The average truck owner drives the same vehicle for nearly nine years before getting a new truck. Truck owners tend to hold on to their rides longer than other automobile owners, so knowing when it's time to trade in your old truck for a new truck can be hard. Whether you use your truck for work or pleasure, or both, knowing when it's time to upgrade and trade your vehicle in is key. Here are signs it's time to trade in your truck for a new one.
Your truck miles are adding up
Your truck is likely to have lots of miles on it. The more miles you have on an original engine and transmission, the more likely your truck may be to need extensive future repairs. To keep repair needs at bay and to help you save money, think about trading in your truck once it hits about 100,000 miles on it. The trade-in value for your truck will be higher than it would be if you had more miles on the vehicle.
As a bonus, since trucks tend to have ample miles on them when they are sold, if you trade in your truck before or around the 100,000-mile mark, you're likely to get a great trade-in value for the vehicle. If you're thinking of upgrading to a larger or newer truck, using your truck for a trade-in with its impressively low miles will make the difference in the purchase price, no matter what truck you end up choosing.
Your truck needs have changed
Do you have a diesel but now want a gasoline truck, or vice versa? Are you needing a larger truck with more torque and horsepower to haul machinery or for use as a work truck? Do you have a single cab truck and need more room for your growing family? Are you wanting to be more economical and save on gas?
Whatever your needs are, you can find what you're looking for at your local auto dealer. Your current truck can be used as a trade-in vehicle to help reduce the purchase price for a new truck or aid in negotiating a new purchase price. Whatever your truck needs are, consider trading in your current ride for a new one. For more information about different types of trucks, like a New Ram 1500, for sale, contact a local auto dealer. They can advise you based on your needs.