Diamondbackjo's Tahoe.

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MACHO

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I leave mine up and flip them off. Never been pulled over... :D

Seriously tho, DBj, your ride is looking great!! Those wheels are huge!
 

Regency

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I leave mine up and flip them off. Never been pulled over... :D

Seriously tho, DBj, your ride is looking great!! Those wheels are huge!

Hope you don't eat your wordss...
 
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diamondbackjo

diamondbackjo

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so no updates on the tahoe as of right now..
this has nothing to do with the build of the tahoe, but i need some help, advice or comments.

i did some remodeling/updating on my home and took out a loan against my Tahoe.... i didn't check the value of my tahoe because i just assumed it was still high but i'm upside down in it now and have no idea what to do?..... :mad3:
 

Modded

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so no updates on the tahoe as of right now..
this has nothing to do with the build of the tahoe, but i need some help, advice or comments.

i did some remodeling/updating on my home and took out a loan against my Tahoe.... i didn't check the value of my tahoe because i just assumed it was still high but i'm upside down in it now and have no idea what to do?..... :mad3:
So basically you owe more on it than it is worth?
If so, the best advice is to sell it soon. You will only lose more and more $$$ to depreciation if you keep it.
If the new models roll out before you do sell it, then you will take an even larger L. Mainly because the new models will more than likely cause the current generation to flood the market within 3-4 months of the 2014 being dealer available. This will lead to you having to reduce your price to compete with the thousands of other Tahoes available.
 

mjenk430

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My advice would be to keep it and keep making your payments. At some point the amount you owe will be less than what it is worth. For example, in 3-5 years, when its paid off, you will owe zero and it will still be worth something. That's when the truck starts paying off, paid for and driving for free.

That's coming from someone who only buys a new vehicle every 5-6 years. My daily driver is a 07 accord with 150000 miles that just got paid off last year. Now I drive it for free and leave the new hoe in the garage during the week.
 

Goodinblack

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Neo has a valid point.

However ...... in the light of the fact that you signed your name to the loan in good faith....... I would say keep the truck.... pay it off.... mod it.... enjoy it...... then sell when you tire of it and have gotten your intended use out of it. JMHO

From my CB Radio.
 

mjenk430

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Yeah, what Lee said :)

Buying a vehicle isn't an investment like buying a house. As soon as you roll off the lot, you owe more than what it's worth (unless you make a big down payment).
 
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