Recruiting Football Talk VIII

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#166,476
#166,476
LaagerVol said:
A man needs a good truck. But smarter thing would be sell it, get all my debts paid. We have an 89 Silverado that just needs a little tlc.

I guess that’s where entitled comes into play. Sell 2500, be debt free soon, and make do with lesser truck, or keep the nicer truck that I hardly ever drive because “what if I need to tow something”.
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Get debt free. Take the money you were paying on the house and put into a separate account…you’re used to ‘not having it’. Once you hv saved enough, go pay cash for something newer than the ‘89, but doesn’t hv to be new. Repeat.
 
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#166,479
#166,479
CABVOL said:
Get debt free. Take the money you were paying on the house and put into a separate account…you’re used to ‘not having it’. Once you hv saved enough, go pay cash for something newer than the ‘89, but doesn’t hv to be new. Repeat.
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We were within months of being totally debt free before we both turned 50 yrs old!

I hate that audi

and I hate how much I love good cornbread. 😎
 
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#166,480
#166,480
TN-POSSUM said:
We're were within months of being totally debt free before we both turned 50 yrs old!

I hate that audi and how much I love good cornbread.
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my mom had an Audi 5000 decades ago..

who makes a 5 cylinder?

not to mention, it was part of that accelerator issue where people were running their cars through the garage into the pool, thinking they were hitting the brake but instead pushing the accelerator..why they started putting that transmission lock mechanism where you have to press the brake to engage drive on all cars.
 
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#166,481
#166,481
Orangeburst said:
my mom had an Audi 5000 decades ago..

who makes a 5 cylinder?

not to mention, it was part of that accelerator issue where people were running their cars through the garage into the pool, thinking they were hitting the brake but instead pushing the accelerator..why they started putting that transmission lock mechanism where you have to press the brake to engage drive on all cars.
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Lots of car manufacturers are making these. Ya know, just like they are, but different.
 
#166,482
#166,482
CABVOL said:
Get debt free. Take the money you were paying on the house and put into a separate account…you’re used to ‘not having it’. Once you hv saved enough, go pay cash for something newer than the ‘89, but doesn’t hv to be new. Repeat.
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I just hate this advice lol. It is my biggest Ramseyism pet-peeve.

It is objectively bad advice for most people to pay off their mortgage early. You are turning down compound interest for no financial reason. If the idea of having a mortgage payment causes you to lose sleep and is taking years off your life like it does Dave Ramsey, sure. But if you are just looking to maximize your net worth at age 65 it just doesn't make any sense to do that.

Sell the truck if you can sell the truck. That's easy advice. You're better off putting every dollar of that into retirement accounts than you are to throw it at your mortgage. That 7% or whatever you're paying on your mortgage will pale in comparison to the compound interest of a 20+ year retirement account.
 
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#166,487
#166,487
Orangeburst said:
my mom had an Audi 5000 decades ago..

who makes a 5 cylinder?

not to mention, it was part of that accelerator issue where people were running their cars through the garage into the pool, thinking they were hitting the brake but instead pushing the accelerator..why they started putting that transmission lock mechanism where you have to press the brake to engage drive on all cars.
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I don't like her Q7 at all. The only time it's really impressed me was driving in the snow, which my wife is afraid to do. 🙄. We had to get something repaired on it and Harper's gave us an A8 loaner.... now that was a sweet ride. That was one of the funnest sedans I've ever drove. I really liked it but not enough to own one. Like it's been said, cars are designed to get from point A to point B. I don’t need social media options, paddle shifters, or voice assist to get to work in the morning.
 
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#166,488
#166,488
TN-POSSUM said:
I don't like her Q7 at all. The only time it's really impressed me was driving in the snow, which my wife is afraid to do. 🙄. We had to get something repaired on it and Harper's gave us an A8 loaner.... now that was a sweet ride. That was one of the funnest sedans I've ever drove. I really liked it but not enough to own one. Like it's been said, cars are designed to get from point A to point B. I don’t need social media options, paddle shifters, or voice assist to get to work in the morning.
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Those arent $70k

$40 is fairly reasonable for a new sedan.
 
#166,490
#166,490
TN-POSSUM said:
Fun fact about that too. We're heading overseas in June for 2 weeks for that very reason. We're in for at least $20k right now, for the 3 of us to go. My youngest just graduated and we're taking him. It was supposed to be "just him" with the school but it's morphed on me. My wife found out parents were welcome and started "negotiating" with me about getting to go.

*Cornbread was involved this time too. 😎

**I ain't never going to get a 2017 Silverado! 😭
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Go with a 2013 Silverado. Prior to direct injection. Cheaper and more reliable. Win win
 
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#166,491
#166,491
I drove junkers when I could do no better. I parked on hills so I could roll start. I worked on cars in parking lots. After my wife and young kids got stranded on the side of the road at night and depended on the kindness of strangers, I got a wakeup call. A successful business made better possible. AAA doesn't hurt either.

Dave Ramsey wouldn't approve. Don't care.
 
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#166,492
#166,492
CABVOL said:
Get debt free. Take the money you were paying on the house and put into a separate account…you’re used to ‘not having it’. Once you hv saved enough, go pay cash for something newer than the ‘89, but doesn’t hv to be new. Repeat.
Click to expand...
I would just fix up the 89 and leave it at that if it were 4wd and 2500. Although since I don’t race anymore don’t guess I need something that can pull an enclosed trailer.

Definitely selling the truck is the smart move financially. However, I could get $15-17,000 out of it. If I replace it with something comparable but newer in a few years it would cost $35-40,000
 
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#166,494
#166,494
Ten_Titans said:
I just hate this advice lol. It is my biggest Ramseyism pet-peeve.

It is objectively bad advice for most people to pay off their mortgage early. You are turning down compound interest for no financial reason. If the idea of having a mortgage payment causes you to lose sleep and is taking years off your life like it does Dave Ramsey, sure. But if you are just looking to maximize your net worth at age 65 it just doesn't make any sense to do that.

Sell the truck if you can sell the truck. That's easy advice. You're better off putting every dollar of that into retirement accounts than you are to throw it at your mortgage. That 7% or whatever you're paying on your mortgage will pale in comparison to the compound interest of a 20+ year retirement account.
Click to expand...
2.85% on mortgage
 
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#166,497
#166,497
SSVol said:
I drove junkers when I could do no better. I parked on hills so I could roll start. I worked on cars in parking lots. After my wife and young kids got stranded on the side of the road at night and depended on the kindness of strangers, I got a wakeup call. A successful business made better possible. AAA doesn't hurt either.

Dave Ramsey wouldn't approve. Don't care.
Click to expand...
Haha I put a starter on a car right in front of the front door of an Exxon one time. Alternator in a gas station parking lot on another car. I used to have a long commute to work and always drove junkers because I was putting over 50,000 miles a year on them.

Driving unreliable vehicles gets really old though
 
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#166,499
#166,499
LaagerVol said:
Haha I put a starter on a car right in front of the front door of an Exxon one time. Alternator in a gas station parking lot on another car. I used to have a long commute to work and always drove junkers because I was putting over 50,000 miles a year on them.

Driving unreliable vehicles gets really old though
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Starter in a grocery store lot. Thermostat too, don't recall the location. If I had a high miles job, I'd have a reliable older car for that. Mama don't drive that though.

As it is, I put about 10k on my truck. They trade nicely every 3 years or so. I did swallow pretty hard when I realized my current truck ('24 Denali Ultimate) cost literally 2x what my first house did. Might keep this one 5 years.
 
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#166,500
#166,500
SSVol said:
Starter in a grocery store lot. Thermostat too, don't recall the location. If I had a high miles job, I'd have a reliable older car for that. Mama don't drive that though.

As it is, I put about 10k on my truck. They trade nicely every 3 years or so. I did swallow pretty hard when I realized my current truck ('24 Denali Ultimate) cost literally 2x what my first house did. Might keep this one 5 years.
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If a 2024 Denali Ultimate is what you drive now then we are definitely shopping on different ends of the car lot from each other.



"Apparently you haven't shopped for trucks lately. My most recent truck was $20k more more than my wife's X4 M40i." said by you to me earlier. A 2024 Denali is more than "just a truck" like I was talking about.

🍎🍎 to 🍊🍊
 
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