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Be interesting to know how many are repo'd
Know several months ago i thought about trading the 08 250 due to the
diesel prices. At that time would be lucky if got half of what you paid for one a few month earlier. Dealer told me that many owed allot more than close to being worth. I paid cash so his recommendations was just to keep it. And get something a little better on fuel. The lose that would take could easily pay for a small fuel efficient vehicle. Anyway have been curious how many have lost there trucks due to worsening economy. Have people seen many going across auction yards |
Curious myself. I am blessed to have paid cash for mine also (when times were better). Right now it's nice not having to worry about a payment.
Prayers up for those struggling now ~ |
Originally Posted by Pagnew
(Post 3525673)
Curious myself. I am blessed to have paid cash for mine also (when times were better). Right now it's nice not having to worry about a payment.
Prayers up for those struggling now ~ |
Originally Posted by inurok
(Post 3528378)
I paid cash for my truck too back in 2005 but now I am disabled and wish I had that money right now when I need it.
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im lucky if mine is worth half what i owe lol.. its not that big of a payment so...not a big deal. the guy that had it before me had it repossesed according to the small dealer i bought it from. im sure i can still get a good deal on a 08 with all the incentives etc.. i have good credit so im not to worried. i just wouldnt be able to sell it privately.
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My truck is probably worth half what it was paid for - even with low mileage 25K. Oh well, I bought it as in investment in our family like farm work, hauling building supplies and taking the family in a nice trailer on a vacation from time to time...it's definately been a great investment in that regard.:beers:
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I am making payments but at 0% interest, which is no different that paying cash, except that I get to keep my cash and give it to Ford incrementally over 5 years.:thumbsup: It will be a year old next month and I have 6000 miles on it. At this rate, I might hit 60,000 miles in 10 years. Riding a motorcycle to work all summer long really helps keep the miles off the truck.;)
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is it still posible to get 0% on an 08 or.. are those considered used now??
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Originally Posted by freekyFX4
(Post 3528731)
I am making payments but at 0% interest, which is no different that paying cash, except that I get to keep my cash and give it to Ford incrementally over 5 years.:thumbsup:
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Originally Posted by Pagnew
(Post 3528890)
However ya want to look at it, and nothing against the payment plans (we do that with our Saturn) - or disrespect f~FX4 - but it's still a payment and a leasing company still actually owns it :rolleyes:
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Originally Posted by freekyFX4
(Post 3529036)
Ok, let me get this straight. I can keep my $40,000 and earn interest on that $40,000 for 5 years and pay $600 a month to Ford at 0% interest or I can hand Ford $40,000 and let them earn interest on that $40,000 for the next 5 years. Let's see...I guess I don't care that Ford Credit holds the title to my truck. What good does having the title do me anyway? Can't race for pink slips?:rolleyes:
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Originally Posted by Pagnew
(Post 3529092)
OK...if you feel like pushing this let me put it this way...I bet you didn't have the $40K to pay your truck on the spot, that is why you financed, which is understandable (but of course, you have the cash and decided to finance!).....right! (BS). Also, If I remember right you just recently traded in your truck for another one for this 'remarkable' finance plan. You are paying for a truck at the value you bought it on that day for the next 5 years as it continues to lose value. Sorry guy...you ARE making a payment! You do NOT own it! Ford is getting something out of you whether you believe it or not. I bet your full of BS when you say you paid $40K for a 2008 F250 Diesel.
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Originally Posted by freekyFX4
(Post 3529113)
You keep making assumptions about me...I think I know what that makes you!:p You talk a lot of talk about me without knowing me at all. The feelings are mutual...but I don't need to resort to profanity to get my point across. The fact that you do is a sign of a weak mind. Work on your vocabulary, and you won't need to call me names. Hope you're having a great day...I am because the Steelers just beat the pants off of the Chargers. Peace!:p
Dude... did I make 'assumptions'?? all I said was 'I bet'! When you don't tell the truth you are just that...c%$#...the truth is righteous. Everything else is a joke. Go figure....I don't say nothin' about you..your own words do. |
Originally Posted by Pagnew
(Post 3529121)
Dude... When you don't tell the truth you are just that...c%$#...the truth is righteous. Everything else is a joke. Go figure....I don't say nothin' about you..your own words do.
I really don't feel the need to explain myself to you, but since you feel so smart, I will give you the facts. I bought an 08 F250 in May of 07. My payment was right at $700 a month for 60 months at 7.9% interest. I traded in a truck that I had about $6,000 in equity, due to the fact that it was also financed at 0%. I made 8 payments for a total of about $5600. I traded it in in February of 08 for my current truck, payment is $676 a month for 60 months. So, if you add it all up, I suppose I will have paid $51,600 ($6,000 from trade-in, $5,600 in payments for that 8 months, and $40,000 in monthly payments) for the truck, but I did get 9 months and 15,000 miles of use out of the first truck, and that use is worth something. Regardless, I am so glad that holding the title to your truck makes you feel so good about yourself. It seems like you really enjoy it, so more power to you. I can assure you that the fact that Ford Credit holds the title on my truck really doesn't bother me a bit. It's just funny how you always seem to take the things that I say as personal attacks on your way of thinking. You say that you prefer one thing. I say that I prefer another. You get all upset and start cussing at me, and around we go. The only conclusion that I can come to is that you are the kind of person who is not happy unless everyone agrees with you. That's too bad because those people usually spend a lot of time mad at the world. Have a great day!:thumbsup: |
Originally Posted by freekyFX4
(Post 3529168)
Wow, that was profound.
I really don't feel the need to explain myself to you, but since you feel so smart, I will give you the facts. I bought an 08 F250 in May of 07. My payment was right at $700 a month for 60 months at 7.9% interest. I traded in a truck that I had about $6,000 in equity, due to the fact that it was also financed at 0%. I made 8 payments for a total of about $5600. I traded it in in February of 08 for my current truck, payment is $676 a month for 60 months. So, if you add it all up, I suppose I will have paid $51,600 ($6,000 from trade-in, $5,600 in payments for that 8 months, and $40,000 in monthly payments) for the truck, but I did get 9 months and 15,000 miles of use out of the first truck, and that use is worth something. Regardless, I am so glad that holding the title to your truck makes you feel so good about yourself. It seems like you really enjoy it, so more power to you. I can assure you that the fact that Ford Credit holds the title on my truck really doesn't bother me a bit. It's just funny how you always seem to take the things that I say as personal attacks on your way of thinking. You say that you prefer one thing. I say that I prefer another. You get all upset and start cussing at me, and around we go. The only conclusion that I can come to is that you are the kind of person who is not happy unless everyone agrees with you. That's too bad because those people usually spend a lot of time mad at the world. Have a great day!:thumbsup: Your posts speak for themselves and I will not respond to your wimp, joke retorts anymore. It's way off topic anyway! See ya! |
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