Some responses to your questions. The ranger is being sold by a Ford dealer. My loan is a buy here pay here loan through the dealer I bought it from not a bank, so no chance for renegotiation. Terms are make my payment every two weeks or the device they installed when I got it will disable my ignition until I pay. As for finances go. I pay rent, 700, phone bill 50, insurance 55, then the car payments total 267, which leaves just enough usually to eat and put gas in the monster ,12 Mpg = a lot of gas per month approximately $120+. My take home is approximately 1300 per month. So I look at like this, I'd get a ranger from the era I like most 80-90's, no payments, I would actually have the money to take care of my vehicle (which I can't do now, vibration and steering issue with trailblazer I can't afford to fix, can't even drop $35 do perform an oil change). As long as the rust isn't too bad on the outside and the frame is in rust free i can spend the next year putting the money together to overhaul it to like new condition. Just the savings in gas, insurance, payment will put an extra $300 a month in my pocket. One year if i don't spend too much of it would put 3600 in my pocket + the 1000 I get refunded by the government should give me enough I would think.