• Gormadt@lemmy.blahaj.zone
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    1 year ago

    Why do I only buy used cars?

    I’ve been priced out of new cars.

    Edit: I of course also drive cars basically until I can’t fix them anymore (a high bar) though so it’s not like I buy cars often lol

    • nbailey@lemmy.ca
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      1 year ago

      Used cars are also getting to be insane. Try finding a ~5 year old Camry or Corolla in good shape for for less than 25K (CAD)these days, even the supply of $500 rusted out Crown Vic’s is drying up. I’ve even seen 10+ year old cars going for between 15-20K in my area.

      Anecdata: this is also screwing with insurance. My sister got hit in a minor accident, we were sure the car was going to be written off since it’s 7 years old and more than three body panels would be replaced. But, the car had increased in value by $3,000 since she bought it five years ago, so they got to repair and keep it.

      • Gormadt@lemmy.blahaj.zone
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        1 year ago

        Yeah my current car is a 14 year old Kia Rio Hatchback and when I checked how much I could sell it for the price has actually gone up since I bought it 7 years ago

        This shit’s crazy