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I mean, who in their right mind spends $80k on a truck? I have the same sentiment, a lot of people buy a payment and auto loans are now 7 (or more) years long
by atwebb 7y ago
I mean, who in their right mind spends $80k on a truck?
I have the same sentiment, a lot of people buy a payment and auto loans are now 7 (or more) years long which is a lot of the reason you see that. Trucks, at least in the US, are considered work vehicles for tax purposes in some professions such as farming or construction.
- christocracy 7y agoIt’s all about the size of monthly payment. Total debt, be damned.