goducks10
There
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Joined: 02/22/2010
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I would take advantage of the current market. But I'd put that truck on Facebook or autotrader, etc. The shape it's in and being a one owner you'll make several $1k more buy selling it on your own. I would venture it's gone in a week easily.
Then you can take your cash and have an easier time dealing on a new truck.
Of course you can still try the trade in route and maybe you'll get real close to retail. The markets still decent for used trucks and who knows what the market will be like in 4-5 years. New trucks will be more $$$ and used will naturally be worth less.
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FishOnOne
The Great State of Texas
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Joined: 02/12/2011
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With the current status of high interest rates, UAW strikes, quality issues, I would hold off on purchasing a new vehicle unless you absolutely need one.
'12 Ford Super Duty FX4 ELD CC 6.7 PSD 400HP 800ft/lbs "270k Miles"
'16 Sprinter 319MKS "Wide Body"
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wildtoad
Blythewood, SC
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Joined: 06/05/2011
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One does not need to Squirrel away money in a cash only account. Plenty of safe income generating investments out there. There’s no good reason to swap trucks now, except of course if the new truck bug has already got the OP by the nads.
Tom Wilds
Blythewood, SC
2016 Newmar Baystar Sport 3004
2015 Jeep Wrangler 2dr HT
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PA12DRVR
Back in God's Country
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Joined: 09/17/2003
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Do what you can to avoid payments in retirement...I'd say that's criteria #1. A close second is to remember the definition of a market (willing buyer + willing seller) means that selling any truck always depends to a degree on someone else....but the value of a dependable truck is strictly something that you determine. Would YOU actually gain anything by switching your nice, dependable truck for a newer, likely-but-not-guaranteed dependable truck plus switching costs?
If your current rig looks good, drives good, might retain some value, then if it were me, I'd keep it and not buy a replacement until needed.
CRL
My RV is a 1946 PA-12
Back in the GWN
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JRscooby
Indepmo
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Joined: 06/10/2019
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You got a good truck. Go to dealer, make a deal with min down, financed from now until you retire. Walk out, start making that payment into a savings account, as additional savings.
Keep driving the one you got, until close to retirement or somebody offers a bunch for the the old truck. Sell when you have a buyer that wants what you got, not when you need to get rid of a truck.
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