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2004 - 2008 Ford F150 General discussion on the 2004 - 2008 Ford F150 truck.

Payoff or Mod!

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Old Nov 19, 2012 | 06:51 AM
  #21  
Guy9smiley2's Avatar
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From: Shakopee, MN
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You won't need a spring compressor. YouTube install. I pulled my strut assembly out put the spacer on top ( I applied a little bit of thread lock to the top of the strut/space mount to the strut. ) then put the strut back in. Was very simple especially if your going to you tubs instructions.
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Old Nov 19, 2012 | 07:45 AM
  #22  
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Top Ten Reasons to Pay It Off

10. You'll pay less interest.
9. Installing the level kit yourself will get you in the garage instead of in the house while the in laws are visiting for the holidays.
8. You'll increase your mechanical ability by doing the install yourself.
7. You'll get a piece of paper called a title.
6. You have collateral for a loan or other credit needs.
5. You will have a higher credit score from paying off a sizable loan.
4. You will own it, the bank will not.
3. One less monthly bill.
2. It's the fiscally responsible thing to do.
1. It's really nice to NOT have a car note.
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Old Nov 19, 2012 | 07:54 AM
  #23  
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From: va
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Alright well im deffanitly going to do some research so i can do it the leveling kit myself. Then ill do the pay off. Now is daystar the best one because thats what my mechanic told me he would install?
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Old Nov 19, 2012 | 08:09 AM
  #24  
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From: joplin mo
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Im 16 and have a 04 fx4 scab. If i were you i would pay on the payments. I payed cash for my truck. And im glad i did cause i no theres been months that if i would of had payments i wouldve prob lost. I recommend you pay up the 6 months and keep on paying every month and stay 6 months ahead. Like others have said you never no when your going to go into hard times. Just something i have learnt from my grandpa.
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Old Nov 19, 2012 | 08:14 AM
  #25  
f150cam's Avatar
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do nothing with the money. keep it in your account for emergency's, you could be living on the street and out of work tomorrow.
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Old Nov 19, 2012 | 08:40 AM
  #26  
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From: va
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All of these are very good points.
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Old Nov 19, 2012 | 09:57 AM
  #27  
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Pay it off.... The bank owns your truck which means the truck owns you...
You could invest some of that capital and put the money to work... I would recommend commodities only...
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Old Nov 19, 2012 | 10:00 AM
  #28  
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From: Wayne County, Ohio
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How long do you have left on your loan?


Do you have any other smaller loans to pay? If so pay those first with your extra cash and then put the rest towards principle on your truck.
Take the amount you were paying monthly on the smaller bills and add that to your current truck payment.

If you have no other bills, then put your extra cash towards the principle amount of your loan.
depending on your current interest rate, you should look into refinancing your loan to get a lower rate. Then shorten your payment term so you pay off faster and with less interest.
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Old Nov 19, 2012 | 10:05 AM
  #29  
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From: Foley Alabama
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I don't know about any other leveling kits but I have a rough country leveling kit on my 04
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Old Nov 19, 2012 | 10:12 AM
  #30  
militaryrednek's Avatar
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From: Lawrenceville, GA
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pay it off, and then mod. paid for truck is hella cheaper for insurance to.


only idiots/kids would tell you to do otherwise. (before anyone wants to whine to the mods, this is a general statement and not directed and anyone)
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