Who else financed their Raptor?

apcf150 said:

You can't compare a diversified portfolio with the S&P performance. He probably has some cash, commodities, and bonds in there that wouldn't have gone up as much as straight S&P. But he also won't be hurting as bad as those that roll straight stocks. Depending on his age, diversification is the better play than one year of good returns and then losing when the market corrects.

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I’m sorry but You do not sound like you know what you are talking about.

I don’t like payments even if I could make a spread by borrowing and investing. Also, that investing technique works great until the market dumps and you lose 30% and still owe money on a depreciating truck.

Until then, lever and invest away! MAGA2020!

quikag said:

I don’t like payments even if I could make a spread by borrowing and investing. Also, that investing technique works great until the market dumps and you lose 30% and still owe money on a depreciating truck.

Until then, lever and invest away! MAGA2020!

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Lose 30% in the stock market? Shirley, you can't be serious. Maybe for a day or two, but not over 72 months.

quikag said:

I don’t like payments even if I could make a spread by borrowing and investing. Also, that investing technique works great until the market dumps and you lose 30% and still owe money on a depreciating truck.

Until then, lever and invest away! MAGA2020!

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When the market dumps, you buy buy buy. The S&P 500 got down to the 600s after the 2008 recession. Look where it is at today. It always comes back up. The wealthy buy when it is low and sell when it is high. Easy money. The same goes with real estate.

And I thought it was KAGA 2020 not MAGA 2020

I don't like debt other than the mortgage, this truck is the only thing I partly Financed. I wanted the extra working capital. $20k down and 60 months @ 2.7% 900 and change per month. I can afford it now. Been wanting one of these trucks since they came out.

SVTFordRaptor said:

When the market dumps, you buy buy buy. The S&P 500 got down to the 600s after the 2008 recession. Look where it is at today. It always comes back up. The wealthy buy when it is low and sell when it is high. Easy money. The same goes with real estate.

And I thought it was KAGA 2020 not MAGA 2020

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the real wealthy buy the dips & never sell. Stock value up or down don’t matter it’s the divvy & capital gains/interest they’re after.

im sure I posted on this @ one point- I put like $50k cash down feb 2019 just paid off waiting on the title. Car payments suck. Bills suck. I got a mortgage, utilities, daycare, rest of my $$$ goes into various savings/investment accounts & after that gets blown by my kids & wife. If there’s anything left I put it into my own toys lol ;-)

can you right off the interest on a car loan? Didn’t think so. Not to sound like a condescending *****- but if you NEED a loan- ya can’t afford the car. It’s a depreciating asset. You don’t want a note on it.

SVTFordRaptor said:

When the market dumps, you buy buy buy. The S&P 500 got down to the 600s after the 2008 recession. Look where it is at today. It always comes back up. The wealthy buy when it is low and sell when it is high. Easy money. The same goes with real estate.

And I thought it was KAGA 2020 not MAGA 2020

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Man I’m discovering how true that is on Real Estate. I bought a property in the Rockies from a couple that bought it at the height of the market in 2005. They paid $76K, and for some reason needed to get cash out of it. I got it for $28K.

With some rare exceptions a vehicle is a depreciating asset. A Raptor just keeps its value better than your average vehicle.

I financed 100% of my Raptor purchase with a 2.4% loan x 72 months. With loan money that cheap, it makes it a better deal (for me) to finance and keep investing my cash. I get my toys and still make some money. Obviously not as much as not purchasing anything, but wtf fun is that? You can’t take the money with you and it does nothing sitting in some account other than make more money. I don’t need to have a million in the bank, just enough to remain happy. If I plan correctly I’ll spend my last penny to cremate my dead ass. I do keep my vehicles for at least 10 years and some as long as 17 years.

I got a sweet ass deal.

2800 a month for 80 months. Had to put 8k down on my credit card so I didn’t have to give them cash. Got an extended warranty too! 48 month, 48k miles for 8k. They even gave me full tank of regular!



Yes, that was a joke. Finances should be like talking politics and religion. No one cares and every one has an option and everyone thinks they are right.

if your happy with your truck and you are ok with the payments. Who cares of you financed or paid cash. No amount of money has ever bought 1 second of time. Enjoy it and don’t sweet the little things.