GMC Yukon AT4 2024 | Cost Breakdown | Cost To Own

[@williamconrad1087]

You said centS, thank you.

[@luisqueremelmilani5023]

Always super interesting! Thank you!

[@maiehaven]

Glad you enjoyed it!

[@sergiomendoza4250]

First, the folks with the big houses in the fancy part of town. Secondly, the folks that think they can afford it but fight about bills late at night thinking their children can’t hear. No one should ever do less 20% down. If you can put that up you can’t afford what ever it is you’re considering.

[@t3h8ar0n]

You said "No one should ever do less 20% down. If you can[t] put that up you can’t afford what ever it is you’re considering." - this is terrible advice... just because someone CAN put down 20% doesn't mean they SHOULD put down 20%... you need to look at the interest rate of whatever financing you are taking, and then compare that to the returns you could earn with that same money through various investments... the last vehicle I purchased (2023), I got a 0% APR on the condition that I keep the financing at 24 months... that was a no-brainer no-money down situation... I could have paid the entire amount up front... instead I opted to put 0 down, and that money has been crushing it in the stock market (the same thing would have held true even if I had financed for a higher rate than 0%... you just gotta do the math).

[@toddkestner3742]

who are these folks that can afford a $1400 monthly vehicle payment??

[@user-qb3vi5kk3t]

I pay 1300 on a new Escalade that costed $95k and only because I was able to get 2.5% interest, 8% is ridiculous!!!

[@javierpalomares2892]

$144k for a TAHOE?

[@Areku06]

Just insane, I’ll just buy used cars for 50% off.

[@user-qb3vi5kk3t]

8%? Only an idiot would go with that rate on a NEW vehicle

[@maiehaven]

The average right now across all credit scores for a new car loan is about 9.8% 🤨

[@user-qb3vi5kk3t]

@@maiehaven that’s a rip off, on top Of dealer fees