10-30-2020, 02:19 PM
(10-30-2020, 02:12 PM)Jake Wrote: I'm a little late to the car ownership percentage discussion, but mine is about 8%. It was somewhere up near 12-13% with the red F-150 which was absurd. And I didn't drive it enough or care about it enough to justify that - were that truck a Porsche or F-Type or whatever, I'd try to justify it more.
As it is, it's hard justifying the Ram I have. But it's really good when I do need it so the money is worth spending, and I have an assload of positive equity in it. Per NADA and KBB, it's gone up by $1k in value from last August's purchase price. In that time, I've added 10k miles to it. Not bad math!
most trucks are up in value right now as there is a "shortage" ... as big auto tries to recover from covid life, i think there are going to be some amazing deals and i wouldnt count on equity.
#99 - 2000 Civic Si (Future H2 Car, Former H1 car)
IPGparts.com, AutoFair Honda, Amsoil, QuikLatch Fasteners
NASA-MA Tech Inspector (Retired)
IPGparts.com, AutoFair Honda, Amsoil, QuikLatch Fasteners
NASA-MA Tech Inspector (Retired)