[TexasGator]

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

That is $100,000 for 72 months!

You are in rich territory!

[OldGoatCPO]

N0, interest, taxes, licensing, extended warranty, gap insurance, and fees. I caught two unnecessary fees on my wife's car, which brought the cost down nearly $2K.

So, a locally extended cab truck, a basic white construction truck with no add-ons, runs around $32K. Better models run as high as $90K. I told my wife I remember when a Ferrari cost $100K, and only the rich could afford them.

[Texas resident]

My son found a deal in 2019 for a 2016 F-150. 6 cylinder engine. It had been a lease vehicle when it was new. Still going strong.