- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
I did the financially responsible thing for once with vehicles.
Posted on 5/27/23 at 9:57 pm
Posted on 5/27/23 at 9:57 pm
I have wasted a ton of money on vehicles. I almost did it again by going buy a new Suburban.
Instead, I traded in my Tundra for a Camry. I had 3 years of payments left on the truck. I could afford it but I felt it was unnecessary and wasteful.
I don't haul anything and I'm driving 70 miles a day. Gas is eating me alive at 12/mpg
I got almost what I paid for the truck new. I cut a check for the difference and now I have no car note.
I got a 2018 Camry XLE with 8,000 miles that will likely last me until Jesus comes.
I also reduced my personal expenses by $1000/mo between note, insurance and gas.
It was a tough step but I pretty much got a brand new car. I'm down to one car note for my wife.
So, if you see what looks like Mr. Incredible driving around in a Camry, honk your horn for financial responsibility.
Instead, I traded in my Tundra for a Camry. I had 3 years of payments left on the truck. I could afford it but I felt it was unnecessary and wasteful.
I don't haul anything and I'm driving 70 miles a day. Gas is eating me alive at 12/mpg
I got almost what I paid for the truck new. I cut a check for the difference and now I have no car note.
I got a 2018 Camry XLE with 8,000 miles that will likely last me until Jesus comes.
I also reduced my personal expenses by $1000/mo between note, insurance and gas.
It was a tough step but I pretty much got a brand new car. I'm down to one car note for my wife.
So, if you see what looks like Mr. Incredible driving around in a Camry, honk your horn for financial responsibility.
35
Posted on 5/27/23 at 10:07 pm to DiamondDog
I've been thinking of downsiIng to a maverick, because I like the idea of still being able to use a bed. But holy hell those things are marked up
Posted on 5/27/23 at 10:13 pm to 21JumpStreet
I just looked at it like this. I have some financial goals I want to meet...essentially I want to buy a camp for my kids to go hunting and fishing in their youth like I did.
I need to start saving for that now, so when they're 7/8 we are on the water.
If I continue to save $1,000 a month for the next 6/7 years instead of buying a Suburban or continue to pay for the truck...I'm $75-$80,000 there...buying a boat cash, down payment on the camp and still probably paying less than $1,000.00 a month in note for the camp.
My kids don't have grandparents like I did to make all that happen, so it's got to be me.
Driving the Camry back and forth to work for a few years makes it a reality.
I need to start saving for that now, so when they're 7/8 we are on the water.
If I continue to save $1,000 a month for the next 6/7 years instead of buying a Suburban or continue to pay for the truck...I'm $75-$80,000 there...buying a boat cash, down payment on the camp and still probably paying less than $1,000.00 a month in note for the camp.
My kids don't have grandparents like I did to make all that happen, so it's got to be me.
Driving the Camry back and forth to work for a few years makes it a reality.
Posted on 5/27/23 at 10:16 pm to DiamondDog
Cars are paid off next year hoping to drive them into ground
Posted on 5/27/23 at 10:24 pm to DiamondDog
Smart move.
Posted on 5/27/23 at 10:28 pm to DiamondDog
Best moves aren't flashy 
Posted on 5/27/23 at 11:41 pm to DiamondDog
Congrats! It's so hard for people to not take the first step.
Cash flow bump and will change your behavior. We haven't had a car payment in 9 years.
Nobody cares about what you're driving. Just think, do you recall the cars you've seen this last week? I don't
quote:
I got almost what I paid for the truck new. I cut a check for the difference and now I have no car note.
Cash flow bump and will change your behavior. We haven't had a car payment in 9 years.
quote:
So, if you see what looks like Mr. Incredible driving around in a Camry, honk your horn for financial responsibility.
Nobody cares about what you're driving. Just think, do you recall the cars you've seen this last week? I don't
This post was edited on 5/28/23 at 6:17 pm
Posted on 5/28/23 at 2:31 am to DiamondDog
Good for you. What made you think you needed to drive a truck around before? Sport that camry proudly and buy your kids a camp
Posted on 5/28/23 at 4:17 am to DiamondDog
Went from a mid sized SUV for many many years to a 6 year old Hyundai Elantra about a year ago and love it. 16mpg to consistently over 40mpg now is pretty substantial with 50-75 miles driven daily
This post was edited on 5/30/23 at 6:33 am
Posted on 5/28/23 at 6:20 am to DiamondDog
Everyone laughs at me for driving a Hyundai Sonata. I laugh every time their note comes out
Posted on 5/28/23 at 6:47 am to SulphursFinest
Our household income is well over 300k and I’m about to buy an Elantra.
Posted on 5/28/23 at 6:55 am to Odinson
Jesus you’re loading hahaha. That’s some impressive and smart decisions
Posted on 5/28/23 at 8:02 am to SulphursFinest
I bought a used 2015 Hyundai Accent in January 2017 that was a former rental car with 40K miles. I paid cash, just under 10K. I haven’t had a single mechanical issue. Best purchase I’ve ever made. I’m not much of a car enthusiast, I just want to get from point A to point B.
Posted on 5/28/23 at 8:16 am to TheWalrus
Good job, OP. If I didn’t work from home I’d consider a downsize. My truck is 11 years old and I drive less than 5k a year so there’s really no point. Hopefully get another 10 years out of it and cross that bridge next decade.
Posted on 5/28/23 at 9:11 am to DiamondDog
quote:n joy ur up vote Baw
DiamondDog
Posted on 5/28/23 at 10:32 am to SulphursFinest
quote:
Everyone laughs at me for driving a Hyundai Sonata. I laugh every time their note comes out
I drive a 2005 Toyota Camry with 140,000 miles on it. Insurance is cheap gas is cheap and I haven’t had a car note in 15 years. These morons with $700 to $1000 notes on depreciating assets are idiots. I use the extra money to max out 401k/Roth/HSA.
Posted on 5/28/23 at 10:39 am to ronricks
quote:
depreciating assets
That's pretty much my mindset, too.
If my goal is financial independence, why dump money into depreciating assets.
If my goal is early retirement, why dump money into depreciating assets.
Now there are other goals in life, too. And I understand families with RVs, boats, motorcycles.
But based on getting one from point A to point B, I subscribe to your point of view.
Posted on 5/28/23 at 10:48 am to DiamondDog
Nice. This country has "normalized" luxury vehicles to the extent that its crippling many. I drive a 17 year old truck with 200k miles, and I hope to get another 200k out of it (its diesel). A new, replacement in kind truck would be $90k. Like you, I'd rather use that money to buy land somewhere.
Posted on 5/28/23 at 11:00 am to thelawnwranglers
quote:
Cars are paid off next year hoping to drive them into ground
I can’t do it. I spend an absurd amount of money on vehicles.
Posted on 5/28/23 at 11:19 am to dragginass
quote:
Nice. This country has "normalized" luxury vehicles to the extent that its crippling many. I drive a 17 year old truck with 200k miles, and I hope to get another 200k out of it (its diesel). A new, replacement in kind truck would be $90k. Like you, I'd rather use that money to buy land somewhere.
I’ve got a 21. 22 and 23 and already looking at what I want to replace my 21.
I think I’ve got a problem
Page 1 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News