Shop talk

[Catsumi]

Congrats Jflem, pretty swish!

[TreeGuy]

If you are buying new and saddling yourself with monthly payments ask yourself if you are ready for that kind of committment.

[Jflem1983]

If you are buying new and saddling yourself with monthly payments ask yourself if you are ready for that kind of committment.

Already making the payments. On the wrecked 2016. Finally almost paid. Time to get a decent truck before snow

[Queen K]

Agreed. Winter is coming.

[TreeGuy]

I've pledged never to buy a new vehicle again. Lots of well cared for used vehicles out there. If I buy something I buy it using my HELOC (LOL) and make a plan to pay it off within a year.

[Jflem1983]

I've pledged never to buy a new vehicle again. Lots of well cared for used vehicles out there. If I buy something I buy it using my HELOC (LOL) and make a plan to pay it off within a year.

Its got 4500 km on it it is used

[TreeGuy]

That is great, someone else absorbed a bunch of the depreciation.

From Carfax website:

1. Depreciation Starts The Moment You Drive Off The Lot
The minute a person drives a new car off the lot it loses approximately 10 percent of its value. By the end of the first year, that car will lose an additional 10 percent on average.

But this number is not fixed. Cars with less brand-name appeal and few options can be hit much harder, depreciating by as much as 50 percent in some cases. So when you buy a car that’s less than two years old, be sure to know how much it has decreased in value.

Don’t be fooled into thinking depreciation slows much after the first year. The fact is, new cars continue to lose value for four more years, averaging a decline of 15-25 percent per year. On average, a new car will lose 60 percent of its total value over the first five years of its life.

[Jflem1983]

That is great, someone else absorbed a bunch of the depreciation.

From Carfax website:

1. Depreciation Starts The Moment You Drive Off The Lot
The minute a person drives a new car off the lot it loses approximately 10 percent of its value. By the end of the first year, that car will lose an additional 10 percent on average.

But this number is not fixed. Cars with less brand-name appeal and few options can be hit much harder, depreciating by as much as 50 percent in some cases. So when you buy a car that’s less than two years old, be sure to know how much it has decreased in value.

Don’t be fooled into thinking depreciation slows much after the first year. The fact is, new cars continue to lose value for four more years, averaging a decline of 15-25 percent per year. On average, a new car will lose 60 percent of its total value over the first five years of its life.

Ya terrible investment i get it . At the end of the day. It makes no sense to spend 100 an hr to fix the old flat deck. Better to put that into a new one. Take big truck off the road. Fix it myself. On the cheap. Then ill have a driver and a work truck.

[Jflem1983]

Getting a 2015. Loaded up. Beauty truck.

[Jflem1983]

Today i went over the top.

[Queen K]

and in my personal favourite colour! I love it! Who cares what's under the hood.

[alanjh595]

Nice ride, great colour. Well done.

[dirtybiker]

Same colour as my own....Good on ya....

[Jflem1983]

Same colour as my own....Good on ya....

Apparently GM only made that colour for 2 years

[Queen K]

And you've nicknamed you new ride "Princess"?