> I have 2012 model year that's probably worth < 20% of what it was new even with reasonable mileage, when I look at used cars less than 5 years old and without

> I have 2012 model year that's probably worth < 20% of what it was new even with reasonable mileage, when I look at used cars less than 5 years old and without a ton of miles Historically used car prices really did not vary much from 195-2020: https://i.imgur.com/SV1TrRX.png https://i.imgur.com/SV1TrRX.png, the insane variance with "used cars < 5 years old" coincides exactly with what I was saying about COVID (geez, it doesn't feel like that was 5 years ago...) It is always more work than buying new but people without money sitting in the back are generally willing to do a lot of work for what may seem like small price differences.