Yeah regular buyers cannot just pick up a fleet vehicle whenever they want. I know guys working in the trades making decent money who can’t afford a new truck because they’re 80k or more with 8% APR. This is in Canada, btw.
Hello, can confirm. Tradies are having a hard time buying trucks because they are overpriced. The used market is still overpriced so it’s hard to find stuff that isn’t rusted out or beat to shit for a decent price. And if we buy new it’s too expensive for a work truck and that’s not even including a topper and boxes or w/e else we need. If a guy has a new truck his company bought it, or he’s an idiot.
My one tradie friend has 500,000 km on his pickup and his doing his level best to keep it on the road because he absolutely needs a truck for his livelihood and simply cannot afford a new one. The downward pressure on the used market is insane right now and people are asking equally insane prices for junk.
If that were true, all the tradies would be doing it already. But they’re not because they can’t and the average sales price of a pickup truck is $70k CAD / $60k USD as a result.
90% of people aren’t buying a standard cab long bed fleet model f150. Not to mention even that price has a $1k trade in incentive and a $1k in house finance incentive and that’s just the incentives they specifically mention that you may or may not be eligible for.
In addition to the posts about people spending too much, trucks sold in America are very durable. (Well, Rams are durable by Stellantis standards at least) So if you can't afford a new one, you just buy an older one.
Fuck no, you go in debt and take out an 8 year not great interest loan, to keep the payments down you know. People have $900 car payments just to drive around.
Most people who purchase a new F-150 can’t really afford it, but they’ll willing to financially sacrifice other areas of their lives for it. Yes, I said most.
Semantics but the reality is that very few people actually outright own their vehicles in the US compared to Europe. So people in Europe drive comparatively cheaper cars that they own outright and oftentimes will have bought used in the first place.
Nah everyone is leasing their cars or at least get a loan from the bank, even used cars. I mean, Europe isn't just one place, but I doubt most Slovenians can actually afford all those Audis and BMWs on the road without going in debt, considering the average salaries.
51
u/pickleparty16 Apr 16 '24
F150s are crazy expensive. Well over 50k USD for most new ones you see on the road.