Truck Gang
New member
- First Name
- Mike
- Joined
- Jan 5, 2022
- Threads
- 2
- Messages
- 4
- Reaction score
- 5
- Location
- Dayton, OH
- Vehicles
- 2008 Silverado Crew, 2006 Jetta TDI, 2019 Outback
- Occupation
- Data Analyst
- Thread starter
- #1
So, my excitement for the CT has been renewed since the delivery event but I have doubts that I will be able to afford my CT when it is produced.
When I reserved my Dual-motor CT I did so because comparable ICE half-ton trucks were close to $55k+. The CT with dual-motors and stainless body at $50k was enough to earn my reservation. The stainless body is especially appealing owing to the fact that my '08 Silverado was rusting off the frame.
If I recall new car interest rates were at approximately 3.5%. $50k + TTL in Ohio would put me up to around $54k borrowed resulting in a payment of around $1k a month for 60 months.
With the price increase to $69k and interest now at around 6.5% I'm now looking at a monthly payment of about $1,350 a month. I haven't included any incentives because they may or may not be available when my CT is produced. It's likely that rates won't stay the same and the figures I used are estimates of what they were at the time.
If a battery wall and home charger were heavily incentivized with the purchase of the CT it might make the revised price easier to swallow.
I haven't even quoted insurance cost for a driver with a clean record for which I've seen estimates of $400 a month for comprehensive.
I may end up with a '24 Tacoma Hybrid instead of the CT.
Anyone else in the same boat for similar reasons?
When I reserved my Dual-motor CT I did so because comparable ICE half-ton trucks were close to $55k+. The CT with dual-motors and stainless body at $50k was enough to earn my reservation. The stainless body is especially appealing owing to the fact that my '08 Silverado was rusting off the frame.
If I recall new car interest rates were at approximately 3.5%. $50k + TTL in Ohio would put me up to around $54k borrowed resulting in a payment of around $1k a month for 60 months.
With the price increase to $69k and interest now at around 6.5% I'm now looking at a monthly payment of about $1,350 a month. I haven't included any incentives because they may or may not be available when my CT is produced. It's likely that rates won't stay the same and the figures I used are estimates of what they were at the time.
If a battery wall and home charger were heavily incentivized with the purchase of the CT it might make the revised price easier to swallow.
I haven't even quoted insurance cost for a driver with a clean record for which I've seen estimates of $400 a month for comprehensive.
I may end up with a '24 Tacoma Hybrid instead of the CT.
Anyone else in the same boat for similar reasons?
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