Should I Trade?

[oneshot 1]

Just finished paying for my Pickup. It's 2005 Dodge, half Ton, 4WD, 4.7 Engine, 175,000 miles on it, some rust but runs good. I only drive about 12,000 a year but need something reliable.

They are wanting to trade something Newer.

Should I keep it around and enjoy not having payments or trade it?

oneshot

[snagged in outlet 3]

28 minutes ago, oneshot 1 said:

Just finished paying for my Pickup. It's 2005 Dodge, half Ton, 4WD, 4.7 Engine, 175,000 miles on it, some rust but runs good. I only drive about 12,000 a year but need something reliable.

They are wanting to trade something Newer.

Should I keep it around and enjoy not having payments or trade it?

oneshot

With that low mileage what about a lease?   Dodge has a lease deal right now I think.  Saw it on TV just last night.

[fishinwrench]

Fix whatever is making it "unreliable", take it to the carwash and shine it up, and then keep it. 

Sell or trade it in at closer to 225k

[oneshot 1]

35 minutes ago, fishinwrench said:

Fix whatever is making it "unreliable", take it to the carwash and shine it up, and then keep it. 

Sell or trade it in at closer to 225k

Runs good and keep it cleaned up. Will never see 225K.

oneshot

[snagged in outlet 3]

4 minutes ago, oneshot 1 said:

. Will never see 225K.

No need for a new one if it won't see 225k....  Right??

[Dutch]

1 hour ago, oneshot 1 said:

Just finished paying for my Pickup. It's 2005 Dodge, half Ton, 4WD, 4.7 Engine, 175,000 miles on it, some rust but runs good. I only drive about 12,000 a year but need something reliable.

They are wanting to trade something Newer.

Should I keep it around and enjoy not having payments or trade it?

oneshot

Absolutely you should buy a new truck.  Not long ago you said you had lots of money.  If you don’t spend it someone else will and probably buy a new truck. 

[snagged in outlet 3]

Good point @Dutch!  That's a good way to look at it.  More of a toy than "needing a new truck".   

[oneshot]

1 hour ago, Dutch said:

Absolutely you should buy a new truck.  Not long ago you said you had lots of money.  If you don’t spend it someone else will and probably buy a new truck. 

I have and I don’t. All of a sudden because of COVID-19 I’m not getting my money. I’m thinking this is more of convenance  than not paying me.

They have good Lawyers but I told my wife I have to get more aggressive with them. She says it won’t do no good. I know they paid $15,000 couple weeks ago no problem. I know this is a small amount but if I could see this each month it would help.

If I got my money could pay off my bills and buy a New Pickup and take a trip. Not ever have to worry about money again.

This Pickup at most now might need a battery. I didn’t start it during this cold weather. It started right up, I shut it off then it wouldn’t start, jumped it and it started right up. Couple hours later it started.

I’m kind of ticked I can’t get it in my Garage because my Mother in Laws stuff is on that side. My wife said if her mom passes we can rent the apartment out. She don’t realize we have to count this as income and have insurance on it.

oneshot

[Dutch]

It sounds like you need a good lawyer more than a truck.

[oneshot]

4 minutes ago, Dutch said:

It sounds like you need a good lawyer more than a truck.

I took payments instead of lump sum. Got $3,000 then COVID-19 hit and nothing. They said because COVID-19 they have no income. I’m thinking you had the money now all of a sudden you don’t? But I do know it didn’t interfere with a trip to Florida and couple other things.

oneshot