Raptor V8
Member
Joined: Apr 2020
Posts: 72
Likes: 26
From: Texas
5 Year Member
Joined: May 2014
Posts: 4,574
Likes: 970
From: Chico, Ca.
I would love to have a Raptor if they offered some bed/cab options. I absolutely cannot use those 5.5' ultra-short boxes. I have a cross-bed toolbox and sometimes carry an ATV. I'd much rather have the 6.5' box behind an Scab. I never haul more than one passenger and sometimes a dog. Wheelbase would be the same.
Last edited by PerryB; Jan 16, 2021 at 09:49 AM.
Thread Starter
5 Year Member
Joined: Aug 2018
Posts: 3,472
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From: Damascus, MD
Do you keep $70k-$80k lying around? Would you liquidate assets to come up with that amount? I paid @ $52k for my KR. $12k came from my trade and I put another $5k down and financed $35k over 5 years. 85% of people finance their vehicles. It doesn't mean they can't afford them and it doesn't mean they "shouldn't be buying" them.
5 Year Member
Joined: May 2014
Posts: 4,574
Likes: 970
From: Chico, Ca.
Yes, but 8 years is way too long to be owing money on a car. If you try to sell it or trade it in under 8 years, you're going to have to PAY to get rid it. I can't rationalize that in any way. I might do it as a financial maneuver if the interest is extremely low or zero (I did this on 2 trucks when GM was doing zero for 60 mo.) but if you truly have to stretch it 8 years in order to make the purchase, you can't afford the car. Credit is wonderful until it's stretched too far. They learned about this in October 1929.
Last edited by PerryB; Jan 16, 2021 at 07:38 PM.
Senior Member
Joined: May 2011
Posts: 12,073
Likes: 4,000
From: ME
Yes, but 8 years is way too long to be owing money on a car. If you try to sell it or trade it in under 8 years, you're going to have to PAY to get rid it. I can't rationalize that in any way. I might do it as a financial maneuver if the interest is extremely low or zero (I did on 2 trucks when GM was doing zero for 60 mo.) but if you truly have to stretch it 8 years in order to make the purchase, you can't afford the car. Credit is wonderful until it's stretched too far. They learned about this in October 1929.
5 Year Member
Joined: May 2014
Posts: 4,574
Likes: 970
From: Chico, Ca.
As long as you put enough down so as to be right-side up, I suppose. I worry about the future of our economy when I see 20-somethings driving $ 70,000 Escalades bought on credit and talking on $ 1200 cell phones and then complaining about how they can't afford a house.....
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Dielectrically 5w30
Joined: Jan 2020
Posts: 13,263
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From: Oregon
Senior Member
Joined: Apr 2015
Posts: 1,223
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