Money back
1st December 1978, Page 69
1st December 1978
Page 69
Page 69, 1st December 1978
— Money back
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.
If you've noticed an error in this article please click here to report it so we can fix it.
Keywords :
Piston, Depreciation
It is difficult to remember that only 12 years ago a Seddon 1 3:Four lorry with Perkins 6.354 engine could be bought for £2,800. That investment was made by Dennis Halsall, an owner-driver, of Clayton Street, Skelmersdale, Lanes, and he is still drawing dividends from it after 550,000 miles.
The engine was rebored, with new pistons and rings, at 270,000 miles in 1 972 and a piston was replaced five years later. Otherwise it has undergone only routine maintenance and is said to have averaged about 13 mpg over its life.
Replacing the lorry at today's prices is going to be quite a problem unless Dennis has assiduously built up a depreciation fund.
Tags
People:
Dennis Halsall