Joemomma22
Well-Known Member
- Thread starter
- #1
Hi guys.
To preface this; i absolutely love my s550. it's my dream car. That said i've also wanted a loaded f150 for a while too. Additionally i'm 24.
TL;DR: I want F150, how should i get it?
Quick little intro. A few months ago my 2015 ecoboost roush stage 1 got lemon law and swapped for a new 2017 gt (not roush). They let me swap the vins and pay the difference of msrp (after a lot of arguing about them giving me credit for the roush package). Anyway, i couldve gone to an f150 at that point but i wouldve had to pay the 10-20g out of pocket. refinancing was not part of the lemon law deal that i agreed to.
Here we are a few months later and there have been countless times i've said to myself damn i wish i had a truck right now for xy or z. Its a pain in the ass to steal my brothers truck every time i need a bed or a trailer.
I sold my 01 Jeep Cherokee (lots of mods) so i have a bit of money and thanks to the lemon law vin swap on my existing loan, the state of equity on the GT is probably the best it will ever be (about 10-13k positive).
I've really been toying around with trading for a "loaded" 2018 xlt crew cab 5.0 10 speed 6.5' bed, but one of the things holding me back was the things i would be losing in my 401a mustang on the insides. I'd really like to go lariat but the numbers just dont make sense.
One of my good friends (and old coworkers) is a manager at a dealership and will give me $500 under invoice less rebates and incentives on anything i want. That said i know he doesnt try to take money from me when writing up estimates on the XLTs or the Lariats.
He suggested to me leasing. I've never been a fan of leasing. I hate the idea of not having a vehicle at the end of it and i never thought it made sense. Not to mention i like to modify my vehicles. now that i've thought about it though, i can get a fully loaded 2018 lariat exactly the way i want it for a 3 year lease for less than half the monthly payment of financing it.
heres the kicker. If i trade the mustang in on a lease, my payment goes up by about $100 a month which isnt too horrible for me to manage; and i have to put no money down at all. To top it off the dealership ends up writing me a check for the balance of the equity in the mustang (roughly $9000).
After 3 years if i love the truck so much i can buy it out or more than likely if im bored of it i can release using cash incentives and put down "only" about $3000 to get a 2021 equipped the same way. I can use the money from my jeep and the $9000 back from the dealership (mainly to save for a house) but also a tiny bit for an old toy, maybe an 04 mustang or something like that ya know, something to keep the clutch foot strong.
What do you guys think?
edit: looking for opinions on the whole thing not so much pole results. pole for fun.
Should I keep the stang and get an old beat up f150 cause its super hard to find anything from early 2000s that isnt rusted out in jersey(most likely not the case)
edit: its worth noting i wont be too interested in this option anymore
Finance an XLT with a lot of add on options but still be less equipped than the stang
Lease the lariat equipped the way i want it and take the cash back check. but have nothing left after 3 years.
To preface this; i absolutely love my s550. it's my dream car. That said i've also wanted a loaded f150 for a while too. Additionally i'm 24.
TL;DR: I want F150, how should i get it?
Quick little intro. A few months ago my 2015 ecoboost roush stage 1 got lemon law and swapped for a new 2017 gt (not roush). They let me swap the vins and pay the difference of msrp (after a lot of arguing about them giving me credit for the roush package). Anyway, i couldve gone to an f150 at that point but i wouldve had to pay the 10-20g out of pocket. refinancing was not part of the lemon law deal that i agreed to.
Here we are a few months later and there have been countless times i've said to myself damn i wish i had a truck right now for xy or z. Its a pain in the ass to steal my brothers truck every time i need a bed or a trailer.
I sold my 01 Jeep Cherokee (lots of mods) so i have a bit of money and thanks to the lemon law vin swap on my existing loan, the state of equity on the GT is probably the best it will ever be (about 10-13k positive).
I've really been toying around with trading for a "loaded" 2018 xlt crew cab 5.0 10 speed 6.5' bed, but one of the things holding me back was the things i would be losing in my 401a mustang on the insides. I'd really like to go lariat but the numbers just dont make sense.
One of my good friends (and old coworkers) is a manager at a dealership and will give me $500 under invoice less rebates and incentives on anything i want. That said i know he doesnt try to take money from me when writing up estimates on the XLTs or the Lariats.
He suggested to me leasing. I've never been a fan of leasing. I hate the idea of not having a vehicle at the end of it and i never thought it made sense. Not to mention i like to modify my vehicles. now that i've thought about it though, i can get a fully loaded 2018 lariat exactly the way i want it for a 3 year lease for less than half the monthly payment of financing it.
heres the kicker. If i trade the mustang in on a lease, my payment goes up by about $100 a month which isnt too horrible for me to manage; and i have to put no money down at all. To top it off the dealership ends up writing me a check for the balance of the equity in the mustang (roughly $9000).
After 3 years if i love the truck so much i can buy it out or more than likely if im bored of it i can release using cash incentives and put down "only" about $3000 to get a 2021 equipped the same way. I can use the money from my jeep and the $9000 back from the dealership (mainly to save for a house) but also a tiny bit for an old toy, maybe an 04 mustang or something like that ya know, something to keep the clutch foot strong.
What do you guys think?
edit: looking for opinions on the whole thing not so much pole results. pole for fun.
Should I keep the stang and get an old beat up f150 cause its super hard to find anything from early 2000s that isnt rusted out in jersey(most likely not the case)
edit: its worth noting i wont be too interested in this option anymore
Finance an XLT with a lot of add on options but still be less equipped than the stang
Lease the lariat equipped the way i want it and take the cash back check. but have nothing left after 3 years.
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