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Agreed. Nobody needs to buy a $60k new car. Buy one that’s 2 years old for $30. Where did the other $30k go? Dunno, but y ain’t gettin it back.
by more_corn 2y ago
Agreed. Nobody needs to buy a $60k new car. Buy one that’s 2 years old for $30. Where did the other $30k go? Dunno, but y ain’t gettin it back.
- wesleyd 2y agoI absolutely agree with this sentiment, directionally, but the “new car premium” in the US is really quite small - it takes way more than two years for cars to half in price, more like five years, and sixty thousand miles. For example, a brand new Toyota sienna XLE is a little over fifty grand. Carvana have several 21-22 siennas XLE, 40-60k miles, most over forty grand. I do not understand this.