Why are buyers opting for longer car loans despite rising prices and interest costs?

[TrapLine]

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@JoeRockhead wrote:

Why are buyers opting for longer car loans despite rising prices and interest costs?  Because they convince themselves, or get sold on the notion that they can afford a certain payment amount every month and either don't realize (not unheard of but highly unlikely), or worse yet, ignore the grand total they end up paying out (much more likely).  Plus it's the only way they can get that brand new $100k+ pickup truck they just have to have.

We live in a society of over consumption. For those that can't rein in their spending, it all catches up with them sooner or later. 

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[USMCOne]

Pretty simple question to answer. Over consumption, the price of any vechile is now outrageous in cost, and the williness of the consumer to do this. I bought a new Ram 2500 tail end of covid because the outrageous price they gave me for my prior truck. It was something I could not pass up but I never would of bought what I drive now without that happening. They gave me close to 40k for a 2016 trucks was nuts. The new one was about 80k. Still alot to finance but was affordable in regards to my life. Now 2 years later similar model truck is pushing over 90k. Its stupid.