The real cost of owning a Platinum Powerstroke 

Now you know how much this truck costs me each month... but the real question is how much does this truck make me each month????? Comment below if you want to find out!

For a $1000 a month, think about how much land you could buy! I bought 11 acres with a fish pond for $48,000, and can charge people to fish and hunt it.

I own a Repo company. Guys like this are my bread and butter.

really good video! glad someone shared with us who are looking at newer trucks and trying to see insurance fuel etc

Nice video man I just bought a 2018 f350 dually and pay 868 a month, no worries on payments as long as you love your vehicle and your satisfied. Every body thinks differently and everyone has something they spend money on!

Looking forward to your review of the truck. Looking at getting one soon.

Working at a dealership for a while, here's some insight. This guy is a slightly above average buyer credit wise, a diesel f250 platinum is roughly 72 grand before negotiating, he's loaned out for 84 months, 0 down which means he's taking the full cost. Lets say he paid ~68k for the truck after haggling. He's paying 1,048x84 which equals $89.7k for a truck, which is roughly 8% interest on a loan of this type. Yes it's a lot and he's paying about 20k in interest. He definitely made a mistake in not putting anything down because he's paying interest one every dollar he did not put down, that makes it harder for places to give you loans and often times they increase their rates in order to get more for their return, he even went for the longest time frame which is the same. If the bank is going to lend you that much for that long they will make you pay more than someone who loaned less for less time. Realistically if you want to have positive equity on a vehicle and not become debt filled you want to put money down and create positive equity (worth more than what you owe). He added like 20% cost in interest which means for 17 months he's only paying the interest and not denting the cost of the truck, while it's depreciating at a rapid rate. You want to put down a substantial down payment, lower what you owe, so that you're positive more quickly, and lets say maybe 8 months pay for interest instead and you have 9 months going toward paying off the car which means you're able to sell the car sooner and be in the positive instead of selling the truck, and owing more than it's worth. I've met so many people who have terrible credit because they buy a car, 0 down, never pay more than the minimum, and end up trading it in 5 years down the road and still owe more than the car is worth. They transfer it into the next car and now their payment is automatically more than it has to be. Buying a new car is playing the "how can I lose the least amount of money" game. If a car is worth 68k and you put down 20, you take on short 5% 5 year loans, @$1284 a month, you paid 76k total. Only 8k in interest vs 20 because you paid $250 more a month that you wouldn't paid for anyways, you sell the car for 40-45k with reasonable miles and condition you lost 31k. That's a lot, but a diesel truck is expensive and it's either an investment or a luxury, they last forever, and often times they're business investments and written off. If you can't afford a 6k investment a year whether for a business or for yourself you have no business looking at a f250 platinum, lower your standards. If he is making more than 6k off the content he posts on here with his truck or a business he has it's a positive purchase, otherwise he has to deal with the fact it's a losing asset and he bought it as a luxury and he's paying for it.

I can't wait to get mine. I've been looking at King Ranch F250. I currently have 2016 F150 lariat.

I love your honesty with cost and financing.

the guy works hard for his money , so he should spend it any way he wants ---- but I don't think I would be pounding the crap out of a $80,000+ truck

Awesome bud. Love the channel

Great vid, thanks. Simple, fun and to the point.

Really appreciate this video man.

Awesome Truck! Got this ride in my bucket list

Who cares what he pays a month...he got what he wants...you only live once....work hard, play hard...you have a very nice truck, dude.😁👍👍👍👍

Press and hold the Traction Control button and it will give you full control. Works on my 2011 F150

Just came across your videos new subscriber😎🤟🏻

Glad to watch a vid from a truck owner in the 'burg. Greentree originally here. Great vid.

How does the electronic running board with stand up to the winter weather of snow and ice? Would you recommend getting them again if you got another truck? I live in Michigan so we could have 5 months of snow here

796.00 a month for 60 months for me 2016 f250 platinum she had 4 miles on her the day I picked her up. Insurance 175 a month. I do my own maintenance cause I don’t trust anyone, oil change runs me about 90.00 and I know I’ll take some heat for this but I change my oil every 5000 miles and fuel filters get changed every 10,000.

Hey man nice truck dude. I agree with your desision, your money your life. Keep the vids coming.

Sometimes on the traction control if you just push the button and hold it for like five seconds, then it fully shut everything off

I love nice things too but damn! I pay about the same for my house payment (2100 sq ft), electric, internet, ect. Drive a nice used truck and throw that money in an IRA or 401K. You could be a millionare by the time you retire. Paying $1500 a month for things that go down in value won't get you there.

Wicked truck bro! My dream truck! My pops is looking at gettin a Platinum F-150 5.0, because he can't park the Super duty at work. (He has to park in an enclosed car park) Apparently they only come with a ten speed, and I have heard mixed options about the it. What do you think bud? I would love to hear your opinion. Thx

you should have the Locking rear diff if you have the FX4 package, that and you should have snow tires on her if you need to stop in icy conditions.

Cash is KING so looking good and feeling good is what he likes, I'm with you "All The Way" brother

Whatever makes you happy. Nice truck man!

Dude love the truck i grew up on powerstrokes i own 2006 6.0 best truck ive ever owned but watching your video gotta buy me one of those 6.7 nice truck bro!!

Excellent video brother!!

Just say how much it costs I’m late going to work

I respect what he wants , doesn't matter what he spends his money the truck is truky beautiful i can see why he chose it . I feel like hes treating that truck the ways it supposed to be , its a durable truck taking beatings in the elements and road and still can have fun with it , he enjoys it and loves it !

‪with the newer DEF and DPF emissions parts on these trucks, i wanted to get a 2019 ford f250 with the 6.7l power stroke or 2019 ram 2500 with the 6.7l cummins, i don’t know much about diesel, how would these trucks do as a daily driver/short trip truck, (no deletes) no towing or hauling, 6 miles to work and 6 miles back home? a grocery getter. long trip once a year‬. i just want a big truck with a diesel engine.

hold the traction control button above the stereo for 10 secs, that does the trick for advance track

Love the video

like ur breakdown i just picked up my 2018 lariat fully loaded, i added over 15k on add ons, numbers seem about right. love the truck i traded inn my 2013 Laramie 3500, i also purchased the gap n extended warranty.

Looked into financing a 2017 F250 6.7 Powerstroke Platinum edition too. Got too overwhelmed by all the figures and stuff thrown at me. APR, down payment amounts, term of the loan, etc. So I paid cash for it! It's my forever truck and I have zero regrets in buying it!

I ❤️mine so far, only wish the Satellite Radio deal was in a different place. I like when things look the same on both sides. They should’ve put it in the back middle in front of the 3rd brake light.

Gotta pay to play lol 😂👌🏻 sick truck, if you like it and enjoy it go for it! Life is way to short to wait!! And great videos by the way! I love my f250 king ranch

4/2/18, To each his own but when you get an [$80k] truck it helps to really need a truck. F-250 is a super duty commercial + what equipment you need on it for what you do. I drive a 2015 Taurus LTD/awd; I added a trailer hitch for local cash/carry----cheaper than a truck ($39k).

You only live once.. if you can afford one truck like this take it..or wherever the car you one.. nice video and almost spent the same like you by month.. i love my lariat f250

how about maintenance costs? i know about oil changes but lets say sensor fails or injector fails etc. what kinda bux?

Same way here, though I gotta say, I’m gonna pay at least 70% cash for anything I own (aside from house, or shop) I’m 18 and looking into getting king ranches, and platinums. Not because I wanna say “hey I have-“ no.. but because I just love the way the 1st and 2nd generation 6.7’s look. Particularly the king ranch and the platinums!😮‍💨 you only live once, so I won’t kill myself on a loan, but I’ll sure as hell ball hard as hell when I own one.

Huge fan of you and your channel. I like the way you explain things. How come you didn't get an F350 and a long bed? Especially since you use your truck for towing and hauling. My truck is a 2015 F350 platinum. Love these rigs. Ill never have anything else, Ford did it right.

Dope video... I subscribed

Awesome video

the struggle is real. im glad my company lets me pick whatever truck i want and pays for it.

my mortgage payment is $722, my taxes are $167, my insurance is $46 to own a 3 bed 2 bath house on a quarter acre :)

Super cool vid

I totally get it man. I always wanted a Toyota Tacoma since I was a kid and in 2016 I bought my dream truck. I got the full load and pay $868 with insurance and fuel a month.2 years to go and I'll be payment free.

That truck is beautiful and in my opinion worth that price.

Nice truck!😎

Skip to 6:40. Rest is a waste of time. Doesn’t mention any details like apr on loan. First time viewer so don’t know what state he in for insurance. Doesn’t give ball park of coverage. Etc...

What kind of credit score do you have and purchase price of the truck

Beautiful truck my friend! I have a 2017 F350 Platinum. Bought it along with a new Grand Design Fifth Wheel RV. Financed both. A few weeks ago I bought a new Camaro ZL1; financed too. I don't give a fuck what anyone says about how much I spend on my vehicles. I love cars, they give me great joy and I can afford them. Keep on enjoying that truck!!

Sweetest looking vehicle on the road. BTW, yours looks nice and clean as-is. I wouldn't change a thing. It is clean looking just the way it is. Enjoy. You only live once. :)

Puts zero down, 1400 a month for the next 7 fucking years. Zero equity in it. Excellent way to be totally upside down on the truck immediately. Good job bro, solid financial advice

DUUUUUUUUUUUUDE! Thank you. You are killing it

Great truck... Wish list!!! The rule of thumb for affording a car payment is 1\2 of your weekly wage net... And spread out between 4-6 years.

Thanks for the video. Are you going to do anymore mods?

You should post the VIN number so people watching can stay away if you go to sell after you beat on it some more.

That truck is awsome. It doesnt matter what you spent if it makes you happy. Congrats

Thank You 😊 For Tell Me About Owning a FORD-250 Pickup Truck and I Think 🤔 You Have a Really NICE 👍 Truck 🛩😎🚁

Did you opt for gap, xtra warranty??

Nice dude, I hope to one day make enough money to able to afford a F150 King Ranch.

Whate state dies this guy live in? I was thinking he’s from Canada but I know most provinces have front plates.

Looks like He did listen to Dave Ramsey !!! Lol and did everything differently 😂

Nice truck. If I was in a position to buy a truck like that I certainly would.

I have a 18 F250 Platinum and love it! My payment is $1250 per month, it’s totally worth it and I love it. I work my ass off and it helps me with taxes so I can have a nice write off.

Modern Diesel Corey I like your honesty. You keep it real. Let the haters hate. I'm looking at a 19 King Ranch. Talk about numbers at the dealer 0 down 1050x75 trade in a 17 1500 longhorn. 79997k MSRP. Just waiting on them to dropped the price more. I'm tough negotiator lol

Can you re-make video but show the donuts being done in somebody's front lawn or on a golf course? We would all love to see that.

2018 F250 King ranch or Platinum???

What’s the cost of running a cherry blacked out 6.0?

Guys what is the best f250 for ex. Zuper duty, lariet, platinum, sport, fx4, 4x4. I want the baddest one with best interior/options. Not a fan of kind ranch interior tnh so probally platinu.

It’s a sweet truck!

Is the truck strong?

I would say your true cost is about $600 a month. Which works out to $20 per day. Fuel cost and insurance will be there even on a used vehicle. if you want a new reliable vehicle to get around town haul a decent payload the cheapest would be a Nissan Frontier or Tacoma but you're still going to pay around 475 a month with zero down. so basically for an extra $20 a day you're getting a truck that you really want. In my opinion it's worth it

GOTTA PAY TO PLAY

It's in all what you want. Congrats!!!

what do you do for a living

Bought my Lariat Ultimate new..in May 2017. Truck listed for $69086.. Payed $58000 and some change... Threw in extended warranty negotiated to $2000 for 6 years 100k miles. Making it even $60000. Put down $11000... Payments $726 for 84 months... I now owe $43000 but the truck still books for $53-56000. As long as I can get the money I put down on it... I feel like I didn't get to bad of a deal.

Man it’s always wise to put the money down on a truck because in 3 years you’ll be upside down about 20,000. They say you should put down at least 20 percent but when I bought one of these I put 50 percent down and then financed the rest for 6 years and my payment is 300 bucks a month and I’ll never be upside down.

Do you wish you had the new 10 speed

What's it like having 4wd hi but not 4wd auto in slippery/snowy conditions? I think 4hi limits you to like 55 mph, so can't really be used for highway driving when it's slippery out. So does 2wd suffice with not a lot of weight on the rear end?

Nice truck bro

I appreciate your video bruh. I need a truck for my business, and I'm just shocked at the sticker prices. I was considering the new Ram 1500, but I saw it was 50k-60k. So that's what led me to your video because if I'm going to spend that much a diesel is a much better buy. What's your opinion?

In austria you pay 120€ that's around 140 $ a month for insurance.

2017 F150 Roush 5.0L Supercharged here. $1230.22 a month for 36 months ... rest of it was healty down payment. Everyone has his/hers cup of tea but for me taking a car for 84 payments just doesnt work. By the time you are done paying for the car it will be almost time for new one and Payment Cycle doesn't stop.

man 117/mo for insurance must be nice, here in Canada, particularly in a big city (like where i live in Toronto) you'd never get that kind of rate.

Is your truck deleted yet? If not when do plan on doing it? Would you make videos on it? Love the vids btw, good content and informative

If I would get it with the 6.2l

You just made my Day I pay 500 a month I feel so much better thankyou

My father has a 1992 f-150 that I will be using for when I get to drive. Got plans for it. 6bt cummins is just one mod plan for it. :)

Enjoy your truck man, Fk what everybody says. 👌👍

Dang man. If we round up to $1500 a month that's $126,000 to own that for the 84 month loan period... 0.O

1:30 I wish the camera guy was outside recording

So basically you overpayed for your truck then you think it's fun to trespass on someone else's land and tear it up! Yours is two years newer than mine, mine came back off of a lease I payed just under $34,000 all in.

Just read my comment! The TRUE COST OF OWNING A PLATINUM POWERSTROKE. I bought my 2015 f250 platinum 6.7 powerstroke brand new im 2016 for $65,000. I financed a total of $49,000 at 1.5% interest for 72 months. My monthly Payment is $728.00. My insurance is $100.00. And I get on average 15 mpg "city" driving so thats $45-$55 a week so roughly $180-$210 a month in diesel. A grand total of........... $1,038.00 a month. Could be more, could be less depending on fuel.

Dude 84 months is a long time i hope your putting more towards your monthly payments to pay down the principal to lower your overall cost.

You go man! I have an 17 f 350 platinum. Some of us make enough to enjoy it. I also have my house and a very healthy 401k for the haters. I have now 12,400 miles on it now. Good to be a government worker

Just bought a 19 f150 lariat at 0 percent for 60 months my payment is right at $800 a month which is outrageous because my mortgage is under a thousand but it’s what they cost these days so it is what is to me my insurance is $100 a month.