Truck Owners...

[Stormwalker]

Yeah, all my vehicles are SUVs (Cherokees) besides the Mustang. But I bought them all when they were fully depreciated for cheap, and have gotten more than my money's worth out of them. Example:

Wife's 93 Cherokee Country:

Purchased Sept 2004 135k miles
$1600

Present July 2008 201k miles
mkt value: $800 - $1100*?

We've had it for 47 months if I figured that correctly.

Breaking that down to a "monthly car payment**":

Sell now for $900: $14.89/month

Burn truck to ground right now, laugh, don't bother turning it in for scrap (zero value): $34.04/month


So, seeing if I would sell it now for 900 bucks my "car payment" would have been less than 15 dollars a month over the time I've owned it, you can see why I balk at these 200 dollar car payments I hear about. Sheesh, you people are getting ripped off.





*I figure $900 mkt price is fair for a high mileage good working cherokee with working A/C

**This does not include the cost of repairs/maintenance. This figure is quite low, due to the truck never breaking down and $10 DIY oil changes

[Outrun]

Yeah, all my vehicles are SUVs (Cherokees) besides the Mustang. But I bought them all when they were fully depreciated for cheap, and have gotten more than my money's worth out of them. Example:

Wife's 93 Cherokee Country:

Purchased Sept 2004 135k miles
$1600

Present July 2008 201k miles
mkt value: $800 - $1100*?

We've had it for 47 months if I figured that correctly.

Breaking that down to a "monthly car payment**":

Sell now for $900: $14.89/month

Burn truck to ground right now, laugh, don't bother turning it in for scrap (zero value): $34.04/month


So, seeing if I would sell it now for 900 bucks my "car payment" would have been less than 15 dollars a month over the time I've owned it, you can see why I balk at these 200 dollar car payments I hear about. Sheesh, you people are getting ripped off.





*I figure $900 mkt price is fair for a high mileage good working cherokee with working A/C

**This does not include the cost of repairs/maintenance. This figure is quite low, due to the truck never breaking down and $10 DIY oil changes

Car payments are for suckers. Cash, or it ain’t worth buying. Only thing to buy on credit is a home. Everything else can wait until I can afford it.

[Ruiner]

Car payments are for suckers. Cash, or it ain’t worth buying. Only thing to buy on credit is a home. Everything else can wait until I can afford it.

Agree completely. Unfortunately I have not practiced what I believe

[Fosters]

Yeah, all my vehicles are SUVs (Cherokees) besides the Mustang. But I bought them all when they were fully depreciated for cheap, and have gotten more than my money's worth out of them. Example:

Wife's 93 Cherokee Country:

Purchased Sept 2004 135k miles
$1600

Present July 2008 201k miles
mkt value: $800 - $1100*?

We've had it for 47 months if I figured that correctly.

Breaking that down to a "monthly car payment**":

Sell now for $900: $14.89/month

Burn truck to ground right now, laugh, don't bother turning it in for scrap (zero value): $34.04/month


So, seeing if I would sell it now for 900 bucks my "car payment" would have been less than 15 dollars a month over the time I've owned it, you can see why I balk at these 200 dollar car payments I hear about. Sheesh, you people are getting ripped off.





*I figure $900 mkt price is fair for a high mileage good working cherokee with working A/C

**This does not include the cost of repairs/maintenance. This figure is quite low, due to the truck never breaking down and $10 DIY oil changes

my 87 f150 i bought for 1300, sold for 1600 2 years later... only problems with it, the power steering pump boiled all the fluid out once and locked up - started running fine as soon as I put fluid back in ($5?); and a battery to alternator cable - 10 bucks at a junkyard. Not bad getting paid 285 dollars to own a truck

[Notch]

The only vehicle I've ever bought was the mustang and a non running tbird, so I guess I came out ahead. And my dd is a navigator, but I got it free, so I'm still coming out great in the long run. Price of gas sucks, but when you didn't have to pay for the car, its not that bad...

[Stormwalker]

my 87 f150 i bought for 1300, sold for 1600 2 years later... only problems with it, the power steering pump boiled all the fluid out once and locked up - started running fine as soon as I put fluid back in ($5?); and a battery to alternator cable - 10 bucks at a junkyard. Not bad getting paid 285 dollars to own a truck

Meh, I've one better on you.

Free 1992 F-150 2x4 5.0L 5 speed with no title or tabs ($0)

Guy named Juan who saw it sitting by road 2 weeks later and wanted to buy it, unconcerned about title since they "just write up new papers for it in Mexico" ($400)

Profit: $400

[Fosters]

Meh, I've one better on you.

Free 1992 F-150 2x4 5.0L 5 speed with no title or tabs ($0)

Guy named Juan who saw it sitting by road 2 weeks later and wanted to buy it, unconcerned about title since they "just write up new papers for it in Mexico" ($400)

Profit: $400

see? and they say Fords have bad resale

[289Notch]

I don't invest shit into anything that isn't a toy. I drive beaters so I can invest all my money into 2 mustangs that havevn't ran ..

I win.

[shineynitelite]

WRONG

damn wimminz and the led foot anyway, that truck would be eating gas

[LES]

I was offered $17000 trade on my Dizzal 3 weeks ago. Granted I was trading on a Class C RV. We were about $3000 apart. I would have taken $20000. Oh well. Leave it sit and use it to tow the tent on wheels for a bit longer.

[Wislnby]

I thought about trading in my truck when it comes time for a new vehicle, but i'm just going to keep it. Park it behind the garage and just use it when I need it.

[ACRucrazy]

Wonder what the value of my truck is... 2001 Dakota, 4.7 4x4 with 288,000 miles on it..




Prices keep dropping I may have to start looking for a deal on an 03 Ram 2500 Cummins

[ACRucrazy]

http://www.autotrader.com/fyc/vdp.jsp?ct=u&car_id=247558332&dealer_id=1361244&car_year=2003&num_records=25&model=RAM25002WD&make3=&systime=&make2=&sfy=true&start_year=2003&engine=&keywordsrep=&keywordsfyc=&certified=&fuel=Diesel&body_code=0&search_type=both&distance=0&marketZipError=false&model3=&model2=&search_lang=en&first_record=76&make=DODGE&color=&keywords_display=&page_location=findacar%3A%3Aispsearchform&min_price=&fsb=b&drive=2+wheel+drive&default_sort=priceDESC&max_mileage=&style_flag=1&sort_type=priceDESC&address=55125&advanced=y&end_year=2004&pager.offset=75&transmission=Automatic&doors=&max_price=18000&cardist=855

[Fosters]

http://www.autotrader.com/fyc/vdp.js...00&cardist=855

wish I wasn't a sissy not wanting to drive a 2wd truck up here again...

[mnstang]

i probably paid twice the blue book value for the truck i bought in april. blue book is a loose guideline and nothing more.

i'm going to start actively trying to sell my old truck soon, i know i'm not going to get anything for it, oh well. maybe i should whine that the govt. should step in and force somebody to buy it for blue book value.