How is used car shopping now?

[Anonymous]

Is there still high demand for used cars, like a year ago?

[Anonymous]

Yes, you will pay new car prices

[Anonymous]

Just needed to buy an older car for my son before college. Paid about 20-30% more than I would have a few years ago. Ugh.

[Anonymous]

Anonymous wrote:Yes, you will pay new car prices

This isn't always the case. I am looking for a truck. The used truck prices are definitely lower than the new truck prices.

[Anonymous]

why do people buy used cars, when you can pay a couple more hundreds dollars a month for a new one

[Anonymous]

Anonymous wrote:why do people buy used cars, when you can pay a couple more hundreds dollars a month for a new one

Maybe they don’t want up pay a couple more hundreds dollars a month. Times 60.

[Anonymous]

Anonymous wrote:why do people buy used cars, when you can pay a couple more hundreds dollars a month for a new one

Because buying a car based on a monthly payment is the hallmark of being a financial idiot.

[Anonymous]

Anonymous wrote:why do people buy used cars, when you can pay a couple more hundreds dollars a month for a new one

another out of touch DCUM idiot.

[Anonymous]

Anonymous wrote:

Anonymous wrote:why do people buy used cars, when you can pay a couple more hundreds dollars a month for a new one

Because buying a car based on a monthly payment is the hallmark of being a financial idiot.

Bit of a different world now that (1) cars are, at least for the time being, an asset that does not depreciate, and (2) you can get a low-rate, long-term, fixed rate loan in an inflationary environment.