[WarBeard]

Loans=Bad juju!

I think it was Peterson's off-road magazine. Where I read a article about just this. They were looking for a tow rig to haul the buggy with. The question was should we buy a new one of get an old one and build it up.

They wanted a 4wd 3/4ton. So the dealer had one for like 30k and they also looked at a 1ton chevy from the 80's. They figure the cost of the payments ($500) plus insurance and interest would be a certain amount per month.

Now if they bought the old 1ton they could put $500 a month into that and have a really badass rig in no time, cheap to insure ETC. Also say you have a bad month and dont have that $500 payment.Well if you have the old truck you can go to sleep knowing there wont be any tow trucks looking for your pretty new truck.

This is pretty much what I do with my suburban. I have had 2 trucks repo'd in 2008 when the world went down the tube. Now all my cars and trucks are OLD, PAID FOR AND MINE!