- Joined
- Nov 27, 2014
- Messages
- 9,307
Interesting thing happened as I worked up a price on a new truck. Has to do with my trade in. I bought a truck two years ago. Total out the door was $40K. Ended up with a trade in of $34K plus I will get $1,700 back on the extended warranty that was not used. Therefore, $40K-$34K-$1,700 equals $4,300. So about $2K per year (actually 2yr+4mos). Not too bad. In terms of mileage, things were pretty good too. I drove about 20,500 miles. So, total cost per mile was about .21 per mile.
I don't think there's any chance that will happen again but if it was possible, I'd buy a new vehicle every couple years. That ended up being a pretty good deal. I attribute it to having a GM employee discount and buying the truck when they were clearing out a model year. So I got a good price going in. I'm pretty happy with the way the value held up. The actual price for the truck was $35,500 (before taxes and extended warranty), so at $34,000, it hardly depreciated at all.
I should wrap up the deal early next week and will post the new truck in the blow that dough thread.
I don't think there's any chance that will happen again but if it was possible, I'd buy a new vehicle every couple years. That ended up being a pretty good deal. I attribute it to having a GM employee discount and buying the truck when they were clearing out a model year. So I got a good price going in. I'm pretty happy with the way the value held up. The actual price for the truck was $35,500 (before taxes and extended warranty), so at $34,000, it hardly depreciated at all.
I should wrap up the deal early next week and will post the new truck in the blow that dough thread.