Cherokee County, Northwest Iowa | If you look at it that way, I would contend that you then should take into account the fact that you have invested 7,180 in the deal because you paid the loan down from 48,300 less 41,120 = 7,180. take that 7,180, forget the interest paid on that amount now for simple figuring, add that back to the 6,405 we were at for boot plus tax, gets you to 13,585 (close to my initial 13,785 figure).
I could be all wet on this, too.
Edit: I see where new loan is for 48,500, which is 200 more than original loan, so that would get you back to my original 13,785 cost to trade.
Edited by Bruce NW Ia 12/31/2015 14:07
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Trading Ram Trucks - cost per mile
