News for hackers. Stuff that matters.

A comment on Be wary of imitating high-status people who can afford to countersignal. Parent comment

Re:Be wary of imitating high-status people who can afford to... by doubled112 on Sunday December 11, 2022 @10:51AM (#33944173)
Of course people are financing them. Vehicles are expensive. I believe the average used car price is over $40K now here. Even an average used car was about $20K.

Let's stick to the truck, though. F-150s are everywhere.

If I head to the Ford Canada website, an F-150 XL (the cheap one) is $39K before you get started. A Platinum brings you up to $87K, and the Limited brings you up to $98K.

The website is definitely NOT including taxes, licensing fees, financing fees, interest, etc.

I couldn't imagine paying that for a work truck. The trades are fairly well payed, but to that extent?

[ Parent | on HN ]
Re:Be wary of imitating high-status people who can afford to... by nradov on Sunday December 11, 2022 @11:31AM (#33944605)
The average new car transaction price is currently $48K.

https://www.coxautoinc.com/market-insights/kbb-atp-september...

[ Parent | on HN ]
Re:Be wary of imitating high-status people who can afford to... by tomrod on Sunday December 11, 2022 @11:45AM (#33944755)
What's the histogram? Surely the mean is highly skewed.
[ Parent | on HN ]
Re:Be wary of imitating high-status people who can afford to... by ehnto on Sunday December 11, 2022 @11:03AM (#33944302)
I can't see the logic in it either, by the time they're done paying off a typical loan even for the $87k variant, you would be up into triple figures for it. It could have cost as much as some people's homes.
[ Parent | on HN ]