Paying cash for your Bronco Raptor?

[None]

Are most people planning on paying cash for their Raptor?

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[BR0NCO]

Are most people planning on paying cash for their Raptor?

If assume so, who’d want those crazy monthly payments

 

[None]

I presume most people purchasing a Raptor are well off

 

[BR0NCO]

I presume most people purchasing a Raptor are well off

Not in my case. My child support ended a little over 2 years ago. The payments that were coming out of my pay check are still going into the account that WAS going to the ex. When support ended I was accustomed to living without that money (I didn’t really see it) and it’s been building up since. About the same time, I started hearing the rumors about the Bronco and figured I’d treat myself with some of what was going to support and let it ride. I reserved day one and the delay was sort of a blessing as it allowed that account to keep building to the point there is enough cash for my original order. I got selected for a Golden Ticket and my dealer promised to do MSRP, and I’ll find out next week if he stays true to that. In the meantime I have to come up with the difference which is possible if it comes at the end of the year. If it comes sooner I may need a small loan which is fine as it would be helpful for my credit score. Once I get it that account is getting closed and that money will be going into my regular account so it will seem like a raise.

 

[drew707]

I did it with my Badlands and am looking at possibly doing it again with the Raptor. Though if the rates hold I may finance half and pay it off in a year. Depends if I can come in below MSRP which isn’t promised of course but my dealer is going to work to hopefully make it happen otherwise it will be sticker

 

[BQH2010]

Are most people planning on paying cash for their Raptor?

I planned on writing a check........

 

[FellowM3]

Def not.

Why would anyone in their right mind pay off 80k in cash rather than take a 3-4% interest loan.

I will not be, and i presume most wont either.

 

[MileHighRaptor]

Finance all the way. Per the post above paying out that much cash is stupid when rates are this low.

 

[Mike E]

I can think of other vehicles that I’d buy before I’d buy the Raptor…. Can we say Corvette C8 Z06??????

 

[shieldsy]

Aren’t we all just using our Amex Black Card?

 

[crimsonhokie]

If I can still get <=4%, finance all the way. As long as as you can beat your auto loan interest rate in other investments, it’s the right thing to do from an NPV perspective. I bought a bunch of shares of a covered call ETF that I was planning on using to cover my monthly payment. The only problem I’ve had is I still don’t have a Bronco, and I could’ve gotten a 10% discount if I had bought those shares now vs when I did.

 

[None]

Cash all the way, just like a home. No way 3-4% rates will be around when it comes time to finance.

 

[kodiakisland]

Damn, and here I was planning to turn tricks in the parking lot.

 

[MileHighRaptor]

Cash all the way, just like a home. No way 3-4% rates will be around when it comes time to finance.

The Fed may well hold off on rate increases because of Putin's War.

 

[LowerSlowerDelaware]

I would but I have to shit that gold nugget out of my ass first.

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