Who else financed their Raptor?

Disclaimer: Links on this page pointing to Amazon, eBay and other sites may include affiliate code. If you click them and make a purchase, we may earn a small commission.

waveslayer

Full Access Member
Joined
Aug 30, 2018
Posts
607
Reaction score
397
Location
CA
Did BofA at 3.5% for 72 months with 20K down. Not too bad. Ford wanted 5.99% like everyone else has commented on.

If I get this promotion then they will cover mileage and car allowance... then I won't have to worry.

My wife thinks I only have 3 guns
 

bigskyRaptor

Member
Joined
Jul 7, 2019
Posts
49
Reaction score
30
Location
MT
When I was younger I financed my toys. Not now. I hate paying interest.

If I can afford to pay outright for it without hitting the savings too hard, I do. If I can’t, I don’t buy it.
 

LForward1

Member
Joined
Jul 22, 2019
Posts
25
Reaction score
3
Location
Manchester
When I was younger I financed my toys. Not now. I hate paying interest.

If I can afford to pay outright for it without hitting the savings too hard, I do. If I can’t, I don’t buy it.
I guess, you got that right. Since I had a problem with my car when I wanted to buy it, but the percentage was too risky for me, so I got an advice about it from my wife that told me to give it a try, since there are a lot of different kinds of situations when people won the risky situation, that's why I tried to do it. But reality is too real for us, so I didn't manage to pay for a loan on time. Since then in one day some guys from debt collectors ( I guess that's them frontline-collections.com) come to me and we had a little discussion about solving my problem (they was pretty nice btw). Since than I have never take any loan, EVER!
 
Last edited:

REMIX

Full Access Member
Joined
Dec 1, 2019
Posts
451
Reaction score
493
Location
Sarasota & Jacksonville, FL
Same here, 3.29%, gave them $10,000 + trade. Cheap money. Also a tax write off since I'm in the thing nearly 100% for work. In fact, the entire reason I have the truck is primarily for tax reasons.
 

Donovan

FRF Addict
Joined
Aug 10, 2019
Posts
4,461
Reaction score
4,341
Location
DC
Hell for most of us it should be the BEST reason to spend 60+ on a truck.
 

MORaptor

Full Access Member
Joined
Nov 6, 2019
Posts
161
Reaction score
238
Location
STL
There is no doubt, each person has their own strategy because each is in a different financial position. I agree with the school of paying cash or paying off anything you can - there is no doubt you sleep better at night not owing money to others. When the market is good, like it is now, it is easier to make the argument around letting your money work and finance your toys. That all makes sense until the market turns and your paying an interest rate higher than what you are earning. There are no guarantees in this life, do what works for you and enjoy it. Lord knows you can't take your toys with you so live each day to the fullest. I have yet to see a Hearse pulling a U-Haul with anyone's toys to take with them to the grave.
 

Donovan

FRF Addict
Joined
Aug 10, 2019
Posts
4,461
Reaction score
4,341
Location
DC
Before this turns into a finance class... if the vehicle makes you happy, do what you must to keep it. Do not forget its a liability and a FORD not a 250 TR Testarossa...
 

GCATX

King Dingaling
Joined
Oct 6, 2018
Posts
8,039
Reaction score
21,665
Location
Central Texas
72 months at 2.59, $0 down. Cheap money. It's my self-employed work vehicle so I write off Northward of $14k/year in mileage. House is payed off and I have spent my share of time driving shitboxes.

As a home inspector, I have to project success. I'm already a handsome son of a bitch and 6'3. The raptor is just the last piece of the puzzle. :D

And no way I would cash out savings to pay for a truck.
 

Oldfart

FRF Addict
Joined
Oct 21, 2017
Posts
5,748
Reaction score
13,897
Location
Saggy Balls Division of Trump Army
72 months at 2.59, $0 down. Cheap money. It's my self-employed work vehicle so I write off Northward of $14k/year in mileage. House is payed off and I have spent my share of time driving shitboxes.

As a home inspector, I have to project success. I'm already a handsome son of a bitch and 6'3. The raptor is just the last piece of the puzzle. :D

And no way I would cash out savings to pay for a truck.

You forgot to mention that you also have a giant penor since you own a Raptor! :pimp:
 
Top