The price of new trucks is beyond comprehension!

If you make your new truck purchase based on a percentage of your net worth it might be a whole lot easier to justify purchasing new now vs then. One online financial guru says you shouldn’t pay more than %10 of your annual income on purchasing a car. But if that doesn’t work for you consider using your net worth as a barometer. He suggests us in the older crowd can afford to pay up to 5% of our net worth on a new vehicle purchase.