New cars are such a ripoff

[winb83]

www.carfax.com/blog/car-depreciation/
If something loses 10% of its value just by you owning and using it once it was never worth the asking price to begin with.

I'm not sure I'll ever buy a brand new car in the face of that.

 

[King Frost]

it's a scam that involves the govt, car manufacturers and insurance companies, it's allowed because it brings them revenue $$$.

get an old pickup truck, re haul the engine, transmission and keep that bish til you leave the earth

look at cuba and india, they have old cars from the 70s/60s/50s

 

[Spence]

Yup. Bought our car new in 13 and paid it off in 6 years then refuse to buy new ever again. ESPECIALLY now that we aren’t driving any fkn where due to the pandemic. I myself have never owned a car less than 3 years old as I prefer cars with an aftermarket and no warranty I can mod freely without worry I’m going to void anything.

Buying a new EV makes sense though because the gov basically eats the “stupid tax” in the form of a $7500 tax credit which is 10% of a $75,000 luxury EV.

 

[⠀X ⠀]

That ain’t just cars. Almost everything loses its value once you buy it. The dealer and the manufacturer have to get their profit.

 

[Heafcliffe]

My car is 15 years. Bought it used and I give zilch fukks.

Looking forward to getting my ebike really.

 

[2 one 3]

Yup. Bought our car new in 13 and paid it off in 6 years then refuse to buy new ever again. ESPECIALLY now that we aren’t driving any fkn where due to the pandemic. I myself have never owned a car less than 3 years old as I prefer cars with an aftermarket and no warranty I can mod freely without worry I’m going to void anything.

Buying a new EV makes sense though because the gov basically eats the “stupid tax” in the form of a $7500 tax credit which is 10% of a $75,000 luxury EV.

I got a rebate for my Audi

 

[DropTopDoc]

Yeah but unless you find a good deal you will have to pay

 

[FS4LFE]

Car insurance and car loans in general are pyramid schemes when you think about it.

 

[GreenGrass]

buy a used car that is in good condition for 7k or less. you will save up lot of money

 

[Paper Boi]

used is the way to go always.


i'm still low key waiting for the pandemic to catch up with the market. i need something newer, but not at these prices.

 

[winb83]

Yup. Bought our car new in 13 and paid it off in 6 years then refuse to buy new ever again. ESPECIALLY now that we aren’t driving any fkn where due to the pandemic. I myself have never owned a car less than 3 years old as I prefer cars with an aftermarket and no warranty I can mod freely without worry I’m going to void anything.

Buying a new EV makes sense though because the gov basically eats the “stupid tax” in the form of a $7500 tax credit which is 10% of a $75,000 luxury EV.

That EV credit is only on the companies that haven't sold a certain amount of cars. Yeah that changes things. I would consider that.

 

[Sonic Boom of the South]

If u constantly buying a different vehicle every 4 years
U just as stupid to buy a used car


Buy a new car and run that bytch till the wheels fall off and u got every ounce of what u paid for it out of it

 

[winb83]

If u constantly buying a different vehicle every 4 years
U just as stupid to buy a used car


Buy a new car and run that bytch till the wheels fall off and u got every ounce of what u paid for it out of it

Outside of for a business why would one buy a new car every 4 years though? It's not really financially sound to do that unless you're rich.

 

[Paper Boi]

If u constantly buying a different vehicle every 4 years
U just as stupid to buy a used car


Buy a new car and run that bytch till the wheels fall off and u got every ounce of what u paid for it out of it

you could buy a used car with lower mileage and do the same thing and save yourself 10k at least.

 

[Sonic Boom of the South]

you could buy a used car with lower mileage and do the same thing and save yourself 10k at least.

And spend that 10k in repairs while driving a vehicle u really don't like