Choose Your Own Adventure Book: Buying a Raptor

[scarchild35]

I'm NOT in a position to consider paying anything over MSRP but if I was, I'd definitely do it. How much money does one need when they die? Ok, a fair answer would be: enough to cover my funeral? Others want to leave a little something for others and that's fair too. You gotta make sure the wife and kids are taken care of, perhaps you have life insurance for that. BUT...Someone else here posted about enjoying life while you can and that is spot on. We all work hard for what we have and once you achieve a certain amount of financial security you can consider getting expensive things that you want. My Ranger isn't that fancy compared to other's but it's mine and it makes me very happy. I worked my butt off, putting everything and everyone else before me for years, drove the same truck for 23 years and then one day I realized that we had achieved a certain level and that it was MY TURN. So I was able to buy a new Ranger. Hard work pays off. If you're working hard, being careful, saving or whatever, and you find yourself in a position to get what you really want, so what if it's going to cost you a bit more. I say go for it. Rock out. You will not be worried about that extra 5k by the time...shit, by the time you plunk your lucky ass in that seat and drive it off the lot. You'll think you made the right choice and you'll be happy in life. That there is priceless, in my book. Other's don't feel the same way and that's cool too. We all have standards we live by. But your game with the dealer is excellent, you're willing to negotiate and you're not desperate. I can't wait to hear part two and I can't wait to hear you talk about how excited you are about getting a new factory fresh Ranger Raptor. Live the good life.
The idea of ADM is a simple concept to understand, simple supply and demand.
This is how it was when I bought our house. Except for the buyers themselves were offering more than list. This is how I see ADM on a unique, hard to get vehicle. A part of me thinks ADM IS bullshit but the dealers know that people will pay it. I guarantee you there is someone out there likely willing to pay 20 grand over MSRP, because they have the money and they want it that bad.
Good luck on your journey.

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[scarchild35]

I contacted Jacks dealer and let them know, no matter what ADM Jack is willing to pay, I'll do 10% more.
Sorry Jack, I am one of those people who has blown money on stupid things I've never needed.

Namely a wife. Show of hands from those who agree.

I've learned my lesson there, but with all the free cash filling up my shoeboxes now that she's out of the picture, I've got to spend it on something other than hookers.

Understandable. Go get it!

 

[rang19ca]

Hookers....? LOL

 

[D Fresh]

I also believe most people here have probably blown $5,000 on useless or expendable shit over their lifetime without a second consideration. lol

Not once. Not even added up.

Edit: Funny enough in our current market past few years, the $5,000 I could put into one of my portfolios or retirement accounts would probably be less valuable then actually buying the Raptor as far as a fluid item I could liquidate.

Not that I would ever recommend investment in a vehicle over say stocks, but in the now, which is kind of sad, it actually might make more sense with how the current vehicle market is trending vs how the economy is tanked.

You folks keep acting like the current vehicle economy is hear to stay. I can assure you it's not. Hell Ford is already offering 0% on F150s again.

Also, you talk about a poor economy. Just hang on brother. Right now the economy is actually not in too bad of shape. My 401k is earning about 6% right now. There is no way your Ranger or any other is gaining 6% value per year.

You think this is a bad economy wait till the shit really hits the fan. Hopefully for you, when it happens youre not holding a $70k note on a truck worth $50k.

 

[OFC Ranger]

Not once. Not even added up.



You folks keep acting like the current vehicle economy is hear to stay. I can assure you it's not. Hell Ford is already offering 0% on F150s again.

Also, you talk about a poor economy. Just hang on brother. Right now the economy is actually not in too bad of shape. My 401k is earning about 6% right now. There is no way your Ranger or any other is gaining 6% value per year.

You think this is a bad economy wait till the shit really hits the fan. Hopefully for you, when it happens youre not holding a $70k note on a truck worth $50k.

Relevance. My portfolios pulling 16% have been pulling 6%. I don't view that as good. Crude example but whatever.

Also who said anything about financing $70,000?

?

 

[OFC Ranger]

I contacted Jacks dealer and let them know, no matter what ADM Jack is willing to pay, I'll do 10% more.
Sorry Jack, I am one of those people who has blown money on stupid things I've never needed.

Namely a wife. Show of hands from those who agree.

I've learned my lesson there, but with all the free cash filling up my shoeboxes now that she's out of the picture, I've got to spend it on something other than hookers.

Plot twist I am the dealership!

 

[D Fresh]

Relevance. My portfolios pulling 16% have been pulling 6%. I don't view that as good. Crude example but whatever.

Also who said anything about financing $70,000?

?

Of course, everything is relative. But a vehicle is never an investment. Short of a collectors item.

Nobody. I just assumed the same person that's OK with paying $5k for nothing would be OK with putting zero down on a vehicle.

I'm very confused by this Jack. Honestly, I always thought of you as the extreme cheap ass around here. It's rare for me to find people cheaper than me.

But I just can't imagine the guy that spends hours/days/weeks/years to save a dime on something being the same guy to pay a $5k ADM.

 

[9zero1790]

so for grins i looked at the ford build a 24 ranger. the xl with 4x4 and locking rear and no other options or upgrades is just under 40k. thats msrp. so when the dealers are done dry humping us it will be like 45 ish. when i bought the 5g, i could have bought a lariat with all the options for 45.

 

[RedlandRanger]

so for grins i looked at the ford build a 24 ranger. the xl with 4x4 and locking rear and no other options or upgrades is just under 40k. thats msrp. so when the dealers are done dry humping us it will be like 45 ish. when i bought the 5g, i could have bought a lariat with all the options for 45.

My pretty much fully loaded 2019 Lariat was 44k. I priced out what I thought was basically similar in a 2024 and it came out to about 51k. Prices have gone up SIGNIFICANTLY.

If I WERE in the market, the Raptor would be getting my attention - assuming I could get it without all the ADM that we are talking about. But given the Ford induced scarcity, I doubt that will happen - not unless I want to drive a long ways. I'm glad I'm happy with my 2019! It isn't going anywhere anytime soon.....

 

[OFC Ranger]

Of course, everything is relative. But a vehicle is never an investment. Short of a collectors item.

Nobody. I just assumed the same person that's OK with paying $5k for nothing would be OK with putting zero down on a vehicle.

I'm very confused by this Jack. Honestly, I always thought of you as the extreme cheap ass around here. It's rare for me to find people cheaper than me.

But I just can't imagine the guy that spends hours/days/weeks/years to save a dime on something being the same guy to pay a $5k ADM.

Well I can answer this for you easily I am a cheap ass and in this scenario is one of the reasons. Every once in awhile on item comes up that is not readily available and cost a premium. Because I'm a cheap ass 99% of the other time I splurge a little bit on that 1%.

I should also clarify that this purchase for me is definitely not an investment as a matter of fact this is going to be the truck I drive until the frame literally comes apart.

 

[Superdannyboy]

The idea of ADM is a simple concept to understand, simple supply and demand.
This is how it was when I bought our house. Except for the buyers themselves were offering more than list. This is how I see ADM on a unique, hard to get vehicle. A part of me thinks ADM IS bullshit but the dealers know that people will pay it. I guarantee you there is someone out there likely willing to pay 20 grand over MSRP, because they have the money and they want it that bad.
Good luck on your journey.

99% of the time I would never relate vehicles to houses. That ride will go for 65k-70k and in a couple years the value will go down and the economy will turn. Then what? Then the people who waited will get a 2024 RR for 40k used. Or just get their new one at or below MSRP.

I just bought a lot for 185k in Dallas. Lived here my whole life. Neighbors said I was crazy for paying that much for a house that was falling apart. Knocked down the old house for 10k and removed 2 huge trees for 10k. Gonna spend 250k-350k building a new house and it'll be worth 800k-1M when it's done. Trucks don't do that.

My mentor did get on the list for the Corvette C8 Z06 and that might actually go up in value.

 

[Superdannyboy]

Not once. Not even added up.



You folks keep acting like the current vehicle economy is hear to stay. I can assure you it's not. Hell Ford is already offering 0% on F150s again.

Also, you talk about a poor economy. Just hang on brother. Right now the economy is actually not in too bad of shape. My 401k is earning about 6% right now. There is no way your Ranger or any other is gaining 6% value per year.

You think this is a bad economy wait till the shit really hits the fan. Hopefully for you, when it happens youre not holding a $70k note on a truck worth $50k.

My mentor got approved to buy a company for 13M the day before Silicone Valley Bank closed. Went back the next day to seal the deal and they said nope we aren't going to loan that anymore. Then other banks began closing. Like the Swiss bank. That was there for like 150 years. Yea, it's gonna get bad. Real bad.

 

[D Fresh]

My mentor got approved to buy a company for 13M the day before Silicone Valley Bank closed. Went back the next day to seal the deal and they said nope we aren't going to loan that anymore. Then other banks began closing. Like the Swiss bank. That was there for like 150 years. Yea, it's gonna get bad. Real bad.

Yep. I don't have much to trim. But now is not the time to be adding debt if one can avoid it.

 

[OFC Ranger]

Yep. I don't have much to trim. But now is not the time to be adding debt if one can avoid it.

Well I can say this about my situation I'm in one of those career fields that pretty much is 100% job security. ?

 

[Synfulz]

Meanwhile here in the Philippines I can go to the dealer and grab a Raptor for 43K. Now it has a 2.0 liter twin turbo diesel. But out the door no bs.

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