Keep Ford F-150 Limited PB or Buy a Tundra?

testerdahl

testerdahl

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Staff member
From my inbox:

Hoping you can help with advice on my situation. I'll try to explain as quickly as I can, but you probably won't hear this one everyday.

We (family) sold our trucking company last year after 62 years of service. I currently drive a company vehicle (2021 F150 Limited Powerboost), only 21,600 miles and just went out of warranty. My options are to return to the vehicle back to the company, buy it outright for $50K, or trade it in and pay the company back the $50K value. Truck is in excellent condition both physically & mechanically, and literally looks brand new both in and out.

I'm considering a 2024 Tundra Platinum, undecided on I-Force or I-Force Max (your opinion?). I've never owned a Toyota vehicle before, have heard nothing but great things, but leery of the growing pains Toyota is still having 3 years into the Gen 3's.

With that said, I would bet against Ford on longevity and their "known" problems that they do not address and or correct. Don't get me wrong, I love the Limited Powerboost, but my gut is telling me to get rid of it.

What would you do in this situation? Open minded to other ideas as well.

Jeff

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My response:

First, thanks for the email. Second, I'm going to post this question in our forum. This way others can weigh in. My two cents are to keep the F-150. If it is in great shape, then why take a chance on a new truck that could have issues? I could see if you didn't like it for some reason, but it seems like you do.
 
My opinion has been consistent. Find the one you like, the one your drawn to and get it. I don't think you can go wrong with any of the 4 trucks out there currently. They all have their issues and they all ignore their issues.

Without knowing the specifics of how this truck will be used we can't offer deeper advice.

The only take away is the price of the Ford. $50k. If that is a really good price, save the money and stay with it. If it's an avg. price get what you want. If it's a shitty price, get a new truck. KBB seems to think it should be around 54-59 so I would vote to save the 6-10k and keep the Ford.
 
"With that said, I would bet against Ford on longevity and their "known" problems that they do not address and or correct. Don't get me wrong, I love the Limited Powerboost, but my gut is telling me to get rid of it."

If you keep it, at the first semi-serious problem, you will saying to yourself "should have went with my gut instinct." Turn it in and get what you want.
 
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If you want the Tundra than pull the trigger and get it... or you will always have this nagging feeling you should have when you had the chance.
 
I take it the company has assigned the value of $50K? You are in a great situation. Regardless of what you want to drive, you need to determine what you're working with. Shop it around to dealerships to find out what they'll give you for it. Ask for straight sale not trade.

If most of them would give you more than $50k, buy it from the company. Now you at least know you are ahead regardless of whether you choose to keep it. So, if you do decide to go for a Tundra, you'll have more than $50K to put down.

If no dealer would give you $50K, I'd probably give it back and cut my losses.

Once I've settled that, then I will take some hard looks at the Tundra to determine if it has any advantage over the Ford enough for me to want to trade. Based on the Ford mileage, you don't drive much so the perceived high mileage quality of the Toyota does not really have much impact. At your rate, at age 20 the truck will only have 140K miles. Any brand will do that pretty easily.
 
The 21 PB was the first year Ford had built that model, and dealer service droids if there were problems, struggled to figure out fixes. I'm a 21 F150 V8 owner who follows the forums. Current PB owners are in much better place.

So I'd give it back to the company and get what I want.

PS I'm very pleased with my F150.
 
Trying to buy based on "reliability" is not how I do things. All truck manufactures are capable of producing dog poo, and all truck manufacturers are capable of producing a truck that can take you 250k miles pretty much problem free - so what happens when you get a truck you didn't like but was supposed to be reliable and it lets you down?

Regret.

Buy the truck you like, based on what you can afford, keep 5 to 10 k in your back pocket for future repairs over the next 10 to 15 years and enjoy the truck that makes you tick.
 
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