When we bought we were so fixated on getting the best price, we even considered the wholesalers because they would have been a few grand cheaper after delivery.
All of the lower priced shops came up with the 12 year/ high interest loans which made no sense because we have a credit rating of over 800 each. The place we bought from gave us six options from 5 years/ 4.5% to 12 years/ 7.99%. The difference between the shortest and longest loans was that not only would we pay of the rig earlier, we would be able to buy a second trailer with the payments we would have been making over the remaining 7 years of the higher rate loan.
Even with that I came home and looked at used prices thinking what did I just do. Too bad that what we had the cash for was beat up and stunk.
A customer of mine tried to give me advice on a happy life and I am just now beginning to understand. He said
If it floats, flies or *****, RENT IT!
You have to fill in the blank.
