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 threadsome_guyAug 10, 2023
My partner took her 2022 Toyota for service and the dealership offered to buy it off her. The price was only $1k less than she paid new. That’s a year and a half of heavy use for $1k if she opts to take it.
Show threadValdair
Yup. My wife and I both own Subarus, we get "please let us buy your car!" letters from local dealerships on a monthly basis and have been since we bought hers in 2018.
Aug 10, 2023 at 8:39pmWeb
Show thread🇸‌🇵‌🇪‌🇨‌🇺‌🇱‌🇦‌🇹‌🇪‌🇷‌Aug 10, 2023
We just wanted all wheel drive two years ago, our Subaru went up in price. It’s silly.