Originally Posted by topsites
The question folks like that should be asking themselves, is how do we consider a loan something anybody can afford?
Do folks just look at the monthly payment and figure that's not so bad?
How do they justify 50 thousand dollars for a vehicle they won't drive for 10 years?
Even if they did drive it for 10 years we're talking 5 thousand a YEAR!
And they won't have it 10 years because folks like that, 3-4 years and they get another.
Then they need FULL coverage insurance for a vehicle that's in hock, yes, the bank requires it.
We haven't touched on maintenance.
You dont have to buy a 50000 dollar truck. Mine cost 21000 and its plenty good enough for me.