A better way to look at the situation might be like this.
You are on your way to the beach to hang out with friends. You need to take two kegs of beer with you. Here are your choices:
* A used 2015 Ford F-150 truck with about 60,000 miles on it for $30,000. Truck is in good shape with a scratch or two here and there. Truck comes with a 1 year replacement warranty so if it breaks, the dealership just takes it back and gives you another truck used truck.
* A brand new 2022 Ford F-150 truck with all the latest features. It's engine has 200 more horsepower than the 2015 yet gets 8 more miles to the gallon thanks to the latest engine tech. Comes with heads-up display that illuminates across the windshield like in the movies, built-in GPS, 5.1 surround sound AM/FM/USB/DVD/XM radio. And pretty much anything else you can think of including the kitchen sing. $95,000.
Remember, you just taking 2 kegs of beer to a party at the beach with friends. How much truck do you need?
JamesNT
Last edited by JamesNT; 12/11/2021 11:13 AM.