There is no way to spin this. Not a lesser depreciation rate from other vehicles,
or a low finance rate. The money your company gives you for a vehicle could be going in the bank or stock market. so that isn't a good view either. They don't force you to spend that money on a vehicle use it or lose it style.
NO FORD RAPTOR is a a good investment. There are just ways you are going to lose
less money than perhaps someone else.
"if you think the market is going to tank" Unless you are the ******* oracle of omaha, you don't know shit and neither does anyone else about what the market is going to do. Dollar cost averaging people.
It is astonishing how much money the money spent on one of these vehicles could be making in a basic S&P 500 fund, compounded over time.
Best financial advice ever is never buying a new vehicle. Since we all need to get around in style, just go about it a bit smarter.
70+k for a new truck. suck my balls
Having written that. I'm super happy with the 2017 I bought very far from the sticker of 65k.
I paid 47,500 with 29k miles on it in perfect condition, fully loaded out.
Have your affairs in order. Nothing more sad than a person driving a nice car living in a ****** apartment. That right there is a few guys I work with, priorities all ****** up
If you are going to raptor retard then do it, just don't go full retard.
You make some good points- but I highly disagree w/ buying used vs new, especially since trucks hold their value so well. An HD diesel you plan on using to plow or tow? Sure used is a good way to go most of the time. But it really all depends on the deal- if you’re getting very low or NO interest on a new truck, if you haggle on it & timing is right it can be a better deal overall.
Also- once you “rip the bandaid” off & buy new, it’s easier to keep that up going forward as your vehicle will ALWAYS be worth more than if you buy used. Now- I don’t subscribe to this mantra when it comes to real high end luxury cars, exotics, or hobby/sports cars like corvettes & wranglers - there are thousands of pristine examples barely used w/ tasteful mods thrown at em etc.
but just compare scenario- I bought my ‘18 raptor new....b/c I had a ‘15 GMC Sierra - also bought new originally - that got totaled by deer w/ 62k on the clock. The ins co forks over $34k - if I had bought that GMC used it would’ve been a 12-14 model year w/ $85-120k on it & been worth a good bit less as total loss.
My new ‘18 stickered for $66.8k - I got down to $59.5k & that price included a $550 tonneau cover & $1000 credit toward extended warranty so I had to shell out another $630k in total $60,130 I put $15k down cash + the $34k from ins & financed the rest @ like 1.9%
now just paid off title in hand I got a rolling *** of $50k give or take, no payment, & a vehicle that should last me another 4-5 years no problem & is warrantied regardless. Has 21.5k miles on it. That’s the other kick in the nuts buying a slightly used expensive vehicle- you ultimately getting a vehicle that COULD have been beaten to death for the first 25k by an a owner KNOWING they intend to swap it out, minimal to zero maintenance & you get the aftermath. Along w/ seats that have had someone else’s sweaty balls on em, farts, sneezing on dashboard, etc.
I joke- but it’s very analogous in a way since furniture is damn expensive too....who buys used furniture? Couldn’t imagine it right? Used beds/mattresses? Nah no way right?
I GUARANTEE you right now a) my sweaty ass spends more time in my car seat than my couch or possibly even bed (unfortunately) & b) I’ve eaten/drank all kinds of stuff in it, all type of bodily fluids (human or otherwise) have graced the interior, & I simply like the peace of mind knowing exactly what has or hasn’t been done to the vehicle.
I just swapped out the fluid in diffs & TRansfer case @ 20k- I can all but assure you whomever owned your used Raptor did not.
Like I said- to me all comes down to the deal, finance rates, & what you can afford. I also don’t think you should ever be in a loan/car situation you can’t bail on at any time.
