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re: The average monthly new car payment in 2022 is $644
Posted on 3/23/22 at 12:10 pm to Vacherie Saint
Posted on 3/23/22 at 12:10 pm to Vacherie Saint
Wouldn’t get another King Ranch but the sticker on my new F-150 was about $73k
1
Posted on 3/23/22 at 12:24 pm to 777Tiger
Have a 2021 150XLT with what i wanted and a 6.5’ bed. My first new truck since 1999. I get my money’s worth. 59k. Free money from Ford not mad at all.
Posted on 3/23/22 at 12:55 pm to canyon
quote:
i wanted and a 6.5’ bed
the shorter bed on the new trucks almost make it an suv, I wanted a longer bed but didn't want to wait four months for a new truck so I got it, Lariat 53k, I really like it
Posted on 3/23/22 at 1:01 pm to weagle99
We have an overspending problem in this country and people pay too much for fancy new cars they don't need.
But if used car payments are up 18% in a year... in a low interest rate environment... that's a huge problem.
Most people need a car to get to work. And even if they drive it until the wheels fall off, and then get a new, sensible used car... it's still a problem if payments are increasing that much faster than wages are.
But if used car payments are up 18% in a year... in a low interest rate environment... that's a huge problem.
Most people need a car to get to work. And even if they drive it until the wheels fall off, and then get a new, sensible used car... it's still a problem if payments are increasing that much faster than wages are.
Posted on 3/23/22 at 1:45 pm to LSUFanHouston
quote:
Most people need a car to get to work. And even if they drive it until the wheels fall off, and then get a new, sensible used car
So your solution to this problem is buy a bike or ride a bus?
Posted on 3/23/22 at 2:06 pm to 777Tiger
I walked right up on this one. Lucky.
Posted on 3/23/22 at 2:12 pm to LSUFanHouston
(no message)
This post was edited on 3/23/22 at 2:13 pm
Posted on 3/23/22 at 2:17 pm to Vacherie Saint
quote:The vast majority live paycheck to paycheck with no regard for their future as they rack up debt to an alarming level.
the vast majority of people
Then they seek advise from Dave Ramsey and "snowball" all that debt by selling off those high priced vehicles dumbing down their transportation to a "grocery getter" level while they chip away at crippling credit card debt & student loans and eat rice & beans for years.
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