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What's on your Work Bench?

The local dealer has a black 2022 Extreme Recon 392, sky touch top, 15k miles. Has matt black wrap, neither here nor there for me. Certified pre owned, so better warranty than new, for $83k. Cash price 84k. IF I could roll new loan backwards into old loan at 1.5%, maybe. Unfortunately new loan looks to be 5%.

No test drive until they run your credit :rotfl:

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I am reading that right, cash price is higher than financing?
 
Question since y’all have been looking at them, is there a 392 Gladiator? Just curious….
 
I am reading that right, cash price is higher than financing?
Yes. Dealers get kickback from lending institutions for arranging financing. Not a lot, maybe 1% loan value. Supposedly......

Pay cash, no kickback.....
 
When Australia brought in the massive minimum wage tied to CPI in 2010 or so it was great.... for about 2 years. Then costs began sky rocketing.

Never occurred to the government back then that if you pay a kid $15/hr to put milk on a shelf then milk can no longer be $5/ gallon. Funnily enough, now minimum wage is nearly $25/hr and folks still can't buy anything more than they could before it was so high. Economics are a funny thing.

If they even sold the 392 there I bet it would be close to $200,000.
Yes. You are correct. I can't believe how many times I've had to explain this to people. It's really not hard to understand.
 
84K. Maybe that’s why they are talking about raising minimum wage I heard the other day at $20 an hour. Starting to make sense now, after that wack to the back of my head it’s becoming clear. :rotfl:

Anybody that thinks they can hire somebody for minimum wage is a fool. Kind of hard to get some one to work for $7.25/hour when the local gas stations pay $17 - $21 for entry level positions and Amazon warehouses pay $13 - $20 for entry level positions.

Average starting construction labor positions are mid $20’s currently and it is HARD to find people to work at those rates.
 
Yes. Dealers get kickback from lending institutions for arranging financing. Not a lot, maybe 1% loan value. Supposedly......

Pay cash, no kickback.....
I’ve financed to get the lower price and then paid it off in 30 days to get the best deal.
 
Not sure many of these $84k off road vehicles ever leave the pavement. They sure are purty though.
 
I’ve financed to get the lower price and then paid it off in 30 days to get the best deal.
When I bought my silverado they gave me a 5 year, 150,000 mile bumper to bumper warranty for financing. I had to keep the loan for 1 year. I paid $3800/ month into it and paid it off at 12 months. Worked out to where I got a $3500 warranty for about $2000 in financing costs. Not great, but better than nothing.
 
Got the new engine installed on the Dr Field and Brush mower this morning:

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Like all my projects, snowballed. While engine was out I changed the transmission belt, replaced the broken differential lock cable, and installed a new clutch cable since the original was starting to fray. Also installed new fuel lines and swapped the easy engine oil drain hose assembly from the old engine on to the new engine. Need to order a new muffler since the current muffler is cracked in multiple places. Engine fired up easy enough and ran fine. Differential lock and clutch working as they should. Pretty easy machine to work on.

Time to park it until I get back from Michigan. I just wanted to have it mostly back together before I leave. Time to knock out a few last minute Red Scrambler projects before the long trip north!!
 
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