I’m driving a ten year old Silverado Z71. It’s been well maintained but used hard at times. It needs a couple of grand of normal wear maintenance and new tires. I’m at a point though that I can pay cash for something new instead if dealers start an “end of the world” sale.
I’ll probably regret it if I do. Sleep better at night feeling like we are better prepared than most. Having a shiny new truck isn’t a priority in my mind. BUT BUT BUT I want it.
Paying cash for NEW vehicles is a fools errand. Especially when 0% deals are around! I know many will say I'm wrong! The truck will decrease in value, the money will gain in value if handled correctly. Just saying!
When I see 84 month financing, I'm trying to remember any time in my life where I'd not have puked at the thought of making a payment on a 7 year old vehicle, even one that was running well & still looked decent.
My last GM, at 7 years old, had had the motor our 3x in their attempts to diagnose & stop an oil leak, and had myriad other [excrement] going wrong with it. I can't imagine still shelling out $500 or more every month while they were "fixing" it.
FC
