111

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.

all 49 comments
sorted by: hot top controversial new old
[-] WhatASave@aussie.zone 45 points 11 months ago

Obviously every type of car has bad drivers but man, pickups have got to be the most terrifying of the bad drivers.

[-] Alto@kbin.social 12 points 11 months ago

It's SUVs in my area. There's enough actual farmers and people who legitimately need pickups to somewhat offset the limp dick compensators. SUV drivers here tend to be piss scared and incredibly timid, which is why they buy SUVs. Think being higher up is safer.

Which is true until you flip, in which case you're fucked. And that's ignoring that the rise of SUVs and pickups has seen an average of a 6% YOY increase of pedestrian deaths since 2008.

[-] sugar_in_your_tea@sh.itjust.works 6 points 11 months ago

I live in a snowy area, and most of the accidents in the winter seem to involve trucks and SUVs. It's probably just because trucks and SUVs are more popular in my area, but there's something to be said for getting overconfident, after all, all cars have four wheel braking.

I have never bought snow tires in >10 years of living here, have only driven two wheel drive cars, and I've never wrecked a car. I did slide into a snowbank once with my sporty car when in college, but I was going slow enough that it wasn't hard to get out (just threw down some microfiber rags to get traction and reversed). I try to avoid unplowed roads, so it's just not needed once the roads are cleared.

I hate driving SUVs and trucks, and I only put up with my minivan because it's so practical with kids (I have three).

[-] dragoness@lemmy.zip 6 points 11 months ago

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.

[-] sugar_in_your_tea@sh.itjust.works 3 points 11 months 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.

[-] Madison420@lemmy.world 5 points 11 months ago

Being higher up isn't really safer, sorta feels that way but push come to shove a lower cg is almost always preferable.

[-] Fox@pawb.social 2 points 11 months ago

Had the same perception on a dualsport motorcycle. Great being able to see over traffic but oh man it's a long way down when you fall.

[-] BingoBangoBongo@midwest.social 0 points 11 months ago

I rolled my 3rd gen 4 runner in a snowstorm a few years back. Had it flipped over, popped a couple dents, and still driving it today! I should probably fix the sway bar and get new tires but I like to live dangerously I guess.

[-] chemicalprophet@lemm.ee 31 points 11 months ago

Sucker is much easier to spell than bourgeoisie

[-] tree@lemmy.zip 28 points 11 months ago* (last edited 11 months ago)

You can just see it some areas, run down houses in need of renovation or at least a paint job with brand new shining pick ups in the driveways, it's fair game if you actually tow things or plough snow, but other than that just pissing away money for a fancy new car that for the most part do like 15mpg

[-] sugar_in_your_tea@sh.itjust.works 7 points 11 months ago* (last edited 11 months ago)

Yup. I considered getting a Ford Lightning as a commuter to make those trips to the hardware or furniture store easier, but honestly, my minivan works fine. I've probably hauled more things in my minivan than my neighbors have hauled with their trucks. I've done dump runs, hauled furniture, hardware store runs, etc. The few times I've needed a truck I just rented one for the day for $30-40.

And my minivan gets crappy mpg, but it's still ~20, which is better than most trucks. And it hauls my three kids and their friends pretty effectively.

[-] madcaesar@lemmy.world 2 points 11 months ago

Dude, just yesterday I see this guy who coming out of a rundown apartment, with 4 kids running around with tattered clothing, getting into a 60k brand new 3 row SUV.....

I don't know who is worse the moron getting the loan, or the fucking bank approving it.

[-] HiddenLayer5@lemmy.ml 22 points 11 months ago

I am so glad I live somewhere with decent public transit. Never want to buy a car if I can help it.

[-] cassetti@kbin.social 9 points 11 months ago

Before moving, I specifically chose somewhere that I could commute by bicycle most days - both for work, and to run short errands. My 10 year old vehicle sits parked most days, while I put over 3000 miles a year on my bicycle haha. I'd much rather burn the calories and save money at the same time over having some fancy new vehicle with all sorts of bells and whistles.

[-] sugar_in_your_tea@sh.itjust.works 1 points 11 months ago

I did that too for several years, then I switched jobs and now I'm back in the car.

I'm looking into ebikes, but the transit sucks so bad that it would take me 4x longer by bus/train than by car (30 min by car, 2 hours by train+bus; I estimate ~1 hour by ebike).

I guess my point is, until the US gets serious about people first infrastructure (instead of car first), it's going to be an uphill battle for those of us that prefer to avoid driving.

[-] RhetoricalRat@kbin.social 14 points 11 months ago

Weird headline. Isn't this basically just stating that (1) new cars are getting more expensive, and (2) trucks continue to make up a substantial share of new car purchases in the US (both of which were obvious)?

[-] ShittyRedditWasBetter@lemmy.world 9 points 11 months ago

Yes but let's not waste a good opportunity to speak want how nobody needs a truck, they all have small dicks, and all are shitty drivers because the American South bus them the most.

[-] gothicdecadence@lemm.ee 14 points 11 months ago

These giant "light trucks" are so much more dangerous on the road than smaller cars. This is a good video about it, and he cites his sources https://youtu.be/jN7mSXMruEo

[-] autotldr@lemmings.world 7 points 11 months ago

This is the best summary I could come up with:


Car shoppers are paying more than ever to finance new vehicles — and pickup trucks are driving up the average cost in at least two states.

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, Edmunds found.

Large trucks are the third-largest vehicle sales segment in the U.S., after compact and midsize SUVs, and account for the “heaviest finger on the scale” when it comes to the average car payment, said Joseph Yoons, a consumer insight analyst for Edmunds.

Trucks have evolved from utilitarian vehicles to highly aspirational ones that consumers are willing to spend a lot of money on — and automakers are noticing, added Waatti.

“It does not seem strange to me that a quarter of the population in Texas have some serious cash, [saying] ‘I couldn’t get one of these fancy trucks before, I can get them now,’” said Tom McParland, contributing writer for automotive website Jalopnik and operator of vehicle-buying service Automatch Consulting.


The original article contains 561 words, the summary contains 222 words. Saved 60%. I'm a bot and I'm open source!

[-] lemming007@lemm.ee 6 points 11 months ago

Large trucks are the third-largest vehicle sales segment in the U.S., after compact and midsize SUVs

That's like saying chicken is the third most expensive meat after steak and pork.

[-] Juvyn00b@lemmy.world 3 points 11 months ago

No, it's like saying chicken is the third most purchased meat after steak and pork.

[-] Blaze@discuss.tchncs.de 1 points 11 months ago

Thank you for sharing!

[-] ShittyRedditWasBetter@lemmy.world -3 points 11 months ago

I'm not sure what part of, " I want a truck and I want luxury features", you all don't understand.

[-] sugar_in_your_tea@sh.itjust.works 11 points 11 months ago* (last edited 11 months ago)

The part I don't understand is when a truck costs more than my mortgage. That's just nuts!

In my mind, a truck is for getting work done. If I ever get a truck, it probably won't have a crew cab and it'll be all about making sure the towing and bed capacity can do the job. That's it. I'll probably get something with an MSRP of $30-40k, because that's all I'll need to get the job done.

I dislike driving trucks though, so I guess I don't get it. In fact, I dislike driving in general, I only do it because it's the most practical way for me to get around. I've driven a variety of cars, from trucks (least favorite) to manual transmission sports cars (my favorite), and I've settled on a Toyota Prius because it's so practical. If I could pick anything to drive for fun, it would be a middle tier sport bike (like SV650), but it's impractical because my area gets a lot of snow in the winter, so I'd only be able to drive for about half of the year.

Maybe it's a cultural thing. The only person in my family that owns a truck is my brother, and he pretty much only uses it to haul his MTB or skis out to the trails. It's just big enough to get the job done and not get stuck. My only friend that drives one drives a beater, because hauling mulch and whatnot is a lot easier with a truck.

[-] ShittyRedditWasBetter@lemmy.world -1 points 11 months ago

Because after a day of working on my home or racing I want a comfortable ride to home Depot or coming home on a 3 hour drive. If my wife needs her car I might need to use it for I understand not everyone needs these things but I'm tired of the reddit/lemmy standard arguments coming out of fuck cars so here I am mouthing off to dev/null

[-] sugar_in_your_tea@sh.itjust.works 1 points 11 months ago

To each their own I guess. I find my sedan and minivan are plenty comfortable, so to me it's a question of efficiency.

[-] ShittyRedditWasBetter@lemmy.world -1 points 11 months ago

Your mini van doesn't tow. I don't understand what's complicated here 🤷‍♂️

[-] sugar_in_your_tea@sh.itjust.works 1 points 11 months ago

I don't have anything to tow (I could tow something small), and I rarely see any trucks in my area that actually tow.

If you regularly tow, then a truck makes total sense. But you don't need a $1k truck payment to tow something.

[-] ShittyRedditWasBetter@lemmy.world -3 points 11 months ago

You don't NEED anything. Many of these are wealthy buyers who have disposable income and choose to spend it on a nicer truck.

[-] sugar_in_your_tea@sh.itjust.works 1 points 11 months ago

And that's precisely what I'm getting at. A lot of people complain about their car/truck payment, but most of it is 100% a choice.

People point to average car payments like some kind of evidence that owning cars is significantly more expensive today, but prices for new cars have mostly come back to "normal" and average payments are being skewed by these high value vehicles (e.g. high end electric cars, trucks, massive SUVs).

So if your car payment is too high, there are most likely much more affordable options that'll fit your needs, so average monthly payment is a really silly thing to look at.

[-] BruceTwarzen@kbin.social 5 points 11 months ago

This shouldn't even exist.

[-] Eegra@lemmy.world -4 points 11 months ago

… and that’s how America brought back slavery: volunteers.

[-] JJROKCZ@lemmy.world 8 points 11 months ago

I don’t really see how signing up to make payments on an expensive vehicle equates to slavery

[-] Entropywins@kbin.social 8 points 11 months ago* (last edited 11 months ago)

I believe they are using a literary device called hyperbole to illustrate the wage-slave relationship to consumerism in modern socioeconomics.

[-] JasSmith@kbin.social 1 points 11 months ago

Hyperbole is taking an example and making it more extreme. Voluntarily trading one’s labour for money is the opposite of slavery. It just appears they don’t understand what slavery is.

[-] ShittyRedditWasBetter@lemmy.world 0 points 11 months ago

As they ignored reality https://www.motorbiscuit.com/ford-f-150-most-popular-car-rich-americans-making-200k-dollars/

Hyperbole and literary devices aren't really helpful or clever when you ignore that the owners are quite wealthy.

[-] Falmarri@lemmy.world 5 points 11 months ago

Maybe you should look up the definition of slavery

[-] ShittyRedditWasBetter@lemmy.world -2 points 11 months ago* (last edited 11 months ago)

Oh no, I'll tow my car to the track in my in cooled massaging seats, but fuck me I'll have to work 30 hours next week and only get to retire at 55.

Most people buying these trucks are very well off.

this post was submitted on 24 Aug 2023
111 points (95.1% liked)

Personal Finance

3696 readers
2 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 1 year ago
MODERATORS