USAF Retired

And the fact that you needlessly cast an unflattering character attack on him doesn't change the fact either. Compassionately speaking.

my67falcon

I'm on the 6 / 12 year plan. 5 years to pay it off and 1 year of continued payments to myself for an additional down payment on top of the outgoing vehicle I'm trading. We always have 1 vehicle in warranty (we get the extended warranties) . The wife's '05 Durango (bought it at the first of '06) was her last new vehicle and she will be getting her new one in 5 more years. I got mine last year so it needs to last me for 11 more. I find that this works best for me. Now if I won the lottery and had money to burn I doubt I would trade every year but I'm sure I'd be buying more than once a year and I would need a much, much bigger garage.

flixden

We are normally on 10 year plans with each vehicle. Wife's Passat is turning 9 in a couple of months, so something is going to be replaced soon.
I felt bad for trading my previous truck after a short 6 years of ownership, but we needed a bigger tow vehicle. Oh well.
From a strictly financial point of view it really does not make sense to trade/replace early. Hard earned money is gone very quickly. I am glad that I learned/understood that early. As a result, we never really financed a vehicle after the first two, it helps to have no payments.

That said, what are the options you are after in the 2012, EBinMT? At this time, it may be worth it to push back the trade until the model comes out in maybe MY2014? I did like the addition of the 36 gallons on my 2012, and the hill start assist, though, I have to say. Anyway, good luck with whatever you do!

FiveOhFuzzF150

im keeping this thing til the wheels fall off!!!!
ur gonna see me when im old and gray on tv in a ford commercial with a 1,000,000 mile truck!

then i'll be banking from the profit and probly buy a truck every year!
OH THE IRONY!!!!

flixden

Well, maybe not that, but the ability to quit working before the age of 80?
This is getting a little bit off track. Did I click on the wrong link? I do read a financial "money" message board also ...

my67falcon

I quit at 38 but 3 month later the wife said I had to find a retirement job which is code for You are driving me crazy.

FiveOhFuzzF150

dude my buddy and his brothers were in a chevy one for like 1.5 seconds, and he was making a $1000/month for about 24 months as long as the thing aired somewhere in the US. his dad had a 500k truck, his brother a 200k and then him (some crap about a chevy family they tried swinging)

flixden

What are you trying to say? They got $24K for being in a 1.5 second commercial? Okay, sure, but what's the point?

RRF150

Just because someone pays cash for a new car every year doesn't make it finacially right either. Not much difference between the guy making payments and trading in every year or the guy that pays cash every year. You still have a loss. Say you lose $4000.00 by trading in a paid for truck. It's no different than some one making a $333.00 payment for the year.

PondJumper

I try to look at it this way. If someone hadn't done the same thing with the truck I now own, I wouldn't have saved about ten grand, and still been under warranty. Thank you 'new truck every year man,' where ever you are.