Home Forums Hunting & Shooting Hunter's Campfire Average Car or Truck Payment

It actually came from a guitar I own, I traded for a 1983 Gibson Flying V...and instead of the truss rod cover saying Flying V....it said Killer V. It's red too. Just sort of took.

My last couple of vehicles thry required me to borrow at least $20,000 to get an additional $1500 discount. You have to leave the loan active for at least 6 months so I pay about $18000 for the first payment and the make 6 payments of a little over $300 each.

With all discounts I paid $39,600 for my 2019 ram Laramie new in 2019 when sticker was $59,000. A few weeks ago the dealer offered me $44,000 cash to sell it to them because I only have 8,000 miles on it.

I bought a new GMC 1500 all terrain in 2014 and drove it 2.5 years putting 30,000 miles on 8t and then sold it for $2,000 more than I paid. Once in a while you can get good deals on a new one if you but when deals there instead of waiting until you need a new ride. Lately there hasn't been any good deals.

I tried the old used thing before and bought a used Buick regal with a supercharged 3.8. Over 2 years I averaged $4,000 a year in repairs and up keep. I ditched it and leased a brand new Toyota camry fir zero down and $199/month. After 3 years I sold the camry for more than the residual payoff.

If I was a better mechanic I'd own more older vehicles. I still have my 94 yukon 2 door but I don't mind working on it.

Bb

With the covid thing going on, gm had supplier pricing for 1st responders and educators until the end of 2020...so I got that along with all the other incentives, took an easy 11k off sticker. Plus the same package for that group of people only allowed a dealer to charge at most a $75 doc fee. Low interest rate through credit union....I feel great about my deal. Plus i was able to put about 1/3 down on it.

Always thought 72 months are too long for vehicle loans, then found RV loans can be 240 months with 5% interests rate...