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I do want a different vehicle eventually but certainly will NEVER buy new.

You seem to be making an implied assumption that buying new equals debt, and that is not always true. Some folks (like me) generally buy new and generally pay cash, so there is no debt involved. And some folks (like me) sometimes buy new and take out a loan because that is the better financial decision.

DH just bought a new truck in October, and although we had the cash for it since it was a planned purchase that was 2 years overdue, we opted to take out a loan because the rate was 1.49% which is very cheap money. Add in the fact that I can deduct the interest because this is his work truck, and it is practically free money, and certainly cheaper than just using my own cash.

The point is that it makes sense to look at all the options and choose the best financial option for your particular case. And sometimes, that can be taking out a loan.

BTW, we are also in the market for land so that we can build a new house to downsize, and so may actually have to pay off the truck loan early so that we can do a construction loan for the new house. Again, that is a financial decision because we want to move into the new house first, and then sell this one, so the construction loan is temporary until we sell this house, but it is a tool that allows us flexibility and makes all of this doable.
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