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There's a old saying in the cow business that you make your money when you buy. Buying a new vehicles you loose when you buy and trade. Buying new vehicles is the worst investment a person can make, but they sure a nice and shinny.


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Originally Posted by TrueGrit
There's a old saying in the cow business that you make your money when you buy. Buying a new vehicles you loose when you buy and trade. Buying new vehicles is the worst investment a person can make, but they sure a nice and shinny.


This is very true, terrible investment buying new. But I’ve done it for 40 years or so. But I don’t do credit. I save enough to buy with cash. I cannot imagine 72 or 84 month financing, at any interest rate.


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Originally Posted by TrueGrit
There's a old saying in the cow business that you make your money when you buy. Buying a new vehicles you loose when you buy and trade. Buying new vehicles is the worst investment a person can make, but they sure a nice and shinny.


Everyone that drives, drives a used car.


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Originally Posted by rockinbbar
Originally Posted by Bocajnala
Yep.

Even with 0% interest you're locking yourself into payments until it's paid off. No thanks.

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laugh


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Originally Posted by rockinbbar
Originally Posted by TrueGrit
There's a old saying in the cow business that you make your money when you buy. Buying a new vehicles you loose when you buy and trade. Buying new vehicles is the worst investment a person can make, but they sure a nice and shinny.


Everyone that drives, drives a used car.

Very true.


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Cannot speak to the U.S. Big 3. However, Toyota has notified employees that they are planning to resume production at Georgetown, KY on 04 May 2020....



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Perfect time to buy a truck!

We actually bought a matched pair today.
(consecutive VIN's no less)


Of course they are both 36 years old.

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Originally Posted by 16penny
If you put Taco Bell sauce in your ramen noodles it tastes just like poverty
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Disagree with your neighbor. Dealerships are hemorrhaging and they don't even know it. Manufacturers finance their inventory, but dealers make money on repairs and used vehicles which have been sky high recently. After the soft startup you'll see only 65-70% of people returning to jobs. Less than 50% will return to jobs in retail, hospitality and restaurants. Commercial real estate will take years to recover.

Spent a few days truck shopping for a slightly used 2019 F-150; one dealer wouldn't budge the other was willing to deal. It will be a buyers market if you're buying.

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None yet.


F700's, white cab, red grain box, gas engine.

One has 28k miles, it's twin has 29k.

We'll be the third owner.

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Nice. Juice brakes?


Originally Posted by 16penny
If you put Taco Bell sauce in your ramen noodles it tastes just like poverty
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Yeah, and they have a 'micro' brake knob for park brake.


Pretty straight old trucks. Roll tarps, like new tires, probably a bit under-powered but we're only using them to haul seed wheat, not super truckin'.


We are retiring a couple older IH trucks to field duty only.

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This guy lays a lot of stuff out. He has some interesting videos. There are no 0% interest rates on 2020 Fords out here, only new 2019s'. Superduties and some Mustangs are not part of the 0% deal.

Last edited by smarquez; 04/23/20.

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I just bought a boat for half price . I would say there are some bargains about to show up on cars and trucks .

I usually pay cash but if they are offering 0% that would be considered .

The dealers are about to be desperate to move inventory .

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Financing is great right now if you want 7 year payments and you have very good credit. Depends on the truck you want. Selection will be limited to whats on hand. They will not be taking order for a specific truck unless you to really wait. Used market should be better soon. Again depends on the truck. 1/2 ton gas, or 3/4 ton, 1 ton diesel. I doubt the diesels are going to tank anytime soon.

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Originally Posted by rockinbbar
Originally Posted by TrueGrit
There's a old saying in the cow business that you make your money when you buy. Buying a new vehicles you loose when you buy and trade. Buying new vehicles is the worst investment a person can make, but they sure a nice and shinny.


Everyone that drives, drives a used car.

+1. And some pay $20k for a used car already 10 yrs old. And then turn around and put $2k of extras on that same car. Crazy what some folks do with their money.

Car buying threads are the best!

Last edited by turkish; 04/24/20.
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I believe in what Dave Ramsey says. Never finance anything but a house. Only buy new when you are worth about 1 million and can blow it on one.

Otherwise, buy several years old and pay cash.

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Dave Ramsey is a jackass. Making millions off the ignorant, regurgitating financial advice that would be obvious to any 10 year old that's ever ran a lemonade stand.



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Originally Posted by SamOlson
Yeah, and they have a 'micro' brake knob for park brake.


Pretty straight old trucks. Roll tarps, like new tires, probably a bit under-powered but we're only using them to haul seed wheat, not super truckin'.


We are retiring a couple older IH trucks to field duty only.


444 or 466's? I have a '95 4700 lo-pro with a navstar 7.3 that has 490,000 on it. Looks like hammered [bleep] and I have no idea how it passes inspection every year, but it's a [bleep] workhorse. Starts on ether and smokes like Snoop Dogg but a [bleep] workhorse.



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