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Posted on 7/1/21 at 6:35 pm to BabyTac
Depends on how you look at it I guess. I just bought a 2021 Highlander and a 2021 Tundra. Cost for both after trade in was $35K.
Posted on 7/1/21 at 6:36 pm to RogerTheShrubber
quote:
25k
This. I’ve never cared for new vehicles but when my truck goes out down the road I may consider it since I’m in a much better financial position since the last purchase and run it into the ground.
Posted on 7/1/21 at 6:38 pm to BabyTac
$23,0000 for my last truck…that was 15 years ago. I’ve got a feeling the next one wii\ll be twice that much.
Posted on 7/1/21 at 6:38 pm to BabyTac
$27k. Only spent that much because I bought new instead of the expensive used stuff
Posted on 7/1/21 at 6:39 pm to Mo Jeaux
quote:
Why is it a trap?
Because of the depreciation hit you take the moment you drive off the lot. Vehicles are horrible investments, buy property and drive a salvage title vehicle.
Posted on 7/1/21 at 6:39 pm to MrJimBeam
quote:
but when my truck goes out down the road I may consider it since I’m in a much better financial position since the last purchase and run it into the ground
With inflation, I'll probably go up to 30k next time I am in the market. There's a lot of nice gently used vehicles in that budget.
Posted on 7/1/21 at 6:41 pm to RogerTheShrubber
I need a full sized truck so I’m probably fricked
And yes I use my truck like it’s suppose to be used.
And yes I use my truck like it’s suppose to be used.
Posted on 7/1/21 at 6:42 pm to SA4LSU
quote:
Because of the depreciation hit you take the moment you drive off the lot. Vehicles are horrible investments, buy property and drive a salvage title vehicle.
I don't look at vehicles as investments (at least from a traditional monetary sense). My most expensive vehicle is a fast convertible, which I wanted. It was investment in my happiness, but I have no pretense of it being a wise financial investment.
Posted on 7/1/21 at 6:45 pm to MrJimBeam
quote:
I need a full sized truck so I’m probably fricked
Anything with reasonable mileage, for sure. The more I shop, the more I appreciate my current rig.
Posted on 7/1/21 at 6:48 pm to BabyTac
$30,000. I can’t imagine spending over 35k. As long as it’s safe, has ac and heat, and looks decent that’s what matters.
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