Car Prices Might Be Unsustainable for Buyers
Car Prices Might Be Unsustainable for Buyers
www.wsj.com
Car Prices Might Be Unsustainable for Buyers
119 comments
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Even smaller vehicles are getting ridiculous. The Honda Civic is a $30,000 car now.
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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
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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.
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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
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not only tht but the civic is the size of an accord from the 90s now.
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What the fuck?
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The base civic is 24 USD.
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For $24 that car is stamped with 1:76
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Damn... What a steal....
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24 USD
I'll take a hundred at that price, then sell them, fix my house up, and go on a nice vacation.
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119 comments