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re: New cars, once part of the American dream, now out of reach for many

Posted on 5/8/23 at 2:37 pm to
Posted by Fun Bunch
New Orleans
Member since May 2008
116964 posts
Posted on 5/8/23 at 2:37 pm to
quote:

Go to CarMax and buy a low mileage similar vehicle where someone else has paid the insane first year depreciation.


The prices on those are insane as well. For a little while post COVID they were at times going for higher prices than new vehicles.

My wife and I both could use new vehicles and are putting it off in hopes that things taper off a bit.
Posted by Diamondawg
Mississippi
Member since Oct 2006
32518 posts
Posted on 5/8/23 at 2:44 pm to
quote:

The prices on those are insane as well. For a little while post COVID they were at times going for higher prices than new vehicles.

I agree and that's why I am driving a 2012 right now. I was going to buy one last new truck but the computer chip thing hit and I waited too long. I can wait. The couple in the OP sounded like they were in a white heat to buy something. Was just offering an alternative.
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