Be Perpared to Pay if you want to Play
Just went to the Credit Union today to see about a loan for a used and possibly a new 5th wheel. Well, well, well, what a eye opener! If I get a 60-month loan for $38,000 on a used unit at 4.01% the...
Forum Discussion
Live within your means. Buy what you can comfortably afford for cash.
I bought a $6000 used 5er for cash, which I still have 14 yrs later. It has had most major components replaced/repaired/remodeled or upgraded by me. It suits my wife and I perfectly for how we use it; 3-4 trips a year for 2-3 weeks duration for 2-3000 miles.
I also bought a used F-250 Powerstroke for $5000 cash when I bought the 5er. My wife surprised me at X-mas in 2008 with a new Silverado 2500 Duramax. That was bought with cash.
Buying on credit may feel good when the neighbors oooo and awwww as you bring it home, BUT you will feel good longer by not paying interest for the next 5 years.
Living debt free is good.
I bought a $6000 used 5er for cash, which I still have 14 yrs later. It has had most major components replaced/repaired/remodeled or upgraded by me. It suits my wife and I perfectly for how we use it; 3-4 trips a year for 2-3 weeks duration for 2-3000 miles.
I also bought a used F-250 Powerstroke for $5000 cash when I bought the 5er. My wife surprised me at X-mas in 2008 with a new Silverado 2500 Duramax. That was bought with cash.
Buying on credit may feel good when the neighbors oooo and awwww as you bring it home, BUT you will feel good longer by not paying interest for the next 5 years.
Living debt free is good.
