Well "technically" I didn't make $4k profit because I've paid it out in payments over the last 2 years. I had $4k in equity in a Madza Tribute that I paid $20,500 for SUV in March 06 and sold today for $17,500. I paid $3k to drive it for 2 years (plus insurance). Not bad at all!
Putting this $4k toward the Silverado Crew cab I just bought my wife, which I only paid $27,499. So basically I've getting this $32,500 MRSP Silverado for $23,499.
In a couple years, I'll sell it and make a bunch of equity on this one too.
Trading vehicles is for suckers!
Putting this $4k toward the Silverado Crew cab I just bought my wife, which I only paid $27,499. So basically I've getting this $32,500 MRSP Silverado for $23,499.
In a couple years, I'll sell it and make a bunch of equity on this one too.
Trading vehicles is for suckers!