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Money and Finances
Reply to "Write a check this week for 10k to help your parents?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I do not see why you are not going for aused car that is much more affordable at $8-10k and still safe and nice.[/quote] [b]At that price point you are getting an almost 6 year old car.[/b] Most cars are trouble free for 10, so you are getting 4 years out of 10 for half the money. B/c of Great Recession used cars were bid up big, and now their is a constrained supply of used cars b/c people weren't buying new for several years. Plus rental companies are keeping cars way way longer, further curtailing supply. http://www.edmunds.com/toyota/camry/2008/?sub=sedan&ps=used Just like the mantra 'housing prices always go up' don't assume 'always buy used' is a constant truth. Do the math and check facts. [/quote] Not true. My DH bought a 1yo Hyundai Elantra for $11K two years ago. No problems, smooth sailing, still under warranty.[/quote]
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