>20k brand new 0 miles>18k used 100k milesWtf is wrong with people lmfao
I'm genuinely curious where you are, what currency you're using, and what brand new vehicle is for sale out the door for 20k. Better yet, what brand new vehicle is for sale for 20k all-in while used examples of the same model with 100k miles go for 18k.
What a quality thread...
>>28639101In the US it’s hardly an exaggeration. More like $30k new and $25k for it with 100k miles. Maybe $20k if it’s an American CUV.
>>28639093Pretty much. Save 3k but you get a 60,000 mile box someone has likely done some dumb shit to already.
>>28639093Sounds like you're just looking at typical NPC appliance cars like Goyotas. A used late model 330i or Giulia with 100k miles is going to be around a $10-15k car for something that cost $50k new, for instance. Something like an Escalade with 100k miles is easily only going to be worth 50% of it's MSRP if not less.Hell, most of the dozen+ cars I've owned have been depreciated luxury cars and SUVs. People are just NPCs that will say "I've heard those are expensive to fix" before spending way more for some anemic economy car with a transverse-mounted engine.
>>28639216Tru. there are cases when it makes sense. got a 100k escalade for 25k
>>28639101US automarket went into a price hike after the tariff announcement and dealers are marking up everything they can again. At this rate it's actually better to eat the cost of a new car than it is to finance a used one.
>>28639093Buy an older car then
>>28639093visajeets bought up all the regular used cars like 2012 Camrys with 100k for 10 grand. there's literally nothing left on the market but overpriced used cars, UNLESS you want to get into something considerably older. currently shopping around for 1990s era F150s as a truck, since nu-trucks are crap and overpriced. I can get a fully restored vintage truck for $30k that will outlast a new truck with no mileage on it.
>>28639093lol, that’s because you don’t buy cash.If you had $12k in cash you could get that used car
>>28639275>visajeets bought up all the regular used cars like 2012 Camrys with 100k for 10 grandWorst part is that you'll never get rid of the stink. Instant depreciation, just add fecaloid.
>>28639093Me, because the cars I like can only be bought used.
>>28639281top kek
>>28639290ok but sorry you're not paying attention if you can't stop for a truck doing a u-turn in front of you
>>28639279You just made that up
>>28639354they were haitian migrants if it makes you feel any better
>>28639093I'm tempted, the new stuff is full of gay shit for retards and feds
>>28639354>>28639486So indians are doing the jobs that whites won't do. got it.
>>28639101There are a fuckload of brand new 2024 Mirages on the lots going for around $15k. You can spend a couple grand more and get a Versa. I see used Mirages going for around $10k. The difference will only get smaller as you move up to better vehicles. If you think the used market isn't that fucked up go look at used truck prices.
>>28639093I don't know how many miles are on any of my cars the speedometers don't work.
>>28639507GIGA KEK
>>28639275You gotta give Indians credit, they know how to take care of their car.
>>28639093>grow up being told to never finance or lease anything, always buy used and pay cash>now it's retarded to do that and financing or leasing actually makes more sensethe 20s, everyone
>>28639588no they don't, they are cheap as hell and never do basic maintenance. my old mechanic lamented what he called "The Browns" who would come into his shop and haggle with him over the most basic stuff like oil changes which were already quite cheap. they'd expect free service and diagnostics too. if their cars start to show too many problems they just purposely crash them or have them stolen and file a fraudulent insurance claim. t. knower of things
>>28639603It’s really the opposite. Finance or least made sense in the 0 interest rate era. Now that we have >4% ffr cash makes a lot more sense.
>>28639633but you need to spend like $10k to get something decent now
>>28639354>SAAR WHY YOU NOT STOP MINIVAN IN 4 SECOND SAAR YOU BASTERD BICH THIS NO TURN SIGN DOES NOT APPLY TO INDIAN MAN LIKE ME SAAR I MUST TURN ACROSS ALL HIGHWAY LANES ILLEGALLY SAAR
>>28639624That's good to know. Was simply going by neighbors and their associates they occasionally invite over.I've heard Indians will often refuse to pay a mobile mechanic.
>>28639659They would never pay bills which is why my mechanic started telling them to pay for a base diagnostic fee before he'd even look at it. He got burned too many times assessing the issue and then they'd leave and refuse to pay for his hour of labour, eventually he just refused to serve them at all. His wife ran the front desk and she'd just turn them away saying they were booked up. Best to avoid interacting with them, ever, at all, forever.
Word of mouth from how reliable certain brands are drove up their prices obviously. Of course every other used car also has to inflate because why not.
>>28639093>people keep on posting 'man i hate electronics on cars and i'll never buy new i'll only buy used>then they get really surprised when used car values skyrocket and new cars stagnate lmaoyou guys brought this on yourselves because you're idiots and don't know how to keep quiet on good things
>>28639507lmao gotem
>>28639771>implying any of us are responsible for the value of a buick century tripling because some faggot on vinwiki was gassing them up
>2019>find a 2000 Civic in excellent condition: $2,000>2025>find a 2000 Civic in usable condition: $6,000Unless you're willing to borderline rotisserie-restore some old $1,000 shitbox by yourself in your driveway, you may as well lease/finance a new vehicle at this point.
>>28639216>>28639234>just buy a shitbox that lost 75% of its value in 5 years>don’t question why it’s so cheap just marvel at what a great deal you’re getting
>>28640629for the cheap newish escalade the guy had another brand new one but lived in a cucked state that property taxes cars highly every year and he just wanted to get it out of his garage. car has been great but personally would prefer to only buy new vehicles in the future
>>28640462>gestures at all the people online who say they want minimal tech in their next car
Yeah that's like choosing to marry a twice divorced woman over a virgin woman.
>>28639093I bought my 150k mile Honda for 3.5k, how old is the car you are talking about?
>>28639093New IS350:$50,000+Used is350:$30,000 or less.And that's why I bought a used one.
I think leasing is the better idea, at least in the current market, for a couple of reasons1. there are basically no new cars worth owning. nobody will care about your 2025 camry/3 series/s4/supra gr in 2050. there will be no classic car market consisting of cars from this era. there's basically no benefit of owning any car from the last 20 years with very few exotic exceptions. the only new vehicle you should buy is a truck or sprinter van since you can't rough up a lease and these vehicle classes don't depreciate very quickly anyway2. you can get a new A-B commuter car for like $200/mo $0 down. do that for 10 years and you spent $24k(omg!!! :O) to have a new car every 3 years and not deal with any bullshit. with a 20 year old shitbox over 10 years, you have the thousands you lost in depreciation + the annual maintenance which one year could be like $5k because of something like a $3.5k transmission replacement + labor(you doing it yourself is earnings lost so saying you'd do it yourself is dumb), timing belts, whatever. and it's an unsafe POS with poor MPG. What are you even saving? $500/yr to drive a shitbox? That's a bad deal!
>>28639641If you’re buying something that’s $10k, you better be paying cash, because banks don’t like to do loans less than $10k.
>>28641003Leasing for a commuter is retarded. Just buy a jap car until the wheels fall off. Leasing only makes sense for high maintenance euro cars.
>>28641143not many people just has $10k sitting around. if you have wealth then it's already invested in stuff. now you have to sell some shares or something and pay capital gains. now you're pulling out like $13k just to have the $10k to get some shitbox that isn't nice anyway.
>>28639216>BMW or Giulia with 100K miles>'scalado with 100k milesBRUH. THose are literally at teh end of their lifecyclesThere's a raison they are cheaper than the sum of their parts. They have no usability left.BMWs ded at 50-70KAmerisharts ded at 70-100K
>>28639528>If you think the used market isn't that fucked up go look at used truck prices.This was foreseeable decades ago. I did then planned my life as a whole to live comfortably at well below my means. Anyone can if determined. People serious about enjoying easily affordable vehicles choose to learn to wrench. Anyone can. I've wrenched out of dorms and barracks. The independence and many tens of thousands of dollars saved over time are glorious.
>>28641147>not many people just has $10kThose people do NOT deserve to be driving.This would also reduce the amount of brain-damaged retards causing accidents too. Only elite rich smart people with proven good self-control are allowed to drive. If you're Daddy's Money, count yourself lucky.
>>28641197>Those people do NOT deserve to be driving. So 90%+ of the population then.
>>28641212Yes, 99%+ of the population does not deserve to live.Seriously need to clean up human genetic trash.
>>28641147>if you have wealth then it's already invested in stuff. now you have to sell some shares or something and pay capital gainsCapital gains is less than income tax, it’s not that big a deal.>if you spend money you can’t have it investedYeah that’s how life works. And if you pay in cash you can’t just put your otherwise monthly payment back into the market. Financing isn’t the free money glitch people make it out to be (except for the bank)
>>28641224>No wife>No kids>posts on 4chanI don't think 99% of anons have a right to live either.
>>28641212Those “studies” are just bullshit to create headlines.https://247wallst.com/personal-finance/2024/11/25/is-it-actually-true-that-most-americans-have-less-than-1000-in-their-savings/
>>28641242i think that once you account for everything, leasing is just a better deal. no lost time tirekicking when you try to find one to buy, dealing with repairing the shitbox once you do have it and it inevitably has problems, dealing with people on fbm when you sell it. nothing new is worth owning so financing just doesn't make sense to me.
>>28641003>you doing it yourself is earnings lost so saying you'd do it yourself is dumbWhy do you assert lost earnings based on assuming additional compensated labor is always an option or even desirable while ignoring the many control benefits of DIY?DIY gives complete personal control over the outcome without needing to trust someone else. I'm a lifelong mechanic and technician (fixing fighters on down) and know better than to outsource wrenching. Oh fuck no. For example if I'd paid someone else to replace my intake manifold gasket and they found the eroded alloy intake that's NLA they'd have used a plastic failure-prone Dorman. Instead I had the intake flanges resurfaced in a few minutes by my local shop for twenty bucks and get a far better manifold. Informed DIY is why I knew I could do that. DIY improved my job and career performance as they made me a more skilled DIYer. DIY always made me more versatile on and off the job. DIY is not earnings lost because it does not take time from financially compensated labor. Why do children hallucinate all activity can be instantly replaced with "more job"? Why would a DIYer WANT another regular job in the first place vs easy DIY (nearly all DIY is easy) at their preferred time and place? I didn't retire to start another career either. Piss on that.
>>28641292DIY is earnings lost if you'd make more money working than you're losing having someone else do it. don't really care about the example you gave as it's really specific et cetera
>>28641248>transaction accounts, or checking, savings, or money market accounts. These liquid assets providing ready-access to cash had a mean balance of $65,000 in them.Ok anon, sureeeeee
>>28641334yeah that sounds like bullshit
>>28641334mean is literally useless here. you need to get a geometric mean, which accounts for outliers. the answer would probably be like $800 unironically.
>>28639093I bought a new car in 2023 because of this. My old method of buying 3-5 year old cars (lease trade ins usually) was no longer viable as the discount from new msrp was barely anything.
>>28641299Working needs to be an actual option though. So if you’re salary and you’re not taking time off of work, this isn’t applicable. Same if you’re hourly unless actually working at that time is an option.And as much as shops charge now you have to earn a lot more money than you think for DIY to be expensive. I make like $75k after taxes and IRA contributions and it’s like half the cost doing repairs, even if I was taking time off (which I’m not actually doing).>>28641334That’s the average. If you continued reading the median is $8k which is very believable. I’m 30 and have $60k and have never made over 6 figures in my life.
>>28639093>>20k brand new 0 milesBest thing you can get for that is a manual Versa.
Stop ruining this secret. I want the poors to stay poor forever by over-paying for old cars while I negosturbate good deals on new ones and end up paying less.
>>28641603you should just make more money then. also having your day fucked up because your car starts having problems is more than just earnings lost. it's just a nuisance, period. what if it just dies and now you have to get an uber to work or something? now you have to either fix it or look for a replacement, starting the whole tirekicking process and dealing with "i know what i got" people, which takes up all of your free time.
>>28639151And don't forget that used car was probably owned by a woman doing 10-15k dealership oil changes and will need an engine before 200k
>>28642227>what if it just dies and now you have to get an uber to work or something?Oh no, $30 and being 30 minutes late to work! Better spend $200 extra every month to avoid such a calamity!
>>28642526Also most shops charge over $100 an hour now. Meaning you’d have to make at least $200k before is worth your time to pay a mechanic.
>>28642526and what about tomorrow? car won't be fixed by then. have fun paying $50/day because you thought you were saving money with your shitbox
>>28642526>30 minutes late to work!You're fired.
>>28639093That's bullshit thoughbeit. My coworker is looking into buying a car and one of the ones he's interested in is the Mazda CX-30. A used one with 91k miles is $16k. The cheapest new ones are $26k. That's 65% more. And realistically 91k miles ain't shit. Practically every car will go to over 300k miles.
>>28642585you can lease these for like $200 $0 down unironically. there's no reason to buy one
>>28642599No, you can't.
>>28642617oh not anymore then. that's not worth it.
>>28642617It is where I am. Maybe you live in an expensive area or something.
>>28642648Where is that at?
>>28642585>Practically every car will go to over 300k milesyou're banking a lot on that assumption. also that car wasn't 26,317 when new. msrp back in 2021 was 25,275. so you're paying 63% of what it originally cost. does it have 63% of its life left? given that it's functionally 37% off, has it only gone 37% of its life? you have to get it up to 248k miles to break even. if it breaks down before then you've lost money over having bought it when it was new.
>>28642670the inspect element page
>>28642545Yeah again, that’s going to be cheaper than $200 every single month. >>28642547Only if you’re a minimum wagie.
>>28642670sorry only velly good cledit saar
>>28639093The next car I buy will be an 86-89 Jeep Cherokee manual 4x4 in fair/good condition.
>>28641185>There's a raison they are cheaper than the sum of their parts. They have no usability left.People who make posts based on things inside of their head and not reality should be banned from the internet.
>>28639093Retards
