malonestephen+FollowThinking about a new truck? You have to see how much value these things loseI always thought trucks held their value really well. I mean that is what everyone says. But I just read an article that found some of the most popular trucks on the market lose a ton of money over five years: 1. Honda Ridgeline: This truck could lose 42.4% of its value in five years. Even though it is super comfortable and has a lot of features it only comes with one engine and one body style. 2. Ram 1500: The Ram 1500 might lose 42.8% of its value in five years. This is surprising because it is known for being one of the comfiest trucks out there with a lot of towing power. 3. GMC Sierra 2500 HD: This truck could lose around 45% of its value. Since it has a high starting price that could mean a massive loss of almost forty thousand dollars after five years. 4. Ford F-250 Super Duty: The Ford F-250 also loses around 45% of its value. With an average price of over seventy thousand dollars that is a huge hit to the original owners. 5. Ford F-150: The Ford F-150 which is one of the most popular trucks in America has the worst depreciation at 51%. One study says this is because there are so many of them on the market right now that the supply is way too high. It makes you realize you really have to do your research. I always thought a Ford F-150 would be a safe bet but the numbers say otherwise... #TruckLife #CarBuying #Depreciation #FordF150 #Ram1500 #CarFinance #AdviceNeeded #Cars #Trucks 10Share
Paige Douglas+FollowCar Loan Drama: Could You Get a Refund?Ever bought a car on finance and wondered if you paid too much in hidden fees? The UK’s top court just ruled that car dealers don’t have to act like your best friend when selling you a loan, but if your deal was unfair, you might get some money back. The financial watchdog is cooking up new rules, so if you financed a car, keep an eye out—your next coffee could be on Lloyds! #Business #MoneyHacks #CarFinance40Share
Kathryn Olsen+FollowDid You Overpay for Your Car? Check This!Heads up if you bought a car on finance before 2021: you might be owed some cash back! The Supreme Court is about to decide if millions of drivers who got hit with sneaky extra charges could get compensation. Basically, some dealers bumped up your interest rate to pocket more commission. If the court says it’s a no-go, expect a big payout wave. Don’t rush to sign up with claims firms—payouts could be automatic, and you don’t want to lose a chunk to fees! #Business #MakeMoney #CarFinance165Share
