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re: Truck purchased in early 2025

Posted on 9/13/25 at 11:54 am to
Posted by horndog
*edited by ADMIN
Member since Apr 2007
11838 posts
Posted on 9/13/25 at 11:54 am to
The paid 112 k for a Ram?
Posted by PerryWinkleBlue
Member since Apr 2025
259 posts
Posted on 9/13/25 at 11:55 am to
2500 are less than half that right?
Posted by Will Cover
Davidson, NC
Member since Mar 2007
39880 posts
Posted on 9/13/25 at 11:57 am to
quote:

kywildcatfanone


quote:

You especially should know better than to do this.


I do.

I saw this posted in a finance forum. I was shocked. So, I shared.
Posted by BregmansWheelbarrow
Member since Mar 2020
3108 posts
Posted on 9/13/25 at 12:00 pm to
No. They paid 159K for a ram.
Posted by Powerman
Member since Jan 2004
170583 posts
Posted on 9/13/25 at 12:04 pm to
Could buy a very nice vehicle for the interest the guy will pay
Posted by SLCGumpFB25
SLC
Member since Jun 2025
991 posts
Posted on 9/13/25 at 12:07 pm to
I would hate to see that credit score for 10%

I will drive a beater before paying that on a vehicle.
Posted by Shorts Guy
BR
Member since Dec 2023
531 posts
Posted on 9/13/25 at 12:08 pm to
Hope this is a joke and not something you actually purchased.
Posted by SG_Geaux
Beautiful St George, LA
Member since Aug 2004
80453 posts
Posted on 9/13/25 at 12:09 pm to
That is more than my mortgage
Posted by Will Cover
Davidson, NC
Member since Mar 2007
39880 posts
Posted on 9/13/25 at 12:10 pm to
quote:

That is more than my mortgage


Mine too.
Posted by LSUHeights
Member since Jan 2010
616 posts
Posted on 9/13/25 at 12:17 pm to
Seeing that makes me feel fortunate I am not a "car" guy and I don't care as long as it gets me where I need to go.

It is slightly embarrassing when I have to valet but it is worth that.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40200 posts
Posted on 9/13/25 at 12:18 pm to
How does a vehicle with 6k miles qualify as new?

I assume there’s negative equity here to get to that sales price… but good lord how much negative equity? Or is that really a 90k truck with 20k roll?

And if it’s a work truck… great you are saving 25 or so perfect with the deduction.. still an insane amount out of pocket
Posted by GeauxTigers123
Member since Feb 2007
3064 posts
Posted on 9/13/25 at 12:19 pm to
quote:

That's twice my mortgage.


You must’ve lived in your house for a while?
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
68558 posts
Posted on 9/13/25 at 12:21 pm to
You guys have a $1K/month mortgage?

Do y’all live in a trailer park?
Posted by sqerty
AP
Member since May 2022
8117 posts
Posted on 9/13/25 at 12:23 pm to
Mortgages were lower in the 50s
Posted by GeauxTigers123
Member since Feb 2007
3064 posts
Posted on 9/13/25 at 12:26 pm to
I mean, if you live in rural Louisiana and buy a home for $200,000 and finance it at 3% then I could see it getting down below $1000 per month.
Posted by TBoy
Kalamazoo
Member since Dec 2007
27445 posts
Posted on 9/13/25 at 12:27 pm to
Put a mattress in the bed and live in it.
Posted by N2cars
Close by
Member since Feb 2008
37890 posts
Posted on 9/13/25 at 12:30 pm to
A lower 600 credit score, and poor life choices.
Posted by N2cars
Close by
Member since Feb 2008
37890 posts
Posted on 9/13/25 at 12:31 pm to
Demo, never titled.
Posted by ChatGPT of LA
Member since Mar 2023
4363 posts
Posted on 9/13/25 at 12:32 pm to
You and people like you are fricking morons. Just no easy way to tell you how stupid you are
Posted by The Pickwick
Member since Jan 2025
489 posts
Posted on 9/13/25 at 12:33 pm to
That’s about exactly what my note is but I have an interest rate of under 3%. It’s paid off soon and I can’t wait
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