Understand where you are coming from and wish you the best on the 2014 negotiations. I was making the point that monthly payments is irrelevant as if you only had 36 payments left and now extend it to say 84 for $65 more than it typically isn't a wise move but if the raptor continues to hold value like it does then it starts to make sense. Personally I am not a payment shopper and look more at what total amount I am purchasing and how large of a payment can I make to pay it off the soonest.
If you only knew what my actual payments were compared to the payment amount the bank needs each month. Also paying off a huge mod bill too.
Yes I agree with you and know where your coming from. However I never keep a vehicle for more than three years. I get bored quickly. Also I know I will want a 2018 Raptor when they put the TTV8 in there!!!
I have been smart or lucky depends on how you look at it that I always have about $5k in equity on all of my trades. I am a crazy car person! Bought a 15 Camaro 1LE last year and thinking about trading for a new Stingray already!
It really comes down to if the deals make sense. I pay to play per say and enjoy every mile and drive what I want to drive, life is too short!
With interest rates being so low and my credit good I have never paid more than 4%. I will take there financing and refinance at a credit union for 2.19% for 72 months and not have a payment for 5 months! These funds will go to principle as I will still make payments. Sell the beadlock wheels and tires and get the rear entertainment DVD's for the kids
If I don't like the deal I will walk. Biggest PIA is removing everything to transfer over to the new truck and then making a window tint appt.
I do appreciate this convo guys very cool group!
