Nice Trucks!
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Are Simple/cheap pickup trucks gone forever?
- Thread starter Comanche
- Start date
I have never paid more than 3.5% for 72 months....at least not in the last 10 years. My wifes Escape Titanium was purchased 0% for 72 months. Since the economy has gone up, interest rates have gone up so 3.2% for 72 months is the best I could do on a 2 year old truck with 26k miles. I could have gotten 0% if I would have purchased a brand new one, but it would have cost me 18 grand more for the same truck.
Having a credit report 16 pages long with paid off auto loans and a 800+ credit score helps.
I bought my previous wife a used 2WD explorer in 2005 and paid 24% interest on it because I had **** credit.
I bought my previous wife a used 2WD explorer in 2005 and paid 24% interest on it because I had **** credit.
I should also mention that it took me two weeks to buy the King Ranch from the day I took it home on a BCA to the day I actually agreed to a deal and signed the papers.
It took me three weeks to buy my new F150 and I had brought half a dozen vehicles home and spoken to 20 or so dealerships in that time.
It took me three weeks to buy my new F150 and I had brought half a dozen vehicles home and spoken to 20 or so dealerships in that time.
Only? How much was your full coverage insurance on top of that? With those 2 were you paying between 700-1000 a month to drive one of them? Too pricey for me.
That's why I pay cash for vehicles. I detest debt. Only debt I carry is my mortgage and working on that. I see a large monthly nut as a chain. Everytime I look at a monthly payment I convert that into time I have to work a month. I used to work in auto finance. I was always amazed how much of the month people were willing to work just to drive. People making 4k a month net paying 1k, 1 out of every 4 weeks, just to drive between payment and insurance.
Not saying you are doing that. Just was always amazed that so many were willing to do so.
That's why I pay cash for vehicles. I detest debt. Only debt I carry is my mortgage and working on that. I see a large monthly nut as a chain. Everytime I look at a monthly payment I convert that into time I have to work a month. I used to work in auto finance. I was always amazed how much of the month people were willing to work just to drive. People making 4k a month net paying 1k, 1 out of every 4 weeks, just to drive between payment and insurance.
Not saying you are doing that. Just was always amazed that so many were willing to do so.
Courtesy Ford Rome has a F250 Platinum that is stickered at $72,811. You can get them down from that but even that at 3.11% for 72 Months is only 1110 a month. A ridiculous amount to be sure, but a far cry from 1500.
https://www.romefordlinc.com/new-Rome-2019-Ford-Super+Duty+F+250+SRW-Platinum-1FT7W2BT7KED49873
Here is a fully loaded RAM that is stickered at $60.124. Rams are always cheaper than Fords so they are a little softer on the wallet. 3.11% for 72 months is $916 per month.
Most people buying those big diesel trucks finance for 84 months though.
I just happen to have my insurance binder here on my desk as I was looking at it last night.
For the F-250 I was paying $460 every 6 months for full coverage
For the F-150 I am paying $585 every 6 months for full coverage
Both very cheap in comparison to the 1100 every 6 months I pay for liability only on my sons 2002 F-150 2WD.
$1,500 per month???!?!?!?!??
*******! That's a new 740i payment.
*******! That's a new 740i payment.
