Wannafbody

30K is pretty low mileage. A few weeks back, I saw a low mileage Firehawk at an auction sell for $16,000. My 2000 TA with 90K is probably worth about $8,000.

Tallyman89

I can pay cash if I wanted but I don't.

Manuellabour247

Somebody do the math. Lol. How long would that be?

leckbandg

Bought a 2015 platinum screw with all the bells and whistles , put 15,000.00 down told them I could make a 600.00 monthly payment , my last truck was 520.00 a month for 5 years (a Toyota Tacoma) with no frills . I'm paying for the ford for 7 years with no penalty if I pay it off early ... It 5times the truck at 100.00 more per month and two years more too clear the title ... I'm 60 now and have no regrets

4x91

Lining all ever sold side to side would stretch round the world more than twice

4x91

Why dont yall call this the who wants to brag thread

WXman

I couldn't afford a new $45,000 truck so I bought a 3 year old one for $25,000 instead. It looks new, runs like new, does every single thing a new one will do and looks the same doing it. Somebody else took the huge hit in depreciation for me. The only drawback is I'm out of warranty obviously so IF I have a failure it's out of my own pocket. But I can fix a lot of stuff for $20,000.

SilvSurfer

The answer for all should be: Section 179 deduction

kenv47

Uncle sam restricted the heck out of that section:

What Vehicles Qualify for the full Section 179 Deduction?
Many vehicles that by their nature are not likely to be used for personal purposes qualify for full Section 179 deduction including the following vehicles:
Heavy “non-SUV” vehicles with a cargo area at least six feet in interior length (this area must not be easily accessible from the passenger area.) To give an example, many pickups with full-sized cargo beds will qualify (although some "extended cab" pickups may have beds that are too small to qualify).
Vehicles that can seat nine-plus passengers behind the driver's seat (i.e.: Hotel / Airport shuttle vans, etc.).
Vehicles with: (1) a fully-enclosed driver's compartment / cargo area, (2) no seating at all behind the driver's seat, and (3) no body section protruding more than 30 inches ahead of the leading edge of the windshield. In other words, a classic cargo van.
Other Considerations
Vehicles can be new or used (“new to you” is the key).
The vehicle can be financed with certain leases and loans, or bought outright.
The vehicle in question must also be used for business at least 50% of the time - and these depreciation limits are reduced by the corresponding % of personal use if the vehicle is used for business less than 100% of the time.
Remember, you can only claim Section 179 in the tax year that the vehicle is "placed in service" - meaning when the vehicle is ready and available - even if you're not using the vehicle. Further, a vehicle first used for personal purposes doesn't qualify in a later year if its purpose changes to business.

Willard5.0

I REFUSE to pay the bloated dealer prices for new vehicles. I prefer one or two model years older with low miles or a certified pre-owned and let the sucker that bought it new take the heavy depreciation hit.