627
More Than 80 Percent Of Americans Can’t Afford New Cars
(jalopnik.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 06 Oct 2023
627 points (94.2% liked)
Technology
59414 readers
1158 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
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.