New Or Nearly New - Page 4 - Vehicles - Contractor Talk

New Or Nearly New

 
Thread Tools Search this Thread Display Modes
Old 03-15-2018, 05:56 AM   #61
Pro
 
KAP's Avatar
 
Trade: Custom
Join Date: Feb 2011
Posts: 10,908
Rewards Points: 33,372

Re: New Or Nearly New


Quote:
Originally Posted by NYgutterguy View Post
The real boss of the truck getting ready to mark territory...
KAP is offline  
The Following 2 Users Say Thank You to KAP For This Useful Post:
Bull Trout (03-15-2018), Rio (04-08-2018)

Warning: The topics covered on this site include activities in which there exists the potential for serious injury or death. ContractorTalk.com DOES NOT guarantee the accuracy or completeness of any information contained on this site. Always use proper safety precaution and reference reliable outside sources before attempting any construction or remodeling task!

   

Advertisement

 

Old 04-08-2018, 01:18 PM   #62
New Guy
 
Slickwilly's Avatar
 
Trade: General contractor
Join Date: May 2016
Posts: 24

Re: New Or Nearly New


Buy used. You lose a bunch of value as soon as you drive off the lot in a brand new vehicle.
Slickwilly is offline  
Old 04-08-2018, 01:37 PM   #63
water re-locater
 
NYgutterguy's Avatar
 
Trade: Gutter installer
Join Date: Mar 2014
Location: orange/rockland ny NYC suburbs
Posts: 6,704
Rewards Points: 6,458

Re: New Or Nearly New


Quote:
Originally Posted by Slickwilly View Post
Buy used. You lose a bunch of value as soon as you drive off the lot in a brand new vehicle.


Damnit. Where were you last month with this little tidbit ??


Sent from my iPhone using Tapatalk
NYgutterguy is online now  
The Following User Says Thank You to NYgutterguy For This Useful Post:
Inner10 (04-08-2018)
Sponsored Links
Advertisement
 
Old 04-08-2018, 02:56 PM   #64
Pro
 
Windycity's Avatar
 
Trade: Masonry
Join Date: Oct 2015
Location: chicago
Posts: 2,004
Rewards Points: 7,966

Re: New Or Nearly New


Quote:
Originally Posted by Slickwilly View Post
Buy used. You lose a bunch of value as soon as you drive off the lot in a brand new vehicle.


Have you priced used trucks lately? Itís ridiculous actually itís ludicrous! around here itís either a top of the line 2 year old truck with 60k on it that you could save a few grand over new or itís a 8 year old work truck thatís been abused with 145k on it for $13500....

Better off buying new considering you are eligible for a lot of incentives including financing a new vehicle which is cheaper APR

I only buy new however I keep my vehicles til the wheels fall off so I get my value out of them. For example I am in the process of getting rid of my old car which my wife bought new 21 years ago and it has 263,000 miles on it. Iíd say say we got our moneyís worth from that car

However if you change vehicles every 4-5 years then you are better off buying used as you suggest


Sent from my iPhone using Tapatalk
Windycity is online now  
Old 04-08-2018, 03:45 PM   #65
The Sheriff

 
Jaws's Avatar
 
Trade: GC
Join Date: Dec 2010
Location: Texas
Posts: 23,096
Rewards Points: 4,236

Re: New Or Nearly New


I think its an individual choice

So often on here people say things in blanket statements and i dont understand how its not driving people crazy

If you want a new truck and you can afford it buy it. It does have tax advantages but its not going to make up the difference between a 50k truck and a 10k truck.

Its all subjective. If your new in business and need to build sales volume, tools, equipment, operating capital, establish retirement accts ect.... you should maybe consider buying a 10k truck with no interest or payments. Thats what i did my first 7 years in business. Changed my own oil and did basic maintinance for 5 or so.

If your established and have the jack and WANT a new ride like NyGutters buy it He can certwinly afford it

Lots of people say its a waste of money. So is a lot of things! Boats, clothes whatever, its why we make money to begin with beyond our own sustainablity. people don't need to play golf, or go on hunting and fishing trips, go out to dinner or eat lunch out or drink beer, they don't need Rolex. They want them.

Every dude in this thread is from a different situation. One may make 6k a month and have all his **** together and drive a 20 yo truck, one may be the exact same but make 20k a month. A guy may make 20k a month and not have any of his **** together One may be making 3k a month and spending 6k and one may be making 3k and be happier than the dude making 20k!

It is irresponsible for a guy who can't afford it to buy it, some people are irresponsible. It happens. But it is not irresponsible or ignorant to buy something you can afford if you want it. It's not all just about spreadsheets and account balances

Personally I buy my trucks myself and lease them to my company, the lease payment is taxed at a less rate than my income and is completely acceptable by IRS standards. After a while youd take less of a lease payment to be in compliance or it's time to trade the truck in and roll over the equity or sell it to my company for my crew to drive (wont do that with mine as its red and my company trucks are white) and put that down

Besides the truck lease payment, I also saved something like $5,000 off of my taxes because she depreciated half of the truck this year. It was an unusually good year, one of those that don't happen all the time, and even after putting into my sep and paying in quarterly and taking taxes out of my check I still had to write a pretty good check after I bought this truck. So I got a new truck and I save some money off of my taxes

I also would not buy a nice truck if my company could not afford it and it's overhead. I try to be responsible financially, and I keep that in check by having the large roll over to keep the payments low or the payoff low if the s*** hits the fan and we go back to Lehman Brothers crashing in 08

I feel no different about myself, my business or ability to do business at the same level driving a nice shiny 2018 F-250 versus the 2001 Chevy 3/4 ton Workhorse that I started out in. At all. A truck is a truck.
__________________
"The sound of the saftey clicking off is the only warning your gonna get......., so cover your ears" Northeast Wyoming 2016

John

Last edited by Jaws; 04-08-2018 at 03:52 PM.
Jaws is online now  
The Following 2 Users Say Thank You to Jaws For This Useful Post:
NYgutterguy (04-08-2018), overanalyze (04-08-2018)
Old 04-08-2018, 03:45 PM   #66
The Sheriff

 
Jaws's Avatar
 
Trade: GC
Join Date: Dec 2010
Location: Texas
Posts: 23,096
Rewards Points: 4,236

Re: New Or Nearly New


Nice truck darren, glad you got it. You deserve it
__________________
"The sound of the saftey clicking off is the only warning your gonna get......., so cover your ears" Northeast Wyoming 2016

John
Jaws is online now  
The Following 2 Users Say Thank You to Jaws For This Useful Post:
NYgutterguy (04-08-2018), overanalyze (04-08-2018)
Old 04-08-2018, 03:57 PM   #67
water re-locater
 
NYgutterguy's Avatar
 
Trade: Gutter installer
Join Date: Mar 2014
Location: orange/rockland ny NYC suburbs
Posts: 6,704
Rewards Points: 6,458

Re: New Or Nearly New


Quote:
Originally Posted by Jaws View Post
I think its an individual choice

So often on here people say things in blanket statements and i dont understand how its not driving people crazy

If you want a new truck and you can afford it buy it. It does have tax advantages but its not going to make up the difference between a 50k truck and a 10k truck.

Its all subjective. If your new in business and need to build sales volume, tools, equipment, operating capital, establish retirement accts ect.... you should maybe consider buying a 10k truck with no interest or payments. Thats what i did my first 7 years in business. Changed my own oil and did basic maintinance for 5 or so.

If your established and have the jack and WANT a new ride like NyGutters buy it He can certwinly afford it

Lots of people say its a waste of money. So is a lot of things! Boats, clothes whatever, its why we make money to begin with beyond our own sustainablity. people don't need to play golf, or go on hunting and fishing trips, go out to dinner or eat lunch out or drink beer, they don't need Rolex. They want them.

Every dude in this thread is from a different situation. One may make 6k a month and have all his **** together and drive a 20 yo truck, one may be the exact same but make 20k a month. A guy may make 20k a month and not have any of his **** together One may be making 3k a month and spending 6k and one may be making 3k and be happier than the dude making 20k!

It is irresponsible for a guy who can't afford it to buy it, some people are irresponsible. It happens. But it is not irresponsible or ignorant to buy something you can afford if you want it. It's not all just about spreadsheets and account balances

Personally I buy my trucks myself and lease them to my company, the lease payment is taxed at a less rate than my income and is completely acceptable by IRS standards. After a while youd take less of a lease payment to be in compliance or it's time to trade the truck in and roll over the equity or sell it to my company for my crew to drive (wont do that with mine as its red and my company trucks are white) and put that down

Besides the truck lease payment, I also saved something like $5,000 off of my taxes because she depreciated half of the truck this year. It was an unusually good year, one of those that don't happen all the time, and even after putting into my sep and paying in quarterly and taking taxes out of my check I still had to write a pretty good check after I bought this truck. So I got a new truck and I save some money off of my taxes

I also would not buy a nice truck if my company could not afford it and it's overhead. I try to be responsible financially, and I keep that in check by having the large roll over to keep the payments low or the payoff low if the s*** hits the fan and we go back to Lehman Brothers crashing in 08

I feel no different about myself, my business or ability to do business at the same level driving a nice shiny 2018 F-250 versus the 2001 Chevy 3/4 ton Workhorse that I started out in. At all. A truck is a truck.


Just drop the Mic..... well said


Sent from my iPhone using Tapatalk
NYgutterguy is online now  
Old 04-08-2018, 03:58 PM   #68
water re-locater
 
NYgutterguy's Avatar
 
Trade: Gutter installer
Join Date: Mar 2014
Location: orange/rockland ny NYC suburbs
Posts: 6,704
Rewards Points: 6,458

Re: New Or Nearly New


Quote:
Originally Posted by Jaws View Post
Nice truck darren, glad you got it. You deserve it


Thanks. Very happy with my decision.


Sent from my iPhone using Tapatalk
NYgutterguy is online now  
The Following User Says Thank You to NYgutterguy For This Useful Post:
KAP (04-08-2018)
Old 04-08-2018, 04:18 PM   #69
Pro
 
Windycity's Avatar
 
Trade: Masonry
Join Date: Oct 2015
Location: chicago
Posts: 2,004
Rewards Points: 7,966

Re: New Or Nearly New


So are you liking that Colorado now that you have had it for a couple of weeks now? I never really looked at them until I was truck shopping a few weeks ago and looked them over at the dealership and will say that they look like a nice truck


Sent from my iPhone using Tapatalk
Windycity is online now  
Old 04-08-2018, 04:20 PM   #70
The Sheriff

 
Jaws's Avatar
 
Trade: GC
Join Date: Dec 2010
Location: Texas
Posts: 23,096
Rewards Points: 4,236

Re: New Or Nearly New


It looks nice for being able to fit in my truck lol

Just kidding. Cool looking truck

Sent from my SM-N920V using Tapatalk
__________________
"The sound of the saftey clicking off is the only warning your gonna get......., so cover your ears" Northeast Wyoming 2016

John
Jaws is online now  
The Following User Says Thank You to Jaws For This Useful Post:
NYgutterguy (04-08-2018)
Old 04-08-2018, 04:28 PM   #71
Pro
 
KAP's Avatar
 
Trade: Custom
Join Date: Feb 2011
Posts: 10,908
Rewards Points: 33,372

Re: New Or Nearly New


Quote:
Originally Posted by NYgutterguy View Post
Thanks. Very happy with my decision.


Sent from my iPhone using Tapatalk
Gotta' have a good home for the traveling family...
KAP is offline  
The Following User Says Thank You to KAP For This Useful Post:
NYgutterguy (04-08-2018)
Old 04-08-2018, 04:31 PM   #72
water re-locater
 
NYgutterguy's Avatar
 
Trade: Gutter installer
Join Date: Mar 2014
Location: orange/rockland ny NYC suburbs
Posts: 6,704
Rewards Points: 6,458

Re: New Or Nearly New


Quote:
Originally Posted by Windycity View Post
So are you liking that Colorado now that you have had it for a couple of weeks now? I never really looked at them until I was truck shopping a few weeks ago and looked them over at the dealership and will say that they look like a nice truck


Sent from my iPhone using Tapatalk

Yea definitely happy with the purchase. After almost a month have little less than 1000 miles. So I'm using the Nissan a decent amount for work so far.



Sent from my iPhone using Tapatalk
NYgutterguy is online now  
Old 04-08-2018, 05:43 PM   #73
Artist and not a curator
 
Deckhead's Avatar
 
Trade: Carpentry,
Join Date: Dec 2010
Location: Sarasota, Florida
Posts: 7,736
Rewards Points: 13,046

Re: New Or Nearly New


Quote:
Originally Posted by NYgutterguy View Post
Yea definitely happy with the purchase. After almost a month have little less than 1000 miles. So I'm using the Nissan a decent amount for work so far.



Sent from my iPhone using Tapatalk
That'll last like 6 months tops

I'm 7 or 8 months into mine and keep telling myself to drive the ole ladies Pathfinder to tow the kids around. Can't do it though, it's just not as nice and comfy
__________________
[signature removed by admin]
Deckhead is online now  
Old 04-08-2018, 05:51 PM   #74
Artist and not a curator
 
Deckhead's Avatar
 
Trade: Carpentry,
Join Date: Dec 2010
Location: Sarasota, Florida
Posts: 7,736
Rewards Points: 13,046

Re: New Or Nearly New


I just looked at the picture again... It looks like the same size as a 1/2 ton. Those smallish trucks are getting pretty decent sized. The Colorado a buddy had was quite a bit smaller than a 1/2 ton.
__________________
[signature removed by admin]
Deckhead is online now  
Old 04-08-2018, 05:59 PM   #75
I like Green things
 
WarnerConstInc.'s Avatar
 
Trade: Architectural Mill Work
Join Date: Jan 2008
Location: In a van, down by the river. Auburn, IN
Posts: 22,835
Rewards Points: 5,498

Re: New Or Nearly New


Quote:
Originally Posted by Deckhead View Post
I just looked at the picture again... It looks like the same size as a 1/2 ton. Those smallish trucks are getting pretty decent sized. The Colorado a buddy had was quite a bit smaller than a 1/2 ton.
Mini trucks.

Sent from my SM-G950U using Tapatalk
__________________
Warner Mill Works
Facebook
YouTube
WarnerConstInc. is offline  
Old 04-08-2018, 06:01 PM   #76
The Sheriff

 
Jaws's Avatar
 
Trade: GC
Join Date: Dec 2010
Location: Texas
Posts: 23,096
Rewards Points: 4,236

Re: New Or Nearly New


Quote:
Originally Posted by WarnerConstInc. View Post
Mini trucks.

Sent from my SM-G950U using Tapatalk
Hes hauling around a dog and Tinder hotties not track steers and massive iron equipment lol

Sent from my SM-N920V using Tapatalk
__________________
"The sound of the saftey clicking off is the only warning your gonna get......., so cover your ears" Northeast Wyoming 2016

John
Jaws is online now  
The Following 2 Users Say Thank You to Jaws For This Useful Post:
NYgutterguy (04-08-2018), overanalyze (04-08-2018)
Old 04-08-2018, 06:02 PM   #77
water re-locater
 
NYgutterguy's Avatar
 
Trade: Gutter installer
Join Date: Mar 2014
Location: orange/rockland ny NYC suburbs
Posts: 6,704
Rewards Points: 6,458

Re: New Or Nearly New


Quote:
Originally Posted by Deckhead View Post
That'll last like 6 months tops



I'm 7 or 8 months into mine and keep telling myself to drive the ole ladies Pathfinder to tow the kids around. Can't do it though, it's just not as nice and comfy


Gonna fight it for as long as I can but I did buy it to drive not sit in the driveway. Having the removable racks that I can throw on in seconds on the frontier has been crucial in a few situations where I needed to run out and get something or when I need a ladder for an estimate or small bullchit jobs I wouldn't send the guys to. Have the tonneau cover and don't plan on putting removable racks on the Colorado.


Sent from my iPhone using Tapatalk
NYgutterguy is online now  
The Following 2 Users Say Thank You to NYgutterguy For This Useful Post:
Deckhead (04-08-2018), Jaws (04-08-2018)
Old 04-08-2018, 06:03 PM   #78
water re-locater
 
NYgutterguy's Avatar
 
Trade: Gutter installer
Join Date: Mar 2014
Location: orange/rockland ny NYC suburbs
Posts: 6,704
Rewards Points: 6,458

Re: New Or Nearly New


Quote:
Originally Posted by Deckhead View Post
I just looked at the picture again... It looks like the same size as a 1/2 ton. Those smallish trucks are getting pretty decent sized. The Colorado a buddy had was quite a bit smaller than a 1/2 ton.


It's actually a lot bigger than my frontier. The Colorado is way bigger than the first generation ones. Hunter has way more room in the back.


Sent from my iPhone using Tapatalk
NYgutterguy is online now  
Old 04-08-2018, 06:03 PM   #79
Artist and not a curator
 
Deckhead's Avatar
 
Trade: Carpentry,
Join Date: Dec 2010
Location: Sarasota, Florida
Posts: 7,736
Rewards Points: 13,046

Re: New Or Nearly New


Quote:
Originally Posted by WarnerConstInc. View Post
Mini trucks.

Sent from my SM-G950U using Tapatalk
I had a mini truck I used around our old house until I traded it for a gator.

It had a beastly 3 cylinder in it. Datsun and painted camo.
__________________
[signature removed by admin]
Deckhead is online now  
Old 04-08-2018, 06:09 PM   #80
Artist and not a curator
 
Deckhead's Avatar
 
Trade: Carpentry,
Join Date: Dec 2010
Location: Sarasota, Florida
Posts: 7,736
Rewards Points: 13,046

Re: New Or Nearly New


Quote:
Originally Posted by NYgutterguy View Post
It's actually a lot bigger than my frontier. The Colorado is way bigger than the first generation ones. Hunter has way more room in the back.


Sent from my iPhone using Tapatalk
New frontiers aren't a whole lot smaller than my XD really. I thought maybe the camera added 10 lbs

Advertisement

__________________
[signature removed by admin]
Deckhead is online now  


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Join Now... It's Fast and FREE!

I am a professional contractor
I am a DIY Homeowner
Drywall Talk is for
PROFESSIONAL CONTRACTORS ONLY!

At DrywallTalk.com we cater exlusivly to professional contractors who make their living as a contractor. Knowing that many homeowners and DIYers are looking for a community to call home, we've created www.DIYChatroom.com DIY Chatroom is full of helpful advices and perfect for DIY homeowners.

Redirecing in 10 seconds
No Thanks
terms of service

Already Have an Account?