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A new f150 base is 36k, hilux is 25 base, they both go up to similar highs. The interest rate thing is wrong, you can finance them for lower interest rates tha
by iancmceachern 2y ago
A new f150 base is 36k, hilux is 25 base, they both go up to similar highs.
The interest rate thing is wrong, you can finance them for lower interest rates than most houses and educations. They're even often at 0%.
The other thing to factor in is resale. If you factor in the resale the total cost of ownership for many American trucks is less than most other vehicles.
- ein0p 2y ago0% where? The lowest I see is like 4.99%. Aside from the Tesla Model Y which is de-facto on sale right now.
- iancmceachern 2y agoYou can get 1.9% from Ford right now: https://www.ford.com/trucks/f150/pricing-and-incentives/ https://www.ford.com/trucks/f150/pricing-and-incentives/ When rates were lower you could get 0% with a low down payment even.
- ein0p 2y agoThose rates aren’t coming back though.
- SkyPuncher 2y agoFord currently has several vehicles with 0% interest options. Pretty sure the f150 XLT trim was offering 0% somewhat recently
- deleted 2y ago[deleted]
- fspeech 2y agoIn general they have a cash discount available in lieu of a rate concession. So no, car financing is definitely not cheaper than homes. To make a fair comparison one needs to look at offered rates by independent third parties.
- iancmceachern 2y agoThe two aren't equal though, the cash concession does not make up for the interest.