I purchased a truck a couple of years ago, and it currently has 190,000 miles. I recently spent around $6,000 fixing common issues like the upper oil pan, rear main seal, and valve cover.
I don’t use it much now, but I’m planning a cross-country trip next year with a 20 ft travel trailer.
I have always liked that body style and really enjoy how it drives, but since it is a well-used truck, I am constantly concerned about what expensive problem might arise next.
Occasionally, a 2016 model appears on Marketplace or Craigslist in my area, with low or reasonable mileage, priced between $35,000 and $45,000. They typically have clean Carfaxes and are well-maintained.
Would it be wise to upgrade to a newer model? I recall reading that newer models of that generation have fewer issues, but I’d appreciate confirmation. I am not looking to spend more than $50,000 on an even newer one. What do you think?
I see some of you are advising me to keep it. Can’t you see I am trying to gather support for my new truck purchase?
My 2017 vehicle has reached 192,000 miles, and I am facing several repair issues that will cost around $5,000, including problems with the upper oil pan and coolant leaks. I am weighing whether to invest in fixing these issues or to trade it in for a 2024 model.
My 2011 F350, which had 212k on it, was recently traded in for a 22 450. and will not turn back. Not to add the creature pleasures, the newer vehicle has so many more advantages 10 sp trans, larger screen. I would choose the most recent model if I were going to upgrade.
I recently purchased a 2016 Lariat with the Ultimate package, 80,000 miles, and one previous owner for $40,000. While I am aware that the turbos differ between the 2015 and 2016 models, I am uncertain about other differences.
From a financial standpoint, the decision might hinge on the sale price of your current truck and the cost of upgrading to a newer one. There is also the consideration of whether to stick with a vehicle you are familiar with or take on the potential issues of a new-to-you vehicle.
For me, if you invest $6,000 to address common problems, it might be worth keeping the truck for a while. You could then save that money for future repairs or use it toward upgrading later.
Ford has faced significant problems with the 10-speed transmission, leading to a class action lawsuit.
I recently rented an Expedition Max with the 10-speed for a cross-country trip with my family. It performed well, and when the transmission works properly, it’s excellent. However, I’m aware that if it fails, the repair costs around $8,000.
In my opinion, the 2015-2017 models are the best years, but if your truck is already paid off, it’s worth holding onto. The 2011-2014 models get a lot of negative attention, but I have heard equal numbers of positive and negative experiences with them. Given the current economic situation, it makes sense to avoid taking on more debt. If you maintain it well, it should keep running smoothly.
