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TabletopMarvel t1_jecvhmr wrote

Reply to comment by MidnightSlinks in Ford hikes prices on its F-150 Lightning again, as production resumes after EV battery fire by Shakawakahn

$20k?

These days that's like a 2014 Escape with 90,000 miles.

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MidnightSlinks t1_jed5fv0 wrote

I have no idea what your point is. You said someone should not consider taking a loan out for a truck. The next person disagreed with you and pointed out that even a $20k car, which is modest these days, will be bought on loan by the vast majority of buyers. And their point, and mine, was that typical trucks are more than that (like 2-4x more) and are indeed bought with loans all the time.

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ThaScoopALoop t1_jedghje wrote

I believe OP was trying to imply that an F-150 lightning was a luxury purchase at the current price and likened it to a Lambo purchase, which is silly.

Tonawanda is right, and OP is silly, as most people take out loans to pay for their vehicles.

You seemingly agreed, and another poster insinuated that $20k barely gets you a 10 year old mid-sized used SUV.

I took out a $50k loan on a $60k car because it would have been even money or cheaper over the course of the loan and didn't impinge my spending ability. I think you understand that until recently, financing was the viable and sensible option for purchasing a large purchase. Everything has flipped in the last year though...

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