Pbutler97
Midwest
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Joined: 09/22/2022
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FishOnOne wrote:Next thing GM will be offering 0% financing before you know it which leads me to say; hopefully GM can stay out of that infamous special meeting with Congress.
There it is ROFLMAO......
FYI they're doing 4.69% for 72 for the "very well qualified" or 3.9% for 72 if ya want a 1500 with 2.7 turbo high output engine.
* This post was
edited 11/15/22 03:41am by Pbutler97 *
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shelbyfv
TN
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Joined: 02/18/2006
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72 months/6 years!!! For a car??? ![[emoticon]](http://www.rv.net/sharedcontent/cfb/images/doh.gif "doh")
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Pbutler97
Midwest
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shelbyfv wrote:72 months/6 years!!! For a car???
Must be nice to have $60-70K laying around to pay cash for a new truck lol.
IMO that would be kinda stupid anyway.
Now a $20K Kia or something is a different story lol.
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shelbyfv
TN
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Joined: 02/18/2006
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![[emoticon]](http://www.rv.net/sharedcontent/cfb/images/smile.gif "smile") There are a few advantages to being old. Seriously, what happened to 36 months and buying within our means?
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Pbutler97
Midwest
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shelbyfv wrote:There are a few advantages to being old. Seriously, what happened to 36 months and buying within our means?
I personally don't have a problem with 60 or 72 at some ridiculously low rate like 0% or even 1.9%. Look at it like an unlimited mileage lease that you don't have to give it back or come up with a payoff at the end. Not into laying out that much coin on the front end for a fast depreciating item when I can use someone else's money on the cheap.
Having second thoughts though about ordering a 24 2500 though, not paying 4.69%. Thats not happening. There is a big difference between able to afford and wanting to afford.
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shelbyfv
TN
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Yep. Not much worse "investment" than an auto, unless it's an RV or boat.
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blt2ski
Kirkland, Wa
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Joined: 03/15/2001
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Some of us bought our first home a year out of college for $60,000. That home is now appraised at 10 times the amount. It's still a blinken 750 sq ft 3 bed, 1 bath, car garage home starter home around here.
Marty
92 Navistar dump truck, 7.3L 7 sp, 4.33 gears with a Detroit no spin
2014 Chevy 1500 Dual cab 4x4
92 Red-e-haul 12K equipment trailer
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4x4ord
Alberta
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Joined: 12/23/2010
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shelbyfv wrote:Yep. Not much worse "investment" than an auto, unless it's an RV or boat.
Most of us wouldn't call purchasing an auto an investment although the last few years owning a new truck has paid a pretty good return.
2022 F350 SRW Platinum short box 4x4.
B&W Companion
2008 Citation Platinum XL 34.5
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Pbutler97
Midwest
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4x4ord wrote:shelbyfv wrote:Yep. Not much worse "investment" than an auto, unless it's an RV or boat.
Most of us wouldn't call purchasing an auto an investment although the last few years owning a new truck has paid a pretty good return.
Not really. Still a losing proposition. Sure they were offering high trade values but at the same time getting MSRP and a lot of them a hell of a lot more than that. Vehicles are basically nothing more than an expense.
I'm crushed, a new truck purchased with my Crypto proceeds is now out of the question I think lol.
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Bionic Man
USA
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Joined: 04/03/2009
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shelbyfv wrote:There are a few advantages to being old. Seriously, what happened to 36 months and buying within our means?
36 month terms made more sense when vehicles were $20,000 and mostly worn out at 100,000 miles. Considering prices are now 3x - 5x that, and vehicles easily go well beyond 200,000 miles, longer terms make sense. Especially when interest rates are low (and 5% is still very low historically speaking).
2012 RAM 3500 Laramie Longhorn DRW CC 4x4 Max Tow, Cummins HO, 60 gallon RDS aux fuel tank, Reese 18k Elite hitch
2003 Dodge Ram 3500 QC SB 4x4 Cummins HO NV5600 with Smarty JR, Jacobs EB (sold)
2002 Gulf Stream Sea Hawk 29FRB with Honda EV6010
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