Reply to Do UMC parents buy their adult kid a car after college?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A car is 20k used. It doesn't shock me people would buy their kids cars, at all. It's a small expense for someone UMC. People pay 80k/year for college, buy whole homes, pay for a down payment...Having a dependable car is important based on where you live. [/quote]

Avg new car sale is $47k (!!!) at the moment. And used comes with risks like maintenance, lack of free loaner car if in for service. Even things like worrying about tires and brakes on a used car is a chore and a safety risk.[/quote]

I have never had a car this expensive in my life. Nobody needs a brand new 47k car, and most people never have them. There's room between a constantly breaking down 20 year-old car and one that's a few years old. The loaner thing is not a reason to spend 30k more.[/quote]

Most popular car for the yuppy demo is probably the Tesla Model Y, which isn’t exactly a flashy car. Those are mid 40s to mid 50s, so $47k isn’t an astronomical sum on a new car anymore.[/quote]

I am not saying it's astronomical, just that there are many cars that can be bought for much cheaper, including brand-new ones.

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