How do you beat the impulse of trading up when there is nothing wrong with your truck
05-01-2013, 09:21 AM
#1
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How do you beat the impulse of trading up when there is nothing wrong with your truck
I have a 2010 5.8 with about 45k miles on it. Knock on wood, it has been amazing and bullet proof and looks brand new cause I look after it very well. How do you beat the impulse of trading up when your truck is paid off and have no debts. So many deals going around that sometimes I have the urge of buying something. Am I the only one, or are there others like me 
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05-01-2013, 09:28 AM
#2
You upgrade something....put new wheels on it, level or lift it, upgrade headlights/taillights, install leather seats if you don't have them, upgrade stereo, etc.....you get the idea.
05-01-2013, 09:29 AM
#3
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I didn't beat the impulse! I have a 2010 with 23k miles on it that I use for work. I bought it used 8 months ago with 4k on it!! Just bought a new 2013 Ruby Red Platinum this weekend! If I knew how to resist that urge I would have practiced it myself. Sorry, can't help you with this one!
I have a 2010 with 23k miles on it that I use for work. I bought it used 8 months ago with 4k on it!! Just bought a new 2013 Ruby Red Platinum this weekend! If I knew how to resist that urge I would have practiced it myself. Sorry, can't help you with this one!
05-01-2013, 09:36 AM
#4
Senior Member
yeah i traded my 09 for my 2011 and am thiinking about new green gem lariet or sterling gray fx4. so there are more out there like us. lol and your truck has the 5.4 not 5.8
Last edited by ns_redneck; 05-01-2013 at 09:48 AM.
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05-01-2013, 10:04 AM
#6
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05-01-2013, 10:18 AM
#7
Senior Member
I say it's your life and if you're in a financial position to be able to trade up to a new truck then go for it! On the flip side if it were going to cost you having to make payment again for 5 years then I would do as others have said and just add HID's, level, tires etc. Good luck with your decision!
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05-01-2013, 10:35 AM
#8
You realize that at the end of the day, a vehicle needs to get you from A to B, and that's about it.
You pay for a vehicle worth 30 grand, by taking out a loan and using after tax money to make the payments. And you pay sales tax and interest on the loan.
A 30k car will cost you 33k round here, and 35K by the time you're done with payments. And it's worth 10-15 grand at the end of 5 years. And you paid for it with after tax money.
So you lost yourself 20 odd thousand, and the opportunity cost of having that money be able to grow in a retirement account, or other investment.
Not a way to get wealthy.
Buy something that fits your needs, and drive it for 10 years.
You pay for a vehicle worth 30 grand, by taking out a loan and using after tax money to make the payments. And you pay sales tax and interest on the loan.
A 30k car will cost you 33k round here, and 35K by the time you're done with payments. And it's worth 10-15 grand at the end of 5 years. And you paid for it with after tax money.
So you lost yourself 20 odd thousand, and the opportunity cost of having that money be able to grow in a retirement account, or other investment.
Not a way to get wealthy.
Buy something that fits your needs, and drive it for 10 years.
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05-01-2013, 10:40 AM
#9
Mod it out it will feel like a new truck. And keep telling yourself it's paid for. Now with this being said I FAILED..But I managed to hang on for about 5 years before I couldn't take it anymore.
05-01-2013, 10:47 AM
#10
Sticker shock always shuts up that little voice in my head saying "trade me!"