I’m glad owning what you own works for you, much of what you said I agree with, I use to think exactly the same way.
Where you operate plays a big part in it too. If you’re in the south, then that’s cool…..keep running that older truck. It’ll last a lot longer than it will in the north where we have salt and calcium spray 5 months out of the year.
Yes your parts may be cheaper. But mine are covered with warranty. The payment? To me, and only my opinion, it’s a lot easier to budget for a set payment every month than it is, the what if’s. I watched my monthly expenditures in repairs and payments drop in half. It was a no brainer for me. And I agree with cycling a new truck every 4 years is the answer. There’s no equity to be built or maintained in owning a truck anymore. It’s just a tool of the trade now.
As a late 40’s guy with 20+ years and 4 trucks under my belt, the answer for me is not owning a pre emissions truck anymore. Would I love to have my. 379’s back? Absolutely. They’re cool, and they did make me money, at that time. But that was then and this is now. And while I may have the big pmt every month, it’s a 100% write off for me. Which lowers what I give the govt. I’d much rather spend my money on something I want to drive and be comfortable, than give it away to the govt. Just my opinion.