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Re: Truck prices
[Re: Boco]
#6673460
11/23/19 12:06 PM
11/23/19 12:06 PM
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Joined: Dec 2008
Posts: 4,421
Yukon
yukon254
trapper
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trapper
Joined: Dec 2008
Posts: 4,421
Yukon
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I have been as you say,financially independent over half my life,since my house mortgage was paid off.
I always buy cash,never borrow.The first new vehicle I bought I borrowed and paid it off in 4 years.I kept making payments into my own "vehicle account" after it was paid off.Ever since I have paid cash for new vehicles.Paid off my house mortgage by saving half of the cost for down payment before buying,and by making payments every 2 weeks instead of monthly,it was fully paid in 11 years as opposed to 15.
I have always owned two or three new vehicles at a time since the mid 90's.
You have to be smart about how you manage your money and don't buy into the BS about credit being better than paying cash.Make payments to yourself and have that money working for you instead of the bank.
And new low milage used vehicles nowadays are about the same price as brand new,no savings buying those. Not sure if Driving Force has outlets near you ?? But you can check out their website. A very basic new truck will cost you 50K minimum in Canada. Prices go up from there. I know guys who have paid over 90 K, and mid 60s is common. I can buy a certified truck just a couple years old with 18-25 km on it for under 25K. Thats half price or better. I agree cash is the way to go. Im 56 and have never had a mortgage and only paid rent once when we were first married. We saved, bought land, and built ourselves. Dave Ramsey has great financial advice. Why do you need all those new rigs?? Unless you are filthy rich you have a lot of your cash tied up in three rigs you cant possibly drive at the same time! If I had that kind of cash I would quit working and go trapping 
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Re: Truck prices
[Re: yukon254]
#6673461
11/23/19 12:07 PM
11/23/19 12:07 PM
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Joined: Aug 2011
Posts: 45,510
james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 45,510
james bay frontierOnt.
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That was the small 8 Yukon-good engine,good truck all around.Sold it for $6500 with extra tires and rims to a guy I knew.
I ordered my new one from the factory with the options I wanted and a lot I did not.
One vehicle for the wife,and another for me running around,and the trapping truck.Like I said I keep new vehicles for 10 years,all are not new at the same time.
The wife needs a new one every 5 years since she puts on a lot of miles.She likes working(out of town) and only retired this year.She also volunteers for a lot of stuff related FN,native womens assn,and the elders group for fundraising etc.
I'm an old age pensioner,I just do what I want when I want since 2012.
Last edited by Boco; 11/23/19 12:14 PM.
Forget that fear of gravity-get a little savagery in your life.
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Re: Truck prices
[Re: beaverpeeler]
#6673465
11/23/19 12:15 PM
11/23/19 12:15 PM
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Joined: May 2016
Posts: 1,306
Maine
Jonnytrapper
OP
trapper
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OP
trapper
Joined: May 2016
Posts: 1,306
Maine
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Johnnytrapper, I see your solution. Go buy a truck from Boco. There well maintained and he's got more than he needs! Maybe he'll loan me one for the trapping season lol! I wish I knew someone selling. So much depends on how they are maintained.
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Re: Truck prices
[Re: Boco]
#6673471
11/23/19 12:27 PM
11/23/19 12:27 PM
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Joined: Dec 2018
Posts: 5,214
Crivitz WI
Sprung & Rusty
trapper
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trapper
Joined: Dec 2018
Posts: 5,214
Crivitz WI
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New trucks are cheaper to buy than always having to fix unreliable old junk.Especially if you put a lot of milage.Not to mention the aggravation when stuff starts to wear out.
I like to buy new,keep them maintained and they will last me a good 10 years,and have a decent re-sale value.I own several vehicles,and put on about 30,000 km a year on the truck.
There are a few good used trucks out there.If you go that route make sure you buy from someone you know,who took care of the mtc,otherwise it is a crap shoot. Big difference between junk and pre owned. Repairs are usually cheaper than payments. Buying new has to much depreciation. You lose in the end. If one can afford new that is great, but financially 3 years old and older are better decisions. It's been proven.
No Jab.
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Re: Truck prices
[Re: Jonnytrapper]
#6673475
11/23/19 12:30 PM
11/23/19 12:30 PM
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Joined: Dec 2010
Posts: 34,912
Central, SD
Law Dog
trapper
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trapper
Joined: Dec 2010
Posts: 34,912
Central, SD
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There is a reason a vehicle has become a preowned and often it's at a mileage where problems will occur or have already in most cases.
Was born in a Big City Will die in the Country OK with that!
Jerry Herbst
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Re: Truck prices
[Re: Law Dog]
#6673480
11/23/19 12:32 PM
11/23/19 12:32 PM
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Joined: Dec 2018
Posts: 5,214
Crivitz WI
Sprung & Rusty
trapper
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trapper
Joined: Dec 2018
Posts: 5,214
Crivitz WI
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There is a reason a vehicle has become a preowned and often it's at a mileage where problems will occur or have already in most cases. Some yes. Others because we live in a materialistic society and people want new for status, or just because they can.
Last edited by Sprung&Rusty; 11/23/19 12:38 PM.
No Jab.
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Re: Truck prices
[Re: Jonnytrapper]
#6673490
11/23/19 12:43 PM
11/23/19 12:43 PM
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Joined: Aug 2011
Posts: 45,510
james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 45,510
james bay frontierOnt.
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It worked well for me during my life,takes a bit of planning/long term thinking when starting out and some willpower to bank money but pays off big time later on.You will have all kinds of money(and stuff) and not owe a cent to anyone.
Forget that fear of gravity-get a little savagery in your life.
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Re: Truck prices
[Re: yukon254]
#6673506
11/23/19 01:07 PM
11/23/19 01:07 PM
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Joined: Jan 2007
Posts: 5,459
Montana
Taximan
trapper
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trapper
Joined: Jan 2007
Posts: 5,459
Montana
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A friend of mine travels down to California every few years to visit his mother who lives there. He flies down, buys a truck, ( used) and drives back. He really likes Toyotas so thats what he usually gets. Anyway he says that there are some real good deals in California and Nevada, and its so dry vehicles dont rust there. Might be an option for ya?? California taxes the daylights out of pickups.I did that with my current Tacoma.Blue book here was 21,000 and 16,000 in California.Savings more than made up for a plane ticket.I had not known that vehicles Blue Booked differently in some States till my bank pointed it out.
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Re: Truck prices
[Re: Jonnytrapper]
#6673510
11/23/19 01:14 PM
11/23/19 01:14 PM
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Joined: Dec 2006
Posts: 11,217
Oregon
beaverpeeler
trapper
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trapper
Joined: Dec 2006
Posts: 11,217
Oregon
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No sales taxes in Oregon and we don't salt roads either.
My fear of moving stairs is escalating!
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Re: Truck prices
[Re: Paul Dobbins]
#6673578
11/23/19 03:21 PM
11/23/19 03:21 PM
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Joined: Dec 2008
Posts: 4,421
Yukon
yukon254
trapper
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trapper
Joined: Dec 2008
Posts: 4,421
Yukon
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I don't buy new. I bought my 2000 Tacoma in 2004 with 100,000 miles on it and paid 10,500 for it. It now has 660,000 miles on it and repairs are no where near what new replacement vehicles would have been over the years. It's in great shape. Heck, I wouldn't hesitate to drive it to Alaska and back. I've heard so many stories like this that a Toyota will be my next truck. Wont even look at anything else.
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Re: Truck prices
[Re: Jonnytrapper]
#6673675
11/23/19 05:53 PM
11/23/19 05:53 PM
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Joined: Dec 2010
Posts: 34,912
Central, SD
Law Dog
trapper
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trapper
Joined: Dec 2010
Posts: 34,912
Central, SD
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The new Toyota trucks are spendy and they have so much tech it's scary they tried to sell me several warranty plans when I bought it . If it runs out of warranty and breaks down it could get crazy or reported stolen. LOL
Was born in a Big City Will die in the Country OK with that!
Jerry Herbst
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Re: Truck prices
[Re: Jonnytrapper]
#6673695
11/23/19 06:17 PM
11/23/19 06:17 PM
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Joined: Nov 2015
Posts: 16,951
OH
Catch22
trapper
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trapper
Joined: Nov 2015
Posts: 16,951
OH
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I would never buy a new truck, heck I couldn't swing it anyway, but if I could I still wouldn't. Find a used one from the south that has good bones and fix it up. I bought a 97 f250 HD couple years ago and right now, it's a big part of why I won't make it to PA this year to hunt. However, I think by 2021, I should have a humdinger I can drive anywhere and I won't have a payment. It sucks to be me now, but here I come.
I wonder if tap dancers walk into a room, look at the floor, and think, I'd tap that. I wonder about things.....
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