The Ford Barn - View Single Post

ronn · 11-14-2021, 05:23 PM

If you look at buying a new car or truck (Ph. Co. that I sit on the BOD for just bought a new Chevy Silverado, three quarter ton etc. etc. and is shelling out $54K before taxes and al of the extra costs) and it will be worth what, $20K in 4-5 years? So my point being, you buy a new car or truck and you will eat 20-30,000 in depreciation in just a very few years, so the money you put in a Model A Ford ain't that big of a deal

in the normal world Jeff, you would be correct. the way things are going, that new silverado might be worth 100k in 5 years.......................

11-14-2021, 05:23 PM	#47
ronn Senior Member Join Date: Feb 2011 Location: NNNNNNNNJJJJJJJJJJ Posts: 6,794	Re: Preparing for the end. If you look at buying a new car or truck (Ph. Co. that I sit on the BOD for just bought a new Chevy Silverado, three quarter ton etc. etc. and is shelling out $54K before taxes and al of the extra costs) and it will be worth what, $20K in 4-5 years? So my point being, you buy a new car or truck and you will eat 20-30,000 in depreciation in just a very few years, so the money you put in a Model A Ford ain't that big of a deal in the normal world Jeff, you would be correct. the way things are going, that new silverado might be worth 100k in 5 years.......................