The only problem is with used vehicles payments are more due to the shortened payment period.
What shortened payment period? I got a 60 month loan on mine...
I hear people say the interest rates are worse on used vehicles, too, which is true but you can still get a good rate. I got a good rate.
I remember there was a thread a while back about what people paid for their trucks and some people(most it seemed) paid crazy monthly payments. And then they had 6 or 7 year loans too. I couldn't believe it. There was one guy whose payment was more than my mortgage!