this post was submitted on 06 Oct 2023
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shrug and?
I know most people want "New cars" and fine, go chase that over priced luxury, but I'd rather a car that's 1-2 years old that's dropped more than half the price, and being passed over because new shiny thing came out.
People shouldn't have to drive beaters, but buying a car for 10k isn't a bad decision unless you're extremely well off our only care about status symbols.
Like there's a reason I was able to buy a house, and a good job helped, but also my wife and I lived with in our means, which is something I feel that isn't talked about in the consumerism age. (You can buy something new, but for most things you don't need a yearly iphone/car/or anything. A good 50 inch tv works well for a tenth of the price of the newest one. ) And yet I see people complain about not having a lot of money yet they're always talking about the newest graphics cards, newest tvs, and newest tech.... I wonder why.
Except that doesn't really happen anymore. Shoot, I've seen some cars appreciate in value after they roll off the lot in recent years. Hoping that reverses soon, but it sure isn't like it used to be.
Take the Toyota 4runner for example - they're incredibly reliable because they are simplistic in many ways with bullet proof components. You can even find 5 year old models that are within 5k of a new one.
Look at this guy with his $10k...
Get a better job. If you can't afford a $10k car, you're doing something wrong...
You understand that if someone in a low paid job gets a better paid job, the low paid job does not disappear in a puff of smoke? That the proportion of people in low paid work is a function of political decisions as to what the economy should look like?
I mean, the headline is fucking ridiculous (we don't need anything like 10% of car sales to be new cars). But so is giving careers advice as a solution to the high prevalence of shit pay.
Why don’t I strap on my job helmet and squeeze down into a job cannon and fire off into job land, where jobs grow on jobbies?
The only thing that's being done wrong here is you defending the system and not the individual.
Yeah it's insane. I bought a 1 year old Hyundai and knocked tons of depreciation off an already cheaper brand.
At my work people be driving around in leased Range Rovers/AMG Mercs. Then they will take the piss out of my car.
Seriously? I now have more disposable income because i'm not wasting it renting a car and also I own my car... It should be me bragging
I got a 2021 car last year with 6000km on it . It was almost full price .
Probably because it only had 6000 km on it. Average is closer to 15000 km/year.
Don't look at pickup prices. Mine was worth the same at 2 years as new.
A decade ago I was able to buy a shitbox Silverado 1500 crew cab for under $15k that ran till it rusted out from under me halfway back from the moon. It hauled garbage, pig feed, and two moves without a complaint. Same truck today would be $30k minimum and at that price I'd be too afraid of scratching it to have any fun.
So sell it and get new
I have a 2020 rav4 and it is only valued at $3k less than what I paid for it brand new. This isn’t a reality anymore.
Arguable the case for purchasing a brand new vehicle starts to make more sense as BEV become the majority as the batteries are a consumable that degrades with use and time. So long as the increased price is offset by the longer utilization of that battery.
the problem is the basic cost of living is going up beyond what can be afforded and people scream at you about not making extremely bad decisions you didn't even make and don't have to in order to end up struggling.