L O N G, L O N G Term Storage - 2015 Lariat
#16
#17
do you have someone you can trust that would take it out once a month and drive it around to keep everything working? If not I'd sell it and set that money aside to purchase another when you get back.
If you do elect to keep it put it on jackstands; disconnect batteries; remove tires and sell them so you can restart with fresh rubber; make sure vehicle is free of dirt, salt, etc., and coat the underside of the truck heavily with fluid film to keep rust away. Put mothballs and dryer sheets inside and around all electrical components.
When you get back drive it home and replace all fluids.
If you do elect to keep it put it on jackstands; disconnect batteries; remove tires and sell them so you can restart with fresh rubber; make sure vehicle is free of dirt, salt, etc., and coat the underside of the truck heavily with fluid film to keep rust away. Put mothballs and dryer sheets inside and around all electrical components.
When you get back drive it home and replace all fluids.
#18
#19
Sell it - it's only a truck made by people and better ones will be built in 2019 for the 2020 year run. The cost of mechanically refurbishing a vehicle that has sat for years is very high. Then there is the deterioration of the cab and other soft parts, often by rodents that can and will get in somehow. They also love to chew on under hood plastics as well as rubber pieces as I've found out with several cars and trucks plus my little diesel yard tractor.
#20
I stored a less than 3 year old car for over a year, with someone taking it out about once a month. The irony was when I brought it home it sat for about 3 months with it getting driven about once a month. Then I sold it. I wasted way too much storing it for a year+ but as people have said things change, needs change.
#21
I vote not to sell it, assuming the purchase made sense to begin with. A four year gig overseas doesn't mean you're in prison, or can't come home every year or so does it?
You've already taken a big hit on depreciation of a new truck, may likely take a bigger hit on the sale, and then in four years need to buy all over again? That doesn't make sense. Concentrate on paying it off in a year, etc.
You should be able to work out some kind of storage policy insurance wise and save quite a bit that way if necessary. What I do know is gaps in your policy or canceling is not a good idea and your rate will go way up if they don't refuse to renew altogether.
You've already taken a big hit on depreciation of a new truck, may likely take a bigger hit on the sale, and then in four years need to buy all over again? That doesn't make sense. Concentrate on paying it off in a year, etc.
You should be able to work out some kind of storage policy insurance wise and save quite a bit that way if necessary. What I do know is gaps in your policy or canceling is not a good idea and your rate will go way up if they don't refuse to renew altogether.
#22
I vote not to sell it, assuming the purchase made sense to begin with. A four year gig overseas doesn't mean you're in prison, or can't come home every year or so does it?
You've already taken a big hit on depreciation of a new truck, may likely take a bigger hit on the sale, and then in four years need to buy all over again.
You've already taken a big hit on depreciation of a new truck, may likely take a bigger hit on the sale, and then in four years need to buy all over again.
I would sell it and save all the storage fees.
#23
Another thing not mentioned, even if he elects not to actually drive it "over there" it can still be shipped at no cost to him and parked on base. Take it out once in a while, etc. This isn't that big a deal either way.
What IS a big deal, he (probably) has no equity whatsoever in the truck. Probably loses 20% of the purchase price as soon as it's driven off the lot. Figure another discount as soon as a buyer sniffs out he's a GI who "has to sell now". So he's stuck with 10 or 20k payment + interest on something he doesn't even own anymore?
Bad idea.
#24
#25
Storage costs will not be the concern. Neither is insurance as you can specify that as well.
Storage costs would be paid for in your in the Military.
Take the truck. As someone who has been in Germany and driven all over Europe. The roads are not that bad. We had a highboy when I was over there with a camper on it.
I suppose you could get the GI special Bondo car over there and spend 6 months out of the year trying to get it to pass inspection, only to have it crap out and start over.
Think about it.
Storage costs would be paid for in your in the Military.
Take the truck. As someone who has been in Germany and driven all over Europe. The roads are not that bad. We had a highboy when I was over there with a camper on it.
I suppose you could get the GI special Bondo car over there and spend 6 months out of the year trying to get it to pass inspection, only to have it crap out and start over.
Think about it.
#26
Others have suggested taking the truck to Europe - where? Will your company or your military pay to ship it there? Europe is a pretty big area and not every country if any have the capability or skills to service a North American spec'd diesel powered Ford Super Duty. Not every country will have DEF. Not every country will be 'equipped' with roads that will handle the sheer physical size of an 7.5' wide, 8000+ pound North American sized pick up truck. The UK comes to mind with very narrow roads along with having the driver on the 'wrong' side. Diesel is cheaper then gas but it isn't ULSD as it is in your home country of Canada.
#27
American military bases are, as one might imagine, very Americanized. The taxpayers pay for shipping back and forth. They drive HUGE trucks everywhere, anyway it's the .mil remember? Anyway... He can get whatever he needs as far as THAT goes.
The issue here really is a financial one, not storage or friggin' DEF availability. If it was paid for, then there are options. (Making some assumptions here on the average .mil fellow. Ask me how I know)
Selling it still might be a bad deal, but nowhere near the loss on a financed truck. Since it ain't paid for?? except for five months he would take a big hit financially, and be without personal transportation.
Upon return to the states in any case buying another truck - bam, another 20 percent gone, down the tubes, as soon as it's driven off the lot. For this reason alone selling it makes little sense and is a good example why it is important to purchase things on credit only rarely and very carefully, and probably not brand new F350 with a five or six year note. (Again, maybe an assumption I shouldn't make)
You guys ever try to sell something you don't own? Guess what - the lender who holds the note has some strong opinions about that. If I buy it, I want the title. How does that work? Well he has to come up with the difference to satisfy the note.
The issue here really is a financial one, not storage or friggin' DEF availability. If it was paid for, then there are options. (Making some assumptions here on the average .mil fellow. Ask me how I know)
Selling it still might be a bad deal, but nowhere near the loss on a financed truck. Since it ain't paid for?? except for five months he would take a big hit financially, and be without personal transportation.
Upon return to the states in any case buying another truck - bam, another 20 percent gone, down the tubes, as soon as it's driven off the lot. For this reason alone selling it makes little sense and is a good example why it is important to purchase things on credit only rarely and very carefully, and probably not brand new F350 with a five or six year note. (Again, maybe an assumption I shouldn't make)
You guys ever try to sell something you don't own? Guess what - the lender who holds the note has some strong opinions about that. If I buy it, I want the title. How does that work? Well he has to come up with the difference to satisfy the note.
#29
#30
Sent from my Telegraph using IB AutoGroup