Another option is to lease with no money down. Nicely equipped F150's are leasing here in Toronto for less than $400 per month for a 2-year lease, and best of all, you get a new truck every couple of years. The depreciation on a nice F150 Supercrew 4 X 4 is certainly more than $400 X 12 mos. = $4800 per year, and don't forget you save the taxes on the "residual" value at the end of the lease, because you don't buy it. These figures are VERY rough, but if you consider a residual value of, say $25k, in Ontario you will have saved $25k x 13% = $3250 by leasing instead of buying. Works for me - anyone want to buy my current 2010 F150? (I'm drooling over the new 2014's.):laughing: