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Old 08-30-2011, 01:41 PM   #6
Indian113
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Join Date: Sep 2009
Location: Monroe,Iowa
Posts: 4,370
Re: Classic Truck/Car Loans Question

I look at my cars and motorcycles as a investment,I try not to get attached to them. If you borrow money on a investment you lose some of the value of it by paying interest on the loan. You also would have to carry a agreed value insurance policy on said dept. Factoring in what a truck is worth in the condition you want depending on the year you decide on could cost you $10,000 to $20,000 to get a reliable and decent daily driver that is safe to drive anywhere you want.
No one can tell how to spend your money as we don't know your finacial situation,I think the warnings your gonna get are from us fatherly types.
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