Bigger isn’t always better, so why is it more expensive? From car insurance to gas, choosing to be a truck or SUV owner can make driving outstandingly costly. There are many reasons to want or need a vehicle designed with more space and horsepower.
Whether you have a big family and want a family-sized SUV or need a truck for business and fun, you deserve the best in your budget. Avoid buyer’s remorse and fulfill your love for big vehicles by looking into the specifics like Ram 3500 insurance or what to expect from SUV mileage.
Having the vehicle you want while keeping your spending low and reasonable isn’t impossible. You just have to know how to get the best deal.
Why Are Trucks More Expensive Than Cars?
In the auto industry, you want more; you buy more. Those who prefer the comfort of trucks and SUVs create high consumer demand for larger vehicle models, making prices rise.
In addition to higher market prices and dealer markups, a list of a few other reasons that cause trucks and SUVs to be more costly is:
- Car insurance – Trucks and SUVs typically receive higher premium quotes due to their potential to cause more significant damage in an accident.
- Gas prices – By having more vehicles to push, you’ll be buying more gas. One of the biggest turn-offs for any vehicle buyer is having low miles per gallon (mpg) rates.
- Maintenance costs – Replacing or maintaining large vehicles take more money and more effort than sedans and other small cars, making ownership costs increase.
Even with a few inconveniences, let’s face it: Small cars can’t compare once you’re used to the truck and SUV lifestyle. If you want the room to prepare for a camping trip, want to spend less on moving, or simply feel safer on the road, a truck is the only vehicle for you. Some pros and cons of owning a truck include:
Pros: Trucks and SUVs tend to last longer than a traditional sedan and wagon vehicle models. The average lifespan of a car is roughly eight years, whereas a truck’s expectancy is between 10-15 years.
Cons: Because of their size, trucks and SUVs can be more challenging to maneuver or find parking.
Bonus auto insurance tip: Choosing a truck or SUV with updated safety and anti-theft features may cost you more at the dealer but could save you hundreds a year on insurance. Even updating an older model yourself with new anti-theft and safety technology could be an investment rewarded by your insurance provider.
What Are The Best SUVs to Buy?
For style and practicality reasons, SUVs are highly sought after. Not every large vehicle lover wants one for off-roading and towing. In recent years more SUV models have been designed with modern consumers in mind, making them a stylish, high-tech, and safer option than others.
You truly get the best of both worlds with an SUV because even though they don’t have flatbeds, many models are still built to have truck-like abilities and durability.
A list of some of the most stylish and affordable SUVs in today’s market includes:
- 2020 Ford Escape – $24,855
- 2020 Honda CR-V – $25,050
- 2020 Kia Optima – $23,390
- 2020 Kia Soul – $17,490
- 2020 Kia Sportage – $23,990
- 2020 Toyota RAV4 Hybrid – $28,350
- 2021 Ford F150 – $28,940
- 2020 Dodge Ram 1500 – $32,145
- 2021 Jeep Renegade – $22,850
- 2021 Jeep Wrangler – $28,295
- 2021 Kia Telluride – $32,190
- 2021 Mazda CX-3 – $20,790
This list is only an example of the top affordable models when it comes to starting MSRP prices and general maintenance. No matter what model you choose or dealer you buy from when negotiating a deal for an SUV, be sure to include maintenance to keep costs low.
Bonus auto insurance tip: Being a safe driver can literally pay off. To help offset the increased cost of driving an SUV, ask your insurer about safe driving courses you can take to reduce your rate. Many companies offer these courses as an incentive to lower your monthly or annual premiums.
What Are The Cheapest, Most Reliable Trucks?
If you tell someone that you’re looking for a truck that’s budget-friendly, some might try to deter you from trucks altogether. Thankfully, you have this article to help you know otherwise.
Pickup trucks can be a great economical choice and in many cases are used as an investment. There’s no arguing that specific jobs and activities are made more accessible by having a truck.
A list of trucks that are highly rated for their durability, safety, and style while also set at reasonable prices is:
- 2019 Honda Ridgeline – $29,990
- 2020 Dodge Ram 155 Classic – $28,200
- 2020 Dodge Ram 1500 – $32,145
- 2020 Ford Ranger Lariat – $32,500
- 2020 Jeep Gladiator – $33,545
- 2020 Nissan Frontier – $27,885
- 2021 Chevrolet Colorado – $25,200
- 2021 Chevrolet Silverado 1500 – $30,595
- 2021 Ford F-250 – $34,230
- 2021 GMC Sierra 1500 – $31,695
- 2021 Nissan Titan – $36,950
- 2021 Toyota Tacoma – $25,630
- 2021 Toyota Tundra – $34,995
The image of the pickup truck is gradually changing as more luxurious models and features are being made to meet customer demand. Though the starting price for many of the truck models listed above is considered relatively low, devoting some of your budgets to upgraded features or accessories can make a huge difference.
Bonus auto insurance tip: Lenders typically require auto loan recipients to maintain full coverage insurance at least until the loan is satisfied. Taking the amount of your desired vehicle’s full coverage insurance cost into consideration when buying can help you gauge your truck’s or SUV’s affordability.
How to Get the Best Deal on a Truck or SUV
Like shopping for any other vehicle, you need to know precisely what you want when purchasing a truck or SUV. Know what style and features you want the most and your reasons for needing a large vehicle.
Trucks have a way of making you feel more powerful, productive, and adventurous with their robust frames and multi-functional features. Nice weather, a bumping playlist, and a destination make driving one of the most enjoyable things to do outdoors when you have a vehicle you love.
Setting the parameters of a strict budget and how you will use the car to both the dealer and your insurer will help keep being a truck owner affordable. In addition, by planning and knowing common customer grievances, you will drive away happy with a tailored deal and a vehicle that makes your dollars last.
Danielle Beck-Hunter writes and researches for the auto insurance site, QuoteInspector.com. Danielle has had a love for trucks and SUVs since a young age and hopes that every truck lover can enjoy their vehicle at a reasonable price.