Jonathan Jaime VelardePoster
Pro Member
- Rental Property Investor
- Thousand Oaks, CA
- 48
- Votes |
- 147
- Posts
Sell my paid off 2012 F150 FX4 to acquire cash???
Good Afternoon BP,
I own a 2012 F150 FX4 5.0.
I paid it off last year and currently going back and forth with whether or not I should keep it or sell it for roughly 24-25K, spend a couple grand on a super fuel efficient car, and have roughly 20K to help fund my first investment property? If I don't sell it I'll have about $20K cash next summer and if I do sell it I would probably have around $35-40K cash, while still being debt free.
I have no debt to my name and I will be moving back to Southern CA once I am out of the military next summer. The truck has 82,000 miles and is in pretty good condition.
What are your recommendations?