Thing is, if you need a car you cant afford to not have one. My options are buy a used car or a new car. Used cars are difficult to gauge reliability. And anything less than 5 years old is only ~5k under the price of a new car.
Mf subaru people had the gall to show me 2018 forester with 20k miles on it and be like “$29,000”. For reference, a new, 2023 forester with no miles costs $31,000. Insane.
Your choices are currently: buy a reliable used car for the MSRP of a new car and less warranty, buy a very old, unreliable used car for 2x-6x what it was worth 3 years ago, or buy a new car at or above MSRP.
This is bad financial advice I hear all the time. People don’t buy cars as an investment, they buy them as a consumable item or a form of entertainment.
Nobody says you shouldn’t go to the movies because it doesn’t generate a return.
Honestly you shouldn’t even spend that on a car. Cars lose value overtime and are a bad investment.
Take your money and put it into a emergency fund or retirement
Thing is, if you need a car you cant afford to not have one. My options are buy a used car or a new car. Used cars are difficult to gauge reliability. And anything less than 5 years old is only ~5k under the price of a new car.
Mf subaru people had the gall to show me 2018 forester with 20k miles on it and be like “$29,000”. For reference, a new, 2023 forester with no miles costs $31,000. Insane.
Your choices are currently: buy a reliable used car for the MSRP of a new car and less warranty, buy a very old, unreliable used car for 2x-6x what it was worth 3 years ago, or buy a new car at or above MSRP.
Shits fucked yo.
This is bad financial advice I hear all the time. People don’t buy cars as an investment, they buy them as a consumable item or a form of entertainment.
Nobody says you shouldn’t go to the movies because it doesn’t generate a return.