New, Used, or Lease? And WHEN?

This seems to be a cashflow question as much as it is a vehicle question. Are you able to set aside some $ every month for vehicles? You may not be able to upgrade all the vehicles at once, but maybe set it as a goal over the next 1-2 years. A little about us: We are a husband and wife owner team of a plumbing and hvac company. We started in our garage and bought our first vehicle. For the first few years we had subs and they used their own trucks. Then we shifted to employees and started buying vehicles 1-2/year. We have sold some and this year bought our first late model trucks. We now have 8 - 4 of those are between '21-'23. The others are older. We had 2 down last week for a day )=. Over the next several months, 1-2 years we hope to upgrade the rest. None of them are wrapped, but that is an idea on the horizon once we can fine-tune design ideas. The idea is to save $x/month/vehicle and when needed or the right time comes to pay cash for a replacement truck. I used to set $500/truck/month in a truck replacement fund. Now in our area $700/truck/ month is likely better. The other thought I have is about when you said about your higher mileage vehicles " I feel like they are just ticking time bombs." Your other trucks could need major maintenance soon or be ok for awhile. Try not to let fear or anxiety push you into financing or hasty purchases if that is not your plan (= Best of luck and hope you guys have great vehicles soon.