I've never bought a used vehicle before so looking for some opinions or if my thought process is right.
I've had very few vehicles. I was fortunate to receive a used truck from my dad's sales guy in college I drove like 8 years and then bought a brand new F-150 in 2011 which I still have now that has 340k miles.
The way new vehicle prices have skyrocketed as of now no way I plan on buying brand new.
I don't need every "creature comfort," but I like the lariat f150 because it has leather...easier cleanup with the dog hunting etc. that's what I have now. I like the built in nav and sound system as well. Rest of the "upgrades" I don't care about
Brand new you looking at probably 65k-70k for a lariat f150
I'm looking for a 2020 with approx 40k miles which you can get now for probably 40k give or take
My thought process is... depending on the manufacture date you still have possibly a year of factory warranty.on drivetrain
You save 25k off the purchase price. For a guy like me that does a majority of the maintenance unless it's major like transmission or engine...,,25k goes a long ways. Even if you have a major repair... replacing engine for instance for 10k...you're still ahead
40k miles is probably early enough to reverse any stupid moves by the previous owners like listening to the oil life monitor
I have flexibility now and can hop on a one way flight and buy a vehicle anywhere in the country. Looking online there's a few locales significantly cheaper than buying in mn
Even factoring in finance rates on used vs new since used rates are substantially higher...money ahead
I'm driving no more than 8-10k miles a year currently so ideally with my previous experience would own this a long time
I considered buying a brand new XLT with cloth seats and just buying aftermarket leather covers but you still probably 55k plus 2k for seat covers. Still save 17,,k which pays a ton of repairs and no hassle setting it up how I want
Make sense? What do you look for when buying used?
Honestly...I don't care id keep driving this rusting out hunk of metal. I take probably 12 longer trips a year I'm willing to play Russian roulette with.
However gfs car had problems last year and absolutely hated her driving my truck into the cities for 3 weeks. We should probably have one lower mileage vehicle in the house at least