I just went through this again this year. We have done this in the past. I feel if you have the cash to investing a used truck and put money into repairs. It sometimes can be faster and quicker than paying for years. But also you have to look at if you finance a new truck or buy outright, there is no problems you hope for years with it. I will always choose a used truck over new truck. Just because for me if its a work truck, then Im not worried when it gets dented or dinged up.
My thing is that I know how people treat their work vehicles. They get tortured daily for years and then whoever buys the vehicle has to inherit the consequences of that. The main pro to buying new for me is being able to baby the truck right off the lot with the goal of prolonging the lifespan of the truck. There definitely is a huge benefit to being able to pay cash for a used truck and get working with it immediately though, and just deal with the repairs down the line.
Totally agree it's hard to buy a used truck, especially if it was owned by another company. But usually you get a couple of years out of them. I try to look for a used truck on the side of the road. That is a one owner truck. Better way.
