did the math, if I bought an older pickup (F-150/Ranger/RAM/Tacoma/Tundra) it would cost me the same or more over 5-10 years as it would to buy and operate a brand new Maverick.
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