Forum Discussion

Jayco-noslide's avatar
Sep 07, 2019

Terrible Trucks

No doubt I'll get lots of disagreement on this. Just wondering how many young people on a budget are buying those nice trucks at $40000 and up; way up for a 1 ton diesel. And financing them for as many years as a home. Economically a bad choice. For starters the purchase price is up there with amazing luxury and sport vehicles and 2 to 3 times many really nice vehicles.. Brutal depreciation follows. Secondly, about half as far on each gallon as a compact car or even a small SUV. So the overall cost of ownership must be huge. Yes, sometimes we need a truck, such as for a 5th wheel or heavy trailer. I've done that but then my (used) truck was my only vehicle. I guess I don't have a point here except I worry for those that don't really know what's it's costing them. Also, lighter, vehicles with small lightweight engines are way greener if you care about that sort of thing. OK. I'm not perfect with my 30 ft. V-10 MH towing a Ford Focus.

72 Replies

  • Most people are only interested in how much the payments will be. Not how long or how much it will cost them over the term of the loan. Understandably, people want nice things. And keeping up with Jones is important to many. And not just trucks, but most everything else they buy including houses far more expensive than they can reasonably afford. Unfortunately that often leads to financial problems.

    There are always cheaper alternatives than the highest end ones, but wants often overrule common sense.
  • My nephew is 6'7" tall. He says that his pickup was the only vehicle he could drive comfortably without opening the sun roof!

    Lotsa reasons why people buy specific vehicles!