Personal Finance

3828 readers

12 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 2 years ago

MODERATORS

[email protected]

111

Truck purchases are driving up the average cost of car payments. Some buyers pay over $1,000 a month (www.nbcnews.com)

submitted 1 year ago by [email protected] to c/[email protected]

44 comments fedilink hide all child comments

More than 1 in 4 car shoppers in Texas and Wyoming have committed to paying more than $1,000 a month, and experts say it is due to the high volume of large truck purchases in those states, according to a report by auto site Edmunds.

More than 1 in 5 shoppers in seven other states — Colorado, Kansas, Louisiana, Montana, Nebraska, North Dakota and Utah — are also forking over more than $1,000 for their vehicles each month.

you are viewing a single comment's thread
view the rest of the comments

[–] dragoness 6 points 1 year ago (1 children)

I lived in snowy af Ohio for 8 years with a Kia Sephia. I was poorer than now then and couldn't afford snow tires yet I made it just fine. I'd always see trucks and SUVs driving crazy fast down the highway, and saw 2 crash right in front of me.

I'm with you, people do not need SUVs for the snow.

[–] [email protected] 3 points 1 year ago

Yup. A set of snow tires will do much more for you than AWD or 4WD, though it'll never hold a candle to snow tires + AWD/4WD. But snow tires and FWD is plenty for pretty much everyone that's not regularly offroading in deep snow. If you're really worried about it, get studs.

Make sure to take them off in the spring because they wear out really fast when it's not cold. Swapping them shouldn't cost a ton (like $100 or so), and snow tires are usually a bit cheaper than regular tires. It's certainly less expensive than gas longer term.