• TheFriar@lemm.ee
    link
    fedilink
    English
    arrow-up
    23
    arrow-down
    5
    ·
    9 months ago

    Is $25k affordable? How much are cars? 25k sounds like a fuckload of money.

    • GreyBeard@lemmy.one
      link
      fedilink
      English
      arrow-up
      34
      arrow-down
      1
      ·
      9 months ago

      For a new car? $25k is a pretty low price, at least in the US. My car was $24k new 10 years ago. It wasn’t particularly special then.

      • Peppycito@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        7
        arrow-down
        1
        ·
        9 months ago

        Supposedly my 2016 Corolla was 25k I think. But after all the fees and taxes and shit I feel like it was closer to 30k. All I know for real was that it was about $10/day for 7 years.

        *Canadian $

        • GreyBeard@lemmy.one
          link
          fedilink
          English
          arrow-up
          8
          ·
          9 months ago

          The trick is, luxury cars drop in value insanely fast. A 2 year old Audi is often about the same price as a new Honda. The problem these people don’t account for is maintenance costs. They think they are getting a deal, then they are getting dragged down by an unreliable vehicle that they can’t afford to fix.

          • TrueStoryBob@lemmy.world
            link
            fedilink
            English
            arrow-up
            3
            ·
            9 months ago

            They think they are getting a deal, then they are getting dragged down by an unreliable vehicle that they can’t afford to fix.

            If memory serves, the outliers here are Lexus and Audi which both score high on reliability ratings. I could be wrong though, is been a couple of years since I looked into owning a car.

            • GreyBeard@lemmy.one
              link
              fedilink
              English
              arrow-up
              2
              ·
              9 months ago

              True, Lexus is a Toyota brand, and at least historically shared a lot of parts with Toyota cars, so maintenance wasn’t always crazy. In the case of Audi, they might be quite reliable, but I know repairs/maintenance, when needed, is very expensive.

            • WaxiestSteam69@lemmy.world
              link
              fedilink
              English
              arrow-up
              1
              ·
              9 months ago

              Lexus is probably highly reliable but Audi’s have the same problem as other German makes- tons of cheap plastic under the hood that disintegrates at around the 5 year mark. There are lots of YouTube videos about it.

          • macrocephalic@lemmy.world
            link
            fedilink
            English
            arrow-up
            1
            ·
            9 months ago

            Yeah I’ve been keeping an eye on old beaters just to drop my kids to school and a 20yo Volvo SUV is as cheap as a 20yo Mazda.

    • cum@lemmy.cafe
      link
      fedilink
      English
      arrow-up
      10
      arrow-down
      1
      ·
      9 months ago

      $25k is actually very affordable for what new cars go for. That was deemed affordable 10 years ago, so hitting that price point today is an even bigger deal.

    • drmeanfeel@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      9 months ago

      Affordable? No, not to many people’s finances

      Relatively cheap for a new car? Unfortunately

      A tough combination in a country where having a car is essentially mandatory in all but a few cities