How will you pay for your truck?

[RedTRex]

Why is there no option for prostitution?

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[Renegade]

Why is there no option for prostitution?

Why is there no option for prostitution?

Because it only works for certain people...

 

[steffen707]

This truck will be pretty pricy, how much debt are you willing to take on to own one?

where is the 125% financed option?

That's what i did with my Van. Used the extra to pay off my HELOC.

 

[steffen707]

I will finance every blessed cent including taxes and registration through my credit union. I plan to keep it forever, so I'd rather be upside down as long as possible. This way if anything happens to it in the first couple of years I'm not out a large down payment and gap insurance will make up the rest.

i have Erie Insurance, they have a program where they'll give you a brand new vehicle, or a vehicle 2 years newer if yours isn't repairable. Seems better, and was cheaper than GAP insurance from my CU.

 

[Skyler7381]

No option for kidney payment?

 

[jeepguy225]

Why is there no option for prostitution?

You'll have to change your name to Ricki and grow your hair long, but then again, you are in Florida! I wonder if Orchids of Asia Day Spa is hiring.

 

[reedred]

i have Erie Insurance, they have a program where they'll give you a brand new vehicle, or a vehicle 2 years newer if yours isn't repairable. Seems better, and was cheaper than GAP insurance from my CU.

My CU used to sell gap insurance at a very low price and started including it in every loan at no additional charge right before the last time I bought a car. Assuming they still do (I'll need to remember to check), it's pretty hard to beat free!

 

[Rex3rd]

I plan on saving as much as I can till the first of next year, take that money plus income taxes and if it's still not enough pull from 401k for down payment finance the rest... early retirement gift to me... probably will have it paid off around the time I retire...

 

[steffen707]

My CU used to sell gap insurance at a very low price and started including it in every loan at no additional charge right before the last time I bought a car. Assuming they still do (I'll need to remember to check), it's pretty hard to beat free!

Yeah, my cu was charging $350 up front for it.

 

[steffen707]

I plan on saving as much as I can till the first of next year, take that money plus income taxes and if it's still not enough pull from 401k for down payment finance the rest... early retirement gift to me... probably will have it paid off around the time I retire...

You over 55? Avoid that 10% penalty.

 

[RedTRex]

You'll have to change your name to Ricki and grow your hair long, but then again, you are in Florida! I wonder if Orchids of Asia Day Spa is hiring.

LOL,,,,... no Krafts!

 

[homerun]

You over 55? Avoid that 10% penalty.

59.5 no?

 

[Rex3rd]

You over 55? Avoid that 10% penalty.

I'm allowed to take half the amount that's put in. Have to pay it back in small payments on your check and pay interest but the interest goes back to your 401k...no where near 55. I'm 27, but determined to get one by at least spring of next year .401k pull is a last resort effort lol

 

[jeepguy225]

I'm allowed to take half the amount that's put in. Have to pay it back in small payments on your check and pay interest but the interest goes back to your 401k...no where near 55. I'm 27, but determined to get one by at least spring of next year .401k pull is a last resort effort lol

Yes, but if you lose or change jobs before the 401k loan is paid back, you have to either: 1. immediately pay it back in full or 2. pay the penalty and income taxes on the money. Taking a 401k loan for a car is not a good financial move... same as a loan that is more than 3 years in term. But hey, Its the Jeep Truck!!

 

[Rex3rd]

Yes, but if you lose or change jobs before the 401k loan is paid back, you have to either: 1. immediately pay it back in full or 2. pay the penalty and income taxes on the money. Taking a 401k loan for a car is not a good financial move... same as a loan that is more than 3 years in term. But hey, Its the Jeep Truck!!

I'm hoping by next spring I'll be in a better financial situation as well. I'm working 7 days a week until then. To me this truck is everything I've dreamed about. From doing manly stuff in the great out doors to picking up a sheet of plywood I'm already sold on it. I think I like it so much because it's unique and it's the only truck of it's kind. I like something that's different.

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