- Banned
- #166
If the feds increase interest rates? Used car value drops. Fact. I’ve heard some stating they’re basically making money on their vehicles after recently purchased selling or trading in.I commented earlier, but I'd like to reinforce, I bought a Ford Ranger in 2020 just to hold me over until I could get my Bronco. If I had to do it over again, say I needed a vehicle, I'd either see if a lease would work for me or I'd buy another ranger, this thing can't seem to depreciate no matter how hard it tries (thanks covid!) and I'll sell it off when my truck is ready to go!
I knew what I was getting into. I have preordered at TON of stuff, and while not on the level of a car, I know that there can be setbacks and a year or two wait isn't unheard of. I came prepared accordingly.
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