You have to make payments and taxes on the truck even when it sits in the driveway.
TIL I have to make payments on my fully-depreciated 30-year-old truck.
People say “just rent a truck”, but every time I look into that I discover rental trucks come with a lot of restrictions such that you can’t use them as a truck (I expect a truck used as a truck to get paint scratches).
“Just rent a truck” means “rent a work truck from Home Depot or U-Haul or something,” not “rent a pavement princess from a car rental place.”
Home depot trucks have ‘no towing’ in the contract. Uhaul’s contract is only tow their trailers.
If you have a paid off truck that saves some money - but as the owner of a 26 year old truck I can tell you that I spend a lot of money keeping it running. Parts wear out from time as much as use at that age. Still cheaper than a newer truck but not a large savings. (i normally ride my bike but if I need a truck or the distance is too far the truck is my only option)
TIL I have to make payments on my fully-depreciated 30-year-old truck.
“Just rent a truck” means “rent a work truck from Home Depot or U-Haul or something,” not “rent a pavement princess from a car rental place.”
Home depot trucks have ‘no towing’ in the contract. Uhaul’s contract is only tow their trailers.
If you have a paid off truck that saves some money - but as the owner of a 26 year old truck I can tell you that I spend a lot of money keeping it running. Parts wear out from time as much as use at that age. Still cheaper than a newer truck but not a large savings. (i normally ride my bike but if I need a truck or the distance is too far the truck is my only option)