I’d think you’d be better off letting “the ranch” buy a new one, and having your accountant write down the depreciation.
A new Dodge diesel (stripper) is $45k down here. I’ll pay half price for a vehicle if I think it has MORE than half its’ life left, but you’re talking about almost half price for a vehicle that is 3/5 used up (150k out of 250k).
I just picked up a 2010 Toyota Sequoia for $12,900. It’s got 135k on it. Figure it can go 250-300k. So, I paid 1/4 of new price, for a vehicle with maybe 1/2 of its’ life left.
You’re not getting a BAD price, it’s just that diesels are so darn expensive to work on these days, that I’m leery of high mileage ones, unless they’re a steal...
