Ok, going off what you said "29 vehicles and 26 years old" that's a new vehicle every 3 months (30 vehicles in 10 years). The negative equity from each vehicle being rolled into the next is more then what you could buy a Viper SRT-10 with cash. The only way I see him being able to do that, is if he's one of those people that have absolutly no worries about money and more then he does common sense to do with it all.mooseknuckle said:He hasnt leased any veh's that i know of. Maybe several yrs ago when the gold key lease was good to get into. He just picks his way around until he finds the right truck as well as the right deal. The truck he has now is financed for 1.4%, i think. I know its low. Every payment he is knocking off a hell of a chunck of cash, so that is how he is getting so many trucks because he can keep his int rates low.
In return, he may keep a truck for a yr but because he has such low rates he can pay more off his payment and when he trades the truck what its worth is the same or maybe just a tad bit upside down.
See, i'm just starting to learn more about what goes on. He believes that i honestly got ripped a new one when i traded. And i did too. I dont know how he does it, but however he does, he does it right. He's thinking about getting a R/C Duramax w/6sp. next month when emp pric goes away.