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Who else financed their Raptor?

Discussion in 'Ford F-150 Raptor General Discussions [GEN 2]' started by RaptorMaryland, Apr 26, 2019.

  1. MG21

    MG21 Member

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    Yeah I have to have a newer vehicle as well. I could probably use my 15' lariat for another year, 2 max then time to trade in. I work in oil and gas so a truck is expected.
     
  2. Vegas_Sirk

    Vegas_Sirk Full Access Member

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    This. My loan's interest rate is 3%, I can take the cash and invest it in other things (stocks, inventory for my business, etc) and make a much better than 3% return.
     
  3. txgunsntrucks

    txgunsntrucks Full Access Member

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    love the smartass answer! almost mirrors me.

    if you live in an apt you have no business buying a 70k vehicle. putting and keeping a roof over your head no matter your work situation is always more important and a better use of funds.

    And dude. you just can't make an argument that holds water. you could drive anything late model.
    A raptor is not a good financial choice, end of story. But we do no buy these things because they are smart. so i get that.
     
    Saleen556 likes this.
  4. txgunsntrucks

    txgunsntrucks Full Access Member

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    love all the reasons you listed.

    to each his own

    I'll say it one more time

    BUYING A NEW VEHICLE IS NEVER A GOOD FINANCIAL CALL.

    there is no arguing that point
     
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  5. txgunsntrucks

    txgunsntrucks Full Access Member

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    you don't need to understand stocks. Get a mutual fund that follows the S&P500 with no fees (fidelity). done.

    This is going into a whole other topic. But check out the fund FZROX by fidelity. no fees of any sort, invest as much or as little as you like.
     
    Last edited: Feb 19, 2020
    REMIX and Vegas_Sirk like this.
  6. Vegas_Sirk

    Vegas_Sirk Full Access Member

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    Buying a Raptor, in general, isn't a good financial call, but what's the point of making money if you can't enjoy it once in a while. My decision was between paying cash or financing and financing makes smarter sense in the scenario.
     
  7. Vegas_Sirk

    Vegas_Sirk Full Access Member

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    I've been a big fan of Vanguards VTI
     
  8. Badgertits

    Badgertits Full Access Member

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    wont disagree w/ that.

    but I just like the new car smell....
     
  9. txgunsntrucks

    txgunsntrucks Full Access Member

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    Then only buy new cars brother. Just know the real cost, because it is a lot more than what the sticker says.
     
  10. tomahawk

    tomahawk Full Access Member

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    financing a vehicle is STUPID, its the most costly item you could ever own...i would never get into a loan again
     

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