It's Almost Impossible To Find A Decent Used Car Under $20,000
Vehicles under $15k are 1.6% of the market, and their share of the market has dropped over 90% since 2019. The old advice that you can get a beater and drive it in to the ground for $5k hasn't been true for years but it still seems pervasive in personal finance spaces.
https://jalopnik.com/its-almost-impossible-to-find-a-used-car-under-20k-1850716944
It's Almost Impossible To Find A Decent Used Car Under $20,000
Sub-$20,000 cars comprise about 12 percent of the market today compared to almost 50 percent in 2019
Probably not the point of the post, but I’ve found the economics of owning a car in general has changed for me. It actually stopped making financial sense for me to own a car in 2017-18. The pandemic drove it home. We still have one car for the house, but I wouldnt be surprised if it isn’t the last car we buy…
Valdair
Xartle
HubertManne