Yes your correct, however there may be more to the story. It was his dad's truck he inherited. I have a 97 ford 4x4 3/4 ton just setting in shed. Paid only one thousand dollars 4 years ago. I keep comp. ins only which is very reasonable. If need which is most likely in winter with snow all that necessary is call, even leave message on insurance agents phone to cover on road. I drive around farm occasionally to keep battery up and gasoline full. For the small ins cost , and I figure no depreciation as truck will likely be worth 1000.00 ten years from now. Not to say your wrong just maybe other values are worth the cost.
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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