Ruroh! 2012 might not make it to my driveway

[SaintsFan]

Congrats, that's a nice looking truck. Definitely what I would get if there was no such thing as the Raptor.

 

[Reptar]

Nice truck...you're going to love it....till a Raptor pulls up next to you at a light and you gaze onwards at what you could have had LOL!

In all seriousness though those 3.5 EB's are awesome trucks. I drove one last week, and I almost wanted to just drive off and never come back and leave my 00 5.4 truck behind LOL! The EPAS is also a nice feature I wish the 6.2's came with that the other powertrain trucks all have.

 

[Maxx2893]

What's EPAS?

 

[comagt]

What's EPAS?

Electric Power Assist Steering.

I just don't see that setup liking Baja style conditions though.

 

[RaptorScrew]

Who's giving that interest rate and term right now?

US Bank, Chase, Wells Fargo, Citizens Automobile Finance...the list goes on and on.

I'm selling new GMCs at 2.25 - 2.40% for 60 months and 2.75% for 72 months! OAC.

 

[Nick@Apollo-Optics]

Great looking truck! Just make sure you keep your hands off that motor hahah

US Bank, Chase, Wells Fargo, Citizens Automobile Finance...the list goes on and on.

I'm selling new GMCs at 2.25 - 2.40% for 60 months and 2.75% for 72 months! OAC.

Anyone who finances a vehicle for 72 months is an idiot.

 

[Big Green Machine]

Anyone who finances a vehicle for 72 months is an idiot.

I saw last night online that my credit union's now offering 84 month financing on new vehicles.. While I wouldn't do it, some people obviously want that service or it wouldn't be offered. I personally don't see any issues with long term financing, just like how some lease or whatever.. not my bag but it works well for some.

I cringe when I read absolute statements such as the one you just posted. 72 months may be silly to you and not a realistic option but for others, it works. The one thing I've realized as I've gone through the years is that everyone has different needs and what makes sense for one often times does not make sense for another.

Try not to pass judgement on others as I'm sure you have done things that other people would shake their head at and say.. "Anyone who does X is an idiot."

 

[Nick@Apollo-Optics]

I saw last night online that my credit union's now offering 84 month financing on new vehicles.. While I wouldn't do it, some people obviously want that service or it wouldn't be offered. I personally don't see any issues with long term financing, just like how some lease or whatever.. not my bag but it works well for some.

I cringe when I read absolute statements such as the one you just posted. 72 months may be silly to you and not a realistic option but for others, it works. The one thing I've realized as I've gone through the years is that everyone has different needs and what makes sense for one often times does not make sense for another.

Try not to pass judgement on others as I'm sure you have done things that other people would shake their head at and say.. "Anyone who does X is an idiot."

Perhaps. But financing a depreciating asset and constantly aging technology for 6 or 7 years is not the best idea. I guess that's just what my finance classes have taught me.

 

[swoop1156]

If you can still get a good rate for a long term and double the payment -- or at least put some extra toward it and pay it toward the principal only, I'll usually take the longer term and still pay it off early.

Why be forced to pay whatever it is for 36-48 months when I can pay that anyway, but if I need to save up for a trip or something, I can just pay the minimum? That makes sense to me.

 

[comagt]

If you can still get a good rate for a long term and double the payment -- or at least put some extra toward it and pay it toward the principal only, I'll usually take the longer term and still pay it off early.

Why be forced to pay whatever it is for 36-48 months when I can pay that anyway, but if I need to save up for a trip or something, I can just pay the minimum? That makes sense to me.

Exactly, if the interest rate is low or carries a small difference vs a shorter term then a lower liability isn't a bad thing. Pay early when you can and you're actually better off.