Buying new truck question....

[patience0830]

Did you know dodge is bringing back the Rampage!!!!!

That's one poor ugly excuse for a truck.

 

[AtTheMurph]

I would not buy a new truck or car now. Used prices are dropping like a rock. I don't give a crap what anyone is asking. They aren't getting it.

Low ball them and you will find someone desperate enough to sell at your price. New, not so much.

 

[SMiller]

I would not buy a new truck or car now. Used prices are dropping like a rock. I don't give a crap what anyone is asking. They aren't getting it.

Low ball them and you will find someone desperate enough to sell at your price. New, not so much.

My math tells me a new truck purchase is a better investment then a used.

Lot of things to take into consideration.

 

[lovemachine]

My math tells me a new truck purchase is a better investment then a used.

Lot of things to take into consideration.

How would a new truck purchase be a better investment?

 

[firecadet613]

How would a new truck purchase be a better investment?

I was in this spot 2 years ago. I was all set to spend $33k for a year old truck with 30k miles on it until I learned it was $35k for brand new, zero miles and a year newer. You can guess what I did.

With rebates of upwards of $5,000 on brand new full size pickups it's hard to buy a used one, unless you go a lot older. 20-25% off MSRP on a full size pickup is not uncommon and if you keep it any length of time it's your best bet. I managed 23% off MSRP on a 2016 I ordered and 26% off MSRP on the 2014 I had before that.

 

[avboiler11]

Last week I purchased a 2017 Silverado 1500 Crew 4x4 for ~71.5% MSRP, less than the same lot's ask on a 2015 with 20k miles on it.

I traded up from a 2016 Colorado Crew 4x4 (needed more towing capability) and the Silverado was less than 10% more than I paid the Colorado last year. Chevy has significant rebates & incentives going on Silverados right now...

 

[lovemachine]

Hah who wants $400 a month payments....

 

[firecadet613]

Hah who wants $400 a month payments....

How long are you financing a $40,000+ pickup to get payments down to 400/mo?

 

[Route 45]

Hah who wants $400 a month payments....

Depends on your budget. And your perspective.

 

[Route 45]

Did you know dodge is bringing back the Rampage!!!!!

I wouldn't worry about seeing that abomination on the road in the future. I'd be surprised if Chrysler is still in business by 2020. The CEO of Fiat Chrysler is actively seeking to sell off the Jeep and Ram brands to anyone who will take them.

 

[lovemachine]

How long are you financing a $40,000+ pickup to get payments down to 400/mo?

Why? How did you finance yours?

 

[firecadet613]

Why? How did you finance yours?

Simple math says 40,000 divided by 60 is 666 a month. Not sure why you'd finance it longer than that.

 

[lovemachine]

Simple math says 40,000 divided by 60 is 666 a month. Not sure why you'd finance it longer than that.

True, but if you include sales tax and the interest rate, your monthly payment becomes $808 for 60 months.

 

[firecadet613]

True, but if you include sales tax and the interest rate, your monthly payment becomes $808 for 60 months.

Exactly my point. You said who wants $400/month payments. On a 40k truck it's much more than that unless you do some kind of crazy financing.

 

[Tactically Fat]

True, but if you include sales tax and the interest rate, your monthly payment becomes $808 for 60 months.

And registration...and insurance premiums...

 

[lovemachine]

Exactly my point. You said who wants $400/month payments. On a 40k truck it's much more than that unless you do some kind of crazy financing.

Or have a down payment....

 

[firecadet613]

Or have a down payment....

That too. Either way, new is a much better deal than slightly used as long as the crazy rebates keep up. Since Ford won't want to lose the best selling title they've had for years, I bet they'll keep up.

Regardless, you've got to pay one way or another to drive a newer truck these days.

 

[avboiler11]

Generally speaking, interest rates are lower on new than used, too.

 

[SMiller]

That too. Either way, new is a much better deal than slightly used as long as the crazy rebates keep up. Since Ford won't want to lose the best selling title they've had for years, I bet they'll keep up.

Regardless, you've got to pay one way or another to drive a newer truck these days.

Ford is only best selling on paper as when you combine Chevy and GMC the numbers are much higher then Ford...

 

[Hoosier Carry]

That's one poor ugly excuse for a truck.

Ohhh come on, you know that 12 pointer would look good in the back with the tailgate down!





Just so we are on the same page, yes I think the truck is dorky. So were the older ones as well.