ValdairAug 10, 2023

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

Jalopnik
Show threadTurkey_Titty_cityAug 10, 2023
I bought a new car in 2017 for 19K. It's now worth 21K, after 50K miles.
Show threadwowbagger_
They definitely shouldn’t have flipped out at you about it, but they weren’t really wrong. Vehicles almost never appreciate in value; it just so happened that you accidentally timed the used car market perfectly.
Aug 10, 2023 at 6:29pmWeb