I currently own an F-150 Lariat with 260k miles on it. Trade in value $3k.
>make $41k a year between two jobs. >will get an increase to $46k in about a year. >possibly into the $50k range. >have no student loan payments >have no insurance payments (yes I have insurance) >have no house/rent/utilities payments >have no food expenses
I literally only save my money or spend a bit here and there on my hobbies. My only current truck expense is gas ($400 a month). No major repairs required so far.
I was going to buy a used F-250 with low miles for $35k. But I looked at new ones today (in person) and found that my ideal work truck (F-250 XLT) with everything I want on it is only $51k new.
My options are: >buy exact new truck I want for 51k or less depending on negotiations >buy nicer used truck (Lariat/King Ranch/Platinum) for same price >buy used XLT that isn't exactly what I want for 15k less like original plan
I plan on getting a winch/toolbox/brush guard for it cause I use my truck for off-road on sand/mud/trails and for farm use. I need to tow boats, tractors, trailers so I need a 250. With that in mind is a used truck better for off-road and farm use? It's not everyday use but often enough that I need it in my truck. I also carry shit in my bed a lot like kayaks, farm equipment, ect...
So Veeky Forums, which one should I buy. My dream truck, a used comfort truck, or a used working truck? Will I be paying the same in gas for a new 250 as I'm paying for my older 150? Will a new truck require less maintenance?
If you ok knowing that you are gonna fuck up the truck using it for truck stuff and you wanna be the first person to fart in it. Sure buy a new one.
Colton Bennett
dont buy a new truck if you plan on going offroading, new trucks are for cruising with your gf
you dont want to be that guy who buys a $50,000 truck and wrecks it in a month
Easton Hill
The new Duramax is badass, but damn they are expensive.
Andrew Sullivan
I've never been in a vehicle accident. Most damage done to my vehicle is branches hitting the paint which Ill try to avoid with a new one.
I plan to keep it for 8+ years. I don't mind wear from use. It's a truck not a fucking display piece.
On that note, financing looks affordable but I want the best deal. If I do 60 months it's 4.9% apr. So if I talk it down to 45k I'm looking at spending 52-53k. If I pay full price it's a 60k truck but only $750 a month or so. How should I try to negotiate this. I assume knowing exactly what I want new gives me more power to negotiate. Especially considering most F-250's on the lot I went to were 4-6k below MSRP.
Luis Cooper
Why not fix the current truck? If it's not rusty it's worth rebuilding the suspension and buying good tires to make it ride nice.
Henry Hill
Don't buy a car for more than your annual income while you're still living with mommy and daddy.
Tyler Smith
4.9 at 60 is terrible
Carter Ramirez
If you can't pay it off in 3 years you can't afford it.
Caleb Hughes
I can afford paying it in 3 years. That's $1200 a month at 2.9%. But I'm not super keen on doing that. I don't have other expenses but a longer loan at a higher rate will cost more overall but allow me to be more flexible with any required costs that come up.
I can look around at banks and credit unions. But with minimal credit I'm still gonna be looking at 3-4% apr. Part of financing this and a CC is to build my credit score before I move on to things like a house.
Mommy and Daddy are cosigning. And it's barely more than my annual income (plus a guaranteed raise in like 10-12 months).
