Should I sell my Hot Rods for new truck?

Discussion in 'Trucks and Trailers' started by Irwin97, Nov 13, 2013.

  1. Southern grass

    Southern grass LawnSite Member
    Messages: 62

    Keep the hot rods
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  2. Optimum Lawn

    Optimum Lawn LawnSite Member
    Messages: 232

    And how much will you loose driving the new Truck off the lot.....that alone could buy another non depreciating toy/rod/? or fix a existing truck/Rod nicely and still not be loosing $$$ to depreciation per say.

    Your $$$ ...enjoy it as you wish....bottom line
  3. Irwin97

    Irwin97 LawnSite Member
    Messages: 75

    @larryinalabama - I work because I love and have passion for it + my business is 100% running and operated by my family so we get to work with each others everyday. @gcbailey - 68' GT sounds nice! I used to have 64 1/2 and wouldnt mind getting my hands on Mach 1 one day. @joemower - True as far as if business can support it ... I have no loans as all of my trucks, equipments and trailers been bought with cash so I stay away from loans. @buttaluv - I have two trucks for business both with 7.3 diesel 4x4 and so forth but I need something like daily driver or "boss" truck ... maybe I will pick up other older F350 for it. @southerngrass - I think I would might keep them unless I get offer I cant refuse? @optimum_lawn - If I were to buy truck ... it would be with me for long time and yeah I could buy other Rod if so ha.
  4. clydebusa

    clydebusa Inactive
    Messages: 1,660

    I agree, if you use the hot-rod keep it. I love my toys and it is a way to unwind and do something different. Only way I would in my case sell is if I was :walking:.
  5. larryinalabama

    larryinalabama LawnSite Fanatic
    Messages: 19,377

    My passion is also in Lawn Care, and I also like toys. New trucks are nice, but they are soon old, real soon in this business. After 6 years in business new trucks and mowers don't excite me anymore.

    Remember the old saying "He who dies with the most toys wins"
  6. Jpocket

    Jpocket LawnSite Silver Member
    Messages: 2,281

    I have a classic hot rod and an rv. Had a boat but sold it and regret it. For me this stuff is why I work. Not to mention that I don't really get a kick out of work anymore (10yrs in business). I drive a newer personal pickup but I would not be willing to give up toys to get a truck, thats sort of moving backwards. You may not drive the hotrods much now but 5 years from now you'll probably be kicking yourself. There have been periods where my hotrod sat a whole summer but I never thought of selling cuz that money would be gone in the blink of an eye. , especially if it's for a downpayment
  7. Ole grass cutter

    Ole grass cutter LawnSite Member
    from FL
    Messages: 22

    DO NOT sell the old trucks. They will always be worth more as they age..... the new truck will never be worth what you pay for it. Would love to see a pic of the old trucks.
    Last edited: Jan 23, 2014
  8. zabmasonry

    zabmasonry LawnSite Senior Member
    from C. VT
    Messages: 316

    Here's one way to think about it. your hot rods are definitely personal property. If you sell a hot rod, and buy a new truck, and you call the truck a work truck, you are essentially investing more money into your business. If I invest my personal money into my business, I expect to receive a return on my investment, will doing this result in a return on investment?

    If the new truck is going to be a new personal truck, then it's just up to what you would prefer to personally own.
  9. Landrus2

    Landrus2 LawnSite Fanatic
    Messages: 5,020

    If you plan to stay in business for 20 years go get that new truck.:waving:
  10. larryinalabama

    larryinalabama LawnSite Fanatic
    Messages: 19,377

    Wonder if the OP sold his Rods.

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