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Reply to "Buying a used car in 2024 is stupid"
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[quote=Anonymous][quote=Anonymous]Don't know why anyone would buy a used car, the only cars that depreciate a lot now are the ones with really bad issues/high maintenance like Range Rovers. The cars with good reliability and cheap upkeep barely depreciate. Want a 7 year old used Toyota RAV4 with 100k+ miles? That'll be $20,000. For only 50% more you can get the same car brand new with a lot more life left in it before big repairs start coming due. The only people who buy used cars are those who cannot afford new, it's no longer the people who have high incomes but are frugal.[/quote] This has been my thought too. However, I'm monitoring a used Telsa Model Y. New around $52K vs. 2021 w/ <40K miles for around $35K. I can't get the rebate so it's making me reconsider.[/quote]
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