Why Your $70K Truck Costs More Than Your House скачать в хорошем качестве

Why Your $70K Truck Costs More Than Your House

A $70,000 truck payment can become a long-term personal finance anchor—sometimes feeling bigger than your mortgage over time. In this video, we break down the real $70K truck cost with simple auto loan math, showing how the monthly payment mindset makes expensive vehicles feel “affordable” while the total cost explodes. With a 72-month auto loan or 84-month auto loan, the payment looks manageable, but the interest cost grows while depreciation hits immediately. Add insurance, fees, maintenance, repairs, and the modern “tech-on-wheels” reality, and the true total cost of ownership is far beyond the sticker price. Then the trade-in cycle resets the clock—sometimes rolling negative equity into the next loan—turning one purchase into a repeated wealth drain. No conspiracy—just incentives and math. In this video: 🚨 Why a $70,000 truck can become a six-figure long-term decision 🧮 Auto loan math: what 72/84-month loans do to total cost 📉 Depreciation + interest cost: paying more for less 🧾 Total cost of ownership: insurance, fees, maintenance, repairs 🔁 Trade-in cycle + negative equity: resetting the payment trap 🏠 Car payment vs mortgage: why it can feel “bigger than the house” 🧠 Monthly payment mindset: the psychology behind “affordable” payments ⚠️ Disclaimer: this content is for general informational purposes only and does not constitute financial advice. For advice tailored to your situation, please consult a licensed professional. #PersonalFinance #Debt #Budgeting