Another thing to consider is in some areas, trucks hold their value better than cars. In our area, diesel trucks especially. Case in point, our tow vehicle, a 2017 F350 dually King Ranch, we got a screaming deal on. It only has around 10,000 miles on it as we only use it for towing the camper for vacations. It's still worth $60k at least... we didn't pay much more for it than that. Sticker was near $80.
My husband's "daily" truck (which is just to run errands since we both work at home), is a 2019 RAM 1500. It's already lost about 15k in value. He has a new truck on order, another Ford Super Duty (so yes, we will have 2). We are youngish (approaching 40) with no kids, no credit card debt, lots of home equity, save for retirement and have good incomes. Might as well enjoy it while we can, there's no promising a future.
