A new truck is $50K. All of the stuff you listed, other than bad rust can be fixed for a fraction of that. Maintain what you have. Save your money for more motorcycles.
“All of the stuff you listed, other than bad rust can be fixed for a fraction of that.”
I find that the combined price of all the major replacement components quickly exceeds the price of a new vehicle. We normally hit that point around 200k miles. I’ve been in the trap before where we are at 180k on the clock and something big fails. Should we replace that bad part for $4,000? We rationalize it by saying “The rest of the vehicle is in good shape. Let’s repair it.” Then, of course, six months later another major part breaks and you fall into the sunk cost fallacy. “Gee, we already spent $4,000 getting it running, let’s do it again.” Another $4,000 out the window.
Then it happens again six months later and the deep regret sets in: “We’ve blown $8k. I wish we hadn’t done that.”
I’ve learned that lesson too many times on too many products.
$50k is on the low end of anything but a stripped work truck.
I see you haven't been looking at new trucks recently.
I just sank $2K+ into my 2004 Toyota Tundra with 170K miles. Took it to the local Toyota dealership.
New water pump, timing belt, plus minor BS.
Given what they charged me I thought I'd been ripped off. Had to push back pretty forcefully on the intake guy's insistence on their selling me a new $et of tire$.
But based on what I'm reading here I'm farther ahead preserving the Old Gal. So there's that.
Old photo. Dashboard kittehs say "hi!".