That's all a vehicle really is, a means to get from point A to point B, nothing more. Simply a means to an end if you will. I, like many, have wasted my share of money on vehicles in my days but not any more. We have 2 vehicles now, my 1997 Jeep Grand Cherokee and a 2004 Pontiac Vibe. We sold our Dodge Grand Caravan a few months ago and got rid of that expense. Even when your vehicles are paid for they still cost you money, insurance is a must and not cheap either, fuel, taxes, maintenance and so on are still there when the payments are gone. Now sure we all want to have the nicest of the nice to cruise around town in but is it really worth all that??
I bring this up because I have been looking at a new Ford F-250 Crew Cab with a Power Stroke Diesel. In doing a little research you will find that the price tag of such a truck is an unbelievable $55,000 !!! Now first let me say that I would love to have this truck but WILL NOT ever pay such an amount even if I had millions hid under my mattress. Will Rogers once said "Americans will be the only people in the world to drive to the poor house in a brand new car". Now just think about how true that is in today's world. I know many people that just barely scrap by because of their car payments and insurance on a vehicle that can take them nowhere that my 97 Jeep can't go. Many of these people are finding themselves in a position that leaves them no choice but to let them go back to the finance company thus losing all the money they have paid plus and value of a trade in they may have had. Many times this can add up to 10's of thousands of dollars.
One good thing about the economy being in such poor shape is that the price of things, all things used, are way down. Used cars and trucks can be had for pennies on the dollar these days. Just check craigslist in your area and take a look at the bargains to be had. I check craigslist everyday to see what is available in my area and always find great deals on something. I hardly ever buy anything but it lets me get a pretty good idea of what things are selling for.
This post is really for those that have those car payments starving them to death. I have four words for you, GET RID OF IT !!! Call your finance company and let them know they are getting them a car back. Save your money and buy something that fits your needs and pay cash. You may have to settle for something that has a scratch on it but it beats looking into the eyes of hungry babies. Come on, do we really need that high priced vehicle just to try to impress people that you don't even know or that know you ? Is it worth going without the things you and your family really need. I know of people that have $500 and $600 car payments and have heard of others that pay even more. What the hell were these people thinking ? That's $6 or $7000.00 dollars a year and for God only knows how many years. I see many cars and trucks that can be had for less than a years worth of those payments, good ones too.
So lets quit starving our mouths to death just to give our ass a ride. Say no to that new car offer you get in the mail everyday. Get rid of your over priced car and buy a good used one that fits your needs and your budget. Put that extra money into preps for your family. Just think what $500 could do for your food storage, you personal protection, or even paying off your home or credit card debt. Get your ass out of that high priced ride and get out of debt now. You can spend 50 K if you want on a car but when you get where you're going just remember that my 97 Jeep with 214,000 miles will take me to the same place and at nearly the same speed as yours.
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