17th May 2009
Is Timing Right To Buy A 4 by 4 Pickup Truck?
Let’s say you’re self employed, work from home and don’t drive all that much. You might get top dollar for your fuel efficient current car, given market conditions. Check the Kelley Blue Book(R) value. Who knows, you might be sitting on a goldmine? Let’s say you’re pleasantly surprised at the great price your car will fetch today. Well, take a look at the classifieds, 4×4 pickup trucks in particular. These are the hardest to move vehicles on the planet today. If you can make $1000 by selling your car and replacing it with the 4×4, that $1000 will buy a lot of gas! If you don’t drive much anyway, you can bank that money and come out ahead.
In this same buyer scenario, you might also consider the car dealers. They are desperate to move these 4×4s to make room for more readily sold vehicles. If you’re shrewd, you can probably work a great deal on a 4×4 pickup truck that’s just a few years old. Almost all of the depreciation has been taken by the former owner.
If you have occasional need for a 4×4 vehicle, such as hauling your fishing boat to the coast, driving in snow or just taking a load of brush to the dumps, you’ve got the means.
You might also realize significant savings on your auto insurance, especially when you drive so infrequently. Car insurance statistics generally favor a large, heavy vehicle as a better crash risk than the tiny fuel efficient model. This naturally means that the 4×4 pickup truck of your dreams is also a safe ride.
As for gas prices, we’ve all seen this movie before. Prices go up when we want to drive the most, as for summer vacation. After Labor Day, prices decline, a situation which we’re currently (almost) appreciating. It could well be that the oil companies are beginning to realize the party’s over. The economy is just too tight. Last quarter, even though gas prices were declining, public consumption continued to decline. Their customers may have now formed new driving habits, devising ways to save on gas.
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