It’s a tired, but persistent debate: new vs. used vehicles. Many will argue that new cars are more reliable, come with warranties that are worth their weight in gold, and have updated tech and safety features. Others will say that if you buy used, you don’t have to pay off a loan with interest, and the purchase price won’t be nearly as expensive.
But, what about used trucks? This debate applies to them as well. While there are upsides and downsides to buying a used truck, I can tell you three reasons why buying a used truck is better than buying a new one.
Trucks are expensive, many of them have a starting MSRP of around $30,000 if you’re looking for a full-size version. Not with a used truck, though. A used model is significantly cheaper, thanks to depreciation. Granted, since trucks and SUVs are in high demand right now, the prices will be slightly higher than when they aren’t in demand. But, that doesn’t change the fact that a used truck is still going to be significantly cheaper than a new one, especially if you buy one that’s anywhere from 10-20 years old.
Does that seem like it’s too old? Well, it’s not. Yes, a lot of full-size trucks are used for intense jobs. But, as long as you don’t buy one of those types of models you should be fine. Just check for signs of wear and tear, and ask if the truck was used for any hard work, as in towing or plowing. If that’s the case, don’t buy the truck. Since it will most-likely have an excessive amount of engine, transmission, and frame wear if it was used for the two examples of work listed above.
If you can, find a clean one-owner vehicle. These pickups are great buys, and excellent routes to save some money.
A More Durable Design
Reliability and durability are two different things, and with some of the trucks today, durability has gone downhill.
I’ll give you an example: a new F-150 is made mostly with aluminum. The frame isn’t, but a lot of the body is. The hood is mostly aluminum, and the truck bed is clearly made from aluminum. This not only compromises the truck’s integrity, but it also compromises its safety. A truck like this that gets into a collision will crumple like a tuna can with the right amount of impact.
But a used, older F-150? Those were made of steel. Granted, not all trucks have this issue. New Silverados and Rams are still made mostly from steel. But, some argue that the older designed models are still more durable.
If you are worried about the reliability of an older used truck, you don’t have to buy one from the 1990s. There are plenty of CPO programs out there that will get you a used truck that’s no more than five years old, along with a guarantee that it will be reliable and high-quality. With no issues.
A cheaper price (most likely), more durable design, and a guarantee of reliability if you want it. Tell me why buying a used truck isn’t a good idea?