My pickup cost around 59k after sales tax. That saves me around 15k+in federal taxes in 2 years. It goes beyond just federal income tax too. Drops income lower so that health insurance is (was, now) cheaper, etc.
I get a brand new 59k truck for essentially 44k, trade in for $35-37k at a $6-8k total loss. That's pretty awesome for a truck with 65-70k miles when I'm done.
I could have bought a Chevy Diesel 2500 with 170k miles for $20k, no warranty, pay for repairs, and been stuck with an unsellable truck after 2 years. I would have lost way more than 6-7k over 2 years with it. Also, I got to drive a new, badass vehicle for the 2 years instead of a 10 year old vehicle.
That's why you see guys driving new pickups every year.
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