- Joined
- Jan 29, 2010
- Messages
- 2,286
- Reaction score
- 647
- Points
- 113
- Location
- Central Indiana
- Vehicle Year
- 2000
- Make / Model
- Ford
- Engine Size
- 3.0
- Transmission
- Manual
This is the way. There's zero reason to sit on a $50k asset that's not being used when it's in super high demand and will only drop in value when the vehicle market stabilizes. Sell both the F250 and the Ranger. Buy an F150 that can do what you want and have no debt. Free up that monthly cash flow for better uses. Vehicles that rarely get used should be super cheap like your older F150, not $50k rotting away.More so my thoughts, less personal property tax, less insurance, pretty similar fuel to my ranger, no vehicle payment, more money into retirement and in an economy that's paying me more for a 4 yr older truck than when I bought it that is inevitably going to tank and fall into recession what is my better option.