Bowhunter
Well-Known Member
What doesn't make sense for one person is often another person's game. If you are in construction or service work you find out very quickly that buying used trucks doesn't pay. What a lot of people don't realize is that the cost per mile on a used 1 ton pickup is often higher than new and you are often buying someone else's trouble, with the best miles already used up, in a configuration that's not exactly what you needed, you tend to look outdated to your customers, and now the need to buy a replacement that comes around much to often comes around even sooner. The first miles on a new truck are the very best ones, clean, a new set of tires, new inspection, new warranty, no maintenance due, no rattling, and no lies from a used car salesman.
I agree that if the vehicle is for business use than it is a wiser decision to purchase new rather than a used vehicle. Tax implications being the main factor.
Although, if it’s strictly a business vehicle than leasing is the by far better way to go simply because of the tax write-off per quarter that you can use. It’s what I do in my Land Surveying/Engineering company and pretty much what everyone else does that I know of that is in my field. We only lease 1/2 ton pickups for our survey crews so 1 ton trucks might be a whole different ball of wax with lease pricing.