Hoosier Carry
Expert
Simple math says 40,000 divided by 60 is 666 a month. Not sure why you'd finance it longer than that.
Im targeting a lower beginning price though. If a new work truck can be had for 30/35,000 then I can add in A-buyer, trade-in, and 5k down to get that price down to roughly $25,000. I don't see used trucks out there for that price that I can rely on 10-15 years of ownership. Add in the warranties and I think this is a smarter deal for me. Again this is for a basic truck without the bells and whistles.