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?
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.
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?