If you are thinking or purchasing a truck, there are a few things you should consider. You can save a lot of money when purchasing a new vehicle with just a few simple tricks. In this video, you will learn how to find the best deal.
The most important thing you can do is resist the urge to purchase a brand new truck. These trucks depreciate quickly and are hardly worth it.
Instead, look at trucks that are around 4 years older from used truck dealerships. This avoids the window of the most extreme depreciation. Even so, you will still be getting a fairly new truck. It should still be just as dependable. It just might not all the same bells and whistles.
The next most important thing is paying in cold hard cash. You want to avoid going into debt at all. Hopefully, buying a used truck helps with this too. When you don’t go into debt, it makes the truck cheaper because you don’t have to pay interest with each payment. Did you know that the average vehicle payment is over $500 per month? This means that you would have five million dollars by seventy at this rate.