TBN scares me sometimes...
The last couple of days I have been looking at truck and car prices...
My F350 will be 11 in a few more months and is getting close to 170,000 miles. Best vehicle I have ever had and I have no intention of getting rid of it anytime soon.
So why look at cars and trucks? The crazy drivers have been busy over the last couple of weeks and I got to wondering what I would buy if I had an accident and had to replace the truck. If the truck was totaled, I would not have much time to look for a new vehicle so I figured it would be better to go shopping now and hope I don't need to buy anytime soon. The F350 is a diesel and with the high price of fuel and the higher price of diesel I was curious if MPG had improved on the gassers.
My truck gets a consistent 21.x MPG. Usually around 21.7 and once or twice I managed to squeeze 22mpg out of a tank of fuel. :thumbsup: At the moment diesel fuel in my area is about 22 cents more per gallon than regular gas which cost an extra $7 to fill up. Not really a big deal given how much it costs to fill up in the first place. Maybe 5-7% extra. If I bought a new truck that the EPA says gets 20 MPG it looks to be a wash money wise on the price of fuel. The cost of a diesel engine is another discussion.
Looking at the MPG difference between a truck in a car it looks like at best I could cut the monthly fuel bill in half. MAYBE. So what do I get by saving $100 at most per month. Well, I loose the ability to haul stuff, better situational awareness, comfort, 4x4, and safety.
Course the MPG is a trifle compared to the cost of a new truck. We need a crew cab. When I bought the F350 the only way to get a crew cab was to buy a F250/350 but now you can get a four door in a F150. My quick look at prices was shocking. I was seeing F150s with CC, smaller engine, and mid range packages going for 35K-45K. I saw some over 50K! :shocked:

Trying to replace the current truck with another F350 was 45K-60+K! :shocked::shocked::shocked: I saw one SUV that was around 50K and the month payment was a bit over $1,000. It did have a very high interest rate but $1,000 is a house payment.
An advantage in the car vs truck decision is the much cheaper price of a car. The mpg difference is nice but for the difference in utility between car and truck I would pick truck. For the price of the car or truck, it sure seems the car wins. But a mid size car is not all that much cheaper compared to a F150. Is a 5K cost savings and maybe a 25% improvement in MPG worth it over a truck? Danged if I know. :laughing: Some quick guestimates says that the F150 would cost an extra $100 a month to own over six years. Not chump change but it gets down to how much utility does one get out of the truck?
Course trucks are just flat out cooler than a mid size car so that is worth something. :laughing::laughing::laughing:
I still don't know what I would do, but a car or a truck?
Later,
Dan