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August 18, 2006
The Truck Lease Saga - Got me a Trailer
A few months ago I was trying to dump my GMAC lease on a Chevy Avalanche.
For those of you following that story, I am pleased to say that I now have something to tow behind my super expensive lease of $830/month on that stinkin' truck.
Yes...I went out and bought a new 27 foot travel trailer to tow behind my overly expensive lease payment.
This time rather than finance or lease I had the cash so I purchased the trailer with cash. No payments - No future cash flow headaches. The trailer is mine!
I have about 15 months or so left on that lease and upon expiration I will be buying another Avanlanche (or whatever truck strikes my interest at that point) with cash - And I will be buying outright a truck that is a couple years old.
It really ticked me off when I looked at the prices of 3 year old Chevy Duramax Diesel, Dodge Cummins Ram Diesel and Ford F-350 Diesels (which have a much higher towing capacity) - All of the forementioned trucks at 3 years old with low mileage were going for about a third the price I paid for my Avalanche!
The towing capacity of my Avalanche is more than enough to tow my trailer - I do love that truck but the payments sometimes make me reconsider my feelings towards the vehicle :)
Oh well, in about a year I will be able to shed that debt - Maybe I will return the Avalanche and then buy it at a much more reasonable price - Or who knows what will be my new tow vehicle.
Readers and truck owners, please submit your comments for "best travel trailer tow vehicle with a touch of coolness" on a truck with a reasonable price tag.
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