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OregonMan's avatar
OregonMan
Explorer
Jul 27, 2022

Selling 2018 F150 to upgrade to 2022 F150 - worth it or not?

Hi guys so money is pretty tight for me right now. I've got a 2018 Ford F150 with about 60,000 miles that I'm financing with about 7 grand left to pay off. I'm tossing around the idea of selling the t...
Tow Vehicles
time2roll's avatar
time2roll
Nomad
Jul 27, 2022
valhalla360 wrote:
If the new truck is say $48k, you wind up increasing your debt from $7k to $30k.
I think the OP wanted to finance 40k and have 10k in the bank to have some "easy money"
Of course easy money is easy to spend and money gets even tighter by the start of next year due to the new monster loan.
Never try to borrow the way out of debt.

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