Reply to WaPo -- New cars out of reach for many

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]People who buy new cars are either rich or bad with money. Sometimes both.[/quote]

This used to be true, but cars last a lot longer now and these days buying used is not always a better deal. [/quote]

That doesn't make sense. If cars last longer, then buying used is a better deal than it used to be because you are buying a longer lasting car.

There was a brief period during Covid when supply chain issues inflated the value of used cars. It was a very specific issue that had to do with not only supply chain problems that disrupted making/delivering new cars, but also the massive disruptions to the travel industry (car rental places are one of the primary buyers of new cars and sellers of used cars) and other weird, Covid-specific stuff.

But it's over. There are plenty of used cars on the market and you can continue to get them at a significant discount to new. I just bought a used car (2020 model) for 15k less than the new version would be. Single owner, low mileage.

There may be some particularly in-demand models where it is hard to find them used or where the used version is more expensive than you'd expect, but then just be less picky about the car you buy.[/quote]

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