Exactly the point I have tried to make!
Others might say " Why spend 7k on a vehicle worth maybe 5k?"
If you are going to keep it, makes no difference.
We KNOW you could not buy a vehicle for 7k with all that work done to it...
Yeah, it just doesn't make sense. My diesel is prob worth $15k-$18k, but would cost me at least $50k to replace it with something newer, $70k+ to replace with new. The truck cost me $19k 3 years ago with 104k miles, now has 156k with all new seals, head studs, water and oil pumps, etc. It'll pull anything I need it to and is easy around town. $7,000 is only 7 months' worth of new truck payments, my current truck payment is $0/mo. Seemed like a no-brainer to me.