Forum Discussion
fx2tom
Sep 03, 2021Explorer
Grit dog wrote:4x4ord wrote:
It would be interesting to know how many weeks income it takes of, say a school teacher, to equal the cost of a 4x4 crew cab pick up now vs in 2000. Regardless for many people the older they get the wealthier they get and the easier it is to purchase a vehicle. My first vehicle nearly emptied my piggy bank.
And part of the issue. Not everyone “should” be able to afford a new 4x4 crew cab pickup. But there sure are a lot of stout car loans out there….
We are going to buy a new Ford Ranger this weekend so we set up financing through our credit union. Credit Union offered the same rate from 37 months to 75 months (we are doing 36 months and hoping to pay off in 12 as it's our only debt). No wonder people can buy such pricey trucks when you finance them for over 6 years. I've seen dealers advertise 84 month low interest loans. That's why people keep buying them, you can get a mortgage on it!
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