The debate on used vehicles vs. new vehicles is an old one. Many are of the opinion that new cars are more reliable, safety compliant, equipped with updated tech features, and come with warranties. Others might argue that if you opt for a used car, you won’t have to pay off a loan with interest, and the purchase won’t be as expensive.
But does this debate apply to old trucks as well? We’ve listed out three reasons why buying an old truck can turn out to be a better option rather than buying a brand new truck. Remember, whether new or old, every kind of truck has its pros and cons. It’s about buying a truck that fits your requirements and adds value to your drive.
Old Trucks Are a Cheaper Option
Trucks are, generally, very expensive. Many of them start in the range of $28,000-$30,000 if you’re looking for a full-size version. However, an old used truck can be significantly cheaper, thanks to depreciation. The prices are slightly higher right now, based on the high demand for trucks and SUVs. However, that doesn’t change the fact that an old truck would be way cheaper than a new truck. This is especially true if you are buying one that’s around 10-20 years old.
A truck that is 10-20 years old might seem very old. But in all honesty, it’s not. Full-size trucks are generally used for intense tasks. But you should be fine as long as you don’t buy one of the models that have gone through a lot of wear and tear.
While purchasing, it will be a good exercise to ask if the truck was used for any hard and heavy jobs like towing and plowing. If they have been used for that purpose, you might want to opt-out of buying it, as it would have gone through excessive amounts of engine, transmission and frame wear. There’s nothing like finding a clean one-owner vehicle. It can turn out to be a great buy and an excellent way to save money.
Old Trucks Can Turn Out to be More Durable
While buying a truck, whether old or new, people often look for two things – reliability and durability. Both are two different measures of buying a truck. Durability has gone downhill in today’s trucks. For instance, a new F-150 has most of its body made with aluminum.
Most of the hood and almost all of the truck bed is made from aluminum that compromises the truck’s integrity and safety. A severe collision can have a horrible impact on the truck. How about an older F-150? Those trucks were made of steel which helped maintain durability. Many new models are also still made from steel but most older designed models are considered to be more durable.
When picking an old used truck, you don’t necessarily need to opt for a truck from the 1990s. There are many programs like the CPO program that will get you a truck no older than five years old. It can also provide a guarantee for the reliability and quality of the vehicle.