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It's Almost Impossible To Find A Decent Used Car Under $20,000 (jalopnik.com)
submitted 3 years ago by to c/personalfinance@lemmy.ml
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Vehicles under $15k are 1.6% of the market, and their share of the market has dropped over 90% since 2019. The old advice that you can get a beater and drive it in to the ground for $5k hasn't been true for years but it still seems pervasive in personal finance spaces.

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[–] 16 points 3 years ago (1 child)

Probably not the point of the post, but I've found the economics of owning a car in general has changed for me. It actually stopped making financial sense for me to own a car in 2017-18. The pandemic drove it home. We still have one car for the house, but I wouldnt be surprised if it isn't the last car we buy...

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