[fuente]

That and $60,000 - $70,000 for a truck... With wages flat for 20 years.... I see all of the new trucks driving around and parked in these working and middle class neighborhoods and think, who in the heck is buying all of these beasties?

[RegulatorCountry]

They’re probably running it through their LLC as a business expense, assuming they’ve got the income to make the payment. One of the few perks left to small business owners.

[VRWCarea51]

I bought a 2year old lease Truck with 10k miles on it and 17k less than sticker price of a new one.

No way am I paying more for a vehicle that it cost me to purchase and build my own home. Aint happenin...

From what I gather most people now days are strapped with duel car payments, mortgage payments credit card debt to the point that one break down on anything and it is financial armagedon. I also read that less than 10% of American Citizens have more than a 1,000 saved for such things.

Evidently Parents aren’t teaching kids to live within their means anymore...

[varon]

I see all of the new trucks driving around and parked in these working and middle class neighborhoods and think, who in the heck is buying all of these beasties?

who in the heck can afford all of these beasties?

[SoothingDave]

That and $60,000 - $70,000 for a truck... With wages flat for 20 years.... I see all of the new trucks driving around and parked in these working and middle class neighborhoods and think, who in the heck is buying all of these beasties?

Leasing. You don't buy a $60,000 truck, you buy three years' use of a $60,000 truck.