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Home Depot rents a big truck for $20-$40 for the 2 hours I'd need it. I could rent this truck every weekend for 30 years for the same price as a giant truck. An

Home Depot rents a big truck for $20-$40 for the 2 hours I'd need it. I could rent this truck every weekend for 30 years for the same price as a giant truck. And I wouldn't have to worry about its maintenance either.

alexjplant 3y ago
Once you do this math it becomes very difficult to justify truck ownership without also being responsible for something that needs hauling/towing on a regular basis. The truth is that in 2023 a truck is a lifestyle purchase for many people as evidenced by the average cost of a new F-150 and the inability to buy buy a no-frills Regular Cab pickup outside of fleet sales. If you'd have told me 15 years ago that people would be buying pickup trucks brand new for $60k with regularity I wouldn't have believed you but here we are...
- everdrive 3y ago
  I don’t disagree with your main point, but you can definitely still get regular cab no frills trucks. (Sadly that’s just not what most people buy)
  - alexjplant 3y ago
    ...and so many dealers don't stock them. I honestly don't remember the last time that I saw a new one on a lot, let alone the road. Of course n=1 and all of that but I used to own one and live in a rural area so I don't think I'm far off.
warmwaffles 3y ago
Depends on use case. I do more than what I originally posted. I do pull a trailer with a small tractor on it frequently and move a lot more stuff than normal people do. Renting a truck would be more of a hassle for this type of work than for me to just pay the premium and own the thing out right. > I could rent this truck every weekend for 30 years for the same price as a giant truck. That assumes the price never increases for 30 years.
- joeframbach 3y ago
  > > I could rent this truck every weekend for 30 years for the same price as a giant truck. > That assumes the price never increases for 30 years. While the average truck owner is paying interest, I'll be earning interest, so let's call it even.

alexjplant 3y ago

Once you do this math it becomes very difficult to justify truck ownership without also being responsible for something that needs hauling/towing on a regular basis. The truth is that in 2023 a truck is a lifestyle purchase for many people as evidenced by the average cost of a new F-150 and the inability to buy buy a no-frills Regular Cab pickup outside of fleet sales. If you'd have told me 15 years ago that people would be buying pickup trucks brand new for $60k with regularity I wouldn't have believed you but here we are...

everdrive 3y ago
I don’t disagree with your main point, but you can definitely still get regular cab no frills trucks. (Sadly that’s just not what most people buy)
- alexjplant 3y ago
  ...and so many dealers don't stock them. I honestly don't remember the last time that I saw a new one on a lot, let alone the road. Of course n=1 and all of that but I used to own one and live in a rural area so I don't think I'm far off.

warmwaffles 3y ago

Depends on use case. I do more than what I originally posted. I do pull a trailer with a small tractor on it frequently and move a lot more stuff than normal people do. Renting a truck would be more of a hassle for this type of work than for me to just pay the premium and own the thing out right. > I could rent this truck every weekend for 30 years for the same price as a giant truck. That assumes the price never increases for 30 years.

joeframbach 3y ago
> > I could rent this truck every weekend for 30 years for the same price as a giant truck. > That assumes the price never increases for 30 years. While the average truck owner is paying interest, I'll be earning interest, so let's call it even.