[OldGoatCPO]

I have a 2021 Truck and a 2024 car. The total monthly payment for both vehicles is $1,200. My wife's car has a 200K bumper-to-bumper warranty. To attract buyers, dealers give below recommended APR to beat local Credit Unions and a lifetime bumper-to-bumper warranty for military ID card holders. Originally, I looked for a new truck using my 2021 as a trade-in. There is no way trucks, new and used, are way overpriced. Monthly payments for new trucks were close to $1600 per month. We did a lot of research to find deals.

These are the last vehicles we will buy unless truck prices come down. We kept and maintained two older cars until this year, one my daughter uses until she can save money for a car. We junked her vehicle when the cost of upkeep exceeded its value. That occurred after 15 years and 300K miles. The body was sold for good money, and the rest of the car was junk. We would have kept the vehicles, but the cost of repairs, like everything, has skyrocketed.

[TexasGator]

“Monthly payments for new trucks were close to $1600 per month.”

That is $100,000 for 72 months!

You are in rich territory!