145
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
45 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] 7 points 3 years ago (1 child)

That's basically a lease. Although it might not be a bad idea to lease an EV. It's basically a battery with wheels. The battery will die someday, and when it does you may be better off getting a newer car with newer tech vs. replacing the battery in your older one.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •