Started By
Message

re: How much is your truck note?

Posted on 9/8/17 at 12:57 pm to
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 9/8/17 at 12:57 pm to
quote:

Used car market aint what it use to be.


true, but ...we can buy new for $50K and lose $12-15k over the next few years or buy a three-year-old truck and lose $3-5k over the next few years.

with that said, of course, not everything is about optimizing financial outcomes but it makes more financial sense to buy used.
This post was edited on 9/8/17 at 1:01 pm
Posted by TigerBait2008
Boulder,CO
Member since Jun 2008
32403 posts
Posted on 9/8/17 at 12:57 pm to
I'm not gay so don't have a truck, not that there is anything wrong with that..
Posted by J Murdah
Member since Jun 2008
39782 posts
Posted on 9/8/17 at 12:58 pm to
Why give yourself debt when you dont have to?

I dont get why someone who has no car/truck note would want to make a car payment just to have that sweet lifted truck.
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40079 posts
Posted on 9/8/17 at 12:58 pm to
quote:

2011 Highlander w/ 95k miles on it for $12,300.


Good for you.

I would never buy a vehicle with 95k on it

Everyone is different though.

My first car was a used car with only 18k on it.
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40079 posts
Posted on 9/8/17 at 1:00 pm to
quote:

true, but ...we can buy new for $30K and lose $12-15k over the next few years or buy a three-year-old car and lose $3-5k over the next few years.

with that said, of course, not everything is about optimizing financial outcomes but it makes more financial sense to buy used.



Rocket I totally agree 100% with your premise.

I am however a car guy. That's my shite. Some people drink to they are puking every weekend, some folks waste it on hookers and blow, some on pokemon cards, and hell even on sporting events.

My shite is cars. Therefore thats where my no allocated funds go to.

I still fill my 401k, I still maintain a healthy brokerage acct. , and I still have that fricking eth holding
This post was edited on 9/8/17 at 1:02 pm
Posted by cubsfinger
On The Road
Member since Mar 2017
1550 posts
Posted on 9/8/17 at 1:00 pm to
Yea I guess you're higher in society than me. I'm more of a realist and try to think about what if I loose my leg and can't pay my note? I'll just be back at square one, taking my invested money out with penalty so I don't lose my wheels.
This post was edited on 9/8/17 at 1:01 pm
Posted by zzemme
Member since Nov 2008
10163 posts
Posted on 9/8/17 at 1:01 pm to
2017 Chevy Silverado double cab. $400 month
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 9/8/17 at 1:01 pm to
quote:

I still fill my 401k, I still maintain a healthy brokerage acct. , and I still have that fricking eth holding


right on brother
Posted by JetFuelTyga
Born in desert,raised in lion's den
Member since Feb 2016
1786 posts
Posted on 9/8/17 at 1:02 pm to
60 months, 0% interest.


Pay around $425/month after down payment/trade in.
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 9/8/17 at 1:03 pm to
quote:

Used car market aint what it use to be.



dont know about the whole market but the used truck market is a fricking joke. hell the New truck market is retarded.
Posted by BilJ
Member since Sep 2003
158756 posts
Posted on 9/8/17 at 1:04 pm to
quote:

This is the Dave Ramsey crowd


dude sucks
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 9/8/17 at 1:04 pm to
Who are you people with $30K in cash lying around? Yall ballin.
Posted by TbirdSpur2010
ALAMO CITY
Member since Dec 2010
134026 posts
Posted on 9/8/17 at 1:05 pm to
My truck, the White Whale, is paid off
Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6546 posts
Posted on 9/8/17 at 1:05 pm to
$688.74
Posted by Forkbeard3777
Chicago
Member since Apr 2013
3841 posts
Posted on 9/8/17 at 1:05 pm to
quote:

Good for you.

I would never buy a vehicle with 95k on it

Everyone is different though.


It's a Toyota. I could put 300k on it if I wanted.

Considering I sit and work in an office daily, I have access to the L, Uber, and we tend to fly wherever we vacation - why would I want a brand new car or a $400, $500 monthly note? I can't say I've ever opened the mailbox and thought to myself, "Gee...I wish I had another $400 bill in here."

I'll buy cheap(er) and invest the rest or pad the Roth.
This post was edited on 9/8/17 at 1:07 pm
Posted by HeyHeyHogsAllTheWay
Member since Feb 2017
12458 posts
Posted on 9/8/17 at 1:06 pm to
quote:

Yea I guess you're higher in society than me. I'm more of a realist and try to think about what if I loose my leg and can't pay my note? I'll just be back at square one, taking my invested money out with penalty so I don't lose my wheels.



I definitely have white privilege bro. It's called military retirement.

Posted by Forkbeard3777
Chicago
Member since Apr 2013
3841 posts
Posted on 9/8/17 at 1:08 pm to
And it isn't just a $400.00 monthly note. Factor in your insurance, maintenance, and gas, then recalculate and get your monthly payment. I just had to explain this shite to my daughter.
This post was edited on 9/8/17 at 1:10 pm
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 9/8/17 at 1:09 pm to
quote:

dude sucks


always amazed how he acquired such a cult following

must have been solid marketing, idk
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40079 posts
Posted on 9/8/17 at 1:09 pm to
quote:

It's a Toyota. I could put 300k on it if I wanted.

Considering I sit and work in an office daily, I have access to the L, Uber, and we tend to fly wherever we vacation - why would I want a brand new car or a $400, $500 monthly note? I can't say I've ever opened the mailbox and thought to myself, "Gee...I wish I had another $400 bill in here."

I'll buy cheap(er) and invest the rest or pad the Roth.


Maybe because people like me who are car nuts enjoy a nice car?

People pay extra monthly on their vices. Why is that okay but not a car?
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 9/8/17 at 1:09 pm to
Have a car and a truck.

And own both

Jump to page
Page First 2 3 4 5 6 ... 14
Jump to page
first pageprev pagePage 4 of 14Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram