What's the push to replace??

I've got an older F150 with 230k on it. Runs great, everything works, even still looks good, gas mileage sucks. I could sell it now for more than I paid for it, but then I'd need to buy another truck. I have a car and several bikes, so it ain't a daily driver. I use the truck for truck stuff, hauling trash, pulling the boat, going hunting. It is usually dirty, if I get a scratch on it, who cares? It gets about 3k miles a year on it, it's paid for. if I don't wreck it, it should last me forever.
 
True.

However, $60,000 in a new vehicle turns into an immediate loss as soon as you take possession of it to drive it away. Then you're left with paying a debt on a vehicle which literally isn't worth the money you just spent on it and for which it never will be. Unless, of course, it turns out to be a classic decades down the line and you still have it in a condition which makes it worth while.
Hence the you lose either way. Buying a ridiculously over priced vehicle or putting your money in the bank.

šŸ˜‰
 
Hence the you lose either way. Buying a ridiculously over priced vehicle or putting your money in the bank.

šŸ˜‰

Absolutely.

But in the end, if you put your money in your savings account, you are less behind than you were for a number of reasons.

For one, you at least HAVE the money, whereas with a vehicle you do not. For another, you haven't spent extra money for full insurance coverage on a new vehicle.

Any vehicle you own will have routine maintenance, repairs, fuel, and other expenses involved in it over the life of the vehicle. Buying a brand spanking new vehicle just means you have brand spanking new vehicle purchase price plus brand spanking new insurance on top of that.

So there's "lose" and there's "lose".
 
So, to answer your original question: ā€œWhy the push to replace?ā€ Because the US is a consumeristic society and the social powers that be have most of us brainwashed into thinking constantly buying the latest and greatest is a requirement for the American dream. Not only that, but the bankers who quietly pull so many of our strings have convinced everyone that being in constant debt is necessary to fund that dream.

I am a free market capitalist and believe people have the choice of being brainwashed in such a way or not. You have chosen the path of true physical wealth, a big part of which is owning what you have free and clear and using it until it is no longer usable. Your truck isnā€™t funding someone elseā€™s lifestyle. It is freeing up your capital to do with as you please. Unfortunately, a lot of people think this makes you weird, poor, pick your adjective. Embrace their disdain as proof of your wise choice. Smile every time you start that truck, knowing that there is no debt on it funding someone elseā€™s dreams.
 
So, to answer your original question: ā€œWhy the push to replace?ā€ Because the US is a consumeristic society and the social powers that be have most of us brainwashed into thinking constantly buying the latest and greatest is a requirement for the American dream. Not only that, but the bankers who quietly pull so many of our strings have convinced everyone that being in constant debt is necessary to fund that dream.

I am a free market capitalist and believe people have the choice of being brainwashed in such a way or not. You have chosen the path of true physical wealth, a big part of which is owning what you have free and clear and using it until it is no longer usable. Your truck isnā€™t funding someone elseā€™s lifestyle. It is freeing up your capital to do with as you please. Unfortunately, a lot of people think this makes you weird, poor, pick your adjective. Embrace their disdain as proof of your wise choice. Smile every time you start that truck, knowing that there is no debt on it funding someone elseā€™s dreams.
Yep ā€¦ ie ā€¦ keeping up with the Jones ā€¦ thatā€™s why we have ā€œnew and improved modelā€ press releases for everything from beans to bullets. Itā€™s why women buy a $1,000 pair of shoes or men buy a $1,000 grill ā€¦ or spend $15,000 on a vacation to see a rat in Florida ā€¦

Just because you can does not mean you have to ā€¦
 
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Yep ā€¦ ie ā€¦ keeping up with the Jones ā€¦ thatā€™s why we have ā€œnew and improved modelā€ press releases for everything from beans to bullets.
Well, new vehicles ARE better and improved. Everyone just has to decide if they're improved enough to justify the money. If what you have is doing what you need, there's no point in upgrading.
 
Well, new vehicles ARE better and improved. Everyone just has to decide if they're improved enough to justify the money. If what you have is doing what you need, there's no point in upgrading.

Just be careful with new "top-tier" upgrade packages these days. They seem to be moving in the direction of $5k+ for not much useful: Maybe leather, air-conditioned seats, and a bunch of tacky bling. ...and be sure to check that "fancy-rim-upgrades" included in any packages aren't taking you to a size that you can't get the more offroad-capable tires for, if that's your thing.
 
Just be careful with new "top-tier" upgrade packages these days. They seem to be moving in the direction of $5k+ for not much useful: Maybe leather, air-conditioned seats, and a bunch of tacky bling. ...and be sure to check that "fancy-rim-upgrades" included in any packages aren't taking you to a size that you can't get the more offroad-capable tires for, if that's your thing.


My 2022 work truck model is better in almost every way than nearly any truck it was possible to buy 20 years ago. But that doesn't take anything from those 20 year old trucks. A lot of them are still great as long as they've been well cared for.
 
@GoWolfpack and I have talked about the differences between the newer vehicles and the ones "from the Good Old Days" before. We talked a lot about the expenses involved, how easy/hard the work was between then and now, how frequent maintenance/repairs were, etc.

Having been born in the early 60s, I clearly remember doing far more routine maintenance/repairs on cars back then than today. Yeah, in many ways it was easier back then, if only because there was generally far more room to work. Some things today are easier...some are harder.

Like tune-ups. Seems to me tune-ups used to be about every 30,000 miles or so. Points, plugs, condenser, distributer, wires, and the good old timing light. Not difficult, mind you, but a bit more to it than today. Today? Every 100,000 miles and all it involves is plugs and wires. And the last two cars I had didn't get their first tune-ups until around 200,000 miles and the plugs looked fantastic, relatively speaking.

Horsepower and mileage today is far better on average today than yesteryear. The power to weight ratio is better, for one, and smaller engines get more power than they used to, by far.

The cars of yesteryear were quite often hard pressed to make it past 100,000 miles without significant issues. I remember Dad (born in the early 1920s) once telling me in the 70s that there's no reason why they can't build a car that would last 200,000 miles or more...they just don't. These days I wouldn't hesitate to buy a used car with 150,000 or more miles, and not sweat about it either. Last two cars I owned got over 300,000 miles, no problem.

Oil changes? Old: every 3,000 miles, shifting between 30 and 40 weight oils summer/winter. Today? I run every vehicle we own (except my wife's because she's "special") 10,000 miles on synthetic, period. Many vehicle owners manuals say 7,500 to 10,000 miles, depending on the vehicle.

Lifters? Never had to adjust a one on modern vehicles.

Heck, just starting today's vehicles, with computer controlled, fuel injected, high energy ignition systems is a cinch compared to what you had to go through sometimes with the old vehicles. No choke required, no worries about flooding the engine out, no vapor lock, no carburetor problems requiring you to clean/rebuild them, etc. Just turn the key, or push the button, and it starts.

The safety record of modern vehicles is off the scale compared to the Good Old Days, too.


So yeah...some things are more of a pain to work on with today's vehicles. Some proportionately more expensive, too. But the tradeoff is you get a FAR more reliable vehicle on average that just doesn't need nearly the maintenance and repairs of the vehicles I grew up with.
 
True.

However, $60,000 in a new vehicle turns into an immediate loss as soon as you take possession of it to drive it away. Then you're left with paying a debt on a vehicle which literally isn't worth the money you just spent on it and for which it never will be. Unless, of course, it turns out to be a classic decades down the line and you still have it in a condition which makes it worth while.

Owning a truck is not an investment. There are so many other factors that come into play. ROI in almost any consumer good is poor. I don't own a 450+ HP BMW because it was a good investment of money. I own it because it is fun to drive. It puts a smile on my face and makes me happy. Certainly happier than my 2014 F150.
 
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Not having to worry about DEF makes me happy to own a 20 year old diesel.

Am I the only one who looked askance at "DEF" the first time they found out about it?

The first thing I thought when I heard about it was "Do they keep it on the shelf next to Blinker Fluid at Auto Zone?"
 
I got a civic right before COVID. Still mostly working from home. 2019 just now passed 25k miles. At this rate the last car I'll ever own.
 
Been banned for a long time now dpf got slapped on in 07 and egr shanigans have been going on even longer.

Right now it's against the law to modify your emissions system or to sell a truck with a modified system.
I expect before much longer it will be illegal to sell a pre-emissions vehicle without paying some kind of sin tax or hanging an external aftermarket emissions system on it.
 
Right now it's against the law to modify your emissions system or to sell a truck with a modified system.
I expect before much longer it will be illegal to sell a pre-emissions vehicle without paying some kind of sin tax or hanging an external aftermarket emissions system on it.
Given the epa court case and all the current shanigans still going on with big trucks even. I doubt it
 
Been banned for a long time now dpf got slapped on in 07 and egr shanigans have been going on even longer.


Mine predates those, too. I've driven newer trucks that friends own and they have more power and are quieter than mine. I still like mine for me, though. I'll drive them until the wheels fall off.
 
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