Im late in on this discussion but after bouncing through a couple pages this cought my eye. To each his own but this seems like a crazy and fiscally irresponsible attitude to me. If you have a business thats one thing but to own an 8 year old truck no warrenty and 125K there is nothing wrong with that and that means it is in no way not dependable. You are saying you would rather pay out $500-800 month on a payment vs paying even a $2000/year repair bill? You prlly wont have many if any $3000 repairs on even a 12 year old truck, How many of those $600 payments would it take to pay of a modest $1100 repair bill, not many. I just cannot buy a $30-40K new truck ever never, one i cant afford it and two its crazy to spend that kind of money on something that reduces in value. Im not rich but i make a living, my house is only 125K im not buying a truck every 5 years that approaches 1/3 of my homes value. I guess it takes guys like you buying them new so that i can buy them used.
On s side note i have looked at 10-12 year old Cummins doges. They are still 12K with 200K miles on them, this is crazy. A 9 year old 1/2 ton still is bringing almost 8K, i wont even pay that call me cheap, but i drive old and into the ground before i get rid of it, save the money and spend it on something i care about, which is not really my truck. I have 3 vehicles i drive, a saturn for economy a ranger for light loads and my 1/2 ton chevy for hauling. The ranger was bought for $800 or so 7 years ago. Roof was faded then and now the hood is to, had a scrach/dent from a gaurd rail or something on the passenger side, but i have driven that truck 130K miles in the last 5 years and it now have over 270K on it. I keep the fluids topped off and have oly put a new exhaust manifold on it totally redone the A/C and a new radiator, as well as maintence. I have done all these my self for minimal cost and the truck has never been in anothers shop for a day for any repairs. That is not to say that it has not been down a day for repairs though, but i have spares so i tend to put off 1 day jobs to 2 day jobs etc. But total downtime in 7 years for repairs would be about 6 days. Ok i just remembered 5 years ago i had put it in the shop for a busted bbrake line as i had no time to repair it and had a 1 hour commute one way each day, so i paid some friends to fix it cost $100 ( this was the back main line, they pulled one off a junk truck and pulled my bed off to replace it).
Sorry for the rant but i think this mentality has gotten our society in the shape we are currently in. Not saying you cannot afford your cars but im sure you have friends or neighbors that cant and they see you and want to have what you have cause we put so much status in the type of truck one has. Much money is wasted on vehicles here, yes thats a sector of the economy but what has it gottem them, bailouts, they have nothing to show, unless your an import or Ford guy.