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New vs. Used Table  --  Why Buy Used??

2005 KW T600 2008 KW T600

TRUCK PRICE
$ 70,000.00 TRUCK PRICE
$ 100,00.00
FET ______ FET $ 12,000.00
SALES PRICE $ 70,000.00 SALES PRICE $ 112,000.00
       
FIRST YEAR DEP. 30% FIRST BUYER LOSS FIRST YEAR DEP. 30% $ 33,600.00
SECOND YEAR DEP. 25% FIRST BUYER LOSS SECOND YEAR DEP. 25% $ 19,600.00
THIRD YEAR DEP. 20% $ 14,000.00 TWO YEAR OWNERSHIP DEP. 20% $ 53,200.00
FOURTH YEAR DEP. 20% $ 11,200.00    
       
TWO YEAR OWNERSHIP DEP. $25,200.00    
       
INTEREST EXPENSE @ 15% 2 YR AMORTIZATION $ 11,480.00 INTEREST EXPENSE @ 15% 2 YR AMORTIZATION $ 16,352.00
       
WARRANTY REMAINDER ______ WARRANTY REMAINDER INCLUDED
       
FUEL COST 6.5 MPG @ $2.50 X 125,000 MILES $ 96,153.00 FUEL COST 6.5 MPG @ $2.50 X 125,000 MILES $ 96,153.00
       
MAINTENANCE CPM @ .06 $ 15,000.00 MAINTENANCE CPM @ .06 $ 8,750.00
       
TOTAL $ 147,833.00 TOTAL $ 174,455.00
DIVIDED BY MILES 250,000 DIVIDED BY MILES 250,000
COST PER MILE $ 0.59 COST PER MILE $ 0.70
 
Illustration shows $0.11 per mile less on pre-owned vs. new. Based on 125,000 miles per year, your costs are $13,750 less per truck. 2 years = $27,500
Figures based on 2-year ownership and 125,000 miles per year.

 

All of the trucks available on this website are owned and maintained by Murphy-Hoffman Company or one of its wholly-owned subsidiaries, and a complete description of the vehicle, as well as complete and detailed information about MHC's inventory, credit process, warranties and sales terms should be reviewed prior to purchase at: www.mhctruck.com.
No representations, terms or warranties other than those set forth on www.mhctruck.com shall be binding on Company.
 
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