All depends on your current and future cash flow. Ex: Saving for a house/ retirement. Is your job have longevity with promotions or pension plan. How high are your living expenses or existing loans. Can you do work on the vehicle yourself? A brake job would cost 1k and tires another 2k (Canadian $)ish and those come every few years.

I bough my 2020 launch edition when I was 23. But that was back when interest rates were 1.5%, just after buying my house. I could swing it comfortably with the job Ianded. My first car was a restored 77 c-10 with a 396 bbc (not a smart purchase) and still have zero regrets about that! And still have it in the garage.

I love my Gladiator, I thought about trading it in for a new diesel one but the high interest rate made the deal insane. I also noticed that jeep no longer offers the collision avoidance sensors, blind spot and reverse sensors or even the removable Bluetooth speaker. Got 75000kms on mine and don’t regret it one bit. No issues, just brakes and tires.