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It's Almost Impossible To Find A Decent Used Car Under $20,000 (jalopnik.com)

submitted 1 year ago by Valdair@kbin.social to c/personalfinance@lemmy.ml

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Vehicles under $15k are 1.6% of the market, and their share of the market has dropped over 90% since 2019. The old advice that you can get a beater and drive it in to the ground for $5k hasn't been true for years but it still seems pervasive in personal finance spaces.

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[–] sadreality@kbin.social 4 points 1 year ago

Going car free is getting more affordable.

Either way, as someone stated above, they are price gouging. Covid taught them that fake shortage works and we will pay so they are milking us.

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