this post was submitted on 06 Oct 2023
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More Than 80 Percent Of Americans Can’t Afford New Cars (jalopnik.com)
submitted 1 year ago by boem@lemmy.world to c/technology@lemmy.world
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[–] treadful@lemmy.zip 51 points 1 year ago (1 children)

I’d rather a car that’s 1-2 years old that’s dropped more than half the price [...]

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.

[–] kmartburrito@lemmy.world 19 points 1 year ago

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.