Maybe I should sell the truck

[2006PSDSD]

I do this every 6 months or so, thinking about what it would be like to not have a truck payment, and usually there is something to keep me from putting it up for sale. First time, it was how much money I have already paid on it, and if I were to sell, that money may as well have been flushed down the toilet (15k or so, just in principal). Then it was, this truck is all I'll ever need, so let's keep it.

Lately the thought has come up again. Do I try and sell it, and take the loss, or just take it in the shorts and pay it off in FIVE MORE YEARS?

What should I expect to get for it?

33,xxx miles

2006 XLT, CC, SB, PSD, cloth seats 60/40 front and rear, steel 18" wheels with brand new Dura Grapplers, B&W gooseneck hitch, SCT, triple guage pod

[2006PSDSD]

I'm gonna throw up, I just figured out how much I actually have paid for this truck $31,600 in 3 years 7 mos

Another $36,000 till pay off

[kingchip]

First off, don't sell the truck.

I just picked up mine for 26K out the door with 70K on it.......cash.

[Dave]

Dont do that.

Besides the point WTF was your interest rate

[troid123]

Originally Posted by 2006PSDSD

I'm gonna throw up, I just figured out how much I actually have paid for this truck $31,600 in 3 years 7 mos

Another $36,000 till pay off

Wait...how much did you pay originally for the truck!?!?!

[2006PSDSD]

Originally Posted by kingchip

First off, don't sell the truck.

I just picked up mine for 26K out the door with 70K on it.......cash.

Don't sell because of the huge loss? I wish I had your patience and fiscal responsibility

[2006PSDSD]

Originally Posted by Dave

Dont do that.

Besides the point WTF was your interest rate

Now its at 6.8%. I have had to refi twice to gt lower payments. They really took me to the cleaners, and I let them. I thought I ended up with a great deal, but what wouldn't give to have my F-150 back

Originally Posted by troid123

Wait...how much did you pay originally for the truck!?!?!

47,xxx

[scotty2280]

its on an 8 year loan?

[pistolpete837]

check kbb.com and see what the truck is worth, that will give you some sort of idea where to start

[Tony V]

Sorry to hear about the payments. Keep the truck!