I put it off for as long as I could. I drove a 2009 Toyota Matrix from new. I got it with the cash for clunkers. It was a good deal. It blew up at $415,000 mi in 2023. I drive 100 mi a day. I need a reliable automobile...
There’s differences between average car payment and average payments on “new” cars…. $3000 a month is insane and you’re not going to see hardly anyone doing that. That’s a $100k + car with no money down on a 4+ year loan….
Yeah but what you can afford. Mine was $300 on a 2011 Camry. It's paid off now. Guarantee my neighbor with his new BMW wagon isn't paid off, yet he lives in the same crappy apartments lol.
I like the logic behind this but keep in mind the cost of used vehicles has gone way way way up, especially toyota platform's, I bought my 2004 double cab tundra for $8,400 back in 2019 with 170,000 miles, sold it in 2023 with 215,000 miles for $16,000 and all I did was a timing belt kit, ICON coilovers and basic prerunner bumper on it all done by myself so no shop labor prices, less then $4K in upgrades, I got all my money hack and more.
The rising cost of used vehicles lags the cost of new vehicles and the increase in interest paid/loan terms as far as I can tell. If that’s the case, this only makes more sense given the current market.
It only works if someone has $10+K saved to spend on a used car, most Americans are struggling to survive due to increased rents, out of control utility bills and food prices that outweigh even eating anymore, im just pointing out the facts here thanks to to uncle Joe, most Americans make just enough to stay afloat and not save a dollar, car payments for them make sense or a cheap car like a 98 honda civic, not a 2000+ tacoma, tundra or 4runner, where its gona cost you $10k to make the magic happen, I understand 100% these 1st, 2nd and 3rd gen yotas are a great platform to get into, I myself still own a 2008 Lexus GX470 with a 140K miles on it but im just saying not everyone had the pocketbook or savings to spend to get a older yota with 200+k miles on it, keep the dream alive I say and if your selling a yota platform vehicle make it affordable for the next guy, your passing on a legacy that creates memories and not just a dream.
Yeah I put 13500 down on a brand new new 2020 tundra 4 years ago with perfect credit while buying a Camry flat out at the same time and I still pay 500 a months for 6 years haha
@@RealMTBAddict you sure because my homie has a m4 comp at 135k original engine just maintenance it regularly that’s all you gotta do to make any car last lmao
I mainly drive a company truck cause i work alot. My car is paid off and doesnt get used besides the weekends if i need to do a monthly grocery run. I spend $20 a month in fuel lmao yall keep spending gobs of money 😂 wont have money if all you do is spend it
