- cross-posted to:
- [email protected]
- [email protected]
- [email protected]
- cross-posted to:
- [email protected]
- [email protected]
- [email protected]
You must log in or register to comment.
Honestly good. There are plenty of used and pre-owned vehicles that just need minor repairs or tune-ups. I drive a used 2015 Chevy Spark, financed it back in 2022 and it’s nearly paid off. My car only needed a new battery, new tires, and an oil change. My mom on the other hand financed a new luxury Acura RDX back in 2018 as an upgrade from her 2006 Honda CRV, she’s still making payments to this day. I asked why she didn’t get a newer Honda CRV and she said that she didn’t want the same vehicle as a McDonald’s worker.
deleted by creator
Great news!
I can’t even afford an old car lol
Same here, why I went with a motorcycle instead lol
deleted by creator
deleted by creator
People who buy new are wild to me. I can afford a new car, or I could just buy a car that’s only a few years old with low mileage and save a ton of money. Seems like a no brainer to me.
Well for an EV it might make sense. There just hasnt been a used market for them for a while.
What do you mean? The Nissan Leaf first came out in 2011, the original ones are probably 13 years old now. The Bolt was released in 2016.
I own a car older than that. What I don’t want is to buy an EV and when it needs repair I have to find the one shop in my state that knows what to do. I keep hearing horror stories of having to go back to the dealer.
The problem will be solved with time but right now I would be hesitant if I was looking at replacing my car.
They generally need the same maintenance as any other car, struts, suspension, wheels, and miscellaneous parts that break. They’re not magical, they just use a different fuel.
Ok good to know, and the battery replacement stuff is all settled as well? I am planning my next car to be a used EV I just don’t want to have problems.
Battery replacements are generally about as frequent as getting a new transmission or engine. They’re rare, expensive, but if you want to pick something up on the used or remanufactured market it’s much cheaper. Supposedly the average battery will outlast the life of the car. My EV is only a year old, so I’ll have to get back to you on that, but the number I’ve heard is 10% degradation in 10 years.
the originals had terrible range right out the gate and have only gotten worse. practical electric cars aren’t common on the used market since most of them are still with their first owners
There are very few electric cars available used, which severely limits my options if I want to be responsible with an automobile purchase.
Right but the people they worship buy new cars, and they’re just temporarily disgraced millionaires so this 90 grand truck is worth it.
Also it makes up for the tiny penis.
Depends on when. There have been many times in the past 20 years that “low mileage” cars are only a couple thousand less than new, and some rare cases during the pandemic where used was more than new, cause new didn’t exist.
Even now depending on where you live, you have to get a fairly used car to get a significant discount.
It can depend. I bought new in 2017, but it was for a 2017 chevy volt. It was discounted plus had a $7500 tax credit (which I wouldn’t get if I bought used). Final price after absolutely everything was about $20k, though the money I saved on gas helps bring that down. Still driving it to this day and loving it the whole time.
Ugh yeah I’m waiting on the Tesla M2… The problem with car companies is they keep on adding more crap that 80% of people don’t need, that adds more points of failure while increasing pricing
I… Don’t think that stat refers to you
It’s a 25k car that I’m taking out a loan for… The gas savings alone make it pretty much free… I just don’t see spending upwards of $40k
That’s why I drive a 2007 chevy pickup. Most things I can fix myself and the only thing that’s going to get it off the road is rust in 20 or 30 years
Why owning an average car costs $650 000+
Maybe Americans should move the subsidies they give car owners, car companies, oil companies, etc. to public transport? Well, Europe should do that too, but if Europe can’t there’s no hope for America.
Here is an alternative Piped link(s):
Why owning an average car costs $650 000+
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
good
You can drive through the poorest looking neighborhood but they’ll still have a $60K+ pickup parked in front.
Yeah a lot of people love their car or truck more than anything else in life. Which is crazy when you think there’s such a high risk of it being totaled at a moments notice with normal usage.
And a very poor investment. Not too many worse investments other then scuba equipment and get rich schemes.
about $800 last year for auto insurance
this year the number is about $1400
same vehicle same city
income stayed the same if not lower due to less work
new vehicles are more than likely unaffordable seeing how expensive a ten year old vehicle is
how the f#%k are we not in the streets
Same boat. Insurance costs have been going up for the last few years. I tried to talk to them about it… they said ‘well everyone else is getting in accidents, you don’t even know!!! It’s crazy out there’. Same vehicle. My only ‘options’ were to let them install a bunch of tracking devices and software (fuck that) or reduce my coverage considerably.
Gosh I love the for profit insurance I’m forced to have that gets to dictate everything.
Just be glad you don’t live in Detroit or you’d be shelling out close to $6000
Can’t have shit in Detroit.
(also funny that the motor city is not a viable place to have a motorized vehicle)
But the houses are $500
With I would assume 500k of owed taxes or some other trap, like living in Detroit.
But you shouldn’t have to have a car in Detroit. All of our cities need robust public transportation systems.
Yeah, having a here in the Inland Empire in California is one thing since we’re pretty spread out even if you increased density and public transit. But the major cities at minimum cars should be a luxury or something that sits in the garage half the time, and if its doing that it should also be quite small like those early 90s polish cars.
It’s just a $1300/mo payment. What’s the big deal?
$650/mo for the Corolla GR + full insurance = $850 with trade in and 5k down.
For a $36k car thanks to dealer tax.
No thank you.
deleted by creator
I suspect most of those are leased
deleted by creator
Keep in mind that Americans hold $1.5 trillion in car debt. Most of those people can’t actually afford the luxury cars they’re driving. They might look rich, but a lot of them are broke.
Sales guy at my job made a sale that is by far the biggest in the corporation history. Bought a Tesla right after the ink was dried. Took me out to lunch at a fancy place and confessed that the sale was only possible because I was there and had worked on that type of process before. Alright I am fine with the situation but maybe don’t park it right next to my 15 year old civic.
deleted by creator
I have driven luxury cars before, never owned one. And I get it. They are not painful to drive. More comfortable in every aspect of the experience. Now you have to decide if that is worth it or not for you and for me personally it isn’t.
It was bad enough before supply chain issues, but now the car companies and dealerships are so used to ridiculous margins and they want to keep it this way as long as possible. Something’s got to give eventually, but if I’ve learned anything since the great recession of 2008, it’s that things can stay terrible for a very, very, very long time.
They have been terrible and they never got better, then we shot that gorilla and the end of the world began.
Truth be told.
the rise of ebikes is the likely solution. young people especially are going to go without cars for longer and use an ebike or escooter. expect to see more on the roads, and more of them getting ran over by lifted trucks. this will likely lead to more protected bike lanes going in since getting rid of the micromobility is impossible and they have to go somewhere and the people who use them won’t be able to afford a car
At today’s car prices, it’s actually cheaper for some people to use a rideshare every day. Especially when you factor in the cost of gas, maintenance, insurance,and parking. My friend drove for Uber and had a regular daily commuter, a nurse who worked in Houston’s medical center where parking is around $30/day. We have no good mass transit options so Uber was the best choice.
Sadly it’s dependent on the area, my current area rideshare situation is so bad that it can take you almost an hour to get a driver who won’t cancel your trip because they deem that your trip is not profitable enough. The system’s fucked so you’re pushed to get a car so you can have mobility. This is doubly so when you’ve started having children.
Uber became super expensive as well, post pandemic.
Luckily not in my area
This is doubly so when you’ve started having children.
we need alternatives to driving otherwise people won’t be able to have kids
Then why don’t you just buy used? Anyway the argument used is problematic and misleading. I could easily poke holes in there argument
Good thing the supply of used cars can never be low leading to crazy high used car prices as well.
If they are to high just sell what you have. I can’t imagine an average used car costing anywhere near 40,000 USD
If they sell their current car first, what do they use in the interim? Most places in the US do not have any public transportation to speak of, and those that do are not reliable or frequent enough to get anywhere on time.
Sorry, this sounds weird to me. If I need a car, but cars are too expensive I should sell mine to buy another? So if I have a beater on its last legs, I should not have a problem buying a working beater because my broken one will be worth more?
Try this same argument with houses, unless you don’t plan on living in one the math does not work.
First time car buyers don’t have any car to sell.
True but that’s not the majority. Anyway you can always buy something cheaper. I would go for something that’s hail damaged or messed up cosmeticly as the price for those will be much lower
how much do you think one of those costs in 2023? I’ll give you a hint, it’s not $500 OBO anymore
… And then spend twice or thrice the buying price fixing random things that break in a car that spends most of its time parked at the mechanic.
Or don’t? I would go for a car with a solid engine.
Solid engine costs extra. That’s the entire point.
where do used cars come from? storks? no, from new cars. if 80% of Americans can’t afford a new car what do you think that’s gonna do to the used car market?
That’s my car in the picture that I bought this year! Subaru and government fucked me out of my 8K rebate and locked me into the purchase to try and get it or losing $3k.
I have to pay 20% of my income on this loan, Subaru provided a low interest rate loan because of the rebate thing while loan interest rates were over like 6%. I do pay more though making it 25% of my income. Combined with my mortgage I am paying 50% of my income on loans.
Since it is electric and my commute was costing me $160 prior, I am saving about $100/month on gas at least. After 3 years I should have it paid off early. Thinking of getting solar afterwards so hopefully one year in my life my costs will go down enough that I can afford to do nice things or retire.
