Originally Posted by JMR40
...The longer he keeps it the value drops and the cost of a new truck goes up. He can trade it today and put $15K-$20K with it and buy a new truck. Or wait 5 years and get $5K for it and expect new trucks to increase in price by another $5K. And hope he doesn't spend $5-8K on a new engine and transmission...


This is a good point. Plus, right now, he can get something like 0% financing. The feds have already begun to increase interest rates.

"There's more to optics than meets the eye."--anon

"...most of us would be better off losing half a pound around the waist than half a pound on our rifle."--dhg