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The MSRP of a baseline 2024 Corolla is $22,050. No idea what you actually pay out the door. Assuming both of those sticker prices are accurate, I might still b
by fbdab103 3y ago
The MSRP of a baseline 2024 Corolla is $22,050. No idea what you actually pay out the door.
Assuming both of those sticker prices are accurate, I might still be leaning towards the Toyota. I know it will last for a long time and have no problems obtaining parts/repairs so long as I own it.
- starik36 3y agoI don't know about now, but I was in the market for cars during Covid and the dealers were truly jacking up the prices. Corollas were definitely not in the 22k range. Hopefully the situation improved.
- chrsw 3y agoI assume there are lots of people out there that can't afford a $22k car but they can afford a $11k, even if it's low quality.
- markdown 3y agoThey can get a $11k high quality second-hand Corolla.
- g-b-r 3y agoMany people don't want second-hand cars
- wenc 3y agoWhat? Most people actually do want a second-hand car. https://www.statista.com/statistics/183713/value-of-us-passenger-cas-sales-and-leases-since-1990/ https://www.statista.com/statistics/183713/value-of-us-passe... I've never bought a new car in my life. A new car is great but loses on average 10% of its value as soon as it leaves the dealer's lot, and after 5 years, depreciates to 40% of its value. You can often get a barely used car for a lot less than its MSRP.
- argulane 3y agoAs one data point, Last week I bought a 2024 Toyota Corolla with 29k€. It has midrange options and a premium color finish.